Seller's Agent in 2014
Jerome McAlpin
McAlpin & Company
(310) 902-8977
31 Total Sales
16
Beds
7
Baths
6,220
Sq Ft
0.32
Acres
About This Home
As of October 2014We are pleased to present this 17 Unit apartment complex in the City of Los Angeles. The site is located near the intersection of Main and 120th Street. The unit mix consists of 1 one bedroom apartment and 16 singles. The structure was built in 1964 and contains 6,220 square feet and the lot is 13, 731. Tenants enjoy the shady courtyard and plenty of open parking spaces. There is a laundry room which is not currently in use and secured access. Conveniently located near the 105 and 110 freeways, it provides easy access to the Forum, LAX, LA Live and Staples Center. For those value-add investors, there is tremendous upside with significant rent increases upon vacancy. The GRM is 9.68 on very low rents while the market GRM is 7.70. The property is subject to rent control. Please do not walk on property or disturb the tenants.
Last Agent to Sell the Property
McAlpin & Company License #00939725 Listed on: 05/01/2014
Last Buyer's Agent
Stephan Klein
California Coastal Real Estate License #01846185
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.32
Interior Spaces
- 6,220 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 7 Bathrooms
Parking
- 16 Parking Spaces
- Gated Parking
- Uncovered Parking
Additional Features
- 0.32 Acre Lot
- Heating System Mounted To A Wall or Window
Community Details
- 17 Units
Listing and Financial Details
- Assessor Parcel Number 6086-001-005
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2014 10/03/14 | Sold | $1,085,000 | -9.6% | $174 / Sq Ft |
| 05/29/2014 05/29/14 | Pending | -- | -- | -- |
| 05/01/2014 05/01/14 | For Sale | $1,200,000 | -- | $193 / 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 | $19,106 | $1,303,997 | $600,920 | $703,077 |
| 2024 | $19,106 | $1,278,430 | $589,138 | $689,292 |
| 2023 | $18,771 | $1,253,364 | $577,587 | $675,777 |
| 2022 | $18,018 | $1,228,789 | $566,262 | $662,527 |
| 2021 | $17,777 | $1,204,696 | $555,159 | $649,537 |
| 2019 | $17,289 | $1,170,666 | $538,694 | $631,972 |
| 2018 | $16,971 | $1,147,746 | $528,132 | $619,614 |
| 2016 | $16,148 | $1,101,546 | $507,625 | $593,921 |
| 2015 | $15,902 | $1,085,000 | $500,000 | $585,000 |
| 2014 | $8,904 | $480,832 | $120,508 | $360,324 |
Source: Public Records
Agents Affiliated with this Home
-
Jerome McAlpin
-
S
Buyer's Agent in 2014
Stephan Klein
California Coastal Real Estate
Source: The MLS
MLS Number: 14-757401
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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