NOT LISTED FOR SALE

855 E 80th St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $980,000 - $1,270,000

10 Beds
6 Baths
3,601 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $600,000 $167 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,648/month

67 Days on Market

About This Home

As of August 2015

We are pleased to offer for sale this two (2) unit multifamily investment and potential owner user opportunity, located in the City of Los Angeles. The subject property was constructed of wood/frame and stucco in 2011, therefore it is not subject to rent control ordinance. The unit mix consists of two (2) spacious 5 bedroom & 3 bedroom units. The property has kitchens with granite counter tops, bathrooms with tile floors, new light fixtures & ceiling fans, individual water heaters in each unit, individual washer/dryer hook-ups, new landscaping, a two car garage with additional on-site parking and two (2) driveway entrances, earthquake shut-off valves installed, and is separately metered for gas & electric. The property is located near the Metro Blue Line as well as many public schools, parks, and retail.

Last Agent to Sell the Property

Ian Hollinger

BRC Advisors- BH License #01889125 Listed on: 05/04/2015

BRC Advisors- BH

Last Buyer's Agent

AMBER DORRAUGH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2011

Lot Details

  • 5,336 Sq Ft Lot

Interior Spaces

  • 3,601 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6029-003-029

Property Details

Home Type

Multi-Family

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3601
  • Stories: 1
  • Year Built: 2011
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 169.40

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Lot Info

  • Assessor Parcel Number: 6029-003-029
  • Geocode Override: No
  • Lot Size Area: 5336

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.17
  • Number Of Units: 2
  • Type Of Units: (2) 5+3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 27, 2015
Sold by
Basileno Properties Llc
Bought by
The Daniel & Lisa Kasse Family Trust
Seller's Agent
Ian Hollinger
BRC Advisors- BH
Buyer's Agent
AMBER DORRAUGH
List Price
$610,000
Sold Price
$600,000
Premium/Discount to List
-$10,000
-1.64%
Current Estimated Value
$1,128,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,231
Avg. Annual Appreciation
6.30%
Original Mortgage
$360,000
Outstanding Balance
$283,330
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$844,901

Purchase Details

Closed on
Oct 15, 2011
Sold by
Botta Michael A
Bought by
Basileuo Properties Llc

Purchase Details

Closed on
Mar 2, 2011
Sold by
Seacliff Properties Inc
Bought by
Botta Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,603
Interest Rate
4.96%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2010
Sold by
Cornelio Al C and Cornelio Rita C
Bought by
Seacliff Properties Inc

Purchase Details

Closed on
Mar 23, 1987
Sold by
Castro Alejandro G and Castro Araceli A
Bought by
Cornelio Al C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
The Daniel & Lisa Kasse Family Trust $600,000 Ticor Title Co
Basileuo Properties Llc -- None Available
Botta Michael A $489,000 Lawyers Title La
Seacliff Properties Inc -- None Available
Cornelio Al C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Daniel & Lisa Kasse Family Trust $360,000
Previous Owner Botta Michael A $476,603
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $600,000 -1.6% $167 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $610,000 -- $169 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $8,842 $710,272 $189,404 $520,868
2024 $8,842 $696,346 $185,691 $510,655
2023 $8,676 $682,693 $182,050 $500,643
2022 $8,281 $669,308 $178,481 $490,827
2021 $8,164 $656,185 $174,982 $481,203
2019 $7,924 $636,724 $169,793 $466,931
2018 $7,802 $624,240 $166,464 $457,776
2016 $7,430 $600,000 $160,000 $440,000
2015 $6,492 $521,274 $148,173 $373,101
2014 $6,522 $511,064 $145,271 $365,793
Source: Public Records

Agents Affiliated with this Home

  • Ian Hollinger

    Seller's Agent in 2015

    Ian Hollinger

    BRC Advisors- BH

    (213) 226-8700

    1 in this area

    14 Total Sales

    Ian Hollinger
    Section Image

  • A

    Buyer's Agent in 2015

    AMBER DORRAUGH

  • P

    Buyer's Agent in 2015

    Phil Malamatenios

See All Agents

Map

Source: The MLS

MLS Number: 15-901817

The MLS

APN: 6029-003-029

California Los Angeles County Los Angeles 90001 Florence

855 E 80th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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