NOT LISTED FOR SALE

Estimated Value: $850,000 - $970,000

11 Beds
4 Baths
4,224 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $782,000 $185 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,576/month

13 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2021

Amazing larger 2 story 4plex, located close to Downtown Los Angeles, USC, The Coliseum and Banc of California Stadium. In unit Laundry and High ceilings. 3 units occupied by long term tenants and owners unit is available for immediate occupancy at the close of escrow. Rents are accurate. Buyer to perform due diligence in regards to Bedroom count and all aspects of the property.

Last Agent to Sell the Property

Venus Martinez

Redfin Corporation License #01206834 Listed on: 10/15/2021

Redfin Corporation

Last Buyer's Agent

Mazdak Sarehkhani

Mazdak Sarehkhani License #01811455

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 2,712 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Additions or Alterations

Interior Spaces

  • 4,224 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 60
  • Tax Tract Number 2270
  • Assessor Parcel Number 5119023025
  • $448 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $2,190
  • Water Sewer Expense $2,190
  • Operating Expense $4,380
  • Gross Income $63,176
  • Net Operating Income $63,176

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2190.00
  • Zoning: LAR2
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Parcel Number: 5119023025
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 185.13

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2190.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2712.00
  • Lot Size Acres: 0.0623

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average3 Bed Area: 1056 Square Feet
  • Gross Income: 63176.00
  • Gross Scheduled Income: 67356.00
  • Lot Size Area: 2712.0000 Square Feet
  • Net Operating Income: 63176.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 4380.00
  • Rent Control: Yes
  • Total Actual Rent: 3913.00
  • Total Expenses: 4380.00

Tax Info

  • Tax Census Tract: 2270.20
  • Tax Lot: 60
  • Tax Tract Number: 2270
  • TaxOtherAnnualAssessmentAmount: 448.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Parivash Sherf
Bought by
Sherf Jacob
Current Estimated Value
$902,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,300
Outstanding Balance
$473,180
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$429,670

Purchase Details

Closed on
Aug 30, 2017
Sold by
Prado Esperanza
Bought by
Delgado Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2007
Sold by
Cerda Rigoberto
Bought by
Prado Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
7.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 8, 2005
Sold by
Cerda Rigoberto and Guzman Rigoberto
Bought by
Cerda Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2002
Sold by
Cerda Rigoberto and Prado Juan R
Bought by
Cerda Rigoberto and Guzman Rigoberto

Purchase Details

Closed on
Sep 17, 2000
Sold by
Cerda Rigoberto and Luna Manuel
Bought by
Cerda Rigoberto and Prado Juan R

Purchase Details

Closed on
Apr 2, 1998
Sold by
Aguilar Guillermo D and Aguilar Teresa F
Bought by
Cerda Rigoberto and Luna Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,892
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 1998
Sold by
Alvarez Liliana
Bought by
Guzman Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,892
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Aguilar Guillermo D and Aguilar Teresa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.01%

Purchase Details

Closed on
Jan 18, 1996
Sold by
Villarreal Nicolas and Villarreal Lilia R
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sherf Jacob -- Provident Title
Delgado Jessica $670,000 First American Title Company
Prado Esperanza -- Sut
Cerda Rigoberto -- Ticor Title Co Glendale
Cerda Rigoberto -- First American Title Co
Cerda Rigoberto -- --
Cerda Rigoberto $235,000 American Title Co
Guzman Rigoberto -- American Title Co
Cerda Rigoberto -- American Title Co
Aguilar Guillermo D $140,000 Investors Title Company
Home Svgs Of America Fsb $144,900 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherf Jacob $508,300
Previous Owner Delgado Jessica $670,000
Previous Owner Prado Esperanza $410,000
Previous Owner Cerda Rigoberto $357,500
Previous Owner Cerda Rigoberto $226,892
Previous Owner Aguilar Guillermo D $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2021 12/08/21 Sold $782,000 -8.0% $185 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $849,990 +26.9% $201 / Sq Ft
11/01/2017 11/01/17 Sold $670,000 0.0% $159 / Sq Ft View Prior Sale
07/03/2017 07/03/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $670,000 0.0% $159 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $670,000 -- $159 / 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 $10,255 $829,863 $424,483 $405,380
2024 $10,255 $813,592 $416,160 $397,432
2023 $10,062 $797,640 $408,000 $389,640
2022 $9,600 $782,000 $400,000 $382,000
2021 $8,731 $704,289 $467,774 $236,515
2019 $8,473 $683,400 $453,900 $229,500
2018 $8,413 $670,000 $445,000 $225,000
2016 $6,531 $520,000 $209,600 $310,400
2015 $5,065 $397,000 $160,000 $237,000
2014 $5,200 $397,000 $160,000 $237,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21229188

California Regional Multiple Listing Service (CRMLS)

APN: 5119-023-025