Angelito Roxas
Re/Max Champions
(866) 961-6420
50 Total Sales
2 in Westlake
$660K - $1.1M Price Range
933 Elden Ave Los Angeles, CA 90006
Westlake Neighborhood
17
Beds
11
Baths
10,096
Sq Ft
10,679
Sq Ft Lot
About This Home
As of October 2018Great Investment opportunity with plenty of upside in demanding area of KoreaTown in Los Angeles. 11 Units with 4 structure buildings divided up by one unit 3bed/1.5 bath, five 2bed/1bath units, and five 1bed/1bath units. Long term tenants with under market rent but value add opportunity to make this property a cash cow trophy property. Centrally located to Downtown Los Angeles, schools, & shopping. Won't last !!!
Last Agent to Sell the Property
David Franco
MGR REAL ESTATE, INC. License #01333075 Listed on: 08/27/2018
Co-Listed By
Edgar Rosales
RE/MAX TOP PRODUCERS License #01997365
Last Buyer's Agent
Edgar Rosales
RE/MAX TOP PRODUCERS License #01997365
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 10,679 Sq Ft Lot
- Two or More Common Walls
Home Design
- 10,096 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 17 Bedrooms
- 11 Bathrooms
Parking
- Parking Available
- Off-Street Parking
Additional Features
- Property is near public transit
- Private Water Source
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 67
- Assessor Parcel Number 5076003005
Community Details
Overview
- 4 Buildings
- 11 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Water Sewer Expense $7,000
- New Taxes Expense $21,111
- Operating Expense $30,111
- Gross Income $104,400
- Net Operating Income $89,440
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 15, 2019
Sold by
Barrington Capital Llc
Bought by
Purchase Details
Listed on
Aug 27, 2018
Closed on
Sep 11, 2018
Sold by
Diaz Giro Jacinto and The Alausi Family Trust
Bought by
Barrington Capital Llc and Insta Properties 1 Llc
Seller's Agent
David Franco
MGR REAL ESTATE, INC.
Buyer's Agent
Edgar Rosales
RE/MAX TOP PRODUCERS
List Price
$1,688,888
Sold Price
$1,740,000
Premium/Discount to List
$51,112
3.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,694,050
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 10, 2010
Sold by
Diaz Teresa C
Bought by
Diaz Giro Jacinto and Alausi Family Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westlake, CA
-
Angelito Roxas
-
Raymond A. Rodriguez IV
Raymond A. Rodriguez IV
Equity Union
(747) 249-5579
40 Total Sales
2 in Westlake
$5.5M - $6.2M Price Range
-
Trey Beltran
Trey Beltran
Responds QuicklyEquity Union
(818) 639-7581
23 Total Sales
1 in Westlake
$425,000 Price
-
Jason Paukovits
Jason Paukovits
Dream Realty & Investments Inc
(424) 277-2611
40 Total Sales
2 in Westlake
$640K - $693K Price Range
-
Brad Hansen
Brad Hansen
ENRG Realty, Inc
(949) 570-5651
88 Total Sales
1 in Westlake
$430,000 Price
-
Tony Hong
Tony Hong
Real Broker
(657) 500-0847
16 Total Sales
2 in Westlake
$530,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,500,000 | Provident Title Company | ||
| Barrington Capital Llc | $1,740,000 | Chicago Title Company | |
| Diaz Giro Jacinto | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $400,000 | ||
| Closed | 933 Elden Avenue Llc | $250,000 | |
| Open | 933 Elder Avenue Llc | $1,000,000 | |
| Previous Owner | Barrington Capital Llc | $1,694,050 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2018 10/10/18 | Sold | $1,740,000 | +3.0% | $172 / Sq Ft |
| 09/03/2018 09/03/18 | Pending | -- | -- | -- |
| 08/29/2018 08/29/18 | For Sale | $1,688,888 | -2.9% | $167 / Sq Ft |
| 08/28/2018 08/28/18 | Off Market | $1,740,000 | -- | -- |
| 08/27/2018 08/27/18 | For Sale | $1,688,888 | -- | $167 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $34,920 | $2,844,568 | $1,820,524 | $1,024,044 |
| 2025 | $34,920 | $2,788,793 | $1,784,828 | $1,003,965 |
| 2024 | $34,456 | $2,734,112 | $1,749,832 | $984,280 |
| 2023 | $33,808 | $2,680,503 | $1,715,522 | $964,981 |
| 2022 | $32,277 | $2,627,945 | $1,681,885 | $946,060 |
| 2021 | $31,847 | $2,576,417 | $1,648,907 | $927,510 |
| 2019 | $21,992 | $1,740,000 | $1,200,000 | $540,000 |
| 2018 | $3,387 | $170,602 | $80,556 | $90,046 |
| 2016 | $3,104 | $163,979 | $77,429 | $86,550 |
| 2015 | $3,076 | $161,516 | $76,266 | $85,250 |
| 2014 | $3,164 | $158,354 | $74,773 | $83,581 |
Source: Public Records
Agents Affiliated with this Home
-
DF
Seller's Agent in 2018
David Franco
MGR REAL ESTATE, INC.
-
ER
Seller Co-Listing Agent in 2018
Edgar Rosales
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV18193446
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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