NOT LISTED FOR SALE

1131 S Record Ave Los Angeles, CA 90023

Estimated Value: $928,616 - $1,095,000

5 Beds
2 Baths
3,015 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $500,000 $166 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,340/month

143 Days on Market

About This Home

As of October 2014

Standard Sale ,
3 separate houses on one Lot in 90023 all with separate Water, electric and gas meters
front house is 3 bed 1 bath ,
back 2 houses are 2 bed 1 bath each
A must see

Last Agent to Sell the Property

Ali Hijazi

Century 21 A Better Service License #01423794 Listed on: 04/18/2014

Century 21 A Better Service

Last Buyer's Agent

Jose Acosta

Pak Home Realty License #01488402

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,899

Year Built

  • Built in 1959

Lot Details

  • 9,053 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 3,015 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Private Water Source
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4510
  • Assessor Parcel Number 5241003017

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $4,000
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,899

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5241003017
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 165.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: None
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9053.00
  • Lot Size Acres: 0.2080

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Lot Size Area: 9053.0000 Square Feet
  • Net Operating Income: 48000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Taxes Percent: 1.25
  • Tax Lot: 17
  • Tax Tract Number: 4510
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2017
Sold by
Yanez Carlos M and Garcia Juan J
Bought by
Yanez Carlos M
Current Estimated Value
$1,037,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,900
Outstanding Balance
$360,820
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$677,084

Purchase Details

Listed on
Apr 18, 2014
Closed on
Oct 24, 2014
Sold by
Garcia Gabriela E
Bought by
Yanez Carlos N
Seller's Agent
Ali Hijazi
Century 21 A Better Service
Buyer's Agent
Jose Acosta
Pak Home Realty
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$374,999
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2014
Closed on
Sep 22, 2014
Sold by
Emmanval Ruth L and Shahverdian Karen S
Bought by
Yanez Carlos M and Garcia Juan J
Seller's Agent
Ali Hijazi
Century 21 A Better Service
Buyer's Agent
Jose Acosta
Pak Home Realty
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,999
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2006
Sold by
Sandoval Ruth L
Bought by
Sandoval Ruth L and Shahverdian Karen S

Purchase Details

Closed on
Oct 18, 1996
Sold by
Shahverdian Vartan
Bought by
Shahverdian Karen S and Sandoval Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.11%

Purchase Details

Closed on
Apr 14, 1994
Sold by
Sandoval Ruth L
Bought by
Sandoval Ruth L and Shahverdian Vartan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.79%
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
Yanez Carlos M -- Western Resources Title Co
Yanez Carlos N -- Fidelity National Title Co
Yanez Carlos M $500,000 Fidelity National Title Co
Sandoval Ruth L -- None Available
Sandoval Ruth L -- None Available
Shahverdian Karen S -- Stewart Title
Sandoval Ruth L -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yanez Carlos M $432,900
Closed Yanez Carlos M $374,999
Previous Owner Shahverdian Karen S $62,000
Previous Owner Sandoval Ruth L $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $500,000 -16.7% $166 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $600,000 -- $199 / 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 $10,899 $763,548 $436,283 $327,265
2024 $10,899 $748,578 $427,729 $320,849
2023 $10,468 $733,901 $419,343 $314,558
2022 $10,003 $719,512 $411,121 $308,391
2021 $9,886 $705,405 $403,060 $302,345
2020 $9,957 $698,173 $398,928 $299,245
2019 $9,598 $684,484 $391,106 $293,378
2018 $9,331 $671,064 $383,438 $287,626
2016 $7,331 $507,625 $304,575 $203,050
2015 $7,224 $500,000 $300,000 $200,000
2014 $4,004 $219,287 $81,214 $138,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14080368

California Regional Multiple Listing Service (CRMLS)

APN: 5241-003-017