NOT LISTED FOR SALE

Estimated Value: $1,225,000 - $1,506,000

6 Beds
4 Baths
2,900 Sq Ft
$486/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $644,500 $222 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $9,570/month

8 Days on Market

About This Home

As of June 2015

(8) offers received in the 1st 24 hours. Seller will not be entertaining any offers below new list price of $580,000. Great investment opportunity for investors to own a building producing market rents while requiring very low management. All units were completely upgraded in December of 2012 & feature new hardwood floors & paint throughout, new carpet in bedrooms, granite counters,toilets, vanities & fixtures. Electrical & plumbing are original 1991 but in good condition. All units feature their own (in-unit) washer & dryer hookups + kitchen appliances. Located in a desirable, up-and-coming area in close proximity to USC, 10 & 110 Fwy's and public transportation. The building is 100% tenant occupied (none of existing tenants are section 8) and will not be delivered vacant. PLEASE DO NOT DISTURB OCCUPANTS. Complex is well-maintained, gated & provides plenty of off-street parking. Seller is aware of bedroom discrepancy between title & actual. However, 9 bedrooms appear original.

Last Agent to Sell the Property

Zee EZeeDoesIT

Real Estate eBroker Inc. License #01828051 Listed on: 05/20/2015

Real Estate eBroker Inc.

Last Buyer's Agent

Zee EZeeDoesIT

Real Estate eBroker Inc. License #01828051 Listed on: 05/20/2015

Real Estate eBroker Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,709

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 6,800

Home Design

  • 2,900 Sq Ft Home
  • Triplex

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Gated Parking

Additional Features

  • Gas And Electric Dryer Hookup
  • 6,800 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5041-010-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,709

Year Built

Built in 1991 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2900
  • Property Condition: Updated/Remodeled
  • Year Built: 1991
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 200.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 5

Utilities

  • Heating: Wall
  • Water Expense: 1810.00

Fee Information

  • Insurance Expense: 1561.00
  • Maintenance Expense: 1719.00

Lot Info

  • Assessed Improvement Value: 100454
  • Assessed Land Value: 301362
  • Assessor Parcel Number: 5041-010-004
  • Geocode Override: No
  • Lot Size Area: 6800

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.50
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 0.00

Tax Info

  • Tax Expense: 5241.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2021
Sold by
Karian Investments Llc
Bought by
Yang Jiaming and Wang Zixin
Current Estimated Value
$1,485,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$980,828
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$429,521

Purchase Details

Closed on
Apr 13, 2021
Sold by
Karmiel Shmulik and Mickelson Molly J
Bought by
Karian Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$980,828
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$429,521

Purchase Details

Closed on
Apr 21, 2016
Sold by
Karmiel Shmulik
Bought by
Karmiel Shmulik and Mickelson Molly L

Purchase Details

Closed on
Apr 13, 2016
Sold by
Jalan Saral and Karmiel Shmulik
Bought by
Karlan Investments Llc

Purchase Details

Listed on
May 20, 2015
Closed on
Jun 22, 2015
Sold by
Mickelson Molly Jo Rae
Bought by
Karmiel Shmulik
Seller's Agent
Zee EZeeDoesIT
Real Estate eBroker Inc.
Buyer's Agent
Zee EZeeDoesIT
Real Estate eBroker Inc.
List Price
$540,000
Sold Price
$644,500
Premium/Discount to List
$104,500
19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$375,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 20, 2015
Closed on
Jun 4, 2015
Sold by
Inflection Point Ii Lp
Bought by
Jalan Saral and Karmiel Shmulik
Seller's Agent
Zee EZeeDoesIT
Real Estate eBroker Inc.
Buyer's Agent
Zee EZeeDoesIT
Real Estate eBroker Inc.
List Price
$540,000
Sold Price
$644,500
Premium/Discount to List
$104,500
19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Inflection Point Ii Lp

Purchase Details

Closed on
Apr 10, 2012
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 4, 2011
Sold by
Barcelo Victor M and Barcelo Irene
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 13, 2006
Sold by
Barcelo Lazoff Verna I
Bought by
Barcelo Victor M and Barcelo Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 24, 2006
Sold by
Cameros Carlos and Cameros Maria
Bought by
Barcelo Lazoff Verna I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 24, 2003
Sold by
Maldonado Adolfo Ismael
Bought by
Maldonado Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Yang Jiaming $1,350,000 Fidelity National Title Co
Karian Investments Llc -- Fidelity National Title Co
Karmiel Shmulik -- None Available
Karlan Investments Llc -- None Available
Karmiel Shmulik -- California Title Company
Jalan Saral $644,500 California Title Company
Inflection Point Ii Lp $400,000 None Available
Nationstar Mortgage Llc -- None Available
Aurora Loan Services Llc $340,000 None Available
Barcelo Victor M -- Accommodation
Barcelo Lazoff Verna I $710,000 Southland Title
Maldonado Juana -- Fidelity National Title Co
Maldonado Juana $230,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Jiaming $1,080,000
Previous Owner Karmiel Shmulik $595,000
Previous Owner Karlan Investments Llc $160,000
Previous Owner Karmiel Shmulik $376,000
Previous Owner Jalan Saral $375,000
Previous Owner Inflection Point Ii Lp $850,000
Previous Owner Inflection Point Ii Lp $249,400
Previous Owner Barcelo Victor M $650,000
Previous Owner Barcelo Victor M $92,500
Previous Owner Barcelo Lazoff Verna I $177,500
Previous Owner Barcelo Lazoff Verna I $532,500
Previous Owner Maldonado Juana $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $644,500 +19.4% $222 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $540,000 -- $186 / 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 $17,709 $1,461,281 $974,188 $487,093
2024 $17,709 $1,432,630 $955,087 $477,543
2023 $17,372 $1,404,540 $936,360 $468,180
2022 $16,573 $1,377,000 $918,000 $459,000
2021 $10,523 $853,041 $514,012 $339,029
2020 $10,627 $844,295 $508,742 $335,553
2019 $10,215 $827,741 $498,767 $328,974
2018 $10,071 $811,512 $488,988 $322,524
2016 $8,120 $654,328 $406,100 $248,228
2015 $5,207 $409,844 $307,383 $102,461
2014 -- $401,816 $301,362 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-902327

The MLS

APN: 5041-010-004