NOT LISTED FOR SALE

Estimated Value: $850,000 - $2,678,000

5 Beds
5 Baths
6,684 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $2,450,000 $367 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $13,522/month

35 Days on Market

Highlights

  • New Construction
  • Dual Staircase
  • Laundry Room
  • All Bedrooms Downstairs
  • Granite Countertops
  • Heating Available

About This Home

As of October 2023

Lyons Stahl and Pacific Peak are proud to present this exclusive brand-new 4 -unit construction (July, 2023) with two spacious ADU. There are a total of 6 units combined consisting of (4) 4 Bed / 4 Bath & (2) 1 Bed / 1Bath. This pristine asset also offers a unique opportunity for buyer to qualify for traditional residential financing. Yes, that means 20% downpayment is enough to acquire. The units are all spacious and flow very nicely. Rental Sq. Ft totals 6,750. Ft. All units include refrigerator, stove and microwave. The 4 Bed units are 3 stories and the (2) 1 Bed units are all on the first floor. All units have a heating system and the (2) 1 Bedrooms have AC. All (4) 4 Beds are tankless Gas, and all (2) 1 Bed units are electrical. There are a total of 2 Water Meters, 6 Electrical Meters, and 4 Gas Meters.The entire building has high-end laminate floors, colorful tiled bathrooms, and recess lighting and fans. The entire lot is boarded by a new metal fence and wood panels. This property is completely turnkey and suitable for an investor or owner user. Located just 3.5 miles from Sofi Stadium and the Forum, 4 miles to USC and BMO Stadium, 8 miles to Downtown LA, and 10 miles from LAX, this property offers proximity to major attractions and employment hubs. With convenient access to the 110, 105, 10, and 405 freeways, commuting to various destinations. All units are vacant. Property is marketed at 6.375 CAP upon lease completion.

Last Agent to Sell the Property

Evelyn Baez Gonzalez

Lyon Stahl Investment Real Estate, Inc. License #02103055 Listed on: 07/24/2023

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,690

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,198 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 6,684 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Driveway

Utilities

  • Heating Available
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 48
  • Tax Tract Number 238
  • Assessor Parcel Number 6032019001
  • $301 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $5,200
  • Trash Expense $600
  • Operating Expense $55,908
  • Net Operating Income $156,132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,690

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Price Per Unit: 408333
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Zoning: LAR3
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6032019001
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Granite Counters
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 366.55
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven
  • Electric: Standard
  • Heating Type: Electric
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6198.00
  • Lot Size Acres: 0.1423

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 2232000.00
  • Insurance Expense: 5200.00
  • Lot Size Area: 6198.0000 Square Feet
  • Net Operating Income: 156132.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 6
  • Number Wall A C: 2
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Refrigerator: 6
  • Operating Expense: 55908.00
  • Rent Control: No
  • Total Actual Rent: 19400.00
  • Total Expenses: 55908.00

Tax Info

  • Tax Census Tract: 2383.20
  • Tax Lot: 48
  • Tax Tract Number: 238...
  • TaxOtherAnnualAssessmentAmount: 301.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Sep 7, 2023
Sold by
Bd Ventures 1 Llc
Bought by
Yun Steven and Yun Kerry
Seller's Agent
Evelyn Baez Gonzalez
Lyon Stahl Investment Real Estate, Inc.
List Price
$2,599,000
Sold Price
$2,450,000
Premium/Discount to List
-$149,000
-5.73%
Views
122
Current Estimated Value
$2,043,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$406,478
Avg. Annual Appreciation
-9.02%
Original Mortgage
$1,837,500
Interest Rate
8.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2019
Closed on
Sep 18, 2019
Sold by
Delcarmen Maria Del
Bought by
Hale Management Llc
Seller's Agent
Yolanda Gonzalez
Resolution Brokers
Buyer's Agent
Sandra Alvarez
American Team Properties
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.92%

Purchase Details

Closed on
Sep 6, 2005
Sold by
Delcarmen Juan B
Bought by
Delcarmen Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
9.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2005
Sold by
Castro Aaron
Bought by
Delcarmen Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
9.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 1997
Sold by
Castro Ernestina
Bought by
Castro Aaron

Purchase Details

Closed on
Oct 4, 1994
Sold by
Castro Ernestina M
Bought by
Castro Ernestina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.86%
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
Yun Steven $2,450,000 Usa National Title
Hale Management Llc $650,000 Westminster Title Co
Delcarmen Maria -- Ticor Title Co Glendale
Delcarmen Maria $340,000 Ticor Title Co Glendale
Castro Aaron -- --
Castro Ernestina M -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yun Steven $1,865,000
Closed Yun Steven $1,837,500
Previous Owner Delcarmen Maria $404,100
Previous Owner Delcarmen Maria $323,000
Previous Owner Castro Aaron $200,000
Previous Owner Castro Ernestina M $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $2,450,000 0.0% $367 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $2,450,000 -5.7% $367 / Sq Ft
07/24/2023 07/24/23 For Sale $2,599,000 +299.8% $389 / Sq Ft
10/24/2019 10/24/19 Sold $650,000 0.0% $732 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $650,000 -- $732 / 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 $29,690 $2,499,000 $1,739,100 $759,900
2024 $29,690 $2,450,000 $1,705,000 $745,000
2023 $8,496 $683,263 $551,867 $131,396
2022 $8,108 $669,867 $541,047 $128,820
2021 $8,009 $656,734 $530,439 $126,295
2019 $5,098 $416,509 $333,211 $83,298
2018 $4,977 $408,343 $326,678 $81,665
2016 $4,758 $392,489 $313,994 $78,495
2015 $4,689 $386,594 $309,278 $77,316
2014 $4,711 $379,022 $303,220 $75,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23134723

California Regional Multiple Listing Service (CRMLS)

APN: 6032-019-001