NOT LISTED FOR SALE

1316 Exposition Blvd Los Angeles, CA 90018

Exposition Park Neighborhood

Estimated Value: $687,000 - $868,000

5 Beds
2 Baths
1,800 Sq Ft
$433/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $495,000 $275 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,696/month

81 Days on Market

About This Home

As of September 2016

Two houses in a lot located right at the heart of USC, Natural History Museum of LA County, LA Memorial Coliseum, Exposition Park, and many more. Craftsman style both homes with an access parking through back alley. Front house has 3 bedroom, one bath, ceramic tile floor at living room, carpet in bedrooms, and newer kitchen cabinets with granite counters. Back house has 2 bedrooms, 2 baths, one of them master bedroom with a master bath, ceramic tile, carpet in bedrooms, newer kitchen cabinets, granite counter, and laundry area. Owner just installed exterior siders on both units with a fresh paint. Each unit has their own electrical meter and own gas meter.

Last Agent to Sell the Property

Maribel Munoz

Re/Max Tri City License #01500210 Listed on: 06/12/2016

Re/Max Tri City

Last Buyer's Agent

Jenero Jefferson

Nationwide Real Estate Execs License #02003969

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 4,693 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,800 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 5036
  • Tax Tract Number 1
  • Assessor Parcel Number 5036001006

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 $680
  • Operating Expense $680
  • Gross Income $3,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

4,693 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5036001006
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 275.00

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • 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: 4693.00
  • Price Per Lot Square Foot: 103.98

Multi Family

  • Gross Income: 3100.00
  • Gross Scheduled Income: 3100.00
  • Insurance Expense: 680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 680.00

Tax Info

  • Tax Lot: 5036
  • Tax Tract Number: 001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2016
Closed on
Aug 8, 2016
Sold by
Garcia Joseph
Bought by
Henry Demetrius Jamon and White Sentel Davon
Seller's Agent
Maribel Munoz
Re/Max Tri City
Buyer's Agent
Jenero Jefferson
Nationwide Real Estate Execs
List Price
$488,000
Sold Price
$495,000
Premium/Discount to List
$7,000
1.43%
Current Estimated Value
$779,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,383
Avg. Annual Appreciation
4.88%
Original Mortgage
$486,034
Outstanding Balance
$391,143
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$388,240

Purchase Details

Closed on
Oct 28, 2008
Sold by
Seacliff Properties Inc
Bought by
Garcia Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,636
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2008
Sold by
Washington Mutual Bank
Bought by
Seacliff 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
$331,900
Interest Rate
5.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 3, 2007
Sold by
Scales Toni
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Aug 28, 2006
Sold by
Watts Strozier Wendell and Watts Strozier Juanita L
Bought by
Scales Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2002
Sold by
Strozier Wendell
Bought by
Bell John and Bell Helen
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
Henry Demetrius Jamon $495,000 Fidelity National Title Co
Garcia Joseph $335,000 Southland Title
Seacliff Properties Inc $230,000 Southland Title
Washington Mutual Bank $113,485 Accommodation
Scales Toni $484,545 United Title Company-La
Bell John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Demetrius Jamon $486,034
Previous Owner Garcia Joseph $330,636
Previous Owner Seacliff Properties Inc $331,900
Previous Owner Scales Toni $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $495,000 +1.4% $275 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
06/12/2016 06/12/16 For Sale $488,000 -- $271 / 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 $7,151 $574,484 $348,173 $226,311
2024 $7,151 $563,221 $341,347 $221,874
2023 $7,017 $552,178 $334,654 $217,524
2022 $6,694 $541,352 $328,093 $213,259
2021 $6,603 $530,738 $321,660 $209,078
2020 $6,666 $525,297 $318,362 $206,935
2019 $6,406 $514,998 $312,120 $202,878
2018 $6,308 $504,900 $306,000 $198,900
2016 $4,585 $364,415 $326,345 $38,070
2015 $4,520 $358,942 $321,443 $37,499
2014 $4,546 $351,912 $315,147 $36,765
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Maribel Munoz

    RE/MAX

    Section Image

  • J

    Buyer's Agent in 2016

    Jenero Jefferson

    Nationwide Real Estate Execs

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16128203

California Regional Multiple Listing Service (CRMLS)

APN: 5036-001-006

California Los Angeles County Los Angeles 90018 Exposition Park

1316 Exposition Blvd, Los Angeles, CA

Not Listed for Sale

MultiFamily

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