NOT LISTED FOR SALE

6643 E Olympic Blvd Los Angeles, CA 90022

Estimated Value: $888,000 - $992,000

9 Beds
9 Baths
5,090 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $1,210,000 $238 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $5,760/month

62 Days on Market

About This Home

As of March 2016

Great Investment opportunity. Centrally located to all transportation and shops. 2 story 4 unit property is being sold with 5 unit sister building making a total of 9 units. Please note that you are purchasing two buildings on separate APN #s the total lot size being purchased is approximately 10,000 and the total living is approximately 5090 sq ft. Please see private remarks for additional information .

Last Agent to Sell the Property

Mona Cohen

Coldwell Banker Realty License #01363251 Listed on: 11/13/2015

Coldwell Banker Realty

Last Buyer's Agent

Eliza Kerndian

Keller Williams Beverly Hills License #01398836

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,804

Year Built

  • Built in 1948

Lot Details

  • 10,000

Parking

  • 4 Car Garage

Interior Spaces

  • 5,090 Sq Ft Home
  • Laminate Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Additional Features

  • 10,000 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 6351-007-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,804

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5090
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 254.42

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Electric Expense: 400.00
  • Heating: Wall
  • Water Expense: 3643.00

Fee Information

  • Gas Expense: 300.00
  • Insurance Expense: 3500.00
  • Maintenance Expense: 3000.00

Lot Info

  • Assessed Improvement Value: 166472
  • Assessed Land Value: 247024
  • Assessor Parcel Number: 6351-007-026
  • Geocode Override: No
  • Lot Size Area: 10000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 11.82
  • Number Of Units: 9
  • Total Annual Expense: 28393
  • Type Of Units: apartment
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 16625.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2015
Closed on
Apr 20, 2016
Sold by
Danial Sirous
Bought by
Arisi Investments Llc
Seller's Agent
Mona Cohen
Coldwell Banker Realty
Buyer's Agent
Eliza Kerndian
Keller Williams Beverly Hills
List Price
$1,330,000
Sold Price
$1,210,000
Premium/Discount to List
-$120,000
-9.02%
Current Estimated Value
$932,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$277,667
Avg. Annual Appreciation
-2.69%
Original Mortgage
$726,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 13, 2015
Closed on
Mar 21, 2016
Sold by
Dulce Vida Properties Llc
Bought by
Danial Sirous
Seller's Agent
Mona Cohen
Coldwell Banker Realty
Buyer's Agent
Eliza Kerndian
Keller Williams Beverly Hills
List Price
$1,330,000
Sold Price
$1,210,000
Premium/Discount to List
-$120,000
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2010
Sold by
Negrete Vida F and Estate Of Helen Arismendez
Bought by
Khadavi Alex A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arisi Investments Llc -- Accommodation
Danial Sirous $1,210,000 None Available
Dulce Vida Properties Llc -- None Available
Khadavi Alex A $385,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dulce Vida Properties Llc $726,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $1,210,000 -9.0% $238 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $1,330,000 -- $261 / Sq Ft
Source: The MLS

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 $9,804 $661,527 $406,201 $255,326
2024 $9,804 $648,557 $398,237 $250,320
2023 $9,470 $635,841 $390,429 $245,412
2022 $9,177 $623,374 $382,774 $240,600
2021 $8,892 $611,152 $375,269 $235,883
2019 $8,587 $593,028 $364,140 $228,888
2018 $8,749 $581,400 $357,000 $224,400
2017 $8,708 $581,400 $357,000 $224,400
2016 $6,752 $419,801 $250,791 $169,010
2015 $6,416 $413,496 $247,024 $166,472
2014 $6,307 $405,398 $242,186 $163,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-958957

The MLS

APN: 6351-007-026