NOT LISTED FOR SALE

612 E 82nd St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $701,000 - $1,170,000

4 Beds
4 Baths
2,088 Sq Ft
$428/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2017

Last sale price $530,000 $254 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,370 / mo

5 Days on Market

About This Home

As of February 2017

Great investment opportunity for any investor to reap rental income. All 4 units are separate structures with 1 bedroom, 1 bath and laundry hookups. Easy alley access to four parking spaces in back of the property. It's being sold occupied with tenants. This Quadruplex located in the heart of South Los Angeles is a starter investor's dream.

Last Agent to Sell the Property

Yumei Sun

Loyal Property License #01357230 Listed on: 12/06/2016

Last Buyer's Agent

Lisa Amorim

Lisa Amorim, Broker License #01213309

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,740 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,088 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1304
  • Tax Tract Number 6

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $48,516

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

5,740 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 253.83

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5740.00

Multi Family

  • Gross Income: 48516.00
  • Gross Scheduled Income: 48516.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 1304
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2016
Closed on
Feb 15, 2017
Sold by
Vc2006 Llc
Bought by
Althaus Jordin T
Seller's Agent
Yumei Sun
Loyal Property
Buyer's Agent
Lisa Amorim
Lisa Amorim, Broker
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$892,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,707
Avg. Annual Appreciation
5.86%
Original Mortgage
$397,500
Outstanding Balance
$328,374
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$564,333

Purchase Details

Closed on
Sep 9, 2009
Sold by
Wong Margie Y K and Wong Henry T
Bought by
Vc2006 Llc

Purchase Details

Closed on
Aug 3, 2009
Sold by
Imb Reo Llc
Bought by
Margie Y K & Henry T Wong Jr Trust

Purchase Details

Closed on
Apr 10, 2009
Sold by
Smith Denise
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Dec 29, 2005
Sold by
Walker Willie J
Bought by
Smith Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,175
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 23, 2005
Sold by
Smith Roy
Bought by
Smith Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,175
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Althaus Jordin T $530,000 Title365 Company
Vc2006 Llc -- Accommodation
Margie Y K & Henry T Wong Jr Trust $230,000 Chicago Title Company
Imb Reo Llc -- Chicago Title Company
Indymac Federal Bank Fsb $294,266 None Available
Smith Denise $566,500 Gateway Title Company
Smith Denise -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Althaus Jordin T $397,500
Previous Owner Smith Denise $538,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2017 02/27/17 Sold $530,000 0.0% $254 / Sq Ft
01/25/2017 01/25/17 Off Market $530,000 -- --
12/11/2016 12/11/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $525,000 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,658 $615,103 $406,201 $208,902
2024 $7,658 $603,043 $398,237 $204,806
2023 $7,515 $591,220 $390,429 $200,791
2022 $7,173 $579,628 $382,774 $196,854
2021 $7,080 $568,264 $375,269 $192,995
2019 $6,873 $551,412 $364,140 $187,272
2018 $6,795 $540,600 $357,000 $183,600
2016 $3,283 $250,789 $68,584 $182,205
2015 $3,239 $247,023 $67,554 $179,469
2014 $3,276 $242,185 $66,231 $175,954
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2017

    Yumei Sun

    Loyal Property

    Section Image
  • Lisa Amorim

    Buyer's Agent in 2017

    Lisa Amorim

    Lisa Amorim, Broker

    (213) 305-9996

    22 Total Sales

    Lisa Amorim
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16759019

California Regional Multiple Listing Service (CRMLS)

APN: 6029-016-030

California Los Angeles County Los Angeles 90001 Florence

612 E 82nd St, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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