NOT LISTED FOR SALE
14 Beds
15 Baths
7,191 Sq Ft
7,500 Sq Ft Lot

Sale Details

Date Sold: August 30, 2019

Last sale price $2,600,000 $362 Per Sq Ft

159 Days on Market

Highlights

  • Laundry Room
  • Attached Carport
  • 4-minute walk to Woodbine Park
  • Palms Middle School Rated A-

About This Home

As of August 2019

Prime location in Palms, National Blvd. & Mentone. Near restaurants, shopping center on National, close to 10 FWY. Excellent investment opportunity. Nine units, with great curb appeal. Laundry room on site and gated security entry. Large upside potential on rent. All large units. Units will be shown on accepted offer only. Seismic Retrofit plans are submitted to LA County, pending approval.

Last Agent to Sell the Property

Seyed Miri

Beverlywood Estates License #01823564 Listed on: 01/11/2019

Beverlywood Estates

Last Buyer's Agent

Jonathan Sedaghat

Jonathan Sedaghat License #01500320

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 7,500 Sq Ft Lot

Interior Spaces

  • 7,191 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 15 Bathrooms

Parking

  • 10 Parking Spaces
  • Attached Carport

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 9 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4314-022-035

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7191
  • Probate: No
  • Stories: 2
  • Year Built: 1966
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 14
  • Laundry: Community, Room
  • Total Bathrooms: 15.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 437.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 10

Utilities

  • Heating: Wall
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 580191
  • Assessed Land Value: 312404
  • Assessor Parcel Number: 4314-022-035
  • Geocode Override: No
  • Lot Size Area: 7500

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 19.29
  • Number Of Units: 9
  • Rent Control: Yes
  • Type Of Units: Multi

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

Closed on
Jun 27, 2019
Sold by
Lin James Kuo Pen and Lin Ellen Tai
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
$1,820,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2011
Sold by
Lin James Kuo Pen
Bought by
The James & Ellen Lin Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,600,000 Ticor Title
The James & Ellen Lin Trust -- None Available
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 $2,713,500
Previous Owner Epar Properties Llc $1,820,000
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
08/30/2019 08/30/19 Sold $2,600,000 -17.4% $362 / Sq Ft
01/11/2019 01/11/19 For Sale $3,149,000 -- $438 / 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
2026 $35,134 $2,900,345 $2,091,596 $808,749
2025 $35,134 $2,843,477 $2,050,585 $792,892
2024 $34,701 $2,787,724 $2,010,378 $777,346
2023 $34,041 $2,733,063 $1,970,959 $762,104
2022 $32,483 $2,679,474 $1,932,313 $747,161
2021 $32,068 $2,626,936 $1,894,425 $732,511
2019 $12,105 $928,654 $325,025 $603,629
2018 $11,972 $910,446 $318,652 $591,794
2016 $11,359 $875,094 $306,279 $568,815
2015 $11,204 $861,950 $301,679 $560,271
2014 $11,297 $845,067 $295,770 $549,297
Source: Public Records

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Map

Source: The MLS

MLS Number: 19-422820

The MLS
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