NOT LISTED FOR SALE

6112 E Olympic Blvd Unit 3 Los Angeles, CA 90022

Estimated Value: $740,000 - $843,000

4 Beds
3 Baths
1,944 Sq Ft
$406/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $475,000 $244 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,951/month

31 Days on Market

About This Home

As of April 2017

Tenants are aware of sale,please- only inspect from the outside- interior inspection,upon receipt of buyer qualification-

Last Agent to Sell the Property

Guy Hocker

Guy Hocker REALTOR License #00267133 Listed on: 03/09/2017

Last Buyer's Agent

Victor Flores

PREFERRED REALTY & LENDING License #01781600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,013

Year Built

  • Built in 1952

Lot Details

  • 2,628 Sq Ft Lot
  • Lot Dimensions are 25x125
  • End Unit
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex

Interior Spaces

  • 1,944 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, gas
  • Tax Lot 286
  • Tax Tract Number 9033
  • Assessor Parcel Number 6338012009

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Professional Management Expense $1,800
  • Water Sewer Expense $605
  • New Taxes Expense $5,500
  • Operating Expense $8,600
  • Gross Income $34,800
  • Net Operating Income $26,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,013

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Professional Management Expense: 1800.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • View: No
  • Water Sewer Expenses: 605.00
  • Zoning: LCR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6338012009
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall, End Unit
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 244.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level
  • Lot Size: 25x125
  • Lot Size Sq Ft: 2628.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Gas

Multi Family

  • Gross Income: 34800.00
  • Gross Multiplier: 15.00
  • Gross Operating Income: 34800.00
  • Gross Scheduled Income: 34800.00
  • Gross Spendable Income: 26200.00
  • Insurance Expense: 600.00
  • Net Operating Income: 26200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 8600.00
  • Rent Control: Yes
  • Total Actual Rent: 2900.00
  • Total Expenses: 8600.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Census Tract: 5319.01
  • Tax Lot: 286
  • Tax Tract Number: 9033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Mohan Kiran and Patel Chandra
Bought by
Kiran Mohan And Chandra Mahendra Patel Commun and Mohan
Current Estimated Value
$786,129

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 11, 2017
Sold by
Hassanhage Basiem Aliel
Bought by
Mohan Kiran and Patel Chandra
Seller's Agent
Guy Hocker
Guy Hocker REALTOR
Buyer's Agent
Victor Flores
PREFERRED REALTY & LENDING
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Hassanhage Basiem Aliel and Arviso Joseph
Bought by
Hassanhage Basiem Aliel

Purchase Details

Closed on
Jan 18, 2002
Sold by
Hud
Bought by
Hassanhage Basiem Aliel and Arviso Joe

Purchase Details

Closed on
Sep 26, 2000
Sold by
Watson Vilma
Bought by
Firstar Bank Na

Purchase Details

Closed on
Jun 26, 2000
Sold by
Firstar Bank Na
Bought by
Hud

Purchase Details

Closed on
May 4, 2000
Sold by
Watson Vilma G
Bought by
Pak Sung Hee

Purchase Details

Closed on
Jun 30, 1999
Sold by
Kim Duck Su
Bought by
Watson Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,704
Interest Rate
7.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Kim Duck Su

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1998
Sold by
Viramontes Jorge and Viramontes Leonor
Bought by
Washington Mutual Bank Fa
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Kiran Mohan And Chandra Mahendra Patel Commun -- None Listed On Document
Mohan Kiran $475,000 First American Title Co Los
Hassanhage Basiem Aliel -- Commerce Title
Hassanhage Basiem Aliel $180,000 Commerce Title
Firstar Bank Na $207,685 Benefit Land Title Ins Co
Hud -- --
Pak Sung Hee -- --
Watson Vilma $195,000 --
Kim Duck Su $145,000 Chicago Title Co
Washington Mutual Bank Fa $97,771 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hassanhage Basiem Aliel $417,000
Previous Owner Hassanhage Basiem Aliel $188,500
Previous Owner Watson Vilma $193,704
Previous Owner Kim Duck Su $142,759
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $475,000 0.0% $244 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
03/28/2017 03/28/17 Price Changed $475,000 -9.5% $244 / Sq Ft
03/09/2017 03/09/17 For Sale $525,000 -- $270 / 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 $8,013 $551,273 $290,145 $261,128
2024 $8,013 $540,464 $284,456 $256,008
2023 $7,764 $529,868 $278,879 $250,989
2022 $7,520 $519,479 $273,411 $246,068
2021 $7,283 $509,294 $268,050 $241,244
2020 $7,234 $504,073 $265,302 $238,771
2019 $7,029 $494,190 $260,100 $234,090
2018 $7,184 $484,500 $255,000 $229,500
2016 $4,335 $249,940 $103,130 $146,810
2015 $4,133 $246,186 $101,581 $144,605
2014 $4,048 $241,365 $99,592 $141,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17048820

California Regional Multiple Listing Service (CRMLS)

APN: 6338-012-009