$5,752,000
SOLD NOV 17, 2017
6 Beds
4 Baths
4,010 Sq Ft
0.59 Acres

Recently Sold

$1,434 Per Sq Ft

21% Below List Price

67 Days on Market

Highlights

  • 25,769 Sq Ft lot
  • Corner Lot
  • Laundry Room
  • Canfield Avenue Elementary Rated A-
  • No HOA

About This Home

As of November 2017

This home is located at 1115 S Swall Dr, Los Angeles, CA 90035 and is currently priced at $5,752,000, approximately $1,434 per square foot. This property was built in 1979. 1115 S Swall Dr is a home located in Los Angeles County with nearby schools including Canfield Avenue Elementary, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

Last Agent to Sell the Property

Amy Klein

Rodeo Realty License #01364392 Listed on: 07/24/2017

Rodeo Realty

Last Buyer's Agent

Amy Klein

Rodeo Realty License #01364392 Listed on: 07/24/2017

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,423

Year Built

  • Built in 1979

Lot Details

  • 0.59 Acre Lot
  • No Common Walls
  • Corner Lot
  • Rectangular Lot
  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 4,010 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 8442
  • Assessor Parcel Number 4332011057

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Professional Management Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,423

Year Built

Built in 1979

Lot Details

0

Parking

6

Listing Details

  • Professional Management Expense: 1.00
  • Property Attached: No
  • Water Sewer Expenses: 1.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4332011057
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1434.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 20000-39999 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 25769.00

Rental Info

  • Tenant Pays: Other

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 174000.00
  • Insurance Expense: 1.00
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Other Income Description: current income
  • Rent Control: No
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Census Tract: 2170.01
  • Tax Lot: 3
  • Tax Tract Number: 8442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2017
Closed on
Nov 7, 2017
Sold by
Musselman David R and Malone Terrance A
Bought by
Century Lofts Llc
Seller's Agent
Amy Klein
Rodeo Realty
Buyer's Agent
Amy Klein
Rodeo Realty
List Price
$7,250,000
Sold Price
$5,752,000
Premium/Discount to List
-$1,498,000
-20.66%
Total Days on Market
67
Current Estimated Value
$2,228,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,523,283
Avg. Annual Appreciation
-11.81%

Purchase Details

Closed on
Feb 13, 2017
Sold by
Musselman Georgiana R
Bought by
Musselman David R

Purchase Details

Closed on
Jul 21, 2004
Sold by
Musselman Georgiana R
Bought by
Musselman Georgiana R and Musselman Exemption Lawrence R

Purchase Details

Closed on
Jul 29, 2003
Sold by
Musselman Georgiana R and The Lawrence & Georgiana Musse
Bought by
Musselman Georgiana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1999
Sold by
Musselman Georgiana R
Bought by
Musselman Georgiana R and Musselman Lawrence

Purchase Details

Closed on
Aug 12, 1996
Sold by
Shupien Sally Ann
Bought by
Levine Barton
Source: Public Records

Similar Homes in the area

  • 976 Elden Ave, Los Angeles, CA 90006

    $5,480,000

    • 3 Beds
    • 3 Baths
    • 17,544 Sq Ft
    • 976 Elden Ave
    • Los Angeles, CA

    Excellent Investment Opportunity in a Fantastic Mid-Wilshire location closed to Koreatown. Built in 1990, Lot Size 17,105 Sq. Ft. Living Area 17,544 Sq. Ft. 976 Elden Ave is not subject to Los Angels City Rent Control and is subject to AB 1482 State Rent Control allowing for higher annual increases. Great potential for increased rents. This 20 units apartment complex offers (16) two-bedroom /

    Susan Wang IRN Realty

    Section Image
  • 300 Westmoreland Ave, Los Angeles, CA 90020

    $6,900,000

    • 3 Beds
    • 3 Baths
    • 18,800 Sq Ft
    • 300 Westmoreland Ave
    • Los Angeles, CA

    PRIME LOCATION! THIS PROPERTY LOCATED AT EH HEART OF KOREATOWN, THE 21-UNIT MULTIFAMILY PROPERTY LOCATED AT 300 S. WESTMORELAND BLVD, LOS ANGELES. CA 90020 IS AN INVESTMENT OPPORTUNITY IN THE KOREATOWN NEIGHBORHOOD OF LOS ANGELES LOCATED AND EASY ACCESS TO FREEWAY. THE BUILDING IS BUILT IN 1994, THE PROPERTY IS NON-RENT CONTROLLED. UNIT COMES WITH COVERED PARKING SPACE AND EASY ACCESS TO GATED

    Soya Yoon New Star Realty & Investment

    Section Image
  • 10814 Blix St, North Hollywood, CA 91602

    $4,695,000

    • 3 Beds
    • 3 Baths
    • 9,435 Sq Ft
    • 10814 Blix St
    • North Hollywood, CA

    The Buildings: This 18-unit apartment building is a standout property featuring three separate structures on an expansive 19,496 square foot lot. The units offer a versatile mix of studio, one-bedroom, and two-bedroom apartments, providing approximately 9,435 square feet of total living space. Additionally, the property includes 20 dedicated parking spaces, offering convenience and added value

    Reza Ghobadi Reza Ghobadi

    Section Image
  • 323 N Soto St, Los Angeles, CA 90033

    $4,450,000

    • 1 Bed
    • 2 Baths
    • 11,408 Sq Ft
    • 323 N Soto St
    • Los Angeles, CA

    Presenting for sale: A Multi-Family 40 unit newly remodeled residential community located in Historic Boyle Heights. This property has 38 studios and 2 one bedrooms. 17 units have been renovated with new flooring, kitchenettes, and sleek finishes. Tenants have access to the amenities of on-site laundry, high speed Wi-Fi internet, and proximity to the historic pedestrian shopping mall of Cesar

    Logan Altman Altman Apartments LLC

    Section Image
  • 6911 Haskell Ave, van Nuys, CA 91406

    $4,995,000

    • 3 Beds
    • 3 Baths
    • 18,977 Sq Ft
    • 6911 Haskell Ave
    • van Nuys, CA

    25 Units, One Non-Conforming. Garden Style Two Story Multifamily Complex in West Van Nuys Area. Property Consist Of 7-2Br.+1Ba. 17-1 Br.+ 1 Ba. 21,133 Sq. Ft Lot, 18,602 Sq. Ft. Rental Space, Pool, On-Site Laundry, Private Balconies, Separate Miters, 24 Gated Parking Spaces w/New Sliding Gate Motor, Five Years Old Roof, Brand New Pool Equipment and Brand-New Metal Pool Child Proof Fence, Some

    Anthony Friedman Friedman Realty & Investments Inc

    Section Image
  • 12528 Bradley Ave, Sylmar, CA 91342

    $4,500,000

    • 1 Bed
    • 1 Bath
    • 12528 Bradley Ave
    • Sylmar, CA

    Discover a rare opportunity to own 11 rental units across two parcels in the heart of Sylmar. This well-positioned property offers strong existing income with significant upside potential, including space for additional units or large ADUs. With two detached garages and expansive lot space, the setup is ideal for investors looking to grow their portfolio or explore redevelopment opportunities.

    Trey Ballard eXp Realty of Greater Los Angeles

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,216,000 Progressive Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Southland Title Corporation
Interfamily Deed Transfer -- Southland Title Corporation
Gift Deed -- --
Interfamily Deed Transfer -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $130,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Rented $5,200 -2.7% --
02/18/2019 02/18/19 For Rent $5,345 0.0% --
11/17/2017 11/17/17 Sold $5,752,000 -20.7% $1,434 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $7,250,000 -- $1,808 / 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
2024 $22,423 $1,823,870 $1,812,717 $11,153
2023 $21,992 $1,788,109 $1,777,174 $10,935
2022 $20,974 $1,753,049 $1,742,328 $10,721
2021 $20,707 $1,718,676 $1,708,165 $10,511
2020 $20,919 $1,701,054 $1,690,650 $10,404
2019 $20,088 $1,667,700 $1,657,500 $10,200
2018 $19,930 $1,635,000 $1,625,000 $10,000
2017 $6,038 $474,644 $195,149 $279,495
2016 $5,861 $465,338 $191,323 $274,015
2015 $5,779 $458,350 $188,450 $269,900
2014 $5,810 $449,373 $184,759 $264,614
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17169682

California Regional Multiple Listing Service (CRMLS)

APN: 4332-011-057