NOT LISTED FOR SALE
8 Beds
7 Baths
5,706 Sq Ft
6,512 Sq Ft Lot

Last Sold November 23, 2015

Last sale price $925,000 $162 Per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Community Storage Space
  • Spanish Architecture
  • Wrought Iron Fence
  • 4-minute walk to Vineyard Recreational Center

About This Home

As of November 2015

7-unit Apartment Building

Opportunity to own this unique 2-story investment property offering a Spanish architecture corner building in mid Los Angeles with great curb appeal. Offers 5,706 square feet of living space. Units are a combination of 1-single unit, 4- 1 bedroom & 1 bath, 2- 2 bedrooms & 1 bath units which tenants take pride of ownership. Additional features to the complex include 4- single car garage parking with an additional monthly income, 6 storage rooms, most units with their own electrical panel, on-site long term manager, and roof redone 7 years ago.

Last Agent to Sell the Property

Dulce Vazquez

Luxury Collective License #01490687 Listed on: 09/03/2015

Last Buyer's Agent

Dulce Vazquez

Luxury Collective License #01490687 Listed on: 09/03/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,512 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Fence is in average condition
  • Front Yard

Parking

  • 4 Car Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • 5,706 Sq Ft Home
  • Spanish Architecture
  • Property Attached
  • Flat Roof Shape
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Stucco

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Tax Tract Number 4831
  • Assessor Parcel Number 5057006004

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed
  • Pet Restriction

Building Details

  • 7 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 7 Separate Gas Meters
  • Insurance Expense $3,953
  • New Taxes Expense $10,000
  • Gross Income $220

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Smoke Detector(s), Window Bars
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5057006004
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Levels: Two
  • Price Per Square Foot: 162.11

Exterior Features

  • Fencing: Average Condition, Block, Wrought Iron
  • Pool Private: No
  • Roof: Flat, Spanish Tile
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Assigned, Street
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Pet Rules, Pets Permitted, Storage, Water
  • Community Features: Curbs

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6512.00
  • Price Per Lot Square Foot: 145.88
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 220.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 3953.00
  • Lot Size Area: 6512.0000 Square Feet
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 7
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Rent Control: Yes
  • Total Actual Rent: 6202.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 13
  • Tax Tract Number: 4831

Range of Values:

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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
11/23/2015 11/23/15 Sold $925,000 -2.6% $162 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $950,000 -- $166 / 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: SR15195333

California Regional Multiple Listing Service (CRMLS)