NOT LISTED FOR SALE

1842 Sichel St Los Angeles, CA 90031

Lincoln Heights Neighborhood
4 Beds
2 Baths
1,888 Sq Ft
7,775 Sq Ft Lot

Last Sold April 10, 2014

Last sale price $320,000 $169 Per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Siding
  • Abraham Lincoln High School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2014

What great potential. This is an R-3 lot that units could be built on. Orginally a single family residence, converted to a duplex with separate meters years ago. Potential of living in one unit and renting out the other, or rent both units or tear it down and build new units. Long term friendly tenants. The area is minutes away from downtown and freeway close to everything. Fixer buyers welcome or developers or owner users. All with great potential. Large backyard with 2 separate garage structures with access to an alley. Plug in your own numbers depending what you decide to do with the property. The 1 bedroom rent is projected at $1,000 per month. We expect it to be vacant at the close of escrow. Buyer to purchase in "as is" condition." This is part of an estate. No termite or repairs. May require all cash.

Last Agent to Sell the Property

Brian Hatkoff

Hatkoff Investments License #00644374 Listed on: 11/06/2013

Last Buyer's Agent

Brian Hatkoff

Hatkoff Investments License #00644374 Listed on: 11/06/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 7,775 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 10
  • Assessor Parcel Number 5210013011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,300
  • Water Sewer Expense $1,600
  • New Taxes Expense $4,612
  • Gross Income $1,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1600.00
  • Property Type: Residential Income
  • Parcel Number: 5210013011
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 169.49
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7775.00
  • Lot Size Acres: 0.1780

Multi Family

  • Gross Income: 1450.00
  • Gross Scheduled Income: 17400.00
  • Insurance Expense: 2300.00
  • Lot Size Area: 7775.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4612.00
  • Tax Lot: 11
  • Tax Tract Number: 10
  • Tax Year: 2012

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
04/10/2014 04/10/14 Sold $320,000 -13.3% $169 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
11/06/2013 11/06/13 For Sale $369,000 -- $195 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Hatkoff

    Seller's Agent in 2014

    Brian Hatkoff

    Hatkoff Investments

    (818) 701-7789

    20 Total Sales

    Brian Hatkoff
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13180528

California Regional Multiple Listing Service (CRMLS)

APN: 5210-013-011

California Los Angeles County Los Angeles 90031 Lincoln Heights

1842 Sichel St, Los Angeles, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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