NOT LISTED FOR SALE

1110 E 83rd St Los Angeles, CA 90001

Estimated Value: $740,000 - $979,000

5 Beds
4 Baths
2,564 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 18, 2015

Last sale price $420,000 $164 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,041/month

3 Days on Market

Highlights

  • Bonus Room
  • Double Pane Windows
  • Tile Flooring
  • Granite Countertops
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of March 2015

3 Units Perfect for Owner Occupied or Investment property. Front House is 3Vedrooms & 2 Full bath, with inside Laundry room. Front house is approximately 1,300sqft and has New Interior and Exterior Paint, New Carpet. Dual pane windows, Granite counter in kitchen and bathrooms. All 3 units were fully remodeled in 2011 and has upgraded plumbing & electrical. There is a storage room attach to the front house . Owner is currently using as storage, but could be use as a 4th bedroom to the house. the storage room also has an exterior entrance with window. 2 car garage belongs to the front house. The back 2 units are 1bedropom apartment and are fully rented, pls DO NOT DISTURB TENANTS. they both have their designated parking and ALL the property is fenced. current rental income from the 2 units is $1,726 ($850 &$876) Property qualifies for FHA loan. 1St time buyers Welcome! live in one and collect Great rent from back units.

Last Agent to Sell the Property

Mishelle Leblanc

Odyssey Realty Group License #01904987 Listed on: 01/19/2015

Last Buyer's Agent

Mishelle Leblanc

Odyssey Realty Group License #01904987 Listed on: 01/19/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,867 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Property Attached
  • Turnkey
  • Raised Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,564 Sq Ft Home
  • Double Pane Windows
  • Bonus Room
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 70
  • Tax Tract Number 8491
  • Assessor Parcel Number 6028022007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Water Sewer Expense $2,000
  • New Taxes Expense $4,725
  • Gross Income $3,426
  • Net Operating Income $35,056

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2000.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6028022007
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 163.81
  • Room Type: Bonus Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5867.00
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3426.00
  • Gross Scheduled Income: 41112.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5867.0000 Square Feet
  • Net Operating Income: 35056.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 6056.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4725.00
  • Tax Lot: 70
  • Tax Tract Number: 8491
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2015
Closed on
Jan 26, 2015
Sold by
Padilla Jose A
Bought by
Sandoval Edwin E
Seller's Agent
Mishelle Leblanc
Odyssey Realty Group
Buyer's Agent
Mishelle Leblanc
Odyssey Realty Group
List Price
$419,000
Sold Price
$420,000
Premium/Discount to List
$1,000
0.24%
Current Estimated Value
$836,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,021
Avg. Annual Appreciation
6.58%
Original Mortgage
$412,392
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2013
Sold by
Carlyle Assets Inc
Bought by
Padilla Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2010
Sold by
Us Bank National Association
Bought by
Carlyle Assets Inc

Purchase Details

Closed on
Jul 10, 2009
Sold by
Mendoza Pablo
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 16, 2003
Sold by
Mendoza Rafael and Mendoza Pablo
Bought by
Mendoza Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 1993
Sold by
Wiltz Kevin J
Bought by
Mendoza Rafael and Mendoza Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,483
Interest Rate
7.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sandoval Edwin E $420,000 Old Republic Title Company
Padilla Jose A $250,000 Old Republic Title Company
Carlyle Assets Inc $188,000 Fidelity National Title
Us Bank National Association $228,408 None Available
Mendoza Pablo -- Ticor Title Company
Mendoza Rafael $182,000 World Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandoval Edwin E $412,392
Previous Owner Padilla Jose A $245,471
Previous Owner Mendoza Pablo $229,500
Previous Owner Mendoza Rafael $176,483
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2015 03/18/15 Sold $420,000 +0.2% $164 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $419,000 -- $163 / 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 $8,024 $504,770 $302,863 $201,907
2024 $7,728 $494,874 $296,925 $197,949
2023 $7,354 $485,171 $291,103 $194,068
2022 $7,043 $475,659 $285,396 $190,263
2021 $6,960 $466,333 $279,800 $186,533
2020 $7,005 $461,552 $276,931 $184,621
2019 $6,763 $452,502 $271,501 $181,001
2018 $6,610 $443,630 $266,178 $177,452
2016 $6,331 $426,405 $255,843 $170,562
2015 $6,052 $403,912 $203,996 $199,916
2014 $6,058 $396,000 $200,000 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15012223

California Regional Multiple Listing Service (CRMLS)

APN: 6028-022-007