NOT LISTED FOR SALE

Estimated Value: $1,239,000 - $1,341,502

7 Beds
6 Baths
4,762 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $800,000 $168 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,289/month

3 Days on Market

Highlights

  • City Lights View
  • Craftsman Architecture
  • Laundry Room
  • Abraham Lincoln High School Rated A
  • Double Pane Windows
  • Tile Flooring

About This Home

As of April 2018

Great investment property that is centrally located to all of the amenities Los Angeles has to offer. The property is minutes from Dodger Stadium, Los Filez and Griffith Park. Property has a large patio area between both buildings where you can enjoy a morning cup of coffee or a weekend family gathering. Back unit also has a side patio area.
The front top units have a nice view of DTLA skyline.

Last Agent to Sell the Property

APOLO ANDRADE

CENTURY 21 REALTY MASTERS License #01776569 Listed on: 12/04/2017

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

APOLO ANDRADE

CENTURY 21 REALTY MASTERS License #01776569 Listed on: 12/04/2017

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,756

Year Built

  • Built in 1895

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Level Lot
  • Back and Front Yard

Home Design

  • Craftsman Architecture
  • Property Attached
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,762 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • City Lights Views

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 17 / c
  • Tax Tract Number 1990
  • Assessor Parcel Number 5205023032

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Insurance Expense $1,915
  • New Taxes Expense $9,500
  • Operating Expense $11,415
  • Gross Income $44,280
  • Net Operating Income $44,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,756

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARD2
  • Architectural Style: Craftsman
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5205023032
  • Year Built: 1895
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 168.00
  • Room Type: Laundry
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • View: City Lights
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street
  • Lot Size Sq Ft: 7501.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 44280.00
  • Gross Scheduled Income: 60504.00
  • Insurance Expense: 1915.00
  • Net Operating Income: 44280.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 16224.00
  • Rent Control: Yes
  • Total Expenses: 11415.00

Tax Info

  • New Taxes Expense: 9500.00
  • Tax Block: c
  • Tax Census Tract: 1990.00
  • Tax Lot: 17
  • Tax Tract Number: 1990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Mckenzie Steve D and Mckenzie Janice A
Bought by
Alsito Oz Llc
Current Estimated Value
$1,290,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$632,969
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$657,632

Purchase Details

Listed on
Dec 4, 2017
Closed on
Mar 9, 2018
Sold by
Montes Michael Angel and The Franciscoa C Montes Revoca
Bought by
Mckenzie Steven D and Mckinzie Janice A
Seller's Agent
APOLO ANDRADE
CENTURY 21 REALTY MASTERS
Buyer's Agent
APOLO ANDRADE
CENTURY 21 REALTY MASTERS
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$480,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2014
Sold by
Montes Francisca C
Bought by
Montes Francisca C and Montes Revocable L Francisca C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alsito Oz Llc $1,200,000 Fidelity National Title
Mckenzie Steven D $800,000 Wfg National Title Company O
Montes Francisca C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alsito Oz Llc $650,000
Previous Owner Mckenzie Steven D $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $800,000 0.0% $168 / Sq Ft
02/05/2018 02/05/18 Price Changed $800,000 0.0% $168 / Sq Ft
02/05/2018 02/05/18 For Sale $800,000 +5.3% $168 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
12/04/2017 12/04/17 For Sale $760,000 -- $160 / 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 $15,756 $1,248,480 $842,724 $405,756
2024 $15,756 $1,224,000 $826,200 $397,800
2023 $11,565 $874,913 $612,440 $262,473
2022 $11,060 $857,759 $600,432 $257,327
2021 $10,909 $840,941 $588,659 $252,282
2019 $10,602 $816,000 $571,200 $244,800
2018 $1,801 $74,938 $30,392 $44,546
2016 $1,642 $72,030 $29,213 $42,817
2015 $1,629 $70,949 $28,775 $42,174
2014 $1,676 $69,560 $28,212 $41,348
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17267045

California Regional Multiple Listing Service (CRMLS)

APN: 5205-023-032