NOT LISTED FOR SALE

1102 W 18th St Los Angeles, CA 90015

Pico-Union Neighborhood

Estimated Value: $1,021,000 - $1,269,000

8 Beds
4 Baths
3,784 Sq Ft
$309/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $711,000 $188 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,379/month

360 Days on Market

Highlights

  • Contemporary Architecture
  • Balcony
  • Laundry Room
  • No HOA
  • Double Pane Windows
  • 2-minute walk to Toberman Park

About This Home

As of February 2016

Great 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

Last Buyer's Agent

Jane La Trace

Jane La Trace License #01917375

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,464

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310/429/4984
  • Other Phone Number: 310/429/4984
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 3000.00
  • Zoning: LARD1.5
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5135015023
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 187.90
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters, Satellite Dish
  • Fencing: Average Condition, Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5020.00
  • Price Per Lot Square Foot: 141.63
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3289.00
  • Gross Scheduled Income: 3289.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5020.0000 Square Feet
  • Net Operating Income: 35271.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4200.00
  • Rent Control: Yes
  • Total Actual Rent: 3225.00

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 22432
  • Tax Year: 2014

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
Current Estimated Value
$1,188,516

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
$563,000
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$607,333

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
5.37%
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%
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
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

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 $10,464 $841,672 $505,478 $336,194
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

    Section Image
  • Jane La Trace

    Buyer's Agent in 2016

    Jane La Trace

    Jane La Trace

    (310) 290-8502

    8 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14258863

California Regional Multiple Listing Service (CRMLS)

APN: 5135-015-023

California Los Angeles County Los Angeles 90015 Pico-Union

1102 W 18th St, Los Angeles, CA

This home is located at 1102 W 18th St, Los Angeles, CA 90015 since 18 January 2016 and is currently estimated at $1,170,333, approximately $309 per square foot. This property was built in 1920. 1102 W 18th St is a home located in Los Angeles County with nearby schools including Norwood Street Elementary School, John Adams Middle School, and West Adams Preparatory High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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