NOT LISTED FOR SALE

Estimated Value: $607,102 - $1,240,000

5 Beds
3 Baths
1,700 Sq Ft
$558/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $435,000 $256 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,744/month

4 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Attached Carport

About This Home

As of August 2018

Buy this property now before all of the City of Los Angeles projects, Down Town beautification, new stadium and over 20 other projects are completed! Front home it's a 3 bedrooms and 1 full bath, large living room, large dinning room and large kitchen. This is the house you would love to remodel to bring to it's previous beauty. This home had a garage, converted by the previous owner into a mother-in-law home, 2 bedroom with 2 bath (unknown if permitted) square footage not included on this listing. Long driveway, large back yard fully paved, front yard fully fenced, several fruit trees, pomegranate, citrus, and more. Take advantage of the R2 zoning and convert this one into a duplex if you want to. or keep the grand-fathered in mother-in-law quarters, which you could also apply for a permit to the City, buyer and buyer's agent to investigate requirements with the city. Very close to USC, down town Los Angeles, entertainment, museums, and beaches. Close to schools, public transportation and freeways. Please do not go directly, appointment only.

Last Agent to Sell the Property

Cinthya Rodriguez

West Shores Realty, Inc. License #01447448 Listed on: 06/22/2018

West Shores Realty, Inc.

Last Buyer's Agent

Ovidio Aparicio

TenSage Realty License #01333216

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,563

Year Built

  • Built in 1912

Lot Details

  • 5,591 Sq Ft Lot
  • No Common Walls
  • Private Yard

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Attached Carport
  • Parking Available
  • Driveway

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 401
  • Assessor Parcel Number 5016032008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,563

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5016032008
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 255.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport, Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • 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: Yard
  • Lot Size Sq Ft: 5591.00

Multi Family

  • Average2 Bed Area: 700 Square Feet
  • Average3 Bed Area: 1172 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2323.00
  • Tax Lot: 8
  • Tax Tract Number: 401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Shoumer Joshua R
Bought by
2023 Shoumer Lavi Family Trust
Total Days on Market
4
Current Estimated Value
$947,776

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jul 17, 2018
Sold by
Diaz Cesar
Bought by
Shoumer Joshua
Seller's Agent
Cinthya Rodriguez
West Shores Realty, Inc.
Buyer's Agent
Ovidio Aparicio
TenSage Realty
List Price
$480,000
Sold Price
$435,000
Premium/Discount to List
-$45,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2003
Sold by
Jones Samuel E and Jones Brenda L
Bought by
Diaz Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1993
Sold by
Kopelev Galina and Kopelev Anatoly
Bought by
Jones Samuel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,428
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
2023 Shoumer Lavi Family Trust -- Chicago Title
Shoumer Joshua $435,000 Title365
Diaz Cesar $225,000 First American Title Co
Jones Samuel E $132,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shoumer Joshua $416,000
Previous Owner Shoumer Joshua $412,500
Previous Owner Shoumer Joshua $600,000
Previous Owner Diaz Tircia C $10,000
Previous Owner Diaz Cesar $186,400
Previous Owner Diaz Cesar $119,000
Previous Owner Diaz Cesar $225,000
Previous Owner Diaz Cesar $180,000
Previous Owner Jones Samuel E $127,500
Previous Owner Jones Samuel E $131,428
Closed Diaz Cesar $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $435,000 0.0% $256 / Sq Ft
08/02/2018 08/02/18 Sold $435,000 0.0% $371 / Sq Ft
07/01/2018 07/01/18 Off Market $435,000 -- --
07/01/2018 07/01/18 Off Market $435,000 -- --
06/30/2018 06/30/18 For Sale $480,000 0.0% $410 / Sq Ft
06/30/2018 06/30/18 For Sale $480,000 +10.3% $282 / Sq Ft
06/29/2018 06/29/18 Off Market $435,000 -- --
06/29/2018 06/29/18 Off Market $435,000 -- --
06/26/2018 06/26/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $480,000 0.0% $282 / Sq Ft
03/18/2018 03/18/18 For Sale $480,000 -- $410 / 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
2024 $8,563 $680,882 $380,587 $300,295
2023 $8,405 $667,532 $373,125 $294,407
2022 $8,024 $654,444 $365,809 $288,635
2021 $7,916 $641,613 $358,637 $282,976
2019 $5,402 $435,000 $348,000 $87,000
2018 $3,470 $281,141 $224,917 $56,224
2017 $3,396 $275,629 $220,507 $55,122
2016 $3,311 $270,226 $216,184 $54,042
2015 $3,263 $266,168 $212,937 $53,231
2014 $3,282 $260,955 $208,766 $52,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18150525

California Regional Multiple Listing Service (CRMLS)

APN: 5016-032-008