NOT LISTED FOR SALE

1451 W 108th St Los Angeles, CA 90047

Estimated Value: $996,000 - $1,094,139

9 Beds
4 Baths
3,201 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $1,090,000 $341 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,213/month

12 Days on Market

Highlights

  • Multi-Level Bedroom
  • Granite Countertops
  • Living Room
  • Wood Flooring
  • Neighborhood Views
  • No Interior Steps

About This Home

As of April 2024

Triplex with so much potential situated in the city of Los Angeles. Across the street from Washington Preparatory High School. This property offers an exceptional opportunity for both investors and residents. This location has near by restaurants, public transportation and major Avenues that are very conveniently located. This is a triplex. 2 of the Units are 3 bedrooms and 1 bathroom, kitchen, and a den area. 1 of the units has 3 bedrooms, 2 baths, Living room, dining area, kitchen & laundry area. Property includes a 2 Garages with 2 parking space each and additional 4-5 parking spaces.

Last Agent to Sell the Property

Christian Limon

Century 21 A Better Service Brokerage Phone: 562-244-8211 License #01182471 Listed on: 02/15/2024

Century 21 A Better Service

Last Buyer's Agent

Jason Lowery

Compass License #01817345

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,424

Year Built

  • Built in 1953

Lot Details

  • 8,075 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex
  • Entry on the 1st floor
  • Asbestos Shingle Roof

Interior Spaces

  • 3,201 Sq Ft Home
  • 2-Story Property
  • Panel Doors
  • Living Room
  • Neighborhood Views
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Multi-Level Bedroom
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 66
  • Assessor Parcel Number 6077030004

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 $2,200
  • Trash Expense $560
  • Water Sewer Expense $3,700
  • New Taxes Expense $7,424
  • Operating Expense $14,134
  • Gross Income $87,283
  • Net Operating Income $87,283

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,424

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 333000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 3700.00
  • Zoning: LCR4YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6077030004
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Entry Location: Fist Floor & 2nd Floor
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: No
  • Door Features: Panel Doors
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 340.52
  • Room Type: Kitchen, Living Room, Primary Bathroom, Multi-Level Bedroom

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 560.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 8075.00
  • Lot Size Acres: 0.1854

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 87283.00
  • Gross Scheduled Income: 87284.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 8075.0000 Square Feet
  • Net Operating Income: 87283.00
  • 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: 14134.00
  • Rent Control: Yes
  • Total Actual Rent: 5085.14
  • Total Expenses: 14134.00

Tax Info

  • New Taxes Expense: 7424.00
  • Tax Area: 1220
  • Tax Census Tract: 6003.02
  • Tax Lot: 66
  • Tax Tract Number: 0000
  • Tax Annual Amount: 7424.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Ibarra Adrian and Recendez Norma Elena
Bought by
Superior Management Group Llc
Current Estimated Value
$1,052,535

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 5, 2024
Sold by
Limon Family Trust and Limon Christian
Bought by
Ibarra Adrian and Recendez Norma Elena
Seller's Agent
Christian Limon
Century 21 A Better Service
Buyer's Agent
Jason Lowery
Compass
List Price
$999,000
Sold Price
$1,090,000
Premium/Discount to List
$91,000
9.11%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.27%
Original Mortgage
$817,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2019
Sold by
Limon Christian and Limon Itza
Bought by
Limon Christian and Limon Itza

Purchase Details

Closed on
May 17, 2018
Sold by
California Kingdom Builders Inc
Bought by
Limon Christian and Limon Itza

Purchase Details

Closed on
Jan 19, 2016
Sold by
Us Bank National Association
Bought by
California Kingdom Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,200
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2014
Sold by
Thomas Renee
Bought by
U S Bank National Association and Ocwen Loan Servicing Llc

Purchase Details

Closed on
May 26, 2006
Sold by
Thomas Daphne Renee
Bought by
Thomas Daphne Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2005
Sold by
Draper Rutha L
Bought by
Thomas Daphne Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.5%
Mortgage Type
Balloon
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
Superior Management Group Llc -- None Listed On Document
Superior Management Group Llc -- None Listed On Document
Ibarra Adrian $1,090,000 Wfg National Title
Limon Christian -- Accommodation
Limon Christian -- None Available
California Kingdom Builders Inc $427,000 Premium Title Of Ca Inc
U S Bank National Association $410,000 None Available
Thomas Daphne Renee -- Security Union Title Ins Co
Thomas Daphne Renee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibarra Adrian $817,500
Previous Owner California Kingdom Builders Inc $435,200
Previous Owner Thomas Daphne Renee $342,000
Previous Owner Thomas Daphne Renee $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $1,090,000 +9.1% $341 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $999,000 -- $312 / 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 $7,796 $1,111,800 $856,800 $255,000
2024 $7,796 $495,562 $347,011 $148,551
2023 $7,424 $485,846 $340,207 $145,639
2022 $7,116 $476,321 $333,537 $142,784
2021 $7,041 $466,983 $326,998 $139,985
2020 $7,087 $462,196 $323,646 $138,550
2019 $6,846 $453,134 $317,300 $135,834
2018 $8,760 $624,240 $436,968 $187,272
2016 $6,684 $456,861 $319,803 $137,058
2015 $6,587 $450,000 $315,000 $135,000
2014 $8,709 $618,707 $473,786 $144,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24031895

California Regional Multiple Listing Service (CRMLS)

APN: 6077-030-004