M
Seller's Agent in 2019
Maritza Jimenez
Landmark Property Management
2112 Keith St Los Angeles, CA 90031
Lincoln Heights Neighborhood
8
Beds
10
Baths
4,599
Sq Ft
0.34
Acre Lot
Highlights
- 0.35 Acre Lot
- Property is near park
- Rectangular Lot
- Lincoln High School Rated A-
About This Home
As of April 2019***10 UNIT SINGLE STORY APARTMENT PROPERTY - 4,599 sq ft on a 15,028 sq foot lot in a desirable & thriving Lincoln Heights neighborhood. The property features 5 well maintained buildings, the first building has a 3 bedroom one bath home, 2nd building features 4 studios each have their own kitchen and bath, the 3rd building has 3 units each contain 1 bedroom 1 bath, the 4th building has 1 bedroom 1 bath, as well as the 5th building is a 1 bedroom 1 bath. 4 units have been completely remodeled. Three buildings have a newer roof, motion lighting on fascia above each unit and All the units have separate gas & electric meters. The Property features tenant private parking onsite. The property is centrally located, close to public transportation, walking distance to Lincoln Park, a short commute to Downtown LA, USC Medical Ctr., Dodger Stadium and much more! It has an easy access to major freeways. Neighboring Cities are Pasadena, Glendale, & Burbank. The property offers an excellent income and has plenty of upside potential on rents! Please Do Not Disturb Occupants!***
Last Agent to Sell the Property
Maritza Jimenez
Landmark Property Management License #01861444 Listed on: 10/11/2018
Last Buyer's Agent
Maritza Jimenez
Landmark Property Management License #01861444 Listed on: 10/11/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 15,028 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Paved or Partially Paved Lot
- Density is 6-10 Units/Acre
Home Design
- 4,599 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 8 Bedrooms
- 10 Bathrooms
Parking
- 11 Open Parking Spaces
- 11 Parking Spaces
- Parking Available
- Private Parking
- Driveway Level
- Parking Permit Required
Additional Features
- Exterior Lighting
- Property is near park
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, parking fee, telephone, trash collection
- Tax Lot 6
- Tax Tract Number 1991
- Assessor Parcel Number 5211011012
Community Details
Overview
- 5 Buildings
- 10 Units
Building Details
- 8 Leased Units
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,245
- Water Sewer Expense $4,800
- New Taxes Expense $17,325
- Operating Expense $25,370
- Gross Income $93,516
- Net Operating Income $68,146
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
Listed on
Oct 11, 2018
Closed on
Mar 2, 2019
Sold by
Bought by
Seller's Agent
Maritza Jimenez
Landmark Property Management
Buyer's Agent
Maritza Jimenez
Landmark Property Management
List Price
$1,575,000
Sold Price
$1,675,000
Premium/Discount to List
$100,000
6.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 24, 2009
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,675,000 | Fidelity National Title Co | ||
| -- | None Available |
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 | $725,000 | ||
| Closed | $800,000 |
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 |
|---|---|---|---|---|
| 04/24/2019 04/24/19 | Sold | $1,675,000 | 0.0% | $364 / Sq Ft |
| 12/18/2018 12/18/18 | Off Market | $1,675,000 | -- | -- |
| 10/25/2018 10/25/18 | Price Changed | $1,700,000 | +7.9% | $370 / Sq Ft |
| 10/25/2018 10/25/18 | For Sale | $1,575,000 | -6.0% | $342 / Sq Ft |
| 10/18/2018 10/18/18 | Off Market | $1,675,000 | -- | -- |
| 10/11/2018 10/11/18 | For Sale | $1,575,000 | -- | $342 / 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 | $23,729 | $1,868,489 | $1,115,517 | $752,972 |
| 2024 | $23,446 | $1,831,853 | $1,093,645 | $738,208 |
| 2023 | $23,009 | $1,795,935 | $1,072,201 | $723,734 |
| 2022 | $21,981 | $1,760,722 | $1,051,178 | $709,544 |
| 2021 | $21,712 | $1,726,199 | $1,030,567 | $695,632 |
| 2020 | $21,924 | $1,708,500 | $1,020,000 | $688,500 |
| 2019 | $2,839 | $120,826 | $39,531 | $81,295 |
| 2018 | $2,536 | $118,457 | $38,756 | $79,701 |
| 2016 | $2,359 | $113,859 | $37,252 | $76,607 |
| 2015 | $2,339 | $112,150 | $36,693 | $75,457 |
| 2014 | $2,419 | $109,954 | $35,975 | $73,979 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR18247425
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
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