NOT LISTED FOR SALE

Estimated Value: $932,000 - $1,427,000

4 Beds
2 Baths
4,018 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $500,000 $124 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $7,191/month

3 Days on Market

About This Home

As of October 2012

CAN YOU SAY "CASH FLOW"? Tired Of 1/4% Returns At The Bank? HERE IS YOUR CHANCE TO CHANGE THAT!!! AMAZING INVESTMENT OPPORTUNITY FOR OWNER OCCUPANT OR INVESTOR, Great 4 Unit Consisting of all 2 Bedroom 1 and 1 1/2 Bath Units. Right On The Border Of Westchester. Close To Loyola, LAX, Fox Hills, Culver City And Ladera Heights.... Properties Like This Just Dont Come Up Often..... Run The Numbers, Sale Is Subject To Federal Bankruptcy Court Approval And Addendums.

Last Agent to Sell the Property

Bryce Kawata

Keller Williams South Bay License #01219317 Listed on: 08/11/2012

Keller Williams South Bay

Co-Listed By

Darrow Fiedler

Keller Williams South Bay License #00676445

Last Buyer's Agent

Bryan Swindells

Keller Williams South Bay License #01846421

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,514

Year Built

  • Built in 1965

Lot Details

  • 6,061 Sq Ft Lot

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking
  • Unassigned Parking

Home Design

  • 4,018 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 21
  • Tax Tract Number 7558
  • Assessor Parcel Number 4017002018

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Electric Expense $804
  • Insurance Expense $1,560
  • Maintenance Expense $2,500
  • Trash Expense $800
  • Water Sewer Expense $2,000
  • New Taxes Expense $6,000
  • Gross Income $4,400
  • Net Operating Income $27,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,514

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.65
  • Water Sewer Expenses: 2000.00
  • Zoning: INR3YY
  • Property Type: Residential Income
  • Parcel Number: 4017002018
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 124.44

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Trash Expense: 800.00

Lot Info

  • Lot Size Sq Ft: 6061.00
  • Lot Size Acres: 0.1390

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Electric Expense: 804.00
  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1560.00
  • Lot Size Area: 6061.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 27950.00
  • Number Of Rented Garages: 2
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 22210.00
  • Rent Control: No
  • Vacancy Allowance: 2640

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 21
  • Tax Tract Number: 7558
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2020
Sold by
Lofton Gena
Bought by
Evergreen Llc
Current Estimated Value
$1,222,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2020
Sold by
543 Evergreen Llc
Bought by
Lofton Gena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2014
Sold by
Lofton Gena A
Bought by
543 Evergreen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2014
Sold by
Lofton Gena A
Bought by
543 Evergreen Llc

Purchase Details

Listed on
Aug 11, 2012
Closed on
Oct 23, 2012
Sold by
Shaprio Brian D and Estate Of Napoleon Parker & Ge
Bought by
Lofton Gena A
Seller's Agent
Bryce Kawata
Keller Williams South Bay
Buyer's Agent
Bryan Swindells
Keller Williams South Bay
List Price
$480,000
Sold Price
$500,000
Premium/Discount to List
$20,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Evergreen Llc -- Accommodation
Lofton Gena -- Lawyers Title
543 Evergreen Llc -- None Available
Lofton Gena A -- Fatcola
543 Evergreen Llc -- None Available
Lofton Gena A $500,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lofton Gena $780,000
Previous Owner Lofton Gena A $455,000
Previous Owner Lofton Gena A $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $500,000 +4.2% $124 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
08/11/2012 08/11/12 For Sale $480,000 -- $119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,514 $615,703 $332,481 $283,222
2024 $8,514 $603,631 $325,962 $277,669
2023 $8,426 $591,796 $319,571 $272,225
2022 $8,571 $580,193 $313,305 $266,888
2021 $8,486 $568,817 $307,162 $261,655
2020 $8,124 $562,986 $304,013 $258,973
2019 $7,993 $551,948 $298,052 $253,896
2018 $7,917 $541,126 $292,208 $248,918
2016 $9,512 $678,187 $373,612 $304,575
2015 $7,410 $512,304 $276,644 $235,660
2014 $7,319 $502,269 $271,225 $231,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12100738

California Regional Multiple Listing Service (CRMLS)

APN: 4017-002-018