NOT LISTED FOR SALE
12 Beds
12 Baths
6,113 Sq Ft
7,021 Sq Ft Lot

Sale Details

Date Sold: September 3, 2015

Last sale price $1,020,000 $167 Per Sq Ft

43 Days on Market

About This Home

As of September 2015

We are pleased to offer this twelve (12) unit multifamily investment offering, located in the City of Los Angeles and subject to rent control ordinance. The subject property was constructed of wood frame and stucco in 1957, and consist of approximately 6,113 rentable square feet. The unit mix consists of ten (10) spacious Singles & two (2) 1+1 units. Recent property improvements include, new PEX plumbing and new exterior paint. Building amenities include, on-site gated parking and a common area laundry room (leased equipment) for additional income.

Last Agent to Sell the Property

Ian Hollinger

BRC Advisors- BH License #01889125 Listed on: 04/29/2015

BRC Advisors- BH

Last Buyer's Agent

Ian Hollinger

BRC Advisors- BH License #01889125 Listed on: 04/29/2015

BRC Advisors- BH
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,021

Interior Spaces

  • 6,113 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport
  • On-Street Parking

Additional Features

  • 7,021 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5032-008-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

7,021 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6113
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 179.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport, On street
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5032-008-001
  • Geocode Override: No
  • Lot Size Area: 7021

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 10.22
  • Number Of Units: 12
  • Type Of Units: Income

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
-- Stewart Title Of California In
Nicolet Court Apartments Llc $1,020,000 Ticor Title Co
3930 Hillcrest Management Llc -- Fidelity National Title
Natal Management Llc $790,000 Pacific Coast Title Company
Ramirez Ignacio $780,000 Old Republic Title Company
Ramirez Ignacio -- Old Republic Title Company
D & H Investments Llc $480,000 --
L B Capital Foresight Lp $425,000 Stewart Title
Jrj Management Inc $110,000 --
Iberia Investments Inc $576,900 North American Title Co
Proano Ana B -- American Title
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 $912,000
Previous Owner Nicolet Court Apartments Llc $750,000
Previous Owner Nicolet Court Apartments Llc $714,000
Previous Owner 3930 Hillcrest Management Llc $200,000
Previous Owner 3930 Hillcrest Management Llc $622,500
Previous Owner Natal Management Llc $553,000
Previous Owner Ramirez Ignacio $415,000
Previous Owner Ramirez Ignacio $410,000
Previous Owner D & H Investments Llc $371,250
Previous Owner D & H Investments Llc $360,000
Previous Owner Jrj Management Inc $81,796
Previous Owner Proano Ana B $1,695,000
Previous Owner Proano Ana B $60,000
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 Prior Sale
09/03/2015 09/03/15 Sold $1,020,000 -7.3% $167 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $1,100,000 +37.5% $180 / Sq Ft
03/07/2014 03/07/14 Sold $800,000 -5.8% $131 / Sq Ft View Prior Sale
02/27/2014 02/27/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $849,000 -- $139 / 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 $15,671 $1,231,613 $738,968 $492,645
2025 $15,671 $1,207,465 $724,479 $482,986
2024 $15,439 $1,183,790 $710,274 $473,516
2023 $15,161 $1,160,580 $696,348 $464,232
2022 $14,495 $1,137,825 $682,695 $455,130
2021 $14,295 $1,115,515 $669,309 $446,206
2019 $13,890 $1,085,670 $649,458 $436,212
2018 $13,795 $1,064,447 $636,724 $427,723
2016 $13,123 $1,020,000 $612,000 $408,000
2015 $13,367 $1,040,378 $622,187 $418,191
2014 $11,653 $869,532 $668,873 $200,659
Source: Public Records

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Map

Source: The MLS

MLS Number: 15-900791

The MLS
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