NOT LISTED FOR SALE
5 Beds
5 Baths
4,665 Sq Ft
6,893 Sq Ft Lot

Last Sold April 20, 2022

Last sale price $1,350,000 $289 Per Sq Ft

36 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Living Room Balcony
  • Wood Flooring
  • Ground Level Unit
  • Front Porch

About This Home

As of April 2022

Built in 1917 on a corner lot - on a double wide street - with all Red Wood - this perfectly preserved gem has been in this family for over 40 years. Just a block away from the Historic West Adams District, with a unique view of the "Hollywood Sign", this classic building features Five LARGE 1 bedroom units with hard wood floors, formal dining rooms, walk in closets and laundry in each unit, balcony and loads of character and special unique features. The 5th Unit is a detached house with private outdoor space and three of the five units have a special built-in "Murphy Bed". Also on the property are 2 Garages (1 car each) and 3 storage closets. Low maintenance building, upgraded electrical panel - 2012 & copper plumbing. The property is surrounded by new developments, one of which will have over 50,000 square feet of retail space for shopping and dining. Located near public transportation and easy access to the 10 Fwy. Buyer to verify square footage of each unit individually. TWO UNITS WILL BE DELIVERED VACANT! SOLD AS IS!

Last Agent to Sell the Property

Korie White

Keller Williams Los Angeles License #02009608 Listed on: 01/31/2022

Keller Williams Los Angeles

Co-Listed By

Michael Berlin

Keller Williams Inglewood License #01299221

Last Buyer's Agent

Ashley White

Robert Pitts Estates License #02009857

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 6,893 Sq Ft Lot
  • West Facing Home
  • Corner Lot
  • Rectangular Lot
  • Corners Of The Lot Have Been Marked
  • Front and Side Yard Sprinklers
  • Wooded Lot

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Redwood Siding
  • Partial Copper Plumbing

Interior Spaces

  • 4,665 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Decorative Fireplace
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Center Hall
  • Tile Countertops
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Outdoor Features

  • Living Room Balcony
  • Shed
  • Front Porch

Location

  • Ground Level Unit

Utilities

  • Floor Furnace
  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas, cable TV
  • The owner pays for water, gardener
  • Assessor Parcel Number 5060-027-015

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control
  • Vacancy Allowance $4,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Ground Level, Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Viewings will be scheduled once a valid offer has been submitted.
  • Alley: No
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Exclusions: Appliances belong to tenants
  • Living Area: 4665
  • Lot Acreage: 0.1582
  • Price Per Unit: 300000.00
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1916
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Crown Moldings, Detached/No Common Walls
  • Number Carpet: 0
  • Number Disposal: 5
  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Bedrooms: 5
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Ceiling Fan, Gas Or Electric Dryer Hookup, Stackable W/D Hookup
  • Price Per S Q F T: 321.54
  • Windows: Drapes/Curtains

Exterior Features

  • Direction Faces: West
  • Construction: Redwood Siding, Wood Siding
  • Other Features: Balcony, Sprinkler System, Two On A Lot, Partial Copper Plumbing
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Number Patio: 2
  • Patio: Balcony, Living Room Balcony, Porch - Rear, Porch - Front
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Number Rented Garages: 2
  • Parking Garage: Built-In Storage
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Ceiling Fan
  • Heating: Floor Furnace
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Water Meters: 5
  • Water: District, Meter on Property
  • Water Expense: 3600.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2500.00
  • Maintenance Expense: 2000.00

Lot Info

  • Sprinklers: Front, Side
  • Additions Alterations: Yes
  • Assessed Improvement Percent: 14.28
  • Assessed Improvement Value: 65667
  • Assessed Land Percent: 85.72
  • Assessed Land Value: 394050
  • Total Assessed Value: 459717
  • Assessor Parcel Number: 5060-027-015
  • Lot Description: Curbs, Corners Established, Front Yard, Wooded, Walk Street, Street Paved, Street Lighting, Storm Drains, Sidewalks, Lot Shape-Rectangular
  • Lot Location: Corner Lot
  • Lot Size Area: 6893

Rental Info

  • Number Leased: 3
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Trash Collection, Gas, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 30850
  • Type Of Units: Multifamily
  • Vacancy Allow: 4000
  • Vacancy Rate: 2

Tax Info

  • Tax Expense: 18750.00

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 Change Sq Ft Price
04/20/2022 04/20/22 Sold $1,350,000 -10.0% $289 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $1,500,000 +11.1% $322 / Sq Ft
02/24/2022 02/24/22 Off Market $1,350,000 -- --
01/31/2022 01/31/22 For Sale $1,500,000 -- $322 / 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: 22-126839

The MLS