NOT LISTED FOR SALE

1196 1/2 W 35th St Los Angeles, CA 90007

Exposition Park Neighborhood

Estimated Value: $1,796,000 - $3,593,000

4 Beds
4 Baths
3,918 Sq Ft
$688/Sq Ft Est. Value

Last Sold January 14, 2016

Last sale price $1,100,000 $281 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $18,681/month

86 Days on Market

Highlights

  • Laundry Room
  • Bungalow
  • Garage

About This Home

As of January 2016

Attn developers, builders, or owner users!! This property can be sold separately or as an Investment opportunity to develop in a Prime location near USC; which is one block away. Property offers an investor a possible strong rental potential in a high demand area for student housing. The home currently is a quad 4 units, which rents for; Unit 1 $990, Unit 2 $1,100, Unit 3 $1,090. ALSO for SALE are the properties right next door; 1204 W 35th ST $995,000 and 1200 W 35th ST $1,500,000. Develop ALL 3 lots for a possible 15 unit building or Update property and keep as is. Please do your own research. All properties are on the MLS.

Last Agent to Sell the Property

Moe Abourched

Rodeo Realty License #01045349 Listed on: 06/19/2015

Rodeo Realty

Co-Listed By

Evelyn Rubio

License #01746763

Last Buyer's Agent

Moe Abourched

Rodeo Realty License #01045349 Listed on: 06/19/2015

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,361

Year Built

  • Built in 1908

Lot Details

  • 7,726 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • Garage

Home Design

  • 3,918 Sq Ft Home
  • Bungalow

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room

Community Details

Listing and Financial Details

  • Assessor Parcel Number 5040-018-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,361

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 3918
  • Year Built: 1908
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 253.96

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage

Lot Info

  • Assessor Parcel Number: 5040-018-004
  • Geocode Override: No
  • Lot Size Area: 7726

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2015
Sold by
Plascencia Juan and Plascencia Estela
Bought by
Summer Capital Investments Llc
Current Estimated Value
$2,694,500

Purchase Details

Closed on
Feb 3, 2011
Sold by
Plascencia Juan and Plascencia Estela
Bought by
Plascencia Juan and Plascencia Estela

Purchase Details

Closed on
Sep 27, 2006
Sold by
Plascencia Juan and Plascencia Estela
Bought by
Plascencia Juan and Plascencia Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2003
Sold by
Plascencia Rigoberto and Plascencia Maria
Bought by
Plascencia Juan and Plascencia Estela
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
Summer Capital Investments Llc $1,100,000 Lawyers Title Co
Plascencia Juan -- None Available
Plascencia Juan -- Fidelity National Title Co
Plascencia Juan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summer Capital Investments Llc $8,650,000
Closed Summer Capital Investments Llc $8,958,677
Previous Owner Plascencia Juan $325,000
Previous Owner Plascencia Rigoberto $155,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2016 01/14/16 Sold $1,100,000 +10.6% $281 / Sq Ft
07/17/2015 07/17/15 Price Changed $995,000 -17.1% $254 / Sq Ft
06/19/2015 06/19/15 For Sale $1,200,000 -- $306 / 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 $49,361 $4,143,283 $3,054,195 $1,089,088
2024 $49,361 $4,062,043 $2,994,309 $1,067,734
2023 $48,398 $3,982,397 $2,935,598 $1,046,799
2022 $46,139 $3,904,312 $2,878,038 $1,026,274
2021 $46,340 $3,827,757 $2,821,606 $1,006,151
2020 $46,812 $3,788,509 $2,792,674 $995,835
2019 $44,625 $3,714,225 $2,737,916 $976,309
Source: Public Records

Agents Affiliated with this Home

  • Moe Abourched

    Seller's Agent in 2016

    Moe Abourched

    Rodeo Realty

    (310) 990-9850

    23 Total Sales

    Moe Abourched
    Section Image

  • E

    Seller Co-Listing Agent in 2016

    Evelyn Rubio

See All Agents

Map

Source: The MLS

MLS Number: 15-916223

The MLS

APN: 5040-018-031

California Los Angeles County Los Angeles 90007 Exposition Park

1196 1/2 W 35th St, Los Angeles, CA

This home is located at 1196 1/2 W 35th St, Los Angeles, CA 90007 since 19 June 2015 and is currently estimated at $2,694,500, approximately $687 per square foot. This property was built in 1908. 1196 1/2 W 35th St is a home located in Los Angeles County with nearby schools including John W. Mack Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

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