NOT LISTED FOR SALE
8 Beds
6 Baths
6,565 Sq Ft
1928 Built

Last Sold November 28, 2017

Last sale price $950,000 $145 Per Sq Ft

146 Days on Market

About This Home

As of November 2017

Six spacious units consisting of 2 - Two Bedrooms, 4 - One Bedrooms & Carport for 4 cars . Two separate buildings (4 - One bedrooms in front bldg)
Property in close proximity to USC/Coliseum.. Spacious One Bedroom units ideal for 2 bedroom conversion possibility!

Last Agent to Sell the Property

Jaime Enriquez

Real Estate Executives Secure Properties License #00950579 Listed on: 04/27/2017

Last Buyer's Agent

Eric Gross

eXp Realty of California Inc License #01914171

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 8,590 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 6,565 Sq Ft Home
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 501800
  • Assessor Parcel Number 5018031020

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Water Sewer Expense $6,000
  • New Taxes Expense $11,880
  • Operating Expense $20,280
  • Net Operating Income $49,319

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

8,590 Sq Ft Lot

Listing Details

  • CapRate: 5.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5018031020
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Dining Room
  • Levels: Two
  • Price Per Square Foot: 144.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8590.00

Multi Family

  • Average1 Bed Area: 1085 Square Feet
  • Average2 Bed Area: 1111 Square Feet
  • Gross Scheduled Income: 77628.00
  • Insurance Expense: 2400.00
  • Net Operating Income: 49319.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 25980.00
  • Rent Control: Yes
  • Total Actual Rent: 6469.00
  • Total Expenses: 20280.00

Tax Info

  • New Taxes Expense: 11880.00
  • Tax Census Tract: 2321.20
  • Tax Lot: 46
  • Tax Tract Number: 501800
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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
11/28/2017 11/28/17 Sold $950,000 -2.6% $145 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
06/16/2017 06/16/17 Price Changed $975,000 -1.5% $149 / Sq Ft
04/27/2017 04/27/17 For Sale $990,000 -- $151 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,941 $1,080,932 $756,654 $324,278
2024 $13,941 $1,059,738 $741,818 $317,920
2023 $13,692 $1,038,960 $727,273 $311,687
2022 $13,096 $1,018,589 $713,013 $305,576
2021 $12,907 $998,618 $699,033 $299,585
2019 $12,555 $969,000 $678,300 $290,700
2018 $12,390 $950,000 $665,000 $285,000
2017 $4,527 $297,189 $117,378 $179,811
2016 $4,356 $291,363 $115,077 $176,286
2015 $4,304 $286,988 $113,349 $173,639
2014 $4,360 $281,367 $111,129 $170,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17092449

California Regional Multiple Listing Service (CRMLS)
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