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PENDING

7002 Templeton Street, Huntington Park, CA 90255$1,450,000

9
beds
9
baths
4734
ft2
· 6108
ft2 lot
$306 / ft2

Listing provided courtesy of Dale Jervis, Century 21 Jervis & Associates
Source CRMLS;
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Attractive 7 unit building in prime Huntington Park neighborhood ideally located close to Pacific Blvd with it's stores and restaurants, 10/110/710 freeways, and Downtown LA. Mid-Century Style with community laundry room and 5 one-bedroom units each with 1 bathroom + 2 two-bedroom units each with 1.75 bathrooms, hardwood & laminate floors, newly painted exterior trim, 6 garages with new automatic doors. Excellent opportunity in desirable rental location with upside in rents.

HOA

$0/month

On market

2 months

Year built

1949

Property type

Multi-Family

Parking

6

MLS

DW21182154

Price / Sq.Ft.

$306 / ft2

Status

Pending

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Home details for 7002 Templeton Street

Interior Features & Layout
Appliances
•   
Laundry Details: Community
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Average2 Bed Area: 900
•   
Average1 Bed Area: 586
Heating & Cooling
•   
Has Heating
•   
Heating Details: Natural Gas
Flooring
•   
Flooring: Carpet, Laminate, Wood
Interior Size
•   
Building Area Total: 4734.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage - Single Door
•   
Garage Spaces: 6.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: HPR4YY
•   
Roof: Composition
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Sprinkler System
•   
Lot Size Source: Assessor, Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1402
•   
Lot Size Dimensions: 50' x 123'
•   
Lot Size Area: 6108.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 7
Property Features
•   
Property Condition: Repairs Cosmetic
•   
Common Walls: 2+ Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 7
•   
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 7
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Unknown
Assesments Information
•   
Assessments: Unknown
Listing Details, Costs & Financing Information
Financial Info
•   
Operating Expense Percent: 33.00
•   
Gross Equity: 1450000
•   
Gross Operating Income: 107379.00
•   
Land Value Percent: 29.00
•   
Improvements Percent: 71.00
•   
Water Sewer Expense: 2375.00
•   
Supplies Expense: 0.00
•   
Workmans Compensation Expense: 0.00
•   
Vacancy Allowance Rate: 3.00
•   
Licenses Expense: 152.00
•   
Maintenance Expense: 3668.00
•   
Pest Control Expense: 0.00
•   
Cap Rate: 4.90
•   
Total Actual Rent: 9225.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 2199.00
•   
New Taxes Expense: 22629.00
•   
Insurance Expense: 2119.00
•   
Vacancy Allowance: 3321
•   
Professional Management Expense: 0.00
•   
Pool Expense: 0.00
•   
Total Expenses: 35435.00
•   
Gross Scheduled Income: 110700.00
•   
Tax Block: 63
•   
Maintenance Percent: 3.40
•   
Operating Expense: 35435.00
•   
Gardener Expense: 1380.00
•   
Gross Multiplier: 13.00
•   
Rent Control Yn: 1
•   
Furniture Replacement Expense: 0.00
Tax/Assessment Info
•   
Gross Income: 110700.00
•   
Tax Year: 2021
•   
Taxes: 4293.68
Lease Info
•   
Net Operating Income: 71944.00
Listing Info
•   
Status: Pending
Other
•   
Electric Expense: 913.00
•   
Cable Tv Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1225.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1225.00
Unit 7 Information
•   
Unit 7 Garage Spaces: 1.00
•   
Unit 7 Bathrooms: 1
•   
Unit 7 Actual Rent: 1225.00
•   
Unit 7 Total Units: 1
•   
Unit 7 Total Rent: 1225.00
•   
Unit 7 Bedrooms: 1
•   
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•   
Unit 2 Actual Rent: 1550.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1550.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 1550.00
•   
Unit 1 Total Rent: 1550.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1225.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1225.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 1225.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1225.00
•   
Unit 5 Garage Spaces: 1.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 7
•   
Number Of Units Leased: 1325
•   
Price Per Unit: 207143
Unit 6 Information
•   
Unit 6 Actual Rent: 1225.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 1225.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 1
•   
Unit 6 Garage Spaces: 1.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Community Features: Gutters, Sidewalks, Suburban
School Info
•   
Directions: N/Florence Ave. and W/Miles Ave.
Other
Calculation
•   
Dom: 25
•   
Cdom: 25

Neighborhood snapshot

Flyhomes
California
Los Angeles
South Gate
Huntington Park
26
Properties for sale
12
Median days on market
$370.99
Median sold price/sqft
100.25%
Sold/List %
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Property History for 7002 Templeton Street

09/12/2021
09/12/2021
CRMLS #DW21182154
pending
CRMLS #DW21182154
$1,450,000
08/18/2021
08/18/2021
CRMLS #DW21182154
active
CRMLS #DW21182154
$1,450,000

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