J
Seller's Agent in 2017
Jonathan Prakash
Equity Union
(424) 600-7620
6 Total Sales
Estimated Value: $1,530,359
We are pleased to present this nine (9) unit (buyer to verify) Mixed-Use building located in Florence, California which is an unincorporated community in Los Angeles that is not subject to rent control. The property is located north of Florence Avenue and east of the 110 Freeway. This two (2) story Mixed-Use investment features four (4) commercial units on the ground floor and four (4) residential units on the second floor. As per title, there are 9 units at the property, but this investment opportunity is currently operating as 8 units (buyer to verify).Built in 1929, this 6,700SF property sits on a 6,743SF lot zoned LCM1*. This property is a great Non-Rent Controlled asset with an attractive CAP Rate, 100% occupancy, and on-site parking which either an Investor can take advantage of by remodeling and raising the rents or for an Owner/User to operate out of one of the retail units while collecting strong rents from the other tenants.
Last Agent to Sell the Property
Equity Union License #01483131 Listed on: 11/01/2017
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Sola Impact Fund Ii Lp | $1,000,000 | Ticor Title | |
Pensco Trust Company | -- | None Available | |
Fiserv Iss & Co | $395,000 | None Available | |
Roman Vianna | -- | Commerce Title | |
Dominguez Jose A | -- | Orange Coast Title | |
Roman Vianna | -- | Orange Coast Title | |
Dominguez Jose A | -- | Benefit Land Title Company | |
Hanafi Mohmmad N | -- | -- | |
Little Joseph | -- | -- | |
Hanafi Mohammad N | -- | -- | |
Little Joseph | -- | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Sola Impact Fund Ii Lp | $900,000 | |
Open | Sola Impact Fund Ii Lp | $1,435,500 | |
Closed | Sole Impact Fund Ii Lp | $742,500 | |
Previous Owner | Fiserv Iss & Co | $65,000 | |
Previous Owner | Roman Vianna | $55,000 | |
Previous Owner | Roman Vianna P | $119,000 | |
Previous Owner | Roman Vianna | $50,000 | |
Previous Owner | Roman Vianna | $253,000 | |
Previous Owner | Roman Vianna P | $27,000 | |
Previous Owner | Roman Vianna P | $49,000 | |
Previous Owner | Roman Vianna Pearl | $0 | |
Previous Owner | Roman Vianna | $194,000 | |
Previous Owner | Roman Vianna | $38,000 | |
Previous Owner | Roman Vianna | $178,000 | |
Previous Owner | Roman Vianna | $185,417 | |
Previous Owner | Dominguez Jose A | $90,000 | |
Previous Owner | Dominguez Jose A | $65,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/20/2017 11/20/17 | Sold | $1,000,000 | -2.4% | $149 / Sq Ft |
11/09/2017 11/09/17 | Pending | -- | -- | -- |
11/01/2017 11/01/17 | For Sale | $1,025,000 | -- | $153 / 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 | $15,919 | $1,137,824 | $512,020 | $625,804 |
2024 | $15,919 | $1,115,515 | $501,981 | $613,534 |
2023 | $15,658 | $1,093,643 | $492,139 | $601,504 |
2022 | $14,961 | $1,072,200 | $482,490 | $589,710 |
2021 | $14,651 | $1,051,178 | $473,030 | $578,148 |
2019 | $14,212 | $1,020,000 | $459,000 | $561,000 |
2018 | $13,970 | $1,000,000 | $450,000 | $550,000 |
2017 | $8,942 | $569,746 | $138,994 | $430,752 |
2016 | $8,628 | $558,575 | $136,269 | $422,306 |
2015 | $8,506 | $550,186 | $134,223 | $415,963 |
2014 | $8,419 | $642,904 | $226,523 | $416,381 |
J
Seller's Agent in 2017
Jonathan Prakash
Equity Union
(424) 600-7620
6 Total Sales
Seller Co-Listing Agent in 2017
Derrick Vartanian
Lyon Stahl Investment Real Estate, Inc.
(310) 482-2200
14 Total Sales
Source: The MLS
MLS Number: 17-285840
APN: 6008-029-001