Seller's Agent in 2022
Richard Ringer
Richard J. Ringer Inc.
(310) 666-3085
1 in this area
11 Total Sales
Built 1963, this garden style apartment complex has 15,980square feet of improvements on a 16,919 square foot lot.The building has a favorable unit mix of six (6) 1+1, twelve(13) 2+1.5 and two (2) 3+2.5 units. Tenants enjoy amplegated parking, secured entry, inviting center courtyard andon-site laundry. The property has undergone significantrenovations and is a truly turn-key asset with significantrental upside (38%+/-). Offered with assumable debt at anattractive 3.12% rate, which is well below current marketlevels.This property will appeal to any investor looking for aturn-key property in a solid rental area with a great assumableloan and tremendous rental upside.
Last Agent to Sell the Property
Richard J. Ringer Inc. License #01238308 Listed on: 07/15/2022
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/29/2022 11/29/22 | Sold | $5,020,000 | -8.1% | $314 / Sq Ft | |
| 10/19/2022 10/19/22 | Pending | -- | -- | -- | |
| 07/15/2022 07/15/22 | For Sale | $5,460,000 | +73.3% | $342 / Sq Ft | |
| 05/26/2017 05/26/17 | Sold | $3,150,000 | -1.6% | $197 / Sq Ft | View Prior Sale |
| 02/23/2017 02/23/17 | Pending | -- | -- | -- | |
| 02/14/2017 02/14/17 | For Sale | $3,200,000 | -- | $200 / Sq Ft |
| 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 | $74,162 | $5,462,100 | $3,121,200 | $2,340,900 |
| 2024 | $74,162 | $5,355,000 | $3,060,000 | $2,295,000 |
| 2023 | $73,451 | $5,250,000 | $3,000,000 | $2,250,000 |
| 2022 | $48,750 | $3,444,982 | $929,597 | $2,515,385 |
| 2021 | $48,291 | $3,377,434 | $911,370 | $2,466,064 |
| 2019 | $46,916 | $3,277,260 | $884,340 | $2,392,920 |
| 2018 | $46,326 | $3,213,000 | $867,000 | $2,346,000 |
| 2016 | $28,923 | $1,766,629 | $1,061,039 | $705,590 |
| 2015 | $28,525 | $1,740,094 | $1,045,102 | $694,992 |
| 2014 | $28,585 | $1,706,009 | $1,024,630 | $681,379 |
Seller's Agent in 2022
Richard Ringer
Richard J. Ringer Inc.
(310) 666-3085
1 in this area
11 Total Sales
Buyer's Agent in 2022
Charles McMillan
Charles McMillan
(310) 508-3221
1 in this area
10 Total Sales
Seller's Agent in 2017
Keith Brennan
Brennen Realty
(310) 903-9348
4 Total Sales
Buyer's Agent in 2017
Chuck Henderson
BHRG
(818) 754-0374
5 Total Sales
Source: The MLS
MLS Number: 22-179757
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