NOT LISTED FOR SALE

Estimated Value: $1,254,417 - $1,523,000

8 Beds
5.5 Baths
4,199 Sq Ft
$334/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $805,000 $192 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,558/month

39 Days on Market

About This Home

As of June 2017

Assessor shows 1,183 sq.ft. for the house, 3,016 sq.ft. for the townhouses, and 6,870 sq.ft for the lot - buyers to verify all this independently. Great Investment opportunity...large property, which includes a main house (one story), with 2 bedrooms, 2 bathrooms, and a separate structure which includes 3 townhouses. Each townhouse is 2 stories (first floor includes living room, kitchen, dining area and 0.25 bathroom, and the second floor of each townhouse is 2 bedrooms and 1 bathroom). Complete fixer - bring a contractors, but well priced, allowing wonderful potential. centrally located property, convenient for USC and close to freeways. The main house and townhouse #3 are vacant, the other 2 townhouses currently rented. 4 parking spaces (2 sets of tandem parking) between the buildings and 2 parking spaces (tandem) on the east of the house. The house was built in 1910 and the townhouses in 1964.

Last Agent to Sell the Property

Shalom Guli

Shalom Guli License #01415747 Listed on: 03/20/2017

Co-Listed By

Iris Karni

Keller Williams Beverly Hills License #01095419

Last Buyer's Agent

Shalom Guli

Shalom Guli License #01415747 Listed on: 03/20/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,891

Year Built

  • Built in 1910

Lot Details

  • 6,870 Sq Ft Lot

Home Design

  • 4,199 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5.5 Bathrooms

Parking

  • 6 Parking Spaces
  • Tandem Parking

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5124-004-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,891

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4199
  • Probate: No
  • Year Built: 1910
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.50
  • Den: 0
  • Price Per S Q F T: 213.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 56015
  • Assessed Land Value: 26899
  • Assessor Parcel Number: 5124-004-017
  • Geocode Override: No
  • Lot Size Area: 6870

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 48.00
  • Number Of Units: 4
  • Total Annual Expense: 19632
  • Type Of Units: income
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2017
Sold by
Singh Hari
Bought by
Singh Hari and Kaur Daljit
Current Estimated Value
$1,370,109

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 5, 2017
Sold by
Kaur Daljit
Bought by
Singh Hari
Seller's Agent
Shalom Guli
Shalom Guli
Buyer's Agent
Shalom Guli
Shalom Guli
List Price
$898,000
Sold Price
$805,000
Premium/Discount to List
-$93,000
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$130,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 20, 2017
Closed on
May 10, 2017
Sold by
Ebeling Anita and Ruth Sharp Trust
Bought by
Singh Hari
Seller's Agent
Shalom Guli
Shalom Guli
Buyer's Agent
Shalom Guli
Shalom Guli
List Price
$898,000
Sold Price
$805,000
Premium/Discount to List
-$93,000
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2015
Sold by
Sharp Ruth
Bought by
The Ruth Sharp Trust

Purchase Details

Closed on
Aug 18, 2009
Sold by
Sharp Ruth
Bought by
The Ruth Sharp Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Singh Hari -- None Available
Singh Hari -- None Available
Singh Hari $805,000 First American Title
The Ruth Sharp Trust -- None Available
The Ruth Sharp Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Hari $595,000
Closed Singh Hari $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $805,000 -10.4% $192 / Sq Ft
03/20/2017 03/20/17 For Sale $898,000 -- $214 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $11,891 $953,721 $560,560 $393,161
2024 $11,891 $935,021 $549,569 $385,452
2023 $11,672 $916,689 $538,794 $377,895
2022 $11,149 $898,716 $528,230 $370,486
2021 $10,994 $881,095 $517,873 $363,222
2020 $11,100 $872,061 $512,563 $359,498
2019 $10,655 $837,521 $502,513 $335,008
2018 $10,309 $821,100 $492,660 $328,440
2016 $1,330 $82,914 $26,899 $56,015
2015 $1,316 $81,669 $26,495 $55,174
2014 $1,349 $80,070 $25,976 $54,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-212850

The MLS

APN: 5124-004-017