NOT LISTED FOR SALE

6068 Hillandale Dr Los Angeles, CA 90042

Estimated Value: $1,095,000 - $1,422,000

2 Beds
1 Bath
3,424 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $1,040,790 $304 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,015/month

Highlights

  • City Lights View
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Eagle Rock High School Rated A
  • No HOA
  • Wall Furnace

About This Home

As of August 2020

Welcome to 6068 Hillandale!!! SUPERB income producing property in the heart of Highland Park! Property consists of 4 - two bedroom one bath units of approximately 856 sq feet each!!! The units are separately metered for gas and electriicty and have individual water heaters. One of the units has been renovated and features new flooring throughout and new kitchen and granite counters. Property has plenty of private parking spaces. The property is withing walking distance to some of Highland parks trendiest eateries and shops. It is in close proximity to York Retail Corridor, the Highland Park Station Metro Gold Line and Highland Park Recreation Center. This is a great property to add to your real estate portfolio.

Last Agent to Sell the Property

Karena Rubio

EXCELLENCE RE REAL ESTATE License #01304833 Listed on: 06/29/2020

Last Buyer's Agent

Jacqueline Tager

Sotheby's International Realty License #01476997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,786

Year Built

  • Built in 1954

Lot Details

  • 6,854 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 3,424 Sq Ft Home
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 19
  • Tax Tract Number 19313
  • Assessor Parcel Number 5486004009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $600
  • Insurance Expense $1,400
  • Water Sewer Expense $600
  • New Taxes Expense $15,000
  • Operating Expense $18,272
  • Net Operating Income $51,412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,786

Year Built

Built in 1954

Lot Details

0

Listing Details

  • CapRate: 4.30
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5486004009
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 303.97

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6854.00
  • Lot Size Acres: 0.1573

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 400.00
  • Gross Scheduled Income: 69684.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 6854.0000 Square Feet
  • Net Operating Income: 51412.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18272.00
  • Rent Control: Yes
  • Total Actual Rent: 50472.00
  • Total Expenses: 18272.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Census Tract: 1832.21
  • Tax Lot: 19
  • Tax Tract Number: 19313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jul 6, 2020
Sold by
Villaverde Ricardo
Bought by
Zhao Stacey and The Stark Zaro Living Trust
Seller's Agent
Karena Rubio
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Jacqueline Tager
Sotheby's International Realty
List Price
$1,200,000
Sold Price
$1,040,790
Premium/Discount to List
-$159,210
-13.27%
Current Estimated Value
$1,305,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,556
Avg. Annual Appreciation
4.44%
Original Mortgage
$780,590
Outstanding Balance
$690,878
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$614,468

Purchase Details

Closed on
Jun 17, 2011
Sold by
Lai Stephen and The Eric Kim Chue Lai Revocabl
Bought by
Villaverde Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Suy Celestina
Bought by
Villaverde Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2006
Sold by
Lai Eric and Lai Eric Kim Chue
Bought by
Lai Eric Kim Chue and Eric Kim Chue Lai Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhao Stacey $1,041,000 Fidelity National Title Co
Villaverde Ricardo $425,000 Fatcola
Villaverde Ricardo -- Fatcola
Lai Eric Kim Chue -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Stacey $780,590
Previous Owner Villaverde Ricardo $297,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $1,040,790 -13.3% $304 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $1,200,000 +15.3% $350 / Sq Ft
06/29/2020 06/29/20 Off Market $1,040,790 -- --
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 $13,786 $1,126,581 $757,701 $368,880
2024 $13,786 $1,104,493 $742,845 $361,648
2023 $13,523 $1,082,837 $728,280 $354,557
2022 $12,901 $1,061,605 $714,000 $347,605
2021 $12,733 $1,040,790 $700,000 $340,790
2020 $6,355 $488,108 $195,243 $292,865
2019 $6,116 $478,538 $191,415 $287,123
2018 $5,987 $469,156 $187,662 $281,494
2016 $5,696 $450,940 $180,376 $270,564
2015 $5,616 $444,167 $177,667 $266,500
2014 $5,659 $435,467 $174,187 $261,280
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20126420

California Regional Multiple Listing Service (CRMLS)

APN: 5486-004-009