NOT LISTED FOR SALE
1 Bed
1 Bath
8,752 Sq Ft
1929 Built

Last Sold July 14, 2017

Last sale price $1,762,500 $201 Per Sq Ft

87 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • Wall Furnace
  • Linda Esperanza Marquez High School Rated A-
  • Level Lot

About This Home

As of July 2017

This home is located at 2439 Palm Place, Huntington Park, CA 90255 since 01 April 2017. This property was built in 1929. 2439 Palm Place is a home located in Los Angeles County with nearby schools including Liberty Boulevard Elementary School, Walnut Park Middle School, and Linda Esperanza Marquez High School.

Last Agent to Sell the Property

Kristina Koukladas

KRPM Group License #01893217 Listed on: 04/01/2017

Last Buyer's Agent

Martin Ensbury

Lyon Stahl Investment Real Estate, Inc. License #00815392

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 9,984 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • 6202021029

Parking

  • 8 Car Garage

Home Design

  • 8,752 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Central Air
  • Wall Furnace

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 3992
  • Assessor Parcel Number 6202021028

Community Details

Overview

  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,000
  • Maintenance Expense $1,200
  • Professional Management Expense $4,492
  • Trash Expense $3,600
  • Water Sewer Expense $3,620
  • New Taxes Expense $18,800
  • Operating Expense $34,312
  • Gross Income $129,000
  • Net Operating Income $94,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

8

Listing Details

  • CapRate: 5.10
  • Price Per Unit: 154000
  • Professional Management Expense: 4492.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3620.00
  • Zoning: LCR35000*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6202021028
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 201.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Electric
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3600.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6202021029
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 9984.00

Multi Family

  • Gross Income: 129000.00
  • Gross Scheduled Income: 129000.00
  • Insurance Expense: 2000.00
  • Maintenance Expense: 1200.00
  • Net Operating Income: 94688.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 34312.00
  • Rent Control: No
  • Total Expenses: 34312.00

Tax Info

  • New Taxes Expense: 18800.00
  • Tax Census Tract: 5348.04
  • Tax Lot: 48
  • Tax Tract Number: 3992

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 Change Sq Ft Price
07/14/2017 07/14/17 Sold $1,762,500 -4.7% $201 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $1,850,000 -- $211 / Sq Ft
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: OC17068979

California Regional Multiple Listing Service (CRMLS)