NOT LISTED FOR SALE

Estimated Value: $656,000 - $724,000

5 Beds
3 Baths
1,680 Sq Ft
$408/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $485,000 $289 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,210/month

79 Days on Market

Highlights

  • Modern Architecture
  • Wood Fence
  • 1-Story Property
  • Neighborhood Views
  • Heating Available

About This Home

As of May 2019

This is a well maintained 3 Unit property in Los Angeles close to Downtown. Regular sale, To show it we need to have the offer then the owners will accommodate the appointment with the tenants. Please do not disturb tenants. The sellers are interested to move the investment to another level, this is your opportunity to own a triplex, buyers should jump right at to buy it, it is a well maintained property since this new owners,,,**** bring me a purchase contract today**** ****** Tenants wants to stay ****** Tenants would like to continue their residence ******

Last Agent to Sell the Property

IRENE RAIGOZA

H4S REALTY License #01796769 Listed on: 01/07/2019

Last Buyer's Agent

Maria Leon

Excellence RE Real Estate License #01447706

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,733

Year Built

  • Built in 1923

Lot Details

  • 5,065 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Modern Architecture
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • On-Street Parking

Location

  • Urban Location

Utilities

  • Heating Available
  • Standard Electricity
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 7 / 1702
  • Tax Tract Number 1702
  • Assessor Parcel Number 6030005007

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Trash Expense $100
  • Water Sewer Expense $150
  • New Taxes Expense $5,508
  • Operating Expense $250
  • Gross Income $3,320
  • Net Operating Income $310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,733

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: Yes
  • Water Sewer Expenses: 150.00
  • Zoning: LAR2
  • Architectural Style: Modern
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6030005007
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 81st St
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 288.69

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooktop
  • Electric: Standard
  • Sewer: Sewer Paid
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Trash, Sewer, Water
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 5065.00
  • Lot Size Acres: 0.1163

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3320.00
  • Gross Scheduled Income: 3320.00
  • Insurance Expense: 1.00
  • Lot Size Area: 5065.0000 Square Feet
  • Net Operating Income: 310.00
  • 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
  • Number Wall A C: 2
  • Operating Expense: 200.00
  • Rent Control: Yes
  • Total Actual Rent: 3320.00
  • Total Expenses: 250.00

Tax Info

  • New Taxes Expense: 5508.00
  • Tax Block: 1702
  • Tax Census Tract: 2397.01
  • Tax Lot: 7
  • Tax Tract Number: 1702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Apr 3, 2019
Sold by
Urzua Marco A and Marco A Reyes Living Trust
Bought by
Pineda Eddie
Seller's Agent
IRENE RAIGOZA
H4S REALTY
Buyer's Agent
Maria Leon
Excellence RE Real Estate
List Price
$480,000
Sold Price
$485,000
Premium/Discount to List
$5,000
1.04%
Current Estimated Value
$685,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,614
Avg. Annual Appreciation
5.57%
Original Mortgage
$476,215
Outstanding Balance
$410,418
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$275,196

Purchase Details

Closed on
Feb 15, 2018
Sold by
Reyes Marco A and Urzua Marco A
Bought by
Reyes Marco A and The Marco A Reyes Living Trust

Purchase Details

Closed on
Nov 2, 2017
Sold by
Reyes Marco A and Urzua Marco A
Bought by
Reyes Marco A and Urzua Marco A

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jan 25, 2017
Sold by
Moreno Efrain
Bought by
Reyes Marco A and Urzua Marco A
Seller's Agent
Bo Kim
BO HYOK KIM
Buyer's Agent
Jose Valladares
Century 21 Beachside
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$393,772
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2014
Sold by
Aragon Oscar O
Bought by
Moreno Efrain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2006
Sold by
Maradiaga Bessye Mabel
Bought by
Aragon Oscar O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 14, 2005
Sold by
Aragon Jose David and Burgos Vivian
Bought by
Aragon Oscar O

Purchase Details

Closed on
Jan 23, 2004
Sold by
Segovia Group Llc
Bought by
Aragon Jose David and Burgos Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,600
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Segovia Jose Alfonso and Segovia Maribel
Bought by
Segovia Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,600
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Hud
Bought by
Segovia Jose Alfonso and Segovia Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2001
Sold by
National City Mortgage Co
Bought by
Hud

Purchase Details

Closed on
Nov 16, 2001
Sold by
Valentin Pedro and Valentin Veronica
Bought by
National City Mtg Co and Accubanc Mtg

Purchase Details

Closed on
Nov 22, 2000
Sold by
Palacio Rafael
Bought by
Valentin Pedro and Valentin Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,137
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2000
Sold by
Household Finance Corp Of California
Bought by
Palacio Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.55%

Purchase Details

Closed on
Mar 23, 1999
Sold by
Sudduth Rickey F
Bought by
Household Finance Corp Of California

Purchase Details

Closed on
Jun 17, 1998
Sold by
Rapid Real Estate Llc
Bought by
Sudduth Rickey F

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
7.17%

Purchase Details

Closed on
Jan 22, 1998
Sold by
Southern Pacific Bank
Bought by
Rapid Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.9%

Purchase Details

Closed on
Jun 12, 1997
Sold by
Mendoza Pedro and Southern Pacific Thrift & Loan
Bought by
Southern Pacific Thrift & Loan Assn

Purchase Details

Closed on
Jun 1, 1995
Sold by
Mendoza Jaime S
Bought by
Mendoza Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
8.25%
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
Pineda Eddie $485,000 Fidelity National Title
Reyes Marco A -- None Available
Reyes Marco A -- None Available
Reyes Marco A $430,000 Provident Title Company
Moreno Efrain $300,000 Title 365
Aragon Oscar O -- Landsafe Title Company
Aragon Oscar O -- --
Aragon Jose David $314,000 Nations Title Co
Segovia Group Llc -- Nations Title Co
Segovia Jose Alfonso $189,000 Nations Title Co
Hud -- First American
National City Mtg Co $265,645 --
Valentin Pedro $250,000 Southland Title
Palacio Rafael $116,000 Fidelity National Title
Household Finance Corp Of California $222,062 Benefit Land Title Ins Co
Sudduth Rickey F $210,000 --
Rapid Real Estate Llc $110,000 Fidelity National Title Co
Southern Pacific Thrift & Loan Assn $100,000 Lawyers Title Company
Mendoza Pedro -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineda Eddie $476,215
Previous Owner Reyes Marco A $393,772
Previous Owner Moreno Efrain $294,566
Previous Owner Aragon Oscar O $371,000
Previous Owner Aragon Jose David $282,600
Previous Owner Segovia Jose Alfonso $151,200
Previous Owner Valentin Pedro $246,137
Previous Owner Palacio Rafael $115,000
Previous Owner Sudduth Rickey F $210,000
Previous Owner Rapid Real Estate Llc $110,000
Previous Owner Mendoza Pedro $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2019 05/16/19 Sold $485,000 +1.0% $289 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $480,000 -1.0% $286 / Sq Ft
01/12/2019 01/12/19 Off Market $485,000 -- --
01/07/2019 01/07/19 For Sale $480,000 +11.6% $286 / Sq Ft
03/08/2017 03/08/17 Sold $430,000 -4.2% $360 / Sq Ft View Prior Sale
02/16/2017 02/16/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $449,000 +49.7% $375 / Sq Ft
09/04/2014 09/04/14 Sold $300,000 -1.6% $251 / Sq Ft View Prior Sale
04/02/2014 04/02/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $305,000 -- $255 / 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 $6,733 $541,022 $401,585 $139,437
2024 $6,733 $530,414 $393,711 $136,703
2023 $6,606 $520,015 $385,992 $134,023
2022 $6,305 $509,820 $378,424 $131,396
2021 $6,225 $499,824 $371,004 $128,820
2020 $6,284 $494,700 $367,200 $127,500
2019 $5,601 $447,372 $234,090 $213,282
2018 $5,508 $438,600 $229,500 $209,100
2017 $3,965 $310,664 $176,043 $134,621
2016 $3,864 $304,574 $172,592 $131,982
2015 $3,810 $300,000 $170,000 $130,000
2014 $5,660 $443,458 $261,526 $181,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19003289

California Regional Multiple Listing Service (CRMLS)

APN: 6030-005-007