NOT LISTED FOR SALE

Estimated Value: $652,000 - $1,957,000

3 Beds
3 Baths
3,316 Sq Ft
$360/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $950,000 $286 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,676/month

62 Days on Market

About This Home

As of June 2017

Edgestone Real Estate is pleased to present this opportunity to purchase a Quadruplex in a great part of Los Angeles. The property has four large one bedroom and one bathroom units. Ample parking. Built in 1949. Zoned LAR3. Great location. Wood and Carpet floors. Ceiling fans. Big kitchens. Tons of possibilities. Close to restaurants, night-life, stores, schools, parks, etc…

Last Agent to Sell the Property

Sebastian Stofenmacher

Edgestone Real Estate, Inc. License #01328684 Listed on: 02/22/2017

Last Buyer's Agent

Eddie Estrada

Listing Los Angeles License #01255485

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,262

Year Built

  • Built in 1949

Lot Details

  • 5,100 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Carport Spaces

Home Design

  • 3,316 Sq Ft Home
  • Property Attached

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 4193
  • Assessor Parcel Number 5518016003

Community Details

Overview

  • 4 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $6,000
  • Water Sewer Expense $1,200
  • New Taxes Expense $13,000
  • Operating Expense $22,700
  • Gross Income $12,060
  • Net Operating Income $2,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,262

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5518016003
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Price Per Square Foot: 286.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 6000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5100.00

Multi Family

  • Gross Income: 12060.00
  • Gross Scheduled Income: 12060.00
  • Insurance Expense: 2500.00
  • Net Operating Income: 2060.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 10000.00
  • Rent Control: Yes
  • Total Actual Rent: 1005.00
  • Total Expenses: 22700.00

Tax Info

  • New Taxes Expense: 13000.00
  • Tax Census Tract: 2112.01
  • Tax Lot: 18
  • Tax Tract Number: 4193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Brooks Revocable Property Trust and Brooks Todd Gregory
Bought by
Amatrudi Zachary
Current Estimated Value
$1,192,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Outstanding Balance
$460,068
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$732,265

Purchase Details

Closed on
Jan 14, 2022
Sold by
Brooks and Suzee
Bought by
Brooks Revocable Property Trust

Purchase Details

Closed on
Sep 21, 2021
Sold by
Sandlund Care Elizabeth Shell and Sandlund Clare
Bought by
Sandlund Living Trust and Sandlund

Purchase Details

Closed on
Sep 6, 2018
Sold by
Jacobs Matthew
Bought by
Llano Emerson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 16, 2017
Sold by
Fannie Mae
Bought by
Jacobs Matthew
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Eddie Estrada
Listing Los Angeles
List Price
$1,229,900
Sold Price
$950,000
Premium/Discount to List
-$279,900
-22.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$712,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2013
Sold by
Sande Vasant T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2007
Sold by
Sande Vasant T
Bought by
The Vasant Tukaram Sande Living Trust

Purchase Details

Closed on
Jul 13, 2007
Sold by
Popoff Dagmar and The Popoff Family Trust
Bought by
Sande Vasant T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
6.66%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Amatrudi Zachary $550,000 Chicago Title Company
Brooks Revocable Property Trust -- None Listed On Document
Sandlund Living Trust -- None Listed On Document
Llano Emerson $420,000 First American Title Company
Sandlund Clare $415,000 First American Title Company
Brooks Greg $420,000 First American Title Company
Jacobs Matthew $950,000 First American Title Co La
Jacobs Matthew -- First American Title Co Los
Federal National Mortgage Association $688,757 Landsafe Title
The Vasant Tukaram Sande Living Trust -- None Available
Sande Vasant T $715,000 Chicago Title Co
Popoff Dagmar -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amatrudi Zachary $467,500
Previous Owner Sandlund Clare $332,000
Previous Owner Llano Emerson $357,000
Previous Owner Jacobs Matthew $712,500
Previous Owner Popoff Dagmar $71,500
Previous Owner Sande Vasant T $572,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold $950,000 -5.0% $286 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $999,900 -18.7% $302 / Sq Ft
02/22/2017 02/22/17 For Sale $1,229,900 -- $371 / 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 $16,262 $1,505,933 $1,115,673 $390,260
2024 $16,262 $1,311,362 $983,017 $328,345
2023 $15,954 $1,285,650 $963,743 $321,907
2022 $14,585 $1,205,797 $891,362 $314,435
2021 $14,396 $1,182,155 $873,885 $308,270
2020 $14,541 $1,170,035 $864,925 $305,110
2019 $13,969 $1,147,094 $847,966 $299,128
2018 $11,983 $969,000 $678,300 $290,700
2016 $8,490 $683,451 $414,213 $269,238
2015 $6,900 $550,000 $350,000 $200,000
2014 $7,079 $550,000 $350,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17036400

California Regional Multiple Listing Service (CRMLS)

APN: 5518-016-003