NOT LISTED FOR SALE

1242 E Adams Blvd Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $803,160 - $935,000

5 Beds
4 Baths
2,597 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $620,000 $239 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,408/month

44 Days on Market

About This Home

As of October 2018

Located in the Heart of Los Angeles, near Downtown, Fashion District, and USC, and so much more. This three unit residential income property is an opportunity you do not want to miss! Top unit is three bedrooms two baths, and bottom two are one bed one bath, all on their own meter. With a front gate and electric gate on the back, this property is ideal for multiple cars.This property is zoned LARD 1.5! Contact your favorite realtor today!

Last Agent to Sell the Property

Ricardo Garcia

Century 21 Jordan-Link & Co License #01727974 Listed on: 08/17/2018

Century 21 Jordan-Link & Co

Co-Listed By

Hugo Gomez

Century 21 Jordan-Link & Co License #01949829

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,656

Year Built

  • Built in 1913

Lot Details

  • 5,913

Parking

  • 5 Car Parking Spaces
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 5,913 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5119021008

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $16,800
  • Net Operating Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,656

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1913
  • Building Stories: 2
  • Property Sub Type: 3 Units
  • Co List Office Mls Id: 13126
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 5.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Lot Info

  • Lot Size Sq Ft: 5913.00
  • Parcel #: 5119021008

Multi Family

  • Total Annual Expense: 3000.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 3
  • Annual Gross Income: 16800.00
  • Property Net Operating Income: 13800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Sep 5, 2018
Sold by
Quintanilla Wilfredo and Quintanilla Maria M
Bought by
Ebrahim Natan and Trejo Norma
Seller's Agent
Ricardo Garcia
Century 21 Jordan-Link & Co
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$619,900
Sold Price
$620,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$867,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,040
Avg. Annual Appreciation
4.93%
Original Mortgage
$420,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2004
Sold by
Quintanilla Wilfredo and Quintanilla Maria M
Bought by
Quintanilla Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2002
Sold by
Palmas Maria E
Bought by
Quintanilla Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,755
Interest Rate
6.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ebrahim Natan $620,000 Lawyers Title Company
Quintanilla Wilfredo -- Chicago Title Co
Quintanilla Wilfredo $210,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ebrahim Natan $420,000
Previous Owner Quintanilla Wilfredo $367,500
Previous Owner Quintanilla Wilfredo $280,000
Previous Owner Quintanilla Wilfredo $206,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $620,000 0.0% $239 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $619,900 -- $239 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $8,656 $691,617 $446,205 $245,412
2024 $8,656 $678,056 $437,456 $240,600
2023 $8,495 $664,762 $428,879 $235,883
2022 $8,110 $651,728 $420,470 $231,258
2021 $8,004 $638,950 $412,226 $226,724
2020 $8,080 $632,400 $408,000 $224,400
2019 $7,771 $620,000 $400,000 $220,000
2018 $4,147 $321,837 $132,663 $189,174
2016 $3,942 $309,341 $127,512 $181,829
2015 $3,888 $304,695 $125,597 $179,098
2014 $3,917 $298,727 $123,137 $175,590
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Garcia

    Seller's Agent in 2018

    Ricardo Garcia

    Century 21 Jordan-Link & Co

    (661) 979-4455

    92 Total Sales

    Ricardo Garcia
    Section Image

  • H

    Seller Co-Listing Agent in 2018

    Hugo Gomez

    Century 21 Jordan-Link & Co

    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21810514

Bakersfield Association of REALTORS® / GEMLS

APN: 5119-021-008

California Los Angeles County Los Angeles 90011 Central Alameda

1242 E Adams Blvd, Los Angeles, CA

This home is located at 1242 E Adams Blvd, Los Angeles, CA 90011 since 17 August 2018 and is currently estimated at $867,040, approximately $333 per square foot. This property was built in 1913. 1242 E Adams Blvd is a home located in Los Angeles County with nearby schools including Nevin Avenue Elementary School, Thomas Jefferson Senior High School, and Nava College Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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