NOT LISTED FOR SALE

Estimated Value: $1,390,000 - $1,958,000

5 Beds
3 Baths
3,584 Sq Ft
$487/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $1,150,000 $321 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $10,543/month

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 4 Car Garage
  • Woodrow Wilson High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of February 2016

Beautiful 3 Bedroom Spanish style home located at Grand Ave with three 2 Bedroom apartments in the back located at 1054 Euclid Ave. Pride of ownership really shows on this property which has been recently, remodeled and updated, new vinyl windows, paint , flooring, etc. 4 Garages with coin laundry on site. Do not disturb tenants, Drive by only.

Last Agent to Sell the Property

Matthew Harty

Coldwell Banker Realty License #01912011 Listed on: 01/10/2016

Coldwell Banker Realty

Last Buyer's Agent

Derrick Ruiz

eXp Realty of Greater Los Angeles License #00919713

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,491 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway
  • Assigned Parking

Interior Spaces

  • 3,584 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 16
  • Tax Tract Number 1457
  • Assessor Parcel Number 7254012006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Maintenance Expense $800
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • Gross Income $7,500
  • Net Operating Income $83,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,491 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 7254012006
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Living Room
  • Price Per Square Foot: 320.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Driveway, Garage
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6491.00
  • Price Per Lot Square Foot: 177.17
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 7500.00
  • Gross Scheduled Income: 90000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6491.0000 Square Feet
  • Maintenance Expense: 800.00
  • Net Operating Income: 83600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 3
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Range: 4
  • Operating Expense: 6400.00
  • Rent Control: No

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 1457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2016
Closed on
Feb 20, 2016
Sold by
Lastrina Janet and Lastrina Michael
Bought by
Chavez Phyllis J and The Phyllis J Chavez Living Tr
Seller's Agent
Matthew Harty
Coldwell Banker Realty
Buyer's Agent
Derrick Ruiz
eXp Realty of Greater Los Angeles
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$1,745,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,898
Avg. Annual Appreciation
4.24%

Purchase Details

Listed on
Jan 10, 2016
Closed on
Jan 25, 2016
Sold by
Horne Todd Michael
Bought by
Horne Gina
Seller's Agent
Matthew Harty
Coldwell Banker Realty
Buyer's Agent
Derrick Ruiz
eXp Realty of Greater Los Angeles
List Price
$1,150,000
Sold Price
$1,150,000

Purchase Details

Closed on
May 29, 2014
Sold by
Lastrina Janet and Luigi Gino Latrina Living Trus
Bought by
Lastrina Janet and Lastrina Michael

Purchase Details

Closed on
Nov 21, 2013
Sold by
Lastrina Luigi G and Lastrina Janet
Bought by
Lastrina Luigi Gino and Luigi Gino Lastrina Living Tru

Purchase Details

Closed on
Jan 30, 2004
Sold by
Lastrina Janet
Bought by
Lastrina Luigi G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1997
Sold by
Lastrina Salvatore and Lastrina Elena
Bought by
Lastrina Salvatore and Lastrina Elena
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chavez Phyllis J $1,150,000 Old Republic Title Company
Horne Gina -- Old Republic Title Company
Lastrina Janet -- None Available
Lastrina Luigi Gino -- None Available
Lastrina Luigi G -- New Century Title Co Diamond
Lastrina Luigi G -- New Century Title Co Diamond
Lastrina Salvatore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lastrina Luigi G $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $1,150,000 0.0% $321 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
01/10/2016 01/10/16 For Sale $1,150,000 -- $321 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,503 $1,361,360 $952,954 $408,406
2024 $17,503 $1,334,668 $934,269 $400,399
2023 $17,210 $1,308,499 $915,950 $392,549
2022 $16,157 $1,282,843 $897,991 $384,852
2021 $15,834 $1,257,690 $880,384 $377,306
2020 $15,793 $1,244,795 $871,357 $373,438
2019 $15,609 $1,220,388 $854,272 $366,116
2018 $15,140 $1,196,460 $837,522 $358,938
2016 $3,762 $271,052 $158,946 $112,106
2015 $3,624 $266,982 $156,559 $110,423
2014 $3,621 $770,000 $530,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16005704

California Regional Multiple Listing Service (CRMLS)

APN: 7254-012-006

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