NOT LISTED FOR SALE

318 W 90th St Los Angeles, CA 90003

Broadway-Manchester Neighborhood

Estimated Value: $752,000 - $946,849

4 Beds
4 Baths
2,205 Sq Ft
$377/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $610,000 $277 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,226/month

66 Days on Market

About This Home

As of December 2018

We are pleased to offer for sale this four (4) unit multifamily investment, located in the City of Los Angeles (subject to rent control ordinance). The subject property consists of approximately 2,205 square feet on a single 6,040 square foot lot. The unit mix consists of four (4) 1+1 units. Building amenities include a secured entry with a wrought iron gate, updated aluminum windows throughout, secured on-site parking with four (4) individual garages, each unit has its own individual water heater, and the property is separately metered for gas & electricity.

Last Agent to Sell the Property

Ian Hollinger

BRC Advisors- BH License #01889125 Listed on: 09/04/2018

BRC Advisors- BH

Last Buyer's Agent

Charles McMillan

Charles McMillan License #01155797

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,490

Year Built

  • Built in 1938

Lot Details

  • 6,040

Parking

  • 4 Parking Spaces

Interior Spaces

  • 2,205 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,040 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6040-031-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,490

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2205
  • Probate: No
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 283.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 112307
  • Assessed Land Value: 149746
  • Assessor Parcel Number: 6040-031-027
  • Geocode Override: No
  • Lot Size Area: 6040

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.30
  • Number Of Units: 4
  • Total Annual Expense: 14427
  • Type Of Units: Income
  • Vacancy Rate: 2%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Dec 7, 2018
Sold by
Rn Investment & Community Services Inc
Bought by
Mcmillan Lauen Laniece
Seller's Agent
Ian Hollinger
BRC Advisors- BH
Buyer's Agent
Charles McMillan
Charles McMillan
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Current Estimated Value
$830,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,712
Avg. Annual Appreciation
4.59%
Original Mortgage
$488,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2010
Sold by
Okwo Ngozi
Bought by
Rn Investment & Community Services Inc

Purchase Details

Closed on
Dec 3, 2007
Sold by
Rn Investment & Community Services Inc
Bought by
Okwo Ngozi

Purchase Details

Closed on
Jul 30, 2004
Sold by
Okwo Ngozi Rose
Bought by
Rn Investment & Community Services Inc

Purchase Details

Closed on
Oct 10, 2003
Sold by
Okwo Ngozi Rose and Nwabuzor Okwo Rose
Bought by
Okwo Ngozi Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Schumer William and Schumer Alice G
Bought by
Nwabuzor Okwo Rose

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
5.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 9, 2002
Sold by
Gordon Allegra and The Gordon Family Trust
Bought by
Schumer William

Purchase Details

Closed on
Jun 19, 2002
Sold by
Nne Enyem
Bought by
The Gordon Family Trust and The Neal Handel Living Trust

Purchase Details

Closed on
Feb 26, 2001
Sold by
Hud
Bought by
Nne Enyem and Center

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500
Interest Rate
7.12%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Olvera Victor and Ponce Virgilio
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Oct 8, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Apr 25, 1996
Sold by
Colonial Home Loan
Bought by
Olvera Victor and Ponce Virgilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,100
Interest Rate
8.01%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 1996
Sold by
Delatorre Susan K and Ellyson Susan K
Bought by
Ellyson Robert Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7%

Purchase Details

Closed on
Jan 31, 1996
Sold by
Davidson Pamela
Bought by
Colonial Home Loan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7%

Purchase Details

Closed on
Nov 30, 1995
Sold by
Jones Dorothy and Davidson Pamela
Bought by
Davidson Pamela
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcmillan Lauen Laniece $610,000 Pacific Coast Title
Rn Investment & Community Services Inc -- None Available
Okwo Ngozi -- None Available
Rn Investment & Community Services Inc -- --
Okwo Ngozi Rose -- Lawyers Title Company
Nwabuzor Okwo Rose $210,000 American Title Co
Schumer William $175,000 First American Title Co
The Gordon Family Trust $168,839 Commerce Title Co
Nne Enyem $165,000 Stewart Title
Countrywide Home Loans Inc $160,739 Landsafe Title
Hud -- Landsafe Title
Olvera Victor $154,000 Orange Coast Title
Ellyson Robert Earl -- Orange Coast Title
Colonial Home Loan $75,000 Orange Coast Title
Davidson Pamela $72,696 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillan Lauren Laniece $496,000
Closed Mcmillan Lauen Laniece $488,000
Previous Owner Okwo Ngozi Rose $206,500
Previous Owner Nwabuzor Okwo Rose $200,000
Previous Owner Schumer William $140,000
Previous Owner Nne Enyem $153,500
Previous Owner Olvera Victor $151,100
Previous Owner Colonial Home Loan $50,000
Closed Colonial Home Loan $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $610,000 -2.4% $277 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $625,000 -- $283 / Sq Ft
Source: The MLS

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 $8,490 $680,461 $457,360 $223,101
2024 $8,490 $667,120 $448,393 $218,727
2023 $8,331 $654,040 $439,601 $214,439
2022 $7,953 $641,217 $430,982 $210,235
2021 $7,851 $628,645 $422,532 $206,113
2019 $7,623 $610,000 $410,000 $200,000
2018 $3,533 $267,293 $152,740 $114,553
2016 $3,361 $256,915 $146,810 $110,105
2015 $3,316 $253,057 $144,605 $108,452
2014 $3,353 $248,101 $141,773 $106,328
Source: Public Records

Agents Affiliated with this Home

  • Ian Hollinger

    Seller's Agent in 2018

    Ian Hollinger

    BRC Advisors- BH

    (213) 226-8700

    2 in this area

    17 Total Sales

    Ian Hollinger
    Section Image
  • Charles McMillan

    Buyer's Agent in 2018

    Charles McMillan

    Charles McMillan

    (310) 508-3221

    11 Total Sales

    Charles McMillan
    Section Image
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Map

Source: The MLS

MLS Number: 18-381918

The MLS

APN: 6040-031-027

California Los Angeles County Los Angeles 90003 Broadway-Manchester

318 W 90th St, Los Angeles, CA

This home is located at 318 W 90th St, Los Angeles, CA 90003 since 04 September 2018 and is currently estimated at $830,712, approximately $376 per square foot. This property was built in 1938. 318 W 90th St is a home located in Los Angeles County with nearby schools including Dr. Owen Lloyd Knox Elementary School, Bret Harte Preparatory Middle School, and KIPP Empower Academy.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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