NOT LISTED FOR SALE

Estimated Value: $950,814 - $1,012,000

4 Beds
5 Baths
3,749 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $880,000 $235 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,157/month

347 Days on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • Floor Furnace
  • No HOA
  • Laundry Room
  • Bike Trail

About This Home

As of July 2023

With a little bit of work, this property could be turned into a real money-maker! If you're looking for an opportunity to invest in real estate, this is it! This completely vacant three-unit property consists of two rental units and another building structure that used to be a church with 2 bathrooms. The property is a corner lot location which makes the property highly visible. The front house is a 3 bedroom 1 1/4 bath, the 2 unit is 1 bedroom 1 bath. Each unit has its own gas and electricity meter. There is also a storage unit on the property. The property is fully fenced with two driveways and there is a lot of parking. With some work, this could be a great investment that generates substantial income. This property is minutes away from some of Los Angeles' greatest attractions Staples Center, USC, So-Fi Stadium, LA Memorial Coliseum, and California Science Museum. Don't miss out on this chance to get started in the real estate market!

Last Agent to Sell the Property

Elizabeth Samuels

Berkshire Hathaway HomeServices California Properties License #01500122 Listed on: 06/23/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Ramon Sanchez

Century 21 Allstars License #01104461

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,585

Year Built

  • Built in 1946

Lot Details

  • 9,591 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Corner Lot

Home Design

  • Fixer Upper

Interior Spaces

  • 3,749 Sq Ft Home
  • Family Room with Fireplace
  • Neighborhood Views
  • Window Bars

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 8330

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,585

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 293500
  • Property Attached: No
  • Security: Window Bars
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 234.73

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9591.00
  • Lot Size Acres: 0.2202

Multi Family

  • Lot Size Area: 9591.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 8330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2004
Sold by
Newsome Robert B and Newsome Dorothy L
Bought by
Newsome Dorothy L and The Dorothy L Newsome Revocabl
Current Estimated Value
$978,454
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 Buyer Sale Price Title Company
Newsome Dorothy L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $880,000 -0.1% $235 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $880,500 -2.1% $235 / Sq Ft
03/07/2023 03/07/23 Price Changed $899,000 -1.2% $240 / Sq Ft
01/05/2023 01/05/23 Price Changed $910,000 -3.7% $243 / Sq Ft
11/01/2022 11/01/22 Price Changed $945,000 -5.0% $252 / Sq Ft
09/03/2022 09/03/22 Price Changed $995,000 -5.2% $265 / Sq Ft
06/23/2022 06/23/22 For Sale $1,050,000 -- $280 / 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 $11,585 $897,600 $561,000 $336,600
2024 $11,585 $880,000 $550,000 $330,000
2023 $9,154 $678,007 $420,470 $257,537
2022 $8,756 $664,714 $412,226 $252,488
2021 $8,633 $651,682 $404,144 $247,538
2020 $2,663 $141,098 $86,177 $54,921
2019 $2,585 $138,333 $84,488 $53,845
2018 $2,449 $135,622 $82,832 $52,790
2016 $2,303 $130,357 $79,616 $50,741
2015 $2,271 $128,400 $78,421 $49,979
2014 $2,290 $125,885 $76,885 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22133611

California Regional Multiple Listing Service (CRMLS)

APN: 6050-021-001