NOT LISTED FOR SALE

1530 N Soto St Los Angeles, CA 90033

Estimated Value: $1,277,000 - $1,678,165

8 Beds
6 Baths
4,750 Sq Ft
$312/Sq Ft Est. Value

Last Sold January 13, 2015

Last sale price $891,500 $188 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,181/month

32 Days on Market

Highlights

  • Newly Remodeled
  • Primary Bedroom Suite
  • Property is near a park
  • Abraham Lincoln High School Rated A
  • City Lights View
  • 4-minute walk to Hazard Recreation Center

About This Home

As of January 2015

Brand New Construction! The front unit is a detached single family home with garage. The house has 1,650 square feet of living space with 4 bedrooms / 3 bathrooms. The rear building is a townhouse-style duplex. The units are side-by-side, each having 1,550 square feet of living space with 4 bedrooms / 3 bathrooms. This is an ideal property for an owner-occupier or investment. Be the first to live in this beautiful home with an open concept floor plan that is ideal for entertaining family and guests. Amenities include custom kitchen cabinets and vanities, granite counter tops throughout, distressed hardwood laminate, tile and carpet flooring, recessed lighting, crown molding, central heating. The house and duplex are separately metered. The property is directly across from the USC Medical Center with its grand entrance that is under construction, and is centrally located to the 10, 5 and 710 Freeways, Downtown LA, Dodger Stadium and CSULA. Each unit has amazing views of the rolling hills that surround it.

Last Agent to Sell the Property

Matthew Souza

Edgewater Realty Associates License #01893613 Listed on: 10/03/2014

Last Buyer's Agent

Ken Shapiro

Silverwood Properties License #01715663

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,351

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 7,498 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Landscaped

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Property Views

  • City Lights
  • Hills
  • Park or Greenbelt

Home Design

  • Property Attached

Interior Spaces

  • 4,750 Sq Ft Home
  • Living Room
  • Laundry Room

Kitchen

  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Suite
  • 6 Bathrooms

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 5202015009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,260
  • Other Expense $3,000
  • Water Sewer Expense $3,240
  • New Taxes Expense $11,463
  • Gross Income $6,750
  • Net Operating Income $59,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,351

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 3240.00
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 5202015009
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 187.68
  • Room Type: Living Room, Master Suite

Exterior Features

  • View: City Lights, Hills, Park/Greenbelt
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Landscaped, Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 7498.00
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 6750.00
  • Gross Scheduled Income: 81000.00
  • Insurance Expense: 1260.00
  • Lot Size Area: 7498.0000 Square Feet
  • Net Operating Income: 59608.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 18963.00
  • Other Expense: 3000.00
  • Other Expense Description: R&M
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11463.00
  • Tax Lot: 8
  • Tax Tract Number: BOSTN
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
Jan 8, 2015
Sold by
Ebrahimi Nicole
Bought by
Fani Rod
Seller's Agent
Matthew Souza
Edgewater Realty Associates
Buyer's Agent
Ken Shapiro
Silverwood Properties
List Price
$917,000
Sold Price
$891,500
Premium/Discount to List
-$25,500
-2.78%
Current Estimated Value
$1,480,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,222
Avg. Annual Appreciation
6.30%
Original Mortgage
$553,900
Outstanding Balance
$427,187
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,277,946

Purchase Details

Closed on
Nov 7, 2014
Sold by
Reel Properties Llc
Bought by
Fani Rod

Purchase Details

Closed on
Jun 3, 2010
Sold by
Kayser Ofilia
Bought by
Reel Sense Llc

Purchase Details

Closed on
Nov 7, 2001
Sold by
Rodriguez Celestino Copos and August 17 1992 Celestino Rodri
Bought by
Rodriguez Celestino Cobos and 2001 Celestino Cobos Rodriguez
Source: Public Records

Range of Values:

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Average Value
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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
Fani Rod -- First American Title
Fani Rod $891,500 North American Title
Reel Sense Llc $132,000 Lawyers Title Company
Kayser Ofilia -- Lawyers Title Company
Kayser Ofilia -- Lawyers Title Company
Rodriguez Celestino Cobos -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fani Rod $553,900
Closed Fani Rod $553,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2015 01/13/15 Sold $891,500 -2.8% $188 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $917,000 -- $193 / 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 $13,351 $1,071,318 $456,577 $614,741
2024 $13,351 $1,050,313 $447,625 $602,688
2023 $13,101 $1,029,720 $438,849 $590,871
2022 $12,508 $1,009,531 $430,245 $579,286
2021 $12,337 $989,737 $421,809 $567,928
2020 $12,455 $979,589 $417,484 $562,105
2019 $11,977 $960,383 $409,299 $551,084
2018 $11,806 $941,553 $401,274 $540,279
2016 $11,256 $904,993 $385,693 $519,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14213124

California Regional Multiple Listing Service (CRMLS)

APN: 5202-015-026