NOT LISTED FOR SALE

1422 West Blvd Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,233,000 - $1,408,826

4 Beds
2 Baths
2,039 Sq Ft
$665/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $590,000 $289 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $8,055/month

229 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Floor Furnace

About This Home

As of August 2014

Back on the market..Reduced price. Inside the highly desirable secluded Victoria Park. Very nice 2 unit building nestled among million dollar homes. One unit has just been painted with new wood flooring throughout. Very large usuable lot with garages and plenty of storage and parking. Close to everything.

Last Agent to Sell the Property

GARY KARASAWA

Mark III Properties License #00572414 Listed on: 11/25/2013

Last Buyer's Agent

Jignesh Patel

Realty One Group United License #01941349

Realty One Group United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,739

Year Built

  • Built in 1949

Lot Details

  • 8,407 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage

Home Design

  • 2,039 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 182
  • Tax Tract Number 5082
  • Assessor Parcel Number 5082013023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $800
  • Trash Expense $200
  • Water Sewer Expense $100
  • New Taxes Expense $6,000
  • Gross Income $875
  • Net Operating Income $8,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,739

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 5082013023
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 289.36

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8407.00
  • Lot Size Acres: 0.1930

Multi Family

  • Average1 Bed Area: 1020
  • Average2 Bed Area: 1020
  • Electric Expense: 100.00
  • Gross Income: 875.00
  • Gross Scheduled Income: 10500.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8407.0000 Square Feet
  • Net Operating Income: 8500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: Yes
  • Total Actual Rent: 875.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 182
  • Tax Tract Number: 5082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2013
Closed on
Jun 12, 2014
Sold by
Ito Ichiro
Bought by
Arias Armando and Magana Adriana Garcia
Seller's Agent
GARY KARASAWA
Mark III Properties
Buyer's Agent
Jignesh Patel
Realty One Group United
List Price
$689,000
Sold Price
$590,000
Premium/Discount to List
-$99,000
-14.37%
Current Estimated Value
$1,355,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,207
Avg. Annual Appreciation
7.67%
Original Mortgage
$472,000
Interest Rate
4.13%
Mortgage Type
New Conventional
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
Arias Armando $590,000 Title365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Armando $305,800
Previous Owner Arias Armando $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2014 08/05/14 Sold $590,000 -14.4% $289 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $689,000 -- $338 / 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 $8,739 $709,080 $567,268 $141,812
2024 $8,739 $695,178 $556,146 $139,032
2023 $8,577 $681,548 $545,242 $136,306
2022 $8,191 $668,185 $534,551 $133,634
2021 $8,083 $655,084 $524,070 $131,014
2019 $7,846 $635,656 $508,527 $127,129
2018 $7,663 $623,193 $498,556 $124,637
2016 $7,318 $598,997 $479,198 $119,799
2015 $7,212 $590,000 $472,000 $118,000
2014 $801 $49,555 $25,976 $23,579
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    GARY KARASAWA

    Mark III Properties

    (626) 287-3348

    1 in this area

    60 Total Sales

    GARY KARASAWA
    Section Image

  • J

    Buyer's Agent in 2014

    Jignesh Patel

    Realty One Group United

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13211233

California Regional Multiple Listing Service (CRMLS)

APN: 5082-013-023

California Los Angeles County Los Angeles 90019 Mid-City

1422 West Blvd, Los Angeles, CA

This home is located at 1422 West Blvd, Los Angeles, CA 90019 since 25 November 2013 and is currently estimated at $1,355,207, approximately $664 per square foot. This property was built in 1949. 1422 West Blvd is a home located in Los Angeles County with nearby schools including Alta Loma Elementary, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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