NOT LISTED FOR SALE

Estimated Value: $1,058,000 - $1,208,000

8 Beds
4 Baths
3,516 Sq Ft
$322/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2020

Last sale price $930,000 $265 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,994 / mo

55 Days on Market

Highlights

  • Property is near public transit
  • Views
  • Carpet

About This Home

As of October 2020

Property Id: 1595209

Welcome to your cozy 2 bedroom, 1 bathroom unit in the heart of Los Angeles! This multi-family property features off-street parking, refrigerator, and is pet-friendly for small dogs. Enjoy the convenience of included utilities and being near parks. Don't miss out on this gem!

NEW FLOORS
NEW KITCHEN
NEW APPLIANCES

SECTION 8 ACCEPTED

CALL OR TEXT

Last Agent to Sell the Property

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 07/02/2020

Home Team Realty

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 07/02/2020

Home Team Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,592 Sq Ft Lot

Parking

  • 4 Parking Spaces

Interior Spaces

  • 3,516 Sq Ft Home
  • Window Screens
  • Property Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near public transit
  • City Lot

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water, gardener
  • Assessor Parcel Number 6020-008-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,592 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 3516
  • Lot Acreage: 0.1284
  • Probate: No
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Laminate
  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Hood Fan
  • Price Per S Q F T: 277.30
  • Windows: Screens

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Any
  • View: Yes

Garage/Parking

  • Total Parking: 4

Utilities

  • Heating: Wall, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Window Bars
  • Water Expense: 2100.00

Fee Information

  • Insurance Expense: 1850.00
  • Maintenance Expense: 2500.00

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 27.03
  • Assessed Improvement Value: 207111
  • Assessed Land Percent: 72.97
  • Assessed Land Value: 559199
  • Total Assessed Value: 766310
  • Assessor Parcel Number: 6020-008-020
  • Lot Location: City, Near Public Transit
  • Lot Size Area: 5592

Rental Info

  • Land Lease Type: Month to Month
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.76
  • Number Of Units: 4
  • Type Of Units: APT Units

Tax Info

  • Private Transfer Taxes: No
  • Tax Expense: 10800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Oct 19, 2020
Sold by
Shans Mehran
Bought by
Mds 18 Investment Llc
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Shawn Mehrannia
Home Team Realty
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%
Current Estimated Value
$1,132,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,808
Avg. Annual Appreciation
3.62%
Original Mortgage
$697,500
Outstanding Balance
$618,985
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$513,823

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 24, 2020
Sold by
Rahniany Shahrzad
Bought by
Shans Mehran
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Shawn Mehrannia
Home Team Realty
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,500
Outstanding Balance
$618,985
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$513,823

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 17, 2020
Sold by
901 W 76Th Llc
Bought by
Shans Mehran
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Shawn Mehrannia
Home Team Realty
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,500
Outstanding Balance
$618,985
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$513,823

Purchase Details

Listed on
Feb 13, 2019
Closed on
Mar 4, 2019
Sold by
Bagnard Company Llc
Bought by
901 W 76Th Llc
Seller's Agent
Mark MacFarlane
Vimvi California
Buyer's Agent
Mark MacFarlane
MacFarlane Real Estate
List Price
$840,000
Sold Price
$840,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
May 29, 2015
Sold by
Macfarlane High Income Real Estate Lp
Bought by
Bagnard Company Llc

Purchase Details

Listed on
Jun 5, 2012
Closed on
Jul 2, 2012
Sold by
Melton Franklin D and Melton Dorothy M
Bought by
Macfarlane High Income Real Estate Lp
Seller's Agent
Jerome McAlpin
McAlpin & Company
Buyer's Agent
Mark MacFarlane
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mds 18 Investment Llc -- Accommodation
Shans Mehran -- Provident Title Company
Shans Mehran $930,000 Provident Title
901 W 76Th Llc $850,000 North American Title Company
Bagnard Company Llc $740,000 North American Title Co Inc
Macfarlane High Income Real Estate Lp $450,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shans Mehran $697,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2024 10/08/24 Off Market $2,395 -- --
09/11/2024 09/11/24 For Rent $2,395 0.0% --
10/06/2020 10/06/20 Sold $930,000 -4.6% $265 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $975,000 +16.1% $277 / Sq Ft
03/20/2019 03/20/19 Sold $840,000 0.0% $239 / Sq Ft View Prior Sale
02/20/2019 02/20/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $840,000 +86.7% $239 / Sq Ft
07/03/2012 07/03/12 Sold $450,000 0.0% $128 / Sq Ft View Prior Sale
06/19/2012 06/19/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $450,000 -- $128 / 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 $12,358 $1,006,659 $757,701 $248,958
2024 $12,358 $986,922 $742,845 $244,077
2023 $12,127 $967,572 $728,280 $239,292
2022 $11,575 $948,600 $714,000 $234,600
2021 $11,418 $930,000 $700,000 $230,000
2020 $10,890 $867,000 $612,000 $255,000
2019 $9,847 $797,267 $581,789 $215,478
2018 $9,750 $781,635 $570,382 $211,253
2016 $9,304 $751,285 $548,235 $203,050
2015 $5,845 $461,073 $276,644 $184,429
2014 $5,890 $452,042 $271,225 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-598106

The MLS

APN: 6020-008-020

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