$844,000
SOLD FEB 15, 2019
5 Beds
2 Baths
2,348 Sq Ft
7,425 Sq Ft Lot

Recently Sold

$359 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Views
  • Private Yard
  • Fireplace
  • 5-minute walk to Richardson Family Park

About This Home

As of February 2019

Great Upside potential on this Duplex for expansion of a 3rd Unit, 2 story 3bd 3ba SFR at rear. Historic Society has tentatively approved elevations see attachments. Great USC Student Housing Rental income property. Street to alley lot.

Last Agent to Sell the Property

Chad Arico

Arico & Associates, Inc. License #01967186 Listed on: 11/26/2018

Last Buyer's Agent

Michael Fukushima

Keller Williams Los Angeles License #01380445

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,747

Year Built

  • Built in 1905

Lot Details

  • 7,425 Sq Ft Lot
  • Lot Dimensions are 55x135
  • Property fronts an alley
  • 1 Common Wall
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,348 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Gas Cooktop
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 5054033012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • New Taxes Expense $7,000
  • Gross Income $57,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,747

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 3108776932
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5054033012
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 359.45
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Standard
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Yard
  • Lot Size: 55x135
  • Lot Size Sq Ft: 7425.00
  • Lot Size Acres: 0.1705

Rental Info

  • Tenant Pays: Other

Multi Family

  • Gross Income: 57120.00
  • Gross Scheduled Income: 57120.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7425.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense Percent: 4.00
  • Rent Control: Yes
  • Total Actual Rent: 4760.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Census Tract: 2218.10
  • Tax Lot: 24
  • Tax Tract Number: juanit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Feb 6, 2019
Sold by
Zepeda Esequiel and Pico Llc
Bought by
1420 W 28Th Street Llc
Seller's Agent
Chad Arico
Arico & Associates, Inc.
Buyer's Agent
Michael Fukushima
Keller Williams Los Angeles
List Price
$849,000
Sold Price
$844,000
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
5.68%
Original Mortgage
$1,290,000
Outstanding Balance
$1,143,189
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$58,039

Purchase Details

Listed on
Nov 26, 2018
Closed on
Feb 5, 2019
Sold by
Ezma Llc
Bought by
Zepeda Esequiel and Pico Llc
Seller's Agent
Chad Arico
Arico & Associates, Inc.
Buyer's Agent
Michael Fukushima
Keller Williams Los Angeles
List Price
$849,000
Sold Price
$844,000
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.
Original Mortgage
$1,290,000
Outstanding Balance
$1,143,189
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$58,039

Purchase Details

Closed on
Mar 2, 2017
Sold by
Zepeda Esequiel
Bought by
Ezma Llc

Purchase Details

Closed on
Aug 25, 2009
Sold by
Resmae Mortgage Corporation
Bought by
Zepeda Ezequial

Purchase Details

Closed on
Jun 16, 2009
Sold by
Romero Francisco
Bought by
Resmae Mortgage Corporation

Purchase Details

Closed on
Jul 27, 2007
Sold by
Romero Francisco
Bought by
Romero Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.79%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 5, 2005
Sold by
Romero Francisco Javier
Bought by
Romero Francisco Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
7.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 16, 1998
Sold by
Miller John Charles
Bought by
Romero Francisco and Romero Juan Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,397
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 1997
Sold by
Vankasper Peggy
Bought by
Bowman John N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.49%

Purchase Details

Closed on
Sep 10, 1997
Sold by
Bowman John N
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.49%
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 Type Sale Price Title Company
Grant Deed $844,000 North American Title Co
Grant Deed -- North American Title Co
Interfamily Deed Transfer -- North American Title Co
Grant Deed -- Progressive Title Company
Grant Deed $135,000 Orange Coast Title Co Of La
Trustee Deed $257,980 Fidelity Natl Title Ins Co
Interfamily Deed Transfer -- New Century Title Riverside
Interfamily Deed Transfer -- --
Grant Deed $211,000 First American Title Co
Interfamily Deed Transfer -- Equity Title
Grant Deed $100,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,290,000 Construction
Previous Owner $300,000 Credit Line Revolving
Previous Owner $500,000 Balloon
Previous Owner $475,000 Credit Line Revolving
Previous Owner $247,000 Balloon
Previous Owner $204,397 FHA
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $2,900,000 +243.6% $611 / Sq Ft
02/15/2019 02/15/19 Sold $844,000 -0.6% $359 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $849,000 -- $362 / 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
2024 $11,747 $945,710 $765,550 $180,160
2023 $11,525 $927,168 $750,540 $176,628
2022 $10,997 $908,989 $735,824 $173,165
2021 $10,855 $891,167 $721,397 $169,770
2019 $886 $769,896 $520,200 $249,696
2018 $5,724 $453,778 $340,336 $113,442
2016 $5,460 $436,159 $327,121 $109,038
2015 $5,383 $429,609 $322,208 $107,401
2014 $5,413 $421,195 $315,897 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18279797

California Regional Multiple Listing Service (CRMLS)

APN: 5054-033-012