NOT LISTED FOR SALE

Estimated Value: $784,000 - $989,000

5 Beds
5 Baths
2,590 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $635,000 $245 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,480/month

23 Days on Market

Highlights

  • Main Floor Bedroom
  • Wrought Iron Fence
  • 5-minute walk to Jackie Tatum / Harvard Park and Recreation Center
  • Living Room

About This Home

As of December 2019

Great opportunity to own a multi-unit investment property in Los Angeles! This well-maintained fourplex
is located minutes from the newly constructed LA Rams stadium in a steadily gentrifying area with great
upside potential. All units each have their own gas and electricity meters and the
rear building hosts four one-car garages. Well located near shopping and freeways, don’t miss this great opportunity to own your
new investment property in the great city of Los Angeles.

Last Agent to Sell the Property

Eric Delgado

Luxury Collective License #01831579 Listed on: 09/11/2019

Co-Listed By

Sandro Bononni

Luxury Collective License #01401037

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,622

Year Built

  • Built in 1926

Lot Details

  • 4,892 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 2,590 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 5687
  • Assessor Parcel Number 6002029017

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $500
  • Water Sewer Expense $3,000
  • New Taxes Expense $7,987
  • Operating Expense $12,887
  • Gross Income $59,544
  • Net Operating Income $46,657

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,622

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6002029017
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One, Two
  • Price Per Square Foot: 245.17
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4892.00
  • Lot Size Acres: 0.1123

Multi Family

  • Gross Income: 59544.00
  • Gross Scheduled Income: 59544.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 4892.0000 Square Feet
  • Net Operating Income: 46657.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 12887.00
  • Other Income Description: 400
  • Rent Control: Yes
  • Total Expenses: 12887.00

Tax Info

  • New Taxes Expense: 7987.00
  • Tax Census Tract: 2372.02
  • Tax Lot: 23
  • Tax Tract Number: 5687

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Dec 9, 2019
Sold by
Friedman Chaya Mushka
Bought by
Coleman Shloime Zalman
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$639,900
Sold Price
$635,000
Premium/Discount to List
-$4,900
-0.77%
Current Estimated Value
$869,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,711
Avg. Annual Appreciation
5.91%
Original Mortgage
$623,498
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2019
Sold by
Duarte Maria
Bought by
Coleman Shlolme Zalman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,498
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2004
Sold by
Duarte Evelyn
Bought by
Duarte Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2004
Sold by
Hud
Bought by
Duarte Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2003
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Jan 11, 2001
Sold by
Jainez Victorino and Garcia Sabina
Bought by
Countrywide Home Loans

Purchase Details

Closed on
Feb 19, 1999
Sold by
Flores Angela
Bought by
Revamp Inc

Purchase Details

Closed on
Sep 2, 1998
Sold by
Martinez Jose
Bought by
Jainez Victorino and Garcia Sabina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.93%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Coleman Shloime Zalman -- Lawyers Title Company
Coleman Shlolme Zalman $635,000 Lawyers Title Company
Duarte Maria -- Accommodation
Duarte Evelyn $389,000 Gateway Title Company
Hud -- --
Countrywide Home Loans $248,522 First American Title Ins Co
Revamp Inc -- --
Jainez Victorino $237,000 American Title Co
Martinez Jose $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Shloime $616,096
Closed Coleman Shloime Zalman $619,222
Previous Owner Coleman Shlolme Zalman $623,498
Previous Owner Duarte Evelyn $432,000
Previous Owner Duarte Evelyn $311,200
Previous Owner Jainez Victorino $48,000
Previous Owner Martinez Jose $170,000
Previous Owner Jainez Victorino $228,543
Previous Owner Munoz Salvador $57,500
Previous Owner Munoz Salvador $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $635,000 -0.8% $245 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $639,900 -- $247 / 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 $8,622 $694,461 $475,734 $218,727
2024 $8,622 $680,845 $466,406 $214,439
2023 $8,464 $667,496 $457,261 $210,235
2022 $8,083 $654,409 $448,296 $206,113
2021 $7,973 $641,578 $439,506 $202,072
2019 $6,056 $486,070 $312,386 $173,684
2018 $5,952 $476,540 $306,261 $170,279
2016 $5,674 $458,037 $294,369 $163,668
2015 $5,592 $451,158 $289,948 $161,210
2014 $5,635 $442,322 $284,269 $158,053
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19216488

California Regional Multiple Listing Service (CRMLS)

APN: 6002-029-017