NOT LISTED FOR SALE
11 Beds
5 Baths
3,992 Sq Ft
5,246 Sq Ft Lot

Sale Details

Date Sold: May 13, 2021

Last sale price $885,000 $222 Per Sq Ft

28 Days on Market

Highlights

  • End Unit
  • Tile Flooring
  • Level Lot
  • No HOA
  • 4 Car Garage
  • Wall Furnace

About This Home

As of May 2021

Excellent opportunity to own a 4-plex in prime Los Angeles area. Live in one unit and rent the others or rent them all! Units are all kept in great condition by tenants and property owners and have all been remodeled with modern style laminate and tile floors, kitchen cabinets and counters and dual pane windows. All units are individually metered for gas and electricity and each unit has 2 assigned parking spaces: 1 enclosed garage and 1 uncovered space Units are nicely distributed into one large lower level unit featuring 5 bedrooms/2 baths and two - 2 bedroom/1 bath units above. The detached back building features a 2 bedroom 1 bath unit above the 4 individual garages.

Last Agent to Sell the Property

Lynette Najar

Bright Star Estates, Inc. License #01456750 Listed on: 03/10/2021

Last Buyer's Agent

Gustavo Arias

First Team Real Estate License #01889399

First Team Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 5,246 Sq Ft Lot
  • End Unit
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Combination Of Materials Used In The Driveway

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,992 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 295
  • Tax Tract Number 4741
  • Assessor Parcel Number 6061034006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Water Sewer Expense $2,430
  • Operating Expense $2,430
  • Gross Income $66,376
  • Net Operating Income $62,705

Property Details

Home Type

Multi-Family

Year Built

Built in 1940 | Remodeled

Lot Details

5,246 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 2430.00
  • Zoning: LAR4
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6061034006
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Laminate, Tile
  • Appliances: No
  • Levels: One, Two
  • Price Per Square Foot: 221.69

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5246.00
  • Lot Size Acres: 0.1204

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 66376.20
  • Gross Scheduled Income: 66376.00
  • Lot Size Area: 5246.0000 Square Feet
  • Net Operating Income: 62705.46
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3670.78
  • Rent Control: Yes
  • Total Actual Rent: 5667.65
  • Total Expenses: 2430.00

Tax Info

  • Tax Census Tract: 2412.02
  • Tax Lot: 295
  • Tax Tract Number: 4741

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 11, 2021
Sold by
Bought by
Seller's Agent
Lynette Najar
Bright Star Estates, Inc.
Buyer's Agent
Gustavo Arias
First Team Real Estate
List Price
$875,000
Sold Price
$885,000
Premium/Discount to List
$10,000
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 7, 2021
Sold by
Bought by
Seller's Agent
Lynette Najar
Bright Star Estates, Inc.
Buyer's Agent
Gustavo Arias
First Team Real Estate
List Price
$875,000
Sold Price
$885,000
Premium/Discount to List
$10,000
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 2, 2016
Closed on
Mar 16, 2016
Sold by
Bought by
Seller's Agent
Eliza Kerndian
Keller Williams Beverly Hills
Buyer's Agent
Alberto Preciado
Ambiance Realty
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$588,150
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,250
Interest Rate
8.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
7.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 1999
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 1996
Sold by
Bought by
Source: Public Records

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
$875,000 Fidelity National Title
-- Fidelity National Title
$599,000 Lawyers Title
-- Accommodation
$226,000 First American Title Company
$275,400 Landsafe Title
$595,000 Chicago Title Co
$600,000 Chicago Title
$450,000 Chicago Title Co
-- --
$250,000 Provident Title Company
$209,500 Provident Title Company
$163,671 Provident 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 $761,250
Closed $700,000
Previous Owner $588,150
Previous Owner $565,250
Previous Owner $180,000
Previous Owner $420,000
Previous Owner $360,000
Previous Owner $10,000
Previous Owner $19,000
Previous Owner $16,200
Previous Owner $200,000
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
05/13/2021 05/13/21 Sold $885,000 +1.1% $222 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $875,000 0.0% $219 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $875,000 +46.1% $219 / Sq Ft
04/19/2016 04/19/16 Sold $599,000 0.0% $150 / Sq Ft View Prior Sale
03/08/2016 03/08/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $599,000 -- $150 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $12,560 $947,126 $649,458 $297,668
2024 $12,382 $928,556 $636,724 $291,832
2023 $12,156 $910,350 $624,240 $286,110
2022 $11,627 $892,500 $612,000 $280,500
2021 $8,881 $655,091 $459,330 $195,761
2020 $8,959 $648,375 $454,621 $193,754
2019 $8,628 $635,662 $445,707 $189,955
2018 $8,498 $623,199 $436,968 $186,231
2016 $3,757 $235,090 $187,241 $47,849
2015 $3,700 $231,560 $184,429 $47,131
2014 $3,731 $227,025 $180,817 $46,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21050892

California Regional Multiple Listing Service (CRMLS)
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