NOT LISTED FOR SALE
12 Beds
8 Baths
4,632 Sq Ft
6,977 Sq Ft Lot

Sale Details

Date Sold: May 3, 2017

Last sale price $1,825,000 $394 Per Sq Ft

35 Days on Market

About This Home

As of May 2017

The subject property presents an excellent opportunity for an investor to capitalize on the huge rental upside potential.6 unit multi family property with NO RENT CONTROL building built in 1987. New Roof, and well-maintained by the owner. Heart of everything. Minutes to 101 FWY, Hollywood, Koreatown, and Downtown. . Please do not disturb the tenants, Drive by only. Showing after an accepted offer.

Last Agent to Sell the Property

Jenny Yu

Keller Williams Realty Los Feliz License #01270838 Listed on: 02/14/2017

Keller Williams Realty Los Feliz

Last Buyer's Agent

DBA Data Process

Claw Data Base Mgmt License #12764

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,977 Sq Ft Lot

Interior Spaces

  • 4,632 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 12 Parking Spaces
  • Gated Parking

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5535-023-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

6,977 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4632
  • Stories: 2
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 418.83

Exterior Features

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

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 12

Utilities

  • Cooling: Window Unit(s)
  • Electric Expense: 600.00
  • Heating: Wall
  • Water Expense: 600.00

Fee Information

  • Insurance Expense: 4000.00
  • Maintenance Expense: 2400.00
  • Trash Expense: 3600.00

Lot Info

  • Assessed Improvement Value: 432373
  • Assessed Land Value: 480415
  • Assessor Parcel Number: 5535-023-008
  • Geocode Override: No
  • Lot Size Area: 6977

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 6
  • Type Of Units: low rise

Tax Info

  • Tax Expense: 13710.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Apr 21, 2017
Sold by
Bought by
Seller's Agent
Jenny Yu
Keller Williams Realty Los Feliz
Buyer's Agent
DBA Data Process
Claw Data Base Mgmt
List Price
$1,940,000
Sold Price
$1,825,000
Premium/Discount to List
-$115,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,825,000 Stewart Title Of California
-- New Century Title Company
$760,000 New Century Title Company
-- --
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,550,000
Closed $1,500,000
Closed $1,380,000
Closed $1,200,000
Previous Owner $200,000
Previous Owner $479,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Sold $1,825,000 -5.9% $394 / Sq Ft
02/14/2017 02/14/17 For Sale $1,940,000 -- $419 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,235 $2,118,062 $1,421,714 $696,348
2024 $25,941 $2,076,533 $1,393,838 $682,695
2023 $25,450 $2,035,817 $1,366,508 $669,309
2022 $24,291 $1,995,900 $1,339,714 $656,186
2021 $23,986 $1,956,766 $1,313,446 $643,320
2019 $23,282 $1,898,730 $1,274,490 $624,240
2018 $23,098 $1,861,500 $1,249,500 $612,000
2016 $11,597 $912,788 $480,415 $432,373
2015 $11,435 $899,078 $473,199 $425,879
2014 $11,507 $881,467 $463,930 $417,537
Source: Public Records

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Map

Source: The MLS

MLS Number: 17-202446

The MLS
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