NOT LISTED FOR SALE

Estimated Value: $1,010,000 - $1,301,996

5 Beds
6 Baths
2,604 Sq Ft
$445/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,115,307 $428 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,225/month

22 Days on Market

Highlights

  • Main Floor Bedroom
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Eat-In Kitchen
  • Living Room

About This Home

As of October 2021

Great investment opportunity to buy in the City of Los Angeles! 4 units. Situated on a large 7,813 Sq Ft lot. Attractive Apartment A-3 bedrooms & 1 bath (1st Floor) Apartment B-2 bedrooms & 1 bath, Apartment C & D consist of single units with 1 bathroom (2nd floor). All units are individually metered with gas & electricity. This property also has ample onsite parking with 6 private garages. Fantastic proximity few blocks to USC, restaurants, and shops.

Last Agent to Sell the Property

Eric Delgado

Luxury Collective License #01831579 Listed on: 09/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,531

Year Built

  • Built in 1948

Lot Details

  • 7,800 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,604 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 25 / C
  • Tax Tract Number 2
  • Assessor Parcel Number 5037001008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,531

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 5037001008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2604.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 428.31
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1791

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7800.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Block: C
  • Tax Census Tract: 2312.10
  • Tax Lot: 25
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Oct 14, 2021
Sold by
Rodriguez Maria Elvira
Bought by
Deep Blue Qualified Opportunit
Seller's Agent
Eric Delgado
Luxury Collective
List Price
$1,199,000
Sold Price
$1,115,308
Premium/Discount to List
-$83,692
-6.98%
Current Estimated Value
$1,159,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,941
Avg. Annual Appreciation
1.03%

Purchase Details

Closed on
Jun 5, 2006
Sold by
Ortiz Ysidro
Bought by
Rodriguez Maria Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 3, 2003
Sold by
Ortiz Ysidro and Rodriguez Maria Elvira
Bought by
Ortiz Ysidro and Rodriguez Maria Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 1998
Sold by
Purcell John J
Bought by
Ortiz Ysidro and Rodriguez Maria Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,479
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1997
Sold by
Moultrie Lillian B and Turner Josephine L
Bought by
Evans Sterling and Evans Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 7, 1997
Sold by
Evans Sterling C and Evans Pamela R
Bought by
Purcell John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.31%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Deep Blue Qualified Opportunit $1,115,500 Lawyers Title
Rodriguez Maria Elvira -- First American Title Co La
Ortiz Ysidro -- Chicago Title Co
Ortiz Ysidro $195,000 Orange Coast Title
Evans Sterling -- Chicago Title
Purcell John J $50,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Maria Elvira $24,875
Previous Owner Rodriguez Maria Elvira $520,000
Previous Owner Ortiz Isidro $345,000
Previous Owner Ortiz Ysidro $280,000
Previous Owner Ortiz Ysidro $189,479
Previous Owner Purcell John J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $1,115,308 -7.0% $428 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $1,199,000 -- $460 / 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 $10,531 $848,965 $764,069 $84,896
2024 $10,531 $832,320 $749,088 $83,232
2023 $14,194 $1,137,613 $967,273 $170,340
2022 $13,546 $1,115,307 $948,307 $167,000
2021 $4,317 $322,745 $241,783 $80,962
2019 $4,199 $313,173 $234,612 $78,561
2018 $4,068 $307,033 $230,012 $77,021
2016 $3,874 $295,112 $221,081 $74,031
2015 $3,822 $290,680 $217,761 $72,919
2014 $3,863 $284,987 $213,496 $71,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21215958

California Regional Multiple Listing Service (CRMLS)

APN: 5037-001-008