NOT LISTED FOR SALE
10 Beds
9 Baths
6,400 Sq Ft
6,970 Sq Ft Lot

Last Sold September 01, 2017

Last sale price $1,525,000 $238 Per Sq Ft

36 Days on Market

About This Home

As of September 2017

BACK ON THE MARKET DUE TO NOT MEETING THE DEPOSIT GUIDELINES. GREAT INVESTMENT OPPORTUNITY WITHIN THE CITY OF L.A. RENT CONTROL, NO PROBLEM, VACANCY IS 7 OUT OF 9, YOU SET THE RENTS AND TERMS OF OCCUPANCY. PROPERTY IS BEING SOLD "AS IS". WELL MAINTAINED INVESTMENT OPPORTUNITY IN A GREAT LOCATION. THERE ARE NO RECORDS OF RENTAL PAYMENTS. THE TWO TENANTS SAY THEY PAY $1,041 & $1,226 PER MONTH . DUE TO THE HIGH RATE OF VACANCY OFFERS SUBMITTED WITH THE HIGHEST PERCENTAGE OF "CASH" TOWARD PURCHASE PRICE ARE DEEMED APPROPRIATE. CHECK PUBLIC RECORDS FOR PROPERTY DESCRIPTION, IT APPEARS TO BE (8) 1 BEDROOM UNITS AND (1) 2 BEDROOM UNIT. ALL OFFERS TO SELLER PRESENTED ON A DAILY BASIS AND CHECK MLS FOR CHANGE OF STATUS FROM "ACTIVE" TO "PENDING" WHEN A BUYER'S OFFER IS SELECTED. SELLER WANTS 3% "INITIAL DEPOSIT", 7% "INCREASED DEPOSIT" WITHIN 7 BUSINESS DAYS AFTER ACCEPTANCE OF OFFER. ONLY THE BEST OFFER IS ACCEPTED. OFFERS REFERENCING "ASSIGNEE" WILL NOT BE ACCEPTED.

Last Agent to Sell the Property

Kenneth Ali

Kenneath Hasan Ali License #01418907 Listed on: 07/01/2017

Last Buyer's Agent

Kenneth Ali

Kenneath Hasan Ali License #01418907 Listed on: 07/01/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,978

Parking

  • 5 Car Attached Garage

Interior Spaces

  • 6,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Additional Features

  • 6,978 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 5023-007-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,978 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6400
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 250.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 5

Utilities

  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Value: 333824
  • Assessed Land Value: 130306
  • Assessor Parcel Number: 5023-007-029
  • Geocode Override: No
  • Lot Size Area: 6978

Multi Family

  • Unit Type: 2106
  • Number Of Units: 9
  • Type Of Units: Apartment
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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
09/01/2017 09/01/17 Sold $1,525,000 -4.7% $238 / Sq Ft
08/24/2017 08/24/17 For Sale $1,600,000 0.0% $250 / Sq Ft
08/06/2017 08/06/17 Pending -- -- --
08/01/2017 08/01/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $1,600,000 0.0% $250 / Sq Ft
07/28/2017 07/28/17 Price Changed $1,600,000 +25.0% $250 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $1,280,000 -- $200 / Sq Ft
Source: The MLS

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 $21,829 $1,735,184 $1,251,610 $483,574
2024 $21,829 $1,701,162 $1,227,069 $474,093
2023 $21,428 $1,667,807 $1,203,009 $464,798
2022 $20,475 $1,635,106 $1,179,421 $455,685
2021 $20,206 $1,603,046 $1,156,296 $446,750
2019 $19,627 $1,555,780 $1,122,000 $433,780
2018 $19,513 $1,525,280 $1,100,000 $425,280
2016 $6,664 $464,130 $130,306 $333,824
2015 $6,582 $457,159 $128,349 $328,810
2014 $6,663 $448,205 $125,835 $322,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-247564

The MLS
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