NOT LISTED FOR SALE
5 Beds
4 Baths
6,134 Sq Ft
6,250 Sq Ft Lot

Last Sold September 28, 2022

Last sale price $2,500,000 $408 Per Sq Ft

6 Days on Market

Highlights

  • Laundry Room
  • Hancock Park Elementary Rated 9+
  • Landscaped

About This Home

As of September 2022

We are proud to represent this 5 unit property located in West Los Angeles.
The property was constructed in 1964. Its unit mix consists of (3) 2-bedroom, 2-bathroom units and (2) 3-bedroom, 2-
bathroom units. With a lot size of 6,250 square feet, the property has a total of 6,134 rentable square feet.
The property is located in one of the hippest neighborhoods in Los Angeles. The area is highly walkable and home to
many highly acclaimed boutiques, restaurants, and other destinations, like the Grove and its Farmers Market.
The property is separately metered for gas and electricity.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 06/21/2022

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union License #00885625 Listed on: 06/21/2022

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,250 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Home Design

  • 6,134 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 34 / 42
  • Tax Tract Number 7555
  • Assessor Parcel Number 5511034034
  • $1,081 per year additional tax assessments

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Electric Expense $3,000
  • Insurance Expense $2,136
  • Operating Expense $41,561
  • Gross Income $147,705
  • Net Operating Income $101,712

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Price Per Unit: 500000
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5511034034
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 407.56

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Electric Expense: 3000.00
  • Gross Income: 147705.00
  • Gross Scheduled Income: 147705.00
  • Insurance Expense: 2136.00
  • Lot Size Area: 6250.0000 Square Feet
  • Net Operating Income: 101712.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 41561.00
  • Rent Control: No
  • Total Expenses: 41561.00

Tax Info

  • Tax Block: 42
  • Tax Census Tract: 2148.00
  • Tax Lot: 34
  • Tax Tract Number: 7555
  • TaxOtherAnnualAssessmentAmount: 1081.00

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $2,500,000 0.0% $408 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $2,500,000 -- $408 / 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: SR22134799

California Regional Multiple Listing Service (CRMLS)