NOT LISTED FOR SALE

1434 S Mansfield Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,131,000 - $1,820,000

1 Bed
2 Baths
1,600 Sq Ft
$966/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $1,030,000 $644 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,378/month

19 Days on Market

About This Home

As of September 2016

4 Units just South of the Miracle Mile and Mid-Wilshire, Total Ground Up Rehab in 2010. Newer flooring, kitchens, baths, cabinets, electrical, plumbing, roof, paint and stucco. Beautiful low maintenance landscape, concrete driveway and parking area. Great rents and easy to manage. Perfect for the hands off manager. Under LA City Rent Control. Please drive by only and do not disturb the tenants.

Last Agent to Sell the Property

Ed Koenig

Ed Koenig IRE License #00831815 Listed on: 07/20/2016

Co-Listed By

Gina Uzunyan

Koenig Properties License #00984953

Last Buyer's Agent

Ed Koenig

Ed Koenig IRE License #00831815 Listed on: 07/20/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,625

Year Built

  • Built in 1923

Lot Details

  • 6,849 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • Parking Available
  • Uncovered Parking

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1740
  • Assessor Parcel Number 5070019013

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,200
  • Maintenance Expense $2,400
  • Trash Expense $940
  • Water Sewer Expense $1,800
  • New Taxes Expense $13,437
  • Gross Income $6,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,625

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5070019013
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 643.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered

Utilities

  • Sewer: Unknown
  • Trash Expense: 940.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6849.00
  • Price Per Lot Square Foot: 156.96

Multi Family

  • Gross Income: 6210.00
  • Gross Scheduled Income: 74520.00
  • Insurance Expense: 2200.00
  • Maintenance Expense: 2400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 13437.00
  • Tax Lot: 11
  • Tax Tract Number: 1740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2019
Sold by
Rosen Howard Z and Rosen Norma Z
Bought by
Rosen Howard Z and Rosen Norma N
Current Estimated Value
$1,544,898

Purchase Details

Closed on
Jun 11, 2019
Sold by
Rosen Howard Z
Bought by
Rosen Howard Z and Rosen Norma N

Purchase Details

Listed on
Jul 20, 2016
Closed on
Sep 26, 2016
Sold by
Bransfield Llc
Bought by
Salem Nissim and Salem Orly
Seller's Agent
Ed Koenig
Ed Koenig IRE
Buyer's Agent
Ed Koenig
Ed Koenig IRE
List Price
$1,075,000
Sold Price
$1,030,000
Premium/Discount to List
-$45,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Nov 25, 2014
Sold by
Towfigh Atefeh
Bought by
Shirloo Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2014
Sold by
Shirloo Mohammad
Bought by
Bransfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2014
Sold by
Shirloo Mohammad
Bought by
Bransfield Llc

Purchase Details

Closed on
Mar 13, 2013
Sold by
Towfigh Atefeh
Bought by
Shirloo Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2010
Sold by
Towfigh Atefeh
Bought by
Shirloo Mohammad

Purchase Details

Closed on
Feb 3, 2010
Sold by
Wells Fargo Bank Na
Bought by
Shirloo Mohammad

Purchase Details

Closed on
Sep 28, 2009
Sold by
Page Darrin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 27, 2007
Sold by
Page Donna and Page Darrin
Bought by
Page Darrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 29, 2003
Sold by
Griffin Vernon Tommy
Bought by
Page Darrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2002
Sold by
Johnson Althonius
Bought by
Griffin Vernon Tommy

Purchase Details

Closed on
Dec 6, 2001
Sold by
Hud
Bought by
Johnson Althonius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,479
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2000
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Dec 21, 1998
Sold by
Cornwell Rory
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Nov 17, 1997
Sold by
Lambert Anne M
Bought by
Cornwell Rory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,844
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1996
Sold by
Walker Denise G
Bought by
Lambert Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,050
Interest Rate
8.23%

Purchase Details

Closed on
Mar 11, 1996
Sold by
Walker Denise G
Bought by
Walker Denise G and Lambert Anne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosen Howard Z -- None Available
Rosen Howard Z -- Ticor Title
Rosen Howard Z -- None Available
Salem Nissim $1,030,000 Lawyers Title
Shirloo Mohammad -- Fidelity National Title Co
Bransfield Llc -- None Available
Shirloo Mohammad -- Fidelity National Title Co
Bransfield Llc -- None Available
Shirloo Mohammad -- Netco Title Company
Shirloo Mohammad -- None Available
Shirloo Mohammad $225,000 None Available
Wells Fargo Bank Na $208,250 Landsafe Title
Page Darrin -- Fidelity National Title
Page Darrin $335,000 Ticor Title Co
Page Darrin -- Ticor Title Co
Griffin Vernon Tommy -- --
Johnson Althonius $207,000 Stewart Title
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $198,001 First American Title Ins Co
Cornwell Rory $190,000 California Counties Title Co
Lambert Anne M -- Title Land Company
Walker Denise G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shirloo Mohammad $770,000
Previous Owner Shirloo Mohammad $574,000
Previous Owner Page Darrin $108,000
Previous Owner Page Darrin $301,500
Previous Owner Johnson Althonius $207,479
Previous Owner Cornwell Rory $183,844
Previous Owner Lambert Anne M $135,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2016 09/28/16 Sold $1,030,000 -4.2% $644 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $1,075,000 -- $672 / 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 $14,625 $1,195,398 $812,407 $382,991
2024 $14,625 $1,171,960 $796,478 $375,482
2023 $14,350 $1,148,981 $780,861 $368,120
2022 $13,696 $1,126,452 $765,550 $360,902
2021 $13,520 $1,104,366 $750,540 $353,826
2019 $13,122 $1,071,612 $728,280 $343,332
2018 $12,962 $1,050,600 $714,000 $336,600
2016 $5,118 $399,784 $190,818 $208,966
2015 $5,047 $393,780 $187,952 $205,828
2014 $5,091 $386,068 $184,271 $201,797
Source: Public Records

Agents Affiliated with this Home

  • Ed Koenig

    Seller's Agent in 2016

    Ed Koenig

    Ed Koenig IRE

    (818) 903-8088

    29 Total Sales

    Ed Koenig
    Section Image
  • Gina Uzunyan

    Seller Co-Listing Agent in 2016

    Gina Uzunyan

    Koenig Properties

    (818) 521-8088

    37 Total Sales

    Gina Uzunyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16160383

California Regional Multiple Listing Service (CRMLS)

APN: 5070-019-013

California Los Angeles County Los Angeles 90019 Mid-City

1434 S Mansfield Ave, Los Angeles, CA

Not Listed for Sale

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