NOT LISTED FOR SALE

Estimated Value: $668,000 - $691,000

4 Beds
4 Baths
1,700 Sq Ft
$401/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $350,000 $206 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,059/month

75 Days on Market

About This Home

As of November 2015

Super bargain, great for first time buyers or investors ! 4 units on a lot, 1br/1ba each, all tenant occupied, 1-story fourplex building, built on 1949, lot size 5314 SQ FT, includes two-separate legal parcels 2657 SQ FT each, property in good conditions, all units are individual meter, good rental area of Los Angeles, lots of potential, vacant lot next door also for sale, same owner, both properties must sold together, please call for any questions or comments, wont last!

Last Agent to Sell the Property

Sergio Labra

SOUTHLAND Real Estate Service License #00915475 Listed on: 08/06/2015

SOUTHLAND Real  Estate Service

Last Buyer's Agent

Sergio Casas

License #01401166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,442

Year Built

  • Built in 1949

Lot Details

  • 2,668 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 1,700 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 492
  • Tax Tract Number 2427
  • Assessor Parcel Number 6069009014

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Pest Control $600
  • Water Sewer Expense $1,850
  • New Taxes Expense $4,500
  • Gross Income $2,850
  • Net Operating Income $26,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,442

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1850.00
  • Property Type: Residential Income
  • Parcel Number: 6069009014
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 205.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2668.00
  • Price Per Lot Square Foot: 131.18
  • Lot Size Acres: 0.0610

Multi Family

  • Gross Income: 2850.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 850.00
  • Lot Size Area: 2668.0000 Square Feet
  • Net Operating Income: 26250.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7950.00
  • Rent Control: Yes
  • Total Actual Rent: 2850.00

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Lot: 492
  • Tax Tract Number: 2427.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Oct 14, 2015
Sold by
Herrera Francisco Javier
Bought by
Rivera Raymundo
Seller's Agent
Sergio Labra
SOUTHLAND Real Estate Service
Buyer's Agent
Sergio Labra
SOUTHLAND Real Estate Service
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Current Estimated Value
$682,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,333
Avg. Annual Appreciation
7.60%
Original Mortgage
$262,500
Outstanding Balance
$206,827
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$510,506

Purchase Details

Closed on
Sep 20, 2004
Sold by
Sandoval Mercedes
Bought by
Herrera Francisco Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.91%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 30, 2002
Sold by
Guardado Jose Luis
Bought by
Sandoval Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.96%

Purchase Details

Closed on
Aug 31, 1994
Sold by
American Svgs Bank Fa
Bought by
Guardado Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,961
Interest Rate
4.45%
Source: Public Records

Range of Values:

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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
Rivera Raymundo $350,000 None Available
Herrera Francisco Javier $370,000 Orange Coast Title
Sandoval Mercedes $195,000 Lawyers
Guardado Jose Luis $139,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Raymundo $262,500
Previous Owner Herrera Francisco Javier $296,000
Previous Owner Sandoval Mercedes $156,000
Previous Owner Guardado Jose Luis $124,961
Closed Herrera Francisco Javier $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $350,000 -2.8% $206 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $360,000 -- $212 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,442 $307,779 $203,609 $104,170
2024 $4,442 $301,745 $199,617 $102,128
2023 $4,362 $295,829 $195,703 $100,126
2022 $4,181 $290,029 $191,866 $98,163
2021 $4,123 $284,343 $188,104 $96,239
2019 $4,006 $275,912 $182,526 $93,386
2018 $3,945 $270,503 $178,948 $91,555
2016 $3,755 $260,000 $172,000 $88,000
2015 $2,911 $197,159 $115,976 $81,183
2014 $2,931 $193,298 $113,705 $79,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15189160

California Regional Multiple Listing Service (CRMLS)

APN: 6069-009-014