NOT LISTED FOR SALE

2111 S Union Ave Los Angeles, CA 90007

University Park Neighborhood
3 Beds
5 Baths
4,002 Sq Ft
6,996 Sq Ft Lot

Last Sold June 28, 2019

Last sale price $918,000 $229 Per Sq Ft

6 Days on Market

Highlights

  • Gated Parking
  • Victorian Architecture
  • No HOA
  • Wood Flooring
  • Attic
  • Wood Frame Window

About This Home

As of June 2019

Priced to sell!!! 5 units located in the most centralized area of Los Angeles! Close to everything happening in the Los Angeles area; downtown LA, restaurants, USC, Coliseum, Staple Center, Hollywood, Pasadena, beaches and Freeways! Charter High School just a few steps away making this property very desirable for family living. Trust sale, no court approval needed. Seller priced property to sell, NO repairs will be done, property sold in its current physical conditions. Lots of potential for upside. All units are rented and have stable tenants. Third floor is used as storage. Currently 5 parking spaces with potential for additional parking. Property passed the LAHD inspection on January 7, 2019

Last Agent to Sell the Property

Sam Onate

THE PROFESSIONAL BUSINESS CENTER, INC. License #01327353 Listed on: 03/12/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 6,996 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Home Design

  • Victorian Architecture
  • Property Attached
  • Pillar, Post or Pier Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,002 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Wood Frame Window
  • Attic
  • Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • Gated Parking
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 2244
  • Assessor Parcel Number 5124002008

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $500
  • Fuel Expense $1,252
  • Gardener Expense $1,020
  • Insurance Expense $1,883
  • Maintenance Expense $1,400
  • Pest Control $516
  • Water Sewer Expense $3,345
  • New Taxes Expense $11,238
  • Operating Expense $21,154
  • Gross Income $67,179
  • Net Operating Income $45,995

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • CapRate: 5.12
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 3345.00
  • Zoning: LARD2
  • Architectural Style: Victorian
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 5124002008
  • Year Built: 1898
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Electric, Gas
  • Levels: Three Or More
  • Price Per Square Foot: 229.39
  • Room Type: Attic, Basement
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Concrete, Gated

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Pest Control Expense: 516.00
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6996.00
  • Lot Size Acres: 0.1606

Multi Family

  • Electric Expense: 500.00
  • Fuel Expense: 1252.00
  • Gross Income: 67179.00
  • Gross Operating Income: 67179.00
  • Gross Scheduled Income: 67152.00
  • Insurance Expense: 1883.00
  • Lot Size Area: 6996.0000 Square Feet
  • Maintenance Expense: 1400.00
  • Net Operating Income: 45995.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 21157.00
  • Other Income1: 50.00
  • Other Income Description: parking space
  • Rent Control: Yes
  • Total Actual Rent: 67152.00
  • Total Expenses: 21154.00

Tax Info

  • New Taxes Expense: 11238.00
  • Tax Census Tract: 2244.10
  • Tax Lot: 16
  • Tax Tract Number: 2244.1

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
06/28/2019 06/28/19 Sold $918,000 0.0% $229 / Sq Ft
04/16/2019 04/16/19 Off Market $918,000 -- --
03/28/2019 03/28/19 For Sale $899,000 0.0% $225 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $899,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sam Onate

    THE PROFESSIONAL BUSINESS CENTER, INC.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19055814

California Regional Multiple Listing Service (CRMLS)

APN: 5124-002-008

California Los Angeles County Los Angeles 90007 University Park

2111 S Union Ave, Los Angeles, CA

This home is located at 2111 S Union Ave, Los Angeles, CA 90007 since 12 March 2019. This property was built in 1898. 2111 S Union Ave is a home located in Los Angeles County with nearby schools including Norwood Street Elementary School, John Adams Middle School, and West Adams Preparatory High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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