NOT LISTED FOR SALE

1648 3rd Ave Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,031,000 - $1,467,000

8 Beds
4 Baths
4,516 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2013

Last sale price $660,000 $146 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $7,682 / mo

28 Days on Market

Highlights

  • Property is near public transit
  • High Ceiling
  • Paved or Partially Paved Lot
  • Wood Flooring
  • Built-In Features
  • Wall Furnace

About This Home

As of November 2013

Great Investment opportunity. Live in one and rent the others! Four residential units in Los Angeles. Entertainment, educational institutions, and employment are nearby. Total of 8 bedrooms and 4 bathrooms. Each unit is a 2 bedrooms + 1 bath and a laundry area. Property features wood floors. Two units are 1127 sq. ft. and the other two are 1130 sq. ft.

Last Agent to Sell the Property

Michael Friedman

Michael Friedman License #00977642 Listed on: 10/07/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,962 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,516 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Wood Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Private Parking
  • Paved Parking

Location

  • Property is near public transit

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 5072032020

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

5,962 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 5072032020
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area: 4516.00
  • Interior Amenities: Built-in Features, High Ceilings
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Foundation: Raised
  • Roof: Flat, Tile
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Private

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Appliances: Gas Water Heater, Water Heater
  • Heating Type: Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Paved, Near Public Transit
  • Lot Size Sq Ft: 5962.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Lot Size Area: 5962.0000 Square Feet
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Broumandfar Perham
Bought by
Perham Broumandfar Llc
Current Estimated Value
$1,289,162

Purchase Details

Closed on
Jul 7, 2020
Sold by
Mehrannia Niousha
Bought by
Broumandfar Perham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2014
Sold by
Perham Broumandfar Llc
Bought by
Broumandfar Perham

Purchase Details

Closed on
May 8, 2014
Sold by
Broumandfar Perham
Bought by
Perham Broumandfar Llc

Purchase Details

Listed on
Oct 7, 2013
Closed on
Oct 30, 2013
Sold by
Oliver Chrismen
Bought by
Broumandfar Perham
Seller's Agent
Michael Friedman
Michael Friedman
List Price
$799,000
Sold Price
$660,000
Premium/Discount to List
-$139,000
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$495,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2009
Sold by
Oliver Chrismen
Bought by
Oliver Chrismen

Purchase Details

Closed on
Jan 27, 2006
Sold by
Oliver Marsha M
Bought by
Oliver Chrismen

Purchase Details

Closed on
Aug 17, 2004
Sold by
Oliver Marsha White
Bought by
Oliver Marsha M and Oliver Living Trust

Purchase Details

Closed on
Nov 11, 1999
Sold by
Oliver Marsha M
Bought by
Oliver Marsha White

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Perham Broumandfar Llc -- Accommodation
Broumandfar Perham -- Commonwealth Land Title Co
Broumandfar Perham -- Pacific Coast Title Company
Perham Broumandfar Llc -- None Available
Broumandfar Perham $660,000 Fidelity National Title Co
Oliver Chrismen -- None Available
Oliver Chrismen -- None Available
Oliver Marsha M -- --
Oliver Marsha White -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broumandfar Perham $837,000
Previous Owner Broumandfar Perham $495,000
Previous Owner Oliver Marsha White $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $660,000 -17.4% $146 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $799,000 -- $177 / Sq Ft
Source: Ventura County Regional Data Share

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 $10,163 $809,058 $612,928 $196,130
2024 $10,163 $793,195 $600,910 $192,285
2023 $9,978 $777,643 $589,128 $188,515
2022 $9,533 $762,396 $577,577 $184,819
2021 $9,394 $747,448 $566,252 $181,196
2020 $9,483 $739,785 $560,446 $179,339
2019 $9,122 $725,280 $549,457 $175,823
2018 $8,974 $711,060 $538,684 $172,376
2016 $8,548 $683,451 $517,767 $165,684
2015 $8,427 $673,186 $509,990 $163,196
2014 $8,478 $660,000 $500,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Friedman

    Seller's Agent in 2013

    Michael Friedman

    Michael Friedman

    (805) 857-5328

    20 Total Sales

    Michael Friedman
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Map

Source: Ventura County Regional Data Share

MLS Number: 13011022

Ventura County Regional Data Share

APN: 5072-032-020

California Los Angeles County Los Angeles 90019 Arlington Heights

1648 3rd Ave, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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