NOT LISTED FOR SALE

7119 Templeton St Huntington Park, CA 90255

4 Beds
3 Baths
6,665 Sq Ft
7,754 Sq Ft Lot

Last Sold November 16, 2015

Last sale price $1,250,000 $188 Per Sq Ft

15 Days on Market

About This Home

As of November 2015

* All 2 Bedroom Units * No Rent Control * Building is 100% rented. Large front two bedroom two bath "house unit' with large kitchen,formal dining room and living room and indoor potential private laundry plus fireplace. Most units remodeled with wood flooring and new kitchens. Landscaping looks great. Parking: 4 Garages, 4 Carports, & Ample Street Parking * Excellent Rental Area * Conviently located between 710, 105. 110 & 5 Freeways.

Last Agent to Sell the Property

Frank Rosen

Titan Equities, Inc. License #00845284 Listed on: 08/24/2015

Last Buyer's Agent

Roya Aghaee

JohnHart Corp. License #01766083

JohnHart Corp.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,754 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage
  • 8 Carport Spaces
  • On-Street Parking

Interior Spaces

  • 6,665 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 41
  • Assessor Parcel Number 6322029019

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $5,277
  • Insurance Expense $3,942
  • Maintenance Expense $5,996
  • Other Expense $16,237
  • Professional Management Expense $4,797
  • Trash Expense $2,942
  • Gross Income $10,044
  • Net Operating Income $78,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • CapRate: 6.00
  • Professional Management Expense: 4797.00
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6322029019
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 187.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Garage Spaces: 4.00
  • Parking Features: Carport, Garage, Street
  • Total Parking Spaces: 24.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 2942.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7754.00
  • Price Per Lot Square Foot: 161.21
  • Lot Size Acres: 0.1780

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1050
  • Electric Expense: 5277.00
  • Gross Income: 10044.00
  • Gross Multiplier: 11.13
  • Gross Scheduled Income: 119928.00
  • Insurance Expense: 3942.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 7754.0000 Square Feet
  • Maintenance Expense: 5996.00
  • Net Operating Income: 78340.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 39191.00
  • Operating Expense Percent: 32.68
  • Other Expense: 16237.00
  • Other Expense Description: TAXES
  • Rent Control: No
  • Total Actual Rent: 9894.00
  • Vacancy Allowance: 3597
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 41
  • Tax Tract Number: 0000

Range of Values:

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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 Change Sq Ft Price
11/16/2015 11/16/15 Sold $1,250,000 -7.3% $188 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $1,349,000 -- $202 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15188295

California Regional Multiple Listing Service (CRMLS)