NOT LISTED FOR SALE

Estimated Value: $790,000 - $986,000

7 Beds
3 Baths
2,008 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 27, 2013

Last sale price $380,000 $189 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,115/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Wood Fence
  • Living Room
  • Tile Flooring
  • 4-minute walk to Slauson Senior Multipurpose Recreation Center

About This Home

As of June 2013

Beautiful newly remodeled LA triplex home ready for move-in today! The perfect opportunity for investors and homeowners alike, all three units of this wonderful property boast gorgeous new hardwood laminate flooring throughout the living rooms! Each unit also features its own newly remodeled chef’s kitchen complete with new tile floors, new cabinets, and stunning new granite counters! All of the pristine newly remodeled bathrooms feature new tile floors, elegant new vanities, and beautiful new shower/bathtubs! Brand new carpet in the bedrooms; freshly painted interior/exterior; laundry area accessible to all three units; located within minutes of schools, parks, Metro Blue Line, 110 freeway, USC, and Downtown. This property is a fantastic owner/investor opportunity.

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 05/17/2013

Last Buyer's Agent

Michelle Kim

The Hills Premier Realty License #01260034

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,881

Year Built

  • Built in 1961

Lot Details

  • 5,400 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Front Yard Sprinklers

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,008 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 8
  • Assessor Parcel Number 5106025007

Community Details

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,000
  • Net Operating Income $4,800

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,881

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5106025007
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Stone, Tile
  • Price Per Square Foot: 189.24
  • Room Type: Living Room

Exterior Features

  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Inside

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 4800.00
  • Lot Size Area: 5400.0000 Square Feet
  • Net Operating Income: 4800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 8
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2013
Closed on
Jun 20, 2013
Sold by
West Ridge Rentals Llc
Bought by
Castillo Santiago
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Michelle Kim
The Hills Premier Realty
List Price
$359,900
Sold Price
$380,000
Premium/Discount to List
$20,100
5.58%
Current Estimated Value
$844,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,593
Avg. Annual Appreciation
6.85%
Original Mortgage
$273,750
Outstanding Balance
$195,961
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$652,946

Purchase Details

Closed on
Jun 5, 2012
Sold by
Sandoval Felipa A
Bought by
West Ridge Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 2002
Sold by
Sandoval Andres
Bought by
Sandoval Felipa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,750
Interest Rate
7.55%

Purchase Details

Closed on
Jul 10, 2000
Sold by
Price William C and Estate Of Alice Mae Smith
Bought by
Sandoval Andres and Sandoval Felipa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,125
Interest Rate
8.16%
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
Castillo Santiago $380,000 Fidelity National Title Co
West Ridge Rentals Llc $222,000 Fidelity National Title Co
Sandoval Felipa A -- Stewart Title
Sandoval Andres $163,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Santiago $273,750
Closed West Ridge Rentals Llc $260,000
Previous Owner West Ridge Rentals Llc $0
Previous Owner Sandoval Felipa A $432,000
Previous Owner Sandoval Felipa A $10,000
Previous Owner Sandoval Felipa A $380,000
Previous Owner Sandoval Felipa A $230,000
Previous Owner Sandoval Felipa A $186,750
Previous Owner Sandoval Andres $17,485
Previous Owner Sandoval Andres $161,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $380,000 +5.6% $189 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $359,900 -- $179 / 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 $5,881 $467,933 $246,282 $221,651
2024 $5,881 $458,758 $241,453 $217,305
2023 $5,771 $449,764 $236,719 $213,045
2022 $5,510 $440,946 $232,078 $208,868
2021 $5,436 $432,301 $227,528 $204,773
2019 $5,278 $419,480 $220,780 $198,700
2018 $5,205 $411,255 $216,451 $194,804
2016 $4,963 $395,288 $208,047 $187,241
2015 $4,893 $389,351 $204,922 $184,429
2014 $4,927 $381,725 $200,908 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13065091

California Regional Multiple Listing Service (CRMLS)

APN: 5106-025-007