NOT LISTED FOR SALE

912 W 80th St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $932,000 - $1,203,000

8 Beds
5 Baths
3,570 Sq Ft
$298/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $475,000 $133 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $6,194/month

Highlights

  • All Bedrooms Downstairs
  • Attached Carport
  • Controlled Entrance
  • Wood Flooring
  • Central Air
  • 2-minute walk to Vermont Miracle Park

About This Home

As of December 2012

Investor's Dream. Cash producing 4-plex. $4100.00 monthly gross income. Long-term tenants. Hardwood and tile floors. 3 units are 2 bedrooms + 1 bath. Last unit, is 2 bedroom + 2 bath and has been completely remodeled with granite counter tops and kitchen cabinets. The 4-plex is located in high-demand rental area. Never vacant. Property features 10-car parking lot - highly in demand in the neighborhood. Please do not disturb tenants. Showing of the units is possible with an accepted offer.

Last Agent to Sell the Property

Marine Saribekyan

No Firm Affiliation License #01359274 Listed on: 12/14/2012

No Firm Affiliation

Last Buyer's Agent

Carlos Ulloa

Berkshire Hathaway H.S.C.P. License #01802325

Berkshire Hathaway H.S.C.P.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,366

Year Built

  • Built in 1955

Lot Details

  • 9,301 Sq Ft Lot

Parking

  • 10 Car Garage
  • Attached Carport
  • Parking Available
  • Controlled Entrance

Home Design

  • 3,570 Sq Ft Home
  • Turnkey
  • Frame Construction
  • Stucco

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 106
  • Tax Tract Number 2383
  • Assessor Parcel Number 6032004003

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Water Sewer Expense $2,700
  • New Taxes Expense $6,112
  • Gross Income $4,100
  • Net Operating Income $3,785

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,366

Year Built

Built in 1955

Lot Details

0

Parking

10

Listing Details

  • View: No
  • Water Sewer Expenses: 2700.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6032004003
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Wood
  • Levels: Two
  • Price Per Square Foot: 133.05
  • Room Type: All Bedrooms Down

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Attached Carport
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 9301.00
  • Lot Size Acres: 0.2140

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 9301.0000 Square Feet
  • Net Operating Income: 3785.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 315.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6112.00
  • Tax Lot: 106
  • Tax Tract Number: 2383
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Nov 27, 2012
Sold by
Grigoryan Elen
Bought by
Flores Jorge A
Seller's Agent
Marine Saribekyan
No Firm Affiliation
Buyer's Agent
Carlos Ulloa
Berkshire Hathaway H.S.C.P.
Sold Price
$475,000
Current Estimated Value
$1,063,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,944
Avg. Annual Appreciation
6.46%
Original Mortgage
$441,849
Outstanding Balance
$304,394
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$759,550

Purchase Details

Closed on
Jul 13, 2010
Sold by
Grigoryan Edvard
Bought by
Grigoryan Elen

Purchase Details

Closed on
Mar 31, 2010
Sold by
Choto Ana Ruth
Bought by
Grigoryan Eduard

Purchase Details

Closed on
Sep 24, 2003
Sold by
Martinez Rudy O
Bought by
Choto Ana Ruth

Purchase Details

Closed on
Dec 28, 2001
Sold by
Vega Luis
Bought by
Martinez Rudy O and Martinez Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
6.87%

Purchase Details

Closed on
Nov 26, 2001
Sold by
Valenzuela Rosa M
Bought by
Vega Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
6.87%

Purchase Details

Closed on
Sep 13, 2001
Sold by
Hud
Bought by
Valenzuela Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.57%

Purchase Details

Closed on
Jun 13, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jan 16, 2001
Sold by
Cruz Fausto
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Nov 3, 1998
Sold by
Cruz Fausto
Bought by
Gallo Ernesto and Banks Willie

Purchase Details

Closed on
Jan 17, 1997
Sold by
Bidart Michael J
Bought by
Cruz Fausto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,334
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 1994
Sold by
Bidart Jeanette
Bought by
Bidart Michael J
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
Flores Jorge A $460,000 Lawyers Title
Grigoryan Elen -- None Available
Grigoryan Eduard $291,000 Accommodation
Choto Ana Ruth -- --
Martinez Rudy O $285,000 Southland Title
Vega Luis -- --
Valenzuela Rosa M $200,000 Stewart Title
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $243,433 First American Title Ins Co
Gallo Ernesto -- --
Cruz Fausto $210,000 North American Title Co
Bidart Michael J -- California Counties Title Co
Bidart Michael J $134,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Jorge A $441,849
Previous Owner Martinez Rudy O $222,400
Previous Owner Valenzuela Rosa M $205,000
Previous Owner Cruz Fausto $203,334
Closed Martinez Rudy O $41,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $475,000 -- $133 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
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 $7,366 $566,442 $455,621 $110,821
2024 $7,366 $555,337 $446,688 $108,649
2023 $7,237 $544,449 $437,930 $106,519
2022 $6,925 $533,775 $429,344 $104,431
2021 $6,826 $523,310 $420,926 $102,384
2019 $6,635 $507,791 $408,442 $99,349
2018 $6,416 $497,835 $400,434 $97,401
2016 $6,121 $478,506 $384,886 $93,620
2015 $6,036 $471,319 $379,105 $92,214
2014 $6,083 $462,087 $371,679 $90,408
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marine Saribekyan

    No Firm Affiliation

    Section Image
  • Carlos Ulloa

    Buyer's Agent in 2012

    Carlos Ulloa

    Berkshire Hathaway H.S.C.P.

    (562) 556-5122

    28 Total Sales

    Carlos Ulloa
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12078892

California Regional Multiple Listing Service (CRMLS)

APN: 6032-004-003

California Los Angeles County Los Angeles 90044 Vermont Knolls

912 W 80th St, Los Angeles, CA

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