NOT LISTED FOR SALE

1657 3rd Ave Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $921,000 - $1,181,000

6 Beds
3 Baths
3,800 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: January 20, 2012

Last sale price $285,000 $75 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $5,778 / mo

16 Days on Market

About This Home

As of January 2012

Huge income producing duplex with old world charm and many traditional touches including picket fence, original hardwood floors, and a fireplace in each unit.

Last Agent to Sell the Property

Michael Magpayo

MICHAEL LAWRENCE MAGPAYO License #01835888 Listed on: 10/19/2011

Last Buyer's Agent

Sepehr Ebrahimi

License #01923274

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 4,399

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property

Additional Features

  • 4,399 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5072-028-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

4,399 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3800
  • Stories: 2
  • Year Built: 1911
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 84.18

Exterior Features

  • Pool: No

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 306000
  • Assessed Land Value: 714000
  • Assessor Parcel Number: 5072-028-011
  • Lot Size Area: 4399

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2016
Sold by
Rafii Farshad
Bought by
Marvin Culver Llc
Current Estimated Value
$1,016,078

Purchase Details

Closed on
Oct 18, 2012
Sold by
Raffi Tara
Bought by
Rafii Farshad and Rafii Farideh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Aurora Loan Services Llc
Bought by
Rafii Farshad and Rafii Farideh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2010
Sold by
Thomas June E
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 12, 2010
Sold by
Thomas June E
Bought by
Thomas June E

Purchase Details

Closed on
Jan 8, 2010
Sold by
Thomas June E
Bought by
Thomas June E

Purchase Details

Closed on
Oct 22, 2009
Sold by
Thomas June E
Bought by
Thomas June E

Purchase Details

Closed on
Sep 10, 2009
Sold by
Thomas June E
Bought by
Thomas June E

Purchase Details

Closed on
Aug 8, 2009
Sold by
Thomas June E
Bought by
Thomas June E

Purchase Details

Closed on
Oct 25, 2007
Sold by
Ray Keyma C
Bought by
Thomas June E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2006
Sold by
Roberts Gary J
Bought by
Ray Keyma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2004
Sold by
Foppe Griffin Melba E
Bought by
Ray Key Ma Cynnovia
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
Marvin Culver Llc -- None Available
Rafii Farshad -- Chicago Title Company
Rafii Farshad $285,000 Lsi Title Company
Aurora Loan Services Llc $931,812 Accommodation
Thomas June E -- None Available
Thomas June E -- None Available
Thomas June E -- None Available
Thomas June E -- None Available
Thomas June E -- None Available
Thomas June E $1,000,000 Landsafe Title
Ray Keyma C -- Multiple
Ray Key Ma Cynnovia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rafii Farshad $351,000
Previous Owner Rafii Farshad $260,000
Previous Owner Thomas June E $800,000
Previous Owner Ray Keyma C $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2012 01/20/12 Sold $285,000 -16.2% $75 / Sq Ft
11/04/2011 11/04/11 Pending -- -- --
10/19/2011 10/19/11 For Sale $339,900 -- $89 / Sq Ft
Source: The MLS

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 $4,690 $357,965 $251,206 $106,759
2024 $4,690 $350,947 $246,281 $104,666
2023 $4,610 $344,066 $241,452 $102,614
2022 $4,411 $337,320 $236,718 $100,602
2021 $4,334 $330,707 $232,077 $98,630
2019 $4,212 $320,900 $225,195 $95,705
2018 $4,115 $314,609 $220,780 $93,829
2016 $3,900 $302,394 $212,207 $90,187
2015 $3,846 $297,853 $209,020 $88,833
2014 $3,872 $292,019 $204,926 $87,093
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Magpayo

    MICHAEL LAWRENCE MAGPAYO

  • S

    Buyer's Agent in 2012

    Sepehr Ebrahimi

  • G

    Buyer's Agent in 2012

    Gil Manzuri

See All Agents

Map

Source: The MLS

MLS Number: 11-561473

The MLS

APN: 5072-028-011

California Los Angeles County Los Angeles 90019 Arlington Heights

1657 3rd Ave, Los Angeles, CA

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