NOT LISTED FOR SALE

Estimated Value: $783,000 - $920,000

7 Beds
3 Baths
2,262 Sq Ft
$373/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $715,000 $316 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,206/month

8 Days on Market

About This Home

As of February 2023

Triplex located near parks, schools, shopping plaza, and major public transportation. Property has been updated with kitchen counter tops, restrooms, paint inside and exterior of the units. Well maintained as its been owner occupied for more than 30 years. Property has matured fruit trees and regular plants around the property. Units have wall heaters and some units have wall mount hvac units. Back house is a three bedroom with large living room for entertainment. Back car port has parking for 2 vehicles and additional space for storage. Property will be a good investment property. Please see proforma numbers and located in a high demand living area of Los Angeles.

Last Agent to Sell the Property

Johnny Martinez

Century Commercial RE Services License #01348305 Listed on: 01/02/2023

Last Buyer's Agent

Johnny Martinez

Century Commercial RE Services License #01348305 Listed on: 01/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,145

Year Built

  • Built in 1920

Lot Details

  • 5,400 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,262 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 229
  • Assessor Parcel Number 5104028006
  • $372 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $50
  • Trash Expense $150
  • Water Sewer Expense $175
  • Operating Expense $375
  • Gross Income $26,292
  • Net Operating Income $20,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,145

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 175.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5104028006
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 316.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 26292.00
  • Gross Scheduled Income: 26292.00
  • Insurance Expense: 50.00
  • Laundry Income: 60.00
  • Lot Size Area: 5400.0000 Square Feet
  • Net Operating Income: 20810.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5482.00
  • Rent Control: Yes
  • Total Expenses: 375.00

Tax Info

  • Tax Census Tract: 2291.00
  • Tax Lot: 6
  • Tax Tract Number: 229...
  • TaxOtherAnnualAssessmentAmount: 372.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Ortiz Jesus
Bought by
Trinh Jimmy and Quach Somaly
Current Estimated Value
$844,794

Purchase Details

Closed on
Sep 15, 1997
Sold by
Ortiz Jesus and Ortiz Emilia
Bought by
Ortiz Jesus and Ortiz Emelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,992
Interest Rate
7.54%
Mortgage Type
FHA
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
Trinh Jimmy $715,000 Priority Title
Ortiz Jesus -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Jesus $135,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2023 02/23/23 Sold $715,000 +2.1% $316 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $700,000 -- $309 / 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 $9,145 $743,886 $312,120 $431,766
2024 $9,145 $729,300 $306,000 $423,300
2023 $1,990 $139,915 $42,222 $97,693
2022 $1,906 $137,173 $41,395 $95,778
2021 $1,870 $134,484 $40,584 $93,900
2020 $1,882 $133,106 $40,168 $92,938
2019 $1,819 $130,497 $39,381 $91,116
2018 $1,747 $127,939 $38,609 $89,330
2016 $1,645 $122,972 $37,110 $85,862
2015 $1,623 $121,126 $36,553 $84,573
2014 $1,648 $118,754 $35,837 $82,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23000256

California Regional Multiple Listing Service (CRMLS)

APN: 5104-028-006