$875,000
SOLD AUG 14, 2024
6 Beds
6 Baths
3,875 Sq Ft
6,599 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

8% Below List Price

17 Days on Market

About This Home

As of August 2024

This property has deferred maintenance with long-term tenants and has been priced accordingly. The building is 3,875 square feet consisting of (6) one-bedroom, one-bath units, with an average square footage of 625 per/unit. The property was built in 1949 and is zoned LARD2 on a 6,597SF lot. Located in one of LA's hottest new submarkets on a predominantly single-family street that is in close proximity to the west side, beach communities, transportation, and entertainment making it very desirable to tenants and investors. First time on the market in 45 years. Probate Sale, and court confirmation MAY be required if there are any objections on the Notice of Proposed Action to beneficiaries once a buyer has been selected. Property will be sold with tenants in place.

Last Agent to Sell the Property

Mona Ghossein

Nourmand & Associates-HW License #01342592 Listed on: 04/19/2024

Last Buyer's Agent

Brita Kleingartner

TRG Real Estate Co., Inc. License #01977100

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Interior Spaces

  • 3,875 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Detached Carport Spaces

Additional Features

  • 6,599 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 5062-001-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 3875
  • Lot Acreage: 0.1515
  • Probate: Yes
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 244.90

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Carport Spaces: 6
  • Covered Parking: 6
  • Parking Garage: Carport Detached
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 18.70
  • Assessed Improvement Value: 132159
  • Assessed Land Percent: 81.3
  • Assessed Land Value: 574390
  • Total Assessed Value: 706549
  • Assessor Parcel Number: 5062-001-024
  • Lot Size Area: 6599

Rental Info

  • Court Approve: No
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: One bedroom
  • Vacancy Rate: 0

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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
08/14/2024 08/14/24 Sold $875,000 -7.8% $226 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $949,000 -- $245 / 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: 24-381483

The MLS