NOT LISTED FOR SALE

1192 Exposition Blvd Los Angeles, CA 90007

Exposition Park Neighborhood

Estimated Value: $1,865,000 - $2,547,196

3 Beds
4 Baths
2,220 Sq Ft
$931/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $820,000 $369 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $13,247/month

232 Days on Market

About This Home

As of May 2019

REDUCED PRICE!!!!!!!!!!!! 4- UNITS. INVESTOR'S DREAM CLOSE TO USC 3- UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW

Last Agent to Sell the Property

Sandra Orellana

Omega Home Realty License #01188370 Listed on: 06/18/2018

Last Buyer's Agent

Jeff Curtis

CR Excellence Property Mngt License #01364089

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,754

Year Built

  • Built in 1931

Lot Details

  • 6,660 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 2,220 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5037-014-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,754

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2220
  • Year Built: 1931
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Common Walls: None
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 369.37

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 4

Lot Info

  • Assessed Land Value: 249581
  • Assessor Parcel Number: 5037-014-008
  • Geocode Override: No
  • Lot Size Area: 6660

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2020
Sold by
Muecyl Llc
Bought by
Drachnik Kenneth J and Drachink Elizabeth A
Current Estimated Value
$2,067,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$844,989
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,207,531

Purchase Details

Listed on
Jun 18, 2018
Closed on
Mar 22, 2019
Sold by
Cruz Alfaro Francisco and Cruz Prudencio Maribel
Bought by
Muecyl Llc
Seller's Agent
Sandra Orellana
Omega Home Realty
Buyer's Agent
Jeff Curtis
CR Excellence Property Mngt
List Price
$875,000
Sold Price
$820,000
Premium/Discount to List
-$55,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.68%
Original Mortgage
$1,235,520
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2010
Sold by
Alfaro Francisco
Bought by
Alfaro Francisco and Prudencio Maribel Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,559
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2003
Sold by
Hud
Bought by
Alfaro Francisco and Cruz Maribel Prudencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,905
Interest Rate
5.82%

Purchase Details

Closed on
Oct 1, 2002
Sold by
Guaranty Residential Lending Inc
Bought by
Hud

Purchase Details

Closed on
Aug 23, 2002
Sold by
Maxwell Darryl
Bought by
Guaranty Residential Lending Inc and Temple Inland Mtg Corp

Purchase Details

Closed on
Aug 27, 1999
Sold by
Maxwell Darryl
Bought by
Maxwell Darryl and Simpson Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,937
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1999
Sold by
Gutierrez Oscar
Bought by
Maxwell Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,937
Interest Rate
7.64%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Drachnik Kenneth J $1,811,000 North American Title Company
Muecyl Llc $820,000 North American Title
Alfaro Francisco -- Western Resources Title
Alfaro Francisco $280,000 Commerce
Hud -- First American Title Ins Co
Guaranty Residential Lending Inc $192,129 First American Title Ins Co
Maxwell Darryl -- --
Maxwell Darryl $160,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drachnik Kenneth J $950,000
Previous Owner Muecyl Llc $1,235,520
Previous Owner Alfaro Francisco $284,559
Previous Owner Alfaro Francisco $306,000
Previous Owner Alfaro Francisco $265,905
Previous Owner Simpson Tanya $50,000
Previous Owner Maxwell Darryl $158,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $820,000 0.0% $369 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
02/01/2019 02/01/19 Price Changed $820,000 -2.4% $369 / Sq Ft
01/05/2019 01/05/19 Price Changed $840,000 -4.0% $378 / Sq Ft
11/20/2018 11/20/18 For Sale $875,000 0.0% $394 / Sq Ft
11/20/2018 11/20/18 Price Changed $875,000 +6.7% $394 / Sq Ft
11/09/2018 11/09/18 Off Market $820,000 -- --
10/18/2018 10/18/18 For Sale $899,000 0.0% $405 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/17/2018 10/17/18 Price Changed $899,000 -3.2% $405 / Sq Ft
08/04/2018 08/04/18 Price Changed $929,000 -2.1% $418 / Sq Ft
06/18/2018 06/18/18 For Sale $949,000 -- $427 / Sq Ft
Source: The MLS

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 $23,754 $1,968,559 $1,312,373 $656,186
2024 $23,754 $1,929,961 $1,286,641 $643,320
2023 $23,293 $1,892,119 $1,261,413 $630,706
2022 $22,208 $1,855,020 $1,236,680 $618,340
2021 $21,854 $1,818,648 $1,212,432 $606,216
2020 $10,596 $836,400 $612,000 $224,400
2019 $5,460 $363,522 $259,663 $103,859
2018 $4,597 $356,395 $254,572 $101,823
2016 $4,379 $342,558 $244,688 $97,870
2015 $4,317 $337,413 $241,013 $96,400
2014 $4,356 $330,804 $236,292 $94,512
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sandra Orellana

    Omega Home Realty

    Section Image
  • Jeff Curtis

    Buyer's Agent in 2019

    Jeff Curtis

    CR Excellence Property Mngt

    (844) 892-7780

    29 Total Sales

    Jeff Curtis
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-356778

The MLS

APN: 5037-014-008

California Los Angeles County Los Angeles 90007 Exposition Park

1192 Exposition Blvd, Los Angeles, CA

This home is located at 1192 Exposition Blvd, Los Angeles, CA 90007 since 18 June 2018 and is currently estimated at $2,067,799, approximately $931 per square foot. This property was built in 1931. 1192 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.

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