NOT LISTED FOR SALE

11125 S Budlong Ave Los Angeles, CA 90044

Westmont Neighborhood

Estimated Value: $1,091,000 - $1,230,394

9 Beds
6 Baths
3,565 Sq Ft
$327/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $1,175,000 $330 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,607/month

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • Laundry Room

About This Home

As of June 2021

Excellent property in prime location. Great condition. Front building with 2 units was built in 2003 and back building with the 3rd unit was remodeled at that time as well. They have been maintained in great condition since. Property has great income and is an excellent opportunity for investor or buyer looking to occupy.

Last Agent to Sell the Property

Delimiro Ceja

CENTURY 21 REALTY MASTERS License #02055809 Listed on: 04/10/2021

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Delimiro Ceja

CENTURY 21 REALTY MASTERS License #02055809 Listed on: 04/10/2021

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,162

Year Built

  • Built in 1954

Lot Details

  • 8,993 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,565 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 55
  • Tax Tract Number 2871
  • Assessor Parcel Number 6076020006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $1,800
  • Water Sewer Expense $2,400
  • New Taxes Expense $15,000
  • Operating Expense $20,600
  • Gross Income $93,000
  • Net Operating Income $72,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,162

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LCR320U*
  • Property Type: Residential Income
  • Parcel Number: 6076020006
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 329.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8993.00
  • Lot Size Acres: 0.2065

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 93000.00
  • Gross Scheduled Income: 93000.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 8993.0000 Square Feet
  • Net Operating Income: 72400.00
  • 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: 20600.00
  • Rent Control: Yes
  • Total Expenses: 20600.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Census Tract: 6003.04
  • Tax Lot: 55
  • Tax Tract Number: 2871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
May 29, 2021
Sold by
Lopez Rosario De Jesus
Bought by
Lopez Guadalupe
Seller's Agent
Delimiro Ceja
CENTURY 21 REALTY MASTERS
Buyer's Agent
Delimiro Ceja
CENTURY 21 REALTY MASTERS
List Price
$1,200,000
Sold Price
$1,175,000
Premium/Discount to List
-$25,000
-2.08%
Current Estimated Value
$1,166,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,651
Avg. Annual Appreciation
1.15%

Purchase Details

Closed on
Mar 29, 2021
Sold by
Flores Real Estate Investments Llc
Bought by
Lopez Mindy G and Lopez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2019
Sold by
Francisco Flores Living Trust
Bought by
Flores Real Estate Investments Llc

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 8, 2016
Sold by
Cullen Brian
Bought by
Flores Francisco and Francisco Flores Living Trust
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Leo Nordine
Nordine Realtors, Inc.
List Price
$625,000
Sold Price
$630,000
Premium/Discount to List
$5,000
0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$115,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2010
Sold by
Cullen Marcie
Bought by
Cullen Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Cullen Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2010
Sold by
Shores Erick M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 13, 2002
Sold by
Hud
Bought by
Shores Erick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.89%

Purchase Details

Closed on
Mar 19, 2002
Sold by
Sanchez Gabriel L
Bought by
First Nationwide Mtg Corp

Purchase Details

Closed on
May 12, 2000
Sold by
Barragan Alicia
Bought by
Sanchez Gabriel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,912
Interest Rate
8.63%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 1999
Sold by
Ruiz Jorge
Bought by
Barragan Alicia

Purchase Details

Closed on
Oct 4, 1999
Sold by
Ruiz Alicia
Bought by
Ruiz Jorge M

Purchase Details

Closed on
Sep 30, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Ruiz Jorge

Purchase Details

Closed on
Aug 20, 1999
Sold by
Castro Trina S
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Nov 26, 1998
Sold by
Diaz Mike
Bought by
Castro Trina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,102
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1998
Sold by
Romero Ana
Bought by
Diaz Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,102
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1998
Sold by
Bankers Trust Company
Bought by
Diaz Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,102
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1997
Sold by
Partida Relles C and Quality Mtg Usa Inc
Bought by
Bankers Trust Company

Purchase Details

Closed on
Jun 23, 1995
Sold by
Santos Claudia Yolanda
Bought by
Partida Relles Cervantes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lopez Guadalupe -- Lawyers Title
Lopez Mindy G $1,050,000 Lawyers Title Company
Flores Real Estate Investments Llc -- None Available
Flores Francisco $630,000 Usa National Title Company
Cullen Brian -- Lsi Title Agency
Cullen Brian $385,000 Lsi Title Agency
Deutsche Bank National Trust Company -- Lsi Title Agency
Deutsche Bank National Trust Company $276,894 Accommodation
Shores Erick M $113,000 Nations
First Nationwide Mtg Corp $144,416 Chicago Title Co
Hud -- Fidelity National Title
Sanchez Gabriel L $133,000 First Southwestern Title
Barragan Alicia -- First Southwestern Title
Ruiz Jorge M -- Landsafe Title
Ruiz Jorge $60,000 Landsafe Title
Countrywide Home Loans Inc $70,000 Landsafe Title
Castro Trina S $135,000 Stewart Title Company
Diaz Mike -- First Southwestern Title Co
Diaz Mike $71,000 First Southwestern Title Co
Bankers Trust Company $80,000 First Southwestern Title Co
Partida Relles Cervantes -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Mindy Guadalupe $1,710,000
Previous Owner Lopez Mindy G $840,000
Previous Owner Flores Francisco $115,000
Previous Owner Cullen Brian $270,000
Previous Owner Cullen Brian $273,750
Previous Owner Cullen Brian $300,000
Previous Owner Shores Erick M $510,000
Previous Owner Shores Erick M $76,500
Previous Owner Shores Erick M $360,000
Previous Owner Shores Erick M $24,000
Previous Owner Shores Erick M $35,000
Previous Owner Shores Erick M $210,000
Previous Owner Shores Erick M $25,000
Previous Owner Shores Erick M $95,000
Previous Owner Sanchez Gabriel L $131,912
Previous Owner Castro Trina S $134,102
Previous Owner Diaz Mike $84,000
Previous Owner Partida Relles Cervantes $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,175,000 0.0% $330 / Sq Ft
04/12/2021 04/12/21 Price Changed $1,175,000 -2.1% $330 / Sq Ft
04/10/2021 04/10/21 For Sale $1,200,000 +90.5% $337 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
06/23/2016 06/23/16 Sold $630,000 +0.8% $177 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $625,000 -- $175 / 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 $15,162 $1,136,553 $865,945 $270,608
2024 $15,162 $1,114,268 $848,966 $265,302
2023 $14,656 $1,092,420 $832,320 $260,100
2022 $13,977 $1,071,000 $816,000 $255,000
2021 $10,973 $803,842 $618,340 $185,502
2020 $9,710 $681,932 $541,216 $140,716
2019 $9,359 $668,561 $530,604 $137,957
2018 $9,157 $655,452 $520,200 $135,252
2016 $6,239 $416,667 $324,677 $91,990
2015 $6,150 $410,410 $319,801 $90,609
2014 $6,160 $402,372 $313,537 $88,835
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Delimiro Ceja

    CENTURY 21 REALTY MASTERS

    (562) 305-7949

    1 in this area

    35 Total Sales

    Delimiro Ceja
    Section Image

  • L

    Seller's Agent in 2016

    Leo Nordine

    Nordine Realtors, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21075578

California Regional Multiple Listing Service (CRMLS)

APN: 6076-020-006

California Los Angeles County Los Angeles 90044 Westmont

11125 S Budlong Ave, Los Angeles, CA

This home is located at 11125 S Budlong Ave, Los Angeles, CA 90044 since 10 April 2021 and is currently estimated at $1,166,349, approximately $327 per square foot. This property was built in 1954. 11125 S Budlong Ave is a home located in Los Angeles County with nearby schools including Woodcrest Elementary School, George Washington Preparatory High School, and St. Frances X. Cabrini.

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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