NOT LISTED FOR SALE
10 Beds
8 Baths
3,972 Sq Ft
6,567 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $1,660,000 $418 Per Sq Ft

Highlights

  • Humidity Control
  • Laundry Room
  • Heating Available
  • UCLA Community School Rated A-
  • Carpet

About This Home

As of February 2022

CONVENIENTLY LOCATED NEAR KOREA TOWN, WILSHIRE BLVD AND THE 101 FREEWAY. BUILT IN 1988. NICE RENTAL AREA, GOOD STEADY INCOME. LAUNDRY HOOK-UPS EACH UNIT.

Last Agent to Sell the Property

Eddie Hsu

New Century Commercial License #00514782 Listed on: 01/19/2022

New Century Commercial

Co-Listed By

Lana Tu

Coldwell Banker New Century License #01897228

Last Buyer's Agent

Geo Kim

GAIA License #01855390

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,567 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 3,972 Sq Ft Home
  • Apartment

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Humidity Control
  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 2124
  • Assessor Parcel Number 5094023010

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $717
  • Insurance Expense $1,852
  • Professional Management Expense $3,600
  • Trash Expense $4,514
  • Water Sewer Expense $6,089
  • New Taxes Expense $23,125
  • Operating Expense $31,087
  • Gross Income $129,000
  • Net Operating Income $97,913

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Other Phone Description: 626-376-3490
  • Price Per Unit: 350000
  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6089.00
  • Zoning: LAR4
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5094023010
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 417.93
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Humidity Control
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Trash Expense: 4514.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6567.00
  • Lot Size Acres: 0.1508

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 717.00
  • Gross Income: 129000.00
  • Gross Scheduled Income: 129000.00
  • Insurance Expense: 1852.00
  • Lot Size Area: 6567.0000 Square Feet
  • Net Operating Income: 97913.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number With Dishwasher: 5
  • Operating Expense: 31087.00
  • Rent Control: Yes
  • Total Expenses: 31087.00

Tax Info

  • New Taxes Expense: 23125.00
  • Tax Census Tract: 2123.06
  • Tax Lot: 5
  • Tax Tract Number: 2123.6

Range of Values:

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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 Change Sq Ft Price
02/18/2022 02/18/22 Sold $1,660,000 -5.1% $418 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $1,750,000 -- $441 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22002822

California Regional Multiple Listing Service (CRMLS)