NOT LISTED FOR SALE

1371 Exposition Blvd Los Angeles, CA 90018

Exposition Park Neighborhood

Estimated Value: $679,000 - $1,092,479

5 Beds
4 Baths
1,524 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $495,000 $325 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,508/month

127 Days on Market

About This Home

As of May 2016

HUGE price reduction! Investment Opportunity! 2 separate homes on 1 lot beautifully remodeled and updated ready for move-in today! Located by The University of Southern California with over 41,000 students, the opportunities are endless by renting both units, living in one and renting the other, or making both a property to call home. One unit is 3 bedrooms with 2 bathrooms and the other is 2 bedrooms with 2 bathrooms. Both units have been tastefully completed with gorgeous flooring and designer touches along with updated copper plumbing, electrical, dual pane windows, roof, parking gates, and more. There is a separation between each home with their own utility meters, laundry hookups, parking, and yard areas. Not only is this property within close proximity to USC but also the Expo Line, 10 & 110 freeways, Downtown Los Angeles, shopping, restaurants, and so much more. Don't miss out on this owner/investor opportunity.

Last Agent to Sell the Property

Chris Reisbeck

The Agency License #01475481 Listed on: 12/15/2015

The Agency

Co-Listed By

Jeffrey Reisbeck

The Agency License #01367164

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,226

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 4,488 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Wood Flooring
  • Two Homes on a Lot

Listing and Financial Details

  • Assessor Parcel Number 5041030032

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,226

Year Built

Built in 1910 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAR4
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5041030032
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Wood
  • Levels: One

Exterior Features

  • Other Structures: Two On A Lot

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4488.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lot Size Area: 4488.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Apr 13, 2016
Sold by
Feinstein Rouhel
Bought by
Quon Brandon and Huang Jeffrey
Seller's Agent
Chris Reisbeck
The Agency
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Current Estimated Value
$900,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,370
Avg. Annual Appreciation
6.64%
Original Mortgage
$396,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2008
Sold by
Feinstein Marilyn
Bought by
Feinstein Rouhel

Purchase Details

Closed on
Aug 22, 2008
Sold by
Martinez Louis R and Martinez Rachel T
Bought by
Feinsten Rouhel
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
Quon Brandon $495,000 Lawyers Title Company
Feinstein Rouhel -- None Available
Feinsten Rouhel $152,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quon Brandon $360,714
Closed Quon Brandon $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $495,000 -0.8% $325 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $499,000 -- $327 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $7,226 $585,973 $355,136 $230,837
2024 $7,226 $574,484 $348,173 $226,311
2023 $7,090 $563,221 $341,347 $221,874
2022 $6,765 $552,178 $334,654 $217,524
2021 $6,674 $541,352 $328,093 $213,259
2020 $6,739 $535,802 $324,729 $211,073
2019 $6,476 $525,297 $318,362 $206,935
2018 $6,384 $514,998 $312,120 $202,878
2016 $5,774 $467,759 $380,736 $87,023
2015 $5,690 $460,733 $375,017 $85,716
2014 $5,720 $451,708 $367,671 $84,037
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris Reisbeck

    The Agency

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jeffrey Reisbeck

    The Agency

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315011855

Pasadena-Foothills Association of REALTORS®

APN: 5041-030-032

California Los Angeles County Los Angeles 90018 Exposition Park

1371 Exposition Blvd, Los Angeles, CA

This home is located at 1371 Exposition Blvd, Los Angeles, CA 90018 since 15 December 2015 and is currently estimated at $900,370, approximately $590 per square foot. This property was built in 1910. 1371 Exposition Blvd is a home located in Los Angeles County with nearby schools including Lenicia B. Weemes Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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