NOT LISTED FOR SALE
9 Beds
5 Baths
4,700 Sq Ft
6,630 Sq Ft Lot

Last Sold July 25, 2023

Last sale price $1,370,000 $291 Per Sq Ft

291 Days on Market

About This Home

As of July 2023

Located in a high demand rental area of Los Angeles. 4 units in the front building with 2 bedroom 1 bath with inside laudry room and large living room. One of the 2 bedroom unit has a den .One unit 1 bedroom on top of 5 garages in the back building. Additional rent income from 5 car garages for storage room and 4 parking spaces. Security gate in the driveway. Close to Down town Los Anges and USC campus.

Last Agent to Sell the Property

Tiffany Vu

KW Executive License #02038278 Listed on: 06/30/2022

KW Executive

Co-Listed By

Alan Tran

KW Executive License #01042743

Last Buyer's Agent

Mi Jeong Stella Kim

Mi Jeong Kim License #01887660

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,630 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,700 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 221
  • Assessor Parcel Number 5073013013
  • $624 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $3,250
  • Trash Expense $2,736
  • Water Sewer Expense $8,430
  • New Taxes Expense $18,875
  • Operating Expense $34,301
  • Gross Income $90,984
  • Net Operating Income $53,263

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 280000
  • Property Attached: Yes
  • Water Sewer Expenses: 8430.00
  • Zoning: LAP
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5073013013
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 291.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2736.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 6630.00
  • Lot Size Acres: 0.1522

Multi Family

  • Garage Income: 8400.00
  • Gross Income: 90984.00
  • Gross Scheduled Income: 87564.00
  • Insurance Expense: 3250.00
  • Lot Size Area: 6630.0000 Square Feet
  • Net Operating Income: 53263.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 34301.00
  • Rent Control: Yes
  • Total Expenses: 34301.00

Tax Info

  • New Taxes Expense: 18875.00
  • Tax Census Tract: 2213.02
  • Tax Lot: 16
  • Tax Tract Number: 221...
  • TaxOtherAnnualAssessmentAmount: 624.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2023 07/25/23 Sold $1,370,000 -2.1% $291 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/25/2023 03/25/23 Price Changed $1,400,000 -3.4% $298 / Sq Ft
08/25/2022 08/25/22 Price Changed $1,450,000 -4.0% $309 / Sq Ft
06/30/2022 06/30/22 For Sale $1,510,000 +31.3% $321 / Sq Ft
11/01/2016 11/01/16 Sold $1,150,000 -1.7% $245 / Sq Ft View Prior Sale
09/09/2016 09/09/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $1,170,000 -- $249 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22143198

California Regional Multiple Listing Service (CRMLS)