Seller's Agent in 2021
Coral Romero
Good Opportunity Company Inc.
(323) 395-6485
31 Total Sales
8409 S Central Ave Los Angeles, CA 90001
Florence NeighborhoodEstimated Value: $662,000 - $747,000
4
Beds
3
Baths
1,500
Sq Ft
$476/Sq Ft
Est. Value
About This Home
As of April 2021Investment opportunity(11% CAP RATE). 3 Cash producing UNITS located in the heart of Los Angeles, Ca (Florence-Graham). The property consists of one 1 bedroom, 1 bath unit (RENTED), One 1 bedroom, 1 bath unit (VACANT) and One 2 bedroom, 1 bath unit (VACANT) the property has 5 PARKING SPOTS and ALLEY ACCESS. The property is ready to be rented and to start producing CASH FLOW upon a successful close of escrow.
Last Agent to Sell the Property
Good Opportunity Company Inc. License #01914785 Listed on: 02/18/2021
Last Buyer's Agent
Good Opportunity Company Inc. License #01914785 Listed on: 02/18/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 4,002 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- 1,500 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Location
- Property is near public transit
- Urban Location
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 62
- Assessor Parcel Number 6029021003
Community Details
Overview
- 3 Units
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $1,500
- Water Sewer Expense $1,200
- New Taxes Expense $6,500
- Operating Expense $10,700
- Gross Income $58,800
- Net Operating Income $48,100
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2018
Closed on
Jul 17, 2018
Sold by
Bought by
Seller's Agent
Juan Beltran
Big Block Powerhouse Realty
Buyer's Agent
Coral Romero
Good Opportunity Company Inc.
List Price
$436,900
Sold Price
$436,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,374
Avg. Annual Appreciation
6.35%
Original Mortgage
$135,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 13, 2013
Sold by
Bought by
Purchase Details
Closed on
Dec 27, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 21, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $437,000 | Lawyers Title | ||
| -- | None Available | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| -- | None Available | ||
| $380,000 | United Title Company |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $135,000 | ||
| Previous Owner | $393,000 | ||
| Previous Owner | $304,000 |
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 |
|---|---|---|---|---|---|
| 04/20/2021 04/20/21 | Sold | $575,000 | -4.2% | $383 / Sq Ft | |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- | |
| 02/18/2021 02/18/21 | For Sale | $599,900 | +37.3% | $400 / Sq Ft | |
| 08/15/2018 08/15/18 | Sold | $436,900 | 0.0% | $291 / Sq Ft | View Prior Sale |
| 06/20/2018 06/20/18 | Pending | -- | -- | -- | |
| 06/05/2018 06/05/18 | For Sale | $436,900 | 0.0% | $291 / Sq Ft | |
| 05/01/2018 05/01/18 | Pending | -- | -- | -- | |
| 04/03/2018 04/03/18 | Price Changed | $436,900 | 0.0% | $291 / Sq Ft | |
| 04/03/2018 04/03/18 | For Sale | $436,900 | -0.7% | $291 / Sq Ft | |
| 03/23/2018 03/23/18 | Pending | -- | -- | -- | |
| 02/09/2018 02/09/18 | For Sale | $439,900 | -- | $293 / 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 | $7,784 | $622,396 | $373,438 | $248,958 |
| 2024 | $7,689 | $610,193 | $366,116 | $244,077 |
| 2023 | $7,544 | $598,230 | $358,938 | $239,292 |
| 2022 | $7,198 | $586,500 | $351,900 | $234,600 |
| 2021 | $5,643 | $450,254 | $206,113 | $244,141 |
| 2020 | $5,696 | $445,638 | $204,000 | $241,638 |
| 2019 | $5,479 | $436,900 | $200,000 | $236,900 |
| 2018 | $5,752 | $456,384 | $216,182 | $240,202 |
| 2016 | $5,495 | $438,665 | $207,789 | $230,876 |
| 2015 | $5,418 | $432,077 | $204,668 | $227,409 |
| 2014 | $5,452 | $423,614 | $200,659 | $222,955 |
Source: Public Records
Agents Affiliated with this Home
-
Coral Romero
-
Juan Beltran
Seller's Agent in 2018
Juan Beltran
Big Block Powerhouse Realty
(818) 512-1126
1 in this area
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21034039
APN: 6029-021-003
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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