1102 W 18th St Los Angeles, CA 90015
Pico-Union NeighborhoodEstimated Value: $1,053,000 - $1,385,000
8
Beds
4
Baths
3,784
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Balcony
- Laundry Room
- No HOA
- Double Pane Windows
- 2-minute walk to Toberman Park
About This Home
As of February 2016Great Quadruple investment opportunity live in one unit and rent 3 units to help pay your mortgage!! This property has 4 units, each unit has 2 bedrooms & 1 bath, 2 units R upstairs & 2 units R down stairs, has 8 parking spaces, 3,784 SqFt., Lot Size is 5,020 SqFt., This property is well maintained by its current owner, owner lives in 1 unit and rents 3 units, the roof was replace d in 2010, windows were replaced in 2010, has 4 electric meters, 4 gas meters, only the owners occupied unit has a laundry hoop ups. This property is located nearby Down Town Los Angeles, Centrally located to Fwy's, minutes from the Los Angeles Convention Center, Staples Center and Los Angeles Live and Nokia Theater, nearby USC and also nearby schools and shopping centers.
Last Agent to Sell the Property
Maria Rissler
Ontrak Real Estate License #01701684 Listed on: 01/18/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,464
Year Built
- Built in 1920
Lot Details
- 5,020 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Fence is in average condition
- Back Yard
Home Design
- Contemporary Architecture
- Property Attached
- Raised Foundation
- Fire Rated Drywall
- Shingle Roof
- Stucco
Interior Spaces
- 3,784 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Tile Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 16 Parking Spaces
- Parking Available
- Parking Lot
Outdoor Features
- Balcony
- Rain Gutters
Utilities
- Central Heating
- Satellite Dish
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 10
- Tax Tract Number 22432
- Assessor Parcel Number 5135015023
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Water Sewer Expense $3,000
- Gross Income $3,289
- Net Operating Income $35,271
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 2017
Sold by
Giovanni 18 Llc
Bought by
Giovanni James Michael
Total Days on Market
360
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,249
Outstanding Balance
$568,722
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$646,537
Purchase Details
Closed on
Oct 24, 2016
Sold by
Giovanni James Michael
Bought by
Giovanni 18 Llc
Purchase Details
Listed on
Jan 18, 2016
Closed on
Jan 4, 2016
Sold by
Carrillo Santos Ovidio
Bought by
Giovanni James M
Seller's Agent
Maria Rissler
Ontrak Real Estate
Buyer's Agent
Jane La Trace
Jane La Trace
List Price
$735,000
Sold Price
$711,000
Premium/Discount to List
-$24,000
-3.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$687,270
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 6, 2006
Sold by
Rivas Edgardo R
Bought by
Rivas Martha Elizabeth
Purchase Details
Closed on
Apr 21, 2000
Sold by
Caamano Daniel and Caamano H Lilia
Bought by
Carrillo Santos Ovidio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
9.5%
Similar Homes in the area
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 |
|---|---|---|---|
| Giovanni James Michael | -- | None Available | |
| Giovanni 18 Llc | -- | None Available | |
| Giovanni James M | $711,000 | Provident Title Company | |
| Rivas Martha Elizabeth | -- | None Available | |
| Carrillo Santos Ovidio | $230,000 | Southland Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Giovanni James Michael | $0 | |
| Open | Giovanni James Michael | $681,249 | |
| Previous Owner | Giovanni James M | $682,746 | |
| Previous Owner | Giovanni James M | $687,270 | |
| Previous Owner | Carrillo Santos Ovidio | $490,000 | |
| Previous Owner | Carrillo Santos Ovidio | $47,250 | |
| Previous Owner | Carrillo Santos Ovidio | $244,000 | |
| Previous Owner | Carrillo Santos Ovidio | $9,000 | |
| Previous Owner | Carrillo Santos Ovidio | $218,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2016 02/05/16 | Sold | $711,000 | -3.3% | $188 / Sq Ft |
| 12/10/2015 12/10/15 | Pending | -- | -- | -- |
| 12/15/2014 12/15/14 | For Sale | $735,000 | -- | $194 / 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 |
|---|---|---|---|---|
| 2024 | $10,464 | $825,169 | $495,567 | $329,602 |
| 2023 | $10,271 | $808,990 | $485,850 | $323,140 |
| 2022 | $9,809 | $793,128 | $476,324 | $316,804 |
| 2021 | $9,672 | $777,578 | $466,985 | $310,593 |
| 2019 | $9,390 | $754,517 | $453,135 | $301,382 |
| 2018 | $9,265 | $739,723 | $444,250 | $295,473 |
| 2016 | $3,851 | $292,754 | $146,377 | $146,377 |
| 2015 | $3,799 | $288,358 | $144,179 | $144,179 |
| 2014 | $3,838 | $282,710 | $141,355 | $141,355 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2016
Maria Rissler
Ontrak Real Estate
(562) 239-4086
15 Total Sales
-
Jane La Trace
Buyer's Agent in 2016
Jane La Trace
Jane La Trace
(310) 290-8502
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW14258863
APN: 5135-015-023
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