NOT LISTED FOR SALE

Estimated Value: $2,884,000 - $3,004,868

15 Beds
15 Baths
6,435 Sq Ft
$458/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $2,640,000 $410 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $18,463/month

32 Days on Market

Highlights

  • New Construction
  • 10 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of March 2022

New construction (2021). Exquisite 5 unit building (townhouse style). Four units are 3 bedrooms 3 baths and one unit is 3 bedrooms 2 baths. Property is comprised of one triplex ( back building)and one duplex (front building). Each unit enjoy their own private two car garage, units also have their own washer and dryer. All units are already rented to for $3,200 a month. Tenants are paying all utilities including water, gas and electric which leaves the owner with very little cost to maintain the property. Common area is very easy to maintain as well. Property is centrally located close to USC and Downtown.

Last Agent to Sell the Property

Tal Bader

Bader Realty, Inc. License #01751052 Listed on: 11/05/2021

Last Buyer's Agent

Tal Bader

Bader Realty, Inc. License #01751052 Listed on: 11/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,037

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 7,504

Parking

  • 10 Car Attached Garage

Interior Spaces

  • 6,435 Sq Ft Home
  • 3-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Additional Features

  • 7,504 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Tenant pays for gas, cable TV, electricity, hot water, water, trash collection
  • The owner pays for gardener, electricity
  • Assessor Parcel Number 5114-018-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,037

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6435
  • Lot Acreage: 0.1723
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2021
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Common Walls: Attached
  • Laundry: Garage, In Unit
  • Total Bathrooms: 15.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 417.25

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 10
  • Covered Parking: 10
  • Parking Garage: Attached, Garage - 2 Car
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Electric Expense: 600.00
  • Heating: Central
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 3000.00

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Percent: 100
  • Assessed Land Value: 637500
  • Total Assessed Value: 637500
  • Assessor Parcel Number: 5114-018-022
  • Lot Size Area: 7504

Rental Info

  • Total Actual Rent: 192000.00
  • Land Lease Type: Fee
  • Owner Pays: Gardener, Electricity
  • Tenant Pays: Gas, Cable TV, Electricity, Hot Water, Water, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.98
  • Number Of Units: 5
  • Total Annual Expense: 37642
  • Type Of Units: new
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 33562.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Feb 24, 2022
Sold by
1002 East 3Rd Llc
Bought by
Eshagian Joseph
Seller's Agent
Tal Bader
Bader Realty, Inc.
Buyer's Agent
Tal Bader
Bader Realty, Inc.
List Price
$2,685,000
Sold Price
$2,640,000
Premium/Discount to List
-$45,000
-1.68%
Current Estimated Value
$2,944,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,434
Avg. Annual Appreciation
3.21%

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 18, 2022
Sold by
Marie Montegrande Faye
Bought by
Eshagian Joseph
Seller's Agent
Tal Bader
Bader Realty, Inc.
Buyer's Agent
Tal Bader
Bader Realty, Inc.
List Price
$2,685,000
Sold Price
$2,640,000
Premium/Discount to List
-$45,000
-1.68%

Purchase Details

Closed on
Jul 26, 2019
Sold by
Berkovich Alon
Bought by
1002 East 33Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,441,200
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2018
Sold by
Berkovich Tali
Bought by
Berkovich Alon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2018
Sold by
Walker Avenue Investors Llc
Bought by
Berkovich Alon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 12, 2014
Closed on
Feb 24, 2015
Sold by
Brown Joe and Brown Fannie
Bought by
Walker Avenue Investors Llc
Seller's Agent
Melissa Macfadyen
Compass
Buyer's Agent
Melissa Macfadyen
Compass
List Price
$295,000
Sold Price
$340,000
Premium/Discount to List
$45,000
15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.04%

Purchase Details

Closed on
May 6, 2009
Sold by
Brown Fannie Luesendy
Bought by
Brown James Matthew and Brown Albertha Melinda

Purchase Details

Closed on
Jun 18, 2007
Sold by
Brown Fannie Luesendy
Bought by
Brown Fannie Luesendy and Fannie Luesendy Brown Family T

Purchase Details

Closed on
Jan 19, 2007
Sold by
Brown Fannie L
Bought by
Brown Brenda and Jones Betty

Purchase Details

Closed on
Dec 29, 2006
Sold by
Brown Fannie Lvesendy
Bought by
Brown Fannie Lvesendy and Armstead Rose Elanie
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eshagian Joseph $2,640,000 North American Title
Eshagian Joseph -- North American Title
1002 East 33Rd Llc -- Priority Title
Berkovich Alon -- Chicago Title Company
Berkovich Alon $625,000 Chicago Title Company
Walker Avenue Investors Llc $340,000 Lawyers Title
Brown James Matthew -- None Available
Brown Fannie Luesendy -- None Available
Brown Brenda -- None Available
Brown Fannie Lvesendy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1002 East 33Rd Llc $1,446,250
Previous Owner 1002 East 33Rd Llc $1,441,200
Previous Owner Berkovich Alon $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $2,640,000 -1.7% $410 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $2,685,000 +689.7% $417 / Sq Ft
03/26/2015 03/26/15 Sold $340,000 +15.3% $159 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $295,000 -- $138 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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
2025 $34,037 $2,801,589 $1,061,208 $1,740,381
2024 $34,037 $2,746,656 $1,040,400 $1,706,256
2023 $33,383 $2,692,800 $1,020,000 $1,672,800
2022 $19,999 $1,623,786 $656,986 $966,800
2021 $12,945 $1,070,981 $644,104 $426,877
2020 $7,868 $637,500 $637,500 $0
2019 $7,557 $625,000 $625,000 $0
2018 $4,578 $359,127 $200,583 $158,544
2016 $4,361 $345,184 $192,795 $152,389
2015 $1,357 $93,164 $49,219 $43,945
2014 $1,376 $91,340 $48,255 $43,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-102578

The MLS

APN: 5114-018-022