NOT LISTED FOR SALE

Estimated Value: $673,000 - $796,000

4 Beds
2 Baths
1,299 Sq Ft
$569/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $589,000 $453 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,544/month

About This Home

As of April 2021

Nice clean units ready for owner user or for a great rental keeper. Property is located just minutes from USC, LAFC, La Coliseum, DownTown Los Angeles and much much more. This property was fully remodeled just a few years ago with all new plumbing, windows, new roof, electrical upgrades and full rewire, new bathrooms upgrades, new kitchens cabinets, counter tops, drywall, paint, stucco, floors and much more. Termite completion is done as well as a home inspection along with repairs from previous buyer who could not perform. Location for these units is very ideal for a rental landlord or owner user. One unit is already vacant for owner user. Property has a total of 4 bedrooms and 2 baths. Buyer to verify all permits. Agent related to seller. Any questions regarding the sale please reach out to agent directly.

Last Agent to Sell the Property

Hernan Hernandez

Excellence Premier Real Estate License #01161183 Listed on: 02/04/2021

Last Buyer's Agent

Marvin Byrne

Keller Williams Realty License #01430606

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,742

Year Built

  • Built in 1924

Lot Details

  • 3,529 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,299 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 16
  • Tax Tract Number 5234
  • Assessor Parcel Number 5002010001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $80
  • Water Sewer Expense $95
  • New Taxes Expense $267
  • Operating Expense $7,224
  • Gross Income $36,647
  • Net Operating Income $29,423

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,742

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • CapRate: 20.36
  • Improvements Amount: 120000
  • Improvements Percent: 85.00
  • Other Phone Description: 5622288811
  • Property Attached: No
  • Water Sewer Expenses: 95.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5002010001
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Front & side
  • Common Walls: No Common Walls
  • Price Per Square Foot: 453.43
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3529.00
  • Lot Size Acres: 0.0810

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 680 Square Feet
  • Gross Operating Income: 36647.00
  • Gross Scheduled Income: 36647.00
  • Insurance Expense: 80.00
  • Lot Size Area: 3529.0000 Square Feet
  • Net Operating Income: 29423.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7224.00
  • Operating Expense Percent: 20.00
  • Rent Control: Yes
  • Total Expenses: 7224.00

Tax Info

  • New Taxes Expense: 267.00
  • Tax Census Tract: 2326.00
  • Tax Lot: 16
  • Tax Tract Number: 5234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 12, 2021
Sold by
Moriah Acquistions Inc
Bought by
Zamora Jaqueline
Seller's Agent
Hernan Hernandez
Excellence Premier Real Estate
Buyer's Agent
Marvin Byrne
Keller Williams Realty
List Price
$589,000
Sold Price
$589,000
Current Estimated Value
$715,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,632
Avg. Annual Appreciation
5.38%
Original Mortgage
$578,331
Outstanding Balance
$523,704
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$214,958

Purchase Details

Closed on
Dec 16, 2020
Sold by
Hernandez Hernan
Bought by
Moriah Acquisitions Inc

Purchase Details

Closed on
Jun 22, 2017
Sold by
Moriah Acquisitions Inc
Bought by
Hernandez Hernan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2014
Sold by
Daniels Ethel
Bought by
Moriah Acquisitions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 11, 2002
Sold by
Nba Properties Inc
Bought by
Daniels Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.16%

Purchase Details

Closed on
Nov 19, 1999
Sold by
Hud
Bought by
Nba Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.83%

Purchase Details

Closed on
Feb 17, 1999
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 11, 1997
Sold by
Affordable Shelters Inc
Bought by
Juarez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,821
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 1996
Sold by
Hud
Bought by
Affordable Shelters Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,750
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1995
Sold by
Platte Valley Funding Lp
Bought by
Hud

Purchase Details

Closed on
Nov 10, 1995
Sold by
Martinez Jesus and Ramirez Ana
Bought by
Platte Valley Funding Lp and Harbourton Mtg Co Lp
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
Zamora Jaqueline $589,000 First American Title Company
Moriah Acquisitions Inc -- First American Title Company
Hernandez Hernan -- First American Title Company
Hernandez Hernan -- First American Title Company
Moriah Acquisitions Inc $150,000 First American Title Company
Daniels Ethel $160,000 Lawyers Title Company
Nba Properties Inc $118,000 Provident Title
Hud -- --
First Nationwide Mtg Corp $155,672 Stewart Title
Juarez Carlos $144,000 California Counties Title Co
Affordable Shelters Inc $69,000 California Counties Title Co
Hud -- Chicago Title Insurance Co
Platte Valley Funding Lp $135,198 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamora Jaqueline $578,331
Previous Owner Hernandez Hernan $242,000
Previous Owner Moriah Acquisition Inc $224,000
Previous Owner Moriah Acquisition Inc $201,500
Previous Owner Moriah Acquisitions Inc $201,500
Previous Owner Daniels Ethel $136,000
Previous Owner Nba Properties Inc $98,000
Previous Owner Juarez Carlos $141,821
Previous Owner Affordable Shelters Inc $109,750
Closed Nba Properties Inc $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $589,000 0.0% $453 / Sq Ft
04/16/2021 04/16/21 For Sale $589,000 0.0% $453 / Sq Ft
04/06/2021 04/06/21 Price Changed $589,000 0.0% $453 / Sq Ft
02/04/2021 02/04/21 For Sale $589,000 -- $453 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
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
2025 $7,742 $637,550 $253,288 $384,262
2024 $7,742 $625,050 $248,322 $376,728
2023 $7,597 $612,795 $243,453 $369,342
2022 $7,249 $600,780 $238,680 $362,100
2021 $3,300 $260,919 $149,889 $111,030
2020 $3,331 $258,245 $148,353 $109,892
2019 $3,205 $253,183 $145,445 $107,738
2018 $3,151 $248,220 $142,594 $105,626
2016 $3,207 $238,583 $137,058 $101,525
2015 $2,462 $192,804 $124,119 $68,685
2014 $2,484 $189,028 $121,688 $67,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21023557

California Regional Multiple Listing Service (CRMLS)

APN: 5002-010-001