6131 S Hobart Blvd Los Angeles, CA 90047
Harvard Park Neighborhood
10
Beds
4
Baths
2,770
Sq Ft
6,209
Sq Ft Lot
Highlights
- Property is near public transit
- Side by Side Parking
- Wall Furnace
About This Home
As of July 2024PROPERTY FRESHLY PAINTED AS OF 01/29/24. Don’t miss the opportunity to own this great quadruplex under million dollars. The property is located in the R3 zoning and offers a total of 10 bedrooms and 4 bathrooms sitting on 6209 square feet lot. Wonderful combinations: (2) 3 bedrooms 1 baths and (2) 2 bedrooms 1 bath, 8 parking spaces in the rear. Separate meters for gas and power. Great current monthly total rent with upside rental potentials in this strong rental market. Ready for investors looking for cash flow or owners occupied. Centrally located, close to shopping malls, freeways, newly built SOFI Stadium, Downtown Los Angeles, USC, Crypto Arena, upcoming Los Angeles Clippers Stadium. Drive By Only. Do Not Disturb Tenants.
Last Agent to Sell the Property
Jules Laross Kanhan Brokerage Phone: 310-227-9121 License #01359175 Listed on: 01/15/2024
Last Buyer's Agent
Jules Laross Kanhan Brokerage Phone: 310-227-9121 License #01359175 Listed on: 01/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,844
Year Built
- Built in 1947
Lot Details
- 6,209 Sq Ft Lot
- Two or More Common Walls
Home Design
- Quadruplex
Interior Spaces
- 2,770 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Side by Side Parking
- Tandem Uncovered Parking
- Parking Lot
Additional Features
- Property is near public transit
- Wall Furnace
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 13970
- Assessor Parcel Number 6002023014
- $503 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $89,388
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2024
Closed on
Jun 21, 2024
Sold by
Owairu Sunday O
Bought by
Desta Mikyas
Seller's Agent
Jules Kanhan
Jules Laross Kanhan
Buyer's Agent
Jules Kanhan
Jules Laross Kanhan
List Price
$989,999
Sold Price
$985,000
Premium/Discount to List
-$4,999
-0.5%
Total Days on Market
94
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,099
Avg. Annual Appreciation
-0.56%
Original Mortgage
$935,750
Outstanding Balance
$930,307
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$49,779
Purchase Details
Closed on
Mar 24, 2008
Sold by
Owairu Vilma M
Bought by
Owairu Sunday O
Purchase Details
Closed on
Nov 15, 2007
Sold by
Cadet Elizette
Bought by
Owairu Sunday O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 2006
Sold by
Sateriere Milford
Bought by
Cadet Elizette
Purchase Details
Closed on
Oct 26, 2005
Sold by
Cadet Elizette
Bought by
Sateriere Milford
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 24, 2003
Sold by
Velasquez Pedro Z
Bought by
Cadet Elizette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 2002
Sold by
Cross Roads Consolidated Capital Inc
Bought by
Velasquez Pedro Z
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,500
Interest Rate
6.03%
Purchase Details
Closed on
Jan 22, 2002
Sold by
Lakeview Associates Inc
Bought by
Cross Roads Consolidated Capital Inc
Purchase Details
Closed on
Jan 24, 2001
Sold by
U S Bank National Assn
Bought by
Lakeview Associates Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.11%
Purchase Details
Closed on
Dec 19, 2000
Sold by
Matta Gregory
Bought by
U S Bank National Assn and First Bank National Assn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.11%
Purchase Details
Closed on
Oct 16, 2000
Sold by
Smith Marquis G
Bought by
Williams Ieda
Purchase Details
Closed on
Jun 28, 2000
Sold by
Maha Gregory
Bought by
Smith Marqus G and Tea Charles Terry
Purchase Details
Closed on
May 26, 2000
Sold by
Matta Gregory
Bought by
Williams Julia Warren
Purchase Details
Closed on
May 25, 2000
Sold by
Matta Gregory
Bought by
Flenoury Jerry
Purchase Details
Closed on
Mar 25, 1999
Sold by
Pacific Access Corp
Bought by
Matta Gregory
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.73%
Purchase Details
Closed on
Mar 18, 1999
Sold by
U S Bank National Assn
Bought by
Pacific Access Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.73%
Purchase Details
Closed on
May 13, 1997
Sold by
Bryant Woody
Bought by
First Bank National
Purchase Details
Closed on
Jan 4, 1994
Sold by
Johnson Rupert A
Bought by
Bryant Woody
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $985,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | Orange Coast Title Co Inland | |
| Grant Deed | $540,000 | Orange Coast Title Company I | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $600,000 | Lawyers Title Company | |
| Grant Deed | $369,000 | Ticor Title Company | |
| Grant Deed | $309,000 | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $145,000 | First American Title Co | |
| Trustee Deed | $199,900 | United Title Company | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Grant Deed | $270,000 | Equity Title | |
| Corporate Deed | $155,000 | Investors Title Company | |
| Trustee Deed | $159,146 | Stewart Title | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $935,750 | New Conventional | |
| Previous Owner | $432,000 | Purchase Money Mortgage | |
| Previous Owner | $90,000 | Stand Alone Second | |
| Previous Owner | $480,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $295,200 | Purchase Money Mortgage | |
| Previous Owner | $293,500 | No Value Available | |
| Previous Owner | $184,000 | No Value Available | |
| Previous Owner | $243,000 | No Value Available | |
| Closed | $73,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2024 07/08/24 | Sold | $985,000 | -0.5% | $356 / Sq Ft |
| 04/18/2024 04/18/24 | Pending | -- | -- | -- |
| 01/15/2024 01/15/24 | For Sale | $989,999 | -- | $357 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,844 | $695,376 | $611,680 | $83,696 |
| 2023 | $8,682 | $681,742 | $599,687 | $82,055 |
| 2022 | $8,293 | $668,376 | $587,929 | $80,447 |
| 2021 | $8,180 | $655,271 | $576,401 | $78,870 |
| 2019 | $7,942 | $635,837 | $559,305 | $76,532 |
| 2018 | $7,835 | $623,371 | $548,339 | $75,032 |
| 2016 | $6,058 | $480,000 | $420,700 | $59,300 |
| 2015 | $6,059 | $480,000 | $420,700 | $59,300 |
| 2014 | $5,793 | $445,000 | $390,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jules Kanhan
Seller's Agent in 2024
Jules Kanhan
Jules Laross Kanhan
(310) 356-7203
1 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24008430
APN: 6002-023-014
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