NOT LISTED FOR SALE

4060 Wall St Los Angeles, CA 90011

Historic South Central Neighborhood
5 Beds
3 Baths
4,992 Sq Ft
0.33 Acres

Last Sold May 22, 2017

Last sale price $1,184,000 $237 Per Sq Ft

69 Days on Market

About This Home

As of May 2017

8 units all single story. great rental location. above a six cap on actual numbers. very close proximity to USC. Separately metered for gas and electric.

Last Agent to Sell the Property

Thomas Watkins

Pacific Peak Investment RE License #01754440 Listed on: 01/17/2017

Last Buyer's Agent

Thomas Watkins

Pacific Peak Investment RE License #01754440 Listed on: 01/17/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 0.33 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 4,992 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 407
  • Tax Tract Number 2
  • Assessor Parcel Number 5113026007

Community Details

Overview

  • 6 Buildings
  • 8 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $1,997
  • Professional Management Expense $5,000
  • Trash Expense $2,000
  • Water Sewer Expense $4,300
  • New Taxes Expense $15,600
  • Operating Expense $37,623
  • Gross Income $105,648
  • Net Operating Income $64,856

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 5000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4300.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5113026007
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 237.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14249.00

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 105648.00
  • Gross Scheduled Income: 105648.00
  • Insurance Expense: 1997.00
  • Net Operating Income: 64856.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 37632.00
  • Rent Control: Yes
  • Total Expenses: 37623.00

Tax Info

  • New Taxes Expense: 15600.00
  • Tax Census Tract: 2284.20
  • Tax Lot: 407
  • Tax Tract Number: 2

Range of Values:

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List Price
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
05/22/2017 05/22/17 Sold $1,184,000 +0.8% $237 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $1,175,000 -- $235 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Thomas Watkins

    Pacific Peak Investment RE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17010322

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90011 Historic South Central

4060 Wall St, Los Angeles, CA

This home is located at 4060 Wall St, Los Angeles, CA 90011 since 17 January 2017. This property was built in 1913. 4060 Wall St is a home located in Los Angeles County with nearby schools including Ricardo Lizarraga Elementary School, William Jefferson Clinton Middle School, and Thomas Jefferson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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