NOT LISTED FOR SALE

Estimated Value: $882,000 - $1,146,000

8 Beds
4 Baths
3,402 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $762,500 $224 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,175/month

11 Days on Market

About This Home

As of July 2020

Great opportunity to own a 4 unit income property! Centrally located with easy access to USC, shops, restaurants, and freeways. New roof in 2014, new plumbing in 2015, electrical updated to two of the units within the past 4 years. Each unit has it's own laundry room, on-site parking spot, and is separately metered for electricity and gas.

Last Agent to Sell the Property

Lisa Cook

Real Broker License #02039811 Listed on: 05/04/2020

Real Broker

Co-Listed By

Tammie Burnes

Tammie Burnes Real Estate License #01746864

Last Buyer's Agent

Tammie Burnes

Tammie Burnes Real Estate License #01746864

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,258

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,402 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,258 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5128-003-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3402
  • Probate: No
  • Stories: 2
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 248.38

Exterior Features

  • Other Structures: None
  • Roof: Composition, Shingle

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 1
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 110096
  • Assessed Land Value: 49311
  • Assessor Parcel Number: 5128-003-009
  • Geocode Override: No
  • Lot Size Area: 6258

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 26.00
  • Number Of Units: 4
  • Type Of Units: 4Plex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2020
Sold by
Hardy Gwendolyn and 2006 Revocable Living Trust
Bought by
Hampton Brandon
Current Estimated Value
$1,015,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2009
Sold by
Barkins Willie Mae
Bought by
Barkins Willie Mae and 2006 Revocable Living Trust Of Willie Ma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hampton Brandon $762,500 Hollywood Title Company
Hampton Brandon $762,500 Hollywood Title Company
Barkins Willie Mae -- None Available
Barkins Willie Mae -- None Available
Barkins Willie Mae -- None Available
Barkins Willie Mae -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hampton Brandon $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $762,500 -9.8% $224 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $845,000 -- $248 / 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 $10,278 $825,893 $514,154 $311,739
2024 $10,278 $809,700 $504,073 $305,627
2023 $10,085 $793,825 $494,190 $299,635
2022 $9,627 $778,260 $484,500 $293,760
2021 $9,497 $763,000 $475,000 $288,000
2020 $2,471 $169,160 $52,328 $116,832
2019 $2,391 $165,844 $51,302 $114,542
2018 $2,279 $162,594 $50,297 $112,297
2016 $2,143 $156,283 $48,345 $107,938
2015 $2,115 $153,936 $47,619 $106,317
2014 $2,148 $150,922 $46,687 $104,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-575522

The MLS

APN: 5128-003-009