$2,400,000
SOLD MAY 24, 2024
8 Beds
6 Baths
5,325 Sq Ft
6,601 Sq Ft Lot

Recently Sold

$451 Per Sq Ft

8% Below List Price

185 Days on Market

Highlights

  • Traditional Architecture
  • Bathtub with Shower
  • Tile Countertops
  • Wood Flooring
  • Views
  • Living Room

About This Home

As of May 2024

Probate Sale, Court Confirmation MAY be required. 6-Unit residential property, for sale AFTER 63 years! Great unit mix: 4 X 1 Bed and 2 x 2 Bed units. 4 OF 6 Units are currently vacant and will be delivered vacant at close of escrow. Soft Story Retrofit has NOT been done. All units are separately metered for gas & electricity. No known upgrades (to any systems) done to the property. Subject to City of Los Angeles Rent Control ordinance. Seller is a Court-appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current 2 tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations. Seller is MOTIVATED and wants to see ALL offers. Only the vacant units will be shown during the open houses.

Last Agent to Sell the Property

Vinny Jain

Ingenious Asset Group, Inc. License #01413466

Last Buyer's Agent

Sharlot Arabshahi

Keller Williams Beverly Hills License #02107088

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,601 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Rectangular Lot
  • Level Lot
  • Property is zoned LAR3

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,325 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Laundry Room
  • Property Views

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Covered Parking
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Rain Gutters
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4333-013-027

Community Details

Overview

Building Details

  • Rent Control

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Probate Sale, Court Confirmation MAY be required. 6-Unit residential property, for sale AFTER 63 years! Great unit mix: 4 X 1 Bed and 2 x 2 Bed units. 4 OF 6 Units are currently vacant and will be delivered vacant at close of escrow. Soft Story Retrofit has NOT been done. All units are separately metered for gas & electricity. No known upgrades (to any systems) done to the property. Subject to City of Los Angeles Rent Control ordinance. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current 2 tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.
  • Exclusions: Sale of property does not include any personal property belonging to the tenants.
  • Living Area: 5325
  • Lot Acreage: 0.1515
  • Probate: Yes
  • Property Condition: Repair Cosmetic
  • Year Built: 1955
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Appliances: Gas/Electric Range
  • Bedrooms: 8
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 488.26

Exterior Features

  • Direction Faces: East
  • Construction: Concrete, Stone, Stucco, Wood Siding
  • Other Features: Rain Gutters
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Driveway - Concrete, Covered Parking, Parking Space, Uncovered
  • Total Parking: 6

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Cooling: Central, Window Unit(s)
  • Heating: Central, Wall Electric
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 46.01
  • Assessed Improvement Value: 103938
  • Assessed Land Percent: 53.99
  • Assessed Land Value: 121965
  • Total Assessed Value: 225903
  • Assessor Parcel Number: 4333-013-027
  • Lot Description: Fenced, Gutters, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Walk Street
  • Lot Location: City, Flats, Park Nearby
  • Lot Size Area: 6601

Rental Info

  • Court Approve: No
  • Total Actual Rent: 173435.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.99
  • Number Of Units: 6
  • Total Annual Expense: 55111
  • Type Of Units: Residential
  • Vacancy Allow: 8672
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: 4

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

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $2,400,000 -7.7% $451 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
08/28/2023 08/28/23 For Sale $2,600,000 -- $488 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 23-301671

The MLS