NOT LISTED FOR SALE

969 W 43rd St Los Angeles, CA 90037

Vermont Square Neighborhood
10 Beds
10 Baths
9,568 Sq Ft
0.31 Acres

Last Sold February 03, 2015

Last sale price $1,200,000 $125 Per Sq Ft

136 Days on Market

About This Home

As of February 2015

REDUCED
MULTI-FAMILY RESIDENTIAL located in Los Angeles County, CA this property is zoned LAR4 and consists of 12 total 1/1 units covering 9,568 sq. feet on a 13,398 sq. foot lot. Great potential, don't miss out.

Last Agent to Sell the Property

Kim Suman

Corcoran Group of California Inc. License #01437996 Listed on: 03/10/2014

Corcoran Group of California Inc.

Last Buyer's Agent

Ann Kiem

New Investment Realty License #00916190

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 9,568 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Parking

  • 14 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Assessor Parcel Number 5020034026

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • 12 Leased Units
  • Rent Control
  • 13 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,550
  • Insurance Expense $2,904
  • Professional Management Expense $10,320
  • Trash Expense $2,268
  • Water Sewer Expense $5,100
  • New Taxes Expense $4,991
  • Gross Income $10,260
  • Net Operating Income $92,437

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 7.40
  • Other Phone Description: Agents Cell
  • Other Phone Number: 909-714-7916
  • Professional Management Expense: 10320.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5100.00
  • Property Type: Residential Income
  • Parcel Number: 5020034026
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 125.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2268.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13398.00
  • Lot Size Acres: 0.3080

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2550.00
  • Gross Income: 10260.00
  • Gross Multiplier: 10.14
  • Gross Scheduled Income: 123120.00
  • Insurance Expense: 2904.00
  • Lot Size Area: 13398.0000 Square Feet
  • Net Operating Income: 92437.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 30683.00
  • Operating Expense Percent: 25.00
  • Rent Control: Yes
  • Total Actual Rent: 10260.00

Tax Info

  • New Taxes Expense: 4991.00
  • Tax Lot: 6

Range of Values:

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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
02/03/2015 02/03/15 Sold $1,200,000 -3.9% $125 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $1,249,000 -- $131 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kim Suman

    Seller's Agent in 2015

    Kim Suman

    Corcoran Group of California Inc.

    (909) 714-7916

    6 Total Sales

    Kim Suman
    Section Image

  • A

    Buyer's Agent in 2015

    Ann Kiem

    New Investment Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14050646

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90037 Vermont Square

969 W 43rd St, Los Angeles, CA

This home is located at 969 W 43rd St, Los Angeles, CA 90037 since 10 March 2014. This property was built in 1929. 969 W 43rd St is a home located in Los Angeles County with nearby schools including Marguerite Poindexter Lamotte Elementary, Dr. James Edward Jones Primary Center, and Barack Obama Global Preparation Academy.

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.

California Regional Multiple Listing Service (CRMLS) 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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