$949,999
$50K PRICE DROP

Estimated payment $6,118/month

Total Views 3,973
8 Beds
4 Baths
3,204 Sq Ft
$297 Price per Sq Ft

Highlights

  • Fireplace in Patio
  • Laundry Room
  • Wall Furnace

About This Home

Great opportunity to own four units
All currently rented and well kept
Laundry in each unit
Apl two bedrooms and 1 bath units
Plenty of parking
Close to LAX and Downtown LA

Listing Agent

John Heinz

Century 21 Cornerstone Brokerage Phone: 310 941-8216 License #01901640

Century 21 Cornerstone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,787

Year Built

  • Built in 1964

Lot Details

  • 5,386 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,204 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway
  • Uncovered Parking

Additional Features

  • Fireplace in Patio
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 4576
  • Assessor Parcel Number 6041006012
  • $526 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $840
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $3,240
  • Net Operating Income $64,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,787

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 237500
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6041006012
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Fireplace Features: Patio
  • Price Per Square Foot: 296.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Uncovered

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5386.00
  • Lot Size Acres: 0.1236

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 800 Square Feet
  • Gross Scheduled Income: 67680.00
  • Insurance Expense: 840.00
  • Lot Size Area: 5386.0000 Square Feet
  • Net Operating Income: 64440.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3240.00
  • Rent Control: Yes
  • Total Expenses: 3240.00

Tax Info

  • Tax Census Tract: 2402.00
  • Tax Lot: 14
  • Tax Tract Number: 4576
  • TaxOtherAnnualAssessmentAmount: 526.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $9,787 $771,981 $377,413 $394,568
2023 $9,603 $756,845 $370,013 $386,832
2022 $9,166 $742,006 $362,758 $379,248
2021 $9,043 $727,458 $355,646 $371,812
2019 $8,427 $676,000 $330,600 $345,400
2018 $6,792 $536,000 $262,100 $273,900
2016 $6,050 $480,000 $234,700 $245,300
2015 $5,693 $450,000 $220,000 $230,000
2014 $5,526 $424,000 $206,000 $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Price Changed $949,999 0.0% $297 / Sq Ft
12/20/2024 12/20/24 For Sale $949,999 +8.6% $297 / Sq Ft
11/27/2024 11/27/24 Off Market $875,000 -- --
11/27/2024 11/27/24 For Sale $875,000 0.0% $273 / Sq Ft
10/08/2024 10/08/24 Off Market $875,000 -- --
09/06/2024 09/06/24 Price Changed $875,000 -12.5% $273 / Sq Ft
05/29/2024 05/29/24 For Sale $999,999 -- $312 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $650,000 Investors Title
Grant Deed $550,000 Gateway Title
Grant Deed $400,000 --
Quit Claim Deed -- --
Grant Deed $304,000 American Title Co
Grant Deed $200,000 United Title Company
Corporate Deed -- Benefit Land Title Ins Co
Trustee Deed $314,971 Benefit Land Title Ins Co
Individual Deed $307,000 Southland Title Corporation
Interfamily Deed Transfer -- Southland Title Corporation
Corporate Deed $75,090 First American Title Co
Trustee Deed $191,055 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $97,500 Stand Alone Second
Previous Owner $520,000 Fannie Mae Freddie Mac
Previous Owner $440,000 Fannie Mae Freddie Mac
Previous Owner $110,000 Stand Alone Second
Previous Owner $360,000 Purchase Money Mortgage
Previous Owner $299,303 FHA
Previous Owner $175,000 No Value Available
Previous Owner $289,418 FHA
Previous Owner $165,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24104767

California Regional Multiple Listing Service (CRMLS)

APN: 6041-006-012