Seller's Agent in 2018
FAWZY SHBIB
High Ten Partners, Inc.
(626) 289-6660
2 Total Sales
1016 Figueroa Terrace Los Angeles, CA 90012
Chinatown NeighborhoodEstimated Value: $834,000 - $1,172,000
3
Beds
3
Baths
1,589
Sq Ft
$662/Sq Ft
Est. Value
Highlights
- Panoramic View
- 1 Attached Carport Space
- Front Yard
- Laundry Room
About This Home
As of June 2018Views! Breathe Taking Views of Downtown Los Angeles Skyline. Property located atop Chinatown Heights overlooking Downtown L.A. 3 Units! Triplex Consists of two separate buildings. 1016 Figueroa Terrace is a separate home, a 2 Bedroom 1 Bath with a driveway and carport separating the two buildings. 1020 &1022 Figueroa Terrace is a Duplex containing a 1 bedroom 1 Bath and a Single. Location! Sunset Blvd located two blocks southwest of the property offers local restaurants, retail shops, and public transit. Staples Center 2.5 miles South and Dodger Stadium half a mile to the North. Close to Hollywood 101 and Pasadena 110 freeways. Don't miss this great opportunity to own a Triplex in a great location where redevelopment is taking place!
Last Agent to Sell the Property
High Ten Partners, Inc. License #01947621 Listed on: 01/30/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,012
Year Built
- Built in 1914
Lot Details
- 3,142 Sq Ft Lot
- 1 Common Wall
- Front Yard
- Density is up to 1 Unit/Acre
- Value in Land
Parking
- 1 Car Garage
- 1 Attached Carport Space
- Parking Available
Property Views
- Panoramic
- City Lights
- Neighborhood
Home Design
- 1,589 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Assessor Parcel Number 5406026001
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,200
- New Taxes Expense $8,465
- Gross Income $49,908
- Net Operating Income $40,243
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2018
Closed on
May 10, 2018
Sold by
Qwader Ektimal and Shbib Ektimal
Bought by
Marino Robert A and Robert A Marino Trust
Seller's Agent
FAWZY SHBIB
High Ten Partners, Inc.
Buyer's Agent
Iric Fishbein
eXp Realty of California Inc
List Price
$799,999
Sold Price
$799,999
Total Days on Market
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,366
Avg. Annual Appreciation
3.67%
Purchase Details
Closed on
Aug 29, 2005
Sold by
Lopez Humberto
Bought by
Shbib Ektimal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.8%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 13, 2001
Sold by
Delatorre Salvador and Delatorre Sarah M
Bought by
Lopez Humberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.15%
Purchase Details
Closed on
Dec 9, 1994
Sold by
Delatorre Salvador and Delatorre Sarah
Bought by
Delatorre Salvador and Delatorre Sarah M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marino Robert A | $800,000 | First American Title Company | |
| Shbib Ektimal | $585,000 | Stewart Title Of Ca Inc | |
| Lopez Humberto | $160,000 | -- | |
| Delatorre Salvador | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shbib Ektimal | $468,000 | |
| Previous Owner | Lopez Humberto | $95,600 | |
| Previous Owner | Lopez Humberto | $163,850 | |
| Previous Owner | Lopez Humberto | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2018 06/01/18 | Sold | $799,999 | 0.0% | $503 / Sq Ft |
| 04/16/2018 04/16/18 | Pending | -- | -- | -- |
| 01/30/2018 01/30/18 | For Sale | $799,999 | -- | $503 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,012 | $910,258 | $625,804 | $284,454 |
| 2024 | $11,012 | $892,411 | $613,534 | $278,877 |
| 2023 | $10,800 | $874,913 | $601,504 | $273,409 |
| 2022 | $10,297 | $857,759 | $589,710 | $268,049 |
| 2021 | $10,171 | $840,942 | $578,148 | $262,794 |
| 2020 | $10,274 | $832,320 | $572,220 | $260,100 |
| 2019 | $9,867 | $816,000 | $561,000 | $255,000 |
| 2018 | $8,646 | $702,603 | $540,467 | $162,136 |
| 2016 | $7,366 | $600,000 | $478,000 | $122,000 |
| 2015 | $7,009 | $570,000 | $454,100 | $115,900 |
| 2014 | $6,086 | $480,000 | $382,400 | $97,600 |
Source: Public Records
Agents Affiliated with this Home
-
FAWZY SHBIB
-
Iric Fishbein
Buyer's Agent in 2018
Iric Fishbein
eXp Realty of California Inc
(310) 666-7119
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS18022309
APN: 5406-026-001
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