NOT LISTED FOR SALE

Estimated Value: $917,000 - $1,130,000

6 Beds
3 Baths
1,950 Sq Ft
$508/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $575,000 $295 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,276/month

63 Days on Market

Highlights

  • Attic Fan
  • 3 Car Garage
  • 1-Story Property
  • Ceiling Fan

About This Home

As of June 2016

Location, Location, Location. Property is adjacent to Whittier College on Penn Street (north of Mar Vista and east of Painter Avenue). Each unitalso has enclosed parking and on-site laundry room. Strong demand in area with limited vacancy.

Last Agent to Sell the Property

Mario Padilla

Mario Padilla License #01425093 Listed on: 03/02/2016

Last Buyer's Agent

Mario Padilla

Mario Padilla License #01425093 Listed on: 03/02/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,629

Year Built

  • Built in 1951

Lot Details

  • 6,059 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Attic Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 8138-010-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,629

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1950
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Attic Fan
  • Price Per S Q F T: 327.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Cooling: Ceiling Fan

Lot Info

  • Assessed Improvement Value: 191284
  • Assessed Land Value: 211279
  • Assessor Parcel Number: 8138-010-001
  • Geocode Override: No
  • Lot Size Area: 6059

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.20
  • Number Of Units: 3
  • Rent Control: 0
  • Total Annual Expense: 6812
  • Type Of Units: Residential
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
Cortes Vincent
Bought by
Cortes Vincent and Cortes Michele
Total Days on Market
63
Current Estimated Value
$989,988

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 23, 2016
Sold by
Pensco Trust
Bought by
Cortes Vincent and Cortes Michele
Seller's Agent
Mario Padilla
Mario Padilla
Buyer's Agent
Mario Padilla
Mario Padilla
List Price
$639,000
Sold Price
$575,000
Premium/Discount to List
-$64,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$431,250
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 5, 2016
Sold by
Macias David
Bought by
Pensco Trust
Seller's Agent
Mario Padilla
Mario Padilla
Buyer's Agent
Mario Padilla
Mario Padilla
List Price
$639,000
Sold Price
$575,000
Premium/Discount to List
-$64,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2014
Sold by
Macias David
Bought by
Pensco Trust and Maria Padilla Ira

Purchase Details

Closed on
Sep 7, 2011
Sold by
Macias David
Bought by
Macias David and Macias Liliac C Belman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,825
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2010
Sold by
Federal National Mortgage Association
Bought by
Macias David and Duran Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
4.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2009
Sold by
Medina Antonio
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 26, 2005
Sold by
Medina Maria
Bought by
Medina Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2004
Sold by
Medina Maria
Bought by
Medina Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2004
Sold by
Barnard Ron
Bought by
Medina Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Cortes Vincent -- None Available
Cortes Vincent -- None Available
Cortes Vincent $575,000 None Available
Pensco Trust -- None Available
Pensco Trust $25,000 Provident Title Company
Macias David -- Investors Title Company
Macias David $305,000 First American Title Company
Duran Ruben -- First American Title Company
Macias David -- First American Title Company
Federal National Mortgage Association $485,970 Landsafe Title
Medina Antonio -- Gateway Title Company
Medina Antonio -- --
Medina Antonio $495,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Vincent $450,000
Closed Cortes Vincent $431,250
Previous Owner Macias David $100,000
Previous Owner Macias David $270,825
Previous Owner Macias David $228,750
Previous Owner Macias David $38,125
Previous Owner Medina Antonio $560,000
Previous Owner Medina Antonio $70,000
Previous Owner Medina Antonio $50,000
Previous Owner Medina Antonio $576,000
Previous Owner Medina Antonio $396,000
Closed Medina Antonio $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $575,000 0.0% $295 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/31/2016 03/31/16 Off Market $575,000 -- --
03/02/2016 03/02/16 For Sale $639,000 -- $328 / Sq Ft
Source: The MLS

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 $8,629 $667,329 $490,924 $176,405
2023 $8,396 $654,246 $481,299 $172,947
2022 $8,214 $641,418 $471,862 $169,556
2021 $8,054 $628,842 $462,610 $166,232
2020 $8,030 $622,395 $457,867 $164,528
2019 $7,998 $610,192 $448,890 $161,302
2018 $7,933 $598,229 $440,089 $158,140
2016 $5,599 $408,702 $214,501 $194,201
2015 $5,461 $402,563 $211,279 $191,284
2014 $4,470 $318,761 $167,219 $151,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-102212

The MLS

APN: 8138-010-001