Seller's Agent in 2015
Dana Coronado
Compass
(310) 562-9630
2 in this area
37 Total Sales
Estimated Value: $704,860
La Moda Beauty Salon, mixed use property on Beverly Blvd in EastLA. The property consists of ground floor retail and a 2nd story 2br + 1ba apartment. Both units are leased to the same tenant for a total income of $1,400/month, which is significantly under market. Luckily, there is no lease in place and the tenant is MTM, making this an excellent opportunity for owner-users and investors! Built in 1961, the property consists of 2,006 SF on a 2,590 SF lot. There is a rear 1 car garage and 4 tandem parking spaces. Both units are separately metered for gas and electric, and have separate hot water heaters. The apartment has an open kitchen with a skylight, in-unit washer and dryer hookups, new carpet, and a large balcony overlooking Beverly. The retail is built out as a beauty salon with 4 stations, 3 sinks, private treatment room & bathroom with shower. This pride of ownership property has significant rental upside and is located in an area of EastLA that is experiencing revitalization!
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| M & A Management Group Llc | $615,000 | California Best Title | |
| Stevenson Richard Wilbur | -- | None Available | |
| Stevenson Richard Wilbur | -- | None Available | |
| Lew Sylvia | $312,500 | Lawyers Title Company | |
| Cabuto Consuelo | -- | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | M & A Management Group Llc | $307,500 | |
| Closed | M & A Management Group Llc | $246,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2015 08/14/15 | Sold | $312,500 | -3.8% | $156 / Sq Ft |
| 07/13/2015 07/13/15 | Pending | -- | -- | -- |
| 07/01/2015 07/01/15 | For Sale | $325,000 | -- | $162 / Sq Ft |
| 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 | $9,074 | $639,845 | $173,746 | $466,099 |
| 2024 | $9,074 | $627,300 | $170,340 | $456,960 |
| 2023 | $5,846 | $355,568 | $142,227 | $213,341 |
| 2022 | $5,613 | $348,597 | $139,439 | $209,158 |
| 2021 | $5,548 | $341,762 | $136,705 | $205,057 |
| 2020 | $5,580 | $338,259 | $135,304 | $202,955 |
| 2019 | $5,402 | $331,627 | $132,651 | $198,976 |
| 2018 | $5,310 | $325,125 | $130,050 | $195,075 |
| 2016 | $5,100 | $312,500 | $125,000 | $187,500 |
| 2015 | $2,125 | $59,113 | $19,765 | $39,348 |
| 2014 | $2,122 | $57,956 | $19,378 | $38,578 |
Seller's Agent in 2015
Dana Coronado
Compass
(310) 562-9630
2 in this area
37 Total Sales
Source: The MLS
MLS Number: 15-915885
APN: 6341-002-007