NOT LISTED FOR SALE
10 Beds
5 Baths
4,641 Sq Ft
5,954 Sq Ft Lot

Last Sold March 22, 2016

Last sale price $680,000 $147 Per Sq Ft

78 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Wall Furnace
  • Lincoln High School Rated A-

About This Home

As of March 2016

Centrally located and a great opportunity to own well maintained income producing units in the Heart of Los Angeles; within minutes to Down Town LA, Mount Washington, City of Glendale and City of Pasadena, close to freeways, shopping and so much more. All units are 2 bedrooms and 1 bath and a single family residence which is also 2 bedrooms and 1 bath and includes a bonus room.

Last Agent to Sell the Property

Mirna Morales

Mirna Morales Real Estate License #01078535 Listed on: 11/15/2015

Mirna Morales Real Estate

Last Buyer's Agent

Mirna Morales

Mirna Morales Real Estate License #01078535 Listed on: 11/15/2015

Mirna Morales Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,954 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Property Attached

Interior Spaces

  • 4,641 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5453
  • Tax Tract Number 17
  • Assessor Parcel Number 5453017008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,239
  • Professional Management Expense $840
  • Trash Expense $600
  • Water Sewer Expense $3,600
  • New Taxes Expense $9,987
  • Gross Income $4,423
  • Net Operating Income $45,441

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

5,954 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 840.00
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 5453017008
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 146.52

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 5954.00
  • Price Per Lot Square Foot: 114.21
  • Lot Size Acres: 0.1370

Multi Family

  • Gross Income: 4423.00
  • Gross Scheduled Income: 53076.00
  • Insurance Expense: 2239.00
  • Lot Size Area: 5954.0000 Square Feet
  • Net Operating Income: 45441.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 7635.00
  • Rent Control: Yes
  • Total Actual Rent: 4423.00

Tax Info

  • New Taxes Expense: 9987.00
  • Tax Lot: 5453
  • Tax Tract Number: 017
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2016 03/22/16 Sold $680,000 -14.9% $147 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
11/15/2015 11/15/15 For Sale $799,000 -- $172 / 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 $10,406 $804,974 $568,218 $236,756
2024 $10,406 $789,191 $557,077 $232,114
2023 $10,218 $773,717 $546,154 $227,563
2022 $9,770 $758,547 $535,446 $223,101
2021 $9,633 $743,675 $524,948 $218,727
2020 $9,721 $736,051 $519,566 $216,485
2019 $9,362 $721,620 $509,379 $212,241
2018 $9,267 $707,472 $499,392 $208,080
2016 $2,417 $145,248 $110,327 $34,921
2015 $2,392 $143,067 $108,670 $34,397
2014 $2,433 $140,266 $106,542 $33,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15247659

California Regional Multiple Listing Service (CRMLS)
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