NOT LISTED FOR SALE
17 Beds
8 Baths
6,376 Sq Ft
0.25 Acres

Last Sold February 15, 2024

Last sale price $1,210,000 $190 Per Sq Ft

86 Days on Market

Highlights

  • 0.25 Acre Lot
  • Midcentury Modern Architecture
  • South Facing Home
  • John Marshall Senior High Rated A
  • Balcony

About This Home

As of February 2024

LOCATION, LOCATION, LOCATION. This property is located in the hottest spot of Elysian Valley. Surrounded by new high-end full service apartment complexes, this area is booming. Moreover, you are walking distance to the Los Angeles River walk/bike trail, brewery, local eateries, dodger stadium and more. Although the rents are low, the opportunity for exceptional growth over time is amazing

Last Agent to Sell the Property

Luis Ruiz

LAR Realty, Inc. License #01295320 Listed on: 09/25/2023

Last Buyer's Agent

Luis Ruiz

LAR Realty, Inc. License #01295320 Listed on: 09/25/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • South Facing Home

Home Design

  • Midcentury Modern Architecture
  • Cosmetic Repairs Needed
  • Asphalt Roof

Interior Spaces

  • 6,376 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 8 Bathrooms

Parking

  • 7 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Balcony

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 5442-011-034

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • Rent Control
  • Vacancy Allowance $1,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Living Area: 6376
  • Lot Acreage: 0.2500
  • Price Per Unit: 249857.00
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 17
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 266.00

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony
  • Other Structures: None
  • Paved: Yes
  • Roof: Asphalt
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Carport
  • Total Parking: 7

Utilities

  • Water Heater: Water Heater Unit
  • Heating: Wall
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 64.78
  • Assessed Improvement Value: 234770
  • Assessed Land Percent: 35.22
  • Assessed Land Value: 127616
  • Total Assessed Value: 362386
  • Assessor Parcel Number: 5442-011-034
  • Lot Size Area: 10892

Rental Info

  • Total Actual Rent: 36000.00
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 48.58
  • Number Of Units: 7
  • Total Annual Expense: 36000
  • Type Of Units: Residential
  • Vacancy Allow: 1080
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 1080

Tax Info

  • Private Transfer Taxes: No

Range of Values:

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Average Value
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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
02/15/2024 02/15/24 Sold $1,210,000 -30.8% $190 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $1,749,000 -- $274 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-316163

The MLS