NOT LISTED FOR SALE
12 Beds
12 Baths
8,384 Sq Ft
6,960 Sq Ft Lot

Last Sold January 06, 2017

Last sale price $1,375,000 $164 Per Sq Ft

28 Days on Market

About This Home

As of January 2017

This investment opportunity is a 7 unit multifamily with a unit mix of 5 two-bedrooms and 2 one-bedrooms, 100% occupancy, Perfect for 1031 Exchange, this is a great investment that is immediate income with upside potential.

Located in the Baldwin Hills area just minutes to 10 and 405 fwy and nearby Baldwin Hills Crenshaw Mall, restaurants, retails and new developments.

Last Agent to Sell the Property

Jacklyn Kuo

Mira Parc License #01338698 Listed on: 09/16/2016

Last Buyer's Agent

Jacklyn Kuo

Mira Parc License #01338698 Listed on: 09/16/2016

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1961

Lot Details

  • 6,960 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 6 Car Garage

Interior Spaces

  • 8,384 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 17454
  • Assessor Parcel Number 5027012010

Community Details

Overview

  • 28 Units

Building Details

  • 7 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $4,439
  • Gross Income $90,917
  • Net Operating Income $75,808

Property Details

Home Type

Apartment

Year Built

Built in 1961

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Price Per Unit: 212571
  • Property Attached: No
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5027012010
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 164.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 6960.00

Multi Family

  • Gross Income: 90917.00
  • Gross Scheduled Income: 92772.00
  • Insurance Expense: 4439.00
  • Net Operating Income: 75808.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 28
  • Operating Expense: 15108.00
  • Rent Control: Yes
  • Total Actual Rent: 7731.00

Tax Info

  • Tax Census Tract: 2364.00
  • Tax Lot: 10
  • Tax Tract Number: 17454

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 List to Sale Price per Sq Ft
01/06/2017 01/06/17 Sold $1,375,000 -7.6% $164 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $1,488,000 -- $177 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16703628

California Regional Multiple Listing Service (CRMLS)