NOT LISTED FOR SALE

1402 N Alexandria Ave Los Angeles, CA 90027

East Hollywood Neighborhood

Estimated Value: $1,438,000 - $2,157,000

3 Beds
3 Baths
1,761 Sq Ft
$1,070/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $1,800,000 $1,022 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,123/month

6 Days on Market

Highlights

  • New Construction
  • STEM Academy at Bernstein High Rated A-
  • Laundry Room

About This Home

As of August 2022

INVESTORS / Developers / Builders: RTI, NO SB-8, Opportunity Zone, No Covenant Restrictions, Tier 3 and located in zip 90027. This 28 bedroom 28 bathroom (24 master bedrooms) checks many boxes from the builder/investor standpoint and as an owner/operational use. Located 4 homes from Sunset Blvd and located within walking distance of many potential Master policy suitors. Kaiser Village, Ronald McDonald House, Children's Hospital, Scientology, Netflix and others. Take advantage of this rare opportunity and start generating income in 2023.

Last Agent to Sell the Property

Giovanni Morales

COMPASS License #01902070 Listed on: 05/06/2022

COMPASS

Last Buyer's Agent

Giovanni Morales

COMPASS License #01902070 Listed on: 05/06/2022

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,313

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,875 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2-Story Property
  • Laundry Room

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 5543022007
  • $406 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,313

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Price Per Unit: 650000
  • Property Attached: Yes
  • Zoning: LARD2
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 5543022007
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Three Or More

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6875.00
  • Lot Size Acres: 0.1578

Multi Family

  • Lot Size Area: 6875.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1912.01
  • Tax Lot: 31
  • TaxOtherAnnualAssessmentAmount: 406.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Aug 10, 2022
Sold by
1402 Alexandria Ave Llc
Bought by
Limon Family Trust
Seller's Agent
Giovanni Morales
COMPASS
Buyer's Agent
Giovanni Morales
COMPASS
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Current Estimated Value
$1,883,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,792
Avg. Annual Appreciation
-1.33%
Original Mortgage
$2,860,000
Outstanding Balance
$2,742,272
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,012,921

Purchase Details

Closed on
Nov 15, 2021
Sold by
Crehan Victoria I
Bought by
1402 Alexandria Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 11, 2019
Closed on
Jan 23, 2020
Sold by
Padama Henry N
Bought by
Crehan Victoria I
Seller's Agent
Ressy Zablan
Admiral Realty Corporation
Buyer's Agent
Ressy Zablan
Admiral Realty Corporation
List Price
$845,000
Sold Price
$850,000
Premium/Discount to List
$5,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Original Mortgage
$150,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2005
Sold by
Padama Henry N and Molina Angelina P
Bought by
Padama Henry N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Padama Henry N
Bought by
Padama Henry N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Molina Angelina P and Padama Henry N
Bought by
Padama Henry N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 1995
Sold by
East End Properties Inc
Bought by
Molina Angelina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,037
Interest Rate
9.23%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1994
Sold by
Delmundo Dr Librada V
Bought by
East End Properties Inc
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
Limon Family Trust $1,800,000 Pacific Coast Title
1402 Alexandria Llc $80,000 Pacific Coast Title Company
Crehan Victoria I $850,000 Wfg National Title Company
Crehan Victoria I -- None Available
Padama Henry N -- United Title Company-La
Padama Henry N -- --
Padama Henry N -- United Title Company
Molina Angelina P $155,000 Stewart Title
East End Properties Inc $115,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Limon Family Trust $2,860,000
Previous Owner 1402 Alexandria Llc $750,000
Previous Owner Crehan Victoria I $150,000
Previous Owner Crehan Victoria I $115,000
Previous Owner Crehan Victoria I $650,000
Previous Owner Padama Henry N $520,000
Previous Owner Padama Henry N $65,000
Previous Owner Padama Henry N $476,250
Previous Owner Padama Henry N $40,000
Previous Owner Padama Henry N $287,000
Previous Owner Padama Henry $210,000
Previous Owner Molina Angelina P $133,000
Previous Owner Molina Angelina P $19,000
Previous Owner Molina Angelina P $138,037
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $1,800,000 -7.7% $1,022 / Sq Ft
07/22/2022 07/22/22 Price Changed $1,950,000 0.0% $1,107 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $1,950,000 +129.4% $1,107 / Sq Ft
02/07/2020 02/07/20 Sold $850,000 +4.9% $458 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
12/12/2019 12/12/19 Price Changed $810,000 -4.1% $437 / Sq Ft
12/07/2019 12/07/19 For Sale $845,000 0.0% $456 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $845,000 -- $456 / 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 $22,313 $1,872,720 $1,872,720 --
2024 $22,313 $1,836,000 $1,836,000 --
2023 $23,676 $1,800,000 $1,800,000 $0
2022 $9,744 $800,000 $640,000 $160,000
2021 $10,499 $858,805 $636,526 $222,279
2020 $3,260 $238,035 $236,513 $1,522
2019 $3,143 $233,369 $231,876 $1,493
2018 $2,992 $228,794 $227,330 $1,464
2016 $2,795 $219,911 $218,503 $1,408
2015 $2,755 $216,608 $215,221 $1,387
2014 $2,778 $212,366 $211,006 $1,360
Source: Public Records

Agents Affiliated with this Home

  • Giovanni Morales

    Seller's Agent in 2022

    Giovanni Morales

    COMPASS

    (213) 245-0468

    1 in this area

    22 Total Sales

    Giovanni Morales
    Section Image
  • Ressy Zablan

    Seller's Agent in 2020

    Ressy Zablan

    Admiral Realty Corporation

    (714) 883-4308

    13 Total Sales

    Ressy Zablan
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Araceli Gamboa

    Century 21 Diamond

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22095047

California Regional Multiple Listing Service (CRMLS)

APN: 5543-022-007

California Los Angeles County Los Angeles 90027 East Hollywood

1402 N Alexandria Ave, Los Angeles, CA

This home is located at 1402 N Alexandria Ave, Los Angeles, CA 90027 since 06 May 2022 and is currently estimated at $1,883,792, approximately $1,069 per square foot. This property was built in 2022. 1402 N Alexandria Ave is a home located in Los Angeles County with nearby schools including Ramona Elementary School, Joseph Le Conte Middle School, and Helen Bernstein High School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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