D
Seller's Agent in 2014
Don Vogt
Vogt & Associates, Inc.
7509 S Broadway Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $4,062,747
24
Beds
10
Baths
17,160
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- 0.44 Acre Lot
- No HOA
- Resident Manager or Management On Site
- Spanish Architecture
- Side by Side Parking
- Laundry Room
About This Home
As of November 2014Four two story buildings each containing four units on large lot across the street from 77th Precinct station. Unit mix includes 8 three bedroom 1 bath, 4 two bedroom one bath and 4 one bedroom one bath units. Two laundry rooms and a large parking lot for 20 cars. Units are fully occupied with low turnover. Seller reserves the right to elect 1031 tax deferred exchange. Buyer to cooperate at no additional cost to buyer.
Last Agent to Sell the Property
Don Vogt
Vogt & Associates, Inc. Listed on: 05/30/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $39,686
Year Built
- Built in 1960 | Remodeled
Lot Details
- 0.44 Acre Lot
- 1 Common Wall
- Wrought Iron Fence
- Block Wall Fence
- Density is 11-15 Units/Acre
Home Design
- Spanish Architecture
- Property Attached
- Entry on the 1st floor
- Combination Foundation
- Composition Roof
- Vertical Siding
- Stucco
Interior Spaces
- 17,160 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Window Screens
- Gas Cooktop
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 24 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 20 Parking Spaces
- Parking Available
- Side by Side Parking
- Assigned Parking
Additional Features
- Exterior Lighting
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 030 / 010
- Tax Tract Number 6031
- Assessor Parcel Number 6031010030
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 16 Units
Building Details
- 16 Leased Units
- Rent Control
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Gross Income $18,001
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 22, 2017
Sold by
Green4 Llc
Bought by
Mcm 26 Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,634,000
Outstanding Balance
$409,592
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$3,653,155
Purchase Details
Listed on
May 30, 2014
Closed on
Oct 5, 2014
Sold by
7509-7521 Broadway Lp
Bought by
Green4 Llc
Seller's Agent
Don Vogt
Vogt & Associates, Inc.
Buyer's Agent
Mike Iryami
BRC Advisors- BH
List Price
$2,249,900
Sold Price
$1,920,000
Premium/Discount to List
-$329,900
-14.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$1,420,000
Interest Rate
4.16%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 11, 2005
Sold by
Ake Properties Lp
Bought by
7509-7521 Broadway Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,256,250
Interest Rate
5.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 18, 2003
Sold by
Flores Jose O and Flores Delfina
Bought by
Ake Properties Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 19, 2000
Sold by
Flores Jose O and Flores Delfina
Bought by
Flores Jose O and Flores Delfina
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcm 26 Properties Llc | $2,759,000 | Stewart Title | |
| Green4 Llc | $1,920,000 | Nations Title Company | |
| 7509-7521 Broadway Lp | $1,675,000 | United Title Company La | |
| Ake Properties Lp | -- | United Title Co Los Angeles | |
| Flores Jose O | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcm 26 Properties Llc | $1,634,000 | |
| Previous Owner | Green4 Llc | $1,420,000 | |
| Previous Owner | 7509-7521 Broadway Lp | $1,256,250 | |
| Previous Owner | Ake Properties Lp | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2014 11/19/14 | Sold | $1,920,000 | -14.7% | $112 / Sq Ft |
| 11/14/2014 11/14/14 | Pending | -- | -- | -- |
| 01/25/2014 01/25/14 | For Sale | $2,249,900 | -- | $131 / 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 | $39,686 | $3,139,266 | $1,137,827 | $2,001,439 |
| 2024 | $39,686 | $3,077,713 | $1,115,517 | $1,962,196 |
| 2023 | $38,953 | $3,017,367 | $1,093,645 | $1,923,722 |
| 2022 | $37,218 | $2,958,203 | $1,072,201 | $1,886,002 |
| 2021 | $36,693 | $2,900,200 | $1,051,178 | $1,849,022 |
| 2019 | $35,638 | $2,814,180 | $1,020,000 | $1,794,180 |
| 2018 | $35,158 | $2,759,000 | $1,000,000 | $1,759,000 |
| 2017 | $25,521 | $1,988,265 | $517,777 | $1,470,488 |
| 2016 | $24,776 | $1,949,280 | $507,625 | $1,441,655 |
| 2015 | $24,430 | $1,920,000 | $500,000 | $1,420,000 |
| 2014 | -- | $2,005,821 | $784,588 | $1,221,233 |
Source: Public Records
Agents Affiliated with this Home
-
-
Mike Iryami
M
Buyer's Agent in 2014
Mike Iryami
BRC Advisors- BH
(310) 753-8153
3 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB14018589
APN: 6031-010-030
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