NOT LISTED FOR SALE

1125 S Ferris Ave Los Angeles, CA 90022

Estimated Value: $740,000 - $1,077,145

6 Beds
3 Baths
2,098 Sq Ft
$433/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $730,000 $348 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,135/month

9 Days on Market

About This Home

As of May 2019

Just Listed!!! Motivated Seller!!! Centrally located Triplex , front unit is a 3/1, middle unit is a 2/1, back unit is a 1/1, All units well maintained. All units have new tile flooring though out, New Interior and exterior paint, updated stone counter tops and plumbing fixtures, All windows recently replaced. BONUS ROOM, possible 4th unit(small studio with bathroom)

Last Agent to Sell the Property

Alex Marinez

Spectra Home Loans License #01817707 Listed on: 01/20/2019

Co-Listed By

GEORGE ARIAS

Spectra Home Loans License #01238363

Last Buyer's Agent

Irma Garcia

CENTURY 21 REALTY MASTERS License #01325950

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,005

Year Built

  • Built in 1922

Lot Details

  • 7,559 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Home Design

  • 2,098 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 99
  • Tax Tract Number 5714
  • Assessor Parcel Number 5246026011

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,005

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR4*
  • Property Type: Residential Income
  • Parcel Number: 5246026011
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 347.95

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Chain Link, Wrought Iron
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 7559.00
  • Lot Size Acres: 0.1735

Multi Family

  • Gross Income: 3900.00
  • Gross Scheduled Income: 3900.00
  • Lot Size Area: 7559.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5316.02
  • Tax Lot: 99
  • Tax Tract Number: 5714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Villanueva Juan
Bought by
Villanueva Juan and Villanueva Esbevde
Current Estimated Value
$957,789

Purchase Details

Listed on
Jan 20, 2019
Closed on
May 2, 2019
Sold by
Villanueva Esbeyde M De
Bought by
Villanueva Juan
Seller's Agent
Alex Marinez
Spectra Home Loans
Buyer's Agent
Irma Garcia
CENTURY 21 REALTY MASTERS
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$255,000
Outstanding Balance
$223,753
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$684,533

Purchase Details

Listed on
Jan 20, 2019
Closed on
Apr 1, 2019
Sold by
Virgen Efren
Bought by
Villanueva Juan
Seller's Agent
Alex Marinez
Spectra Home Loans
Buyer's Agent
Irma Garcia
CENTURY 21 REALTY MASTERS
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$223,753
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$684,533

Purchase Details

Closed on
Jul 26, 2018
Sold by
Amaya Marvin and Virgen Efren
Bought by
Virgen Efren

Purchase Details

Listed on
Jul 6, 2017
Closed on
May 23, 2018
Sold by
Amaya Marvin
Bought by
Amaya Marvin and Virgen Efren
Seller's Agent
Armando Arenas
GEORGE MICHAEL REALTY
Buyer's Agent
RICARDO GONZALEZ
CITYWIDE ELITE REALTY
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Nov 30, 2017
Sold by
Barba Manuel and Labrado Alyssa R
Bought by
Amaya Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 14, 2013
Sold by
Barba Manuel and Labrado Alyssa R
Bought by
Barba Manuel and Labrado Alyssa R

Purchase Details

Closed on
May 23, 2005
Sold by
Barba Manuel
Bought by
Barba Manuel and Labrado Alyssa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Valdez Enedina
Bought by
Barba Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,200
Interest Rate
3.83%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 29, 2004
Sold by
Ramirez Susana
Bought by
Valdez Enedina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,200
Interest Rate
3.83%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 19, 1996
Sold by
Valdez Enedina
Bought by
Ramirez Octavio and Ramirez Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.25%
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
Villanueva Juan -- None Available
Villanueva Juan -- Wfg Title
Villanueva Juan $730,000 Wfg Title
Virgen Efren -- Accommodation
Amaya Marvin -- Accommodation
Amaya Marvin $525,000 Wfg Title Company Of Califor
Labrado Alyssa R -- Wfg Title Company Of Califor
Barba Manuel -- None Available
Barba Manuel -- First American Title Company
Barba Manuel $308,000 Fidelity National Title Co L
Valdez Enedina -- Fidelity National Title Co L
Valdez Enedina -- Fidelity National Title Co L
Ramirez Octavio $225,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villanueva Juan $255,000
Previous Owner Amaya Marvin $393,000
Previous Owner Barba Manuel $345,000
Previous Owner Barba Manuel $277,200
Previous Owner Ramirez Octavio $180,000
Closed Ramirez Octavio $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $730,000 -2.7% $348 / Sq Ft
02/01/2019 02/01/19 For Sale $750,000 0.0% $357 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/20/2019 01/20/19 For Sale $750,000 +42.9% $357 / Sq Ft
05/02/2018 05/02/18 Sold $525,000 0.0% $250 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $525,000 -- $250 / 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 $11,005 $814,323 $529,869 $284,454
2024 $11,005 $798,357 $519,480 $278,877
2023 $10,765 $782,704 $509,295 $273,409
2022 $10,411 $767,358 $499,309 $268,049
2021 $10,072 $752,313 $489,519 $262,794
2020 $10,003 $744,600 $484,500 $260,100
2019 $7,399 $525,000 $295,000 $230,000
2018 $5,861 $374,859 $224,917 $149,942
2016 $5,624 $360,304 $216,184 $144,120
2015 $5,336 $354,893 $212,937 $141,956
2014 $5,289 $347,942 $208,766 $139,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19013557

California Regional Multiple Listing Service (CRMLS)

APN: 5246-026-011