Seller's Agent in 2020
Donald Friend
Shoreline Real Estate
(562) 212-9977
1 in this area
6 Total Sales
1038 W 84th Place Los Angeles, CA 90044
Vermont Knolls NeighborhoodEstimated Value: $686,719 - $815,000
3
Beds
3
Baths
1,859
Sq Ft
$398/Sq Ft
Est. Value
Highlights
- Private Yard
- Laundry Room
- Level Lot
About This Home
As of October 2020Excellent starter investment, in a high demand area. Rents are low. Property is well maintained. Seller is motivated. This property works well for a buy and hold investor or you could live in one and rent the other two. Submit your best offer.
Last Agent to Sell the Property
Shoreline Real Estate License #00637748 Listed on: 02/10/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,468
Year Built
- Built in 1924
Lot Details
- 5,262 Sq Ft Lot
- No Common Walls
- Level Lot
- Private Yard
- Front Yard
Parking
- 3 Car Garage
Home Design
- 1,859 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 106
- Tax Tract Number 4438
- Assessor Parcel Number 6033025005
Community Details
Overview
- 3 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $3,372
- Gross Income $33,720
- Net Operating Income $30,348
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2020
Closed on
Aug 31, 2020
Sold by
Morgan Burnell
Bought by
Ramirez Jessica L
Seller's Agent
Donald Friend
Shoreline Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$599,000
Sold Price
$559,000
Premium/Discount to List
-$40,000
-6.68%
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
$180,180
Avg. Annual Appreciation
5.83%
Original Mortgage
$419,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2016
Sold by
Morgan Arbel
Bought by
Morgan Arbell and The Arbell Morgan Revocable Trust
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
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 13, 2014
Sold by
Morgan Arbell
Bought by
Morgan Arbell and The Arbell Morgan Revocable Trust
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 |
|---|---|---|---|
| Ramirez Jessica L | $559,000 | Western Resources Title Co | |
| Morgan Arbell | -- | Accommodation | |
| Morgan Arbell | -- | Nations Title Company | |
| Morgan Arbell | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ramirez Jessica L | $419,250 | |
| Previous Owner | Morgan Arbell | $140,000 | |
| Previous Owner | Morgan Arbell | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Off Market | $1,800 | -- | -- |
| 10/01/2024 10/01/24 | For Rent | $1,800 | 0.0% | -- |
| 10/29/2020 10/29/20 | Sold | $559,000 | 0.0% | $301 / Sq Ft |
| 08/10/2020 08/10/20 | Pending | -- | -- | -- |
| 08/01/2020 08/01/20 | Price Changed | $559,000 | -2.3% | $301 / Sq Ft |
| 05/22/2020 05/22/20 | Price Changed | $572,000 | -4.5% | $308 / Sq Ft |
| 02/10/2020 02/10/20 | For Sale | $599,000 | -- | $322 / 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 | $7,468 | $605,077 | $487,093 | $117,984 |
| 2024 | $7,468 | $593,214 | $477,543 | $115,671 |
| 2023 | $7,330 | $581,583 | $468,180 | $113,403 |
| 2022 | $6,999 | $570,180 | $459,000 | $111,180 |
| 2021 | $6,906 | $559,000 | $450,000 | $109,000 |
| 2019 | $2,607 | $193,514 | $109,912 | $83,602 |
| 2018 | $2,545 | $189,720 | $107,757 | $81,963 |
| 2016 | $2,422 | $182,355 | $103,574 | $78,781 |
| 2015 | $2,389 | $179,617 | $102,019 | $77,598 |
| 2014 | $2,419 | $176,099 | $100,021 | $76,078 |
Source: Public Records
Agents Affiliated with this Home
-
Donald Friend
-
NoEmail NoEmail
N
Buyer's Agent in 2020
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
5,865 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20029718
APN: 6033-025-005
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.
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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