NOT LISTED FOR SALE

Estimated Value: $1,023,000 - $1,242,000

4 Beds
4 Baths
4,392 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $900,000 $205 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,822/month

104 Days on Market

About This Home

As of September 2021

BACK ON THE MARKET, BUYERS FAILED TO PERFORM SUBJECT TO CANCELLATION OF ESCROW
!!243, 245, 247 and 249.

Owner motivated. Largest square footage for sale in the area, great potential for future student rentals, close to famous USC, Staples Center, downtown Los Angeles.
The units are 1 bedroom and 1 bath @ 1098 sqf each unit. Easy access to transportation and freeways. Agents please read remarks.
Property SOLD AS IS in it's present condition/

Last Agent to Sell the Property

Zuny Hassey

DYNASTY REAL ESTATE License #00950683 Listed on: 04/01/2021

DYNASTY  REAL ESTATE

Last Buyer's Agent

Zuny Hassey

DYNASTY REAL ESTATE License #00950683 Listed on: 04/01/2021

DYNASTY  REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,095

Year Built

  • Built in 1923

Lot Details

  • 6,749 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 4,392 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, janitorial service
  • Tax Lot 14
  • Tax Tract Number 4487
  • Assessor Parcel Number 5111021018

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $2,108
  • Water Sewer Expense $9,600
  • New Taxes Expense $11,875
  • Operating Expense $18,208
  • Gross Income $62,180
  • Net Operating Income $49,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,095

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 9600.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5111021018
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 204.92

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6749.00
  • Lot Size Acres: 0.1549

Rental Info

  • Tenant Pays: Electricity, Gas, Janitorial Service

Multi Family

  • Average1 Bed Area: 1098 Square Feet
  • Average2 Bed Area: 1098 Square Feet
  • Average3 Bed Area: 1098 Square Feet
  • Gross Income: 62180.00
  • Gross Scheduled Income: 62180.00
  • Insurance Expense: 2108.00
  • Lot Size Area: 6749.0000 Square Feet
  • Net Operating Income: 49680.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 12500.00
  • Operating Expense Percent: 20.00
  • Rent Control: Yes
  • Total Expenses: 18208.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Census Tract: 2318.00
  • Tax Lot: 14
  • Tax Tract Number: 4487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2021
Sold by
Aguayo Jose Guadalupe and Aguayo Maria
Bought by
Sahle Gideon and Reyes Oscar A
Current Estimated Value
$1,105,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,443
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Mar 16, 2005
Sold by
Aguayo Jose Guadalupe
Bought by
Aguayo Jose Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Sahle Gideon $900,000 Lawyers Title
Aguayo Jose Guadalupe -- Act
Aguayo Jose Guadalupe -- Act
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sahle Gideon $896,443
Previous Owner Aguayo Jose Guadalupe $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2021 09/07/21 Sold $900,000 -5.3% $205 / Sq Ft
08/30/2021 08/30/21 For Sale $950,000 +5.6% $216 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/13/2021 07/13/21 Off Market $900,000 -- --
07/12/2021 07/12/21 For Sale $950,000 0.0% $216 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $950,000 0.0% $216 / Sq Ft
07/09/2021 07/09/21 Price Changed $950,000 +5.7% $216 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/27/2021 05/27/21 Price Changed $899,000 -5.4% $205 / Sq Ft
04/01/2021 04/01/21 For Sale $950,000 -- $216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,095 $955,086 $636,724 $318,362
2024 $11,925 $936,360 $624,240 $312,120
2023 $11,702 $918,000 $612,000 $306,000
2022 $11,172 $900,000 $600,000 $300,000
2021 $3,574 $248,876 $99,546 $149,330
2020 $3,600 $246,885 $98,526 $148,359
2019 $3,480 $242,056 $96,595 $145,461
2018 $3,322 $237,321 $94,701 $142,620
2016 $3,133 $227,570 $91,025 $136,545
2015 $3,092 $224,152 $89,658 $134,494
2014 $3,129 $219,762 $87,902 $131,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21068059

California Regional Multiple Listing Service (CRMLS)

APN: 5111-021-018