NOT LISTED FOR SALE
1 Bed
1 Bath
2,136 Sq Ft
6,863 Sq Ft Lot

Last Sold June 12, 2015

Last sale price $850,000 $398 Per Sq Ft

37 Days on Market

Highlights

  • Corner Lot
  • Whole House Fan
  • Laundry Room
  • No HOA
  • Tile Countertops
  • Wood Fence

About This Home

As of June 2015

This property is a Charming Triplex located in Westchester, CA. Located in a neighborhood with new construction and development throughout. Close to LAX, Shopping, restaurants, transportation. Great opportunity for developers and investors!!!! The property next door after developed sold for over 2 million in March, Check MLS # PV14022642. Corner Lot with endless possibilities.

Last Agent to Sell the Property

Demitre Simpson

Summit Realty Group License #01442985 Listed on: 11/01/2014

Summit Realty Group

Last Buyer's Agent

Justin Dae

Keller Williams Encino/Sherman Oaks License #01519849

Keller Williams Encino/Sherman Oaks

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,863 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wood Fence
  • Corner Lot
  • Back and Front Yard

Parking

  • 3 Car Garage

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Whole House Fan
  • Wall Furnace
  • Phone Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 148
  • Tax Tract Number 15283
  • Assessor Parcel Number 4125015021

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $2,000
  • Professional Management Expense $3,024
  • Water Sewer Expense $1,440
  • New Taxes Expense $4,711
  • Gross Income $3,625
  • Net Operating Income $32,325

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 3024.00
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 4125015021
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Levels: Two

Exterior Features

  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Stackable, Washer Hookup
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: Back Yard, Front Yard, Corner Lot
  • Lot Size Sq Ft: 6863.00
  • Price Per Lot Square Foot: 123.85
  • Lot Size Acres: 0.1580

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 3625.00
  • Gross Scheduled Income: 43500.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6863.0000 Square Feet
  • Net Operating Income: 32325.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Patio: 1
  • Operating Expense: 11175.00
  • Rent Control: Yes
  • Total Actual Rent: 3625.00

Tax Info

  • New Taxes Expense: 4711.00
  • Tax Lot: 148
  • Tax Tract Number: 15283
  • Tax Year: 2013

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $850,000 +6.3% $398 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
11/01/2014 11/01/14 For Sale $800,000 -- $375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $704 $1,154,857 $661,012 $493,845
2024 $704 $1,132,213 $648,051 $484,162
2023 $708 $1,110,014 $635,345 $474,669
2022 $805 $1,088,250 $622,888 $465,362
2021 $13,321 $1,066,913 $610,675 $456,238
2019 $12,593 $1,035,269 $592,563 $442,706
2018 $12,499 $1,014,971 $580,945 $434,026
2016 $10,523 $862,962 $558,387 $304,575
2015 $4,766 $379,879 $265,794 $114,085
2014 $4,802 $372,439 $260,588 $111,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14234020

California Regional Multiple Listing Service (CRMLS)

APN: 4125-015-021