NOT LISTED FOR SALE

1513 Hauser Blvd Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,408,000 - $1,607,168

4 Beds
3 Baths
1,938 Sq Ft
$796/Sq Ft Est. Value

Last Sold January 14, 2013

Last sale price $650,000 $335 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $9,235/month

7 Days on Market

About This Home

As of January 2013

This completely redone triplex consisting of one 2 bedroom / 1 bath unit and two 1 bedroom / 1 bath units is located in prime mid-city – just a short walk to the newly revived Pico Blvd corridor with hip restaurants and coffee shops and within close proximity to the Grove and the historic Farmers Market. The property includes stunningly redone 2 bedroom / 1 bath and 1 bedroom/1 bathroom units (both vacant) with brand new kitchens and baths, and real wood floor throughout. The 2 bedroom unit also features an in-unit laundry room. Each unit has an assigned, enclosed garage space, and each unit has a small back yard. Building upgrades include total replacement of the roof, garage doors, landscaping with irrigation system, and partial new windows and electrical. Owner occupants – Welcome! Live in the beautifully redone 2+1 unit and collect $2,590 in rents to pay the entire mortgage and more!

Last Agent to Sell the Property

Alazar Asmamaw

A-Squared Property Inc. License #01844152 Listed on: 11/09/2012

Last Buyer's Agent

Ardavan Rabie

No Firm Affiliation License #01841249

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,906

Year Built

  • Built in 1941

Lot Details

  • 6,749 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • 1,938 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 5091
  • Assessor Parcel Number 5069028018

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,621
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,813
  • Gross Income $4,388
  • Net Operating Income $38,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,906

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 5069028018
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 335.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6749.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 4388.00
  • Gross Scheduled Income: 52656.00
  • Insurance Expense: 1621.00
  • Lot Size Area: 6749.0000 Square Feet
  • Net Operating Income: 38923.00
  • 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: 13734.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7813.00
  • Taxes Percent: 1.25
  • Tax Lot: 18
  • Tax Tract Number: 5091
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2012
Closed on
Jan 22, 2013
Sold by
Schafer Eugene M and Schafer Donna M
Bought by
White Orchid Llc
Seller's Agent
Alazar Asmamaw
A-Squared Property Inc.
Buyer's Agent
Ardavan Rabie
No Firm Affiliation
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Current Estimated Value
$1,543,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$893,292
Avg. Annual Appreciation
7.04%
Original Mortgage
$487,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2012
Closed on
Nov 27, 2012
Sold by
White Cottage Fund Llc
Bought by
Schaffer Eugene M and Schaffer Donna M
Seller's Agent
Alazar Asmamaw
A-Squared Property Inc.
Buyer's Agent
Ardavan Rabie
No Firm Affiliation
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2012
Sold by
Braxton Richard and Braxton Barbara A
Bought by
White Cottage Fund Llc
Source: Public Records

Range of Values:

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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
White Orchid Llc -- None Available
Schaffer Eugene M $650,000 Provident Title Company
White Cottage Fund Llc $338,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaffer Eugene M $487,500
Previous Owner Braxton Richard $234,000
Previous Owner Braxton Richard $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2013 01/14/13 Sold $650,000 +4.0% $335 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
11/09/2012 11/09/12 For Sale $625,000 -- $322 / 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 $9,906 $800,416 $615,709 $184,707
2024 $9,906 $784,723 $603,637 $181,086
2023 $9,723 $769,337 $591,801 $177,536
2022 $9,285 $754,253 $580,198 $174,055
2021 $9,167 $739,465 $568,822 $170,643
2019 $8,900 $717,534 $551,951 $165,583
2018 $8,792 $703,466 $541,129 $162,337
2016 $8,408 $676,151 $520,117 $156,034
2015 $8,288 $665,996 $512,305 $153,691
2014 $8,333 $652,951 $502,270 $150,681
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Alazar Asmamaw

    A-Squared Property Inc.

    Section Image

  • A

    Buyer's Agent in 2013

    Ardavan Rabie

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12138982

California Regional Multiple Listing Service (CRMLS)

APN: 5069-028-018

California Los Angeles County Los Angeles 90019 Mid-City

1513 Hauser Blvd, Los Angeles, CA

This home is located at 1513 Hauser Blvd, Los Angeles, CA 90019 since 09 November 2012 and is currently estimated at $1,543,292, approximately $796 per square foot. This property was built in 1941. 1513 Hauser Blvd is a home located in Los Angeles County with nearby schools including Saturn Street Elementary School, Fairfax High School, and New Los Angeles Charter.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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