NOT LISTED FOR SALE

Estimated Value: $779,000 - $1,009,000

8 Beds
5 Baths
2,791 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $620,000 $222 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,456/month

17 Days on Market

About This Home

As of August 2019

!!!!!!Excellent Fantastic Opportunity to Own these 4 units Separate Building Investment Bread & Butter in the Heart of Los Angeles
Can be perfect for FHA owner occupant or Simply to add to your Portfolio with a combined of 2791 of Living Space sqft , and on a large 6928+ sqft lot.
Each Tenant Pays for their Electrical and gas ,Separate Gas and Electrical Meters for all 4 units also there's is a Storage Room Underneath the 4th unit Approx Sized 13 x 13 of Storage + 2 Parking Spaces and Street parking is also available. Few minutes to South Park Recreation Center. Conveniently located near freeways, schools, and churches. Near Downtown Los Angeles and many nearby public transportation options. Tenants are not aware of sale. Please do not disturb tenants. Offers subject to interior inspection.

H.U.R.R.Y W.O..N.T L.A.S.T

Last Agent to Sell the Property

Memo Gamboa

Century 21 Allstars License #01223544 Listed on: 11/28/2018

Century 21 Allstars

Last Buyer's Agent

Sharona Sarafian

Real Estate eBroker Inc. License #01949142

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,929 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 2,791 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 5109004040

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5109004040
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 222.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6929.00
  • Lot Size Acres: 0.1591

Multi Family

  • Gross Scheduled Income: 55056.00
  • Lot Size Area: 6929.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 4588.00

Tax Info

  • Tax Census Tract: 2293.00
  • Tax Lot: 11
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Jsp Family Trust
Bought by
E13551 Llc
Current Estimated Value
$907,411

Purchase Details

Listed on
Nov 28, 2018
Closed on
Jul 25, 2019
Sold by
Pirian Soraya
Bought by
Pirian Jacob
Seller's Agent
Memo Gamboa
Century 21 Allstars
Buyer's Agent
Sharona Sarafian
Real Estate eBroker Inc.
List Price
$629,900
Sold Price
$620,000
Premium/Discount to List
-$9,900
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$465,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2018
Closed on
Jul 11, 2019
Sold by
Zepeda Teresa and Zepeda Jose E
Bought by
Pirian Jacob
Seller's Agent
Memo Gamboa
Century 21 Allstars
Buyer's Agent
Sharona Sarafian
Real Estate eBroker Inc.
List Price
$629,900
Sold Price
$620,000
Premium/Discount to List
-$9,900
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2018
Sold by
Zepeda Jose E and Zepeda Teresa
Bought by
Zepeda Teresa and Zepeda Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2018
Sold by
Mountview Properties Lp
Bought by
Zepeda Jose Evaristo and Zepeda Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Dreamworks Realty Llc
Bought by
Mountview Properties Lp

Purchase Details

Closed on
Aug 3, 2005
Sold by
Zepeda Jose and Zepeda Teresa
Bought by
Dreamworks Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2003
Sold by
Zepeda Jose and Zepeda Teresa
Bought by
Dreamworks Realty Llc

Purchase Details

Closed on
Apr 15, 2002
Sold by
Munoz Javier
Bought by
Zepeda Jose and Zepeda Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
6.7%

Purchase Details

Closed on
Oct 19, 1998
Sold by
Munoz Yamilee
Bought by
Munoz Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.79%

Purchase Details

Closed on
Sep 29, 1998
Sold by
Wilshire Funding Corp
Bought by
Munoz Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.79%

Purchase Details

Closed on
May 29, 1998
Sold by
Viscaino Santos and Viscaino Barbara
Bought by
Wilshire Funding Corp

Purchase Details

Closed on
Jul 8, 1997
Sold by
Pacific Thrift & Loan Company
Bought by
Gonzalez Rubio
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
E13551 Llc -- --
Jsp Family Trust -- --
Pirian Jacob -- Old Republic Title Company
Pirian Jacob $620,000 Old Republic Title Company
Zepeda Teresa -- Old Republic Title Company
Zepeda Jose Evaristo -- None Available
Mountview Properties Lp -- None Available
Dreamworks Realty Llc -- --
Zepeda Jose -- --
Zepeda Teresa -- Security Union Title
Zepeda Jose -- --
Dreamworks Realty Llc -- --
Zepeda Jose $302,000 American Title Co
Munoz Javier -- Fidelity Title
Munoz Javier $165,000 Fidelity Title
Wilshire Funding Corp $154,375 Benefit Land Title Ins Co
Gonzalez Rubio $160,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pirian Jacob $465,000
Previous Owner Zepeda Teresa $432,000
Previous Owner Zepeda Teresa $343,200
Previous Owner Zepeda Jose $241,600
Previous Owner Munoz Javier $156,000
Closed Zepeda Jose $30,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $620,000 -1.6% $222 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $629,900 -- $226 / 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 $8,534 $678,056 $437,456 $240,600
2024 $8,534 $664,762 $428,879 $235,883
2023 $8,292 $651,728 $420,470 $231,258
2022 $7,917 $638,950 $412,226 $226,724
2021 $7,810 $626,423 $404,144 $222,279
2020 $8,238 $620,000 $400,000 $220,000
2019 $5,486 $392,084 $135,020 $257,064
2018 $5,346 $384,397 $132,373 $252,024
2016 $5,060 $369,473 $127,234 $242,239
2015 $4,995 $363,924 $125,323 $238,601
2014 $5,036 $356,797 $122,869 $233,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18281132

California Regional Multiple Listing Service (CRMLS)

APN: 5109-004-040