NOT LISTED FOR SALE

Estimated Value: $730,000 - $937,682

3 Beds
4 Baths
1,680 Sq Ft
$498/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $719,500 $428 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,185/month

83 Days on Market

About This Home

As of September 2022

This property has 3 units, front house is 2 bedrooms 2 bathrooms with a large attic being used as extra bonus rooms, This unit has brand new cabinets in the kitchen, new quartz countertops, new paint inside out, new flooring throughout the house, the middle unit is a large 1 bedroom 1 bath with new paint inside and out rented out, and in the back there is a large garage/bonus room that has been converted into a single unit, Great opportunity weather you want to purchase as an investment or live on one unit and rent the other units. This property provides a large driveway with lots of room for parking entrance, Great fences on both sides of the property. Central locations to LA Memorial Coliseum, California Science Center, USC, Staple Center, Downtown Los Angeles, museums, restaurants, parks, shopping centers, and more, plus easy access to the 110 FWY & 10 FWY, 20 minutes to SoFi Stadium.

Last Agent to Sell the Property

Martin Gonzalez

Realty Executives All Cities License #01204139 Listed on: 04/29/2022

Realty Executives All Cities

Last Buyer's Agent

Claudia Solis

Keller Williams SELA License #01934510

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,147

Year Built

  • Built in 1914

Lot Details

  • 5,639 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 1,680 Sq Ft Home
  • Living Room with Fireplace
  • Laminate Flooring
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 22 / B
  • Tax Tract Number 2
  • Assessor Parcel Number 5106015004
  • $289 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,400
  • Water Sewer Expense $3,000
  • Operating Expense $5,900
  • Gross Income $60,000
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,147

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 241667
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 3000.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5106015004
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Fireplace Features: Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 428.27

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5639.00
  • Lot Size Acres: 0.1295

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5639.0000 Square Feet
  • Net Operating Income: 42000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 15000.00
  • Rent Control: Yes
  • Total Actual Rent: 1400.00
  • Total Expenses: 5900.00
  • Vacancy Allowance: 3000
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 2288.00
  • Tax Lot: 22
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 289.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Sep 12, 2022
Sold by
All Cities Investments Inc
Bought by
Herrera Williams Cuellar
Seller's Agent
Martin Gonzalez
Realty Executives All Cities
Buyer's Agent
Claudia Solis
Keller Williams SELA
List Price
$725,000
Sold Price
$719,500
Premium/Discount to List
-$5,500
-0.76%
Views
13
Current Estimated Value
$836,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,171
Avg. Annual Appreciation
4.99%
Original Mortgage
$622,277
Outstanding Balance
$592,382
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$244,289

Purchase Details

Closed on
Jan 4, 2022
Sold by
Manzo Calderon Roberto
Bought by
Bear Flag Homes Llc

Purchase Details

Closed on
Jan 9, 1997
Sold by
Bazan Jesus and Bazan Cristina
Bought by
Manzo Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,931
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 1996
Sold by
Chase Mtg Services Inc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,450
Interest Rate
8.11%

Purchase Details

Closed on
Oct 2, 1996
Sold by
Federal National Mortgage Association
Bought by
Bazan Jesus and Bazan Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,450
Interest Rate
8.11%

Purchase Details

Closed on
Jun 25, 1996
Sold by
Chase Mtg Services Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 21, 1996
Sold by
Santoyo Salvador and Santoyo Belen
Bought by
Chase Mtg Services Inc
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
Herrera Williams Cuellar $719,500 Lawyers Title
Bear Flag Homes Llc $520,000 Provident Title
Manzo Roberto $138,000 Benefit Land Title Company
Federal National Mortgage Association -- Commonwealth Land Title Co
Bazan Jesus $93,500 Commonwealth Land Title Co
Federal National Mortgage Association -- Fidelity National Title
Chase Mtg Services Inc $110,810 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Williams Cuellar $622,277
Previous Owner Manzo Roberto $135,931
Previous Owner Bazan Jesus $79,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $719,500 -0.8% $428 / Sq Ft
07/12/2022 07/12/22 For Sale $725,000 +0.8% $432 / Sq Ft
07/05/2022 07/05/22 Off Market $719,500 -- --
04/29/2022 04/29/22 For Sale $725,000 -- $432 / 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 $9,147 $748,567 $572,220 $176,347
2024 $9,147 $733,890 $561,000 $172,890
2023 $8,935 $719,500 $550,000 $169,500
2022 $6,144 $508,389 $310,341 $198,048
2021 $6,064 $498,421 $304,256 $194,165
2019 $5,394 $442,000 $269,800 $172,200
2018 $5,161 $420,000 $256,400 $163,600
2016 $4,332 $354,000 $205,500 $148,500
2015 $3,808 $310,000 $180,000 $130,000
2014 $3,539 $280,000 $150,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22086653

California Regional Multiple Listing Service (CRMLS)

APN: 5106-015-004