$1950000 Price Analysis   ♡   Los Angeles, CA 90061 16 bed 8 bath 5516 SqFt ($353/SqFt) 6785SqFt lot. Built 2009 Listed 2024-02-11, Taxes $15144 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This 4 unit multi-family building built in 2009 already earning extraordinary income that starts with 6% cap rate.
The tenants pay for water, gas, electrical and trash. Each unit has separate Water, Electric and Gas Meters. The property consist of 2 separate buildings, side by side, in one gated complex in excellent cndition, built in 2009. Each of the 4 units feature 4 bedrooms, 2 bathrooms that include a bath tube and a shower. Each unit does have a laundry area with washer and dryer hook-ups inside each unit. This 4 unit property that comprises of 2 duplexes on one lot, 2 separate parcels, each in excellent condition overall inside all the units and attractive exterior of the buildings outside with a surrounding security gate and a grassed area for recreation.
The tenants will enjoy large kitchens with all the kitchen amenities, such as granite countertops, dishwashers, garbage, disposal, tile floor and lots of wood cabinets, double pan windows throughout each unit. The bedrooms are larger than normal rentals, with newer carpets and with large closets, this helps the tenants enjoy a superb at home family lifestyle. Tenants love that units are close to LAX USC , LA Downtown, 110 and 105 FWY and public transit. ASSUME LOW INTEREST FINANCING CALL FOR DETAILS. Possible 1 unit vacancy available call for details
Presented by Luis Gonzalez at
Vista Sotheby's International Realty.
Property MLS #SB24029476 from CRMLS
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
Heating: Yes
Window Features: Double Pane Windows
Additional Parcels: Yes
Lot Description: 2-5 Units/Acre, Corner Lot, Level with Street, Level
Lot Size Acres: 0.1557622
Lot Size Source: Assessor
Lot Size Square Feet: 6785
Road Frontage Type: City Street
Road Surface Type: Paved
Parking Total: 8
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 4
Bedrooms in Unit-4: 4
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Unit-1 Description: Actual Rent
Unit-2 Description: Actual Rent
Unit-3 Description: Actual Rent
Unit-4 Description: Actual Rent
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Tenant Pays: All Utilities, Electricity, Gas, Trash Collection, Water
Rent Control: Yes
Source Listing Status: Active
County: Los Angeles
Cap Rate: 6.05
Tax Year: 2023
Source Property Type: Residential Income
Inclusions: Two Duplexes on a lot, 444-446 W 109th Place & 10950-10952 S Figueroa St, Los Angeles CA 90061 the 2nd Parcel # 6075-032-011
Insurance Expense: 1.00
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 6075032012
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $420470 + $840942 $1261412 | $15144 |
| 2021 | $412226 + $824453 $1236679 | $14960 |
| 2020 | $408000 + $816000 $1224000 | $15114 |
| 2019 | $400000 + $800000 $1200000 | $14516 |
| 2018 | $270089 + $140335 $410424 | $5231 |
| 2017 | $264794 + $137584 $402378 | $5123 |
| 2016 | $259602 + $134887 $394489 | $4999 |
| 2015 | $255703 + $132861 $388564 | $4929 |
| 2014 | $250695 + $130259 $380954 | $4958 |
| 2013 | $249562 + $129671 $379233 | $4952 |
| 2012 | $244669 + $127129 $371798 | $5016 |
| 2010 | $258310 + $72700 $331010 | $4502 |
| 2009 | $115260 + $306000 $421260 | $5398 |
| 2009 | $256380 + $72700 $329080 | $5398 |
| 2008 | $78540 + $311100 $389640 | $7681 |
| 2007 | $77000 + $305000 $382000 | $4741 |
$1950000
CRMLS
Price Changed 2024-04-22
$1995000
CRMLS
Listed 2024-02-11
$2000000
CRMLS
Sold 2018-08-20
$1250000
Public Record
Listing removed 2018-01-02
$1350000
CRMLS
Relisted 2017-09-26
$1350000
CRMLS
Listing removed 2017-09-20
$1350000
CRMLS
Listed 2017-06-22
$1350000
CRMLS
Sold 2009-02-11
$93000
Public Record
Listing removed 2009-01-20
$195000
ITECH
Listed 2008-10-20
$195000
ITECH
Listing removed 2008-09-29
$105000
ITECH
Sold 2005-09-06
$400000
Public Record
Sold 2005-01-28
$300000
Public Record
Listed 1999-05-25
$105000
ITECH
Year Built: 2009
Building Features: 2
Common Walls: No Common Walls
Construction Materials: Drywall Walls, Frame, Stucco
Entry Level: 1
Entry Location: main
Property Age: 15
Property Condition: Turnkey
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.