$835,000
SOLD JUN 28, 2024
3 Beds
3 Baths
1,552 Sq Ft
4,900 Sq Ft Lot

Recently Sold

$538 Per Sq Ft

4% Below List Price

About This Home

As of June 2024

BACK ON MARKET... FIXER... Great Investment Opportunity! This property is zoned for mixed use for Commercial and Residential with lots of potential. There is a store front in the front building and a 2 bedroom/1 Bathroom in the unit above the 3 car garage with alley access. There is also enough parking for 3 more cars on the side of the property. There are a total of 3 bathrooms on the property as the third bathroom is a stand alone bathroom. There is also a large covered patio behind the commercial building.

Last Agent to Sell the Property

Melanie Hane

Palm Realty Boutique, Inc. Brokerage Phone: 310-528-5164 License #01088943

Palm Realty Boutique, Inc.

Last Buyer's Agent

Gina Marie Acosta

Gina M. Acosta, Broker License #01103233

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,063

Year Built

  • Built in 1921

Lot Details

  • 4,900 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 2 / 23
  • Tax Tract Number 297
  • Assessor Parcel Number 7465003002
  • $429 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,590
  • New Taxes Expense $5,641
  • Operating Expense $8,231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,063

Year Built

Built in 1921

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 434000
  • Property Attached: No
  • Zoning: LAC2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7465003002
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Off Street or Alley
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 538.02

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4900.00
  • Lot Size Acres: 0.1125
  • Latitude Manual: 33.72398200

Multi Family

  • Insurance Expense: 2590.00
  • Lot Size Area: 4900.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 8231.00

Tax Info

  • New Taxes Expense: 5641.00
  • Tax Block: 23
  • Tax Census Tract: 2971.20
  • Tax Lot: 2
  • Tax Tract Number: 297...
  • TaxOtherAnnualAssessmentAmount: 429.00

Map

Range of Values:

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Average Value
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Sold Price
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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
06/28/2024 06/28/24 Sold $835,000 -3.8% $538 / Sq Ft
06/07/2024 06/07/24 Price Changed $868,000 0.0% $559 / Sq Ft
06/07/2024 06/07/24 For Sale $868,000 +2.1% $559 / Sq Ft
04/12/2024 04/12/24 For Sale $850,000 -- $548 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,063 $636,384 $535,910 $100,474
2023 $7,912 $623,906 $525,402 $98,504
2022 $7,552 $611,673 $515,100 $96,573
2021 $5,641 $445,000 $375,000 $70,000
2020 $5,664 $438,000 $369,000 $69,000
2019 $5,551 $438,000 $369,000 $69,000
2018 $5,202 $410,000 $345,000 $65,000
2016 $5,158 $410,000 $345,000 $65,000
2015 $5,158 $410,000 $345,000 $65,000
2014 $4,787 $370,000 $313,400 $56,600
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $543,000 New Conventional
Previous Owner $100,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $835,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Grant Deed $475,000 Southland Title
Grant Deed $90,000 First American Title Co
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24073142

California Regional Multiple Listing Service (CRMLS)

APN: 7465-003-002