NOT LISTED FOR SALE
16 Beds
8 Baths
4,844 Sq Ft
8,276 Sq Ft Lot

Last Sold August 16, 2018

Last sale price $1,155,000 $238 Per Sq Ft

53 Days on Market

About This Home

As of August 2018

8 unit walk-up apartment building built in 1962. Excellent unit mix of all 2-bedroom units. Individually metered for gas and electricity. 100% occupied with substantial rent upside through unit turn-over. Subject to rent control. Opportunity to add value. Great location south of Downtown Los Angeles. Please do not contact tenants or manager. Contact listing agents for full details.

Last Agent to Sell the Property

Juan Cardenas

Remax Commercial and Investment Realty License #01233927 Listed on: 04/30/2018

Co-Listed By

Ryan Khansari

Ryan Khansari License #02039747

Last Buyer's Agent

Mike Iryami

BRC Advisors- BH License #01825516

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,330

Interior Spaces

  • 4,844 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Unassigned Parking

Additional Features

  • 8,330 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5121-024-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

8,330 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4844
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 8.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 257.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Unassigned
  • Total Parking: 8

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 254573
  • Assessed Land Value: 159105
  • Assessor Parcel Number: 5121-024-015
  • Geocode Override: No
  • Lot Size Area: 8330

Multi Family

  • Unit Type: 2106
  • Number Of Units: 8
  • Rent Control: 100
  • Type Of Units: 8
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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
08/16/2018 08/16/18 Sold $1,155,000 -7.5% $238 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/12/2018 06/12/18 Price Changed $1,249,000 -7.4% $258 / Sq Ft
04/30/2018 04/30/18 For Sale $1,349,000 -- $278 / 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 $16,318 $1,288,418 $557,756 $730,662
2024 $16,318 $1,263,156 $546,820 $716,336
2023 $16,017 $1,238,390 $536,099 $702,291
2022 $15,305 $1,214,109 $525,588 $688,521
2021 $15,106 $1,190,304 $515,283 $675,021
2020 $15,261 $1,178,100 $510,000 $668,100
2019 $14,686 $1,155,000 $500,000 $655,000
2018 $5,941 $421,951 $162,287 $259,664
2016 $5,606 $405,568 $155,986 $249,582
2015 $5,534 $399,477 $153,643 $245,834
2014 $5,603 $391,653 $150,634 $241,019
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 18-338584

The MLS
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