NOT LISTED FOR SALE

Estimated Value: $623,000 - $917,871

6 Beds
4 Baths
2,523 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 24, 2015

Last sale price $451,000 $179 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,086/month

16 Days on Market

About This Home

As of November 2015

Great income producing property. Wonderful craftsman with all the character and original charm, 2 separate buildings - 3 units total all 2 bedroom 1 bath. first unit (physical address 19021 Budlong Ave.) is a SFR with 2 bedroom 1.5 bath, laundry room and detached bonus room its own garage and driveway. The 2nd building a 2 story duplex bottom unit is a large 2 bedroom one bath unit with laundry room and own private yard. The top unit is a 2 bedroom unit with laundry hookups. Both units share the garage.

Last Agent to Sell the Property

Patty Lopez

Keller Williams Realty Los Feliz License #01704771 Listed on: 08/24/2015

Keller Williams Realty Los Feliz

Last Buyer's Agent

John Capiro

Compass License #00925696

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,981

Year Built

  • Built in 1921

Lot Details

  • 6,311

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Additional Features

  • 6,311 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6076-007-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,981

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2523
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 156.56

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 30889
  • Assessed Land Value: 30321
  • Assessor Parcel Number: 6076-007-004
  • Geocode Override: No
  • Lot Size Area: 6311

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 3
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: residential
  • Vacancy Rate: 25%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2015
Closed on
Oct 22, 2015
Sold by
Pena Esther R and Josephine Almada Trust
Bought by
Serrano Julio Cesar
Seller's Agent
Patty Lopez
Keller Williams Realty Los Feliz
Buyer's Agent
John Capiro
Compass
List Price
$395,000
Sold Price
$451,000
Premium/Discount to List
$56,000
14.18%
Current Estimated Value
$829,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,968
Avg. Annual Appreciation
6.57%
Original Mortgage
$440,536
Outstanding Balance
$344,026
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$498,779

Purchase Details

Closed on
Jul 20, 2005
Sold by
Almada Josephine
Bought by
Almada Josephine and Josephine Almada Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Almada Josephine
Bought by
Almada Josephine and The Josephine Almada Trust
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
Serrano Julio Cesar $451,000 Western Resources Title Co
Almada Josephine -- --
Almada Josephine -- --
Almada Josephine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Julio Cesar $440,536
Previous Owner Almada Josephine $120,000
Previous Owner Almada Albert R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2015 11/24/15 Sold $451,000 +14.2% $179 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $395,000 -- $157 / 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 $7,981 $533,885 $355,136 $178,749
2024 $7,981 $523,418 $348,173 $175,245
2023 $7,603 $513,156 $341,347 $171,809
2022 $7,278 $503,095 $334,654 $168,441
2021 $7,206 $493,232 $328,093 $165,139
2020 $7,255 $488,175 $324,729 $163,446
2019 $7,002 $478,604 $318,362 $160,242
2018 $6,884 $469,220 $312,120 $157,100
2016 $6,569 $451,000 $300,000 $151,000
2015 $1,928 $62,432 $30,926 $31,506
2014 $1,941 $61,210 $30,321 $30,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-935231

The MLS

APN: 6076-007-004