NOT LISTED FOR SALE
5 Beds
4 Baths
2,276 Sq Ft
5,520 Sq Ft Lot

Last Sold November 30, 2023

Last sale price $990,000 $435 Per Sq Ft

3 Days on Market

About This Home

As of November 2023

Outstanding opportunity in the heart of the up-and-coming Barrio Logan neighborhood with a lightning-fast commute to Downtown.

Both the front house and rear units have been given a complete facelift, from the redesign of livable space to the installation of Whirlpool stainless steel appliances. All three homes on one lot. Front unit is a spacious 4-bedroom / 2 bath and the rear of the property is a is a duplex with (2) 1-bedroom, 1-bathroom units. All units have updated kitchens, bathrooms, flooring, modern windows, custom cabinets, and sleek quartz countertops. Electrical, plumbing, furnace, and ducting has also been updated and you won't have to worry about parking with an extra-long driveway that can comfortably fit 4-5 cars.

This property is a goldmine waiting for a savvy investor. Dive into the details in the supplemental information to get the latest on

For rates and a peek at your potential ROI please email listing agent for OM.

This is your chance to be a part of Barrio Logan's incredible resurgence and secure a fantastic investment. It's all here, just waiting for you to seize this golden opportunity. Make your move today!

Last Listed By

Crystal Ortiz

eXp Realty of Greater Los Angeles, Inc. License #01943860 Listed on: 10/16/2023

eXp Realty of Greater Los Angeles, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 5,520 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Triplex

Interior Spaces

  • 2,276 Sq Ft Home
  • 1-Story Property

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Tandem Uncovered Parking

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 379
  • Assessor Parcel Number 5381701100
  • $9,558 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,817
  • Operating Expense $28,568
  • Net Operating Income $42,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Price Per Unit: 316667
  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5381701100
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: street
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 434.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Tandem Uncovered
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5520.00
  • Lot Size Acres: 0.1267

Multi Family

  • Gross Scheduled Income: 71026.00
  • Insurance Expense: 1817.00
  • Lot Size Area: 5520.0000 Square Feet
  • Net Operating Income: 42449.60
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 28567.90
  • Rent Control: No
  • Total Expenses: 28567.93
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 49
  • Tax Lot: 14
  • Tax Tract Number: 379
  • TaxOtherAnnualAssessmentAmount: 9558.32

Range of Values:

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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 Change Sq Ft Price
11/30/2023 11/30/23 Sold $990,000 +4.2% $435 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $950,000 +30.1% $417 / Sq Ft
09/29/2017 09/29/17 Sold $730,000 -2.5% $321 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/30/2017 08/30/17 Price Changed $749,000 -0.8% $329 / Sq Ft
08/08/2017 08/08/17 For Sale $755,000 +52.2% $332 / Sq Ft
05/04/2017 05/04/17 Sold $496,000 0.0% --
04/01/2017 04/01/17 Pending -- -- --
03/24/2017 03/24/17 Off Market $496,000 -- --
03/17/2017 03/17/17 For Sale $379,800 -- --
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: SB23192103

California Regional Multiple Listing Service (CRMLS)

APN: 538-170-11-00