B
Seller's Agent in 2015
Boris Torres
Adrian Sillas, Broker
1432 Constance St Unit 6 Los Angeles, CA 90015
Pico-Union NeighborhoodEstimated Value: $1,108,038 - $1,731,000
10
Beds
6
Baths
5,041
Sq Ft
$282/Sq Ft
Est. Value
About This Home
As of September 2015Calling all developers & investors. Excellent investment property in the heart of Los Angeles, close to DTLA, Staples Center, Korea Town, 10 minutes from Universal Studios, Hollywood, easy access for Fwy's and located in one of the most gentrify area of Los Angeles. Well maintained 6 units, property consist of: 4- 1 bedroom / 1 bathroom units + a 2 story duplex - 3 bedrooms / 1 bath each. Property is fully occupied, owner lives in one of the 3 bedrooms unit and will be delivery vacant. Offer subject to inspection, do not disturb tenants, drive by only. Excellent investment, low maintenance, owner pays for water only, each unit has a separate meter for gas & electricity. This property won't last long!
Last Agent to Sell the Property
Boris Torres
Adrian Sillas, Broker License #01817217 Listed on: 08/07/2015
Last Buyer's Agent
Boris Torres
Adrian Sillas, Broker License #01817217 Listed on: 08/07/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,350
Year Built
- Built in 1898
Lot Details
- 7,304 Sq Ft Lot
- Two or More Common Walls
Home Design
- Property Attached
Interior Spaces
- 5,041 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Additional Features
- Urban Location
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, HVAC maintenance
- Tax Lot 26
- Tax Tract Number 2761
- Assessor Parcel Number 5135018009
Community Details
Overview
- 3 Buildings
- 6 Units
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Trash Expense $70
- Water Sewer Expense $200
- Gross Income $5,271
- Net Operating Income $5,271
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 29, 2017
Sold by
Lee Sang C and Lee Chong Hee
Bought by
Reitz Barbara Derbin and Barbara Derbin Reitz Living Tr
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.96%
Mortgage Type
Negative Amortization
Purchase Details
Listed on
Aug 7, 2015
Closed on
Aug 21, 2015
Sold by
Alas Mauricio and Alas Floria Guadalupe
Bought by
Lee Sang C and Lee Chong Hee
Seller's Agent
Boris Torres
Adrian Sillas, Broker
Buyer's Agent
Boris Torres
Adrian Sillas, Broker
List Price
$799,000
Sold Price
$710,000
Premium/Discount to List
-$89,000
-11.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Purchase Details
Closed on
Aug 10, 2004
Sold by
Medina Jose and Monterosa Carlos Ernesto
Bought by
Alas Mauricio and Alas Floria Guadalupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
5.97%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 3, 1999
Sold by
Aztlan Properties Inc
Bought by
Medina Jose and Alas Mauricio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,392
Interest Rate
7.97%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 20, 1999
Sold by
Delgado Sonia
Bought by
Aztlan Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,392
Interest Rate
7.97%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 14, 1994
Sold by
Constance Corp
Bought by
Peron Ronald and Bryden Janice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 8, 1994
Sold by
Peron Ronald and Bryden Janice
Bought by
Quintanilla Candelaria and Seijas Laura E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 17, 1994
Sold by
Bryden James
Bought by
Bryden Janice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 30, 1993
Sold by
Peron Ronald
Bought by
Constance Corp
Purchase Details
Closed on
Jul 29, 1993
Sold by
Bryden Janice
Bought by
Constance Corp
Purchase Details
Closed on
Jul 1, 1993
Sold by
Neal Lorna
Bought by
Constance Corp
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reitz Barbara Derbin | $1,140,000 | Stewart Title Of California | |
| Lee Sang C | $720,000 | Nations Title Company Of Ca | |
| Alas Mauricio | -- | Ticor Title Company Of Calif | |
| Medina Jose | $319,000 | First Southwestern Title Co | |
| Aztlan Properties Inc | $165,000 | Fidelity Title | |
| Delgado Sonia | -- | Fidelity Title | |
| Peron Ronald | $28,000 | Benevest Title | |
| Quintanilla Candelaria | $150,000 | Benevest Title | |
| Peron Ronald | -- | Benevest Title | |
| Bryden Janice | -- | Benevest Title | |
| Constance Corp | $9,500 | Benevest Title | |
| Constance Corp | $9,500 | Benevest Title | |
| Constance Corp | $9,500 | Benevest Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reitz Barbara Derbin | $850,000 | |
| Previous Owner | Reitz Barbara Derbin | $620,000 | |
| Previous Owner | Alas Mauricio | $449,000 | |
| Previous Owner | Alas Mauricio | $374,000 | |
| Previous Owner | Medina Jose | $316,392 | |
| Previous Owner | Aztlan Properties Inc | $132,000 | |
| Previous Owner | Delgado Sonia | $135,000 | |
| Previous Owner | Quintanilla Candelaria | $135,000 | |
| Closed | Quintanilla Candelaria | $3,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2015 09/09/15 | Sold | $710,000 | -11.1% | $141 / Sq Ft |
| 08/12/2015 08/12/15 | Pending | -- | -- | -- |
| 08/07/2015 08/07/15 | For Sale | $799,000 | -- | $159 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $16,350 | $1,297,120 | $1,024,044 | $273,076 |
| 2024 | $16,350 | $1,271,687 | $1,003,965 | $267,722 |
| 2023 | $16,051 | $1,246,753 | $984,280 | $262,473 |
| 2022 | $15,339 | $1,222,308 | $964,981 | $257,327 |
| 2021 | $15,135 | $1,198,342 | $946,060 | $252,282 |
| 2019 | $14,701 | $1,162,800 | $918,000 | $244,800 |
| 2018 | $14,550 | $1,140,000 | $900,000 | $240,000 |
| 2016 | $9,173 | $710,000 | $497,000 | $213,000 |
| 2015 | $6,563 | $483,946 | $364,790 | $119,156 |
| 2014 | $6,623 | $474,467 | $357,645 | $116,822 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS15174657
APN: 5135-018-009
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