NOT LISTED FOR SALE

Estimated Value: $643,415 - $721,000

3 Beds
3 Baths
1,584 Sq Ft
$426/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $610,000 $385 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,972/month

18 Days on Market

Highlights

  • Granite Countertops
  • Accessible Parking
  • Wrought Iron Fence
  • Living Room
  • Tile Flooring
  • Wall Furnace

About This Home

As of January 2024

Great 3 unit property that is close to USC, South Park, Huntington Park and the City of Vernon. Property is a total of 3 units with 1 bedroom and 1 bath each. All units are well kept and there are some upgrades. Property offers a long driveway with multiple parking spaces in the rear of the property. There is large basement under the units for quick access to plumbing, electrical and ample space for storage. Property is on a nice, quiet street with plenty of parking at all hours. The current tenants are all nice and friendly and keep the premisses clean and organized. This property is a must see.

Last Agent to Sell the Property

APOLO ANDRADE

CENTURY 21 REALTY MASTERS License #01776569 Listed on: 09/22/2023

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

APOLO ANDRADE

CENTURY 21 REALTY MASTERS License #01776569 Listed on: 09/22/2023

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,854

Year Built

  • Built in 1925

Lot Details

  • 5,859 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Brick Fence
  • Chain Link Fence
  • Back and Front Yard

Home Design

  • Triplex
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Granite Countertops
  • Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 70
  • Tax Tract Number 4219
  • Assessor Parcel Number 6022003039
  • $368 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $3,600
  • Net Operating Income $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,854

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: (323)717-4630
  • Price Per Unit: 193333
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR1
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6022003039
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Entry Location: street
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 385.10
  • Room Type: All Bedrooms Down, Basement, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Brick, Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater, Vented Exhaust Fan
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace
  • 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
  • Lot Size Sq Ft: 5859.00
  • Lot Size Acres: 0.1345

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1200.00
  • Gross Scheduled Income: 3090.00
  • Lot Size Area: 5859.0000 Square Feet
  • Net Operating Income: 200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 100.00
  • Rent Control: Yes
  • Total Expenses: 3600.00

Tax Info

  • Tax Census Tract: 2396.01
  • Tax Lot: 70
  • Tax Tract Number: 4219
  • TaxOtherAnnualAssessmentAmount: 368.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2023
Sold by
Garcia Francisco J and Gonzalez Mario R
Bought by
161 E 75Th Llc
Current Estimated Value
$675,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,800
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2015
Sold by
Garcia Francisco J
Bought by
Garcia Francisco J and Gonzalez Mario R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1999
Sold by
Garcia Bertha
Bought by
Garcia Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,397
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1994
Sold by
Garcia Bertha
Bought by
Garcia Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,178
Interest Rate
9.08%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 1994
Sold by
Gasso Anthony and Gasso Rosemarie A
Bought by
Garcia Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,178
Interest Rate
9.08%
Mortgage Type
FHA
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
161 E 75Th Llc $593,000 Wfg National Title
Garcia Francisco J -- Usa National Title Company
Garcia Francisco J -- Usa National Title Company
Garcia Francisco J -- Gateway Title Company
Garcia Francisco J -- --
Garcia Francisco J $753,454 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 161 E 75Th Llc $355,800
Previous Owner Garcia Francisco J $195,000
Previous Owner Garcia Francisco J $150,000
Previous Owner Garcia Francisco J $155,500
Previous Owner Garcia Francisco J $154,397
Previous Owner Garcia Francisco J $142,178
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $610,000 +5.2% $385 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $580,000 -- $366 / 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 $3,854 $604,860 $397,800 $207,060
2024 $3,854 $290,067 $136,510 $153,557
2023 $3,785 $284,381 $133,834 $150,547
2022 $3,617 $278,806 $131,210 $147,596
2021 $3,568 $273,340 $128,638 $144,702
2019 $3,467 $265,234 $124,823 $140,411
2018 $3,382 $260,034 $122,376 $137,658
2016 $2,747 $209,980 $96,476 $113,504
2015 $2,710 $206,827 $95,027 $111,800
2014 $2,738 $202,776 $93,166 $109,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB23177336

California Regional Multiple Listing Service (CRMLS)

APN: 6022-003-039