NOT LISTED FOR SALE

425 Cottage Home St Los Angeles, CA 90012

18 Beds
11 Baths
8,341 Sq Ft
9,599 Sq Ft Lot

Last Sold February 19, 2020

Last sale price $2,600,000 $312 Per Sq Ft

49 Days on Market

Highlights

  • No HOA
  • Solano Avenue Elementary Rated 9+
  • Laundry Room

About This Home

As of February 2020

Rare opportunity to own this well maintained Apartments in Chinatown area. Two separate buildings. Retrofit has already been completed. Larger 3 bedroom unit can be used as owner's unit. Do NOT walk on property, and do NOT disturb tenants.

Last Agent to Sell the Property

Judy Chow

IRN REALTY License #01022442 Listed on: 11/29/2019

IRN REALTY

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,599 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 8,341 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 11 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 18023
  • Assessor Parcel Number 5414018023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $6,459
  • Other Expense $8,500
  • Professional Management Expense $5,532
  • Supplies Expense $1,100
  • Trash Expense $5,875
  • Water Sewer Expense $7,779
  • New Taxes Expense $6,445
  • Operating Expense $42,300
  • Gross Income $143,772
  • Net Operating Income $101,472

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 5532.00
  • Property Attached: Yes
  • Supplies Expense: 1100.00
  • Water Sewer Expenses: 7779.00
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5414018023
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 311.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included
  • Sewer: Public Sewer
  • Trash Expense: 5875.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 9599.00
  • Lot Size Acres: 0.2204

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 680 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1922 Square Feet
  • Gross Income: 143772.00
  • Gross Scheduled Income: 143772.00
  • Insurance Expense: 6459.00
  • Lot Size Area: 9599.0000 Square Feet
  • Net Operating Income: 101472.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 42300.00
  • Other Expense: 8500.00
  • Other Expense Description: Services
  • Rent Control: Yes
  • Total Actual Rent: 11981.00
  • Total Expenses: 42300.00

Tax Info

  • New Taxes Expense: 6445.00
  • Tax Census Tract: 2060.10
  • Tax Lot: 6
  • Tax Tract Number: 018023

Range of Values:

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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
02/19/2020 02/19/20 Sold $2,600,000 -12.8% $312 / Sq Ft
11/29/2019 11/29/19 For Sale $2,980,000 -- $357 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Judy Chow

    Seller's Agent in 2020

    Judy Chow

    IRN REALTY

    (213) 200-8888

    8 Total Sales

    Judy Chow
    Section Image

  • N

    Buyer's Agent in 2020

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,733 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19286368

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90012

425 Cottage Home St, Los Angeles, CA

This home is located at 425 Cottage Home St, Los Angeles, CA 90012 since 29 November 2019. This property was built in 1965. 425 Cottage Home St is a home located in Los Angeles County with nearby schools including Solano Avenue Elementary, Florence Nightingale Middle, and Ramón C. Cortines School of Visual and Performing Arts.

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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