NOT LISTED FOR SALE

6123 Converse Ave Los Angeles, CA 90001

Estimated Value: $796,000 - $953,000

6 Beds
3 Baths
2,189 Sq Ft
$394/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2017

Last sale price $540,000 $247 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,411 / mo

36 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Accessible Parking
  • Fenced
  • No HOA
  • Attached Carport
  • Vinyl Flooring

About This Home

As of November 2017

GREAT INCOME PROPERTY IN LOS ANGELES. TRI-PLEX OFFERS THREE SEPARATE BUILDINGS IN ONE LOT..
ALL UNITS CONSIST ON 2 BEDROOMS 1 BATH EACH.. ONE OF THE UNITS HAS A BONUS ROOM W/OUT
PERMITS. GREAT FOR INVESTOR LOOKING FOR PASSIVE INCOME...

Last Agent to Sell the Property

antonio acereto

HIGHPOINT INVESTMENTS, INC. License #01705568 Listed on: 08/22/2017

Last Buyer's Agent

antonio acereto

HIGHPOINT INVESTMENTS, INC. License #01705568 Listed on: 08/22/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,297 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in fair condition
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 2,189 Sq Ft Home
  • Vinyl Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • Attached Carport
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace
  • Standard Electricity
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 110
  • Tax Tract Number 5330
  • Assessor Parcel Number 6008043028

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,800
  • Operating Expense $2,400
  • Gross Income $39,600
  • Net Operating Income $3,768

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

7,297 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6008043028
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Price Per Square Foot: 246.69
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport, Attached Carport

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7297.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 700 Square Feet
  • Average3 Bed Area: 700 Square Feet
  • Gross Income: 39600.00
  • Gross Scheduled Income: 42000.00
  • Net Operating Income: 3768.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 2400.00

Tax Info

  • New Taxes Expense: 6800.00
  • Tax Census Tract: 5330.01
  • Tax Lot: 110
  • Tax Tract Number: 5330

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2017
Closed on
Oct 25, 2017
Sold by
Bought by
Seller's Agent
antonio acereto
HIGHPOINT INVESTMENTS, INC.
Buyer's Agent
antonio acereto
HIGHPOINT INVESTMENTS, INC.
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$863,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,525
Avg. Annual Appreciation
5.56%
Original Mortgage
$216,000
Outstanding Balance
$180,902
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$682,623

Purchase Details

Closed on
Jul 26, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 Pacific Coast Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $216,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold $540,000 -1.8% $247 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $550,000 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,293 $614,421 $365,353 $249,068
2024 $8,994 $602,375 $358,190 $244,185
2023 $8,597 $590,565 $351,167 $239,398
2022 $8,222 $578,986 $344,282 $234,704
2021 $8,129 $567,634 $337,532 $230,102
2020 $8,186 $561,815 $334,072 $227,743
2019 $7,894 $550,800 $327,522 $223,278
2018 $7,725 $540,000 $321,100 $218,900
2017 $3,984 $222,618 $72,222 $150,396
2016 $3,885 $218,254 $70,806 $147,448
2015 $3,752 $214,977 $69,743 $145,234
2014 $3,760 $210,767 $68,377 $142,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17193865

California Regional Multiple Listing Service (CRMLS)

APN: 6008-043-028

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