NOT LISTED FOR SALE

Estimated Value: $839,000 - $1,200,000

8 Beds
4 Baths
3,284 Sq Ft
$320/Sq Ft Est. Value

Last Sold October 04, 2012

Last sale price $389,000 $118 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $6,321/month

7 Days on Market

About This Home

As of October 2012

Great fourplex in the heart of Los Angeles. 2 Bedrooms, one bathroom each, all in good condition. with lots of parking trough the back gate. All units are rented, with monthly rental income of $ 3,674. Please don't disturb the tenants. Submit your offer subject to interior inspection. This is a standard sale.

Last Agent to Sell the Property

Moises Martinez

REALTY MASTERS & ASSOCIATES, INC. License #00837282 Listed on: 09/03/2012

REALTY MASTERS & ASSOCIATES, INC.

Last Buyer's Agent

Moises Martinez

REALTY MASTERS & ASSOCIATES, INC. License #00837282 Listed on: 09/03/2012

REALTY MASTERS & ASSOCIATES, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,657

Year Built

  • Built in 1964

Lot Details

  • 4,835

Parking

  • 6 Parking Spaces

Home Design

  • 3,284 Sq Ft Home
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 4,835 Sq Ft Lot
  • Suburban Location
  • Zoned Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 16
  • Assessor Parcel Number 5101014015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • No Pets Allowed

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,657

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5101014015
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 118.45

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Heating Type: Zoned

Condo/Co-op/Association

  • Association: No
  • Amenities: Pets Not Permitted
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 4835.00
  • Lot Size Acres: 0.1110

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 805
  • Lot Size Area: 4835.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 3674.00

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: LAR2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2016
Sold by
Pu Allan
Bought by
Swami Growth 2 Llc
Current Estimated Value
$1,051,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,700,000
Outstanding Balance
$5,528,594
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
-$4,531,671

Purchase Details

Listed on
Sep 3, 2012
Closed on
Sep 11, 2012
Sold by
Amaya Nerio Ismael
Bought by
Pu Allan and Cheng Holly
Seller's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
Buyer's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
May 7, 2010
Sold by
Carrillo Pastor
Bought by
Amaya Nerio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2007
Sold by
Rivas Faustino
Bought by
Carrillo Pastor

Purchase Details

Closed on
Apr 5, 2006
Sold by
Martin Jose A
Bought by
Rivas Faustino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 23, 2001
Sold by
Blanco Mario A
Bought by
Martin Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,697
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2000
Sold by
Calderon Roberto
Bought by
Blanco Mario A and Martin Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,087
Interest Rate
8.22%
Mortgage Type
FHA
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
Swami Growth 2 Llc $599,000 Old Republic Title Company
Pu Allan $389,000 Investors Title Company
Amaya Nerio $260,000 Investors Title Company
Carrillo Pastor -- Investors Title Company
Carrillo Pastor $50,500 Investors Title Company
Carrillo Pastor -- Investors Title Company
Rivas Faustino $630,000 Southland Title Corporation
Martin Jose A -- --
Blanco Mario A $234,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swami Growth 2 Llc $534,000
Closed Swami Growth 2 Llc $518,000
Open Swami Growth 2 Llc $6,700,000
Previous Owner Amaya Nerio $255,290
Previous Owner Rivas Faustino $63,000
Previous Owner Rivas Faustino $504,000
Previous Owner Martin Jose A $412,500
Previous Owner Martin Jose A $82,500
Previous Owner Martin Jose A $78,000
Previous Owner Martin Jose A $30,000
Previous Owner Martin Jose A $247,500
Previous Owner Blanco Mario A $230,697
Previous Owner Blanco Mario A $232,087
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2012 10/04/12 Sold $389,000 0.0% $118 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
09/03/2012 09/03/12 For Sale $389,000 -- $118 / 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 $8,657 $695,184 $230,952 $464,232
2024 $8,657 $681,554 $226,424 $455,130
2023 $8,495 $668,191 $221,985 $446,206
2022 $8,108 $655,090 $217,633 $437,457
2021 $7,995 $642,246 $213,366 $428,880
2019 $7,761 $623,199 $207,039 $416,160
2018 $7,685 $610,980 $202,980 $408,000
2016 $5,148 $404,649 $154,994 $249,655
2015 $5,076 $398,571 $152,666 $245,905
2014 $5,116 $390,765 $149,676 $241,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M12111505

California Regional Multiple Listing Service (CRMLS)

APN: 5101-014-015