NOT LISTED FOR SALE

6518 S Hoover St Los Angeles, CA 90044

Vermont-Slauson Neighborhood

Estimated Value: $705,020 - $782,000

4 Beds
3 Baths
1,979 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 18, 2017

Last sale price $418,000 $211 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,499/month

12 Days on Market

Highlights

  • Granite Countertops
  • Wood Frame Window
  • Living Room
  • No HOA
  • Built-In Features
  • 3-minute walk to Hoover-Gage Mini Park

About This Home

As of May 2017

Investers 3 units! 1 2bedroom and 2 1bedrooms. all units have been updated or remodeled. Close 110, 105,10 freeways and downtown Los Angeles.

Last Agent to Sell the Property

Thomas Maxim

Thomas Maxim License #00677270 Listed on: 04/06/2017

Last Buyer's Agent

Luis Flores

The Real Estate Solution License #01379309

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,169

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 5,256 Sq Ft Lot
  • Lot Dimensions are 40x131.4
  • 1 Common Wall
  • West Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Fence is in good condition
  • No Landscaping
  • Rectangular Lot
  • Level Lot

Home Design

  • Triplex
  • Bungalow
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,979 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Wood Frame Window
  • Window Screens
  • Living Room

Kitchen

  • Six Burner Stove
  • Gas Cooktop
  • Free-Standing Range
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking
  • Parking Lot
  • Unassigned Parking

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 238
  • Assessor Parcel Number 6013015005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $1,200
  • Professional Management Expense $164
  • Operating Expense $1,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,169

Year Built

Built in 1914 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Improvements Amount: 108089
  • Improvements Percent: 44.00
  • Professional Management Expense: 164.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s), Window Bars
  • View: No
  • Zoning: LAC2
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6013015005
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile, Vinyl
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 211.22
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Insulated Windows, Screens, Wood Frames

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Exterior Features: Satellite Dish
  • Fence: Yes
  • Fencing: Block, Chain Link, Good Condition, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Plaster, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned, Uncovered, Driveway, Concrete, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: 6 Burner Stove, Free-Standing Range, Disposal, Gas Cooktop, Gas Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value: 132111
  • Lot Features: Level with Street, Rectangular Lot, Level, No Landscaping
  • Lot Size: 40x131.4
  • Lot Size Sq Ft: 5256.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Multiplier: 10.09
  • Gross Scheduled Income: 39384.00
  • Maintenance Expense: 1200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 3282.00
  • Total Expenses: 1364.00

Tax Info

  • Tax Area: 0-212
  • Tax Census Tract: 2376.00
  • Tax Lot: 238
  • Tax Annual Amount: 3169.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 23, 2017
Sold by
Hernandez William F
Bought by
Hernandez William F and Membreno Antonia
Seller's Agent
Thomas Maxim
Thomas Maxim
Buyer's Agent
Luis Flores
The Real Estate Solution
List Price
$397,500
Sold Price
$418,000
Premium/Discount to List
$20,500
5.16%
Current Estimated Value
$731,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,255
Avg. Annual Appreciation
7.01%
Original Mortgage
$218,000
Outstanding Balance
$190,774
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$540,481

Purchase Details

Listed on
Apr 6, 2017
Closed on
Apr 25, 2017
Sold by
Membreno Antonia
Bought by
Hemandez William F
Seller's Agent
Thomas Maxim
Thomas Maxim
Buyer's Agent
Luis Flores
The Real Estate Solution
List Price
$397,500
Sold Price
$418,000
Premium/Discount to List
$20,500
5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$190,774
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$540,481

Purchase Details

Listed on
Apr 6, 2017
Closed on
Apr 19, 2017
Sold by
Allen Clifton V
Bought by
Hernandez William F
Seller's Agent
Thomas Maxim
Thomas Maxim
Buyer's Agent
Luis Flores
The Real Estate Solution
List Price
$397,500
Sold Price
$418,000
Premium/Discount to List
$20,500
5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$190,774
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$540,481

Purchase Details

Closed on
Jul 31, 2003
Sold by
Claiborne Joyce M
Bought by
Allen Clifton V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hernandez William F -- None Available
Hemandez William F -- Wfg National Title Ins Co
Hernandez William F $418,000 Wfg National Title Ins Co
Allen Clifton V -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez William F $218,000
Previous Owner Allen Clifton $233,700
Previous Owner Allen Clifton V $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2017 05/18/17 Sold $418,000 +5.2% $211 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $397,500 -- $201 / 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 $6,176 $485,119 $348,173 $136,946
2024 $6,176 $475,608 $341,347 $134,261
2023 $6,067 $466,283 $334,654 $131,629
2022 $5,801 $457,142 $328,093 $129,049
2021 $5,722 $448,179 $321,660 $126,519
2020 $5,776 $443,584 $318,362 $125,222
2019 $5,559 $434,887 $312,120 $122,767
2018 $5,435 $426,360 $306,000 $120,360
2016 $3,169 $240,200 $132,111 $108,089
2015 $3,126 $236,593 $130,127 $106,466
2014 $3,158 $231,959 $127,578 $104,381
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Thomas Maxim

    Thomas Maxim

    (310) 350-5677

    8 Total Sales

    Section Image

  • L

    Buyer's Agent in 2017

    Luis Flores

    The Real Estate Solution

    (562) 209-2236

    13 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17072057

California Regional Multiple Listing Service (CRMLS)

APN: 6013-015-005

California Los Angeles County Los Angeles 90044 Vermont-Slauson

6518 S Hoover St, Los Angeles, CA

This home is located at 6518 S Hoover St, Los Angeles, CA 90044 since 06 April 2017 and is currently estimated at $731,255, approximately $369 per square foot. This property was built in 1914. 6518 S Hoover St is a home located in Los Angeles County with nearby schools including Mary McLeod Bethune Middle School, Academy For Multiligual Arts And Science At Mervyn M. Dymally High, and Budlong Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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