NOT LISTED FOR SALE

1259 E 28th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $804,000 - $1,077,000

9 Beds
3 Baths
2,560 Sq Ft
$365/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $465,000 $182 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,480/month

118 Days on Market

About This Home

As of October 2014

NICE PROPERTIES 3 UNITS IN LA 3 BEDROOMS AND 1 BATH ROOM EACH. READY FOR PERFECT INVESTORS, PROPERTIES ARE RENTED. LONG DRIVEWAY , AND SPACE TO ACCOMADATE UP TO 3 CARS PER UNIT.

Last Agent to Sell the Property

SILVIA RIVAS SEGURA

High Ten Partners, Inc. License #01361905 Listed on: 06/27/2014

Last Buyer's Agent

CECILIA HUYNH

High Ten Partners, Inc. License #01276563

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,094 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,560 Sq Ft Home
  • Property Attached
  • Shingle Siding
  • Stucco

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Parking

  • 9 Parking Spaces
  • Parking Available
  • Uncovered Parking

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 258
  • Assessor Parcel Number 5119019016

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $120
  • Water Sewer Expense $120
  • Gross Income $4,050
  • Net Operating Income $45,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 120.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5119019016
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 181.64

Exterior Features

  • Pool Private: No
  • Construction Materials: Shingle Siding, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 120.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6094.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 4050.00
  • Gross Scheduled Income: 48600.00
  • Lot Size Area: 6094.0000 Square Feet
  • Net Operating Income: 45720.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2880.00
  • Rent Control: No

Tax Info

  • Tax Lot: 258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2017
Sold by
Lalezar Nasser and Yaghobian Naeimeh
Bought by
Lalezar Nasser and Yaghobian Nacimeh
Current Estimated Value
$935,552

Purchase Details

Listed on
Jun 27, 2014
Closed on
Sep 16, 2014
Sold by
Virgen Luis R Vasquez and Ventura Alfredo
Bought by
Lalezar Nasser and Yaghobian Naeimeh
Seller's Agent
SILVIA RIVAS SEGURA
High Ten Partners, Inc.
Buyer's Agent
CECILIA HUYNH
High Ten Partners, Inc.
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Listed on
Aug 22, 2013
Closed on
Aug 22, 2013
Sold by
Rodriguez Nubia
Bought by
Vasquez Virgen Luis R
Seller's Agent
CRUZ RIVAS
CENTURY 21 REALTY MASTERS
Buyer's Agent
Arnulfo Ruiz
CENTURY 21 REALTY MASTERS
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%

Purchase Details

Closed on
Jun 4, 2013
Sold by
Rivas Cruz and Trujillo Catalina
Bought by
Virgen Luis R Vasquez and Ventura Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2007
Sold by
Chairez Maria
Bought by
Chairez Maria and Adams Mark

Purchase Details

Closed on
Feb 2, 2001
Sold by
Hud
Bought by
Rivas Cruz and Trujillo Catalina

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
7.19%

Purchase Details

Closed on
Aug 17, 2000
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Mar 12, 1999
Sold by
Figueroa Marlene E and Hidalgo Tomas Alexander
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jan 12, 1996
Sold by
Bravo Fidel and Bravo Lourdes
Bought by
Figueroa Marlene E and Hidalgo Tomas Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,569
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lalezar Nasser -- None Available
Lalezar Nasser $465,000 First American Title
Vasquez Virgen Luis R -- Wfg
Virgen Luis R Vasquez $420,000 Wfg Title Company Of Ca
Chairez Maria -- None Available
Rivas Cruz $170,000 Stewart Title
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $211,163 Fidelity National Title Ins
Figueroa Marlene E $205,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Virgen Luis R Vasquez $392,755
Previous Owner Rivas Cruz $136,000
Previous Owner Figueroa Marlene E $198,569
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2014 10/01/14 Sold $465,000 -7.0% $182 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $500,000 +25.0% $195 / Sq Ft
09/03/2013 09/03/13 Sold $400,000 -4.8% $156 / Sq Ft View Prior Sale
08/30/2013 08/30/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $420,000 -- $164 / 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
2025 $7,054 $558,852 $264,403 $294,449
2024 $7,054 $547,895 $259,219 $288,676
2023 $6,924 $537,153 $254,137 $283,016
2022 $6,612 $526,621 $249,154 $277,467
2021 $6,523 $516,296 $244,269 $272,027
2020 $6,583 $511,003 $241,765 $269,238
2019 $6,334 $500,984 $237,025 $263,959
2018 $6,202 $491,162 $232,378 $258,784
2016 $5,912 $472,091 $223,355 $248,736
2015 $5,828 $465,000 $220,000 $245,000
2014 $5,342 $420,000 $200,000 $220,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    SILVIA RIVAS SEGURA

    High Ten Partners, Inc.

  • CECILIA HUYNH

    Buyer's Agent in 2014

    CECILIA HUYNH

    High Ten Partners, Inc.

    (626) 377-3157

    CECILIA HUYNH
    Section Image

  • C

    Seller's Agent in 2013

    CRUZ RIVAS

    CENTURY 21 REALTY MASTERS

  • A

    Buyer's Agent in 2013

    Arnulfo Ruiz

    CENTURY 21 REALTY MASTERS

    (323) 722-7700

    4 Total Sales

    Arnulfo Ruiz
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14095466

California Regional Multiple Listing Service (CRMLS)

APN: 5119-019-016

California Los Angeles County Los Angeles 90011 Central Alameda

1259 E 28th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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