S
Seller's Agent in 2014
Sunil Mehta
Laurus Realty
4632 W Washington Blvd Los Angeles, CA 90016
Mid-City NeighborhoodEstimated Value: $1,668,149
10
Beds
10
Baths
8,236
Sq Ft
$203/Sq Ft
Est. Value
About This Home
As of January 2014An Old World Charmer! recently repainted and common areas upgraded
8 studio apartments upstairs approx. 450 sq-ft each, and 2 commercial units downstairs each of them approx. 2,050 sq-ft. -currently being used as working lofts- great potential of bringing at least $1,850 each, for market rent (no rent control on Commercial) . 3 of the studio apartments are now being renovated and will now achieve market rents as well ($800 ea.)l. All in all a great investment opportunity.
Please do not disturb tenants.
Last Agent to Sell the Property
Sunil Mehta
Laurus Realty License #01485497 Listed on: 09/25/2013
Last Buyer's Agent
NoEmail NoEmail
OUT OF AREA
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,982
Year Built
- Built in 1927
Lot Details
- 4,600 Sq Ft Lot
- Two or More Common Walls
Home Design
- 8,236 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Location
- Property is near public transit
- Urban Location
Utilities
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 11
- Tax Tract Number 4416
- Assessor Parcel Number 5061015003
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- 7 Leased Units
- Rent Control
- 10 Separate Electric Meters
- Electric Expense $559
- Gardener Expense $35
- Insurance Expense $2,250
- Maintenance Expense $1,200
- Professional Management Expense $4,800
- Trash Expense $1,355
- Water Sewer Expense $2,302
- New Taxes Expense $5,566
- Gross Income $6,179
- Net Operating Income $54,262
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2013
Closed on
Jan 2, 2014
Sold by
Rce Group Llc
Bought by
Midland Holdings Llc
Seller's Agent
Sunil Mehta
Laurus Realty
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$1,249,999
Sold Price
$1,110,000
Premium/Discount to List
-$139,999
-11.2%
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
$558,149
Avg. Annual Appreciation
3.49%
Original Mortgage
$832,500
Outstanding Balance
$625,342
Interest Rate
4.26%
Mortgage Type
Commercial
Estimated Equity
$1,042,807
Purchase Details
Closed on
Dec 31, 2012
Sold by
Junior Development Company
Bought by
Rce Group Llc
Purchase Details
Closed on
Jul 28, 1995
Sold by
Carter Yvonne S and Junior Development Company
Bought by
Junior Development Company
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 |
|---|---|---|---|
| Midland Holdings Llc | -- | Ticor Tustin Orange Co | |
| Rce Group Llc | $680,000 | Ticor Title | |
| Junior Development Company | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Midland Holdings Llc | $832,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2014 01/08/14 | Sold | $1,110,000 | -11.2% | $135 / Sq Ft |
| 12/02/2013 12/02/13 | Pending | -- | -- | -- |
| 09/25/2013 09/25/13 | For Sale | $1,249,999 | -- | $152 / 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 | $16,982 | $1,348,439 | $980,685 | $367,754 |
| 2024 | $16,982 | $1,322,000 | $961,456 | $360,544 |
| 2023 | $16,664 | $1,296,079 | $942,604 | $353,475 |
| 2022 | $15,908 | $1,270,667 | $924,122 | $346,545 |
| 2021 | $15,666 | $1,245,752 | $906,002 | $339,750 |
| 2019 | $15,205 | $1,209,685 | $879,131 | $330,554 |
| 2018 | $15,073 | $1,185,984 | $861,894 | $324,090 |
| 2016 | $14,345 | $1,139,087 | $828,427 | $310,660 |
| 2015 | $15,252 | $1,121,978 | $815,984 | $305,994 |
| 2014 | -- | $683,087 | $502,270 | $180,817 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2014
NoEmail NoEmail
OUT OF AREA
-
B
Buyer's Agent in 2014
Brittany Lunney
Elite Real Estate Group
-
B
Buyer's Agent in 2014
Bonnie Bayless
Mammoth Sierra Properties
-
Bobbi McMahon
Buyer's Agent in 2014
Bobbi McMahon
Coldwell Banker Segerstrom
(209) 743-6568
213 Total Sales
-
M
Buyer's Agent in 2014
Mary Ulvevadet
Inactive Members
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13203022
APN: 5061-015-003
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.
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
Nearby Homes
- 1938 S Harcourt Ave
- 1920 S Rimpau Blvd
- 2006 S Harcourt Ave
- 2045 Claudina Ave
- 2102 Hillcrest Dr
- 2025 West Blvd
- 4710 St Elmo Dr
- 2209 West Blvd
- 1931 Buckingham Rd
- 2116 S Palm Grove Ave
- 2331 Lucerne Ave
- 4522 Saint Elmo Dr
- 4835 Pickford St
- 4725 St Elmo Dr
- 4512 St Elmo Dr
- 2353 Lucerne Ave
- 1801 S Longwood Ave
- 4701 Saturn St
- 4901 4905 W 20th St
- 4533 Saturn St
- 1915 1/2 Claudina Ave
- 1913 Claudina Ave
- 1905 Claudina Ave
- 1906 S Palm Grove Ave Unit 2
- 1906 S Palm Grove Ave Unit 1
- 1906 S Palm Grove Ave
- 1908 S Palm Grove Ave
- 1921 Claudina Ave
- 1920 S Palm Grove Ave
- 1927 Claudina Ave
- 1916 Claudina Ave
- 1915 Vineyard Ave
- 4641 W Washington Blvd
- 1924 Claudina Ave
- 1924 S Palm Grove Ave
- 1933 Claudina Ave Unit 1933 Claudina Avenue
- 1933 Claudina Ave
- 4621 W Washington Blvd
- 4645 W Washington Blvd
- 4645 W Washington Blvd Unit 3