NOT LISTED FOR SALE
12 Beds
6 Baths
5,616 Sq Ft
8,605 Sq Ft Lot

Sale Details

Date Sold: July 11, 2016

Last sale price $1,800,000 $321 Per Sq Ft

18 Days on Market

Highlights

  • Wood Flooring
  • 6 Detached Carport Spaces
  • Laundry Facilities
  • Living Room

About This Home

As of July 2016

***SELLER IS NO LONGER ACCEPTING ANY MORE OFFERS***
Great Location! Walking distance to Glenoaks & Brand! 6 units, all 2Bed/1Bath, all but one unit have been updated. Buyers to agree to a 1031 exchange with no cost to buyer. Property to be sold in "as is" present condition.

Last Agent to Sell the Property

Baron Schmidt

Ramsey-Shilling Assoc. License #00768896 Listed on: 06/08/2016

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,605 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached

Interior Spaces

  • 5,616 Sq Ft Home
  • Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 12 Parking Spaces
  • 6 Detached Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 986
  • Assessor Parcel Number 5644016024

Community Details

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Gardener Expense $960
  • Insurance Expense $1,000
  • Trash Expense $1,000
  • Water Sewer Expense $8,400
  • New Taxes Expense $16,000
  • Gross Income $7,373
  • Net Operating Income $61,112

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

8,605 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 8400.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5644016024
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Price Per Square Foot: 320.51
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8605.00
  • Price Per Lot Square Foot: 209.18

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 7373.00
  • Gross Scheduled Income: 88476.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 61112.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 27360.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Lot: 9
  • Tax Tract Number: 986

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 3, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2016
Sold by
Bought by

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 7, 2016
Sold by
Bought by
Seller's Agent
Baron Schmidt
Ramsey-Shilling Assoc.
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$1,690,000
Sold Price
$1,800,000
Premium/Discount to List
$110,000
6.51%

Purchase Details

Closed on
May 12, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Accommodation
$2,625,000 Lawyers Title Company
-- None Available
$1,800,000 Old Republic Title
-- --
-- --
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
07/11/2016 07/11/16 Sold $1,800,000 +6.5% $321 / Sq Ft
06/26/2016 06/26/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $1,690,000 -- $301 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $36,024 $3,247,294 $1,298,917 $1,948,377
2024 $35,627 $3,183,623 $1,273,449 $1,910,174
2023 $34,822 $3,121,200 $1,248,480 $1,872,720
2022 $34,229 $3,060,000 $1,224,000 $1,836,000
2021 $31,031 $2,759,343 $1,103,737 $1,655,606
2020 $30,594 $2,734,950 $1,092,420 $1,642,530
2019 $29,856 $2,681,400 $1,071,000 $1,610,400
2018 $29,364 $2,628,900 $1,050,000 $1,578,900
2016 $4,410 $341,895 $90,146 $251,749
2015 $4,333 $336,760 $88,792 $247,968
2014 $4,341 $330,164 $87,053 $243,111
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16123546

California Regional Multiple Listing Service (CRMLS)
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