NOT LISTED FOR SALE

4057 Halldale Ave Los Angeles, CA 90062

Vermont Square Neighborhood
-- Bed
-- Bath
3,836 Sq Ft
6,699 Sq Ft Lot

Last Sold April 13, 2012

Last sale price $450,000 $117 Per Sq Ft

101 Days on Market

Highlights

  • Contemporary Architecture
  • Carpet
  • Heating System Uses Natural Gas

About This Home

As of April 2012

This is a great 7 unit building that is a lender-owned property. It consists of 4-1 bedroom, 1 bath units, 2 singles with kitchens, and 1-2 bedroom, 2 bath. It has a great income. One 1-bedroom is vacant with a projected rent of $895.00 There is one Section 8 tenant, which is the 2 bedroom 2 bath unit. It has a huge lot with plenty of off-street parking. Submit your offers; although it is lender owned, it is not your typical bank-owned property and owners are receptive to any offers received. Please do not disturb tenants.

Last Agent to Sell the Property

Ruth Hayles

RAH Realty & Investments Inc. License #00842547 Listed on: 10/24/2011

Co-Listed By

Malcolm Bennett

International Realty License #00603039

Last Buyer's Agent

Erlinda Literatus

Tarbell Realtors, Ontario License #01191931

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,699 Sq Ft Lot

Parking

  • 10 Parking Spaces

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,836 Sq Ft Home
  • Carpet

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 150
  • Tax Tract Number 3344
  • Assessor Parcel Number 5021003013

Community Details

Overview

  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • Gardener Expense $660
  • Insurance Expense $3,000
  • Other Expense $1,200
  • Professional Management Expense $4,464
  • Trash Expense $1,120
  • Water Sewer Expense $5,844
  • New Taxes Expense $6,613
  • Gross Income $5,784
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.10
  • Professional Management Expense: 4464.00
  • View: No
  • Water Sewer Expenses: 5844.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 5021003013
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 117.31

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 1120.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6699.00
  • Lot Size Acres: 0.1540

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 5784.00
  • Gross Multiplier: 7.19
  • Gross Scheduled Income: 69408.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6699.0000 Square Feet
  • Net Operating Income: 50400.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Units Total: 7
  • Number With Carpet: 7
  • Operating Expense: 19008.00
  • Other Expense: 1200.00
  • Other Expense Description: 900 plum

Tax Info

  • New Taxes Expense: 6613.00
  • Tax Area: 212
  • Tax Lot: 150
  • Tax Tract Number: 3344

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 List to Sale Price per Sq Ft
04/13/2012 04/13/12 Sold $450,000 -14.9% $117 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
10/24/2011 10/24/11 For Sale $529,000 -- $138 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ruth Hayles

    RAH Realty & Investments Inc.

    Section Image

  • M

    Seller Co-Listing Agent in 2012

    Malcolm Bennett

    International Realty

  • E

    Buyer's Agent in 2012

    Erlinda Literatus

    Tarbell Realtors, Ontario

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1106671

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90062 Vermont Square

4057 Halldale Ave, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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