NOT LISTED FOR SALE

950 Hanover Ave Los Angeles, CA 90022

Estimated Value: $732,000 - $899,000

4 Beds
3 Baths
1,972 Sq Ft
$419/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2021

Last sale price $735,000 $373 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,366 / mo

45 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Park
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Saybrook Park

About This Home

As of June 2021

Nice and Very Clean East Los Angeles TRIPLEX. The Seller has invested over $70,000 in recent upgrades on all 3 units; 3 remodeled kitchens, 3 remodeled bathrooms, new electrical, new plumbing, refinished hardwood floors, and new landscaping.

Last Agent to Sell the Property

Wilson Ruiz

Gallant Realty, Inc. License #01113463 Listed on: 04/30/2021

Last Buyer's Agent

Wilson Ruiz

Gallant Realty, Inc. License #01113463 Listed on: 04/30/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,143 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Corner Lot
  • Level Lot
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,972 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Private Sewer
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas, insurance
  • Tax Lot 597
  • Tax Tract Number 9033
  • Assessor Parcel Number 6339028001

Community Details

Overview

  • 3 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $32,400
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

5,143 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6339028001
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 372.72

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Sewer: Private Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Level
  • Lot Size Sq Ft: 5143.00
  • Lot Size Acres: 0.1181

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas, Insurance

Multi Family

  • Gross Income: 32400.00
  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 5143.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 2700.00

Tax Info

  • Tax Census Tract: 5319.01
  • Tax Lot: 597
  • Tax Tract Number: 9033

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
Sep 1, 2019
Sold by
Bought by
Current Estimated Value
$826,883

Purchase Details

Closed on
May 25, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Available
-- None Available
-- None Available
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
06/23/2021 06/23/21 Sold $735,000 -4.4% $373 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $769,000 +4.6% $390 / Sq Ft
06/07/2021 06/07/21 Off Market $735,000 -- --
06/07/2021 06/07/21 For Sale $769,000 0.0% $390 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $769,000 -- $390 / 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
2025 $11,106 $795,586 $514,154 $281,432
2024 $10,826 $779,987 $504,073 $275,914
2023 $10,585 $764,694 $494,190 $270,504
2022 $10,240 $749,700 $484,500 $265,200
2021 $2,282 $71,506 $26,466 $45,040
2020 $2,270 $70,774 $26,195 $44,579
2019 $2,235 $69,387 $25,682 $43,705
2018 $2,172 $68,028 $25,179 $42,849
2016 $2,085 $65,388 $24,202 $41,186
2015 $2,029 $64,407 $23,839 $40,568
2014 $1,977 $63,147 $23,373 $39,774
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21091568

California Regional Multiple Listing Service (CRMLS)

APN: 6339-028-001

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