NOT LISTED FOR SALE
12 Beds
12 Baths
7,180 Sq Ft
8,222 Sq Ft Lot

Last Sold May 27, 2021

Last sale price $2,375,000 $331 Per Sq Ft

12 Days on Market

About This Home

As of May 2021

Great Boyle Heights Location with close proximity to School, Parks, Shopping and Restaurants. Walk Score is 86. 5 out of 12 units have been renovated. Soft Story plans are RTI. Potenital to add an ADU. 4.7% cap on actuals with a Proforma over 6%. This one will not last.

Last Agent to Sell the Property

Hooman Emanuel

Keller Williams Studio City License #01200237 Listed on: 04/03/2021

Keller Williams Studio City

Last Buyer's Agent

Daniel Baird

License #01249675

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,222 Sq Ft Lot

Interior Spaces

  • 7,180 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 12 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 12 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5183-024-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 7180
  • Lot Acreage: 0.1888
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Common Walls: Attached
  • Total Bathrooms: 12.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 330.78

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Driveway
  • Total Parking: 12

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 32.98
  • Assessed Improvement Value: 627300
  • Assessed Land Percent: 67.02
  • Assessed Land Value: 1275000
  • Total Assessed Value: 1902300
  • Assessor Parcel Number: 5183-024-019
  • Lot Size Area: 8222

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.77
  • Number Of Units: 12
  • Rent Control: 100
  • Type Of Units: Apartment

Range of Values:

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Value Increase
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Percent Increase
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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
05/27/2021 05/27/21 Sold $2,375,000 0.0% $331 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $2,375,000 -- $331 / 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 $32,031 $2,570,776 $1,488,344 $1,082,432
2024 $31,645 $2,520,369 $1,459,161 $1,061,208
2023 $31,044 $2,470,950 $1,430,550 $1,040,400
2022 $41,230 $2,422,500 $1,402,500 $1,020,000
2021 $23,930 $1,922,007 $1,288,209 $633,798
2020 $24,164 $1,902,300 $1,275,000 $627,300
2019 $23,235 $1,865,000 $1,250,000 $615,000
2018 $12,379 $937,165 $349,873 $587,292
2016 $11,749 $900,776 $336,288 $564,488
2015 $11,590 $887,246 $331,237 $556,009
2014 $11,702 $869,867 $324,749 $545,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-714978

The MLS