NOT LISTED FOR SALE

1215 E 43rd Place Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $1,009,000 - $1,458,515

14 Beds
5 Baths
4,344 Sq Ft
$296/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $825,000 $190 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,658/month

147 Days on Market

About This Home

As of February 2016

Back on market , Priced at 11.5 GRM. This building produces a GROSS RENT OF 75,000 DOLLARS PER YEAR, do your math. HUGE building close to downtown LA and very vibrant area near Central and Vernon with a large bedroom count and great income, Great cash flow for this building, bring on your investors..

Last Agent to Sell the Property

ilan Rozenfeld

Power Brokers License #01257598 Listed on: 09/16/2015

Last Buyer's Agent

Junior Edey

Edey Realty License #01308755

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,041

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,344 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 5 Bathrooms

Additional Features

  • 6,041 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5115-032-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4344
  • Stories: 1
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 198.55

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Water Expense: 3900.00

Fee Information

  • Insurance Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 170908
  • Assessed Land Value: 256362
  • Assessor Parcel Number: 5115-032-022
  • Geocode Override: No
  • Lot Size Area: 6041

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.50
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: 4plex

Tax Info

  • Tax Expense: 5000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Patcha Francisca
Bought by
Njabo Kevin Y
Current Estimated Value
$1,283,879

Purchase Details

Closed on
Apr 26, 2019
Sold by
Lee Shianti Louise Lavette and Njabo Kevin Y
Bought by
Lee Shianti Louise Lavette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2015
Closed on
Feb 17, 2016
Sold by
1427 West 108Th Street Llc
Bought by
Lee Shianti Louise L and Njabo Kevin Y
Seller's Agent
ilan Rozenfeld
Power Brokers
Buyer's Agent
Junior Edey
Edey Realty
List Price
$862,500
Sold Price
$825,000
Premium/Discount to List
-$37,500
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$755,493
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2012
Sold by
Monterosas Victor
Bought by
1427 W 108Th Street Llc and Bild La Llc

Purchase Details

Closed on
Nov 10, 2011
Sold by
Monterosas Victor
Bought by
Monterosas Victor and Vega Ricardo P

Purchase Details

Closed on
Sep 21, 2006
Sold by
Alema Alina
Bought by
Monterosas Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.53%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 30, 2006
Sold by
Ahmed Sahirah
Bought by
Monterosas Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.53%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 20, 2001
Sold by
Hud
Bought by
Ahmed Sahirah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 5, 2000
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Oct 29, 1999
Sold by
Rojas Jose M and Rojas Miriam Anguiano
Bought by
Chase Manhattan Mtg Corp and Chemical Residential Mtg Corp

Purchase Details

Closed on
Dec 21, 1998
Sold by
Rojas Jose M and Rojas Miriam Anguiano
Bought by
Chase Manhattan Mtg Corp and Chemical Residential Mtg Corp

Purchase Details

Closed on
Oct 31, 1995
Sold by
Boren Ira J
Bought by
Rojas Jose M and Rojas Miriam Anguiano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,498
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 1995
Sold by
Camelback Enterprises Inc
Bought by
Boren Ira J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Njabo Kevin Y -- Stewart Title Of California
Lee Shianti Louise Lavette -- Stewart Title Of California
Lee Shianti Louise L $825,000 Chicago Title
1427 W 108Th Street Llc $303,000 None Available
Monterosas Victor -- None Available
Monterosas Victor -- Commonwealth Land Title Co
Monterosas Victor $800,000 Commonwealth Land Title Co
Ahmed Sahirah -- Commonwealth Land Title Co
Ahmed Sahirah $209,000 First Southwestern Title Co
Hud -- Fidelity National Title Ins
Chase Manhattan Mtg Corp $301,041 Fidelity National Title Ins
Chase Manhattan Mtg Corp $294,212 Fidelity National Title Ins
Rojas Jose M $275,000 Orange Coast Title
Boren Ira J $25,621 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Shianti Louise Lavette $731,000
Previous Owner Lee Shianti Louise L $755,493
Previous Owner Monterosas Victor $640,000
Previous Owner Ahmed Sahirah $200,000
Previous Owner Rojas Jose M $263,498
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $825,000 0.0% $190 / Sq Ft
12/15/2015 12/15/15 Off Market $825,000 -- --
09/16/2015 09/16/15 For Sale $862,500 -- $199 / 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 $12,135 $977,465 $591,443 $386,022
2024 $12,135 $958,300 $579,847 $378,453
2023 $11,907 $939,511 $568,478 $371,033
2022 $11,365 $921,090 $557,332 $363,758
2021 $11,209 $903,030 $546,404 $356,626
2019 $9,234 $875,496 $530,604 $344,892
2018 $9,117 $858,330 $520,200 $338,130
2016 $5,667 $442,451 $265,471 $176,980
2015 $5,589 $435,806 $261,484 $174,322
2014 $5,631 $427,270 $256,362 $170,908
Source: Public Records

Agents Affiliated with this Home

  • ilan Rozenfeld

    Seller's Agent in 2016

    ilan Rozenfeld

    Power Brokers

    (310) 980-0262

    1 Total Sale

    ilan Rozenfeld
    Section Image

  • J

    Buyer's Agent in 2016

    Junior Edey

    Edey Realty

    Section Image
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Map

Source: The MLS

MLS Number: 15-942039

The MLS

APN: 5115-032-022

California Los Angeles County Los Angeles 90011 Central Alameda

1215 E 43rd Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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