NOT LISTED FOR SALE

1120 W 101st St Los Angeles, CA 90044

Estimated Value: $828,000 - $945,000

5 Beds
3 Baths
2,326 Sq Ft
$384/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $648,000 $279 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,571/month

428 Days on Market

Highlights

  • Stone Countertops
  • No HOA
  • Wrought Iron Fence

About This Home

As of October 2019

An Investor’s Dream: Fully Rented, totally stabilized property. Long Term Tenants, stable Income, controlled expenses and well maintained Triplex. Great CAP Rate, close to the new Ram's Stadium! Three Units in two building property. Excellent Rental Income Opportunity at the strong Metropolitan area of South-West Los Angeles. Close to employment, education, transportation, services, entertainment etc. Easy access to Fwy 110 and Fwy 105. Three Units in a gated Lot, nice green area with paved driveway. Each unit with independent and enclosed garage, fully remodeled few year ago, kitchens with granite counters that make Tenants happy to live there. Great opportunity for Long Term Investors in a highly demanded rental area. Property is fully rented and seasoned to qualify for Investment Loan. Property will be delivered subject to the existing Lease Agreements with all current Tenants In Possession. Property will be shown to a qualified "Subject To Internal Inspection Offer". Please "Do Not Disturb Tenants". For all your questions please contact the Listing Agent. Listing updated daily, Thank you!

Last Agent to Sell the Property

Julio Kong

American Transactions Inc. License #01922232 Listed on: 05/21/2018

Last Buyer's Agent

Claire Rock

Berkshire Hathaway HomeServices Drysdale Prop License #01249131

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,037

Year Built

  • Built in 1923

Lot Details

  • 8,644 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 63
  • Tax Tract Number 2752
  • Assessor Parcel Number 6060025008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,508
  • Water Sewer Expense $1,284
  • New Taxes Expense $7,412
  • Operating Expense $11,404
  • Gross Income $47,196
  • Net Operating Income $35,792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,037

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • CapRate: 5.40
  • Other Phone Description: 949-416-3363
  • Other Phone Number: 949-416-3363
  • Property Attached: No
  • Water Sewer Expenses: 1284.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6060025008
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Interior Amenities: Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 278.59

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8644.00
  • Lot Size Acres: 0.1984

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 47196.00
  • Gross Operating Income: 47196.00
  • Gross Scheduled Income: 47196.00
  • Insurance Expense: 1508.00
  • Lot Size Area: 8644.0000 Square Feet
  • Net Operating Income: 35791.60
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 13804.00
  • Rent Control: Yes
  • Total Actual Rent: 3933.00
  • Total Expenses: 11404.40

Tax Info

  • New Taxes Expense: 7412.40
  • Tax Census Tract: 6002.02
  • Tax Lot: 63
  • Tax Tract Number: 2752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 14, 2019
Sold by
Fernandez Yasna
Bought by
Enllanche Carlos
Seller's Agent
Julio Kong
American Transactions Inc.
Buyer's Agent
Claire Rock
Berkshire Hathaway HomeServices Drysdale Prop
List Price
$699,000
Sold Price
$648,000
Premium/Discount to List
-$51,000
-7.3%
Current Estimated Value
$892,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,349
Avg. Annual Appreciation
5.46%
Original Mortgage
$551,485
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2019
Sold by
Enllancehe Carlos and Enllanche Carlos L
Bought by
Smith Marteese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,485
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 20, 2015
Sold by
1018 W 103Rd Street Llc
Bought by
Enlianche Carlos L
Seller's Agent
ilan Rozenfeld
Power Brokers
Buyer's Agent
Andy Zepeda
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$360,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 13, 2011
Closed on
Feb 8, 2012
Sold by
Aurora Loan Services Llc
Bought by
1018 W 103Rd Street Llc
Seller's Agent
John Capiro
Compass
Buyer's Agent
John Capiro
Compass
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.30%

Purchase Details

Closed on
Aug 24, 2011
Sold by
Picard Manya M
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 9, 2011
Sold by
1120 W 101St Street Trust
Bought by
Johnson Paul W and 1120 W 101St Street Trust

Purchase Details

Closed on
Jan 1, 2011
Sold by
Picard Manya M
Bought by
1120 W 101St Street Trust

Purchase Details

Closed on
May 4, 2006
Sold by
Picard Michael A
Bought by
Picard Manya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 2004
Sold by
Picard Michael Anthony
Bought by
Picard Manya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Picard Michael A
Bought by
Picard Manya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Aof/Pacific Affordable Housing Corp
Bought by
Picard Manya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Hud
Bought by
Aof/Pacific Affordable Housing Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,031
Interest Rate
5.71%

Purchase Details

Closed on
Feb 10, 2003
Sold by
First Nationwide Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Dec 3, 2002
Sold by
Hud
Bought by
First Nationwide Mortgage Corp

Purchase Details

Closed on
Sep 14, 2001
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Feb 22, 2000
Sold by
Olmos Maria and Olmos Maria G
Bought by
Fuentes Dorotea and Fuentes Marcelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,103
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 1999
Sold by
Sazegar David
Bought by
Olmos Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,100
Interest Rate
7.82%
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
Enllanche Carlos -- Lawyers Title
Smith Marteese $648,000 Lawyers Title Company
Enlianche Carlos L $515,000 Usa National Title Company
1018 W 103Rd Street Llc $215,000 Lsi Title Company
Aurora Loan Services Llc $265,000 Accommodation
Johnson Paul W -- None Available
1120 W 101St Street Trust -- None Available
Picard Manya M -- Security Union Title
Picard Manya M -- New Century Title
Picard Manya M -- Southland Title
Picard Manya M $295,000 Southland Title
Aof/Pacific Affordable Housing Corp $240,000 Nations
Hud -- --
First Nationwide Mortgage Corp -- --
Hud -- --
First Nationwide Mtg Corp $248,541 Stewart Title
Fuentes Dorotea $232,000 First American Title Co
Olmos Maria G -- First American
Olmos Maria G $133,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Marteese $551,485
Previous Owner Enlianche Carlos L $360,000
Previous Owner Picard Manya M $423,750
Previous Owner Picard Manya M $284,000
Previous Owner Picard Manya M $210,000
Previous Owner Aof/Pacific Affordable Housing Corp $225,031
Previous Owner Fuentes Dorotea $230,103
Previous Owner Olmos Maria G $133,100
Closed Picard Manya M $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2019 10/11/19 Sold $648,000 -3.0% $279 / Sq Ft
07/18/2019 07/18/19 Price Changed $668,000 -0.1% $287 / Sq Ft
06/18/2019 06/18/19 Price Changed $668,500 -0.1% $287 / Sq Ft
05/13/2019 05/13/19 Price Changed $669,000 -0.1% $288 / Sq Ft
01/13/2019 01/13/19 Price Changed $669,500 -0.1% $288 / Sq Ft
11/12/2018 11/12/18 Price Changed $669,900 -0.1% $288 / Sq Ft
10/08/2018 10/08/18 Price Changed $670,900 -0.3% $288 / Sq Ft
09/24/2018 09/24/18 Price Changed $672,900 -0.3% $289 / Sq Ft
08/14/2018 08/14/18 Price Changed $674,900 -0.7% $290 / Sq Ft
08/02/2018 08/02/18 Price Changed $679,900 -0.9% $292 / Sq Ft
07/19/2018 07/19/18 Price Changed $685,900 -0.6% $295 / Sq Ft
07/05/2018 07/05/18 Price Changed $689,900 -0.7% $297 / Sq Ft
06/27/2018 06/27/18 Price Changed $695,000 -0.3% $299 / Sq Ft
06/15/2018 06/15/18 Price Changed $697,000 -0.3% $300 / Sq Ft
05/30/2018 05/30/18 For Sale $699,000 +7.9% $301 / Sq Ft
05/27/2018 05/27/18 Off Market $648,000 -- --
05/27/2018 05/27/18 For Sale $699,000 +7.9% $301 / Sq Ft
05/25/2018 05/25/18 Off Market $648,000 -- --
05/21/2018 05/21/18 For Sale $699,000 +35.7% $301 / Sq Ft
06/27/2015 06/27/15 Sold $515,000 +3.2% $221 / Sq Ft View Prior Sale
05/09/2015 05/09/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $499,000 +132.1% $215 / Sq Ft
03/09/2012 03/09/12 Sold $215,000 -6.5% $85 / Sq Ft View Prior Sale
02/07/2012 02/07/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $229,900 -- $91 / 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 $10,037 $708,677 $531,509 $177,168
2024 $10,037 $694,783 $521,088 $173,695
2023 $9,621 $681,161 $510,871 $170,290
2022 $9,195 $667,805 $500,854 $166,951
2021 $9,105 $654,712 $491,034 $163,678
2020 $9,173 $648,000 $486,000 $162,000
2019 $7,909 $554,852 $404,019 $150,833
2018 $7,759 $543,974 $396,098 $147,876
2016 $7,412 $522,853 $380,718 $142,135
2015 $3,909 $224,696 $177,667 $47,029
2014 -- $220,295 $174,187 $46,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18120977

California Regional Multiple Listing Service (CRMLS)

APN: 6060-025-008