NOT LISTED FOR SALE

Estimated Value: $773,000 - $1,112,000

7 Beds
4 Baths
2,976 Sq Ft
$335/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $675,000 $227 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,310/month

54 Days on Market

About This Home

As of November 2018

Price reduction and ready to sale. Rare opportunity presents itself. Affordable three units in non-rent control Area of Los Angeles. One unit is 3 bedroom and 2 baths. The additional 2 Exterior of the units were painted within the last 4 years. Upper unit was upgraded 2 years ago with new floors, updated bathroom vanity, tile and paint. Plenty room for rental increase as units are rented below market value. New owner can keep current tenants, or live one and rent the other two units out. These 3 units are CASH COWS. Just waiting for new owner to take possession.

Last Agent to Sell the Property

Daniel Velasquez

The Real Estate Solution License #01923333 Listed on: 05/16/2018

Last Buyer's Agent

Jeremy Howard

EMBARQ License #01840936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,604

Year Built

  • Built in 1950

Lot Details

  • 6,758 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Triplex

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 158
  • Tax Tract Number 602801
  • Assessor Parcel Number 6079016030

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $200
  • Water Sewer Expense $250
  • New Taxes Expense $729
  • Operating Expense $500
  • Gross Income $44,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,604

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 250.00
  • Zoning: LCC3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6079016030
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 226.81

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6758.00
  • Lot Size Acres: 0.1551

Multi Family

  • Gross Income: 44700.00
  • Gross Scheduled Income: 44700.00
  • Insurance Expense: 700.00
  • Lot Size Area: 6758.0000 Square Feet
  • 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
  • Operating Expense: 650.00
  • Rent Control: No
  • Total Actual Rent: 3725.00
  • Total Expenses: 500.00

Tax Info

  • New Taxes Expense: 729.00
  • Tax Census Tract: 6028.01
  • Tax Lot: 158
  • Tax Tract Number: 602801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Nov 14, 2018
Sold by
Gudino Jorge
Bought by
Barker Christopher Rix and Rinthapol Nida
Seller's Agent
Daniel Velasquez
The Real Estate Solution
Buyer's Agent
Jeremy Howard
EMBARQ
List Price
$689,900
Sold Price
$675,000
Premium/Discount to List
-$14,900
-2.16%
Current Estimated Value
$995,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,830
Avg. Annual Appreciation
6.57%
Original Mortgage
$506,250
Outstanding Balance
$445,996
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$592,169

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jan 24, 2013
Sold by
Alvarado Liliana Soto
Bought by
Gudino Jorge
Seller's Agent
Raymond Reeves
Rewest Realty
Buyer's Agent
Jorge Salan
PEOPLE'S MORTGAGE & RLTY INC
List Price
$420,000
Sold Price
$392,500
Premium/Discount to List
-$27,500
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Listed on
Apr 11, 2012
Closed on
Nov 1, 2012
Sold by
Alex Antoinette Anderson
Bought by
Gudino Jorge
Seller's Agent
Raymond Reeves
Rewest Realty
Buyer's Agent
Jorge Salan
PEOPLE'S MORTGAGE & RLTY INC
List Price
$420,000
Sold Price
$392,500
Premium/Discount to List
-$27,500
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,390
Interest Rate
3.33%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2007
Sold by
Alex Anthony
Bought by
Alex Anthony J and Alex Antoinette Anderson

Purchase Details

Closed on
Aug 11, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Alex Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,680
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1998
Sold by
Alex Antoinette Celia Anderson
Bought by
Alex Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,680
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1997
Sold by
Foard Joe and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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
Barker Christopher Rix $675,000 Wfg National Title Company O
Gudino Jorge -- Fidelity National Title Co
Gudino Jorge $392,500 Fidelity National Title Co
Alex Anthony J -- None Available
Alex Anthony J $148,000 First American Title Co
Alex Anthony J -- First American Title Co
Federal Home Loan Mortgage Corporation $177,110 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Christopher Rix $506,250
Previous Owner Gudino Jorge $367,500
Previous Owner Gudino Jorge $385,390
Previous Owner Alex Anthony J $300,000
Previous Owner Alex Anthony J $181,000
Previous Owner Alex Anthony J $175,000
Previous Owner Alex Anthony J $145,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $675,000 -2.2% $227 / Sq Ft
09/05/2018 09/05/18 For Sale $689,900 0.0% $232 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/25/2018 06/25/18 Price Changed $689,900 -1.4% $232 / Sq Ft
06/11/2018 06/11/18 For Sale $699,999 +3.7% $235 / Sq Ft
06/07/2018 06/07/18 Off Market $675,000 -- --
05/23/2018 05/23/18 For Sale $699,999 +3.7% $235 / Sq Ft
05/21/2018 05/21/18 Off Market $675,000 -- --
05/21/2018 05/21/18 For Sale $699,999 +3.7% $235 / Sq Ft
05/18/2018 05/18/18 Off Market $675,000 -- --
05/16/2018 05/16/18 For Sale $699,999 +78.3% $235 / Sq Ft
12/19/2012 12/19/12 Sold $392,500 -6.5% $132 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $420,000 -- $141 / 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 $10,604 $752,971 $446,205 $306,766
2024 $10,604 $738,207 $437,456 $300,751
2023 $10,180 $723,733 $428,879 $294,854
2022 $9,726 $709,543 $420,470 $289,073
2021 $9,626 $695,631 $412,226 $283,405
2019 $9,343 $675,000 $400,000 $275,000
2018 $6,314 $424,782 $297,619 $127,163
2017 $6,201 $416,454 $291,784 $124,670
2016 $6,045 $408,289 $286,063 $122,226
2015 $5,957 $402,158 $281,767 $120,391
2014 $5,965 $394,281 $276,248 $118,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18115084

California Regional Multiple Listing Service (CRMLS)

APN: 6079-016-030