NOT LISTED FOR SALE

11137 Van Buren Ave Los Angeles, CA 90044

Westmont Neighborhood

Estimated Value: $897,944 - $1,143,000

2 Beds
1 Bath
4,032 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $510,000 $126 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,641/month

81 Days on Market

Highlights

  • No HOA
  • Balcony
  • Wall Furnace

About This Home

As of January 2017

INVESTORS/ FLIPPERS DREAM!! Cash Offers Welcomed... QUAD located in highly desirable Non- Rent Controlled area in the County of Los Angeles. Units close to shopping and 110 & 105 fwys. The property needs some TLC. 3 out of 4 Units Occupied and generating income with Sec. 8 tenants. The building consist of 2 Bed 1 Bath in each unit. Parking spaces for each unit. PROBATE SALE SUBJECT TO COURT CONFIRMATION OF ACCEPTED BID- AND OVERBIDDING IN COURT. SOLD AS- NO REPAIRS! Separately metered for electricity and gas. Please DO NOT disturb the tenants. Drive by only.

Last Agent to Sell the Property

Kim McAdams

K & K Group, Inc. License #01921411 Listed on: 06/21/2016

Last Buyer's Agent

Amorette Arceneaux

Premier Real Estate Investments License #01422577

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,289

Year Built

  • Built in 1921

Lot Details

  • 8,998 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 4,032 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 76
  • Tax Tract Number 2871
  • Assessor Parcel Number 6076019032

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $3,878
  • Net Operating Income $46,536

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,289

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-277-1931
  • Other Phone Number: 562-277-1931
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6076019032
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 126.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8998.00
  • Price Per Lot Square Foot: 54.46

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 3878.00
  • Gross Scheduled Income: 46536.00
  • Net Operating Income: 46536.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 76
  • Tax Tract Number: 2871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Nov 22, 2016
Sold by
Norwood Cherline
Bought by
Abc Land Llc
Seller's Agent
Kim McAdams
K & K Group, Inc.
Buyer's Agent
Amorette Arceneaux
Premier Real Estate Investments
List Price
$490,000
Sold Price
$510,000
Premium/Discount to List
$20,000
4.08%
Current Estimated Value
$1,062,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,351
Avg. Annual Appreciation
8.83%
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
Abc Land Llc $510,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abc Land Llc $360,000
Previous Owner Norwood Moses $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2017 01/11/17 Sold $510,000 +4.1% $126 / Sq Ft
09/10/2016 09/10/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $490,000 -- $122 / 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 $9,289 $591,893 $382,991 $208,902
2024 $9,289 $580,288 $375,482 $204,806
2023 $8,810 $568,911 $368,120 $200,791
2022 $8,447 $557,756 $360,902 $196,854
2021 $8,360 $546,821 $353,826 $192,995
2019 $8,131 $530,604 $343,332 $187,272
2018 $7,966 $520,200 $336,600 $183,600
2016 $4,568 $238,472 $68,616 $169,856
2015 $4,510 $234,891 $67,586 $167,305
2014 $4,527 $230,291 $66,263 $164,028
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kim McAdams

    K & K Group, Inc.

    (323) 449-2225

    13 Total Sales

    Section Image

  • A

    Buyer's Agent in 2017

    Amorette Arceneaux

    Premier Real Estate Investments

    (310) 591-6100

    1 Total Sale

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16140329

California Regional Multiple Listing Service (CRMLS)

APN: 6076-019-032

California Los Angeles County Los Angeles 90044 Westmont

11137 Van Buren Ave, Los Angeles, CA

This home is located at 11137 Van Buren Ave, Los Angeles, CA 90044 since 21 June 2016 and is currently estimated at $1,051,236, approximately $260 per square foot. This property was built in 1921. 11137 Van Buren Ave is a home located in Los Angeles County with nearby schools including Woodcrest Elementary School, George Washington Preparatory High School, and Animo South Los Angeles Charter 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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