$559,000
SOLD DEC 11, 2019
5 Beds
3 Baths
2,146 Sq Ft
6,931 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

23 Days on Market

About This Home

As of December 2019

Wonderful opportunity to own a Triplex in the heart of LA, with one unit vacant that can be owner occupied, live in one and the other 2 units rented to help with mortgage payment. Front 2 units have laminate flooring and newer paint. Back unit is a 3 bedroom & 1 bath, and is tenant occupied. Close to USC, DTLA, and east freeway access.

Last Agent to Sell the Property

Martha Carrasco

Keller Williams North Valley License #01734066 Listed on: 09/26/2019

Keller Williams North Valley

Last Buyer's Agent

KARINA MALDONADO

CENTRAL FINANCIAL & REALTY License #01927849

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,266

Year Built

  • Built in 1902

Lot Details

  • 6,931 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 2,146 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 5115027016

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $1,300
  • Trash Expense $1,200
  • Water Sewer Expense $3,600
  • Operating Expense $7,300
  • Gross Income $30,924
  • Net Operating Income $23,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,266

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5115027016
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 260.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 6931.00
  • Lot Size Acres: 0.1591

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 30924.00
  • Gross Scheduled Income: 30924.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 6931.0000 Square Feet
  • Net Operating Income: 23624.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 7300.00
  • Rent Control: Yes
  • Total Expenses: 7300.00

Tax Info

  • Tax Area: 7
  • Tax Census Tract: 2282.10
  • Tax Lot: 39
  • Tax Annual Amount: 5266.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Castellanos Raul P
Bought by
Castellanos Raul P and The Raul P Castellanos Revocab
Current Estimated Value
$766,868

Purchase Details

Closed on
Oct 3, 2019
Sold by
Sefiani Sako
Bought by
Palos Raul Castellanos and Castellanos Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2014
Closed on
Oct 15, 2014
Sold by
Lg Foreclosed Properties Llc
Bought by
Sefiani Sako
Seller's Agent
Erin Paul
TDC/Pacific Properties Inc.
Buyer's Agent
Martha Carrasco
Keller Williams North Valley
List Price
$399,000
Sold Price
$391,000
Premium/Discount to List
-$8,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$293,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2011
Sold by
Lopez Julio
Bought by
Lg Foreclosed Properties Llc

Purchase Details

Closed on
Oct 15, 2010
Sold by
Montes Milagros
Bought by
Lopez Julio

Purchase Details

Closed on
May 1, 2007
Sold by
Rosales Noe Adonay and Rosales Esau
Bought by
Lopez Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Lopez Ricardo and Lopez Margarita
Bought by
Rosales Noe Adonay and Rosales Esau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $559,000 Lawyers Title Company
Grant Deed $391,000 Provident Title Company
Trustee Deed -- Accommodation
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $550,000 United Title Company
Interfamily Deed Transfer -- United Title Company
Grant Deed -- North American Title Co
Interfamily Deed Transfer -- North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $369,000 New Conventional
Previous Owner $294,000 New Conventional
Previous Owner $293,250 New Conventional
Previous Owner $440,000 Purchase Money Mortgage
Previous Owner $167,000 Unknown
Previous Owner $140,000 Unknown
Previous Owner $85,500 Purchase Money Mortgage
Previous Owner $83,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $559,000 0.0% $260 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $559,000 +43.0% $260 / Sq Ft
11/12/2014 11/12/14 Sold $391,000 -2.0% $182 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $399,000 -- $186 / 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
2024 $7,635 $599,356 $359,185 $240,171
2023 $7,492 $587,605 $352,143 $235,462
2022 $7,152 $576,085 $345,239 $230,846
2021 $7,059 $564,790 $338,470 $226,320
2020 $7,127 $559,000 $335,000 $224,000
2019 $5,365 $421,257 $226,251 $195,006
2018 $5,266 $412,998 $221,815 $191,183
2016 $5,022 $396,962 $213,202 $183,760
2015 $4,952 $391,000 $210,000 $181,000
2014 $3,412 $254,172 $97,091 $157,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19229211

California Regional Multiple Listing Service (CRMLS)

APN: 5115-027-016