NOT LISTED FOR SALE

157 W 98th St Los Angeles, CA 90003

Broadway-Manchester Neighborhood

Estimated Value: $560,000 - $703,000

4 Beds
2 Baths
1,200 Sq Ft
$521/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $265,000 $221 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,770/month

29 Days on Market

About This Home

As of April 2014

Very nice income property for a first time buyer, this property has been totally rehab. The property lot can be use to add two more units. New fridge Oven will come with the unit. Perfect for an FHA buyer and building is FHA approved.

Last Agent to Sell the Property

Nasir Shaikh

Westgate Properties License #01454964 Listed on: 01/08/2014

Last Buyer's Agent

Dora Alvarez

First Family Homes License #01423877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1963

Lot Details

  • 5,407 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 1
  • Assessor Parcel Number 6053014027

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $50
  • Trash Expense $30
  • Water Sewer Expense $30
  • Gross Income $625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,338

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 30.00
  • Property Type: Residential Income
  • Parcel Number: 6053014027
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Bath, Dining Room
  • Price Per Square Foot: 220.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 30.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5407.00
  • Lot Size Acres: 0.1240

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 625.00
  • Gross Scheduled Income: 625.00
  • Lot Size Area: 5407.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 1/2
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Mar 19, 2014
Sold by
Rojhani Hamid
Bought by
Rivera Victor M
Seller's Agent
Nasir Shaikh
Westgate Properties
Buyer's Agent
Dora Alvarez
First Family Homes
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$625,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,405
Avg. Annual Appreciation
7.81%
Original Mortgage
$242,673
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 5, 2012
Closed on
Mar 7, 2013
Sold by
Carter Albert C and Carter Vicky D
Bought by
Rojhani Hamid
Seller's Agent
Nasir Shaikh
Westgate Properties
Buyer's Agent
Nasir Shaikh
Westgate Properties
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
152.98%
Original Mortgage
$100,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2006
Sold by
Carter Albert C and Carter Vicky D
Bought by
Carter Albert C
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
Rivera Victor M $265,000 Chicago Title Company
Rojhani Hamid $100,000 Chicago Title
Carter Albert C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Victor M $340,000
Closed Rivera Victor M $247,000
Previous Owner Rivera Victor M $242,673
Previous Owner Rojhani Hamid $125,000
Previous Owner Rojhani Hamid $100,000
Previous Owner Carter Albert C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $265,000 -3.6% $221 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $275,000 +175.0% $229 / Sq Ft
04/12/2013 04/12/13 Sold $100,000 -- $83 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
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 $4,338 $324,843 $220,649 $104,194
2024 $4,338 $318,474 $216,323 $102,151
2023 $4,259 $312,231 $212,082 $100,149
2022 $4,073 $306,110 $207,924 $98,186
2021 $4,019 $300,109 $203,848 $96,261
2019 $3,903 $291,208 $197,802 $93,406
2018 $3,833 $285,499 $193,924 $91,575
2016 $3,656 $274,415 $186,395 $88,020
2015 $3,601 $270,294 $183,596 $86,698
2014 $2,470 $170,771 $130,590 $40,181
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nasir Shaikh

    Westgate Properties

  • D

    Buyer's Agent in 2014

    Dora Alvarez

    First Family Homes

    (323) 376-3781

    1 in this area

    10 Total Sales

    Dora Alvarez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13224940

California Regional Multiple Listing Service (CRMLS)

APN: 6053-014-027

California Los Angeles County Los Angeles 90003 Broadway-Manchester

157 W 98th St, Los Angeles, CA

This home is located at 157 W 98th St, Los Angeles, CA 90003 since 08 January 2014 and is currently estimated at $625,405, approximately $521 per square foot. This property was built in 1963. 157 W 98th St is a home located in Los Angeles County with nearby schools including Charles W. Barrett Elementary School, Bret Harte Preparatory Middle School, and Alliance College-Ready Middle Academy No. 4.

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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