NOT LISTED FOR SALE

817 S Averill Ave Los Angeles, CA 90732

12 Beds
10 Baths
6,552 Sq Ft
5,970 Sq Ft Lot

Last Sold March 28, 2019

Last sale price $1,850,000 $282 Per Sq Ft

62 Days on Market

About This Home

As of March 2019

PRIME UPPER VISTA DEL ORO RENTAL LOCATION ON A QUIET RESIDENTIAL STREET NEAR AVERILL PARK. PRIDE OF OWNERSHIP BUILDING. FIST TIME THIS PROPERTY HAS BEEN OFFERED FOR SALE SINCE ORIGINAL CONSTRUCTION. LARGE FLOOR PLANS MAKE THIS BUILDING EASY TO RENT. 13 GARAGE SPACES. GREAT INVESTMENT OPPORTUNITY. RENTS ARE BELOW MARKET. PLENTY OF ROOM FOR HIGHER RENT. PRICED FOR IMMEDIATE SALE.

Last Agent to Sell the Property

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 12/09/2018

Last Buyer's Agent

Gaetano Califano

Califano Realty License #00765847

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 5,970 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 13 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 6,552 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 7459002050

Community Details

Building Details

  • 8 Leased Units
  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Fuel Expense $1,200
  • Insurance Expense $2,500
  • Maintenance Expense $2,000
  • Trash Expense $2,484
  • Water Sewer Expense $3,000
  • New Taxes Expense $24,062
  • Operating Expense $38,246
  • Gross Income $124,824
  • Net Operating Income $86,578

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

13

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7459002050
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 282.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 13.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 13.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2484.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 5970.00
  • Lot Size Acres: 0.1371

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3000.00
  • Fuel Expense: 1200.00
  • Gross Income: 124824.00
  • Gross Scheduled Income: 124824.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 5970.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 86578.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 38246.00
  • Rent Control: Yes
  • Total Actual Rent: 124824.00
  • Total Expenses: 38246.00

Tax Info

  • New Taxes Expense: 24062.00
  • Tax Census Tract: 2970.00
  • Tax Lot: 9999
  • Tax Tract Number: 999999

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 List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $1,850,000 -3.9% $282 / Sq Ft
12/28/2018 12/28/18 For Sale $1,925,000 +4.1% $294 / Sq Ft
12/25/2018 12/25/18 Off Market $1,850,000 -- --
12/09/2018 12/09/18 For Sale $1,925,000 -- $294 / 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: SB18288344

California Regional Multiple Listing Service (CRMLS)