$509,600
SOLD FEB 6, 2013
5 Beds
3 Baths
2,918 Sq Ft
8,538 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

7% Below List Price

9 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • Heating System Uses Natural Gas
  • Shed

About This Home

As of February 2013

Tri-Plex. Large corner lot. Plenty of parking for all units. Possible RV parking with gated driveway. Long term tenants with great payment records. Low cost to own and maintain. All units have inside laundry, separate meters, water heaters, and assigned parking spaces. Single family home is great for owner occupied and collect rent from duplex. 3 BDRM 2 BA SFR with 2 car garage. Large enclosed patio (not included in sqft). Direct access to garage. 1182 sqft plus enclosed patio. Tenant in single home will move upon sale. Separate duplex with 2 BDRM, 1 BA, parking for each unit. Very long time tenants that take great care of the property. Each unit is 891 sqft. Excellent for owner occupied or keep for strong rental income. All showings require 24 hour notice thru listing agent. All rents quoted are actual and not projected. This is a rent control Property. (City of Los Angeles)

Last Agent to Sell the Property

Kenny Hawkins

RE/MAX College Park Realty License #00937496 Listed on: 12/11/2012

RE/MAX College Park Realty

Last Buyer's Agent

Kenny Hawkins

RE/MAX College Park Realty License #00937496 Listed on: 12/11/2012

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,292

Year Built

  • Built in 1964

Lot Details

  • 8,538 Sq Ft Lot
  • Lot Dimensions are 95x150
  • Corner Lot

Home Design

  • 2,918 Sq Ft Home
  • Block Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block A / 46
  • Tax Tract Number 14402
  • Assessor Parcel Number 7410012046

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,800
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,863
  • Gross Income $3,500
  • Net Operating Income $31,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,292

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.71
  • Improvements Amount: 178555
  • Improvements Percent: 73.00
  • Price Per Unit: 183000
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7410012046
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 174.64

Exterior Features

  • Foundation: Block, Slab
  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Concrete, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Range, Refrigerator, Cooktop
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Value: 149393
  • Land Value Percent: 27.00
  • Lot Features: Corner Lot
  • Lot Size: 95x150
  • Lot Size Sq Ft: 8538.00
  • Lot Size Acres: 0.1960

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 891
  • Average3 Bed Area: 1182
  • Gross Income: 3500.00
  • Gross Multiplier: 13.07
  • Gross Scheduled Income: 42000.00
  • Gross Spendable Income: 31334.00
  • Insurance Expense: 1800.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 31333.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 1
  • Number With Refrigerator: 3
  • Operating Expense: 10667.00
  • Operating Expense Percent: 25.00
  • Total Actual Rent: 42000.00

Tax Info

  • New Taxes Expense: 6863.00
  • Tax Area: 19
  • Tax Block: 46
  • Tax Lot: A
  • Tax Tract Number: 14402
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2012
Closed on
Dec 21, 2012
Sold by
Fuoco Carol A and Frank & Carol Fuoco Family 199
Bought by
Lim John Chin Tiong and Lim Kitty Ngan Yuk
Seller's Agent
Kenny Hawkins
RE/MAX College Park Realty
Buyer's Agent
Kenny Hawkins
RE/MAX College Park Realty
List Price
$549,000
Sold Price
$509,600
Premium/Discount to List
-$39,400
-7.18%
Current Estimated Value
$1,145,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,164
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Oct 3, 2009
Sold by
Fuoco Carol A and The Frank & Carol Fuoco Family
Bought by
Fuoco Carol A and The Frank & Carol Fuoco Family

Purchase Details

Closed on
Nov 4, 2003
Sold by
Fuoco Frank and Fuoco Carol A
Bought by
Fuoco Frank and Fuoco Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 20, 2000
Sold by
Carol Fuoco Trust Fuoco Frank And Carol A Trs
Bought by
Fuoco Frank and Fuoco Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,900
Interest Rate
8.34%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 3, 1994
Sold by
Fuoco Frank
Bought by
Fuoco Frank and Fuoco Carol A
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 Type Sale Price Title Company
Grant Deed $510,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Credit Line Revolving
Previous Owner $246,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $96,000 Credit Line Revolving
Previous Owner $266,000 Unknown
Previous Owner $206,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $46,900 Stand Alone Second
Previous Owner $217,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Rented $3,300 +1.5% --
05/02/2021 05/02/21 For Rent $3,250 0.0% --
02/06/2013 02/06/13 Sold $509,600 -7.2% $175 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
12/11/2012 12/11/12 For Sale $549,000 0.0% $188 / Sq Ft
02/01/2012 02/01/12 Rented $1,800 -10.0% --
02/01/2012 02/01/12 Under Contract -- -- --
07/21/2011 07/21/11 For Rent $2,000 -- --
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 $9,292 $701,902 $320,165 $381,737
2024 $9,292 $688,140 $313,888 $374,252
2023 $9,120 $674,648 $307,734 $366,914
2022 $8,723 $661,420 $301,700 $359,720
2021 $8,605 $648,452 $295,785 $352,667
2020 $8,683 $641,804 $292,753 $349,051
2019 $8,362 $629,220 $287,013 $342,207
2018 $8,240 $616,884 $281,386 $335,498
2016 $7,867 $592,931 $270,460 $322,471
2015 $7,753 $584,026 $266,398 $317,628
2014 $7,784 $692,127 $315,023 $377,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P843172

California Regional Multiple Listing Service (CRMLS)

APN: 7410-012-046