NOT LISTED FOR SALE

942 940 S E Los Angeles, CA 90022

3 Beds
2 Baths
1,534 Sq Ft
6,824 Sq Ft Lot

Last Sold August 29, 2016

Last sale price $520,000 $339 Per Sq Ft

7 Days on Market

Highlights

  • Roof Top Spa
  • All Bedrooms Downstairs
  • Near a National Forest
  • James A. Garfield Senior High School Rated A
  • Dual Staircase
  • No HOA

About This Home

As of August 2016

This home is located at 942 940 S E, Los Angeles, CA 90022 since 15 March 2016. This property was built in 1925. 942 940 S E is a home located in Los Angeles County with nearby schools including Fourth Street Elementary School, Fourth Street Primary Center, and David Wark Griffith Middle School.

Last Agent to Sell the Property

Mario Gonzalez

MCR Realty License #01340377 Listed on: 03/15/2016

Last Buyer's Agent

Mario Gonzalez

MCR Realty License #01340377 Listed on: 03/15/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 6,824 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre
  • Land Lease of $1,800 per month expires 9/16/16

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,534 Sq Ft Home
  • Dual Staircase
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Leased Washer and Dryer

Additional Features

  • Roof Top Spa
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 24
  • Tax Tract Number 4768
  • Assessor Parcel Number 5246027021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Near a National Forest

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2
  • Insurance Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $4,500
  • Gross Income $42,000
  • Net Operating Income $3,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 323.952.1064
  • Price Per Unit: 260
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Well Report: No
  • Property Type: Residential Income
  • Parcel Number: 5246027021
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 338.98
  • Room Type: All Bedrooms Down
  • Spa Features: Roof Top

Exterior Features

  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Blm/National Forest

Lot Info

  • Land Lease: Yes
  • Land Lease Amount: 1800.00
  • Land Lease Amount Frequency: Monthly
  • Land Lease Expiration Date: 2016-09-16
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6824.00
  • Price Per Lot Square Foot: 0.08
  • Lot Size Acres: 0.1570

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 2.00
  • Gross Income: 42000.00
  • Gross Scheduled Income: 3500.00
  • Insurance Expense: 1.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 6824.0000 Square Feet
  • Net Operating Income: 3500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 916201.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Lot: 24
  • Tax Tract Number: 4768

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 List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $520,000 +99900.0% $339 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $520 -- $0 / 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: RS16053954

California Regional Multiple Listing Service (CRMLS)