NOT LISTED FOR SALE
7 Beds
5 Baths
4,601 Sq Ft
6,824 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $900,000 $196 Per Sq Ft

7 Days on Market

Highlights

  • Contemporary Architecture
  • North Facing Home
  • Carpet
  • Space Heater

About This Home

As of October 2020

NEW DEVELOPMENT OR REHAB - YOU DECIDE. Family-owned for over 30-years. This 5-unit building situated on a corner lot, adjacent to an alley, is located in prime Baldwin Hills. Featuring a desirable mix of one and two-bedroom units. Four units are occupied. The Owners unit (2 BD, 1.5 BA) will be delivered vacant and has suffered fire damage that originated in the full bathroom. The property falls within the City of Los Angeles' mandatory soft story retrofit order. Don't miss this rare, value-add opportunity, moments from the Baldwin Hills Crenshaw Plaza, and the future Metro Crenshaw/LAX Line. Drive-by only. Do not disturb tenants. Interior showings subject to an accepted offer. Offers due, Monday, 9/21 by 5:00 pm. Trust will review all offers, Tuesday, 9/22.

Last Agent to Sell the Property

Christine Taylor

Compass License #00988441 Listed on: 09/18/2020

Compass

Co-Listed By

Bryan Ozamoto

Silton Properties License #01954930

Last Buyer's Agent

Bryan Ozamoto

Silton Properties License #01954930

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,824 Sq Ft Lot
  • Lot Dimensions are 66x109
  • North Facing Home

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Composition Roof

Interior Spaces

  • 4,601 Sq Ft Home
  • 2-Story Property

Flooring

  • Parquet
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Space Heater
  • Heating System Mounted To A Wall or Window
  • Shared Water Source

Community Details

  • 5 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 5032-020-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 4601
  • Lot Acreage: 0.1567
  • Lot Dimensions: 66x109
  • Price Per Unit: 159800.00
  • Probate: No
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed, Carpet, Parquet, Linoleum
  • Bedrooms: 7
  • Common Walls: Attached
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 173.77

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Assigned, Covered Parking

Utilities

  • Heating: Space Heater, Wall Gas
  • Sewer: In Connected and Paid
  • Water: Mutual Water Source
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Owner

Lot Info

  • Assessed Improvement Percent: 68.23
  • Assessed Improvement Value: 192788
  • Assessed Land Percent: 31.77
  • Assessed Land Value: 89778
  • Total Assessed Value: 282566
  • Assessor Parcel Number: 5032-020-008
  • Lot Size Area: 6824

Rental Info

  • Total Actual Rent: 38316.00
  • Land Lease Type: Fee
  • Lease Per Month Year: Month
  • Rent Control: Yes
  • Tenant Pays: Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.30
  • Number Of Units: 5
  • Total Annual Expense: 0
  • Type Of Units: 5
  • Vacancy Rate: 0

Range of Values:

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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 Change Sq Ft Price
10/15/2020 10/15/20 Sold $900,000 0.0% $196 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/24/2020 09/24/20 Off Market $900,000 -- --
09/18/2020 09/18/20 For Sale $799,500 -- $174 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-633426

The MLS