NOT LISTED FOR SALE

Estimated Value: $1,037,000 - $1,627,000

3 Beds
3 Baths
1,850 Sq Ft
$753/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $1,219,000 $659 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,692/month

44 Days on Market

Highlights

  • Traditional Architecture
  • Ground Level Unit
  • 3 Car Detached Garage
  • Wood Flooring
  • Lawn
  • Double Pane Windows

About This Home

As of November 2020

Charming cottage style apartments located in Picfair Village. Hardwood floors, tile in kitchen and bathrooms. Each unit includes refrigerator, gas stove and LG Combo Washer Dryer. Remodeled bathrooms. These cute apartments are situated in a one story Tri-plex building, each with it's own street address and back door. Beautiful patio space at the rear of the building. Three one car garage spaces with storage shelf and remote openers. Close to Paper or Plastik, Bloom Cafe, Pilates, PowerPlant, Vons and so much more. Rear Apartment not currently rented, has updated kitchen, and will be delivered vacant. Excellent opportunity for Owner / Occupier with today's low interest rates!

Last Agent to Sell the Property

Anthony Respondek

Respondek Realty, Inc. License #01271943 Listed on: 08/13/2020

Last Buyer's Agent

Jeffrey Sachs

Coldwell Banker Realty License #01726707

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,896

Year Built

  • Built in 1942

Lot Details

  • 7,125 Sq Ft Lot
  • Landscaped
  • Front and Side Yard Sprinklers
  • Lawn

Parking

  • 3 Car Detached Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Security Lights
  • Laundry closet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Rain Gutters
  • Ground Level Unit

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for water, gardener
  • Assessor Parcel Number 5069-010-011

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • Vacancy Allowance $1,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,896

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Ground Level
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: No
  • Complex Name: None
  • Living Area: 1850
  • Lot Acreage: 0.1636
  • Probate: No
  • Stories: 1
  • Year Built: 1942
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 1
  • Number Range: 3
  • Number Refrigerator: 3
  • Flooring: Tile, Hardwood
  • Appliances: Free Standing Gas
  • Bedrooms: 3
  • Common Walls: Attached
  • Bathroom Features: Low Flow Toilet(s), Tile, Low Flow Shower(s), Shower Over Tub
  • Laundry: In Closet
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 648.11
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Sprinkler System, Rain Gutters
  • Other Structures: None
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Garage Structures: 1
  • Parking Garage: Detached
  • Total Parking: 3

Utilities

  • Water District: LADWP
  • Water Heater: Tankless, Water Heater Unit
  • Cooling: Window Unit(s)
  • Heating: Floor Furnace
  • Number Gas Meters: 3
  • Security: Exterior Security Lights
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front, Sprinkler System, Sprinkler Timer, Side
  • Additions Alterations: No
  • Assessed Improvement Percent: 51.22
  • Assessed Improvement Value: 262061
  • Assessed Land Percent: 48.78
  • Assessed Land Value: 249581
  • Total Assessed Value: 511642
  • Assessor Parcel Number: 5069-010-011
  • Geocode Override: No
  • Lot Description: Landscaped, Lawn, Single Lot, Sidewalks, Street Paved, Curbs
  • Lot Size Area: 7125

Rental Info

  • Number Leased: 2
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 32.88
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 37688
  • Type Of Units: Triplex
  • Vacancy Allow: 1950
  • Vacancy Allow Percent: 33.00
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 2, 2020
Sold by
Respondek Anthony Paul and Sommer Marilyn Sue
Bought by
Golomb Gemma L
Seller's Agent
Anthony Respondek
Respondek Realty, Inc.
Buyer's Agent
Jeffrey Sachs
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,219,000
Premium/Discount to List
-$76,000
-5.87%
Current Estimated Value
$1,393,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,560
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Jacobson Gary Lee
Bought by
Respondek Anthony Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.87%
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
Golomb Gemma L $1,219,000 Chicago Title Company
Respondek Anthony Paul $410,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Respondek Anthony Paul $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $1,219,000 +1.7% $659 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $1,199,000 -7.4% $648 / Sq Ft
08/13/2020 08/13/20 For Sale $1,295,000 0.0% $700 / Sq Ft
02/08/2012 02/08/12 Rented $1,290 0.0% --
02/08/2012 02/08/12 Under Contract -- -- --
02/03/2012 02/03/12 For Rent $1,290 -- --
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 $15,896 $1,319,482 $1,190,674 $128,808
2024 $15,896 $1,293,611 $1,167,328 $126,283
2023 $15,592 $1,268,247 $1,144,440 $123,807
2022 $14,955 $1,243,380 $1,122,000 $121,380
2021 $6,893 $548,580 $267,599 $280,981
2019 $6,695 $532,311 $259,663 $272,648
2018 $6,559 $521,874 $254,572 $267,302
2016 $6,268 $501,611 $244,688 $256,923
2015 $6,179 $494,077 $241,013 $253,064
2014 $6,218 $484,399 $236,292 $248,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-596886

The MLS

APN: 5069-010-011