NOT LISTED FOR SALE
8 Beds
6 Baths
4,295 Sq Ft
5,754 Sq Ft Lot

Last Sold February 28, 2017

Last sale price $945,000 $220 Per Sq Ft

140 Days on Market

About This Home

As of February 2017

***Back On Market***We Are Pleased To Present an Investment Opportunity in the Very Desirable Mid City Area of Los Angeles. The Property Consists of Six Well Maintained Units. With Low Rents Currently, this Investment Presents Good Upside Potential. Onsite Laundry Also Generates Income. Located in an Area With High Demand for Rentals. The Convenient Location is Close to Freeways, Shopping, Transportation, Schools, and Entertainment. Please Do Not Disturb Occupants or Walk On Property. Drive By Only. Contact Listing Agent for More Information.

Last Agent to Sell the Property

Leon Higgins

SEAWIND PROPERTIES License #01178261 Listed on: 08/04/2016

Last Buyer's Agent

Leon Higgins

SEAWIND PROPERTIES License #01178261 Listed on: 08/04/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,754 Sq Ft Lot

Home Design

  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 4,295 Sq Ft Home
  • 2-Story Property
  • Laundry Located Outside

Kitchen

  • Oven or Range
  • Range with Range Hood

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 6 Units
  • Security Service

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5064-016-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4295
  • Property Condition: Repair Cosmetic
  • Year Built: 1964
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Appliances: Range, Range Hood
  • Bedrooms: 8
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 238.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Security: Community
  • Sewer: In Street Paid
  • Water: Paid

Lot Info

  • Assessed Improvement Value: 67908
  • Assessed Land Value: 25270
  • Assessor Parcel Number: 5064-016-018
  • Geocode Override: No
  • Lot Size Area: 5754

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 18.00
  • Number Of Units: 6
  • Total Annual Expense: 32000
  • Type Of Units: Building
  • Vacancy Rate: 0

Tax Info

  • Mello Roos: Unknown

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
02/28/2017 02/28/17 Sold $945,000 0.0% $220 / Sq Ft
01/09/2017 01/09/17 Off Market $945,000 -- --
01/08/2017 01/08/17 For Sale $1,025,000 +8.5% $239 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
12/19/2016 12/19/16 Off Market $945,000 -- --
12/15/2016 12/15/16 For Sale $1,025,000 0.0% $239 / Sq Ft
12/15/2016 12/15/16 Price Changed $1,025,000 +8.5% $239 / Sq Ft
12/10/2016 12/10/16 Off Market $945,000 -- --
10/07/2016 10/07/16 Pending -- -- --
10/07/2016 10/07/16 Off Market $945,000 -- --
08/04/2016 08/04/16 For Sale $1,050,000 -- $244 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-150356

The MLS