NOT LISTED FOR SALE

1428 W 38th St Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $563,631 - $737,000

2 Beds
3 Baths
1,962 Sq Ft
$345/Sq Ft Est. Value

Last Sold October 10, 2013

Last sale price $280,000 $143 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $4,006/month

109 Days on Market

About This Home

As of October 2013

WOW!!! WOW!!! WOW!!! THIS GREAT LOS ANGELES INCOME PROPERTY IS PERFECT FOR INVESTOR OR FIRST TIME HOME BUYER LOOKING TO LIVE IN ONE AND RENT THE OTHER. EACH UNIT FEATURES 1 SPACIOUS BEDROOM AND 1 BATHROOM. BOTH UNITS HAVE BEEN COMPLETELY REMODELED NEW KITCHEN CABINETS WITH GRANITE COUNTER TOPS,NEW CERAMIC TILE IN THE KITCHEN,LIVING ROOM AND BATHROOM. WALL TO WALL CARPET IN THE BEDROOMS. NEW INTERIOR AND EXTERIOR PAINT. PROPERTY HAS APPROVED PAID PERMITS TO RECONSTRUCT THE THIRD UNIT IN THE BACK. PROPERTY COULD BE DELIVERED VACANT OR WITH TENANTS. TENANTS ARE ON A MONTH TO MONTH LEASE. EACH UNIT PAYS $950.00 PER MONTH.

Last Agent to Sell the Property

Miguel Gonzalez

Century 21 Allstars License #01716213 Listed on: 07/11/2013

Century 21 Allstars

Last Buyer's Agent

Miguel Gonzalez

Century 21 Allstars License #01716213 Listed on: 07/11/2013

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,285

Year Built

  • Built in 1909

Lot Details

  • 5,658 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,962 Sq Ft Home
  • Property Attached

Parking

  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 5036004003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $1,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,285

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5036004003
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 142.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5658.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 1900.00
  • Gross Scheduled Income: 1900.00
  • Lot Size Area: 5658.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Rent Control: Yes

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2013
Closed on
Oct 4, 2013
Sold by
V Mar Inc
Bought by
Pedro Rigoberto Juan
Seller's Agent
Miguel Gonzalez
Century 21 Allstars
Buyer's Agent
Miguel Gonzalez
Century 21 Allstars
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$666,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,598
Avg. Annual Appreciation
7.75%
Original Mortgage
$370,700
Interest Rate
4.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jun 8, 2012
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Vmar Inc
Seller's Agent
Marie Fimbres
REO Modern Realty Corp
Buyer's Agent
Alex Figueroa
Keller Williams Realty
List Price
$179,900
Sold Price
$195,000
Premium/Discount to List
$15,100
8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.20%
Original Mortgage
$224,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2011
Sold by
Iraheta Lelis Vito
Bought by
The Bank Of New York Mellon Trust Compan

Purchase Details

Closed on
May 17, 2005
Sold by
Kirby Willie
Bought by
Iraheta Lelis Vito and Romero Ada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1997
Sold by
Kirby Willie
Bought by
Kirby Willie and Kirby Matteal J
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
Pedro Rigoberto Juan $280,000 Old Republic Title Company
Vmar Inc $192,000 Orange Coast Title
The Bank Of New York Mellon Trust Compan $242,100 None Available
Iraheta Lelis Vito $385,000 --
Kirby Willie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedro Rigoberto Juan $239,000
Closed V-Mar Inc $370,700
Previous Owner Pedro Rigoberto Juan $274,928
Previous Owner Vmar Inc $224,000
Previous Owner Iraheta Lelis Vito $454,000
Previous Owner Iraheta Lelis Vito $30,000
Previous Owner Iraheta Lelis Vito $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Sold $280,000 0.0% $143 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $279,900 +43.5% $143 / Sq Ft
07/18/2012 07/18/12 Sold $195,000 +8.4% $99 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $179,900 -- $92 / 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 $4,285 $343,231 $240,265 $102,966
2024 $4,285 $336,502 $235,554 $100,948
2023 $4,208 $329,905 $230,936 $98,969
2022 $4,023 $323,437 $226,408 $97,029
2021 $3,966 $317,096 $221,969 $95,127
2019 $3,851 $307,692 $215,386 $92,306
2018 $3,763 $301,660 $211,163 $90,497
2016 $3,591 $289,948 $202,964 $86,984
2015 $3,540 $285,594 $199,916 $85,678
2014 $3,692 $280,000 $196,000 $84,000
Source: Public Records

Agents Affiliated with this Home

  • Miguel Gonzalez

    Seller's Agent in 2013

    Miguel Gonzalez

    Century 21 Allstars

    (562) 686-3299

    101 Total Sales

    Section Image

  • M

    Seller's Agent in 2012

    Marie Fimbres

    REO Modern Realty Corp

    Section Image

  • A

    Buyer's Agent in 2012

    Alex Figueroa

    Keller Williams Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13103957

California Regional Multiple Listing Service (CRMLS)

APN: 5036-004-003

California Los Angeles County Los Angeles 90018 Exposition Park

1428 W 38th St, Los Angeles, CA

This home is located at 1428 W 38th St, Los Angeles, CA 90062 since 11 July 2013 and is currently estimated at $677,408, approximately $345 per square foot. This property was built in 1909. 1428 W 38th St is a home located in Los Angeles County with nearby schools including Lenicia B. Weemes Elementary School, Manual Arts Senior High School, and KIPP Scholar Academy.

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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