340 W 62nd St Los Angeles, CA 90003
Florence NeighborhoodEstimated payment $7,734/month
Highlights
- All Bedrooms Downstairs
- Bungalow
- Closed Circuit Camera
- No HOA
- Accessible Parking
- Atrium Doors
About This Home
Corner property has two address: House = 340 w. 62nd St & 4 units = 6210 Grand Ave. All units are 2 bedrooms & 1 bath.
House & 2 units had been upgraded. Property is very private secured gate & fences with lock access.
Property is well-maintained. Property has camera system in common area and parking areas.
Property has many lights and well led at night. Total 10 parking space, 4 parking spaces in the front & 6 parking in the back.
Each unit has 2 parking spaces.
Listing Agent
Elite Homes Realty Brokerage Phone: 562-688-2505 License #01034072 Listed on: 04/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,697
Year Built
- Built in 1915
Lot Details
- 8,155 Sq Ft Lot
- 1 Common Wall
- West Facing Home
- Chain Link Fence
- Density is 2-5 Units/Acre
Parking
- 10 Car Garage
- Parking Available
- Automatic Gate
- Assigned Parking
Home Design
- Bungalow
- Apartment
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Raised Foundation
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,112 Sq Ft Home
- 2-Story Property
- Blinds
- Atrium Doors
- Vinyl Flooring
Bedrooms and Bathrooms
- 10 Bedrooms
- All Bedrooms Down
- 5 Bathrooms
Home Security
- Window Bars
- Security Lights
- Closed Circuit Camera
- Fire and Smoke Detector
Utilities
- Wall Furnace
- Natural Gas Connected
Additional Features
- Accessible Parking
- Exterior Lighting
Listing and Financial Details
- Tax Lot 40
- Tax Tract Number 4
- Assessor Parcel Number 6005003044
- $1,042 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,779
- Trash Expense $3,193
- Water Sewer Expense $3,358
- New Taxes Expense $14,375
- Operating Expense $25,005
- Net Operating Income $70,503
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,697 | $905,148 | $520,200 | $384,948 |
| 2024 | $11,697 | $887,400 | $510,000 | $377,400 |
| 2023 | $11,486 | $870,000 | $500,000 | $370,000 |
| 2022 | $6,670 | $482,904 | $241,452 | $241,452 |
| 2021 | $6,575 | $473,436 | $236,718 | $236,718 |
| 2020 | $6,629 | $468,582 | $234,291 | $234,291 |
| 2019 | $6,400 | $459,396 | $229,698 | $229,698 |
| 2018 | $6,271 | $450,390 | $225,195 | $225,195 |
| 2016 | $5,933 | $432,902 | $216,451 | $216,451 |
| 2015 | $5,856 | $426,400 | $213,200 | $213,200 |
| 2014 | $5,899 | $418,048 | $209,024 | $209,024 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | For Sale | $1,250,000 | 0.0% | $304 / Sq Ft |
| 10/31/2022 10/31/22 | Rented | $2,295 | +2.0% | -- |
| 09/29/2022 09/29/22 | Under Contract | -- | -- | -- |
| 08/04/2022 08/04/22 | For Rent | $2,250 | 0.0% | -- |
| 07/29/2022 07/29/22 | Sold | $870,000 | -3.3% | $212 / Sq Ft |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $900,000 | +3.4% | $219 / Sq Ft |
| 06/02/2022 06/02/22 | Off Market | $870,000 | -- | -- |
| 05/31/2022 05/31/22 | For Sale | $900,000 | -- | $219 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $870,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $540,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25087686
APN: 6005-003-044
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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