Seller's Agent in 2020
David Holstein
The Holstein Group
(310) 891-3339
11 Total Sales
8400 Pershing Dr Los Angeles, CA 90293
3
Beds
3
Baths
10,552
Sq Ft
7,501
Sq Ft Lot
About This Home
As of January 2020Beautiful 10+1 unit complex consisting of 9 oversized one bedroom units and 1 two bedroom unit and a few blocks to the beautiful California Beaches.
Most units feature either a huge patio or balcony area.
Below the structure is a 10 car garage and two parking spaces outside.
Separately metered for Gas and Electric.
Recent upgrades include new double and triple pane windows and glass sliders.
This property is located within the zone of LA City Rent Control.
Owner pays utilities for Extra unit and the attached Nonconforming unit.
Last Agent to Sell the Property
The Holstein Group License #01210777 Listed on: 09/05/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 7,501 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Open Parking Spaces
- 10 Car Garage
Home Design
- 10,552 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 9809
- Assessor Parcel Number 4115001039
Community Details
Building Details
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1
- Fuel Expense $1
- Insurance Expense $4,100
- Maintenance Expense $7,500
- Other Expense $5,080
- Professional Management Expense $2,000
- Trash Expense $3,000
- Water Sewer Expense $7,650
- New Taxes Expense $47,500
- Operating Expense $76,832
- Gross Income $1,281
- Net Operating Income $142,804
Additional Features
- 10 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2020 01/13/20 | Sold | $3,800,000 | -10.6% | $360 / Sq Ft |
| 09/23/2019 09/23/19 | Price Changed | $4,250,000 | -5.6% | $403 / Sq Ft |
| 09/05/2019 09/05/19 | For Sale | $4,500,000 | -- | $426 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| 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 | $50,520 | $4,155,853 | $2,515,385 | $1,640,468 |
| 2024 | $50,520 | $4,074,366 | $2,466,064 | $1,608,302 |
| 2023 | $37,626 | $3,000,000 | $1,800,000 | $1,200,000 |
| 2022 | $47,277 | $3,916,154 | $2,370,304 | $1,545,850 |
| 2021 | $46,671 | $3,839,368 | $2,323,828 | $1,515,540 |
| 2020 | $48,068 | $3,876,850 | $2,601,000 | $1,275,850 |
| 2019 | $7,244 | $485,630 | $135,510 | $350,120 |
| 2018 | $7,115 | $476,125 | $132,853 | $343,272 |
| 2016 | $6,671 | $456,822 | $127,696 | $329,126 |
| 2015 | $6,591 | $449,961 | $125,778 | $324,183 |
| 2014 | $6,679 | $441,148 | $123,315 | $317,833 |
Source: Public Records
Agents Affiliated with this Home
-
David Holstein
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19212659
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