NOT LISTED FOR SALE

1007 E 27th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $509,633 - $816,000

3 Beds
2 Baths
2,742 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $325,000 $119 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,980/month

1 Day on Market

About This Home

As of November 2016

Great Investment Opportunity . (3) Buildings, Approximately 2742 SqFt In Total,. (2) Buildings In Front Are One Bedroom Units, (1) 2 Bedroom 1 Bathroom House In The Rear Of Property, Ample parking with alley access. Property Is Vacant And Needs TLC, Property Is Being Sold As-Is Condition. Property Will Not Qualify For Any Type Of Financing Due To Condition.

Last Agent to Sell the Property

Mark Perez

Circle Real Estate License #01279393 Listed on: 11/08/2016

Circle Real Estate

Last Buyer's Agent

Mark Perez

Circle Real Estate License #01279393 Listed on: 11/08/2016

Circle Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 7,215 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,742 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Utilities

  • No Heating
  • Standard Electricity
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 5128024027

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5128024027
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 118.53

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: No
  • Laundry: No
  • Electric: Standard
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7215.00

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2264.20
  • Tax Lot: 69
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2018
Sold by
Johnson Suzannne
Bought by
Johnson Michael A
Current Estimated Value
$683,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,500
Outstanding Balance
$357,666
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$325,492

Purchase Details

Closed on
Mar 15, 2018
Sold by
Coast Equity Partners Llc
Bought by
Johnson Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,500
Outstanding Balance
$357,666
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$325,492

Purchase Details

Listed on
Nov 8, 2016
Closed on
Nov 18, 2016
Sold by
Nelson John Henry and The John Henry Nelson Jr 1996
Bought by
Coast Equity Partners Llc
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
Mark Perez
Circle Real Estate
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$325,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1997
Sold by
Nelson John H
Bought by
Nelson John Henry and The John Henry Nelson Jr 1996

Purchase Details

Closed on
Jan 29, 1997
Sold by
Harris Gladys J
Bought by
Harris Gladys J and The Gladys Jewell Harris 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Johnson Michael A -- Chicago Title Company
Johnson Michael A -- None Available
Coast Equity Partners Llc $325,000 Fidelity National Title Co
Nelson John Henry -- --
Harris Gladys J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael A $407,500
Previous Owner Coast Equity Partners Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $325,000 -6.9% $119 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $349,000 -- $127 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,930 $377,186 $290,145 $87,041
2024 $4,930 $369,791 $284,456 $85,335
2023 $4,842 $362,541 $278,879 $83,662
2022 $4,629 $355,433 $273,411 $82,022
2021 $4,561 $348,464 $268,050 $80,414
2020 $4,600 $344,892 $265,302 $79,590
2019 $4,432 $338,130 $260,100 $78,030
2018 $4,328 $331,500 $255,000 $76,500
2016 $1,436 $100,747 $51,845 $48,902
2015 $1,418 $99,235 $51,067 $48,168
2014 $1,443 $97,292 $50,067 $47,225
Source: Public Records

Agents Affiliated with this Home

  • Mark Perez

    Seller's Agent in 2016

    Mark Perez

    Circle Real Estate

    (562) 754-0660

    3 in this area

    109 Total Sales

    Mark Perez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16742942

California Regional Multiple Listing Service (CRMLS)

APN: 5128-024-027

California Los Angeles County Los Angeles 90011 Historic South Central

1007 E 27th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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