NOT LISTED FOR SALE
-- Bed
-- Bath
2,613 Sq Ft
1960 Built

Last Sold January 13, 2017

Last sale price $550,000 $210 Per Sq Ft

323 Days on Market

Highlights

  • Water Views
  • Cooling Available
  • Ceiling Fan
  • Corner Lot
  • Tile Flooring
  • No Heating

About This Home

As of January 2017

15% RETURN!!! Large Corner Property with FIVE legal units located in East Hollywood, quiet neighborhood, close to 7 yr old roof, 8 parking spaces. Built in 1960. Property has been recently renovated, and is in very good condition. Rents can be improved upon with very little resistance. High demand rental neighborhood. Agressively Priced for Quick Sale!!!Seller Financing Available with 30% Down, 5.5% Interest rate. Right to downtown Hollywood. 5 Apartments complex containing total of 2613 SF ; inspect with Executed Contract.

Last Agent to Sell the Property

Savine Property Savine Property

Savine International Realty License #3240703 Listed on: 01/25/2016

Last Buyer's Agent

Savine Property Savine Property

Savine International Realty License #3240703 Listed on: 01/25/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,147

Year Built

  • Built in 1960

Lot Details

  • Corner Lot

Interior Spaces

  • 2,613 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Water Views

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $49,800
  • Rent includes electricity
  • Assessor Parcel Number 514209057680

Community Details

Overview

  • 4 Units
  • Hollywood Park 4 19 B Subdivision

Building Details

  • Operating Expense $9,433
  • Net Operating Income $40,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,147

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: EXIT I-95 AT SHERIDAN STREET, GO EAST ABOUT ONE BLOCK, TURN RIGHT AT 24TH AVENUE CONTINUE TO TAFT STREET.
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2613.0
  • Window Features: Blinds

Exterior Features

  • View: Other, Water
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Other
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 514209057680
  • Zoning Description: RM-9

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 40360.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9433.0
  • Total Actual Rent: 49800.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5147.0

Range of Values:

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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
01/13/2017 01/13/17 Sold $550,000 -21.2% $210 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $698,000 -- $267 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10202023

BeachesMLS