NOT LISTED FOR SALE

Estimated Value: $717,609 - $917,000

6 Beds
3 Baths
2,604 Sq Ft
$308/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $672,000 $258 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,922/month

88 Days on Market

About This Home

As of May 2022

Excellent Triplex Investment Opportunity! Great Financials, Convenient location near USC & 110 freeway. Near schools, restaurants, and shopping centers. The property is separately metered for gas and electricity. Property is performing at market rents, GREAT FINANCIALS! ALMOST 10% CAP RATE!!

Last Agent to Sell the Property

Mark Perez

Circle Real Estate License #01279393 Listed on: 12/04/2021

Circle Real Estate

Co-Listed By

Sandra Navarro

Circle Real Estate License #02148448

Last Buyer's Agent

Mauricio Sanchez

RE/MAX TIME REALTY License #01716728

RE/MAX TIME REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 5,330 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,604 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 43 / L
  • Assessor Parcel Number 5101015026
  • $383 per year additional tax assessments

Community Details

Overview

  • 3 Units

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $1,000
  • Maintenance Expense $1,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • Operating Expense $4,000
  • Net Operating Income $71,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1000.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5101015026
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 258.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Dog Park, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5330.00
  • Lot Size Acres: 0.1224

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1000.00
  • Gross Scheduled Income: 76200.00
  • Lot Size Area: 5330.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 71200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 4000.00
  • Rent Control: Yes
  • Total Expenses: 4000.00

Tax Info

  • Tax Block: L
  • Tax Census Tract: 2294.10
  • Tax Lot: 43
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 383.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2020
Sold by
Le Kathleen C and Le Andy
Bought by
Le Andy
Current Estimated Value
$800,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,500
Outstanding Balance
$327,428
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$473,474

Purchase Details

Closed on
Apr 23, 2018
Sold by
Le Andy
Bought by
Phai Llc

Purchase Details

Closed on
Feb 7, 2018
Sold by
Le Kathleen C
Bought by
Le Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2018
Sold by
Mai Henry C
Bought by
Le Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2017
Sold by
Nguyen Thinhvuong
Bought by
Mai Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2017
Sold by
Rpd Investments & Development Llc
Bought by
Mai Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2016
Sold by
Cardona Eleuterio and Cardona Rosa
Bought by
Rdp Investments & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2002
Sold by
Cardona Eleuterio and Cardona Rosa E
Bought by
Cardona Eleuterio and Cardona Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Interest Rate
6.78%

Purchase Details

Closed on
Sep 28, 1993
Sold by
Cardona Mario H and Cardona Eleuterio
Bought by
Cardona Eleuterio and Cardona Rosa E
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
Le Andy -- Orange Coast Title Company
Phai Llc -- None Available
Le Andy -- Orange Coast Title Company
Le Andy -- None Available
Mai Henry -- None Available
Mai Henry $480,000 Ticor Title
Rdp Investments & Development Llc $287,000 Western Resources Title
Cardona Eleuterio -- First American Title Co
Cardona Eleuterio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Andy $369,500
Previous Owner Le Andy $375,000
Previous Owner Mai Henry $374,400
Previous Owner Rdp Investments & Development Llc $287,000
Previous Owner Cardona Eleuterio $141,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $672,000 -3.9% $258 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/03/2022 02/03/22 Price Changed $699,000 -2.4% $268 / Sq Ft
01/24/2022 01/24/22 For Sale $715,900 0.0% $275 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
01/03/2022 01/03/22 Price Changed $715,900 -3.1% $275 / Sq Ft
12/04/2021 12/04/21 For Sale $739,000 -- $284 / 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 $8,802 $713,130 $500,889 $212,241
2024 $8,802 $699,148 $491,068 $208,080
2023 $8,636 $685,440 $481,440 $204,000
2022 $7,626 $619,369 $412,226 $207,143
2021 $7,524 $607,226 $404,144 $203,082
2020 $7,313 $577,422 $416,160 $161,262
2019 $7,031 $566,100 $408,000 $158,100
2018 $6,060 $480,000 $300,000 $180,000
2017 $2,577 $191,742 $86,653 $105,089
2016 $2,491 $187,983 $84,954 $103,029
2015 $2,457 $185,160 $83,678 $101,482
2014 $2,485 $181,534 $82,039 $99,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21257029

California Regional Multiple Listing Service (CRMLS)

APN: 5101-015-026