Seller's Agent in 2015
Brett Smith
Notch Luxury Properties
(949) 929-6351
68 Total Sales
744 Hyperion Ave Los Angeles, CA 90029
Silver Lake Neighborhood
8
Beds
4
Baths
5,000
Sq Ft
7,505
Sq Ft Lot
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- John Marshall Senior High Rated A
- Laundry Room
- 4-minute walk to Bellevue Park Recreation Center
About This Home
As of January 2015This NON-RENT CONTROL is located near Silverlake, Hollywood and Korea town. This gated building consists of Five 2 bedroom, 1.5 bath units. There are Five tandem parking spaces in the rear plus a central laundry area that produces extra income. This is a very low maintenance building. Each unit has it's own meter for electricity and gas. Water and trash are covered by the owner. Most of the tenants have been in the building for over 15 years+. The rent is very low and does not reflect the UPSIDE POTENTIAL of true market rates. NO ON-SITE MANAGER NEEDED! Please DO NOT WALK the property or DISTURB the tenants. Property will be conveyed fully rented.
Last Agent to Sell the Property
Notch Luxury Properties License #01365189 Listed on: 11/14/2014
Last Buyer's Agent
FANNY CHAN
MANDARIN REALTY 1 Corp License #00946537
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Lot Details
- 7,505 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- 5,000 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 10 Parking Spaces
- Parking Available
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 21
- Tax Tract Number 1959
- Assessor Parcel Number 5427011024
Community Details
Overview
- No Home Owners Association
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Electric Expense $750
- Insurance Expense $1,200
- Maintenance Expense $2,000
- Trash Expense $924
- Gross Income $7,895
- Net Operating Income $89,952
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2015 01/05/15 | Sold | $1,550,000 | 0.0% | $310 / Sq Ft |
| 12/06/2014 12/06/14 | Pending | -- | -- | -- |
| 11/14/2014 11/14/14 | For Sale | $1,550,000 | -- | $310 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,118 | $1,862,860 | $1,382,123 | $480,737 |
| 2024 | $23,118 | $1,826,334 | $1,355,023 | $471,311 |
| 2023 | $22,683 | $1,790,524 | $1,328,454 | $462,070 |
| 2022 | $21,666 | $1,755,416 | $1,302,406 | $453,010 |
| 2021 | $21,381 | $1,720,997 | $1,276,869 | $444,128 |
| 2019 | $20,758 | $1,671,254 | $1,238,998 | $432,256 |
| 2018 | $20,597 | $1,638,510 | $1,214,704 | $423,806 |
| 2016 | $19,621 | $1,573,637 | $1,167,537 | $406,100 |
| 2015 | $9,485 | $723,045 | $289,216 | $433,829 |
| 2014 | $9,543 | $708,882 | $283,551 | $425,331 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Smith
-
F
Buyer's Agent in 2015
FANNY CHAN
MANDARIN REALTY 1 Corp
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC14242281
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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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