A
Seller's Agent in 2024
Andrew Daggett
The Associates Realty Group
(714) 395-6656
1 in this area
11 Total Sales
427 E 112th St Los Angeles, CA 90061
Green Meadows NeighborhoodEstimated Value: $928,000 - $1,422,000
7
Beds
5
Baths
3,084
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- Laundry Room
- Front Yard
- 1-Story Property
About This Home
As of November 2024100% VACANT…RARE OPPORTUNITY! Welcome to this exceptional investment opportunity in the heart of Los Angeles! This property features a total of four units, offering a mix of spacious living arrangements perfect for both tenants and landlords.
The front unit is a beautifully remodeled 3-bedroom home, offering modern amenities and a comfortable layout. The addition of three brand-new units provides flexibility for potential renters, including a 2-bedroom unit and two 1-bedroom units, all thoughtfully designed for maximum comfort and convenience.
Situated on a single-story layout, each unit offers easy access and a sense of privacy. The property is in great condition, ensuring a hassle-free experience for both tenants and owners. Live in one unit and rent out the others for added income, or maximize rental potential with Section 8 housing.
Don't miss out on this rare chance to own a turnkey investment property in a prime location. Schedule your showing today and explore the endless possibilities this property has to offer!
Last Agent to Sell the Property
The Associates Realty Group Brokerage Phone: 937-206-0725 License #01907058 Listed on: 02/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,954
Year Built
- Built in 1925
Lot Details
- 6,838 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,084 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tax Lot 273
- Tax Tract Number 4449
- Assessor Parcel Number 6073021033
- $996 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $31,050
- Gross Income $124,200
- Net Operating Income $93,150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2024
Closed on
Nov 25, 2024
Sold by
Ap Investments Llc
Bought by
Bailey Shanelle and Bailey Brian
Seller's Agent
Andrew Daggett
The Associates Realty Group
Buyer's Agent
Frederick Miller
Trends RE Inc.
List Price
$1,299,900
Sold Price
$1,279,000
Premium/Discount to List
-$20,900
-1.61%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,051
Avg. Annual Appreciation
-9.31%
Original Mortgage
$1,279,000
Outstanding Balance
$1,269,464
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
-$85,536
Purchase Details
Closed on
Aug 3, 2022
Sold by
Lockhart Angela R
Bought by
Ap Investments Llc
Purchase Details
Closed on
Jan 20, 2017
Sold by
Lockhart Angela R
Bought by
Lockhart Angela R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2006
Sold by
Mason Jesse R
Bought by
Hall Esse L and Loclhart Angela R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bailey Shanelle | $1,279,000 | Fidelity National Title | |
| Bailey Shanelle | $1,279,000 | Fidelity National Title | |
| Ap Investments Llc | $341,500 | First American Title Company O | |
| Lockhart Angela R | -- | None Available | |
| Hall Esse L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bailey Shanelle | $1,279,000 | |
| Closed | Bailey Shanelle | $1,279,000 | |
| Previous Owner | Lockhart Angela R | $254,375 | |
| Previous Owner | Lockhart Angela R | $135,000 | |
| Previous Owner | Lockhart Angela R | $37,500 | |
| Previous Owner | Hall Essie L | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $1,279,000 | -0.8% | $415 / Sq Ft |
| 09/26/2024 09/26/24 | Pending | -- | -- | -- |
| 08/30/2024 08/30/24 | Price Changed | $1,289,900 | -0.8% | $418 / Sq Ft |
| 07/30/2024 07/30/24 | Price Changed | $1,299,900 | 0.0% | $421 / Sq Ft |
| 07/30/2024 07/30/24 | For Sale | $1,299,900 | +1.6% | $421 / Sq Ft |
| 06/25/2024 06/25/24 | Off Market | $1,279,000 | -- | -- |
| 06/07/2024 06/07/24 | Price Changed | $1,349,900 | -3.6% | $438 / Sq Ft |
| 05/22/2024 05/22/24 | For Sale | $1,399,900 | 0.0% | $454 / Sq Ft |
| 03/22/2024 03/22/24 | Pending | -- | -- | -- |
| 02/02/2024 02/02/24 | For Sale | $1,399,900 | -- | $454 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,954 | $1,279,000 | $700,000 | $579,000 |
| 2024 | $6,954 | $495,720 | $403,920 | $91,800 |
| 2023 | $6,825 | $486,000 | $396,000 | $90,000 |
| 2022 | $931 | $46,474 | $26,653 | $19,821 |
| 2021 | $914 | $45,564 | $26,131 | $19,433 |
| 2019 | $890 | $44,214 | $25,357 | $18,857 |
| 2018 | $812 | $43,348 | $24,860 | $18,488 |
| 2017 | $6,921 | $42,499 | $24,373 | $18,126 |
| 2016 | $764 | $41,667 | $23,896 | $17,771 |
| 2015 | $751 | $41,043 | $23,538 | $17,505 |
| 2014 | $757 | $40,240 | $23,077 | $17,163 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Daggett
-
Frederick Miller
F
Buyer's Agent in 2024
Frederick Miller
Trends RE Inc.
(562) 513-7800
1 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24024349
APN: 6073-021-033
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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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