NOT LISTED FOR SALE
35 Beds
2 Baths
18,566 Sq Ft
0.45 Acres

Last Sold March 21, 2016

Last sale price $4,200,000 $226 Per Sq Ft

47 Days on Market

About This Home

As of March 2016

Rare Opportunity to Purchase! 20 Units in USC's University Park! 75% 2 bedroom units situated on a nearly 20,000 SF lot. Building is contracted with HUD through February 2018. Excellent stable income stream with rent increase each February. Within the USC DPS patrol area and campus cruiser boundaries, and there is a USC Tram Stop. Well maintained building, large units, excellent unit mix on a double lot in a fantastic USC location!

Last Agent to Sell the Property

Dana Brody

Dana Brody License #01429001 Listed on: 11/13/2015

Last Buyer's Agent

Dana Brody

Dana Brody License #01429001 Listed on: 11/13/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.45

Home Design

  • 18,566 Sq Ft Home

Parking

  • 20 Parking Spaces
  • Gated Parking

Additional Features

  • Oven or Range
  • 35 Bedrooms
  • 0.45 Acre Lot

Community Details

  • 2 Buildings
  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 5124-013-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 18566
  • Manager Expense: 10300.00
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 35
  • Equipment: Range/Oven
  • Price Per S Q F T: 228.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 20

Utilities

  • Electric Expense: 4500.00
  • Water Expense: 9200.00

Fee Information

  • Gas Expense: 5300.00
  • Insurance Expense: 7120.00
  • Maintenance Expense: 5000.00
  • Management Expense: 15544.00
  • Other Expense: 7010.00
  • Trash Expense: 7900.00

Lot Info

  • Assessor Parcel Number: 5124-013-020
  • Geocode Override: No
  • Lot Size Area: 19415

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.66
  • Number Of Units: 20
  • Rent Control: 100
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 51850.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2016 03/21/16 Sold $4,200,000 -1.2% $226 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $4,250,000 -- $229 / 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 $5,951 $6,731,394 $4,038,836 $2,692,558
2024 $5,951 $6,599,407 $3,959,644 $2,639,763
2023 $5,876 $6,470,007 $3,882,004 $2,588,003
2022 $1,981 $6,343,515 $3,805,887 $2,537,628
2021 $5,508 $6,218,770 $3,731,262 $2,487,508
2019 $8,957 $6,044,150 $3,620,592 $2,423,558
2018 $1,922 $5,916,000 $3,549,600 $2,366,400
2016 $18,899 $1,425,331 $611,729 $813,602
2015 $18,646 $1,403,922 $602,541 $801,381
2014 $18,838 $1,376,423 $590,739 $785,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-958975

The MLS