$1,450,000
SOLD JAN 26, 2022
5 Beds
3 Baths
2,352 Sq Ft
9,035 Sq Ft Lot

Recently Sold

$616 Per Sq Ft

9% Below List Price

70 Days on Market

About This Home

As of January 2022

Investors Alert! 2 Adjoining Parcels on a CORNER LOT, totaling OVER 90000 Sqft in a highly on-demand area of Mid City. Two of the 3 units will be delivered Vacant at close of escrow. All listed information belongs to both parcels together. Prime Location, close to shopping, transportation and easy access to highway.

Last Agent to Sell the Property

Mahnaz Sharifi

Compass License #01952449 Listed on: 06/16/2021

Compass

Co-Listed By

Azita Mohasseb

Keller Williams Beverly Hills License #01979642

Last Buyer's Agent

Mahnaz Sharifi

Compass License #01952449 Listed on: 06/16/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,073

Year Built

  • Built in 1921

Lot Details

  • 9,035 Sq Ft Lot

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5071-022-045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,073

Year Built

Built in 1921

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2352
  • Lot Acreage: 0.2074
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 616.50

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 3
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 17.99
  • Assessor Parcel Number: 5071-022-045
  • Lot Size Area: 9035

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Detached
  • Vacancy Rate: Owner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Feb 7, 2022
Sold by
Unitree Investment Group Llc
Bought by
1740 Rimpau Llc
Seller's Agent
Mahnaz Sharifi
Compass
Buyer's Agent
Mahnaz Sharifi
Compass
List Price
$1,600,000
Sold Price
$1,450,000
Premium/Discount to List
-$150,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%

Purchase Details

Closed on
Oct 28, 2021
Sold by
Martinez and Priscilia
Bought by
Unitree Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Interest Rate
3.22%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Grant Deed $1,450,000 First American Title Company O
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,765,000 Construction
Previous Owner $1,162,500 New Conventional
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 For Sale $1,580,000 +9.0% $175 / Sq Ft
01/26/2022 01/26/22 Sold $1,450,000 0.0% $616 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/09/2021 08/09/21 Price Changed $1,450,000 -9.4% $616 / Sq Ft
07/31/2021 07/31/21 For Sale $1,600,000 0.0% $680 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $1,600,000 -- $680 / Sq Ft
Source: The MLS

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
2024 $10,073 $816,714 $520,200 $296,514
2023 $9,883 $800,700 $510,000 $290,700
2022 $1,779 $128,745 $105,585 $23,160
2021 $1,748 $126,221 $103,515 $22,706
2020 $1,762 $124,928 $102,454 $22,474
2019 $1,701 $122,480 $100,446 $22,034
2018 $1,657 $120,079 $98,477 $21,602
2016 $1,576 $115,418 $94,654 $20,764
2015 $1,556 $113,686 $93,233 $20,453
2014 $1,576 $111,460 $91,407 $20,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-749276

The MLS

APN: 5071-022-045