$1,180,000
SOLD AUG 24, 2020
10 Beds
4 Baths
3,694 Sq Ft
6,820 Sq Ft Lot

Recently Sold

$319 Per Sq Ft

9% Below List Price

2 Days on Market

Highlights

  • Golf Course Community
  • Traditional Architecture
  • Private Yard
  • Property is near a park
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of December 2021

A fourplex nestled in a solid multifamily-residential neighborhood, close to LAX and easy 405 Freeway Access. The Building contains 2 3 Bedroom Units + 1 Bath and 2 2 Bedroom Units + 1 Bath. All units have separate front and rear entrances. Separate Gas and Electric Meters and detached 1 Car Garage per Unit. Stackable washer and dryer hook-up available for an additional $50.00 per month. Total monthly income $3822.00. Mature landscaping and clean design give this property eye-catching curb appeal. Property is a cosmetic FIXER! Great Price for 4 units.

Last Agent to Sell the Property

Anita Jackson

Anita L. Jackson, Broker License #01430920 Listed on: 07/15/2020

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,662

Year Built

  • Built in 1952

Lot Details

  • 6,820 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Fence is in average condition
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Garden

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Patio Home
  • Property Attached
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Common Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,694 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Triple Pane Windows
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Entryway
  • Living Room

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Standard Electricity
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 137
  • Tax Tract Number 15283
  • Assessor Parcel Number 4125014027

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $900
  • Insurance Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $11,000
  • Gross Income $54,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,662

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 4125014027
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s), Pantry, Unfurnished
  • Stories: 2
  • Entry Location: FRONT DOOR
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Levels: Two
  • Price Per Square Foot: 319.44
  • Room Type: Entry, Galley Kitchen, Kitchen, Living Room, Main Floor Master Bedroom
  • Window Features: Insulated Windows, Screens, Triple Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Average Condition, Needs Repair, Wrought Iron
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Drywall Walls, Glass, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Phone Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater
  • Electric: Standard
  • Heating Type: Floor Furnace, Wall Furnace, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Near Public Transit, Park Nearby, Patio Home, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 6820.00
  • Lot Size Acres: 0.1566
  • Latitude Manual: 33.95717400

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 54576.00
  • Gross Scheduled Income: 45864.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6820.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Dishwasher: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 1000.00
  • Rent Control: Yes
  • Total Actual Rent: 3822.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Census Tract: 2772.00
  • Tax Lot: 137
  • Tax Tract Number: 15283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Dec 2, 2021
Sold by
Sequoia West Properties Llc
Bought by
Cameron Palmyra J and The Cameron Trust
Seller's Agent
Chelsea Tran
Realty One Group West
List Price
$1,695,000
Sold Price
$1,695,000
Current Estimated Value
$1,775,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,059
Avg. Annual Appreciation
1.25%
Original Mortgage
$922,947
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2020
Closed on
Jul 29, 2020
Sold by
Whitlock Mark E and Shegog Whitlock Hermia
Bought by
Sequoia West Properties Llc
Seller's Agent
Anita Jackson
Anita L. Jackson, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,300,000
Sold Price
$1,180,000
Premium/Discount to List
-$120,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.77%
Original Mortgage
$1,177,250
Interest Rate
3%

Purchase Details

Closed on
Feb 21, 2011
Sold by
Whitlock Mark E and Whitlock Hermia Shegog
Bought by
Whitlock Mark E and Shegog Whitlock Hermia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,200
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2008
Sold by
Singer Md William and Singer Sondra A
Bought by
Singer Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2008
Sold by
Singer Bruce E
Bought by
Whitlock Ii Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2007
Sold by
Singer Bruce E and Singer Bruce
Bought by
Singer Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 25, 2007
Sold by
Singer Natalia G
Bought by
Singer Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.21%
Mortgage Type
Negative Amortization
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,695,000 Ticor Title Sd Branch
Warranty Deed $1,180,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $875,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity Long Beach
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $922,947 New Conventional
Previous Owner $1,177,250 No Value Available
Previous Owner $624,200 New Conventional
Previous Owner $656,250 New Conventional
Previous Owner $712,500 Negative Amortization
Previous Owner $712,500 Negative Amortization
Previous Owner $30,000 Unknown
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $1,695,000 0.0% $459 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $1,695,000 0.0% $459 / Sq Ft
10/08/2021 10/08/21 Off Market $1,695,000 -- --
08/26/2021 08/26/21 For Sale $1,695,000 0.0% $459 / Sq Ft
08/23/2021 08/23/21 Off Market $1,695,000 -- --
08/17/2021 08/17/21 For Sale $1,695,000 0.0% $459 / Sq Ft
08/10/2021 08/10/21 Off Market $1,695,000 -- --
07/27/2021 07/27/21 Price Changed $1,695,000 -8.4% $459 / Sq Ft
06/07/2021 06/07/21 For Sale $1,850,000 +56.8% $501 / Sq Ft
08/24/2020 08/24/20 Sold $1,180,000 -9.2% $319 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $1,300,000 -- $352 / 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 $21,662 $1,798,746 $1,273,449 $525,297
2024 $21,662 $1,763,478 $1,248,480 $514,998
2023 $21,246 $1,728,900 $1,224,000 $504,900
2022 $20,262 $1,695,000 $1,200,000 $495,000
2021 $14,343 $1,180,000 $830,000 $350,000
2020 $13,083 $1,051,105 $840,727 $210,378
2019 $12,570 $1,030,500 $824,243 $206,257
2018 $12,473 $1,010,299 $808,082 $202,217
2016 $11,908 $970,877 $776,704 $194,173
2015 $11,736 $956,295 $765,038 $191,257
2014 $11,795 $937,563 $750,052 $187,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20132214

California Regional Multiple Listing Service (CRMLS)

APN: 4125-014-027