NOT LISTED FOR SALE

801 W 97th St Los Angeles, CA 90044

Vermont Vista Neighborhood
4 Beds
3 Baths
5,710 Sq Ft
0.46 Acres

Last Sold November 21, 2012

Last sale price $690,000 $121 Per Sq Ft

7 Days on Market

About This Home

As of November 2012

The subject property offers an investor the rare opportunity to acquire a property that consists of two craftsman-style homes and seven single-story units on a large lot. *BANK REO, NEW CENTRAL A/C, NEW DOUBLE-PANED WINDOWS, INDIVIDUAL HOT WATER HEATERS, NEW ELECTRICAL PANELS, LARGE UNITS, WASHER/DRYER HOOKUPS, HUGE 20,000 SQUARE FOOT LOT.

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 11/06/2012

Last Buyer's Agent

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 11/06/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 0.46

Home Design

  • 5,710 Sq Ft Home
  • Mansard Roof Shape
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 0.46 Acre Lot
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 6054001018

Community Details

Overview

  • 3 Buildings
  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Maintenance Expense $6,000
  • Other Expense $500
  • Pest Control $420
  • Trash Expense $3,500
  • Water Sewer Expense $3,500
  • New Taxes Expense $9,487
  • Gross Income $7,460
  • Net Operating Income $59,637

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 9.10
  • Price Per Unit: 72778
  • View: No
  • Water Sewer Expenses: 3500.00
  • Property Type: Residential Income
  • Parcel Number: 6054001018
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 120.84

Exterior Features

  • Pool Private: No
  • Roof: Mansard
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 420.00
  • Trash Expense: 3500.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 20001.00
  • Lot Size Acres: 0.4590

Multi Family

  • Gross Income: 7460.00
  • Gross Multiplier: 7.32
  • Gross Scheduled Income: 89520.00
  • Gross Spendable Income: 59637.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 20001.0000 Square Feet
  • Maintenance Expense: 6000.00
  • Net Operating Income: 59637.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 25407.00
  • Operating Expense Percent: 28.00
  • Other Expense: 500.00
  • Other Expense Description: Admin
  • Vacancy Allowance: 4476
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 9487.00

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
11/21/2012 11/21/12 Sold $690,000 +5.3% $121 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
11/06/2012 11/06/12 For Sale $655,000 -- $115 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doug Rodermund

    Seller's Agent in 2012

    Doug Rodermund

    Morgan Skenderian

    (949) 295-8560

    20 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P840273

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90044 Vermont Vista

801 W 97th St, Los Angeles, CA

This home is located at 801 W 97th St, Los Angeles, CA 90044 since 06 November 2012. This property was built in 1923. 801 W 97th St is a home located in Los Angeles County with nearby schools including Ninety-Fifth Street Elementary School, Bret Harte Preparatory Middle School, and Alliance Judy Ivie Burton Technology Academy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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