NOT LISTED FOR SALE
10 Beds
5 Baths
4,114 Sq Ft
5,261 Sq Ft Lot

Last Sold March 07, 2017

Last sale price $580,000 $141 Per Sq Ft

138 Days on Market

About This Home

As of March 2017

5 UNIT COMPLEX WITH EASY ACCESS TO FREEWAY AND VERY CLOSE TO DOWNTOWN LA. ALL UNITS ARE RENTED AND ALL UNITS ARE 2 BEDROOM 1 BATH.

4 UNITS IN THE FRONT OF THE COMPLEX AND 1 DETACHED UNIT IN THE BACK OF THE COMPLEX. PLEASE CALL AGENT DIRECT FOR ANY QUESTIONS. BUYER NOT PERFORMING, SUBJECT TO CANCELLATION OF CURRENT ESCROW. PLEASE SEE REMARKS.

Last Agent to Sell the Property

Anthony De La Vara Jr.

Keller Williams OC Coastal License #01043900 Listed on: 09/22/2016

Last Buyer's Agent

Eliza Kerndian

Keller Williams Beverly Hills License #01398836

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 5,261 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 4,114 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • Off-Street Parking

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 2041
  • Assessor Parcel Number 5186006030

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $8,500
  • Net Operating Income $49,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LAC2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5186006030
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 140.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5261.00

Multi Family

  • Average2 Bed Area: 725 Square Feet
  • Gross Scheduled Income: 54000.00
  • Net Operating Income: 49000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 12000.00
  • Rent Control: Yes
  • Total Actual Rent: 4500.00
  • Total Expenses: 8500.00

Tax Info

  • Tax Area: 4
  • Tax Census Tract: 2041.20
  • Tax Lot: 65
  • Tax Tract Number: 2041

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2017 03/07/17 Sold $580,000 -3.3% $141 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/25/2017 01/25/17 Price Changed $599,999 +0.2% $146 / Sq Ft
11/16/2016 11/16/16 Price Changed $599,000 -7.8% $146 / Sq Ft
10/31/2016 10/31/16 For Sale $650,000 0.0% $158 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/30/2016 09/30/16 Price Changed $650,000 +8.3% $158 / Sq Ft
09/21/2016 09/21/16 For Sale $599,999 -- $146 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,858 $673,131 $353,161 $319,970
2024 $8,858 $659,934 $346,237 $313,697
2023 $8,701 $646,996 $339,449 $307,547
2022 $8,325 $634,311 $332,794 $301,517
2021 $8,209 $621,874 $326,269 $295,605
2020 $8,282 $615,498 $322,924 $292,574
2019 $7,982 $603,431 $316,593 $286,838
2018 $7,883 $591,600 $310,386 $281,214
2016 $7,094 $536,790 $265,509 $271,281
2015 $6,999 $528,728 $261,521 $267,207
2014 $7,050 $518,372 $256,399 $261,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16709212

California Regional Multiple Listing Service (CRMLS)