Seller's Agent in 2021
Lacy Register
Compass
(310) 422-7291
2 in this area
36 Total Sales
1600 W 37th St Los Angeles, CA 90018
Exposition Park NeighborhoodEstimated Value: $976,699 - $1,262,000
7
Beds
4
Baths
3,166
Sq Ft
$350/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Laundry Room
- 1-Story Property
- Park
About This Home
As of February 2021GREAT INVESTMENT OPPORTUNITY IN HOT EXPOSITION PARK! Live in one unit and collect rent on the other 3 units. This well maintained, Jefferson Park triplex is conveniently located minutes from USC, Banc of California Stadium and is within walking distance to the Metro Line. Take advantage of the TOC Tier 3 Density bonus! The buildings total 3,166 SqFt and sit on a large 6,746 SqFt, fully gated, R2-zoned lot. One unit will be delivered vacant. This opportunity is ideal for an investor or owner-occupant to acquire a steady investment in a strong rental market. Prime Location and so much potential. Don't let this one pass you by! Please do not disturb tenants or walk the property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,447
Year Built
- Built in 1910
Lot Details
- 6,746 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 3,166 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Location
- Property is near public transit
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 10
- Tax Tract Number 2225
- Assessor Parcel Number 5041026004
Community Details
Overview
- 2 Buildings
- 4 Units
Recreation
- Park
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $800
- Insurance Expense $1,111
- Maintenance Expense $2,000
- Water Sewer Expense $2,400
- Operating Expense $6,514
- Gross Income $51,996
- Net Operating Income $45,482
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2020
Closed on
Jan 5, 2021
Sold by
Gonzalez David F
Bought by
Morim Navid and Morim Tanya
Seller's Agent
Lacy Register
Compass
List Price
$849,000
Sold Price
$859,000
Premium/Discount to List
$10,000
1.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,675
Avg. Annual Appreciation
4.41%
Original Mortgage
$644,250
Outstanding Balance
$576,541
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$471,763
Purchase Details
Closed on
Sep 3, 1998
Sold by
Gonzalez Virna M
Bought by
Gonzalez David F
Purchase Details
Closed on
Oct 26, 1994
Sold by
Cabrera Julia Irma
Bought by
Gonzalez Virna M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morim Navid | $859,000 | Lawyers Title | |
| Gonzalez David F | -- | -- | |
| Gonzalez Virna M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morim Navid | $644,250 | |
| Previous Owner | Gonzalez David F | $429,000 | |
| Previous Owner | Gonzalez David F | $412,500 | |
| Previous Owner | Gonzalez David F | $296,100 | |
| Previous Owner | Gonzalez David F | $196,000 | |
| Previous Owner | Gonzalez David F | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2021 02/10/21 | Sold | $859,000 | +1.2% | $271 / Sq Ft |
| 01/01/2021 01/01/21 | Pending | -- | -- | -- |
| 12/05/2020 12/05/20 | For Sale | $849,000 | -- | $268 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,447 | $929,807 | $605,078 | $324,729 |
| 2024 | $11,447 | $911,576 | $593,214 | $318,362 |
| 2023 | $11,234 | $893,703 | $581,583 | $312,120 |
| 2022 | $10,724 | $876,180 | $570,180 | $306,000 |
| 2021 | $3,991 | $298,337 | $195,516 | $102,821 |
| 2020 | $4,025 | $295,279 | $193,512 | $101,767 |
| 2019 | $3,881 | $289,490 | $189,718 | $99,772 |
| 2018 | $3,763 | $283,815 | $185,999 | $97,816 |
| 2016 | $3,572 | $272,796 | $178,777 | $94,019 |
| 2015 | $3,524 | $268,699 | $176,092 | $92,607 |
| 2014 | $3,557 | $263,436 | $172,643 | $90,793 |
Source: Public Records
Agents Affiliated with this Home
-
Lacy Register
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20248746
APN: 5041-026-004
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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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