$520,000
SOLD FEB 28, 2020
7 Beds
3 Baths
2,561 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

3% Below List Price

144 Days on Market

About This Home

As of May 2021

Amazing opportunity to own a 3-unit property in prime area of Los Angeles just miles away from the Los Angeles Memorial Coliseum and USC. Unit 1 is a spacious 4 Bed/1 Bath, Unit 2 is a 2 bed/1bath and Unit 3 is 1 bed/1bath. Priced for quick sale.

Last Agent to Sell the Property

Harry Bawaan

The Realty Group License #01373431 Listed on: 02/04/2019

Last Buyer's Agent

Richard Arellano

T.N.G. Real Estate Consultants License #01759161

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,051

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping

Parking

  • 1 Car Garage

Home Design

  • 2,561 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 2294
  • Assessor Parcel Number 5101014021

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,737
  • New Taxes Expense $5,314
  • Operating Expense $7,051
  • Gross Income $26,100
  • Net Operating Income $19,049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,051

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5101014021
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 203.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 26100.00
  • Gross Scheduled Income: 26100.00
  • Insurance Expense: 1737.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 19049.00
  • 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: 7051.00
  • Rent Control: Yes
  • Total Expenses: 7051.00

Tax Info

  • New Taxes Expense: 5314.00
  • Tax Census Tract: 2294.10
  • Tax Lot: 22
  • Tax Tract Number: 2294.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
May 11, 2021
Sold by
Mendoz Mercedes
Bought by
Sanchez Arellano Juan Carlos
Seller's Agent
Harry Bawaan
The Realty Group
Buyer's Agent
Monica Sainz
First Investments Realty & Mortgage
List Price
$699,000
Sold Price
$760,000
Premium/Discount to List
$61,000
8.73%
Current Estimated Value
$877,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,009
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Feb 19, 2021
Sold by
Nunez Ricardo and Park Victoria Shin
Bought by
Sanchez Arellano Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2019
Closed on
Jan 31, 2020
Sold by
Nunez Guadalupe
Bought by
Nunez Ricardo
Seller's Agent
Harry Bawaan
The Realty Group
Buyer's Agent
Richard Arellano
T.N.G. Real Estate Consultants
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Oct 25, 2019
Sold by
Quintero Eva
Bought by
Nunez Ricardo and Park Victoria Shin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2014
Closed on
May 28, 2014
Sold by
One Tree Llc
Bought by
Quintero Eva
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$392,755
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 14, 2013
Closed on
Jun 10, 2013
Sold by
Tdc/Pacific Properties Inc
Bought by
One Tree Llc
Seller's Agent
Vicente Bustos
C-21 Powerhouse
Buyer's Agent
Vicente Bustos
C-21 Powerhouse
List Price
$230,000
Sold Price
$260,000
Premium/Discount to List
$30,000
13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.55%

Purchase Details

Listed on
Apr 14, 2013
Closed on
Apr 18, 2013
Sold by
Garcia Edilia
Bought by
Tdc/Pacific Properties Inc
Seller's Agent
Vicente Bustos
C-21 Powerhouse
Buyer's Agent
Vicente Bustos
C-21 Powerhouse
List Price
$230,000
Sold Price
$260,000
Premium/Discount to List
$30,000
13.04%

Purchase Details

Closed on
Apr 5, 2013
Sold by
Soto Maria De Los Angeles
Bought by
Garcia Edilia

Purchase Details

Closed on
Sep 15, 2010
Sold by
Garcia Edilia
Bought by
Delosangeles Garcia Edilia and Delosangeles Soto Maria

Purchase Details

Closed on
Feb 2, 2010
Sold by
Portillo Agripina
Bought by
Garcia Edilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2006
Sold by
Portillo Agripina
Bought by
Portillo Agripina

Purchase Details

Closed on
Aug 11, 2004
Sold by
Samayoa Daniel
Bought by
Portillo Agripina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1999
Sold by
Samayoa Daniel
Bought by
Portillo Agripina

Purchase Details

Closed on
May 17, 1999
Sold by
Portillo Agripina
Bought by
Samayoa Daniel and Portillo Agripina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.86%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $760,000 Lawyers Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $510,000 Chicago Title Company
Grant Deed $400,000 Provident Title Company
Grant Deed $250,002 Provident Title Company
Grant Deed $250,000 None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $235,000 Lawyers Title
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- United Title
Gift Deed -- --
Interfamily Deed Transfer -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $570,000 New Conventional
Previous Owner $382,500 New Conventional
Previous Owner $377,353 FHA
Previous Owner $392,755 FHA
Previous Owner $230,743 FHA
Previous Owner $440,000 Negative Amortization
Previous Owner $358,000 Stand Alone First
Previous Owner $278,000 Purchase Money Mortgage
Previous Owner $135,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $760,000 0.0% $382 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/15/2021 01/15/21 Off Market $760,000 -- --
01/15/2021 01/15/21 For Sale $699,000 -8.0% $351 / Sq Ft
01/14/2021 01/14/21 Off Market $760,000 -- --
01/08/2021 01/08/21 For Sale $699,000 +34.4% $351 / Sq Ft
02/28/2020 02/28/20 Sold $520,000 -2.8% $203 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $535,000 +33.8% $209 / Sq Ft
06/20/2014 06/20/14 Sold $400,000 +0.3% $201 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $399,000 +53.5% $200 / Sq Ft
06/12/2013 06/12/13 Sold $260,000 +13.0% $131 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $230,000 -- $115 / 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
2024 $10,051 $806,517 $371,422 $435,095
2023 $9,859 $790,704 $364,140 $426,564
2022 $9,404 $775,200 $357,000 $418,200
2021 $6,410 $515,283 $404,144 $111,139
2020 $5,731 $448,352 $212,967 $235,385
2019 $5,512 $439,562 $208,792 $230,770
2018 $5,431 $430,945 $204,699 $226,246
2017 $0 $422,496 $200,686 $221,810
2016 $5,180 $414,212 $196,751 $217,461
2015 $5,106 $407,991 $193,796 $214,195
2014 $3,326 $251,134 $160,726 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19028961

California Regional Multiple Listing Service (CRMLS)

APN: 5101-014-021