NOT LISTED FOR SALE

924 W 81st St Los Angeles, CA 90044

Vermont Knolls Neighborhood
9 Beds
9 Baths
3,696 Sq Ft
9,301 Sq Ft Lot

Last Sold January 27, 2023

Last sale price $930,000 $252 Per Sq Ft

Highlights

  • No Units Above
  • Level Lot
  • 1-minute walk to Vermont Miracle Park
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of January 2023

Amazing opportunity to turn this property into a cash flow producer. Come and see for yourself. Use your imagination and visualize how to make the cash flow!

Last Agent to Sell the Property

Ralph Adame

KELLER WILLIAMS COVINA License #00856940 Listed on: 01/13/2023

KELLER WILLIAMS COVINA

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 9,301 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Level Lot
  • Density is up to 1 Unit/Acre

Home Design

  • 3,696 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Unpaved Parking

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 213
  • Tax Tract Number 238
  • Assessor Parcel Number 6032005006
  • $1,030 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • Insurance Expense $2,400
  • Professional Management Expense $2,400
  • Trash Expense $2,400
  • Water Sewer Expense $6,000
  • Operating Expense $11,200
  • Gross Income $56,000
  • Net Operating Income $44,924

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Zoning: LAR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6032005006
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, No One Above
  • Levels: One
  • Price Per Square Foot: 251.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unpaved
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 9301.00
  • Lot Size Acres: 0.2135

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 56000.00
  • Gross Scheduled Income: 56124.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 9301.0000 Square Feet
  • Net Operating Income: 44924.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Units Total: 9
  • Operating Expense: 11200.00
  • Rent Control: Yes
  • Total Expenses: 11200.00

Tax Info

  • Tax Census Tract: 2383.10
  • Tax Lot: 213
  • Tax Tract Number: 238...
  • TaxOtherAnnualAssessmentAmount: 1030.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $930,000 +15.1% $252 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $808,000 -- $219 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ralph Adame

    Seller's Agent in 2023

    Ralph Adame

    KELLER WILLIAMS COVINA

    (626) 664-4317

    1 in this area

    7 Total Sales

    Ralph Adame
    Section Image

  • N

    Buyer's Agent in 2023

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    5,987 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23006598

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90044 Vermont Knolls

924 W 81st St, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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