NOT LISTED FOR SALE

Estimated Value: $611,449 - $763,000

3 Beds
3 Baths
1,519 Sq Ft
$464/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $412,000 $271 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,153/month

166 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-Story Property

About This Home

As of May 2017

Back on the market !!Great opportunity to have 3 units in Los Angeles Area, each unit has 1 bedroom, 1 bath ,completely remodeled very good condition, close to downtown. Very good tenants. Drive by only please don't disturb tenants.

Last Agent to Sell the Property

Bertha Tapia-Jaramillo

Dynasty Real Estate License #01956975 Listed on: 10/06/2016

Dynasty Real Estate

Last Buyer's Agent

Sean Hughes

Real Broker License #01924935

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,798 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,519 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 2270
  • Assessor Parcel Number 5114025020

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $850
  • Trash Expense $600
  • Water Sewer Expense $900
  • New Taxes Expense $3,563
  • Operating Expense $5,913
  • Gross Income $29,940
  • Net Operating Income $24,028

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5114025020
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 271.23

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: No
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4798.00

Multi Family

  • Gross Income: 29940.00
  • Gross Scheduled Income: 29940.00
  • Insurance Expense: 850.00
  • Net Operating Income: 24028.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5912.00
  • Rent Control: Yes
  • Total Actual Rent: 2495.00
  • Total Expenses: 5912.50

Tax Info

  • New Taxes Expense: 3562.50
  • Tax Census Tract: 2270.20
  • Tax Lot: 21
  • Tax Tract Number: 2270.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Cervantes Angel
Bought by
Cervantes Angel
Current Estimated Value
$704,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,500
Outstanding Balance
$140,351
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$563,761

Purchase Details

Closed on
May 15, 2019
Sold by
Cervantes Angel
Bought by
Angel Cervantes Family Trust

Purchase Details

Listed on
Oct 6, 2016
Closed on
Mar 21, 2017
Sold by
Gutierrez Anastacio
Bought by
Cervantes Angel
Seller's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
Buyer's Agent
Sean Hughes
Real Broker
List Price
$410,000
Sold Price
$412,000
Premium/Discount to List
$2,000
0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$309,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2013
Closed on
Jan 7, 2014
Sold by
Barrera Lucio
Bought by
Gutierrez Anastacio
Seller's Agent
EFREN DE ANDA
VICTORIAN REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$199,500
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2013
Closed on
Jan 6, 2014
Sold by
Duran Claudia L Martinez
Bought by
Gutierrez Anastacio
Seller's Agent
EFREN DE ANDA
VICTORIAN REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 1993
Sold by
Carballo Santiago E
Bought by
Barrera Lucio

Purchase Details

Closed on
Jun 11, 1993
Sold by
Fukuchi Chukichi
Bought by
Barrera Lucio and Barrera Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,809
Interest Rate
6.85%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cervantes Angel -- Unisource
Cervantes Angel -- Unisource Inc
Angel Cervantes Family Trust -- None Available
Cervantes Angel $412,000 Ticor Title
Gutierrez Anastacio $285,000 Title 365
Gutierrez Anastacio -- Title 365
Barrera Lucio -- --
Barrera Lucio $144,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Angel $254,500
Previous Owner Cervantes Angel $309,000
Previous Owner Gutierrez Anastacio $199,500
Previous Owner Barrera Lucio $142,809
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2017 05/11/17 Sold $412,000 -0.7% $271 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/03/2017 03/03/17 Price Changed $415,000 +1.2% $273 / Sq Ft
02/28/2017 02/28/17 For Sale $410,000 0.0% $270 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
12/12/2016 12/12/16 Price Changed $410,000 0.0% $270 / Sq Ft
12/12/2016 12/12/16 For Sale $410,000 -2.4% $270 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $420,000 +47.4% $276 / Sq Ft
01/14/2014 01/14/14 Sold $285,000 -5.0% $188 / Sq Ft View Prior Sale
01/14/2014 01/14/14 Pending -- -- --
08/29/2013 08/29/13 For Sale $300,000 -- $197 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,964 $478,154 $348,173 $129,981
2024 $5,964 $468,780 $341,347 $127,433
2023 $5,852 $459,589 $334,654 $124,935
2022 $5,585 $450,579 $328,093 $122,486
2021 $5,514 $441,745 $321,660 $120,085
2020 $5,566 $437,216 $318,362 $118,854
2019 $5,353 $428,644 $312,120 $116,524
2018 $5,276 $420,240 $306,000 $114,240
2016 $3,741 $295,125 $165,684 $129,441
2015 $3,688 $290,693 $163,196 $127,497
2014 $2,593 $199,643 $55,451 $144,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16718605

California Regional Multiple Listing Service (CRMLS)

APN: 5114-025-020

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