NOT LISTED FOR SALE

Estimated Value: $718,000 - $823,000

8 Beds
4 Baths
2,208 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 24, 2019

Last sale price $527,000 $239 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,837/month

12 Days on Market

About This Home

As of July 2019

Probate Sale. No court confirmation needed. The subject property is a four unit apartment building. Each unit has 2 bedrooms and 1 bath. The property is close to major freeways and Downtown LA. The buyer is advised to verify all information in the listing by doing their own due diligence.

Last Agent to Sell the Property

Travis Winn

Rodeo Realty License #01254586 Listed on: 06/14/2019

Rodeo Realty

Co-Listed By

David Winn

Rodeo Realty License #01024412

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,300

Year Built

  • Built in 1959

Lot Details

  • 7,502 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 2264
  • Assessor Parcel Number 5131014015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,300

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Travis Cell
  • Other Phone Number: 818-674-2652
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5131014015
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 238.68

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Lot Size Area: 7502.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 2600.00

Tax Info

  • Tax Census Tract: 2264.20
  • Tax Lot: 13
  • Tax Tract Number: 2264.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 9, 2019
Sold by
Hernandez Louisa
Bought by
Hernandez Gabriel
Seller's Agent
Travis Winn
Rodeo Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$500,000
Sold Price
$527,000
Premium/Discount to List
$27,000
5.4%
Total Days on Market
12
Current Estimated Value
$753,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,333
Avg. Annual Appreciation
6.29%

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 2, 2019
Sold by
Leestma James and Estate Of Alejandro Saenz
Bought by
Hernandez Gabriel
Seller's Agent
Travis Winn
Rodeo Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$500,000
Sold Price
$527,000
Premium/Discount to List
$27,000
5.4%

Purchase Details

Closed on
Aug 22, 2006
Sold by
Saenz Alejandro
Bought by
Saenz Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2001
Sold by
Saenz Marcos
Bought by
Saenz Alejandro
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 Buyer Sale Price Title Company
Hernandez Gabriel -- Ticor Title
Hernandez Gabriel $527,000 Ticor Title
Saenz Alejandro -- Ticor Title Co Of California
Saenz Alejandro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Gabriel $535,000
Closed Hernandez Gabriel $125,000
Previous Owner Saenz Alejandro $130,624
Previous Owner Saenz Alejandro $176,000
Previous Owner Saenz Alejandro $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2019 07/24/19 Sold $527,000 +5.4% $239 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $500,000 -- $226 / 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 $7,300 $565,047 $482,490 $82,557
2023 $7,166 $553,969 $473,030 $80,939
2022 $6,845 $543,107 $463,755 $79,352
2021 $6,756 $532,459 $454,662 $77,797
2019 $3,027 $222,618 $123,680 $98,938
2018 $2,897 $218,254 $121,255 $96,999
2016 $2,750 $209,782 $116,548 $93,234
2015 $2,713 $206,632 $114,798 $91,834
2014 $2,748 $202,586 $112,550 $90,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19139989

California Regional Multiple Listing Service (CRMLS)

APN: 5131-014-015