NOT LISTED FOR SALE
3 Beds
4 Baths
12,001 Sq Ft
0.31 Acres

Last Sold August 02, 2013

Last sale price $2,500,000 $208 Per Sq Ft

110 Days on Market

About This Home

As of August 2013

Very Wellmaintained 2 story Stucco Building, 16+ Parking, Copper Plumbing, Adjacent to Hancock park/Windsor Square and Korea Town, Great Upside Potential

Last Agent to Sell the Property

Dean Kim

Everland Realty & Investments License #00837199 Listed on: 02/18/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.31 Acre Lot
  • No Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 16 Car Garage

Home Design

  • 12,001 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 30
  • Assessor Parcel Number 5522007023

Community Details

Overview

  • 16 Units

Building Details

  • 16 Leased Units
  • Rent Control
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $10,214
  • Gardener Expense $1,000
  • Insurance Expense $4,400
  • Maintenance Expense $5,800
  • Other Expense $600
  • Pest Control $400
  • Professional Management Expense $10,053
  • Trash Expense $1,991
  • New Taxes Expense $30,000
  • Gross Income $16,645
  • Net Operating Income $131,084

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

16

Listing Details

  • Professional Management Expense: 10053.00
  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 5522007023
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 208.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 16.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 400.00
  • Trash Expense: 1991.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 13461.00
  • Lot Size Acres: 0.3090

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 10214.00
  • Gross Income: 16645.00
  • Gross Scheduled Income: 199742.00
  • Insurance Expense: 4400.00
  • Lot Size Area: 13461.0000 Square Feet
  • Maintenance Expense: 5800.00
  • Net Operating Income: 131084.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 68658.00
  • Other Expense: 600.00
  • Other Expense Description: Telephon
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 30000.00
  • Tax Lot: 30
  • Tax Year: 2011

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2013 08/02/13 Sold $2,500,000 -3.5% $208 / Sq Ft
06/08/2013 06/08/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $2,590,000 -- $216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13025812

California Regional Multiple Listing Service (CRMLS)