NOT LISTED FOR SALE

936 Hollins St Los Angeles, CA 90023

Estimated Value: $730,826 - $744,000

5 Beds
3 Baths
1,991 Sq Ft
$370/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $410,500 $206 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,434/month

10 Days on Market

Highlights

  • Mountain View
  • Felicitas and Gonzalo Mendez High Rated A-
  • No HOA

About This Home

As of February 2016

PROPERTY STREET ADDRESS IS 938 HOLLINS ST.FEATURES A DUPLEX ,TWO STORY APARTMENT BUILDING AND SINGLE FAMILY HOUSE IN REAR,SITUATED IN A VERY CONVENIENT LOCATION AND EASY ACCESS TO FREE WAY 5,FWY 10,FWY 60 AND FWY 710. MINUTES DRIVE TO DOWNTOWN L.A. OWNER DID SOME RENOVATION IN THE PAST
STEADY LONG TERM TENANT,GOOD STARTER'S INVESTMENT IN HIGHLY DEMANDED RENTAL AREA,GOOD INVESTMENT CAP RATE FOR SMALL AMOUNT OF INVESTMENT CAPITAL .

Last Agent to Sell the Property

Joe Tseng

TREELINE REALTY Listed on: 01/17/2016

Last Buyer's Agent

Joe Tseng

TREELINE REALTY Listed on: 01/17/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,077

Year Built

  • Built in 1955

Lot Details

  • 4,168 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,991 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 51
  • Tax Tract Number 2
  • Assessor Parcel Number 5189005016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,000
  • New Taxes Expense $4,687
  • Gross Income $2,636
  • Net Operating Income $25,944

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,077

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626-203-3306
  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 5189005016
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 206.18

Exterior Features

  • View: Mountain(s)
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Sewer Connected
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4168.00
  • Price Per Lot Square Foot: 98.49
  • Lot Size Acres: 0.0960

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 2636.00
  • Gross Multiplier: 11.85
  • Gross Scheduled Income: 31632.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4168.0000 Square Feet
  • Net Operating Income: 25944.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 5687.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4687.00
  • Tax Lot: 51
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Feb 2, 2016
Sold by
Wu Juan Ernesto
Bought by
Cmc Management Llc
Seller's Agent
Joe Tseng
TREELINE REALTY
Buyer's Agent
Joe Tseng
TREELINE REALTY
List Price
$375,000
Sold Price
$410,500
Premium/Discount to List
$35,500
9.47%
Current Estimated Value
$737,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,707
Avg. Annual Appreciation
6.29%
Original Mortgage
$287,000
Outstanding Balance
$228,917
Interest Rate
3.72%
Mortgage Type
Unknown
Estimated Equity
$508,290

Purchase Details

Closed on
Jan 16, 2004
Sold by
Garcia Sergio P and Padilla Arturo Garcia
Bought by
Wu Juan Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1998
Sold by
Garcia Sergio P
Bought by
Garcia Sergio P and Padilla Arturo Garcia

Purchase Details

Closed on
Nov 8, 1996
Sold by
Garcia Sergio P and Padilla Garcia Arturo
Bought by
Garcia Sergio P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
7.86%
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
Cmc Management Llc $410,500 Chicago Title Company
Wu Juan Ernesto $300,000 Fidelity Van Nuys
Garcia Sergio P -- --
Garcia Sergio P -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cmc Management Llc $287,000
Previous Owner Wu Juan Ernesto $100,000
Previous Owner Wu Juan Ernesto $143,000
Previous Owner Garcia Sergio P $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $410,500 +9.5% $206 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $375,000 -- $188 / 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 $6,077 $485,941 $331,459 $154,482
2024 $6,077 $476,413 $324,960 $151,453
2023 $5,963 $467,073 $318,589 $148,484
2022 $5,692 $457,916 $312,343 $145,573
2021 $5,616 $448,938 $306,219 $142,719
2020 $5,668 $444,336 $303,080 $141,256
2019 $5,452 $435,625 $297,138 $138,487
2018 $5,377 $427,084 $291,312 $135,772
2016 $4,529 $360,305 $168,142 $192,163
2015 $4,465 $354,894 $165,617 $189,277
2014 $4,497 $347,943 $162,373 $185,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16010345

California Regional Multiple Listing Service (CRMLS)

APN: 5189-005-016