NOT LISTED FOR SALE

126 E Avenue 41 Los Angeles, CA 90031

Highland Park Neighborhood

Estimated Value: $830,186 - $1,292,000

6 Beds
3 Baths
2,779 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $450,000 $162 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,992/month

80 Days on Market

Highlights

  • No HOA
  • Lincoln High School Rated A-
  • Front Yard

About This Home

As of August 2014

This triplex are centrally located. Six blocks away from Heritage Square Gold Line Station. Ideal for small investor. There is a house situated in
the front, duplex at the back. All offers two bedrooms one bath each. All units are rented and COME with long-term tenants. Plenty of front yard,
long driveway, plenty of space for parking at the back. Ample street parking. Close to shopping as well as easy freeway access.

Last Agent to Sell the Property

Diana Wong

IRN Realty License #01371132 Listed on: 05/10/2014

IRN Realty

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,507 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 2,779 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, trash collection
  • Tax Lot 6
  • Assessor Parcel Number 5451007005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,950
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

7,507 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5451007005
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 161.93

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • 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: Front Yard
  • Lot Size Sq Ft: 7507.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas, Grounds Care, Trash Collection

Multi Family

  • Gross Income: 1950.00
  • Gross Scheduled Income: 23400.00
  • Lot Size Area: 7507.0000 Square Feet
  • Net Operating Income: 23400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 1950.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2018
Sold by
Marquez Lorenzo
Bought by
The Living Trust Of Lorenzo
Current Estimated Value
$1,013,547

Purchase Details

Listed on
May 10, 2014
Closed on
Aug 25, 2014
Sold by
Jang Lai Y and The Bock G Jang Exemption Trus
Bought by
Marquez Lorenzo
Seller's Agent
Diana Wong
IRN Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$498,000
Sold Price
$450,000
Premium/Discount to List
-$48,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jan 20, 1995
Sold by
Jang Lai Y and Bock G & Lai Y Jang Revocable
Bought by
Jang Lai Y
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
The Living Trust Of Lorenzo -- None Available
Marquez Lorenzo $450,000 Title365 Company
Jang Lai Y -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2014 08/27/14 Sold $450,000 -9.6% $162 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $498,000 -- $179 / 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 $6,909 $540,820 $324,492 $216,328
2024 $6,909 $530,217 $318,130 $212,087
2023 $6,783 $519,822 $311,893 $207,929
2022 $6,480 $509,630 $305,778 $203,852
2021 $6,391 $499,638 $299,783 $199,855
2020 $6,450 $494,516 $296,710 $197,806
2019 $6,208 $484,821 $290,893 $193,928
2018 $6,055 $475,316 $285,190 $190,126
2016 $5,770 $456,862 $274,117 $182,745
2015 $5,689 $450,000 $270,000 $180,000
2014 $1,325 $80,151 $30,576 $49,575
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Diana Wong

    IRN Realty

    (626) 675-9592

    2 Total Sales

    Diana Wong
    Section Image

  • G

    Buyer's Agent in 2014

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14097013

California Regional Multiple Listing Service (CRMLS)

APN: 5451-007-005

California Los Angeles County Los Angeles 90031 Highland Park

126 E Avenue 41, Los Angeles, CA

Not Listed for Sale

MultiFamily

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