NOT LISTED FOR SALE

Estimated Value: $582,825 - $611,000

5 Beds
3 Baths
2,514 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $520,000 $207 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,742/month

7 Days on Market

Highlights

  • No HOA
  • Floor Furnace
  • 1-Story Property

About This Home

As of September 2022

Triplex Opportunity - Los Angeles, a place for bold dreams, creative expression, and limitless possibilities. This triplex is centrally located near downtown Los Angeles in a desirable area of South Park. A classic abode that can be customized to your liking and is perfect for a buyer with a vision!
This property has 3 clean detached homes on one lot. The front house consists of 3 bedrooms, 1 bathroom, and a formal dining room. The two separate rear houses are each 1 bedroom 1 bathroom and are currently rented. There is not much yard meaning low maintenance. It is perfectly located near USC and Downtown Los Angeles, and in close proximity to freeways, restaurants, shopping centers and schools. Investors, bring your inspiration and renovation skills.

Last Agent to Sell the Property

Theresa La Roche

Keller Williams Realty License #00815018 Listed on: 09/13/2022

Keller Williams Realty

Last Buyer's Agent

Jacqueline Foshee

Keller Williams Legacy License #01934395

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 7,060 Sq Ft Lot
  • No Common Walls

Home Design

  • Triplex
  • Fixer Upper

Interior Spaces

  • 2,514 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 47 / 2
  • Assessor Parcel Number 5107007018
  • $430 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,175
  • Net Operating Income $2,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

7,060 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Condition: Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5107007018
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 206.84

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7060.00
  • Lot Size Acres: 0.1621

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2175.00
  • Gross Scheduled Income: 2475.00
  • Lot Size Area: 7060.0000 Square Feet
  • Net Operating Income: 2175.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 300.00
  • Rent Control: Yes
  • Total Actual Rent: 2475.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 2287.10
  • Tax Lot: 47
  • TaxOtherAnnualAssessmentAmount: 430.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Sep 20, 2022
Sold by
Higgins Stephan Christopher
Bought by
Ebco Properties Llc
Seller's Agent
Theresa La Roche
Keller Williams Realty
Buyer's Agent
Jacqueline Foshee
Keller Williams Legacy
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
9
Current Estimated Value
$599,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,206
Avg. Annual Appreciation
4.27%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Higgins Phyllis Dusuau
Bought by
Higgins Phyllis D and Phyllis D Higgins Living Trust

Purchase Details

Closed on
Mar 5, 2004
Sold by
William Alva
Bought by
Higgins Phyllis Dusuau
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ebco Properties Llc $520,000 Old Republic Title
Higgins Phyllis D -- None Available
Higgins Phyllis Dusuau -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $520,000 -1.0% $207 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $525,000 -- $209 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,863 $629,442 $499,392 $130,050
2024 $7,863 $617,100 $489,600 $127,500
2023 $7,716 $605,000 $480,000 $125,000
2022 $5,371 $422,018 $187,562 $234,456
2021 $5,296 $413,744 $183,885 $229,859
2020 $5,344 $409,843 $182,000 $227,843
2019 $5,144 $401,815 $178,432 $223,383
2018 $5,060 $393,944 $174,934 $219,010
2016 $4,820 $378,322 $168,142 $210,180
2015 $4,753 $372,640 $165,617 $207,023
2014 $4,787 $365,341 $162,373 $202,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22197765

California Regional Multiple Listing Service (CRMLS)

APN: 5107-007-018

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