NOT LISTED FOR SALE

Estimated Value: $889,000 - $933,554

7 Beds
3 Baths
2,852 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $640,000 $224 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,739/month

73 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Landscaped

About This Home

As of May 2019

GREAT TRIPLEX INVESTMENT OPPORTUNITY IN LOS ANGELES. RARE FIRST TIME BUYER OWNER OCCUPANT OPPORTUNITY WITH IMMEDIATE RENTAL INCOME AVAILABLE! Good curb appeal. Front unit is 1 bedroom I bath with indoor laundry room. Side patio area with private entry. The unit has had numerous upgrades to flooring and bathroom. The 2nd unit is a 3 bedroom 1 bath. Nicely upgraded hardwood floors and paint. Large interior laundry room. Unit in the rear is a separate 3 bedroom 3 bath house with a private back yard and additional storage room. Large spacious living room and interior laundry room. Two units are Section and due for rent increase review. New roof installed a year ago. Plenty of assigned parking space on-site. Stable cash-flow in a rapidly appreciating section of Los Angeles. Minutes away from 110 Fwy giving quick access to Downtown Los Angeles. Surface street access to Inglewood or LAX area. Many city-approved commercial projects on their way up fueling the pace of economic growth in the region.

Last Agent to Sell the Property

Julio Bonilla

Keller Williams Pacific Estates License #01281205 Listed on: 02/22/2019

Keller Williams Pacific Estates

Last Buyer's Agent

FRANK RIOS

HAWES REAL ESTATE License #01271871

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,899

Year Built

  • Built in 1928

Lot Details

  • 7,076 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Sprinkler System
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 2,852 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 225
  • Tax Tract Number 4511
  • Assessor Parcel Number 6034011007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $840
  • Water Sewer Expense $4,800
  • New Taxes Expense $8,000
  • Operating Expense $1
  • Gross Income $43,464
  • Net Operating Income $37,024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,899

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4800.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 6034011007
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 224.40

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Lawn, Sprinkler System
  • Lot Size Sq Ft: 7076.00
  • Lot Size Acres: 0.1624

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 43464.00
  • Gross Scheduled Income: 43464.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7076.0000 Square Feet
  • Net Operating Income: 37024.00
  • 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: 6440.00
  • Rent Control: Yes
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Census Tract: 2382.00
  • Tax Lot: 225
  • Tax Tract Number: 4511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 28, 2019
Sold by
Twinboss Llc
Bought by
Jones Mark Randell
Seller's Agent
Julio Bonilla
Keller Williams Pacific Estates
Buyer's Agent
FRANK RIOS
HAWES REAL ESTATE
List Price
$640,000
Sold Price
$640,000
Current Estimated Value
$912,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,688
Avg. Annual Appreciation
5.83%
Original Mortgage
$0
Interest Rate
4.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 4, 2018
Sold by
Bonilla Diana
Bought by
Twinboss Llc

Purchase Details

Closed on
Dec 15, 2016
Sold by
Bonilla Edgar
Bought by
Bonilla Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Perez Alfonso and Perez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Hermosillo Juana
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 15, 2005
Sold by
Porter Le Roy M
Bought by
Hermosillo Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
8.42%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 26, 2004
Sold by
Porter Leroy M and Porter Leroy M
Bought by
Porter Leroy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2004
Sold by
Porter Dolores G
Bought by
Porter Leroy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2004
Sold by
Everage Allie B and Williams Chester D
Bought by
Porter Leroy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2001
Sold by
Leventhal Russel S and Leventhal Jodi E
Bought by
Leventhal Jodi E

Purchase Details

Closed on
Oct 28, 1997
Sold by
Williams Lena M
Bought by
Everage Allie B and Williams Chester D
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
Jones Mark Randell $640,000 Wfg National Title Co Of Ca
Twinboss Llc -- None Available
Bonilla Diana -- Pacific Coast Title Company
Bonilla Diana -- None Available
Perez Alfonso $235,000 Lawyers Title Company
Jpmorgan Chase Bank National Association $244,000 None Available
Hermosillo Juana $565,000 Ticor Title Co Glendale
Porter Leroy M -- Commerce Title Company
Porter Leroy M -- Commerce Title Company
Porter Leroy M -- --
Leventhal Jodi E -- Fidelity National Title Co
Everage Allie B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Mark Randell $82,000
Closed Jones Mark Randell $0
Open Jones Mark Randell $701,500
Previous Owner Bonilla Diana $170,000
Previous Owner Perez Alfonso $176,250
Previous Owner Hermosillo Juana $500,000
Previous Owner Hermosillo Juana $112,000
Previous Owner Hermosillo Juana $565,000
Previous Owner Porter Leroy M $16,500
Previous Owner Porter Leroy M $360,000
Previous Owner Porter Leroy M $260,000
Previous Owner Porter Leroy M $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $640,000 0.0% $224 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $640,000 -- $224 / 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 $8,899 $713,927 $501,981 $211,946
2024 $8,899 $699,930 $492,139 $207,791
2023 $8,736 $686,207 $482,490 $203,717
2022 $8,344 $672,753 $473,030 $199,723
2021 $8,230 $659,562 $463,755 $195,807
2020 $8,309 $652,800 $459,000 $193,800
2019 $8,668 $697,680 $488,376 $209,304
2018 $6,286 $494,700 $341,700 $153,000
2016 $3,381 $256,241 $163,558 $92,683
2015 $3,336 $252,393 $161,102 $91,291
2014 $3,368 $247,450 $157,947 $89,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19041608

California Regional Multiple Listing Service (CRMLS)

APN: 6034-011-007