T
Seller's Agent in 2016
Timothy Agee
West Shores Realty, Inc.
2108 Maple Ave Los Angeles, CA 90011
Historic South Central Neighborhood
3
Beds
3
Baths
16,152
Sq Ft
8,821
Sq Ft Lot
Highlights
- City Lights View
- Main Floor Bedroom
- Wood Siding
- Wood Flooring
- More Than Two Accessible Exits
- Wall Furnace
About This Home
As of July 2016CASH FLOW ALMOST 6% . OVER 11% TOTAL! We have been quoted a 5 year fixed at 3.3% with only 25% down. This wood frame stucco property is master metered for gas and electric. Over $300,000 have been spent on upgrades by the current owner. With a great onsite manager, the property is easily maintained and quickly filled. The building is located within one mile of Staples Center, where some have said this is the most booming market in the country and could allow an investor to take advantage of the appreciation.
Last Agent to Sell the Property
Timothy Agee
West Shores Realty, Inc. License #01292289 Listed on: 04/11/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 8,821 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
- Block Foundation
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 16,152 Sq Ft Home
- 3-Story Property
- City Lights Views
- Gas Cooktop
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 3 Bathrooms
Additional Features
- More Than Two Accessible Exits
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tax Lot 1-3
- Tax Tract Number 2264
- Assessor Parcel Number 5127016003
Community Details
Overview
- 27 Units
Building Details
- 26 Leased Units
- Rent Control
- Electric Expense $7,000
- Fuel Expense $5,000
- Insurance Expense $8,000
- Other Expense $2,000
- Pest Control $1,200
- Professional Management Expense $15,600
- Trash Expense $2,700
- Water Sewer Expense $26,000
- New Taxes Expense $41,538
- Operating Expense $117,722
- Gross Income $25,433
- Net Operating Income $178,435
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2016 07/29/16 | Sold | $3,240,000 | -2.5% | $201 / Sq Ft |
| 05/19/2016 05/19/16 | Pending | -- | -- | -- |
| 04/11/2016 04/11/16 | For Sale | $3,323,000 | -- | $206 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $47,240 | $3,760,293 | $742,773 | $3,017,520 |
| 2024 | $46,588 | $3,686,562 | $728,209 | $2,958,353 |
| 2023 | $45,710 | $3,614,278 | $713,931 | $2,900,347 |
| 2022 | $43,637 | $3,543,411 | $699,933 | $2,843,478 |
| 2021 | $43,043 | $3,473,933 | $686,209 | $2,787,724 |
| 2019 | $41,785 | $3,374,976 | $665,856 | $2,709,120 |
| 2018 | $41,608 | $3,308,880 | $652,800 | $2,656,080 |
| 2016 | $23,936 | $1,858,783 | $414,213 | $1,444,570 |
| 2015 | $23,606 | $1,830,864 | $407,992 | $1,422,872 |
| 2014 | -- | $1,795,000 | $400,000 | $1,395,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Billy Rojas
Buyer's Agent in 2016
Billy Rojas
Ashby & Graff
(310) 486-2328
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16075062
APN: 5127-016-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 424 E 20th St
- 2201 Trinity St
- 510 E 23rd St
- 619 E 22nd St
- 207 E 25th St
- 300 E 25th St
- 2500 Trinity St
- 717 E 24th St
- 125 E Adams Blvd
- 634 E Adams Blvd
- 2315 Stanford Ave
- 223 E 28th St
- 2705 Trinity St
- 752 E 17th St
- 1026 E 23rd St
- 225 W Adams Blvd
- 847 E 25th St
- 2922 Maple Ave
- 0 W 20th St Unit 25007385
- 462 E 32nd St