NOT LISTED FOR SALE

1024 S Lorena St Los Angeles, CA 90023

Estimated Value: $940,000 - $1,195,000

8 Beds
5 Baths
4,346 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $675,000 $155 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,685/month

107 Days on Market

About This Home

As of April 2017

This is the one ALL your investors are looking for! Charming Spanish 4 plex located in the up and coming Boyle Heights area. This 4 unit complex consist of (3) 2br, 1 bt, and (1) 3br, 1bt. There are 3 separate structures and 4 parking garages + offsite parking. Excellent Rental area and located near public transportation, restaurants and minutes away from Downtown LA.Great CAP

Last Agent to Sell the Property

Carlos Villegas

eXp Realty of California Inc License #01775788 Listed on: 12/07/2016

eXp Realty of California Inc

Co-Listed By

Daniel Ciociola

PSL Realty License #01939687

Last Buyer's Agent

Edmond Khudyan

License #01196809

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,920

Year Built

  • Built in 1960

Lot Details

  • 7,550 Sq Ft Lot

Home Design

  • 4,346 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Car Garage
  • Assigned Parking

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5188-020-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,920

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4346
  • Year Built: 1960
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 167.97

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Garage
  • Total Parking: 4

Utilities

  • Water Expense: 200.00

Fee Information

  • Insurance Expense: 120.00

Lot Info

  • Assessed Improvement Value: 203050
  • Assessed Land Value: 329956
  • Assessor Parcel Number: 5188-020-019
  • Geocode Override: No
  • Lot Size Area: 7550

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 6.00
  • Number Of Units: 4
  • Total Annual Expense: 10340
  • Type Of Units: 4 units
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 6500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2019
Sold by
Adamyan Sevak
Bought by
Adamyan Sevak and Adamyan Living Trust
Current Estimated Value
$1,083,523

Purchase Details

Listed on
Dec 7, 2016
Closed on
Mar 14, 2017
Sold by
Adamyan Helga
Bought by
Adamyan Sevak
Seller's Agent
Carlos Villegas
eXp Realty of California Inc
Buyer's Agent
Edmond Khudyan
List Price
$730,000
Sold Price
$675,000
Premium/Discount to List
-$55,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$472,500
Outstanding Balance
$392,942
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$690,581

Purchase Details

Listed on
Dec 7, 2016
Closed on
Mar 6, 2017
Sold by
Lee Stephanie and Tang Jonathan Cf
Bought by
Adamyan Sevak
Seller's Agent
Carlos Villegas
eXp Realty of California Inc
Buyer's Agent
Edmond Khudyan
List Price
$730,000
Sold Price
$675,000
Premium/Discount to List
-$55,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$392,942
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$690,581

Purchase Details

Closed on
Oct 18, 2016
Sold by
Lee Stephanie
Bought by
Lee Stephanie and Tang Jonathan Cf

Purchase Details

Listed on
May 20, 2014
Closed on
Jul 1, 2014
Sold by
Nazaroff Wndy M
Bought by
Lee Stephanie
Seller's Agent
Keith Moret
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Keith Moret
Lyon Stahl Investment Real Estate, Inc.
List Price
$515,000
Sold Price
$535,000
Premium/Discount to List
$20,000
3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$367,500
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2014
Closed on
Jun 25, 2014
Sold by
Gee Jin
Bought by
Lee Stephanie
Seller's Agent
Keith Moret
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Keith Moret
Lyon Stahl Investment Real Estate, Inc.
List Price
$515,000
Sold Price
$535,000
Premium/Discount to List
$20,000
3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Nazaroff Wendy M and Nazaroff David
Bought by
Nazaroff Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2008
Sold by
Nazaroff David
Bought by
Nazaroff David and Nazaroff Nadia J

Purchase Details

Closed on
Apr 4, 2001
Sold by
Nazaroff Wendy Marie and Nazaroff David George
Bought by
Nazaroff Wendy Marie and Nazaroff David George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 23, 1996
Sold by
Nazaroff David George
Bought by
Nazaroff David George and David George Nazaroff 1996 Tru

Purchase Details

Closed on
Jan 3, 1994
Sold by
Nazaroff Proffitt David J and Nazaroff Proffitt Elvira
Bought by
Nazaroff David George and Nazaroff Wendy Marie

Purchase Details

Closed on
Dec 3, 1993
Sold by
Nazaroff Proffitt David J and Nazaroff Proffitt Elvira
Bought by
Nazaroff David George and Nazaroff Wendy Marie
Source: Public Records

Range of Values:

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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
Adamyan Sevak -- None Available
Adamyan Sevak -- Pacific Coast Title
Adamyan Sevak $675,000 Pacific Coast Title
Lee Stephanie -- None Available
Lee Stephanie $525,005 Old Republic Title Company
Lee Stephanie -- Old Republic Title Company
Nazaroff Wendy M $92,000 Lsi
Nazaroff David -- None Available
Nazaroff Wendy -- None Available
Nazaroff Wendy Marie -- North American Title
Nazaroff David George -- --
Nazaroff David George -- --
Nazaroff David George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamyan Sevak $472,500
Previous Owner Lee Stephanie $367,500
Previous Owner Lee Stephanie $367,500
Previous Owner Nazaroff Wendy M $235,000
Previous Owner Nazaroff Wendy Marie $150,000
Previous Owner Nazaroff Wendy Marie $111,000
Previous Owner Nazaroff Wendy Marie $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Sold $675,000 -7.5% $155 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $730,000 +8.1% $168 / Sq Ft
12/27/2016 12/27/16 Off Market $675,000 -- --
12/07/2016 12/07/16 For Sale $730,000 +36.4% $168 / Sq Ft
08/07/2014 08/07/14 Sold $535,000 +3.9% $353 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $515,000 -- $340 / 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 $9,920 $783,387 $449,142 $334,245
2024 $9,920 $768,028 $440,336 $327,692
2023 $9,737 $752,969 $431,702 $321,267
2022 $9,301 $738,206 $423,238 $314,968
2021 $9,170 $723,733 $414,940 $308,793
2020 $9,255 $716,313 $410,686 $305,627
2019 $8,905 $702,269 $402,634 $299,635
2018 $8,729 $688,500 $394,740 $293,760
2016 $6,778 $533,006 $329,956 $203,050
2015 $6,684 $525,000 $325,000 $200,000
2014 $4,552 $336,080 $148,868 $187,212
Source: Public Records

Agents Affiliated with this Home

  • Carlos Villegas

    Seller's Agent in 2017

    Carlos Villegas

    eXp Realty of California Inc

    (661) 619-7335

    104 Total Sales

    Carlos Villegas
    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Daniel Ciociola

    PSL Realty

    Section Image

  • E

    Buyer's Agent in 2017

    Edmond Khudyan

  • Keith Moret

    Seller's Agent in 2014

    Keith Moret

    Lyon Stahl Investment Real Estate, Inc.

    (310) 617-2240

    26 Total Sales

    Keith Moret
    Section Image
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Map

Source: The MLS

MLS Number: 16-185022

The MLS

APN: 5188-020-019

California Los Angeles County Los Angeles 90023

1024 S Lorena St, Los Angeles, CA

This home is located at 1024 S Lorena St, Los Angeles, CA 90023 since 07 December 2016 and is currently estimated at $1,083,523, approximately $249 per square foot. This property was built in 1960. 1024 S Lorena St is a home located in Los Angeles County with nearby schools including Lorena Street Elementary School, Robert Louis Stevenson Middle School, and Theodore Roosevelt High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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