NOT LISTED FOR SALE

Estimated Value: $902,000 - $1,279,000

10 Beds
6 Baths
3,157 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $800,000 $253 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,094/month

25 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Front Yard

About This Home

As of March 2019

Attention investors, this is a great opportunity!! 4 Units for sale consisting of (2) 3 Bedroom/2 Bath units and (2) 2 Bedroom/1 Bath units. Great financials, units performing at market rents, Close to shopping centers and Downtown L.A. The property is separately metered for gas and electricity. Well maintained complex. Great property for any investors portfolio.

Last Agent to Sell the Property

Mark Perez

Circle Real Estate License #01279393 Listed on: 01/10/2019

Circle Real Estate

Last Buyer's Agent

Ardavan Rabie

No Firm Affiliation License #01841249

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,154

Year Built

  • Built in 1905

Lot Details

  • 6,512 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • Quadruplex

Interior Spaces

  • 3,157 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 102
  • Tax Tract Number 2270
  • Assessor Parcel Number 5119010034

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $60,276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,154

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5119010034
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 253.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard
  • Lot Size Sq Ft: 6512.00
  • Lot Size Acres: 0.1495

Multi Family

  • Gross Income: 60276.00
  • Gross Scheduled Income: 60768.00
  • Lot Size Area: 6512.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 5064.00

Tax Info

  • Tax Census Tract: 2270.20
  • Tax Lot: 102
  • Tax Tract Number: 2270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Apr 10, 2019
Sold by
Rabie Ashkan and Behrooznia Elham
Bought by
Ashellie Properties Llc
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
Ardavan Rabie
No Firm Affiliation
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$1,131,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,290
Avg. Annual Appreciation
5.08%

Purchase Details

Listed on
Jan 10, 2019
Closed on
Mar 13, 2019
Sold by
851 S Kenmore Bliss Llc
Bought by
Rabie Ashkan and Behrooznia Elham
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
Ardavan Rabie
No Firm Affiliation
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Purchase Details

Listed on
Feb 4, 2015
Closed on
Apr 14, 2015
Sold by
Deleon Gurierrez Yendi P
Bought by
851 S Kenmore Bliss Llc
Seller's Agent
Ariadna Cardenas
Synergy Real Estate
Buyer's Agent
Bryan Castillo
Castillo Realty Group, Inc.
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$420,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 25, 2009
Sold by
Protium Reo I Lp
Bought by
Gutierrez Yendi P Deleon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,306
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2009
Sold by
Linga George
Bought by
Sutton Funding Llc

Purchase Details

Closed on
Jun 4, 2009
Sold by
Barclays Capital Real Estate Inc
Bought by
Sutton Funding Llc

Purchase Details

Closed on
Nov 27, 2007
Sold by
Linga George
Bought by
Barclays Capital Real Estate Inc and Homeq Servicing

Purchase Details

Closed on
Oct 13, 2006
Sold by
Linga George
Bought by
Linga Group Of Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Interest Rate
8.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2006
Sold by
Linga Group Of Companies Llc
Bought by
Linga George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Interest Rate
8.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2005
Sold by
Bowier Alex
Bought by
Linga Group Of Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 2005
Sold by
Linga Group Of Companies Llc
Bought by
Bowier Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2005
Sold by
Bowier Alex and Bowier Jacqueline
Bought by
Bowier Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 31, 2005
Sold by
Taylor Francis D and Taylor Olabisi A
Bought by
Linda Group Of Companies Llc

Purchase Details

Closed on
Nov 13, 2000
Sold by
Finzi David B
Bought by
Taylor Francis D and Taylor Olabisi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,442
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 1998
Sold by
Wilshire Funding Corp
Bought by
Finzi David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
May 8, 1998
Sold by
Avila Blanca
Bought by
Wilshire Funding Corp

Purchase Details

Closed on
May 19, 1997
Sold by
Rodriguez Adolfo and South Central Investments
Bought by
Avila Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,050
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 1997
Sold by
Lightner Trust Lightner Ernest And Weldena Tr
Bought by
Rodriguez Adolfo and South Central Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,050
Interest Rate
7.94%
Mortgage Type
FHA
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
Ashellie Properties Llc -- None Available
Rabie Ashkan $800,000 Chicago Title Company
851 S Kenmore Bliss Llc $600,000 Chicago Title Company
Gutierrez Yendi P Deleon $290,000 Fidelity National Title Co
Protium Reo I Lp -- Fidelity National Title Co
Sutton Funding Llc $452,681 None Available
Sutton Funding Llc -- Fidelity National Title Co
Barclays Capital Real Estate Inc $553,935 None Available
Linga Group Of Companies Llc -- Accommodation
Linga George -- Accommodation
Linga Group Of Companies Llc -- --
Bowier Alex $630,000 United Title Company
Bowier Alex -- United Title Company
Linda Group Of Companies Llc -- --
Taylor Francis D $295,000 Benefit Land Title
Finzi David B $140,000 Benefit Land Title
Wilshire Funding Corp $122,400 Benefit Land Title Ins Co
Avila Blanca $275,000 Commonwealth Title
Rodriguez Adolfo $140,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 851 S Kenmore Bliss Llc $420,000
Previous Owner Gutierrez Yendi P Deleon $221,306
Previous Owner Linga George $639,000
Previous Owner Bowier Alex $500,000
Previous Owner Bowier Alex $67,000
Previous Owner Taylor Francis D $383,400
Previous Owner Taylor Francis D $342,000
Previous Owner Taylor Francis D $26,315
Previous Owner Taylor Francis D $296,102
Previous Owner Taylor Francis D $294,798
Previous Owner Taylor Francis D $290,442
Previous Owner Finzi David B $44,942
Previous Owner Finzi David B $20,000
Previous Owner Finzi David B $30,000
Previous Owner Finzi David B $118,800
Previous Owner Avila Blanca $259,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $800,000 -3.0% $253 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $825,000 +37.5% $261 / Sq Ft
06/04/2015 06/04/15 Sold $600,000 -7.7% $190 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $650,000 -- $206 / 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 $11,154 $892,410 $501,981 $390,429
2024 $11,154 $874,913 $492,139 $382,774
2023 $10,946 $857,759 $482,490 $375,269
2022 $10,451 $840,941 $473,030 $367,911
2021 $10,315 $824,453 $463,755 $360,698
2020 $10,414 $816,000 $459,000 $357,000
2019 $8,212 $646,430 $377,084 $269,346
2018 $8,059 $633,756 $369,691 $264,065
2016 $7,689 $609,149 $355,337 $253,812
2015 $4,141 $311,464 $102,031 $209,433
2014 -- $305,364 $100,033 $205,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19002582

California Regional Multiple Listing Service (CRMLS)

APN: 5119-010-034