NOT LISTED FOR SALE
6 Beds
6 Baths
2,154 Sq Ft
6,997 Sq Ft Lot

Last Sold March 15, 2023

Last sale price $1,150,000 $534 Per Sq Ft

26 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Park
  • John Muir High School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of March 2023

A Five Unit Investment Property located in a very quiet neighborhood near the 210/134/110/2FWY and 20 minutes north of Downtown LA. The five-unit property, you can live in one unit and rent out the others or hold it as a great investment property. Five units – one 2bd/2bath, four 1bd/1bath. There are four separate garages and an onsite washer/dryer area. Currently, 100% tenant occupied that are month to month. The NOI and Cap Rate are Proforma based using actual local rents. Based on Current Rents, NOI is $54,290, and the Cap Rate is 5%, so there is great potential for increased income and added value.

Last Agent to Sell the Property

Gary Chen

eXp Realty of Southern Ca, Inc License #01969000 Listed on: 01/06/2023

eXp Realty of Southern Ca, Inc

Co-Listed By

Donna Bass

Keller Williams Pacific Estate-La Mirada License #01846211

Last Buyer's Agent

Avinash Narang

BRC Advisors BH License #01448548

BRC Advisors BH

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,997 Sq Ft Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned PSR1

Parking

  • 4 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Shared Driveway

Interior Spaces

  • 2,154 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Source of electricity is unknown
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities, parking fee, telephone
  • Tax Lot 27
  • Tax Tract Number 462
  • Assessor Parcel Number 5725026004
  • $1,081 per year additional tax assessments

Community Details

Recreation

  • Park

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 9.11
  • Price Per Unit: 220000
  • Property Attached: Yes
  • View: Yes
  • Zoning: PSR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5725026004
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 533.89

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Shared Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Electricity - Unknown
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lot 6500-9999, Rectangular Lot, Park Nearby, Paved, Walkstreet
  • Lot Size Sq Ft: 6997.00
  • Lot Size Acres: 0.1606

Rental Info

  • Tenant Pays: All Utilities, Parking Fee, Telephone

Multi Family

  • Gross Income: 128100.00
  • Gross Scheduled Income: 128100.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6997.0000 Square Feet
  • Net Operating Income: 100185.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 27915.00
  • Rent Control: No
  • Total Actual Rent: 79800.00

Tax Info

  • Tax Census Tract: 4620.01
  • Tax Lot: 27
  • Tax Tract Number: 462...
  • TaxOtherAnnualAssessmentAmount: 1081.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $1,150,000 +4.5% $534 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $1,100,000 +44.7% $511 / Sq Ft
11/11/2014 11/11/14 Sold $760,000 -6.2% $353 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $810,000 -- $376 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23002878

California Regional Multiple Listing Service (CRMLS)