Seller's Agent in 2017
Arthur Alderete
RE/MAX
(888) 594-5333
13 Total Sales
1411 E 23rd St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $846,000 - $1,074,000
5
Beds
3
Baths
3,300
Sq Ft
$296/Sq Ft
Est. Value
Highlights
- No HOA
- 4 Car Garage
- South Facing Home
- Tile Flooring
- Security Fence
- Heating System Uses Natural Gas
About This Home
As of September 2017Excellent Bread & Butter Units, Long Term Tenants & Hardy Cash Flow with Minimal Maintenance. Conveniently located near USC and south of DTLA, All units have been maintained with VERY LOW VACANCY, Potential for Growth and Rent Increases. Rear Garages for Each Unit and Add'l Parking with a Long Driveway on the Side of the Property with a Secured Wrought Iron Gate Surrounding Property.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 5,861 Sq Ft Lot
- No Common Walls
- South Facing Home
- Security Fence
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Single Garage Door
- Shared Driveway
- Assigned Parking
Home Design
- Composition Roof
Interior Spaces
- 3,300 Sq Ft Home
- Tile Flooring
- Range Hood
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- 220 Volts in Garage
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Tax Lot 4
- Tax Tract Number 2270
- Assessor Parcel Number 5119026004
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $900
- Trash Expense $2,400
- Water Sewer Expense $2,580
- New Taxes Expense $6,000
- Operating Expense $11,880
- Net Operating Income $42,672
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2017
Closed on
Jul 18, 2017
Sold by
Bought by
Seller's Agent
Arthur Alderete
RE/MAX One
Buyer's Agent
Masoud Mohammadi
Coldwell Banker Platinum Prop
List Price
$649,888
Sold Price
$680,000
Premium/Discount to List
$30,112
4.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,696
Avg. Annual Appreciation
4.16%
Original Mortgage
$510,000
Interest Rate
0.0392%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2002
Sold by
Bought by
Purchase Details
Closed on
Aug 30, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,100
Interest Rate
0.0852%
Purchase Details
Closed on
Jul 18, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,100
Interest Rate
0.0852%
Purchase Details
Closed on
Oct 18, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
0.0768%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $680,000 | Provident Title Company | ||
| -- | -- | ||
| -- | Southland Title | ||
| $299,000 | Southland Title | ||
| -- | First American Title Co | ||
| $160,000 | First American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $486,000 | ||
| Previous Owner | $510,000 | ||
| Previous Owner | $439,571 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $410,000 | ||
| Previous Owner | $312,000 | ||
| Previous Owner | $269,100 | ||
| Previous Owner | $187,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2017 09/12/17 | Sold | $680,000 | +4.6% | $206 / Sq Ft |
| 07/10/2017 07/10/17 | Pending | -- | -- | -- |
| 06/15/2017 06/15/17 | For Sale | $649,888 | -- | $197 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,700 | $773,718 | $432,371 | $341,347 |
| 2024 | $9,576 | $758,548 | $423,894 | $334,654 |
| 2023 | $9,396 | $743,676 | $415,583 | $328,093 |
| 2022 | $8,968 | $729,095 | $407,435 | $321,660 |
| 2021 | $8,845 | $714,800 | $399,447 | $315,353 |
| 2019 | $8,585 | $693,600 | $387,600 | $306,000 |
| 2018 | $8,447 | $680,000 | $380,000 | $300,000 |
| 2016 | $4,881 | $380,580 | $142,557 | $238,023 |
| 2015 | $4,813 | $374,864 | $140,416 | $234,448 |
| 2014 | $4,854 | $367,522 | $137,666 | $229,856 |
Source: Public Records
Agents Affiliated with this Home
-
Arthur Alderete
-
Masoud Mohammadi
Buyer's Agent in 2017
Masoud Mohammadi
Coldwell Banker Platinum Prop
(949) 552-0505
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17137676
APN: 5119-026-004
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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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