NOT LISTED FOR SALE

Estimated Value: $995,889 - $1,173,000

8 Beds
4 Baths
3,328 Sq Ft
$318/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2020

Last sale price $805,000 $242 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,509 / mo

11 Days on Market

Highlights

  • Two Primary Bedrooms
  • Mediterranean Architecture
  • Balcony
  • City Lights View
  • Breakfast Room
  • Porch

About This Home

As of July 2020

Welcome First Time Home Buyers or Investors Take Advantage Of This Cash Flow Opportunity.This Featured Property Is A 4 Unit 2 Bedroom 1 Bath 2 Story Building With Updated Kitchen, Living Room & Bedrooms. Building Features a Facility Laundry Room With Washer & Dryer Dually Generating Monthly Additional Income. Secured 4 Car Parking Carport Area. This Property Requires Low Maintenance & Operates on It's Own. NO Manager Needed.

Last Agent to Sell the Property

Mallorie Brown

Real Broker License #01488346 Listed on: 06/07/2020

Real Broker

Last Buyer's Agent

Ramsey Karame

NextGen Realty Group License #01812848

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • East Facing Home

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Tar and Gravel Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vertical Blinds
  • Breakfast Room
  • City Lights Views

Kitchen

  • Gas Oven
  • Ceramic Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Double Master Bedroom
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer

Home Security

  • Window Bars
  • Intercom
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 4 Parking Spaces
  • 4 Attached Carport Spaces
  • Automatic Gate

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for air cond/heat maint, cable TV, electricity, gas, insurance, move in fee
  • The owner pays for water, gas
  • Assessor Parcel Number 6063-030-023

Community Details

Overview

  • Association fees include trash, water
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1962 | Remodeled

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Mediterranean
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: No
  • Complex Name: none
  • Entry Floor: 1
  • Entry Location: Other
  • Living Area: 3328
  • Lot Acreage: 0.1148
  • Price Per Unit: 1850.00
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drywall Walls
  • Number Carpet: 1
  • Number Dishwasher: 0
  • Number Disposal: 4
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Electric, Oven-Gas
  • Bedrooms: 8
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Kitchen Features: Ceramic Counters
  • Laundry: Laundry Area, Outside
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Cable, Garbage Disposal, Gas Or Electric Dryer Hookup, Intercom, Washer
  • Price Per S Q F T: 237.08
  • Windows: Vertical Blinds, Window Blinds, Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Construction: Concrete
  • Other Features: Balcony
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Number Patio: 1
  • Patio: Porch
  • Paved: No
  • Pool: No
  • Roof: Tar and Gravel
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Carport Spaces: 4
  • Number Rented Garages: 0
  • Parking Garage: Carport, Carport Attached
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV, TV Antennae
  • Water District: LADWP
  • Water Heater: Gas, Central Water Heater
  • Heating: Wall Gas
  • Number Electric Meters: 1
  • Number Gas Meters: 4
  • Number Water Meters: 4
  • Security: Fire and Smoke Detection System, Smoke Detector, Window Bars, Automatic Gate
  • Sewer: Unknown
  • Water: Water District
  • Water Heaters: Yes

Condo/Co-op/Association

  • Association Fees Include: Trash, Water

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 32.21
  • Assessed Improvement Value: 235493
  • Assessed Land Percent: 67.79
  • Assessed Land Value: 495724
  • Total Assessed Value: 731217
  • Assessor Parcel Number: 6063-030-023
  • Geocode Override: No
  • Lot Description: 2-4 Lots
  • Lot Size Area: 5000

Rental Info

  • Number Leased: 0
  • Owner Pays: Water, Gas
  • Rent Control: Yes
  • Tenant Pays: Air Cond/Heat Maint, Cable TV, Electricity, Gas, Insurance, Move In Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Number Wall A C: 0
  • Type Of Units: 4

Tax Info

  • Private Transfer Taxes: No
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
Grs Property Management Llc
Bought by
325 Los Angeles Llc
Current Estimated Value
$1,058,222

Purchase Details

Listed on
Jun 7, 2020
Closed on
Aug 10, 2020
Sold by
Karame Ramsey D
Bought by
Grs Property Management Llc
Seller's Agent
Mallorie Brown
Real Broker
Buyer's Agent
Ramsey Karame
NextGen Realty Group
List Price
$789,000
Sold Price
$805,000
Premium/Discount to List
$16,000
2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$591,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2020
Closed on
Jun 24, 2020
Sold by
Bledsoe Ricky
Bought by
Karame Ramsey D
Seller's Agent
Mallorie Brown
Real Broker
Buyer's Agent
Ramsey Karame
NextGen Realty Group
List Price
$789,000
Sold Price
$805,000
Premium/Discount to List
$16,000
2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2005
Sold by
Cain Ida M
Bought by
Estate Of Ortis Dixon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,900
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2005
Sold by
Estate Of Ortis Dixon
Bought by
Bledsoe Ricky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,900
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Dixon Ortis D
Bought by
Cain Ida M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
325 Los Angeles Llc -- --
Grs Property Management Llc -- Accommodation
Karame Ramsey D $805,000 First American Title Company
Estate Of Ortis Dixon -- --
Bledsoe Ricky $621,000 --
Cain Ida M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karame Ramsey D $591,000
Previous Owner Bledsoe Ricky $558,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $805,000 +2.0% $242 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $789,000 -- $237 / 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 $11,240 $871,355 $487,093 $384,262
2024 $11,240 $854,271 $477,543 $376,728
2023 $11,030 $837,522 $468,180 $369,342
2022 $10,539 $821,100 $459,000 $362,100
2021 $10,397 $805,000 $450,000 $355,000
2020 $10,245 $776,251 $526,065 $250,186
2019 $9,854 $761,036 $515,750 $245,286
2018 $9,746 $746,120 $505,638 $240,482
2016 $9,292 $716,880 $486,004 $230,876
2015 $9,153 $706,113 $478,704 $227,409
2014 $9,190 $692,282 $469,327 $222,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-587764

The MLS

APN: 6063-030-023

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