NOT LISTED FOR SALE
8 Beds
6 Baths
6,565 Sq Ft
8,590 Sq Ft Lot Lot

Sale Details

Date 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

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
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

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 $14,176 $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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