NOT LISTED FOR SALE

Los Angeles, CA 90031

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Last Sold March 25, 2013

Last sale price $1,735,000

15 Days on Market

Highlights

  • 14,984 Sq Ft lot
  • Abraham Lincoln High School Rated A
  • Wall Furnace

About This Home

As of March 2013

Very Clean Building in Highland Park- Near Mt. Washington, Montecito Heights, and Arroyo Seco Park. Individually Metered for gas/ electricity. Two 8 units buildings with individual parcel numbers- 8-2 bedroom units, 8-1 bedroom units total. Mostly copper plumbing, individual water heaters, laundry and parking! Convenient freeway access. No Vacancies. Great upleg or addition to any portfolio. Less than 9x's Gross. Will go fast.

Last Agent to Sell the Property

Justin McCardle

Keller Williams Realty License #01895720 Listed on: 01/21/2013

Keller Williams Realty

Last Buyer's Agent

Jennifer Yeon

Re/Max Tri-City Realty License #01030446

Re/Max Tri-City Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,000

Year Built

  • Built in 1964

Lot Details

  • 0.34 Acre Lot

Parking

  • Automatic Gate

Home Design

  • Stucco

Utilities

  • Wall Furnace
  • Water Heater

Community Details

  • 16 Leased Units
  • 17 Separate Electric Meters
  • 17 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,705
  • Net Operating Income $118,311

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 546002007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,000

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 7.06
  • Price Per Unit: 105000
  • Security: Automatic Gate
  • Zoning: RD2-1
  • Property Type: Residential Income
  • Parcel Number: 546002007
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Construction Materials: Stucco

Utilities

  • Heating: Yes
  • Appliances: Water Heater
  • Heating Type: Wall Furnace

Lot Info

  • Lot Size Sq Ft: 14984.00

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Multiplier: 8.95
  • Gross Scheduled Income: 187764.00
  • Insurance Expense: 5705.00
  • Net Operating Income: 118311.00
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 16
  • Number With Patio: 4
  • Operating Expense: 63462.00
  • Operating Expense Percent: 34.00
  • Total Actual Rent: 15447.00

Tax Info

  • Tax Rate: 1.25
  • Tax Annual Amount: 21000.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2013 03/25/13 Sold $1,735,000 0.0% --
02/05/2013 02/05/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $1,735,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Justin McCardle

    Keller Williams Realty

    Section Image

  • J

    Buyer's Agent in 2013

    Jennifer Yeon

    RE/MAX

    (818) 389-5129

    22 Total Sales

    Jennifer Yeon
    Section Image
See All Agents

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22171794

Pasadena-Foothills Association of REALTORS®
California Los Angeles County Los Angeles

90031

This home since 21 January 2013. This property was built in 1964. This home is a home located in Los Angeles County with nearby schools including Latona Avenue Elementary School, Florence Nightingale Middle, and Benjamin Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes