NOT LISTED FOR SALE

11017 S Main St Los Angeles, CA 90061

Broadway-Manchester Neighborhood

Estimated Value: $538,000

1 Bed
2 Baths
2,196 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $170,000 $77 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $3,367/month

103 Days on Market

About This Home

As of February 2015

Seller is very motivated.Great Investment Opportunity. Mixed use property. Seller also owns 11019 Main and will sell both properties (two separate APN's and Building's) at a discount in a package deal or individually. The property has the potential to have 5 tenants. Property is 90 percent complete and can be purchased "AS IS" or Finished. All offers are welcomed! WAY BELOW MARKET

Last Agent to Sell the Property

Kenneth Berry

R&R Properties License #01460347 Listed on: 09/24/2014

Last Buyer's Agent

Rafael Arevalo

License #01273547

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,551

Year Built

  • Built in 1922

Lot Details

  • 3,131

Home Design

  • 2,196 Sq Ft Home

Parking

  • 4 Parking Spaces
  • Private Parking

Additional Features

  • 2 Bathrooms
  • 3,131 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6074-017-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,551

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2196
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Bathrooms: 2.00
  • Price Per S Q F T: 76.96

Exterior Features

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

Garage/Parking

  • Parking Garage: Private
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 117118
  • Assessed Land Value: 50917
  • Assessor Parcel Number: 6074-017-004
  • Geocode Override: No
  • Lot Size Area: 3131

Multi Family

  • Unit Type: 2106
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: mixed use

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2019
Sold by
Espinoza Rafael
Bought by
Ibiza Properties Inc
Current Estimated Value
$538,000

Purchase Details

Listed on
Sep 24, 2014
Closed on
Jan 21, 2015
Sold by
Mek Acquisitions Llc
Bought by
Espinoza Rafael
Seller's Agent
Kenneth Berry
R&R Properties
Buyer's Agent
Rafael Arevalo
List Price
$189,000
Sold Price
$170,000
Premium/Discount to List
-$19,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 2012
Sold by
Banks Robin and Estate Of Margie L Rayford
Bought by
Mek Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
3.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 1999
Sold by
Foster Willie P
Bought by
Rayford Margie L

Purchase Details

Closed on
Aug 11, 1993
Sold by
Foster Willie
Bought by
Foster Willie P
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
Ibiza Properties Inc -- None Available
Espinoza Rafael $320,000 Fidelity
Mek Acquisitions Llc -- Netco Title
Rayford Margie L -- --
Foster Willie P -- --
Foster Willie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinoza Rafael $21,000
Previous Owner Mek Acquisitions Llc $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2015 02/25/15 Sold $170,000 -10.1% $77 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
09/24/2014 09/24/14 For Sale $189,000 -- $86 / 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 $6,551 $479,667 $390,429 $89,238
2024 $6,447 $470,263 $382,774 $87,489
2023 $6,329 $461,043 $375,269 $85,774
2022 $6,054 $452,004 $367,911 $84,093
2021 $5,970 $443,143 $360,698 $82,445
2020 $6,022 $438,600 $357,000 $81,600
2019 $3,025 $193,928 $107,738 $86,190
2018 $2,948 $190,126 $105,626 $84,500
2016 $2,793 $182,745 $101,525 $81,220
2015 $2,314 $143,444 $102,461 $40,983
2014 $2,658 $168,797 $51,148 $117,649
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kenneth Berry

    R&R Properties

    (310) 678-2108

    14 Total Sales

    Kenneth Berry
    Section Image

  • R

    Buyer's Agent in 2015

    Rafael Arevalo

See All Agents

Map

Source: The MLS

MLS Number: 14-796769

The MLS

APN: 6074-017-004

California Los Angeles County Los Angeles 90061 Broadway-Manchester

11017 S Main St, Los Angeles, CA

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