NOT LISTED FOR SALE

Estimated Value: $565,662 - $726,000

3 Beds
3 Baths
1,563 Sq Ft
$406/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $390,000 $250 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,833/month

5 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Carpet
  • Gated Parking
  • Paved or Partially Paved Lot
  • Wall Furnace

About This Home

As of May 2018

Here's the investment/bread and butter you have been looking for! This 3-unit complex is perfect for all buyers that are looking for that great investment property. All 3-units show in good condition in & out and located in a great location of LA 90037. Close to transportation / Schools / Shopping Centers / Freeway Access and just mins away from Downtown LA.

Last Agent to Sell the Property

Jose Arana

CENTURY 21 REALTY MASTERS License #01318305 Listed on: 04/25/2018

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Jag Singh

Keller Williams Sierra Madre License #01886951

Keller Williams Sierra Madre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,575

Year Built

  • Built in 1920

Lot Details

  • 4,401 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Back and Front Yard

Home Design

  • 1,563 Sq Ft Home
  • Triplex
  • Shingle Roof
  • Composition Roof

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Driveway
  • Gated Parking
  • Paved Parking

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 583
  • Assessor Parcel Number 5101026014

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $550
  • Water Sewer Expense $1,260
  • New Taxes Expense $3,583
  • Operating Expense $5,393
  • Gross Income $17,523
  • Net Operating Income $17,523

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,575

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1260.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5101026014
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Vinyl
  • Levels: One
  • Price Per Square Foot: 249.52
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Gated

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • 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: Back Yard, Front Yard, Paved
  • Lot Size Sq Ft: 4401.00

Multi Family

  • Gross Income: 17522.50
  • Gross Scheduled Income: 22915.00
  • Insurance Expense: 550.00
  • Net Operating Income: 17522.56
  • 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: 5392.70
  • Rent Control: Yes
  • Total Actual Rent: 1909.61
  • Total Expenses: 5392.70

Tax Info

  • New Taxes Expense: 3582.70
  • Tax Lot: 7
  • Tax Tract Number: 583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 10, 2018
Sold by
Fdz Homes Inc
Bought by
Pi Properties Llc
Seller's Agent
Jose Arana
CENTURY 21 REALTY MASTERS
Buyer's Agent
Jag Singh
Keller Williams Sierra Madre
List Price
$429,000
Sold Price
$390,000
Premium/Discount to List
-$39,000
-9.09%
Total Days on Market
5
Current Estimated Value
$634,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,666
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
Apr 25, 2018
Closed on
Apr 30, 2018
Sold by
Fernandez Salvador E
Bought by
Fdz Homes Inc
Seller's Agent
Jose Arana
CENTURY 21 REALTY MASTERS
Buyer's Agent
Jag Singh
Keller Williams Sierra Madre
List Price
$429,000
Sold Price
$390,000
Premium/Discount to List
-$39,000
-9.09%

Purchase Details

Closed on
Oct 25, 2017
Sold by
Fdz Homes Inc
Bought by
Fernandez Salvador E

Purchase Details

Listed on
Oct 31, 2014
Closed on
May 28, 2015
Sold by
Suarez Felipe V and Suarez Maria
Bought by
Fdz Homes Inc
Seller's Agent
Coronado Henriquez
Keller Williams SELA
Buyer's Agent
David Gomez Ortiz
David E Gomez
List Price
$345,000
Sold Price
$270,000
Premium/Discount to List
-$75,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$270,000
Interest Rate
3.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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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
Pi Properties Llc $390,000 Stewart Title
Fdz Homes Inc -- Stewart Title
Fernandez Salvador E -- None Available
Fdz Homes Inc $270,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fdz Homes Inc $270,000
Previous Owner Fdz Homes Inc $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $390,000 -9.1% $250 / Sq Ft
04/25/2018 04/25/18 For Sale $429,000 +58.9% $274 / Sq Ft
06/19/2015 06/19/15 Sold $270,000 -21.7% $173 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $345,000 -- $221 / 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 $5,575 $435,048 $304,535 $130,513
2023 $5,471 $426,518 $298,564 $127,954
2022 $5,223 $418,156 $292,710 $125,446
2021 $5,156 $409,958 $286,971 $122,987
2020 $5,204 $406,095 $284,029 $122,066
2019 $5,006 $398,140 $278,460 $119,680
2018 $3,662 $285,528 $95,062 $190,466
2016 $3,491 $274,117 $91,372 $182,745
2015 $1,036 $75,129 $26,242 $48,887
2014 -- $73,658 $25,728 $47,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18095658

California Regional Multiple Listing Service (CRMLS)

APN: 5101-026-014