NOT LISTED FOR SALE

Estimated Value: $772,000 - $825,000

6 Beds
4 Baths
2,207 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $750,000 $340 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,173/month

11 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Living Room
  • Garden

About This Home

As of September 2022

Great opportunity to own a gated residential triplex in a central Los Angeles location! Located on a tree-lined, tranquil street this spacious lot has fruit trees, a front yard, a courtyard between units and a vegetable garden. The driveway near main unit can fit three cars and the parking area near the alley fits two cars. There are three storage units in the back yard. Each unit is separately metered for gas and electric. Unit One features three bedrooms, two baths. Unit Two is two bedrooms, one bath. Unit Three is one bedroom, one bath. The triplex is close to Exposition Park, the Natural History Museum, California Science Center, LA Memorial Coliseum, Staples Center, USC, Arts District, Little Tokyo, Union Station, Downtown Los Angeles, restaurants, parks, shopping centers and public transportation. Near the 110 FWY & 10 FWY.

Last Agent to Sell the Property

Julia Lipan

Coldwell Banker Realty License #02008494 Listed on: 07/07/2022

Coldwell Banker Realty

Last Buyer's Agent

BRIANNA PEREZ

PONCE & PONCE REALTY, INC License #02088608

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,574

Year Built

  • Built in 1903

Lot Details

  • 6,802 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Garden
  • Back and Front Yard

Home Design

  • Triplex
  • Raised Foundation
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Plaster
  • Stucco

Interior Spaces

  • 2,207 Sq Ft Home
  • Ceiling Fan
  • Entryway
  • Living Room
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available

Additional Features

  • Outdoor Storage
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 125
  • Tax Tract Number 227
  • Assessor Parcel Number 5119027021
  • $457 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $1,200
  • Water Sewer Expense $600
  • Operating Expense $3,200
  • Gross Income $27,840
  • Net Operating Income $24,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,574

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Victorie
  • Other Phone Number: 424-301-0075
  • Price Per Unit: 233333
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 600.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5119027021
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 339.83
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Plaster, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved, Parking Space, Uncovered
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Electric: Standard
  • Heating Type: Central, Natural Gas, Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 6802.00
  • Lot Size Acres: 0.1562

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 468 Square Feet
  • Average2 Bed Area: 652 Square Feet
  • Average3 Bed Area: 1125 Square Feet
  • Gross Income: 27840.00
  • Gross Scheduled Income: 27840.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 6802.0000 Square Feet
  • Net Operating Income: 24640.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 3200.00
  • Rent Control: Yes
  • Total Actual Rent: 2320.00
  • Total Expenses: 3200.00

Tax Info

  • Tax Census Tract: 2270.10
  • Tax Lot: 125
  • Tax Tract Number: 227...
  • TaxOtherAnnualAssessmentAmount: 457.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Rios Maria Luisa
Bought by
Maria Rios Living Trust and Rios
Current Estimated Value
$799,000

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 23, 2022
Sold by
Alcazar Solorzano Raul
Bought by
Rios Maria Luisa
Seller's Agent
Julia Lipan
Coldwell Banker Realty
Buyer's Agent
BRIANNA PEREZ
PONCE & PONCE REALTY, INC
List Price
$700,000
Sold Price
$750,000
Premium/Discount to List
$50,000
7.14%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$562,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2012
Closed on
Mar 8, 2013
Sold by
Alcazar Mirella
Bought by
Solorzano Raul Alcazar
Seller's Agent
Fernando Moreno
Century 21 A Better Service
Buyer's Agent
Fernando Moreno
Century 21 A Better Service
List Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 30, 2012
Closed on
Feb 15, 2013
Sold by
Sardin Curtis W and Sardin Larethia B
Bought by
Solorzano Raul Alcazar
Seller's Agent
Fernando Moreno
Century 21 A Better Service
Buyer's Agent
Fernando Moreno
Century 21 A Better Service
List Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2007
Sold by
Sardin Curtis W
Bought by
Sardin Curtis W and Sardin Larethia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2004
Sold by
Sardin Larethia Bernice
Bought by
Sardin Curtis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2003
Sold by
Edmond Leon
Bought by
Sardin Curtis W

Purchase Details

Closed on
Jul 15, 1996
Sold by
Dixon Ronald Louis and Morgan Regina Dixon
Bought by
Edmonds Leon and Edmonds C J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.42%
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
Maria Rios Living Trust -- None Listed On Document
Rios Maria Luisa $750,000 --
Solorzano Raul Alcazar -- None Available
Solorzano Raul Alcazar $305,000 Provident Title Company
Sardin Curtis W -- None Available
Sardin Curtis W -- Chicago Title
Sardin Curtis W -- --
Edmonds Leon $4,545 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Maria Luisa $562,500
Previous Owner Solorzano Raul Alcazar $299,475
Previous Owner Sardin Curtis W $169,000
Previous Owner Sardin Curtis W $158,000
Previous Owner Edmond Leon $112,200
Previous Owner Edmonds Leon $105,000
Previous Owner Edmonds Leon $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $750,000 +7.1% $340 / Sq Ft
07/07/2022 07/07/22 For Sale $700,000 +134.1% $317 / Sq Ft
01/30/2013 01/30/13 Sold -- -- --
11/30/2012 11/30/12 For Sale $299,000 -- $135 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
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 $9,574 $780,300 $551,412 $228,888
2024 $9,574 $765,000 $540,600 $224,400
2023 $9,392 $750,000 $530,000 $220,000
2022 $4,599 $353,912 $220,470 $133,442
2021 $4,535 $346,974 $216,148 $130,826
2020 $4,575 $343,417 $213,932 $129,485
2019 $4,407 $336,685 $209,738 $126,947
2018 $4,272 $330,084 $205,626 $124,458
2016 $4,069 $317,269 $197,643 $119,626
2015 $4,013 $312,505 $194,675 $117,830
2014 $4,045 $306,384 $190,862 $115,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22139415

California Regional Multiple Listing Service (CRMLS)

APN: 5119-027-021