NOT LISTED FOR SALE

1572 N Herbert Ave Los Angeles, CA 90063

Estimated Value: $677,000 - $1,324,000

7 Beds
7 Baths
3,163 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: March 9, 2016

Last sale price $370,000 $117 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $5,800 / mo

27 Days on Market

About This Home

As of March 2016

Investor special. 2 story multifamily unit. Approximately 3,163 sq. ft. Detached garage with alley access in rear. To be sold as is and delivered vacant. In need of rehabilitation. Huge lot with alley access. Close to freeway,colleges,manufacturing, and minutes Downtown Los Angeles.All information deemed reliable but not guaranteed. Buyer to do all investigations.

Last Agent to Sell the Property

Hector Vizcarra

SOUTHERN CALIFORNIA HOMES License #01058544 Listed on: 01/28/2016

Last Buyer's Agent

E-Ting Wang

Keller Williams Realty License #01930996

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,003 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Parking Spaces

Home Design

  • 3,163 Sq Ft Home

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating Available
  • Septic Type Unknown

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 6332
  • Assessor Parcel Number 5224024015

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

7,003 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5224024015
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 116.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7003.00
  • Price Per Lot Square Foot: 52.83
  • Lot Size Acres: 0.1610

Multi Family

  • Lot Size Area: 7003.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 6332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Feb 11, 2016
Sold by
Vizcarra Hector
Bought by
Liu Justin
Seller's Agent
Hector Vizcarra
SOUTHERN CALIFORNIA HOMES
Buyer's Agent
E-Ting Wang
Keller Williams Realty
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Current Estimated Value
$968,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,884
Avg. Annual Appreciation
10.01%

Purchase Details

Listed on
Dec 28, 2014
Closed on
Aug 19, 2015
Sold by
Jackson Barbara
Bought by
The Vcd Corporation 401 K Plan
Seller's Agent
Matthew Silva
Silva Real Estate
Buyer's Agent
Juliana Maziarz
SOUTHERN CALIFORNIA HOMES
List Price
$320,000
Sold Price
$333,000
Premium/Discount to List
$13,000
4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.51%

Purchase Details

Closed on
Dec 22, 1994
Sold by
Gams Petronella
Bought by
Gams Anthony
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu Justin $370,000 First American Title Company
The Vcd Corporation 401 K Plan $333,000 First American Title Company
Gams Anthony -- Commonwealth Land Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2016 03/09/16 Sold $370,000 +1.4% $117 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $365,000 +9.6% $115 / Sq Ft
10/08/2015 10/08/15 Sold $333,000 +4.1% $81 / Sq Ft View Prior Sale
02/18/2015 02/18/15 Pending -- -- --
12/28/2014 12/28/14 For Sale $320,000 -- $78 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,986 $477,138 $307,783 $169,355
2024 $6,986 $467,784 $301,749 $166,035
2023 $6,705 $458,613 $295,833 $162,780
2022 $6,520 $449,622 $290,033 $159,589
2021 $6,352 $440,807 $284,347 $156,460
2019 $6,166 $427,734 $275,914 $151,820
2018 $5,962 $412,448 $270,504 $141,944
2016 $6,022 $333,000 $233,000 $100,000
2015 $4,337 $191,810 $95,905 $95,905
2014 $5,018 $188,054 $94,027 $94,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16018681

California Regional Multiple Listing Service (CRMLS)

APN: 5224-024-015

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