NOT LISTED FOR SALE

1111 Fedora St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,162,423 - $1,330,000

6 Beds
4 Baths
2,828 Sq Ft
$446/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $1,090,000 $385 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,989/month

165 Days on Market

Highlights

  • City Lights View
  • Laundry Room
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Rectangular Lot

About This Home

As of April 2022

Rare Triplex Jewel in an Outstanding Location close to the heart of Korea Town and just minutes from downtown L.A. It shows according to Assessor Office as a total of 6 Bed/ 4 Bath (buyer to investigate & verify themselves), approx 2/3 of Building SqFt Back Unit is 4Bed/2Bath & it was built in 2007 approx. (2/3 NEWER CONSTRUCTION). In addition, it features a Unique Outdoor rear Top Floor Balcony/Patio with a spectacular view of downtown LA westbound and Korea Town for your enjoyment or to entertain your guests. 2nd & 3rd Units are 1Bed/1 Bath Each in very Good Condition. All Units have their own laundry room area. PLENTY of PARKING Spaces & Long Driveway for additional parking.

Last Agent to Sell the Property

Juan Morales

C-21 Masters License #01421943 Listed on: 10/01/2021

Last Buyer's Agent

Linda Tumen

One Properties License #01841076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,096

Year Built

  • Built in 1915

Lot Details

  • 5,906 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 2,828 Sq Ft Home
  • Tile Flooring
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Paved Parking

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / 33
  • Assessor Parcel Number 5078021004
  • $464 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $12,600
  • Gross Income $53,556
  • Net Operating Income $40,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,096

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Price Per Unit: 386633
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5078021004
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Price Per Square Foot: 385.43

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Paved
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5906.00
  • Lot Size Acres: 0.1356

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 53556.00
  • Gross Scheduled Income: 53556.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5906.0000 Square Feet
  • Net Operating Income: 40956.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12600.00
  • Rent Control: Yes
  • Total Expenses: 12600.00

Tax Info

  • Tax Block: 33
  • Tax Census Tract: 2133.10
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 464.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Khoubian and Hayat
Bought by
Ehk Llc
Current Estimated Value
$1,260,356

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 25, 2022
Sold by
Rebeca Gutierrez
Bought by
Marroquin Carlos Gutierrez
Seller's Agent
Juan Morales
C-21 Masters
Buyer's Agent
Linda Tumen
One Properties
List Price
$1,199,900
Sold Price
$1,090,000
Premium/Discount to List
-$109,900
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 24, 2022
Sold by
Marroquin Concepcion and Marroquin Daniel Alberto
Bought by
Khoubian Eshagh and Khoubian Hayat
Seller's Agent
Juan Morales
C-21 Masters
Buyer's Agent
Linda Tumen
One Properties
List Price
$1,199,900
Sold Price
$1,090,000
Premium/Discount to List
-$109,900
-9.16%

Purchase Details

Closed on
Nov 15, 2021
Sold by
Marroquin Concepcion
Bought by
Marroquin Concepcion and Marroquin Daniel Alberto

Purchase Details

Closed on
Apr 21, 2021
Sold by
Marroquin Daniel Alfonso
Bought by
Marroquin Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Marroquin Concepcion
Bought by
Marroquin Concepcion

Purchase Details

Closed on
Jul 8, 2005
Sold by
Marroquin William Osvaldo
Bought by
Marroquin William Osvaldo

Purchase Details

Closed on
Jun 1, 2004
Sold by
Marroquin Concepcion
Bought by
Marroquin William Osvaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ehk Llc -- Accommodation/Courtesy Recordi
Marroquin Carlos Gutierrez -- Fidelity National Title
Khoubian Eshagh $1,090,000 Fidelity National Title
Marroquin Concepcion -- None Available
Marroquin Concepcion -- Fidelity National Ttl Co Ie
Marroquin Concepcion -- None Available
Marroquin Concepcion -- None Available
Marroquin William Osvaldo -- --
Marroquin William Osvaldo -- Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marroquin Concepcion $320,000
Previous Owner Marroquin William Osvaldo $232,500
Previous Owner Marroquin William Osvaldo $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $1,090,000 0.0% $385 / Sq Ft
04/08/2022 04/08/22 Off Market $1,090,000 -- --
03/15/2022 03/15/22 Pending -- -- --
03/07/2022 03/07/22 Price Changed $1,159,900 -0.9% $410 / Sq Ft
11/09/2021 11/09/21 Price Changed $1,169,900 -2.4% $414 / Sq Ft
10/29/2021 10/29/21 Price Changed $1,198,500 0.0% $424 / Sq Ft
10/14/2021 10/14/21 Price Changed $1,199,000 -0.1% $424 / Sq Ft
10/01/2021 10/01/21 For Sale $1,199,900 -- $424 / 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 $14,096 $1,156,716 $955,087 $201,629
2024 $14,096 $1,134,036 $936,360 $197,676
2023 $13,829 $1,111,800 $918,000 $193,800
2022 $10,452 $854,556 $485,574 $368,982
2021 $4,774 $366,394 $119,144 $247,250
2020 $4,816 $362,638 $117,923 $244,715
2019 $4,639 $355,528 $115,611 $239,917
2018 $4,513 $348,558 $113,345 $235,213
2016 $4,295 $335,025 $108,945 $226,080
2015 $4,235 $329,994 $107,309 $222,685
2014 $4,270 $323,530 $105,207 $218,323
Source: Public Records

Agents Affiliated with this Home

  • Juan Morales

    Seller's Agent in 2022

    Juan Morales

    C-21 Masters

    (626) 664-2451

    1 in this area

    49 Total Sales

    Juan Morales
    Section Image

  • L

    Buyer's Agent in 2022

    Linda Tumen

    One Properties

    (213) 247-4210

    1 in this area

    19 Total Sales

    Linda Tumen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21218868

California Regional Multiple Listing Service (CRMLS)

APN: 5078-021-004

California Los Angeles County Los Angeles 90006 Pico-Union

1111 Fedora St, Los Angeles, CA

This home is located at 1111 Fedora St, Los Angeles, CA 90006 since 01 October 2021 and is currently estimated at $1,260,356, approximately $445 per square foot. This property was built in 1915. 1111 Fedora St is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Berendo Middle, 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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