NOT LISTED FOR SALE

Estimated Value: $1,103,000 - $1,326,000

8 Beds
4 Baths
3,728 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $1,100,000 $295 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,835/month

61 Days on Market

About This Home

As of February 2023

Great Investment opportunity for owner occupant or investor. All units have two Bedrooms and one bath with assigned parking. Subject property is Exempt from City of Los Angeles Rent Stabilization Ordinance.

Last Agent to Sell the Property

Patrick Drouineaud

Do All Realty License #01169133 Listed on: 10/21/2022

Last Buyer's Agent

Rahul Bhagat

eXp Realty of California Inc License #01717339

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,626

Year Built

  • Built in 1955

Lot Details

  • 7,874 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 3 Car Garage

Home Design

  • 3,728 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 124
  • Assessor Parcel Number 7411005027

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $735
  • Insurance Expense $2,330
  • Maintenance Expense $4,720
  • Professional Management Expense $5,126
  • Water Sewer Expense $797
  • Operating Expense $13,708
  • Gross Income $75,408
  • Net Operating Income $56,200

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,626

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 272500
  • Professional Management Expense: 5126.00
  • Property Attached: Yes
  • Water Sewer Expenses: 797.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7411005027
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 295.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7874.00
  • Lot Size Acres: 0.1808

Rental Info

  • Garage Rental Rate: 150.00

Multi Family

  • Electric Expense: 735.00
  • Garage Income: 450.00
  • Gross Income: 75408.00
  • Gross Scheduled Income: 75408.00
  • Insurance Expense: 2330.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7874.0000 Square Feet
  • Maintenance Expense: 4720.00
  • Net Operating Income: 56200.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 13708.00
  • Rent Control: No
  • Total Expenses: 13708.00

Tax Info

  • Tax Census Tract: 2933.07
  • Tax Lot: 12
  • Tax Tract Number: 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 21, 2022
Sold by
Krikor Kalenian Family Trust
Bought by
Srivatsavaya Satish Varma Sai and Srivatsavaya Radhika
Seller's Agent
Patrick Drouineaud
Do All Realty
Buyer's Agent
Rahul Bhagat
eXp Realty of California Inc
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Views
26
Current Estimated Value
$1,216,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,455
Avg. Annual Appreciation
3.23%
Original Mortgage
$825,000
Outstanding Balance
$798,833
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$395,598

Purchase Details

Closed on
Apr 14, 2022
Sold by
Krikor Kalenian
Bought by
Krikor Kalenian Family Trust

Purchase Details

Closed on
Dec 14, 2021
Sold by
Kalenian and Georgette
Bought by
Kalenian Krikor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2012
Sold by
1345 Anaheim Llc
Bought by
Kalenian Krikor and Kalenian Georgette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2011
Sold by
H & S Holdings Company Llc
Bought by
1345 Anaheim Llc

Purchase Details

Closed on
Nov 20, 2010
Sold by
Arroyo Wealth Management Inc
Bought by
H & S Holdings Company Llc

Purchase Details

Closed on
Jun 4, 2010
Sold by
Nava Jorge M
Bought by
Arroyo Wealth Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2006
Sold by
Lazo Genemar and Livelo Joseph Lazo
Bought by
Nava Jorge M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Scott Lamecha Denise
Bought by
Lazo Genemar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 19, 2003
Sold by
Whitney Robert E and Whitney Dawn J
Bought by
Scott Lamecha Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.71%
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
Srivatsavaya Satish Varma Sai $1,100,000 Old Republic Title
Krikor Kalenian Family Trust -- None Listed On Document
Kalenian Krikor -- New Title Company Name
Kalenian Krikor $545,005 Ort
1345 Anaheim Llc $360,503 Stewart Title Of California
H & S Holdings Company Llc -- None Available
Arroyo Wealth Management Inc -- Investors Title
Nava Jorge M $765,000 Fatcola
Lazo Genemar $639,000 First American Title Company
Scott Lamecha Denise $480,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srivatsavaya Satish Varma Sai $825,000
Previous Owner Kalenian Krikor $625,000
Previous Owner Kalenian Krikor $381,500
Previous Owner H & S Holdings Company $20,000
Previous Owner Arroyo Wealth Management Inc $227,500
Previous Owner Arroyo Wealth Management Inc $105,585
Previous Owner Nava Jorge M $612,000
Previous Owner Lazo Genemar $42,800
Previous Owner Lazo Genemar $511,200
Previous Owner Scott Lamecha Denise $384,000
Previous Owner Whitney Robert E $28,200
Closed Scott Lamecha Denise $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $1,100,000 +0.9% $295 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $1,090,000 -5.2% $292 / Sq Ft
10/21/2022 10/21/22 For Sale $1,150,000 -- $308 / 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 $14,626 $1,144,440 $957,168 $187,272
2024 $14,626 $1,122,000 $938,400 $183,600
2023 $8,892 $645,057 $390,586 $254,471
2022 $8,508 $632,410 $382,928 $249,482
2021 $8,386 $620,011 $375,420 $244,591
2019 $8,150 $602,424 $364,286 $238,138
2018 $7,977 $590,629 $357,144 $233,485
2016 $7,600 $566,927 $343,277 $223,650
2015 $7,488 $558,412 $338,121 $220,291
2014 $7,523 $547,474 $331,498 $215,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22227531

California Regional Multiple Listing Service (CRMLS)

APN: 7411-005-027