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

Sale Details

Date Sold: March 15, 2023

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

26 Days on Market

Highlights

  • Property is near park
  • Neighborhood Views
  • 4 Car Garage
  • No HOA
  • Park
  • Rectangular Lot

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 in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Location

  • Property is near 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

6,997 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 9.11
  • 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,686 $1,196,459 $896,824 $299,635
2024 $13,992 $1,173,000 $879,240 $293,760
2023 $10,860 $877,930 $693,105 $184,825
2022 $10,498 $860,716 $679,515 $181,201
2021 $10,080 $843,841 $666,192 $177,649
2019 $9,717 $819,115 $646,434 $172,681
2018 $9,799 $803,060 $633,759 $169,301
2016 $9,479 $771,590 $609,150 $162,440
2015 $9,372 $760,000 $600,000 $160,000
2014 $9,518 $773,214 $488,945 $284,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23002878

California Regional Multiple Listing Service (CRMLS)
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