NOT LISTED FOR SALE

1539 Ricardo St Los Angeles, CA 90033

Estimated Value: $1,510,000 - $2,019,000

9 Beds
7 Baths
3,622 Sq Ft
$501/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $1,710,000 $472 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,724/month

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • Abraham Lincoln High School Rated A

About This Home

As of April 2022

Highly Desirable 4plex just walking distance from Keck Medical School and minutes from Downtown! Three out of the four units are built in 2008 and fully upgraded in 2018 with Central A/C and Heat, very high-quality kitchens, bathrooms, and finishes throughout with recessed lighting, subway tile, stainless steel appliances, in-unit washer/dryers and much more! Also the front detached home is 1,250 SF and 3Br+1Ba, with newly exterior paint, hardwood floors, recessed lighting, arched ceilings and fireplace! With over a $10,000 per month in income as performing and proforma of $12000-$13000 per month, this property is a Can’t miss opportunity! Entered for MLS Comp purposes only- property was sold Off market

Last Agent to Sell the Property

Prashant Sampat

Pacific Avenue Realty License #01916221 Listed on: 04/27/2022

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221 Listed on: 04/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,929

Year Built

  • Built in 1939

Lot Details

  • 7,498 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Density is 2-5 Units/Acre

Interior Spaces

  • 3,622 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 18 / 16
  • Assessor Parcel Number 5202015018
  • $548 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,929

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Other Phone Description: 5628410227
  • Price Per Unit: 427500
  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5202015018
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 472.11

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Sq Ft: 7498.00
  • Lot Size Acres: 0.1721

Multi Family

  • Gross Scheduled Income: 120000.00
  • Lot Size Area: 7498.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 2031.00
  • Tax Lot: 18
  • Tax Tract Number: 00000
  • TaxOtherAnnualAssessmentAmount: 548.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Mar 14, 2022
Sold by
Usc Villa Apartments Llc
Bought by
Hsu Grace and Hui Nan
Seller's Agent
Prashant Sampat
Pacific Avenue Realty
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$1,710,000
Sold Price
$1,710,000
Current Estimated Value
$1,816,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,427
Avg. Annual Appreciation
1.83%
Original Mortgage
$1,197,000
Outstanding Balance
$1,127,757
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$688,670

Purchase Details

Listed on
Nov 14, 2018
Closed on
Mar 14, 2019
Sold by
Abanobi Kelechi
Bought by
Usc Villa Apartments Llc
Seller's Agent
Dana Coronado
Compass
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$1,725,000
Sold Price
$1,575,000
Premium/Discount to List
-$150,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$1,260,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 28, 2019
Sold by
Usc Village Properties Llc
Bought by
Abanobi Kelechi
Seller's Agent
Dana Coronado
Compass
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$1,725,000
Sold Price
$1,575,000
Premium/Discount to List
-$150,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 22, 2019
Sold by
Ohebsion Abraham
Bought by
Usc Village Properties Llc
Seller's Agent
Dana Coronado
Compass
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$1,725,000
Sold Price
$1,575,000
Premium/Discount to List
-$150,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 12, 2016
Sold by
Ohebsion Shahnaz
Bought by
Obebsion Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2016
Closed on
Jun 27, 2016
Sold by
Duran Dario and Duran Guadalupe
Bought by
Ohebsion Abraham
Seller's Agent
DINA FLAMENCO
CENTURY 21 REALTY TEAM
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.29%

Purchase Details

Closed on
Jul 1, 2010
Sold by
Reel Sense Llc
Bought by
Reel Properties Llc

Purchase Details

Closed on
May 20, 2005
Sold by
Duran Dario and Duran Guadalupe
Bought by
Duran Dario and Duran Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
5.63%
Mortgage Type
New Conventional
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
Hsu Grace $1,710,000 Priority Title
Usc Villa Apartments Llc -- Accommodation
Abanobi Kelechi $1,575,000 Lawyers Title
Usc Village Properties Llc -- Lawyers Title Company
Obebsion Abraham -- Pacific Coast Title Company
Ohebsion Abraham $390,000 First American Title Company
Reel Properties Llc -- None Available
Duran Dario -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Grace $1,197,000
Previous Owner Abanobi Kelechi $1,260,000
Previous Owner Ohebsion Abraham $675,000
Previous Owner Obebsion Abraham $335,500
Previous Owner Duran Dario $193,000
Previous Owner Duran Dario $35,000
Previous Owner Duran Dario $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $1,710,000 0.0% $472 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $1,710,000 0.0% $472 / Sq Ft
04/13/2021 04/13/21 Rented $2,900 0.0% --
03/29/2021 03/29/21 Price Changed $2,900 -9.2% $2 / Sq Ft
02/26/2021 02/26/21 Price Changed $3,195 -3.0% $3 / Sq Ft
02/16/2021 02/16/21 Price Changed $3,295 -2.9% $3 / Sq Ft
02/04/2021 02/04/21 For Rent $3,395 0.0% --
02/12/2019 02/12/19 Sold $1,575,000 -1.3% $435 / Sq Ft
01/16/2019 01/16/19 Price Changed $1,595,000 -7.5% $440 / Sq Ft
11/14/2018 11/14/18 For Sale $1,725,000 +342.3% $476 / Sq Ft
06/30/2016 06/30/16 Sold $390,000 -2.5% $329 / Sq Ft
03/31/2016 03/31/16 For Sale $400,000 0.0% $338 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $400,000 -- $338 / 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 $21,929 $1,814,665 $1,061,208 $753,457
2024 $21,929 $1,779,084 $1,040,400 $738,684
2023 $21,505 $1,744,200 $1,020,000 $724,200
2022 $19,873 $1,655,604 $919,780 $735,824
2021 $19,624 $1,623,143 $901,746 $721,397
2020 $19,823 $1,606,500 $892,500 $714,000
2019 $8,830 $705,670 $331,096 $374,574
2018 $6,148 $495,755 $324,604 $171,151
2016 $4,236 $338,864 $237,427 $101,437
2015 $4,176 $333,775 $233,861 $99,914
2014 $4,197 $327,237 $229,280 $97,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22078551

California Regional Multiple Listing Service (CRMLS)

APN: 5202-015-018