NOT LISTED FOR SALE

Estimated Value: $909,309

2 Beds
1 Bath
3,120 Sq Ft
$291/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2024

Last sale price $945,000 $303 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,976 / mo

40 Days on Market

Highlights

  • Spanish Architecture
  • Accessible Parking
  • 4 Car Garage
  • No HOA
  • Central Heating
  • Carpet

About This Home

As of September 2024

EXCELLENT PROPERTY FOR 1ST TIME BUYERS AND OR INVESTORS! THIS IS WONDERFUL QUADRUPLEX LOCATED IN LOS ANGELES SOUTHWEST AREA. 3 UNITS OCCUPIED AND ONE UNDER AIRBNB, CURRENTLY USED AS AN AIRBNB RENTAL TO ACCOMODATE AN OWNER OCCUPIED BUYER. AIRBNB UNIT HAS NEW CARPET, PAINT, REMODELED KITCHEN, BATHROOM AND MANY EXTRAS, FURNITURE FOR AIRBNB UNIT COULD BE SOLD AS WELL SHOULD ANY BUYER BE INTERESTED IN IT. OTHER 3 UNITS ARE UNDER LONG TERM CONTRACTS. CONDITION UNKNOWN BUT, AS PER SELLER, PHYSICAL CONDITION IN ALL OTHER 3 UNITS IS AVERAGE. KEEP IN MIND THESE PROPERTIES ARE UNDER RENT CONTROL AREA AND UNITS MUST BE KEPT UP TO CITY INSPECTION STANDARDS. THANK YOU!

Last Agent to Sell the Property

Luis Bautista

Luis A Bautista Brokerage Phone: 323 841-3759 License #01239842 Listed on: 06/18/2024

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 4,801 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Spanish Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed

Interior Spaces

  • 3,120 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Accessible Home Design

  • Accessible Parking

Utilities

  • Central Heating
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 4 / 7
  • Tax Tract Number 5556
  • Assessor Parcel Number 4007015014
  • $473 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,500
  • Trash Expense $100
  • Water Sewer Expense $400
  • New Taxes Expense $12,198
  • Operating Expense $500
  • Gross Income $71,809
  • Net Operating Income $71,309

Property Details

Home Type

Multi-Family

Year Built

Built in 1950 | Remodeled

Lot Details

4,801 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 400.00
  • Zoning: LAR3
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4007015014
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 302.88

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Paved, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4801.00
  • Lot Size Acres: 0.1102

Rental Info

  • Garage Rental Rate: 1200.00
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 780 Square Feet
  • Gross Operating Income: 71809.00
  • Gross Scheduled Income: 79788.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 4801.0000 Square Feet
  • Net Operating Income: 71309.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 500.00
  • Rent Control: Yes
  • Total Expenses: 500.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 12198.00
  • Tax Block: 7
  • Tax Census Tract: 2348.00
  • Tax Lot: 4
  • Tax Tract Number: 5556
  • TaxOtherAnnualAssessmentAmount: 473.00

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
Jun 18, 2024
Closed on
Aug 1, 2024
Sold by
Bought by
Seller's Agent
Luis Bautista
Luis A Bautista
List Price
$975,900
Sold Price
$945,000
Premium/Discount to List
-$30,900
-3.17%
Views
9
Current Estimated Value
$909,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,691
Avg. Annual Appreciation
-2.05%
Original Mortgage
$927,883
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 31, 2023
Closed on
Apr 2, 2024
Sold by
Bought by
Seller's Agent
Andrew Malekie
Link Brokerages
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$825,000
Sold Price
$815,000
Premium/Discount to List
-$10,000
-1.21%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.01%
Original Mortgage
$611,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2023
Closed on
Feb 7, 2024
Sold by
Bought by
Seller's Agent
Andrew Malekie
Link Brokerages
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$825,000
Sold Price
$815,000
Premium/Discount to List
-$10,000
-1.21%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hyde Park, CA

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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
$945,000 Provident Title Company
-- Provident Title
$815,000 Provident Title
-- None Available
-- Fidelity National Title Co
$362,500 Fidelity National Title Co
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
Previous Owner $927,883
Previous Owner $611,250
Previous Owner $611,250
Previous Owner $217,890
Previous Owner $217,500
Previous Owner $125,000
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 Prior Sale
09/23/2024 09/23/24 Sold $945,000 -3.2% $303 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $975,900 +19.7% $313 / Sq Ft
04/04/2024 04/04/24 Sold $815,000 -1.2% $261 / Sq Ft View Prior Sale
01/22/2024 01/22/24 Pending -- -- --
10/31/2023 10/31/23 For Sale $825,000 -- $264 / 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 $11,733 $945,000 $755,000 $190,000
2024 $6,069 $466,797 $321,932 $144,865
2023 $5,962 $457,645 $315,620 $142,025
2022 $5,700 $448,673 $309,432 $139,241
2021 $5,613 $439,876 $303,365 $136,511
2019 $5,453 $426,831 $294,368 $132,463
2018 $5,371 $418,463 $288,597 $129,866
2016 $5,113 $402,216 $277,392 $124,824
2015 $5,042 $396,176 $273,226 $122,950
2014 $5,084 $388,416 $267,874 $120,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24124732

California Regional Multiple Listing Service (CRMLS)

APN: 4007-015-014

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