NOT LISTED FOR SALE
-- Bed
-- Bath
4,481 Sq Ft
1924 Built

Sale Details

Date Sold: October 12, 2017

Last sale price $850,000 $190 Per Sq Ft

18 Days on Market

About This Home

As of October 2017

**STANDARD SALE** Well maintained and permitted 8-unit apartment available in, Los Angeles. 100% occupied and all tenants pay rent on time. Owned by non-profit organization. High income of over $5583 rental income. Rents are increased 3% per year. No deferred maintenance exists. Large size units. Easy to rent and easy to manage. Each unit is separately metered for electricity. This property is a part of City of LA Rent Ordinance. And the LURA PROGRAM, Land use restriction program.

Last Agent to Sell the Property

Edwin Jacinto

College Park Realty License #01119435 Listed on: 09/03/2017

College Park Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,481 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 4,481 Sq Ft Home

Utilities

  • Sewer Paid

Community Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 15
  • Assessor Parcel Number 5075029015

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

4,481 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5075029015
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 189.69

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4481.00
  • Lot Size Acres: 0.1029

Multi Family

  • Lot Size Area: 4481.0000 Square Feet
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2216.02
  • Tax Lot: 3
  • Tax Tract Number: 15

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,670,000 Fidelity National Title
-- Fidelity Sherman Oaks
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,350,000
Closed $1,200,000
Open $3,750,000
Closed $1,320,000
Previous Owner $850,000
Previous Owner $263,000
Previous Owner $196,000
Previous Owner $18,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/12/2017 10/12/17 Sold $850,000 0.0% $190 / Sq Ft
09/03/2017 09/03/17 Off Market $850,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,623 $725,081 $557,756 $167,325
2024 $9,476 $710,865 $546,820 $164,045
2023 $9,311 $696,928 $536,099 $160,829
2022 $8,961 $683,264 $525,588 $157,676
2021 $8,780 $669,868 $515,283 $154,585
2019 $13,191 $1,045,800 $841,500 $204,300
2018 $13,092 $1,025,300 $825,000 $200,300
2016 $2,724 $168,591 $134,879 $33,712
2015 $2,694 $166,059 $132,853 $33,206
2014 $2,759 $162,807 $130,251 $32,556
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17204094

California Regional Multiple Listing Service (CRMLS)
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