NOT LISTED FOR SALE
9 Beds
8 Baths
5,156 Sq Ft
9,048 Sq Ft Lot

Sale Details

Date Sold: February 1, 2017

Last sale price $1,075,000 $208 Per Sq Ft

17 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Facilities
  • Wood Siding
  • Linda Esperanza Marquez High A Huntington Park Institute Of Applied Medicine Rated A-
  • Wrought Iron Fence
  • Wall Furnace

About This Home

As of February 2017

*11-4-16 Back on Market* 35 year owner. 5156 sq.ft. 8plex on monstrous 9048 sq.ft. R3 lot in good unincorporated Walnut Park area across street from Huntington Park. NOT city of L.A., NO RENT CONTROL. 89K current gross annual income, potential 112K. Spacious units w/ separate gas and electric meters, 100% upgraded electric, 80% upgraded plumbing, newer carports and roof. Very low maintenance. Completely gated street to street lot w/ 12+ car parking (I'd get address officially changed from Florence to 2031 E 73rd st). Great rental area w/81 walkscore: 1 block to Firestone Elementary and Metrorail station, and walkable to large and lovely Roosevelt Park. Seller could deliver 1 or 2 units tnacav. Easy to show, see agent remarks.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 11/04/2016

Last Buyer's Agent

Mark Mittal

MONTEZUMA EQUITIES License #01255116

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 9,048 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Synthetic Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,156 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Parking

  • 10 Open Parking Spaces
  • 20 Parking Spaces
  • 10 Carport Spaces

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 6025016011

Community Details

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $345
  • Insurance Expense $2,670
  • Water Sewer Expense $5,500
  • New Taxes Expense $7,090
  • Operating Expense $17,670
  • Gross Income $89,688
  • Net Operating Income $72,018

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

9,048 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 5500.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6025016011
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 208.49

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Synthetic
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 10.00
  • Total Parking Spaces: 20.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 9048.00

Multi Family

  • Electric Expense: 345.00
  • Gross Operating Income: 89688.00
  • Gross Scheduled Income: 89688.00
  • Insurance Expense: 2670.00
  • Net Operating Income: 72018.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Rent Control: No
  • Total Actual Rent: 7474.00
  • Total Expenses: 17670.00

Tax Info

  • New Taxes Expense: 7090.00
  • Tax Lot: 6

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
Aug 27, 2018
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
$520,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 4, 2016
Closed on
Dec 8, 2016
Sold by
Bought by
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Mark Mittal
MONTEZUMA EQUITIES
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,700,000
Outstanding Balance
$5,405,005
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2005
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
-- Chicago Title Company
$1,075,000 Usa National Title Company
-- --
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
Open $715,000
Closed $520,000
Open $6,700,000
Previous Owner $500,000
Previous Owner $276,250
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
02/01/2017 02/01/17 Sold $1,075,000 0.0% $208 / Sq Ft
11/04/2016 11/04/16 For Sale $1,075,000 -- $208 / Sq Ft
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 $20,089 $1,247,623 $696,348 $551,275
2024 $19,423 $1,223,161 $682,695 $540,466
2023 $18,322 $1,199,178 $669,309 $529,869
2022 $17,561 $1,175,666 $656,186 $519,480
2021 $17,367 $1,152,615 $643,320 $509,295
2020 $17,485 $1,142,845 $636,724 $506,121
2019 $16,887 $1,120,478 $624,240 $496,238
2018 $16,603 $1,098,548 $612,000 $486,548
2016 $7,146 $306,487 $63,088 $243,399
2015 $7,063 $301,884 $62,141 $239,743
2014 $7,093 $295,971 $60,924 $235,047
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16740683

California Regional Multiple Listing Service (CRMLS)
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