NOT LISTED FOR SALE
14 Beds
14 Baths
9,338 Sq Ft
8,961 Sq Ft Lot

Sale Details

Date Sold: January 17, 2018

Last sale price $2,925,000 $313 Per Sq Ft

46 Days on Market

About This Home

As of January 2018

Stella Apartments. Corner building very well kept and managed. Some Copper plumbing, New Garage gate. Replaced all windows on the building. Long term tenants. Property is under City of LA mandatory soft story earthquake retrofitting program. Unit 14 Rent $ 1070,17 Property is being Sold As IS with no warranty or liability to seller and brokers.Buyers to verify and rely on their findings.Buyer to cooperate with seller 1031 exchange at no cost to buyer.

Last Agent to Sell the Property

George Tavitian

Re/Max Tri-City License #00979751 Listed on: 12/04/2017

Last Buyer's Agent

George Tavitian

Re/Max Tri-City License #00979751 Listed on: 12/04/2017

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,961 Sq Ft Lot

Home Design

Interior Spaces

  • 9,338 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 9 Parking Spaces
  • Attached Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Gravity Heating System
  • Cable TV Available

Community Details

  • 14 Units
  • Rent Control

Listing and Financial Details

  • $3 Seller Concession

Property Details

Home Type

Multi-Family

Lot Details

8,961 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Complex Name: Stella Appartments
  • Living Area: 9338
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 14.00
  • Equipment: Cable
  • Price Per S Q F T: 299.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 9

Utilities

  • Cooling: Wall Unit(s)
  • Electric Expense: 6458.00
  • Heating: Gravity
  • Water Expense: 6458.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 8036.00
  • Maintenance Expense: 8001.00
  • Other Expense: 4777.00
  • Trash Expense: 2729.00

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 8961

Rental Info

  • Total Actual Rent: 170688.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117, 2118
  • Gross Rent Multiplier: 16.40
  • Number Of Units: 14
  • Type Of Units: flats
  • Vacancy Allow Percent: 0.00

Tax Info

  • Tax Expense: 16888.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
Dec 21, 2017
Sold by
Bought by
Seller's Agent
George Tavitian
Re/Max Tri-City
Buyer's Agent
George Tavitian
Re/Max Tri-City
List Price
$2,799,000
Sold Price
$2,925,000
Premium/Discount to List
$126,000
4.5%

Purchase Details

Closed on
Oct 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,500
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,500
Interest Rate
6.37%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Koreatown, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,925,000 Fidelity National Title Comp
-- None Available
-- --
$1,020,000 Chicago
-- Chicago Title
-- Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,997,673
Previous Owner $563,500
Previous Owner $563,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/17/2018 01/17/18 Sold $2,925,000 +4.5% $313 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
11/04/2017 11/04/17 For Sale $2,799,000 -- $300 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $41,382 $3,328,145 $2,617,005 $711,140
2024 $40,880 $3,262,889 $2,565,692 $697,197
2023 $40,107 $3,198,912 $2,515,385 $683,527
2022 $38,283 $3,136,189 $2,466,064 $670,125
2021 $37,790 $3,074,696 $2,417,710 $656,986
2019 $36,683 $2,983,980 $2,346,000 $637,980
2018 $17,039 $1,298,822 $509,152 $789,670
2016 $16,199 $1,247,928 $489,382 $758,546
2015 $15,978 $1,229,184 $482,032 $747,152
2014 $16,116 $1,205,107 $472,590 $732,517
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-293978

The MLS
Your Personal Tour Guide

Ask me questions while you tour the home.