NOT LISTED FOR SALE
15 Beds
8 Baths
5,177 Sq Ft
6,249 Sq Ft Lot

Sale Details

Date Sold: May 10, 2018

Last sale price $1,525,000 $295 Per Sq Ft

11 Days on Market

About This Home

As of May 2018

We are pleased to offer an eight (8) unit multi-family investment, located in the City of Los Angeles. The subject property contains 5,177 square feet of building area on a 6,249 square foot corner parcel. The unit mix consists of one 1+1 and seven 2+1 units. Recent property upgrades include new exterior paint (2017), new landscaping with drip system (2017), and six units have been renovated within the last year with laminate floors & tile floors, new cabinetry and granite counter tops. Building amenities include a new electric gate opener with secured entry and gated on- site parking with six spaces, onsite- laundry room for additional income, and the property is separately metered for gas & electricity.

Last Agent to Sell the Property

Ian Hollinger

BRC Advisors- BH License #01889125 Listed on: 03/01/2018

BRC Advisors- BH

Last Buyer's Agent

Edward Patterson

BRC Advisors- BH License #01765179

BRC Advisors- BH
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,249

Interior Spaces

  • 5,177 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Bathrooms

Parking

  • 6 Parking Spaces
  • Private Parking
  • Side by Side Parking
  • Gated Parking
  • On-Street Parking
  • Uncovered Parking

Additional Features

  • 6,249 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5018-009-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,249 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5177
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 299.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Gated, On street, Private, Side By Side, Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessor Parcel Number: 5018-009-012
  • Geocode Override: No
  • Lot Size Area: 6249

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 11.70
  • Number Of Units: 8
  • Type Of Units: Income

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

Listed on
Mar 1, 2018
Closed on
Mar 15, 2018
Sold by
Bought by
Seller's Agent
Ian Hollinger
BRC Advisors- BH
Buyer's Agent
Edward Patterson
BRC Advisors- BH
List Price
$1,549,000
Sold Price
$1,525,000
Premium/Discount to List
-$24,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,106,250
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 1, 2015
Closed on
May 20, 2015
Sold by
Bought by
Seller's Agent
Jerome McAlpin
McAlpin & Company
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$950,000
Sold Price
$935,000
Premium/Discount to List
-$15,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.66%
Original Mortgage
$701,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 3, 2013
Closed on
Oct 17, 2013
Sold by
Bought by
Seller's Agent
Jerome McAlpin
McAlpin & Company
Buyer's Agent
Jerome McAlpin
McAlpin & Company
List Price
$870,000
Sold Price
$810,000
Premium/Discount to List
-$60,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$400,000
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
5.81%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,525,000 Provident Title Company
$935,000 Old Republic Title
$810,000 Old Republic Title Co
-- Security Union Title
-- Sutic
$635,000 Security Union Title Ins Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,522,500
Previous Owner $1,106,250
Previous Owner $701,000
Previous Owner $400,000
Previous Owner $400,000
Previous Owner $625,000
Previous Owner $235,000
Previous Owner $444,500
Previous Owner $444,500
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 Prior Sale
05/10/2018 05/10/18 Sold $1,525,000 -1.5% $295 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $1,549,000 +65.7% $299 / Sq Ft
06/30/2015 06/30/15 Sold $935,000 -1.6% $181 / Sq Ft View Prior Sale
04/21/2015 04/21/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $950,000 +17.3% $184 / Sq Ft
11/22/2013 11/22/13 Sold $810,000 -6.9% $156 / Sq Ft View Prior Sale
10/15/2013 10/15/13 Pending -- -- --
08/03/2013 08/03/13 For Sale $870,000 -- $168 / Sq Ft
Source: The MLS

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 $21,884 $1,735,185 $1,137,827 $597,358
2024 $21,623 $1,701,163 $1,115,517 $585,646
2023 $21,221 $1,667,808 $1,093,645 $574,163
2022 $20,270 $1,635,106 $1,072,201 $562,905
2021 $20,010 $1,603,046 $1,051,178 $551,868
2019 $19,443 $1,555,500 $1,020,000 $535,500
2018 $12,861 $987,606 $739,385 $248,221
2016 $12,240 $949,258 $710,675 $238,583
2015 $10,774 $826,183 $578,328 $247,855
2014 $10,858 $810,000 $567,000 $243,000
Source: Public Records

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Map

Source: The MLS

MLS Number: 18-318634

The MLS
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