NOT LISTED FOR SALE
11 Beds
6 Baths
4,474 Sq Ft
5,903 Sq Ft Lot

Last Sold May 04, 2016

Last sale price $1,451,000 $324 Per Sq Ft

11 Days on Market

About This Home

As of May 2016

Great opportunity to own this well maintained 6 unit building in Koreatown! One 2-Story Building with all 2 bedroom, 1 bath units, each with their own parking and storage space. Some units updated. Separate electric and gas meters. Owner only pays for water, hot water and trash. New roof in 2014, new sewer line in 2015, new security lights in parking area and side driveway. Rents below market, upside potential! Close to transportation and downtown. Prime rental location!

Last Agent to Sell the Property

David Rosenfeld

Advantage Real Estate License #01109090 Listed on: 03/01/2016

Co-Listed By

Yolanda Peraza

Rodeo Realty- Brentwood License #01265340

Last Buyer's Agent

Jennifer Oh

Max Mega Group License #01951084

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,903 Sq Ft Lot

Interior Spaces

  • 4,474 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5080-024-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Great opportunity to own this well maintained 6 unit building in Koreatown! One 2-Story Building with all 2 bedroom, 1 bath units, each with their own parking and storage space. Some units updated. Separate electric and gas meters. Owner only pays for water, hot water and trash. New roof in 2014, new sewer line in 2015, new security lights in parking area and side driveway. Rents below market, upside potential! Close to transportation and downtown. Prime rental location!
  • Living Area: 4474
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 310.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Water Expense: 4858.00

Fee Information

  • Gas Expense: 1618.00
  • Insurance Expense: 2642.00
  • Other Expense: 407.00
  • Trash Expense: 1680.00

Lot Info

  • Assessed Improvement Value: 383203
  • Assessed Land Value: 573781
  • Assessor Parcel Number: 5080-024-022
  • Geocode Override: No
  • Lot Size Area: 5903

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 14.87
  • Number Of Units: 6
  • Total Annual Expense: 29021
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 16668.00

Range of Values:

Collateral Analytics

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ICE

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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 Change Sq Ft Price
05/04/2016 05/04/16 Sold $1,451,000 +4.5% $324 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $1,389,000 +47.9% $310 / Sq Ft
11/01/2012 11/01/12 Sold $939,000 -1.1% $210 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $949,000 -- $212 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-101868

The MLS