NOT LISTED FOR SALE

1112 E 113th St Los Angeles, CA 90059

Green Meadows Neighborhood

Estimated Value: $685,000 - $834,000

8 Beds
4 Baths
2,364 Sq Ft
$320/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $417,000 $176 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,491/month

11 Days on Market

About This Home

As of July 2016

-Non-Rent Controlled Duplex - Located in Dense Rental Market -Walking Distance to Retail Shops, Restaurants and Grocery Stores -Direct Access to the 105 & 110 Freeways - Immediate Transit to Surrounding Employment Hubs -Individual Hot Water Heaters -2002 Vintage Building -Four Parking Spaces & Individually Metered for Gas & Electricity -Residential Asset - Qualifies for Attractive Interest Rate Financing

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 05/09/2016

Co-Listed By

Gianluca Jacoli

Shield CRE, Inc. License #01938297

Last Buyer's Agent

Peyman Zar

Fact Realty License #01872402

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,271

Year Built

  • Built in 2002

Lot Details

  • 4,351 Sq Ft Lot

Parking

  • 4 Car Garage
  • 4 Carport Spaces

Interior Spaces

  • 2,364 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6072-025-033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,271

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2364
  • Price Per Unit: 225000.00
  • Stories: 2
  • Year Built: 2002
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 190.36

Exterior Features

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

Garage/Parking

  • Carport Spaces: 4
  • Garage Spaces: 4
  • Parking Garage: Carport
  • Total Parking: 4

Utilities

  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Expense: 3000.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1064.00
  • Maintenance Expense: 500.00
  • Other Expense: 400.00

Lot Info

  • Assessed Improvement Value: 125411
  • Assessed Land Value: 167215
  • Assessor Parcel Number: 6072-025-033
  • Geocode Override: No
  • Lot Size Area: 4351

Rental Info

  • Total Actual Rent: 33600.00
  • Rent Control: No

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.39
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 11189
  • Type Of Units: 4 Bd / 2 Ba
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: 5%

Tax Info

  • Tax Expense: 5625.00
  • Tax Percent: 1.25
  • Tax Total: 5625.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 19, 2016
Sold by
Soleimani Nancy
Bought by
Sabouhi Kiumars
Seller's Agent
Jonathan Nikfarjam
Shield CRE, Inc.
Buyer's Agent
Peyman Zar
Fact Realty
List Price
$450,000
Sold Price
$417,000
Premium/Discount to List
-$33,000
-7.33%
Current Estimated Value
$756,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,480
Avg. Annual Appreciation
6.65%
Original Mortgage
$312,750
Outstanding Balance
$249,830
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$506,650

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 18, 2016
Sold by
Tangen Darren N
Bought by
Sabouhi Kiumars
Seller's Agent
Jonathan Nikfarjam
Shield CRE, Inc.
Buyer's Agent
Peyman Zar
Fact Realty
List Price
$450,000
Sold Price
$417,000
Premium/Discount to List
-$33,000
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,750
Outstanding Balance
$249,830
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$506,650

Purchase Details

Closed on
Aug 1, 2011
Sold by
Waters Alban D
Bought by
Tangen Darren N and The Darren N Tangen Revocable Living Tru

Purchase Details

Closed on
Jan 8, 2003
Sold by
L A Home & Investments
Bought by
Waters Alban D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.84%
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
Sabouhi Kiumars -- North American Title Company
Sabouhi Kiumars $417,000 North American Title Company
Tangen Darren N $200,000 Stewart Title Company
Waters Alban D $270,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabouhi Kiumars $312,750
Previous Owner Waters Alban D $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2016 07/26/16 Sold $417,000 -7.3% $176 / Sq Ft
05/09/2016 05/09/16 For Sale $450,000 -- $190 / 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 $6,271 $483,958 $232,114 $251,844
2024 $6,271 $474,469 $227,563 $246,906
2023 $6,154 $465,166 $223,101 $242,065
2022 $5,880 $456,046 $218,727 $237,319
2021 $5,798 $447,105 $214,439 $232,666
2019 $5,628 $433,846 $208,080 $225,766
2018 $5,554 $425,340 $204,000 $221,340
2016 $3,956 $297,088 $169,765 $127,323
2015 $3,898 $292,626 $167,215 $125,411
2014 $3,915 $286,895 $163,940 $122,955
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Nikfarjam

    Seller's Agent in 2016

    Jonathan Nikfarjam

    Shield CRE, Inc.

    (310) 880-6807

    75 Total Sales

    Jonathan Nikfarjam
    Section Image
  • Gianluca Jacoli

    Seller Co-Listing Agent in 2016

    Gianluca Jacoli

    Shield CRE, Inc.

    (510) 708-2662

    49 Total Sales

    Gianluca Jacoli
    Section Image
  • Peyman Zar

    Buyer's Agent in 2016

    Peyman Zar

    Fact Realty

    (310) 266-9083

    44 Total Sales

    Peyman Zar
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-123242

The MLS

APN: 6072-025-033

California Los Angeles County Los Angeles 90059 Green Meadows

1112 E 113th St, Los Angeles, CA

This home is located at 1112 E 113th St, Los Angeles, CA 90059 since 09 May 2016 and is currently estimated at $756,480, approximately $320 per square foot. This property was built in 2002. 1112 E 113th St is a home located in Los Angeles County with nearby schools including One Hundred Twelfth Street Elementary School, Samuel Gompers Middle School, and Resolute Academy Charter School.

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