$485,000
SOLD APR 22, 2016

6563 Southside Dr Los Angeles, CA 90022

1 Bed
1 Bath
1,864 Sq Ft
4,913 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

18% Below List Price

327 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wall Furnace

About This Home

As of August 2024

GREAT LOCATION, GREAT RENTAL OPPORTUNITY, EACH UNIT HAS ONE BEDROOM AND ONE BATHROOM, ALL UNITS ARE WELL MAINTAINED. EACH UNIT HAS ONE CAR GARAGE SPACE.

Last Agent to Sell the Property

TERESITA UMALI

GMS REALTY License #01253880 Listed on: 10/26/2015

Last Buyer's Agent

TERESITA UMALI

GMS REALTY License #01253880 Listed on: 10/26/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,448

Year Built

  • Built in 1953

Lot Details

  • 4,913 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 1,864 Sq Ft Home
  • 2-Story Property
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 510
  • Tax Tract Number 8649
  • Assessor Parcel Number 6351016020

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
  • Electric Expense $100
  • Insurance Expense $985
  • Trash Expense $50
  • Water Sewer Expense $50
  • New Taxes Expense $2,375
  • Gross Income $3,200
  • Net Operating Income $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,448

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Other Phone Description: OFFICE
  • Other Phone Number: 909-980-1494
  • Property Attached: Yes
  • Water Sewer Expenses: 50.00
  • Property Type: Residential Income
  • Parcel Number: 6351016020
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 260.19

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4913.00
  • Lot Size Acres: 0.1130

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 3200.00
  • Gross Scheduled Income: 3050.00
  • Insurance Expense: 985.00
  • Lot Size Area: 4913.0000 Square Feet
  • Net Operating Income: 100.00
  • 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: 100.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 2375.00
  • Tax Lot: 510
  • Tax Tract Number: 8649
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
All Cash Baby Llc
Bought by
Valenzuela Cristina Danielle
Current Estimated Value
$1,226,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2021
Sold by
Paredes Miguel
Bought by
All Cash Baby Llc

Purchase Details

Closed on
Jun 10, 2021
Sold by
All Cash By Llc
Bought by
Paredes Miguel

Purchase Details

Listed on
Jan 9, 2021
Closed on
Mar 2, 2021
Sold by
Hernandez Carlos
Bought by
All Cash Baby Llc
Seller's Agent
Diana Hernandez
T.N.G. Real Estate Consultants
Buyer's Agent
Matilda Jimenez
LA Gold Realty Inc.
List Price
$749,000
Sold Price
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%
Original Mortgage
$750,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 26, 2015
Closed on
Apr 21, 2016
Sold by
Hernandez Christina
Bought by
Hernandez Carlos
Seller's Agent
TERESITA UMALI
GMS REALTY
Buyer's Agent
TERESITA UMALI
GMS REALTY
List Price
$595,000
Sold Price
$485,000
Premium/Discount to List
-$110,000
-18.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$339,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2015
Closed on
Mar 10, 2016
Sold by
Cunanan Maria Zenaida F and The Alfonso V Reynoso & Maria
Bought by
Hernandez Carlos
Seller's Agent
TERESITA UMALI
GMS REALTY
Buyer's Agent
TERESITA UMALI
GMS REALTY
List Price
$595,000
Sold Price
$485,000
Premium/Discount to List
-$110,000
-18.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2006
Sold by
Reynoso Alfonso V and Reynoso Maria C
Bought by
Reynoso Alfonso V and Reynoso Maria C F
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,205,000 Fidelity National Title
Grant Deed -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Quit Claim Deed -- Accommodation
Grant Deed $749,000 Clear Mark Title
Interfamily Deed Transfer -- Provident Title
Grant Deed $485,000 Provident Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $855,000 New Conventional
Previous Owner $750,000 Commercial
Previous Owner $339,500 New Conventional
Previous Owner $100,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $1,205,000 +6.7% $646 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,129,000 +50.7% $606 / Sq Ft
03/23/2021 03/23/21 Sold $749,000 0.0% $402 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $749,000 +54.4% $402 / Sq Ft
04/22/2016 04/22/16 Sold $485,000 -18.5% $260 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
04/15/2015 04/15/15 For Sale $595,000 -- $319 / 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
2024 $11,448 $794,843 $476,481 $318,362
2023 $11,119 $779,259 $467,139 $312,120
2022 $10,765 $763,980 $457,980 $306,000
2021 $7,940 $530,415 $318,250 $212,165
2020 $7,890 $525,477 $314,987 $210,490
2019 $7,674 $515,184 $308,811 $206,373
2018 $7,805 $505,093 $302,756 $202,337
2016 $2,510 $64,148 $21,924 $42,224
2015 $2,447 $63,185 $21,595 $41,590
2014 $2,399 $61,948 $21,172 $40,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15083991

California Regional Multiple Listing Service (CRMLS)

APN: 6351-016-020