Seller's Agent in 2022
Christian Limon
Century 21 A Better Service
(562) 644-2780
2 in this area
58 Total Sales
1138 W 38th St Los Angeles, CA 90037
Exposition Park NeighborhoodEstimated Value: $2,765,000 - $3,600,228
16
Beds
16
Baths
7,206
Sq Ft
$458/Sq Ft
Est. Value
Highlights
- New Construction
- Modern Architecture
- 8 Car Direct Access Garage
- Multi-Level Bedroom
- No HOA
- Double Pane Windows
About This Home
As of October 20222 Brand new 3 Story duplexes that are Residential Income Properties.
***The 4 Units total Approximately 7,206 Sq Ft. living area with 4 (2 car) garage each.
Each Unit is a 4 Bed/4 Bath. All units have a fabulous open floor plan to the living room and kitchen area with great natural light. All Master Bedrooms in each unit have walk-in closets, with plenty of closet storage. They offer a Beautiful Modern look, with Custom kitchen Cabinets throughout and beautiful quartz countertops in each kitchen. The amazing floors are anti scratch waterproof vinyl. Reset lighting throughout the property and all the units include a HVAC system. There are tankless water heaters & separate water meters, so no sharing! The laundry area has hook-ups along with a 2 car tandem garage and back car stall parking. Very nice grass area in the front. Property comes with beautiful decorative permeable pavers throughout the driveway.
Last Agent to Sell the Property
Century 21 A Better Service License #01182471 Listed on: 08/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $39,401
Year Built
- Built in 2022 | New Construction
Lot Details
- 7,050 Sq Ft Lot
- No Common Walls
- Fenced
- New Fence
- Density is up to 1 Unit/Acre
Parking
- 8 Car Direct Access Garage
- 8 Open Parking Spaces
- Parking Available
- Driveway
- Automatic Gate
Home Design
- Quadruplex
- Modern Architecture
- Turnkey
Interior Spaces
- 7,206 Sq Ft Home
- 3-Story Property
- Double Pane Windows
- Panel Doors
- Living Room
- Security Lights
Kitchen
- Microwave
- Water Line To Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 16 Bedrooms
- Multi-Level Bedroom
- Walk-In Closet
- 16 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Cable TV Available
Additional Features
- Rain Gutters
- Urban Location
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 24 / A
- Assessor Parcel Number 5037016026
- $425 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2022
Closed on
Sep 26, 2022
Sold by
Clever Development Llc
Bought by
Rt Dream Corporation
Seller's Agent
Christian Limon
Century 21 A Better Service
Buyer's Agent
Cecilia Lee
Re/Max Premier Realty
List Price
$3,250,000
Sold Price
$3,150,000
Premium/Discount to List
-$100,000
-3.08%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,307
Avg. Annual Appreciation
1.72%
Original Mortgage
$1,380,000
Outstanding Balance
$1,335,214
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$1,968,093
Purchase Details
Closed on
May 4, 2021
Sold by
Kingdom Builders Properties Llc
Bought by
Clever Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,704,000
Interest Rate
3.1%
Mortgage Type
Construction
Purchase Details
Listed on
May 26, 2020
Closed on
Jul 11, 2020
Sold by
Brown Joan Marie
Bought by
Kingdom Builders Properties Llc
Seller's Agent
ROBERT WATKINS
RE/MAX TIME REALTY
Buyer's Agent
Danny Navarro
Century 21 Allstars
List Price
$1,060,000
Sold Price
$850,000
Premium/Discount to List
-$210,000
-19.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.19%
Original Mortgage
$722,500
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 10, 2006
Sold by
Brown Joan Marie
Bought by
Brown Joan Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 18, 2004
Sold by
Brown Ronnie Arthur
Bought by
Brown Joan Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rt Dream Corporation | $3,150,000 | Western Resources Title | |
| Clever Development Llc | -- | Fidelity Natl Ttl Co Long Be | |
| Kingdom Builders Properties Llc | $850,000 | First American Title Company | |
| Brown Joan Marie | -- | Chicago Title Co | |
| Brown Joan Marie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rt Dream Corporation | $1,380,000 | |
| Previous Owner | Clever Development Llc | $1,704,000 | |
| Previous Owner | Kingdom Builders Properties Llc | $722,500 | |
| Previous Owner | Brown Joan Marie | $412,000 | |
| Previous Owner | Brown Joan Marie | $404,100 | |
| Previous Owner | Brown Joan Marie | $391,737 | |
| Previous Owner | Brown Joan Marie | $305,000 | |
| Previous Owner | Brown Joan Marie | $50,000 | |
| Previous Owner | Brown Joan Marie | $245,000 | |
| Previous Owner | Brown Joan Marie | $162,600 | |
| Previous Owner | Brown Ronnie A | $35,000 | |
| Previous Owner | Brown Ronnie Arthur | $98,000 | |
| Previous Owner | Cook Carrie L | $41,412 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2022 10/28/22 | Sold | $3,150,000 | -3.1% | $437 / Sq Ft |
| 09/19/2022 09/19/22 | Pending | -- | -- | -- |
| 08/22/2022 08/22/22 | For Sale | $3,250,000 | +282.4% | $451 / Sq Ft |
| 08/12/2020 08/12/20 | Sold | $850,000 | -19.8% | $361 / Sq Ft |
| 08/07/2020 08/07/20 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | For Sale | $1,060,000 | -- | $450 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $39,401 | $3,277,260 | $2,455,344 | $821,916 |
| 2024 | $39,401 | $3,213,000 | $2,407,200 | $805,800 |
| 2023 | $38,228 | $3,150,000 | $2,360,000 | $790,000 |
| 2022 | $12,334 | $1,020,000 | $765,000 | $255,000 |
| 2021 | $10,414 | $850,000 | $650,000 | $200,000 |
| 2020 | $4,283 | $328,720 | $197,898 | $130,822 |
| 2019 | $4,124 | $322,275 | $194,018 | $128,257 |
| 2018 | $3,999 | $315,957 | $190,214 | $125,743 |
| 2016 | $3,805 | $303,690 | $182,829 | $120,861 |
| 2015 | $3,751 | $299,129 | $180,083 | $119,046 |
| 2014 | $3,776 | $293,271 | $176,556 | $116,715 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Cecilia Lee
RE/MAX
(714) 244-7175
1 in this area
22 Total Sales
-
Seller's Agent in 2020
ROBERT WATKINS
RE/MAX
(909) 205-5848
1 in this area
89 Total Sales
-
Buyer's Agent in 2020
Danny Navarro
Century 21 Allstars
(562) 513-7800
6 in this area
114 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW22185215
APN: 5037-016-026
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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