NOT LISTED FOR SALE
8 Beds
8 Baths
5,134 Sq Ft
6,098 Sq Ft Lot

Last Sold October 21, 2016

Last sale price $1,070,000 $208 Per Sq Ft

33 Days on Market

About This Home

As of October 2016

CBC Advisors is proud to present this 5,134-square foot, eight-unit apartment located at 4089 Leimert Boulevard in Los Angeles, California. The asset is located in the desirable Leimert Park pocket of Los Angeles. Situated on a 6,182-square foot lot, the offering boasts an outstanding unit mix of two two-bedroom/one-bathroom units, four one-bedroom/one-bathroom units and two bachelor/one-bathroom units. There are eight individual parking spaces and the building is individually metered for gas and electricity.

Last Agent to Sell the Property

Will James

Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 08/31/2016

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Thomas Jonsson

James Capital Advisors, Inc. License #01755842

Last Buyer's Agent

Thomas Jonsson

James Capital Advisors, Inc. License #01755842

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,186 Sq Ft Lot

Parking

  • 8 Car Garage

Interior Spaces

  • 5,134 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Community Details

  • 8 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5023-003-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

6,186 Sq Ft Lot

Parking

8

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5134
  • Price Per Unit: 151500.00
  • Stories: 2
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 236.07

Exterior Features

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

Garage/Parking

  • Garage Spaces: 8
  • Parking Garage: Private Garage
  • Total Parking: 8

Utilities

  • Number Electric Meters: 8
  • Number Gas Meters: 8
  • Water Expense: 4380.00

Fee Information

  • Insurance Expense: 2310.00
  • Maintenance Expense: 5201.00
  • Management Expense: 4334.00
  • Other Expense: 2600.00

Lot Info

  • Assessed Improvement Value: 229844
  • Assessed Land Value: 108155
  • Assessor Parcel Number: 5023-003-019
  • Geocode Override: No
  • Lot Size Area: 6186

Rental Info

  • Total Actual Rent: 91249.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.28
  • Number Of Units: 8
  • Type Of Units: 0BR,1BR,2BR
  • Vacancy Allow Percent: 5.00

Tax Info

  • Tax Expense: 15150.00
  • Tax Percent: 1.25
  • Tax Rate: 15150.00
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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
10/21/2016 10/21/16 Sold $1,070,000 -11.7% $208 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $1,212,000 0.0% $236 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $1,212,000 -- $236 / Sq Ft
Source: The MLS

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 $15,075 $1,185,791 $780,861 $404,930
2024 $15,075 $1,162,541 $765,550 $396,991
2023 $14,802 $1,139,747 $750,540 $389,207
2022 $14,150 $1,117,400 $735,824 $381,576
2021 $13,959 $1,095,492 $721,397 $374,095
2020 $5,548 $371,436 $118,854 $252,582
2019 $5,368 $364,154 $116,524 $247,630
2018 $5,281 $357,015 $114,240 $242,775
2016 $4,979 $343,153 $109,804 $233,349
2015 $4,918 $337,999 $108,155 $229,844
2014 $4,988 $331,379 $106,037 $225,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-158584

The MLS
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