NOT LISTED FOR SALE

Estimated Value: $871,000 - $1,301,000

9 Beds
5 Baths
4,128 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 02, 2016

Last sale price $590,000 $143 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,430/month

42 Days on Market

About This Home

As of July 2016

Location, Location , Location. Great Income property in the heart of Los Angeles. These 4 units are a rare find. (3 units) are 2 Bedroom 1 bath and (1 unit) is 3 Bedroom 2 Bath. Units are spacious total square feet (4,128). Property offers extra storage space, can be used as a laundry room as well.
2 units to be delivered vacant.

Last Agent to Sell the Property

Maricela Lizarraga

Century 21 Allstars License #01789336 Listed on: 04/26/2016

Century 21 Allstars

Last Buyer's Agent

ALVIN BENIPAYO

California Real Estate & inves License #01085934

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,100 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • 4,128 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6029023015

Community Details

Overview

  • 10 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $70
  • Fuel Expense $45
  • Insurance Expense $150
  • Trash Expense $100
  • Water Sewer Expense $300
  • New Taxes Expense $7,800
  • Operating Expense $9,600
  • Gross Income $2,970
  • Net Operating Income $2,970

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 6029023015
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 142.93

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5100.00
  • Price Per Lot Square Foot: 115.69
  • Lot Size Acres: 0.1170

Multi Family

  • Electric Expense: 70.00
  • Fuel Expense: 45.00
  • Gross Income: 2970.00
  • Gross Scheduled Income: 3770.00
  • Insurance Expense: 150.00
  • Lot Size Area: 5100.0000 Square Feet
  • Net Operating Income: 2970.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 800.00
  • Rent Control: Yes
  • Total Expenses: 9600.00

Tax Info

  • New Taxes Expense: 7800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Feingold Moshe A and Feingold Gittle
Bought by
Mbla Properties Llc
Current Estimated Value
$1,090,475

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 10, 2016
Sold by
Lowell Henry Cleaver Corporation
Bought by
Feingold Moshe A and Feingold Gittle
Seller's Agent
Maricela Lizarraga
Century 21 Allstars
Buyer's Agent
ALVIN BENIPAYO
California Real Estate & inves
List Price
$630,000
Sold Price
$590,000
Premium/Discount to List
-$40,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$442,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2004
Sold by
Armstrong Desmond and Armstrong Henry
Bought by
Armstrong Desmond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
7.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mbla Properties Llc -- --
Mbla Properties Llc -- --
Feingold Moshe A $590,000 Old Republic Title Company
Armstrong Desmond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feingold Moshe A $442,500
Previous Owner Armstrong Desmond $363,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2016 07/02/16 Sold $590,000 -6.3% $143 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $630,000 -- $153 / 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
2025 $8,595 $684,740 $348,173 $336,567
2024 $8,595 $671,315 $341,347 $329,968
2023 $8,436 $658,153 $334,654 $323,499
2022 $8,053 $645,249 $328,093 $317,156
2021 $7,936 $632,598 $321,660 $310,938
2019 $7,704 $613,836 $312,120 $301,716
2018 $7,629 $601,800 $306,000 $295,800
2016 $1,498 $95,011 $14,472 $80,539
2015 $1,481 $93,585 $14,255 $79,330
2014 $1,513 $91,753 $13,976 $77,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16088133

California Regional Multiple Listing Service (CRMLS)

APN: 6029-023-015