$1,575,000
$225K PRICE DROP

Estimated payment $9,497/month

Total Views 5,255
7 Beds
3 Baths
3,370 Sq Ft
$467 Price per Sq Ft

Highlights

  • Living Room
  • Halls are 36 inches wide or more
  • Wall Furnace
  • Laundry Room
  • Level Lot
  • 2-minute walk to Hollywood Recreational Center

About This Home

2nd Price reducetion. Also see remark on the property 6416 La Mirada Avenue. COE must be concurrent with the 6416 La Mirada Avenue.

Listing Agent

Gus Shekofte

Beverly and Company Brokerage Phone: 818-716-7400 License #01141576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,671

Year Built

  • Built in 1921

Lot Details

  • 6,982 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • 5533-004-009

Home Design

  • Apartment
  • Planned Development
  • Partial Copper Plumbing

Interior Spaces

  • 3,370 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room

Kitchen

  • Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Halls are 36 inches wide or more
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 5533
  • Tax Tract Number 9
  • Assessor Parcel Number 5533004009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,360
  • Maintenance Expense $2,000
  • Water Sewer Expense $1,500
  • New Taxes Expense $22,500
  • Operating Expense $28,622
  • Gross Income $86,724
  • Net Operating Income $56,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,671

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 393750
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5533004009
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial, Unfurnished
  • Stories: 2
  • Entry Location: property front
  • Common Walls: 1 Common Wall
  • Accessibility Features: 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 467.36
  • Room Type: Entry, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 5533-004-009
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 6982.00
  • Lot Size Acres: 0.1603

Multi Family

  • Gross Income: 86724.00
  • Gross Operating Income: 84122.00
  • Gross Scheduled Income: 86724.00
  • Insurance Expense: 2360.00
  • Lot Size Area: 6982.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 56370.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 2
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 28622.00
  • Operating Expense Percent: 33.00
  • Rent Control: Yes
  • Total Expenses: 28622.00
  • Vacancy Allowance: 2602
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22500.00
  • Tax Lot: 5533
  • Tax Tract Number: 009

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $8,671 $671,611 $496,023 $175,588
2023 $8,515 $658,444 $486,298 $172,146
2022 $8,139 $645,534 $476,763 $168,771
2021 $8,024 $632,877 $467,415 $165,462
2020 $8,100 $626,389 $462,623 $163,766
2019 $7,794 $614,107 $453,552 $160,555
2018 $7,628 $602,066 $444,659 $157,407
2016 $7,274 $578,690 $427,394 $151,296
2015 $7,171 $569,999 $420,975 $149,024
2014 $7,220 $558,834 $412,729 $146,105
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2025 02/09/25 Price Changed $1,575,000 -1.6% $467 / Sq Ft
07/16/2024 07/16/24 Price Changed $1,600,000 -5.9% $475 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,700,000 -5.6% $504 / Sq Ft
02/20/2024 02/20/24 For Sale $1,800,000 -- $534 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title
Quit Claim Deed -- --
Grant Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 Unknown
Closed $335,965 FHA
Previous Owner $337,487 FHA
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24033196

California Regional Multiple Listing Service (CRMLS)

APN: 5533-004-009