NOT LISTED FOR SALE
50 Beds
50 Baths
21,162 Sq Ft
26,066 Sq Ft Lot

Last Sold June 18, 2021

Last sale price $7,900,000 $373 Per Sq Ft

46 Days on Market

About This Home

As of June 2021

This multifamily property is located in a residential area near major thoroughfare of Lincoln Avenue & Brookhurst Street. The Broadway boasts 25 updated units, all two-bedroom/two-bathroom floor plans, central heat & air, patios/balconies, & fireplaces. The community features secured gated access, camera surveillance system, on-site laundry facility, elevator & rooftop lounge.

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 03/11/2021

Last Buyer's Agent

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 03/11/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.6

Parking

  • 44 Parking Spaces

Interior Spaces

  • 21,162 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 50 Bedrooms
  • 50 Bathrooms

Additional Features

  • 0.6 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 25 Units

Listing and Financial Details

  • Assessor Parcel Number 127-092-45

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0.6 Acres

Listing Details

  • Property Type: Residential Income
  • Additional Assessor Parcel Numbers: No
  • Living Area: 21162
  • Lot Acreage: 0.5984
  • Stories: 3
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 50
  • Total Bathrooms: 50.00
  • Price Per S Q F T: 375.67

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 44

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 43.75
  • Assessed Improvement Value: 1845908
  • Assessed Land Percent: 56.25
  • Assessed Land Value: 2373221
  • Total Assessed Value: 4219129
  • Assessor Parcel Number: 127-092-45
  • Lot Size Area: 21780

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 14.19
  • Number Of Units: 25
  • Type Of Units: Apartments
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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
06/18/2021 06/18/21 Sold $7,900,000 -0.6% $373 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $7,950,000 -- $376 / Sq Ft
Source: The MLS

Tax History

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 $97,246 $8,551,213 $6,386,349 $2,164,864
2024 $97,246 $8,383,543 $6,261,127 $2,122,416
2023 $94,737 $8,219,160 $6,138,360 $2,080,800
2022 $93,832 $8,058,000 $6,018,000 $2,040,000
2021 $82,944 $7,007,856 $4,122,268 $2,885,588
2020 $82,467 $6,936,000 $4,080,000 $2,856,000
2019 $68,527 $5,712,000 $3,060,000 $2,652,000
2018 $53,398 $4,303,511 $2,420,685 $1,882,826
2017 $51,570 $4,219,129 $2,373,221 $1,845,908
2016 $51,311 $4,136,401 $2,326,687 $1,809,714
2015 $50,797 $4,074,269 $2,291,738 $1,782,531
2014 $48,312 $3,994,460 $2,246,846 $1,747,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-704336

The MLS
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