NOT LISTED FOR SALE
16 Beds
8 Baths
4,664 Sq Ft
6,149 Sq Ft Lot

Last Sold May 23, 2019

Last sale price $1,270,000 $272 Per Sq Ft

130 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • 5-minute walk to 49th Street Park

About This Home

As of May 2019

Investment multi- family apartment building for sale. It is located right at prime South Central Los Angeles. A 2 story residential building that consists of 8 apartment units, 2 bedrooms, and 1 bathroom in each unit. Several units have been upgraded with hardwood floors and new kitchen. Separate gas and electric meters for each unit. Passed all LAHD inspections. 100% tenant occupied, long term tenants. Low and easy management.

Last Agent to Sell the Property

Jay Park

City Commercial Properties License #01204986 Listed on: 10/29/2018

Last Buyer's Agent

Richard Zigrang

NON-MEMBER/NBA or BTERM OFFICE License #01992790

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,149

Home Design

  • Asbestos Shingle Roof

Interior Spaces

  • 4,664 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,149 Sq Ft Lot
  • Sewer in Street

Community Details

  • 8 Units
  • Golden Properties Association

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5109-016-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 4664
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Range: 8
  • Flooring: Carpet, Laminate, Tile
  • Bedrooms: 16
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 289.45

Exterior Features

  • Tennis Court Y/N: No
  • Paved: No
  • Pool: No
  • Roof: Asbestos Shingle

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Water District: Los Angeles
  • Cooling: Ceiling Fan
  • Number Electric Meters: 8
  • Number Gas Meters: 8
  • Number Water Meters: 1
  • Security: Smoke Detector
  • Sewer: In Street
  • Water: In Street
  • Water Expense: 6500.00
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Golden Properties
  • Mgmt Co Phone: 323-985-6400
  • Professional Management: 4200.00

Fee Information

  • Insurance Expense: 3100.00
  • Maintenance Expense: 2000.00
  • Trash Expense: 3000.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Value: 551951
  • Assessed Land Value: 194804
  • Assessor Parcel Number: 5109-016-015
  • Geocode Override: No
  • Lot Location: Alley Access
  • Lot Size Area: 6149

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 100608.00
  • Number Of Units: 8
  • Total Annual Expense: 36590
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3

Tax Info

  • Private Transfer Taxes: No
  • Tax Expense: 16200.00

MLS Schools

  • School District: Los Angeles Unified

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $1,270,000 -5.9% $272 / Sq Ft
10/30/2018 10/30/18 Price Changed $1,350,000 +9900.0% $289 / Sq Ft
10/29/2018 10/29/18 For Sale $13,500 -- $3 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-402132

The MLS