NOT LISTED FOR SALE

1212 S Hicks Ave Los Angeles, CA 90023

Estimated Value: $605,000 - $928,000

5 Beds
3 Baths
1,856 Sq Ft
$432/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $735,000 $396 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,178/month

7 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Family Room Off Kitchen
  • James A. Garfield Senior High School Rated A
  • Open to Family Room
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2022

This triplex comes with 2 front units and 1 back unit featuring a perfect multi unit living and investment opportunity. Both front units open into a spacious living room effortlessly leading into a large kitchen perfect for your culinary adventures with your family and friends. For a change of scenery front units will also enjoy the large front porch patio suited for outdoor barbecues, parties, or the simple al fresco dining. Front units presents 2 bedrooms and 1 bath with hallway storage throughout the home. Both units will be delivered vacant! Back unit offers a 1 bedroom and 1 bath and will be delivered with a cooperative tenant currently on a month-to-month lease at $990/month. Large driveway accommodates multiple cars along with a backyard shed with a community washer and dryer and additional storage! Shed may provide multi purpose uses such as a mini gym, game room, or man cave! Neighborhood amenities include local eateries, Salazar Park, Eastman Elementary, Los Angeles Community Hospital, and more.

Last Agent to Sell the Property

Raphael Ferrer

Luxre Realty, Inc. License #02035804 Listed on: 05/26/2022

Luxre Realty, Inc.

Co-Listed By

Sarah Bui

Luxre Realty, Inc. License #02054565

Luxre Realty, Inc.

Last Buyer's Agent

Sarah Bui

Luxre Realty, Inc. License #02054565

Luxre Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,832

Year Built

  • Built in 1927

Lot Details

  • 5,207 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Traditional Architecture

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Living Room
  • Attic Fan

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Laminate Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Concrete Porch or Patio
  • Shed

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 291
  • Tax Tract Number 3840
  • Assessor Parcel Number 5242011003
  • $1,040 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,832

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: LCM1*
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 5242011003
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1856.00 Square Feet
  • Interior Amenities: Attic Fan, Laminate Counters
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 396.01
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room
  • Room Kitchen Features: Formica Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5207.00
  • Lot Size Acres: 0.1195

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5207.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 5313.02
  • Tax Lot: 291
  • Tax Tract Number: 3840
  • TaxOtherAnnualAssessmentAmount: 1040.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jun 21, 2022
Sold by
Maria L Heredia Living Trust and Heredia Maria L
Bought by
Hicks 1 Llc
Seller's Agent
Raphael Ferrer
Luxre Realty, Inc.
Buyer's Agent
Sarah Bui
Luxre Realty, Inc.
List Price
$725,000
Sold Price
$735,000
Premium/Discount to List
$10,000
1.38%
Current Estimated Value
$802,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,333
Avg. Annual Appreciation
2.53%
Original Mortgage
$905,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2020
Sold by
Heredia Maria L
Bought by
Heredia Maria L

Purchase Details

Closed on
Jan 12, 2005
Sold by
Abreu Patricia and The Antonia J Burciaga Revocab
Bought by
Heredia Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.32%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 23, 2003
Sold by
Burciaga Antonia J
Bought by
Burciaga Antonia J and The Antonia J Burciaga Revocab
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hicks 1 Llc $735,000 Chicago Title
Heredia Maria L -- None Available
Heredia Maria L $375,000 Investors Title Company
Burciaga Antonia J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks 1 Llc $1,151,250
Closed Hicks 1 Llc $150,000
Closed Hicks 1 Llc $905,000
Previous Owner Heredia Maria L $343,750
Previous Owner Heredia Maria L $360,000
Previous Owner Heredia Maria L $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $735,000 0.0% $396 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
06/01/2022 06/01/22 Off Market $735,000 -- --
05/26/2022 05/26/22 For Sale $725,000 -- $391 / 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 $10,832 $764,694 $374,544 $390,150
2024 $10,832 $749,700 $367,200 $382,500
2023 $10,399 $735,000 $360,000 $375,000
2022 $2,228 $60,000 $20,989 $39,011
2021 $2,197 $58,825 $20,578 $38,247
2020 $2,198 $58,222 $20,367 $37,855
2019 $2,160 $57,081 $19,968 $37,113
2018 $2,029 $55,963 $19,577 $36,386
2016 $1,950 $53,792 $18,818 $34,974
2015 $1,930 $52,985 $18,536 $34,449
2014 $1,942 $51,948 $18,173 $33,775
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22110148

California Regional Multiple Listing Service (CRMLS)

APN: 5242-011-003