Colt Maloney
Figure 8 Realty
(213) 513-7683
59 Total Sales
1 in Historic South Central
$926,000 Price
229 E 30th St Los Angeles, CA 90011
Historic South Central Neighborhood
3
Beds
2
Baths
5,367
Sq Ft
6,259
Sq Ft Lot
About This Home
As of January 2018Large Units-(2 buildings) in the heart of Los Angeles. There are 7 units (6 units per Assessor). Seller says she inherited through a series of probates in LA County, which Fidelity Title has pushed back on. She has provided Probate Court case numbers in response. This may need to await resolution
or may require a different title insurer. The court documents referred to the building as 7 units in the proceedings. City and Agencies have inspected multiple times over the years, and seem to be aware of 7th unit, Requesting changes over the years to other items, which were done. Downtown, U.S.C., Manufacturing, Light Rail and transportation corridors close by. Property has been operated as a mom & pop business. Seller may elect a 1031 exchange, but will not delay buyers' close. Please do NOT enter the property NOR interact with the tenants. Sold As is. Subject to Inspection. Seller will provide limited info she has on file. Gross rents numbers appear to be very low - provided to me verbally, with some delinquent. Seller will not cooperate with Lender based conditions. Priced for quick sale. The price was drastically reduced due to lack of information available to buyers, lax management history, long term tenants/occupants. May not be ideal for inexperienced buyers. This is as-is. Rental business is as-is. I am describing this as a "pig". You are being offered a very challenging property rental business.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1913
Lot Details
- 6,259 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- 5,367 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Location
- Property is near public transit
- Urban Location
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 30
- Assessor Parcel Number 5128004029
Community Details
Overview
- 2 Buildings
- 7 Units
Building Details
- Rent Control
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 30, 2017
Closed on
Jan 18, 2018
Sold by
Henson Sharon Keele
Bought by
Seller's Agent
Michelle Lowe
MICHELLE LOWE REAL ESTATE
Buyer's Agent
Juan Michael
Forward Real Estate
List Price
$725,000
Sold Price
$725,000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Historic South Central, CA
-
Colt Maloney
-
Russell Chan
Russell Chan
Responds QuicklyWilshire Metro Realty, Inc.
(424) 223-5522
22 Total Sales
1 in Historic South Central
$828,000 Price
-
Alex Woltman
Alex Woltman
Berkshire Hathaway HomeServices California Properties
(747) 246-7580
26 Total Sales
1 in Historic South Central
$660,000 Price
-
Silvestre Medel
Silvestre Medel
Excellence RE Real Estate, Inc.
(858) 256-8987
56 Total Sales
3 in Historic South Central
$359K - $850K Price Range
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
118 Total Sales
1 in Historic South Central
$640,000 Price
-
Jared Nuñez
Jared Nuñez
Ambiance Realty
(562) 568-7742
144 Total Sales
1 in Historic South Central
$658,000 Price
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 |
|---|---|---|---|
| $725,000 | Ticor Title Company |
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 | $695,000 | ||
| Closed | Sola Impact Fund Ii Lp | $594,000 | |
| Open | Sola Impact Fund Ii Lp | $1,390,500 | |
| Closed | Sola Impact Fund Ii Lp | $486,000 |
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 |
|---|---|---|---|---|
| 01/30/2018 01/30/18 | Sold | $725,000 | 0.0% | $135 / Sq Ft |
| 01/23/2018 01/23/18 | For Sale | $725,000 | 0.0% | $135 / Sq Ft |
| 01/22/2018 01/22/18 | Pending | -- | -- | -- |
| 01/16/2018 01/16/18 | Off Market | $725,000 | -- | -- |
| 01/09/2018 01/09/18 | For Sale | $725,000 | 0.0% | $135 / Sq Ft |
| 12/12/2017 12/12/17 | Off Market | $725,000 | -- | -- |
| 11/21/2017 11/21/17 | Price Changed | $725,000 | -42.9% | $135 / Sq Ft |
| 10/31/2017 10/31/17 | For Sale | $1,270,000 | +75.2% | $237 / Sq Ft |
| 10/30/2017 10/30/17 | Off Market | $725,000 | -- | -- |
| 10/30/2017 10/30/17 | For Sale | $1,270,000 | -- | $237 / 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 |
|---|---|---|---|---|
| 2026 | $13,364 | $1,044,520 | $522,260 | $522,260 |
| 2025 | $13,364 | $1,024,040 | $512,020 | $512,020 |
| 2024 | $13,163 | $1,003,962 | $501,981 | $501,981 |
| 2023 | $12,924 | $984,278 | $492,139 | $492,139 |
| 2022 | $12,356 | $964,980 | $482,490 | $482,490 |
| 2021 | $12,186 | $946,060 | $473,030 | $473,030 |
| 2019 | $11,853 | $918,000 | $459,000 | $459,000 |
| 2018 | $3,387 | $200,681 | $84,396 | $116,285 |
| 2016 | $3,156 | $192,890 | $81,120 | $111,770 |
| 2015 | $3,122 | $189,994 | $79,902 | $110,092 |
| 2014 | $3,172 | $186,273 | $78,337 | $107,936 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Lowe
ML
Seller's Agent in 2018
Michelle Lowe
MICHELLE LOWE REAL ESTATE
(909) 524-8061
17 Total Sales
-
Juan Michael
Buyer's Agent in 2018
Juan Michael
Forward Real Estate
(323) 873-6550
1 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV17234989
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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