NOT LISTED FOR SALE

1016 E 83rd St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $670,466 - $812,000

6 Beds
4 Baths
2,034 Sq Ft
$360/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2013

Last sale price $229,000 $113 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $4,443 / mo

About This Home

As of May 2013

***STANDARD SALE...SOLD AS-IS CASH ONLY*** Excellent Opportunity to Purchase an Income Property in a Wonderful Quiet Neighborhood! ***Large Square Footage...county records shows 2034 sq ft on a 5707 sq ft Lot! Legally 3 units in 1 bldg and 1 unit in the other w/ a 2 car attached garage. **Conflicting info found...Buyers & Buyer's agent to confirm bdrm/bath count, sq. ft. & legal use of space. Addition unknown if permitted.** Currently 2 of the units are combined into one...now 3 units total. If brought back to 4 legal units: 2 units are estimated to rent each at $900.00/month & the other 2 units are estimated to rent each at $750.00/month for a total of $3300.00 or more each month for an ANNUAL est INCOME OF $39,600.00 or More...Year After Year of steady income! Excellent freeway access for commuting. Quick Response to all offers. Hurry, will sell fast!***

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 04/25/2013

Last Buyer's Agent

Rick Young

Young Estate Services License #01818513 Listed on: 04/25/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,707 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 2,034 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 112
  • Tax Tract Number 6209
  • Assessor Parcel Number 6029020028

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

5,707 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6029020028
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 112.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5707.00
  • Lot Size Acres: 0.1310

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Lot Size Area: 5707.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 112
  • Tax Tract Number: 6209
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2015
Sold by
Bought by
Current Estimated Value
$732,617

Purchase Details

Closed on
Sep 4, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2014
Sold by
Bought by

Purchase Details

Listed on
Apr 25, 2013
Closed on
Apr 26, 2013
Sold by
Bought by
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Rick Young
Young Estate Services
List Price
$249,000
Sold Price
$229,000
Premium/Discount to List
-$20,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Jan 2, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 30, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 17, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,561
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.29%

Purchase Details

Closed on
Sep 28, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,408
Interest Rate
8.55%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 Fidelity National Title Co
-- Fidelity National Title Co
$255,000 Fidelity National Title Co
-- Fatcola
$215,000 Ticor Title Riverside
$185,000 None Available
-- None Available
$544,500 None Available
-- First Southwestern Title Co
-- Southland Title
$245,000 Southland Title
$135,000 First Southwestern Title Co
-- Fidelity National Title Ins
$194,932 Fidelity National Title Ins
$194,932 Fidelity National Title
$190,000 Orange Coast Title
-- Title Land Company Inc
$125,000 Continental Lawyers Title Co
-- Continental Lawyers Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $247,000
Previous Owner $241,214
Previous Owner $135,000
Previous Owner $184,561
Previous Owner $140,000
Previous Owner $121,408
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $229,000 -8.0% $113 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $249,000 -- $122 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,835 $450,686 $252,384 $198,302
2024 $5,727 $441,850 $247,436 $194,414
2023 $5,622 $433,187 $242,585 $190,602
2022 $5,370 $424,694 $237,829 $186,865
2021 $5,297 $416,367 $233,166 $183,201
2020 $5,346 $412,099 $230,776 $181,323
2019 $5,145 $404,019 $226,251 $177,768
2018 $5,064 $396,098 $221,815 $174,283
2016 $4,830 $380,718 $213,202 $167,516
2015 $4,047 $315,000 $180,000 $135,000
2014 -- $215,975 $160,726 $55,249
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rick Young

    Young Estate Services

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13075057

California Regional Multiple Listing Service (CRMLS)

APN: 6029-020-028

California Los Angeles County Los Angeles 90001 Florence

1016 E 83rd St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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