NOT LISTED FOR SALE
14 Beds
11 Baths
7,352 Sq Ft
6,749 Sq Ft Lot

Last Sold March 07, 2016

Last sale price $1,475,000 $201 Per Sq Ft

49 Days on Market

About This Home

As of March 2016

Six Fully Remodeled UnitsOver 25% Rent Upside PotentialA Mix of One and Two Bedroom UnitsNew Windows, Exterior Paint, Landscaping & Common Area ImprovementsProperty on Corner LotAdditional Income from On-Site Laundry 11 Units In Leimert Park, Built in 1926Over Half the Building Has Been RemodeledRemodeled Units Include New Bathrooms, New Kitchen, New Flooring, and NewAppliancesNew Exterior Paint, Landscape, and Upgraded Common AreaOver 25% Rental Upside PotentialA Mix of One and Two Bedroom UnitsLaundry Facility On-Site for Additional IncomeDensely Populated Rental Area of Central Los AngelesBuilding Square Feet of 7,352Minutes to both 10 and 110 Freeway with Access to DowntownNo Restrictive Financing. Investors May Take Advantage of Today's Low Rates

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 11/09/2015

Co-Listed By

Kamfar Mirrafati

License #01911204

Last Buyer's Agent

Albert Banks

AOA Commercial Brokerage License #00819160

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,749 Sq Ft Lot

Interior Spaces

  • 7,352 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 11 Bathrooms

Community Details

  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 5014-027-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 7352
  • Stories: 2
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 187.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Lot Info

  • Assessed Improvement Value: 280494
  • Assessed Land Value: 518149
  • Assessor Parcel Number: 5014-027-026
  • Geocode Override: No
  • Lot Size Area: 6749

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.10
  • Number Of Units: 11
  • Rent Control: 100%
  • Type Of Units: APT

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 List to Sale Price per Sq Ft Prior Sale
03/07/2016 03/07/16 Sold $1,475,000 +7.3% $201 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $1,375,000 +75.6% $187 / Sq Ft
12/06/2013 12/06/13 Sold $783,000 +18.8% $107 / Sq Ft View Prior Sale
10/25/2013 10/25/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $659,000 -- $90 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $20,475 $1,627,715 $828,655 $799,060
2024 $20,475 $1,595,800 $812,407 $783,393
2023 $20,099 $1,564,511 $796,478 $768,033
2022 $19,203 $1,533,835 $780,861 $752,974
2021 $18,940 $1,503,760 $765,550 $738,210
2019 $18,396 $1,461,320 $742,845 $718,475
2018 $18,275 $1,432,710 $728,280 $704,430
2016 $10,673 $810,821 $526,050 $284,771
2015 $10,529 $798,643 $518,149 $280,494
2014 $10,634 $783,000 $508,000 $275,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-958379

The MLS