NOT LISTED FOR SALE

1414 W 30th St Los Angeles, CA 90007

Adams-Normandie Neighborhood

Estimated Value: $1,279,731 - $2,167,000

5 Beds
3 Baths
3,954 Sq Ft
$397/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $1,200,000 $303 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,830/month

18 Days on Market

About This Home

As of April 2022

We are pleased to offer for sale this four (4) unit value-add multifamily investment opportunity located at 1414 W. 30th Street, walking distance to the University of Southern California (USC). The investment consists of two (2) separate structures, constructed of wood frame and stucco on a raised foundation built in 1922, with a square footage of 3,954 on a 6,075-square foot lot. The property is comprised of a remarkable unit mix, consisting of one (1) Single, one (1) 1+1 unit, one (1) 2+1 unit, and one (1) spacious 2+1 Single family residence. The subject property is 100% occupied, and all tenants are current with rental payments. The subject property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and entertainment options. Current gross income is $5,360/ Month with approximately 40% upside in potential rents.

Last Agent to Sell the Property

Davis Saadian

Keller Williams Hollywood Hills License #01921748 Listed on: 04/04/2022

Keller Williams Hollywood Hills

Last Buyer's Agent

Davis Saadian

Keller Williams Hollywood Hills License #01921748 Listed on: 04/04/2022

Keller Williams Hollywood Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,575

Year Built

  • Built in 1922

Lot Details

  • 6,075

Home Design

  • 3,954 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Oven or Range
  • 6,075 Sq Ft Lot

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5040-024-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,575

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3954
  • Lot Acreage: 0.1395
  • Year Built: 1922
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 303.24

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 50.41
  • Assessed Improvement Value: 338647
  • Assessed Land Percent: 49.59
  • Assessed Land Value: 333095
  • Total Assessed Value: 671742
  • Assessor Parcel Number: 5040-024-019
  • Lot Size Area: 6075

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.37
  • Number Of Units: 4
  • Total Annual Expense: 24810
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2014
Closed on
Apr 1, 2015
Sold by
Flores Gonzalo and Flores Petra
Bought by
Dianthus Investments Llc
Seller's Agent
Sagiv Rosano
Rosano Partners
Buyer's Agent
Sagiv Rosano
Rosano Partners
List Price
$675,000
Sold Price
$605,000
Premium/Discount to List
-$70,000
-10.37%
Current Estimated Value
$1,568,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963,933
Avg. Annual Appreciation
9.64%
Original Mortgage
$423,500
Outstanding Balance
$322,902
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$1,246,031

Purchase Details

Closed on
Sep 23, 2013
Sold by
Flores Gonzalo
Bought by
Flores Gonzalo and Flores Petra

Purchase Details

Closed on
Nov 12, 2004
Sold by
Flores Elvira
Bought by
Flores Gonzalo
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
Dianthus Investments Llc $605,000 Lawyers Title
Flores Gonzalo -- None Available
Flores Gonzalo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dianthus Investments Llc $423,500
Previous Owner Flores Gonzalo $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $1,200,000 +0.1% $303 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $1,199,000 +98.2% $303 / Sq Ft
04/29/2015 04/29/15 Sold $605,000 -10.4% $357 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $675,000 -- $399 / 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
2025 $15,575 $1,273,449 $955,087 $318,362
2024 $15,575 $1,248,480 $936,360 $312,120
2023 $15,281 $1,224,000 $918,000 $306,000
2022 $8,583 $685,175 $339,756 $345,419
2021 $8,458 $671,742 $333,095 $338,647
2019 $8,214 $651,819 $323,216 $328,603
2018 $8,087 $639,039 $316,879 $322,160
2016 $7,705 $614,226 $304,575 $309,651
2015 $3,773 $284,258 $112,075 $172,183
2014 $3,806 $278,691 $109,880 $168,811
Source: Public Records

Agents Affiliated with this Home

  • Davis Saadian

    Seller's Agent in 2022

    Davis Saadian

    Keller Williams Hollywood Hills

    (310) 402-8958

    17 in this area

    79 Total Sales

    Davis Saadian
    Section Image
  • Sagiv Rosano

    Seller's Agent in 2015

    Sagiv Rosano

    Rosano Partners

    (213) 802-0262

    8 Total Sales

    Sagiv Rosano
    Section Image
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Map

Source: The MLS

MLS Number: 22-143031

The MLS

APN: 5040-024-019

California Los Angeles County Los Angeles 90007 Adams-Normandie

1414 W 30th St, Los Angeles, CA

This home is located at 1414 W 30th St, Los Angeles, CA 90007 since 04 April 2022 and is currently estimated at $1,568,933, approximately $396 per square foot. This property was built in 1922. 1414 W 30th St is a home located in Los Angeles County with nearby schools including John W. Mack Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

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