$850,000
SOLD AUG 13, 2019
7 Beds
3 Baths
3,024 Sq Ft
5,956 Sq Ft Lot

Recently Sold

$281 Per Sq Ft

13 Days on Market

Highlights

  • Lawn
  • 1-minute walk to Expo/Western
  • Paved or Partially Paved Lot
  • Park
  • Bike Trail

About This Home

As of August 2019

Great OWNER/INVESTOR opportunity awaits! This income producing triplex has lots of potential. Conveniently located across from the EXPO LINE and 1 mile away from USC and Exposition Park. Property features three spacious two-level units with a total of 3,024 Sqft, separate entries, and each with a single-car garage. Front unit is 3 bedrooms/1 bath, rear units are 2 bedrooms/1 bath each. Separate electric and gas meters. Property will be sold as is! Don't miss out on this opportunity, bring your best offer!

Last Agent to Sell the Property

Nadia Mercado

Excellence RE Real Estate License #02008924 Listed on: 06/05/2019

Last Buyer's Agent

SON DINH

MCLEOD AND ASSOCIATES License #01784830

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,483

Year Built

  • Built in 1945

Lot Details

  • 5,956 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Lawn

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • 3,024 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 173
  • Tax Tract Number 4014
  • Assessor Parcel Number 5041036029

Community Details

Overview

  • 3 Units

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $9,860
  • Gross Income $74,400
  • Net Operating Income $55,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,483

Year Built

Built in 1945

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 3234770841
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5041036029
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 281.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door, On Site
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Dog Park, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Paved
  • Lot Size Sq Ft: 5956.00
  • Lot Size Acres: 0.1367

Multi Family

  • Gross Income: 74400.00
  • Gross Scheduled Income: 74400.00
  • Lot Size Area: 5956.0000 Square Feet
  • Net Operating Income: 55400.00
  • 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: 19000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9860.00
  • Tax Census Tract: 2220.02
  • Tax Lot: 173
  • Tax Tract Number: 4014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 9, 2019
Sold by
Corona Rodolfo A and Corona Angeles V
Bought by
Gregorchuk John M and Gregorchuk Vivian
Seller's Agent
Nadia Mercado
Excellence RE Real Estate
Buyer's Agent
SON DINH
MCLEOD AND ASSOCIATES
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$722,500
Outstanding Balance
$637,250
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$467,826

Purchase Details

Closed on
Jan 22, 2019
Sold by
Corona Rodolfo A and Corona Angeles V
Bought by
Corona Rodolfo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2017
Sold by
Corona Rodolfo
Bought by
Corona Rodolfo A and Corona Angeles V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,775
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 1998
Sold by
Corona Ana
Bought by
Corona Rodolfo and Corona Angeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,750
Interest Rate
6.61%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $850,000 Fidelity National Title
Interfamily Deed Transfer -- Pacific Coast Title
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Ticor Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $722,500 New Conventional
Previous Owner $460,000 Adjustable Rate Mortgage/ARM
Previous Owner $335,775 FHA
Previous Owner $20,000 Credit Line Revolving
Previous Owner $255,000 Unknown
Previous Owner $230,000 Unknown
Previous Owner $209,447 Unknown
Previous Owner $36,206 Unknown
Previous Owner $11,750 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $995,000 +17.1% $329 / Sq Ft
08/13/2019 08/13/19 Sold $850,000 0.0% $281 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $850,000 -- $281 / 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
2024 $11,483 $911,368 $536,099 $375,269
2023 $11,265 $893,499 $525,588 $367,911
2022 $10,746 $875,981 $515,283 $360,698
2021 $10,599 $858,806 $505,180 $353,626
2019 $3,975 $303,160 $191,141 $112,019
2018 $3,888 $297,217 $187,394 $109,823
2016 $3,688 $285,677 $180,118 $105,559
2015 $3,636 $281,387 $177,413 $103,974
2014 $3,666 $275,876 $173,938 $101,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19132763

California Regional Multiple Listing Service (CRMLS)

APN: 5041-036-029