$576,000
SOLD AUG 5, 2012
3 Beds
3 Baths
4,660 Sq Ft
4,886 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • Wood Siding
  • No Heating
  • 4-minute walk to South Los Angeles Wetlands Park

About This Home

As of March 2024

Upside Potential Securitized Access 8.3% Cap Rate 10.9% Cap Rate on MarketRents Good Unit Mix Bank REO

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 06/20/2012

Last Buyer's Agent

D. Danielle Hoston Wrighster

D Danielle Hoston Wrighster License #01304644

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Parking

  • 6 Parking Spaces

Home Design

  • 4,660 Sq Ft Home
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • 4,886 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 5101013021

Community Details

Overview

  • 9 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Maintenance Expense $7,500
  • Other Expense $500
  • Pest Control $420
  • Trash Expense $2,500
  • Water Sewer Expense $2,500
  • New Taxes Expense $8,136
  • Gross Income $6,339
  • Net Operating Income $48,709

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 8.28
  • Price Per Unit: 65333
  • View: No
  • Water Sewer Expenses: 2500.00
  • Property Type: Residential Income
  • Parcel Number: 5101013021
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 123.61

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 420.00
  • Trash Expense: 2500.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 4886
  • Lot Size Sq Ft: 4886.00
  • Lot Size Acres: 0.1120

Multi Family

  • Gross Income: 6339.00
  • Gross Multiplier: 7.73
  • Gross Scheduled Income: 76068.00
  • Gross Spendable Income: 48709.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 4886.0000 Square Feet
  • Maintenance Expense: 7500.00
  • Net Operating Income: 48709.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 23556.00
  • Operating Expense Percent: 31.00
  • Other Expense: 500.00
  • Other Expense Description: Admin
  • Vacancy Allowance: 3803
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 8136.00

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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
06/11/2025 06/11/25 Price Changed $1,550,000 -10.7% $333 / Sq Ft
05/05/2025 05/05/25 Price Changed $1,735,000 -3.3% $372 / Sq Ft
04/21/2025 04/21/25 For Sale $1,795,000 0.0% $385 / Sq Ft
04/20/2025 04/20/25 Off Market $1,795,000 -- --
01/21/2025 01/21/25 For Sale $1,795,000 +88.9% $385 / Sq Ft
03/29/2024 03/29/24 Sold $950,000 -20.5% $204 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $1,195,000 +107.5% $256 / Sq Ft
08/05/2012 08/05/12 Sold $576,000 -2.0% $124 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $588,000 -- $126 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P826007

California Regional Multiple Listing Service (CRMLS)