NOT LISTED FOR SALE

1722 S La Brea Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $799,913 - $1,180,000

3 Beds
3 Baths
1,800 Sq Ft
$545/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $799,000 $444 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,710/month

28 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 1-Story Property

About This Home

As of January 2024

Great opportunity to own a charming triplex (bungalow style) located in the popular Mid City area. All one bedroom and one bath units with frontyard area and parking in the back. Separately metered for electric, & gas. Priced to sell quickly. DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Jeff Brandolino

Brandolino Group License #01259914 Listed on: 12/01/2023

Last Buyer's Agent

Amanda Lawler

HOM Realty Group, Inc. License #02048586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,367

Year Built

  • Built in 1941

Lot Details

  • 6,525 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 23 / 6
  • Tax Tract Number 5870
  • Assessor Parcel Number 5067004023

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,977
  • Other Expense $1,642
  • Water Sewer Expense $2,259
  • Operating Expense $12,492
  • Gross Income $50,041
  • Net Operating Income $37,549

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,367

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2259.00
  • Zoning: LAR3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5067004023
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 443.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6525.00
  • Lot Size Acres: 0.1498

Multi Family

  • Gross Income: 50041.00
  • Gross Scheduled Income: 50041.00
  • Insurance Expense: 1977.00
  • Lot Size Area: 6525.0000 Square Feet
  • Net Operating Income: 37549.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12492.00
  • Other Expense: 1642.00
  • Other Expense Description: FloodIns
  • Rent Control: Yes
  • Total Expenses: 12492.00

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 2183.00
  • Tax Lot: 23
  • Tax Tract Number: 5870

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2013
Sold by
Great Western Capital Llc
Bought by
Tbb Valley Investments Llc and Amber Investment Group Inc
Current Estimated Value
$980,728

Purchase Details

Closed on
Apr 5, 2013
Sold by
Delgado Sergio
Bought by
Great Western Capital Llc and Amber Investments Group

Purchase Details

Closed on
Nov 3, 2004
Sold by
Delgado Nora E
Bought by
Delgado Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2004
Sold by
Palacios Ronald M
Bought by
Delgado Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2002
Sold by
Ventura Carlos M
Bought by
Palacios Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.25%

Purchase Details

Closed on
Mar 31, 1998
Sold by
Kirkpatrick Malcolm
Bought by
Ventura Carlos M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.9%
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
Tbb Valley Investments Llc -- None Available
Great Western Capital Llc $306,000 None Available
Delgado Sergio -- Southland Title Corporation
Delgado Sergio $356,000 Southland Title Corporation
Palacios Mario $280,000 Commonwealth Land Title
Palacios Mario -- Commonwealth
Ventura Carlos M $125,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Sergio $284,800
Previous Owner Palacios Mario $224,000
Previous Owner Ventura Carlos M $100,000
Closed Palacios Mario $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2024 01/24/24 Sold $799,000 0.0% $444 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $799,000 -- $444 / 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 $6,367 $814,980 $763,980 $51,000
2024 $6,367 $489,390 $375,291 $114,099
2023 $6,254 $479,795 $367,933 $111,862
2022 $5,981 $470,388 $360,719 $109,669
2021 $5,901 $461,166 $353,647 $107,519
2019 $5,734 $447,949 $343,158 $104,791
2018 $5,607 $439,176 $336,430 $102,746
2016 $5,359 $421,682 $323,367 $98,315
2015 $5,285 $415,349 $318,510 $96,839
2014 $5,322 $407,214 $312,271 $94,943
Source: Public Records

Agents Affiliated with this Home

  • Jeff Brandolino

    Seller's Agent in 2024

    Jeff Brandolino

    Brandolino Group

    (661) 510-9770

    1 in this area

    197 Total Sales

    Jeff Brandolino
    Section Image

  • A

    Buyer's Agent in 2024

    Amanda Lawler

    HOM Realty Group, Inc.

    (714) 502-4066

    1 in this area

    29 Total Sales

    Amanda Lawler
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23219436

California Regional Multiple Listing Service (CRMLS)

APN: 5067-004-023

California Los Angeles County Los Angeles 90019 Mid-City

1722 S La Brea Ave, Los Angeles, CA

Not Listed for Sale

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