NOT LISTED FOR SALE

Los Angeles, CA 90004

Larchmont Neighborhood
1 Bed
2 Baths
4,392 Sq Ft
6,750 Sq Ft Lot

Last Sold May 15, 2013

Last sale price $1,290,000 $294 Per Sq Ft

11 Days on Market

About This Home

As of May 2013

GREAT 7 UNITS APARTMENT BUILDING! GREAT HANCOCK PARK AREA! QUIET LOCATION! BEAUTIFUL 1991 YEAR BUILT! WELL MAINTAINED BUILDING! SECURITY GATED BUILDING! LAUNDRY ROOM! 100% TENANTS OCCUPIED! CLOSE TO EVERYWHERE! BEVERLY HILLS! HOLLYWOOD! LOS ANGELES DOWNTOWN! MALIBU BEACH! 101 FWY! 10 FWY! 405 FWY! 5 FWY! NO RENT CONTROL! GREAT INVESTMENT PROPERTY!

Last Agent to Sell the Property

Steve Lee

No Firm Affiliation License #01014510 Listed on: 04/03/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 6,750 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 9 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,392 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 1924
  • Assessor Parcel Number 5522021003

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $750
  • Gardener Expense $780
  • Insurance Expense $1,650
  • Maintenance Expense $1,200
  • Pest Control $200
  • Trash Expense $1,740
  • Water Sewer Expense $1,375
  • New Taxes Expense $15,450
  • Gross Income $7,950
  • Net Operating Income $71,505

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Parking

9

Listing Details

  • CapRate: 5.30
  • Property Attached: Yes
  • Water Sewer Expenses: 1375.00
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 5522021003
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 293.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 200.00
  • Trash Expense: 1740.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 750.00
  • Gross Income: 7950.00
  • Gross Scheduled Income: 95400.00
  • Insurance Expense: 1650.00
  • Lot Size Area: 6750.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 71505.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 23895.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 15450.00
  • Tax Lot: 15
  • Tax Tract Number: 1924
  • Tax Year: 2011

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
05/15/2013 05/15/13 Sold $1,290,000 -5.1% $294 / Sq Ft
04/14/2013 04/14/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $1,359,500 -- $310 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Lee

    No Firm Affiliation

See All Agents

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13057491

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90004

Larchmont

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