NOT LISTED FOR SALE

1183 Exposition Blvd Los Angeles, CA 90007

Exposition Park Neighborhood

Estimated Value: $1,306,000 - $1,695,000

4 Beds
3 Baths
2,448 Sq Ft
$600/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $1,050,000 $429 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,224/month

20 Days on Market

About This Home

As of September 2018

Excellent investment opportunity for the Savvy investor. This multi family Triplex is comprised of one 2 bedroom, 1 bathroom unit and two one bedroom, one bathroom units. The property is located one block away from the University of Southern California, a prime location for student housing and with in the DPS and CSC patrol areas. This property has an entrance from Exposition and W. 37th Dr., zoned RD2 with a total of 7520 Square foot lot. There are two buildings for a total of 2,448 square foot living space with a large three car garage. Walking distance to Expo Park and the Metro Light Rail Expo Line.

Last Agent to Sell the Property

Rodney Gonzalez

Park Regency Realty License #01456378 Listed on: 06/28/2018

Park Regency Realty

Co-Listed By

Nelly Gonzalez

Park Regency Realty License #01705643

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,370

Year Built

  • Built in 1922

Lot Details

  • 7,521 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • 2,448 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2226
  • Assessor Parcel Number 5040013005

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Operating Expense $1,800
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,370

Year Built

Built in 1922

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5040013005
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 428.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7521.00

Multi Family

  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Expenses: 1800.00

Tax Info

  • Tax Census Tract: 2226.00
  • Tax Lot: 5
  • Tax Tract Number: 2226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Aug 11, 2018
Sold by
Navarro Juan C and Navarro Bertha
Bought by
Hill Damen A
Seller's Agent
Rodney Gonzalez
Park Regency Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$1,465,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,822
Avg. Annual Appreciation
4.99%
Original Mortgage
$700,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2017
Sold by
Navarro Juan C and Navarro Bertha
Bought by
Navarro Juan C and Navarro Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,762
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2008
Sold by
Navarro Juan C and Navarro Bertha
Bought by
Navarro Juan C and Navarro Bertha
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hill Damen A $1,050,000 Lawyers Title
Navarro Juan C -- First American Title Ins Co
Navarro Juan C -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Damon A $688,000
Closed Hill Damen A $700,000
Previous Owner Navarro Juan C $229,762
Previous Owner Navarro Juan C $253,750
Previous Owner Navarro Juan C $154,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $1,050,000 -4.5% $429 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $1,100,000 -- $449 / 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 $14,370 $1,171,290 $831,059 $340,231
2024 $14,370 $1,148,324 $814,764 $333,560
2023 $14,095 $1,125,809 $798,789 $327,020
2022 $13,445 $1,103,735 $783,127 $320,608
2021 $13,272 $1,082,094 $767,772 $314,322
2020 $11,923 $1,071,000 $759,900 $311,100
2019 $12,877 $1,050,000 $745,000 $305,000
2018 $3,448 $254,346 $174,748 $79,598
2016 $3,278 $244,471 $167,963 $76,508
2015 $3,234 $240,800 $165,441 $75,359
2014 $3,265 $236,084 $162,201 $73,883
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rodney Gonzalez

    Park Regency Realty

    (818) 370-8348

    74 Total Sales

    Section Image
  • Nelly Gonzalez

    Seller Co-Listing Agent in 2018

    Nelly Gonzalez

    Park Regency Realty

    (818) 270-7385

    58 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,778 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18154089

California Regional Multiple Listing Service (CRMLS)

APN: 5040-013-005

California Los Angeles County Los Angeles 90007 Exposition Park

1183 Exposition Blvd, Los Angeles, CA

This home is located at 1183 Exposition Blvd, Los Angeles, CA 90007 since 28 June 2018 and is currently estimated at $1,469,811, approximately $600 per square foot. This property was built in 1922. 1183 Exposition Blvd is a home located in Los Angeles County with nearby schools including Lenicia B. Weemes Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes