Seller's Agent in 2021
Chris Creed
Clement Partners Real Estate
(310) 502-0600
2 in this area
13 Total Sales
Estimated Value: $1,007,565 - $1,221,000
Turn key cash flow. Current rents are 100% subsidized. 22% upside in rents makes this an incredible value add property. 7.5 CAP to start! Never worry about missing a rent payment. Units have been remodeled and have great tenants in place. There are 5 units spread over 3 buildings. The back house is currently a 2 bedroom and the other 4 units are One bedrooms. Courtyard style building with classic LA style bungalows. Rent roll is accurate. Receivership sale. Their loss is your gain. Don't miss the opportunity to achieve cash flow from day 1. One unit currently vacant and it has been remodeled. **2 bedroom can be delivered vacant**
Last Agent to Sell the Property
Clement Partners Real Estate License #01880695 Listed on: 02/15/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crooks Joseph R | -- | Lawyers Title Company | |
| Soar Real Estate Investors Llc | $515,000 | Lawyers Title | |
| Soar Real Estate Investors Llc | -- | Accommodation | |
| Hs & H Investments Llc | $400,000 | Security Union Title Company | |
| Award Investments Llc | $335,000 | Pacific Coast Title Company | |
| Richards Alpha E | -- | -- | |
| Richards Alpha E | $375,500 | Commerce Title | |
| Morgan Thomas C | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Soar Real Estate Investors Llc | $386,250 | |
| Previous Owner | Hs & H Investments Llc | $350,900 | |
| Previous Owner | Award Investments Llc | $29,000 | |
| Previous Owner | Richards Alpha E | $300,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $930,000 | +1.1% | $395 / Sq Ft | |
| 06/08/2021 06/08/21 | Price Changed | $920,000 | -0.5% | $391 / Sq Ft | |
| 05/18/2021 05/18/21 | Pending | -- | -- | -- | |
| 05/07/2021 05/07/21 | Price Changed | $925,000 | -2.6% | $393 / Sq Ft | |
| 02/15/2021 02/15/21 | For Sale | $950,000 | +84.5% | $404 / Sq Ft | |
| 06/10/2015 06/10/15 | Sold | $515,000 | +3.0% | $219 / Sq Ft | View Prior Sale |
| 03/02/2015 03/02/15 | Pending | -- | -- | -- | |
| 02/26/2015 02/26/15 | For Sale | $500,000 | -- | $213 / 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 | $12,313 | $977,961 | $782,925 | $195,036 |
| 2024 | $12,313 | $958,786 | $767,574 | $191,212 |
| 2023 | $12,192 | $948,600 | $887,400 | $61,200 |
| 2022 | $11,652 | $930,000 | $870,000 | $60,000 |
| 2021 | $7,512 | $571,812 | $444,128 | $127,684 |
| 2020 | $7,581 | $565,950 | $439,575 | $126,375 |
| 2019 | $7,305 | $554,854 | $430,956 | $123,898 |
| 2018 | $7,218 | $543,975 | $422,506 | $121,469 |
| 2016 | $6,863 | $522,853 | $406,100 | $116,753 |
| 2015 | $5,751 | $429,499 | $268,505 | $160,994 |
| 2014 | $5,802 | $421,087 | $263,246 | $157,841 |
Seller's Agent in 2021
Chris Creed
Clement Partners Real Estate
(310) 502-0600
2 in this area
13 Total Sales
Buyer's Agent in 2021
Charles McMillan
Charles McMillan
(310) 508-3221
1 in this area
10 Total Sales
Source: The MLS
MLS Number: 21-728418
APN: 5003-018-030