NOT LISTED FOR SALE

Estimated Value: $922,000 - $1,015,000

5 Beds
3 Baths
3,167 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $850,000 $268 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,305/month

90 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Private Yard
  • Balcony
  • Accessible Parking

About This Home

As of July 2021

Great income property well maintained triplex within USC vicinity. One of the units was recently remodeled and will be ready for future owner or tenant to move in. A 472 sqft. ADU plans are in process to be approved to convert the garage with an addition. Second floor unit is 3 Bedrooms and 1 bathroom, first floor units are 1 bedroom and 1 bathroom with laundry area. This triplex is in a great location minutes away from USC campus & village, Downtown LA, Fashion District, Natural History Museums of LA, Jewelry District, Financial District, Staples Center, Convention Center, LA Live, LA Memorial Coliseum, Banc of California Stadium and access to Freeways 10, 110, 5, & 60. PLEASE DO NOT DISTURB TENANTS. DRIVE-BY ONLY.

Last Agent to Sell the Property

Max Bautista Jr.

The One Luxury Properties License #01477568 Listed on: 03/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,080

Year Built

  • Built in 1912

Lot Details

  • 4,461 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Block Wall Fence
  • Fence is in excellent condition
  • Flag Lot
  • Private Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 3,167 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Cable TV Not Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 9 / 13
  • Tax Tract Number 5055
  • Assessor Parcel Number 5055019036

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $350
  • Water Sewer Expense $1,252
  • Operating Expense $2,767
  • Gross Income $26,690
  • Net Operating Income $41,090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,080

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1252.20
  • Zoning: LARD2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5055019036
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Entry Location: FRONT
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Accessibility Features: Parking
  • Appliances: No
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 268.39
  • Room Type: Laundry

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Not Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 350.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Flag Lot, Yard
  • Lot Size Sq Ft: 4461.00
  • Lot Size Acres: 0.1024

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 26690.00
  • Gross Operating Income: 26689.00
  • Gross Scheduled Income: 26690.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4461.0000 Square Feet
  • Net Operating Income: 41090.00
  • 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: 2766.43
  • Rent Control: Yes
  • Total Actual Rent: 2454.50
  • Total Expenses: 2767.00

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 2217.10
  • Tax Lot: 9
  • Tax Tract Number: 5055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
1219 Cat Llc
Bought by
Lee John
Current Estimated Value
$972,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$350,691
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$575,846

Purchase Details

Closed on
Mar 9, 2023
Sold by
Lee John
Bought by
1219 Cat Llc

Purchase Details

Listed on
Mar 7, 2021
Closed on
Jun 29, 2021
Sold by
Castillo Jose B
Bought by
Lee John
Seller's Agent
Max Bautista Jr.
The One Luxury Properties
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$637,500
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2016
Sold by
Desantiago Maria Christina
Bought by
Castillo Jose B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,308
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lee John -- California Best Title Company
Lee John -- California Best Title Company
1219 Cat Llc -- Accommodation/Courtesy Recordi
Lee John $850,000 First American Title
Castillo Jose B $590,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee John $351,000
Closed Lee John $351,000
Previous Owner Lee John $637,500
Previous Owner Castillo Jose B $675,000
Previous Owner Castillo Jose B $55,000
Previous Owner Castillo Jose B $506,000
Previous Owner Castillo Jose B $570,308
Previous Owner Desantiago Maria Christina $110,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $850,000 -5.5% $268 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $899,900 0.0% $284 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $899,900 +52.5% $284 / Sq Ft
06/02/2016 06/02/16 Sold $590,000 0.0% $186 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/24/2016 03/24/16 Off Market $590,000 -- --
02/09/2016 02/09/16 Price Changed $599,000 -16.8% $189 / Sq Ft
01/25/2016 01/25/16 For Sale $720,000 -- $227 / 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 $11,080 $884,340 $728,280 $156,060
2023 $10,873 $867,000 $714,000 $153,000
2022 $10,379 $850,000 $700,000 $150,000
2021 $6,345 $645,249 $470,267 $174,982
2020 $8,106 $638,633 $465,445 $173,188
2019 $7,794 $626,112 $456,319 $169,793
2018 $7,685 $613,836 $447,372 $166,464
2016 $742 $37,452 $14,469 $22,983
2015 $736 $36,890 $14,252 $22,638
2014 $761 $36,168 $13,973 $22,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21047120

California Regional Multiple Listing Service (CRMLS)

APN: 5055-019-036