NOT LISTED FOR SALE

1659 W 83rd St Los Angeles, CA 90047

Manchester Square Neighborhood

Estimated Value: $855,000 - $1,296,000

6 Beds
6 Baths
4,524 Sq Ft
$252/Sq Ft Est. Value

Last Sold February 23, 2012

Last sale price $409,000 $90 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $6,753/month

6 Days on Market

Highlights

  • Mediterranean Architecture
  • Central Heating
  • Turnkey
  • Corner Lot

About This Home

As of February 2012

A beautiful remodeled (in the mid 1990's) Mediterrranean Home (3bd plus den, 2.75bth with a spacious master suite) with many theme and custom upgrades thru-out, vaulted ceilings, arched windows, chandeliers...also (3) 1bd, 1bth rentals at the back of the property. Main house has a dual zoned forced air heating and air conditioning system.

Last Agent to Sell the Property

James Marak

Estate Properties License #00915352 Listed on: 11/13/2011

Estate Properties

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,681

Year Built

  • Built in 1949

Lot Details

  • 6,780 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 4,524 Sq Ft Home
  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 025
  • Tax Tract Number 15
  • Assessor Parcel Number 6034015025

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $5,000
  • Gross Income $4,000
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,681

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Water Sewer Expenses: 600.00
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6034015025
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 90.41

Exterior Features

  • Roof: Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 600.00

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6780.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6780.0000 Square Feet
  • Net Operating Income: 45000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 025
  • Tax Tract Number: 15
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2011
Sold by
Mcgowan Sabrina P
Bought by
Holmes Celeste T
Current Estimated Value
$1,139,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,631
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2011
Sold by
Neal Sandra K and The Marghanita P Mason Family
Bought by
Mcgowan Sabrina P

Purchase Details

Closed on
Jun 24, 2011
Sold by
Mason Marghanita
Bought by
The Marghanita P Mason Family Trust
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
Holmes Celeste T $409,000 Fatcola
Mcgowan Sabrina P -- None Available
The Marghanita P Mason Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Celeste T $505,560
Open Adeptus Properties Llc $750,000
Closed Holmes Celeste T $397,601
Previous Owner Holmes Celeste T $398,631
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2012 02/23/12 Sold $409,000 0.0% $90 / Sq Ft
11/19/2011 11/19/11 Pending -- -- --
11/13/2011 11/13/11 For Sale $409,000 -- $90 / 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 $6,681 $513,715 $401,933 $111,782
2024 $6,681 $503,643 $394,052 $109,591
2023 $6,564 $493,769 $386,326 $107,443
2022 $6,280 $484,088 $378,751 $105,337
2021 $6,178 $474,597 $371,325 $103,272
2019 $6,004 $460,522 $360,312 $100,210
2018 $5,903 $451,494 $353,248 $98,246
2016 $5,607 $433,964 $339,532 $94,432
2015 $5,530 $427,446 $334,432 $93,014
2014 $5,575 $419,073 $327,881 $91,192
Source: Public Records

Agents Affiliated with this Home

  • James Marak

    Seller's Agent in 2012

    James Marak

    RE/MAX

    (310) 625-1555

    11 Total Sales

    James Marak
    Section Image

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,851 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S11148422

California Regional Multiple Listing Service (CRMLS)

APN: 6034-015-025

California Los Angeles County Los Angeles 90047 Manchester Square

1659 W 83rd St, Los Angeles, CA

This home is located at 1659 W 83rd St, Los Angeles, CA 90047 since 13 November 2011 and is currently estimated at $1,139,371, approximately $251 per square foot. This property was built in 1949. 1659 W 83rd St is a home located in Los Angeles County with nearby schools including La Salle Avenue Elementary School, Horace Mann Ucla Community, and George Washington Preparatory High School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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