NOT LISTED FOR SALE

1702 W 82nd St Los Angeles, CA 90047

Manchester Square Neighborhood

Estimated Value: $963,000 - $1,081,000

6 Beds
5 Baths
3,464 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $995,000 $287 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,349/month

87 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of February 2024

Located on 82nd Street in South Los Angeles, this low maintenance four unit + new construction ADU (total of five units) offers (4) - 1 bed / 1 bath and (1) - 2 bed / 1 bath ADU. With two vacant units, a buyer will have the opportunity to lease-up units without having to do any of the rehab needed for the building. The units offer great layouts with washer-dryer hookups (buyer to verify). Furthermore, the owner will deliver the certificate of occupancy for the ADU prior to the Close of the Escrow period. Ownership is expecting the ADU to be ready for occupancy within sixty days (from September 25, 2023).

Last Agent to Sell the Property

Casey Picard

Keller Williams Realty Brokerage Phone: (626) 716-4451 License #01921866 Listed on: 09/26/2023

Keller Williams Realty

Last Buyer's Agent

robert jimenez

West Shores Realty, Inc. License #02189931

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,528

Year Built

  • Built in 1929

Lot Details

  • 6,675 Sq Ft Lot
  • No Common Walls
  • No Sprinklers

Home Design

  • 3,464 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 238
  • Assessor Parcel Number 6034016016

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $4,500
  • Maintenance Expense $3,000
  • Pest Control $600
  • Water Sewer Expense $6,310
  • New Taxes Expense $12,489
  • Operating Expense $28,697
  • Gross Income $87,228
  • Net Operating Income $55,914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,528

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.60
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 6310.00
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 6034016016
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: No
  • Price Per Square Foot: 288.39

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Pest Control Expense: 600.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6675.00
  • Lot Size Acres: 0.1532

Multi Family

  • Gross Income: 87228.00
  • Gross Multiplier: 11.45
  • Gross Scheduled Income: 87228.00
  • Insurance Expense: 4500.00
  • Lot Size Area: 6675.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 55914.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 28697.00
  • Operating Expense Percent: 34.00
  • Rent Control: Yes
  • Total Expenses: 28697.00
  • Vacancy Allowance: 3

Tax Info

  • New Taxes Expense: 12489.00
  • Tax Lot: 16
  • Tax Tract: 4511
  • Tax Tract Number: 238...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Dec 29, 2023
Sold by
1702 82Nd Llc
Bought by
Bermejo Denisse
Seller's Agent
Casey Picard
Keller Williams Realty
Buyer's Agent
robert jimenez
West Shores Realty, Inc.
List Price
$1,050,000
Sold Price
$995,000
Premium/Discount to List
-$55,000
-5.24%
Views
120
Current Estimated Value
$1,036,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,673
Avg. Annual Appreciation
0.82%
Original Mortgage
$799,200
Outstanding Balance
$785,076
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$222,630

Purchase Details

Listed on
Jan 10, 2021
Closed on
Feb 2, 2021
Sold by
Mayfield Doretha
Bought by
1702 82Nd Llc
Seller's Agent
Carolyn Bryant
Carolyn Bryant
Buyer's Agent
Melanie Brodnax
MJB Fine Homes & Realty Inc.
List Price
$700,000
Sold Price
$630,000
Premium/Discount to List
-$70,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.57%

Purchase Details

Closed on
Aug 15, 2019
Sold by
Mayfield Joseph B and Mayfield Doretha
Bought by
Mayfield Joseph B and Mayfield Doretha

Purchase Details

Closed on
Dec 7, 2002
Sold by
Mayfield Joseph B and Mayfield Doretha
Bought by
Mayfield Joseph B and Mayfield Doretha
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
Bermejo Denisse $999,000 Chicago Title Company
1702 82Nd Llc $630,000 Fidelity National Title Co
Mayfield Joseph B -- None Available
Mayfield Joseph B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermejo Denisse $799,200
Previous Owner 1702 82Nd Llc $429,000
Previous Owner Mayfield Joseph B $107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $995,000 -0.4% $287 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
10/09/2023 10/09/23 Price Changed $999,000 -4.9% $288 / Sq Ft
09/25/2023 09/25/23 For Sale $1,050,000 +66.7% $303 / Sq Ft
02/18/2021 02/18/21 Sold $630,000 -10.0% $216 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $700,000 0.0% $240 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/10/2021 01/10/21 For Sale $700,000 -- $240 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $8,528 $1,018,980 $962,880 $56,100
2024 $8,528 $668,560 $615,500 $53,060
2023 $8,373 $655,452 $603,432 $52,020
2022 $7,999 $642,600 $591,600 $51,000
2021 $2,469 $168,902 $83,042 $85,860
2020 $2,487 $167,171 $82,191 $84,980
2019 $2,406 $163,894 $80,580 $83,314
2018 $2,310 $160,681 $79,000 $81,681
2016 $2,186 $154,443 $75,933 $78,510
2015 $2,158 $152,124 $74,793 $77,331
2014 $2,188 $149,145 $73,328 $75,817
Source: Public Records

Agents Affiliated with this Home

  • Casey Picard

    Seller's Agent in 2024

    Casey Picard

    Keller Williams Realty

    (626) 376-9233

    1 in this area

    20 Total Sales

    Casey Picard
    Section Image

  • r

    Buyer's Agent in 2024

    robert jimenez

    West Shores Realty, Inc.

    (424) 219-0723

    1 in this area

    2 Total Sales

    robert jimenez
    Section Image
  • Amie Shepard

    Buyer Co-Listing Agent in 2024

    Amie Shepard

    West Shores Realty, Inc.

    (310) 686-4544

    1 in this area

    9 Total Sales

    Amie Shepard
    Section Image

  • C

    Seller's Agent in 2021

    Carolyn Bryant

    Carolyn Bryant

    (323) 363-4853

    2 in this area

    12 Total Sales

    Carolyn Bryant
    Section Image
  • Melanie Brodnax

    Buyer's Agent in 2021

    Melanie Brodnax

    MJB Fine Homes & Realty Inc.

    (323) 864-4409

    1 in this area

    10 Total Sales

    Melanie Brodnax
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-15188

Pasadena-Foothills Association of REALTORS®

APN: 6034-016-016

California Los Angeles County Los Angeles 90047 Manchester Square

1702 W 82nd St, Los Angeles, CA

This home is located at 1702 W 82nd St, Los Angeles, CA 90047 since 26 September 2023 and is currently estimated at $1,036,673, approximately $299 per square foot. This property was built in 1929. 1702 W 82nd 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.

Pasadena-Foothills Association of REALTORS® 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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