NOT LISTED FOR SALE

1207 Geraghty Ave Los Angeles, CA 90063

Estimated Value: $766,000 - $869,000

6 Beds
3 Baths
1,846 Sq Ft
$445/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $710,000 $385 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,180/month

3 Days on Market

Highlights

  • Lawn
  • Lincoln High School Rated A-
  • Laundry Room

About This Home

As of October 2021

Amazing opportunity to own a great income producing property in up and coming East LAl!! Awesome triplex with spacious units, decent sized bathrooms, laundry room, private yards, plenty of driveway space with plenty of street parking! Units are 3 bed, 1 bath, 2 bed and 1 bath, and a 1 bed, 1 bath. 3/1 unit has been fully remodeled and presents the potential the units/property have! Units have individual electrical and gas meters, 1 water meter. Location of the property is prime as it is minutes from downtown LA! Schools from elementary through university like CSULA/ELAC are directly in the area, making this an ideal location for housing! Parks, public transportation, entertainment, and shopping centers are a short walk/drive. Major freeways 10, 710, and 60 are easily accessed from property!! Come take a tour of your new investment!

Last Agent to Sell the Property

Kevin Messiha

Keller Williams SELA License #01883819 Listed on: 08/22/2021

Keller Williams SELA

Last Buyer's Agent

PRISCILLA GUTIERREZ

FAITH REAL ESTATE INC. License #01963606

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,564 Sq Ft Lot
  • 1 Common Wall
  • Lawn
  • Garden
  • Back Yard

Home Design

  • Triplex

Interior Spaces

  • 6 Bedrooms
  • 1,846 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 4 / 16
  • Tax Tract Number 592
  • Assessor Parcel Number 5227005004
  • $1,468 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,350
  • Trash Expense $1,020
  • Water Sewer Expense $2,400
  • Operating Expense $4,770
  • Gross Income $21,012
  • Net Operating Income $16,242

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LCR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5227005004
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 384.62

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1020.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Lawn
  • Lot Size Sq Ft: 5564.00
  • Lot Size Acres: 0.1277

Multi Family

  • Gross Income: 21012.00
  • Gross Scheduled Income: 21012.00
  • Insurance Expense: 1350.00
  • Lot Size Area: 5564.0000 Square Feet
  • Net Operating Income: 16242.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4770.00
  • Rent Control: Yes
  • Total Expenses: 4770.00

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 5308.02
  • Tax Lot: 4
  • Tax Tract Number: 592
  • TaxOtherAnnualAssessmentAmount: 1468.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2021
Closed on
Aug 31, 2021
Sold by
Multi-Unit Acquisition Croup
Bought by
Esparza Juan and Madrigal Yolanda
Seller's Agent
Kevin Messiha
Keller Williams SELA
Buyer's Agent
PRISCILLA GUTIERREZ
FAITH REAL ESTATE INC.
List Price
$689,000
Sold Price
$710,000
Premium/Discount to List
$21,000
3.05%
Current Estimated Value
$822,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,171
Avg. Annual Appreciation
3.49%
Original Mortgage
$697,140
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 2005
Sold by
Central Jail Bail Bonds
Bought by
Potter Herbert J and Potter Marilyn G
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
Esparza Juan $710,000 None Listed On Document
Potter Herbert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esparza Juan $697,140
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $710,000 +3.0% $385 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $689,000 -- $373 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,829 $753,456 $517,869 $235,587
2024 $10,545 $738,683 $507,715 $230,968
2023 $10,116 $724,200 $497,760 $226,440
2022 $9,658 $710,000 $488,000 $222,000
2021 $5,184 $319,744 $111,463 $208,281
2020 $5,214 $316,467 $110,321 $206,146
2019 $5,047 $310,262 $108,158 $202,104
2018 $4,942 $304,180 $106,038 $198,142
2016 $4,745 $292,370 $101,921 $190,449
2015 $4,679 $287,980 $100,391 $187,589
2014 $4,687 $282,340 $98,425 $183,915
Source: Public Records

Agents Affiliated with this Home

  • Kevin Messiha

    Seller's Agent in 2021

    Kevin Messiha

    Keller Williams SELA

    (562) 250-3238

    5 in this area

    144 Total Sales

    Kevin Messiha
    Section Image

  • P

    Buyer's Agent in 2021

    PRISCILLA GUTIERREZ

    FAITH REAL ESTATE INC.

    Section Image

  • P

    Buyer's Agent in 2021

    PRISLLA GARCIA

    TAMAYO & ASSOC. R.E.

    (323) 725-7100

    1 in this area

    2 Total Sales

    PRISLLA GARCIA
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21185892

California Regional Multiple Listing Service (CRMLS)

APN: 5227-005-004

California Los Angeles County Los Angeles 90063

1207 Geraghty Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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