NOT LISTED FOR SALE

Estimated Value: $775,000 - $1,044,000

2 Beds
2 Baths
1,056 Sq Ft
$830/Sq Ft Est. Value

Last Sold May 19, 2015

Last sale price $265,000 $251 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $5,142/month

12 Days on Market

About This Home

As of May 2015

Great Investment or Owner Occupy Opportunity in a good location of Los Angeles!! Property consists of 2 separate units, each unit is 1 bedroom + 1 bathroom. Updated Electrical, Upgraded Plumbing, New Wall Heaters. 1 unit is currently occupied at $935 a month, the 2nd unit is currently vacant. The vacant unit has new kitchen cabinets but needs new floors and other items. Once 2nd unit has been completed, it could rent for about $1200/mo (Buyer and Buyers Agent to verify and complete their own due diligence on current market rents and financials). Buyer and Buyers Agent to be responsible for verifying all past, present, and future information with the, local, city, county, state, and federal establishments. Read private remarks for contact information.

Last Agent to Sell the Property

Fred Nabati

Trimax Realty, Inc. License #01276914 Listed on: 04/16/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 1949

Lot Details

  • 3,590 Sq Ft Lot

Home Design

  • 1,056 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-009-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,162

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1056
  • Probate: No
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 339.96

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 3

Utilities

  • Water Expense: 1439.00

Fee Information

  • Insurance Expense: 849.00
  • Maintenance Expense: 800.00

Lot Info

  • Assessed Improvement Value: 80000
  • Assessed Land Value: 187500
  • Assessor Parcel Number: 5067-009-023
  • Geocode Override: No
  • Lot Size Area: 3590

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.01
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: 2

Tax Info

  • Tax Expense: 4488.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2015
Sold by
Talmia Llc
Bought by
Boeri Wanda
Current Estimated Value
$876,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$247,914
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$628,333

Purchase Details

Listed on
Apr 16, 2015
Closed on
May 4, 2015
Sold by
Stoho Enterprises Llc
Bought by
Talmia Llc
Seller's Agent
Fred Nabati
Trimax Realty, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$359,000
Sold Price
$265,000
Premium/Discount to List
-$94,000
-26.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%

Purchase Details

Listed on
Aug 17, 2013
Closed on
Aug 30, 2013
Sold by
Rimpau Group Llc
Bought by
Stoho Enterprises Llc
Seller's Agent
Dustin Nicholas
Nicholas Property Group
Buyer's Agent
Charlie Pullman
PATRICIA JO ARCURI
List Price
$259,000
Sold Price
$267,500
Premium/Discount to List
$8,500
3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.55%

Purchase Details

Closed on
Sep 7, 2010
Sold by
Nicholas Dustin and Nasseri Pardis
Bought by
Rimpau Group Llc

Purchase Details

Closed on
Aug 22, 2009
Sold by
Fdic
Bought by
Nicholas Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2009
Sold by
Choi Myung Kyu
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Jul 5, 2005
Sold by
Steffin Selma and Steffin Steve J
Bought by
Choi Myung Kyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 4, 2003
Sold by
Steffin Selma and Steffin Steve J
Bought by
Steffin Selma and Steve J & Selma Steffin Revocable 1991 T
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
Boeri Wanda $426,000 Pacific Coast Title Company
Talmia Llc $265,000 Pacific Coast Title
Stoho Enterprises Llc $267,500 First American Title Company
Rimpau Group Llc -- None Available
Nicholas Dustin -- Chicago Title Company
Indymac Federal Bank Fsb $342,061 None Available
Choi Myung Kyu $376,000 --
Steffin Selma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boeri Wanda $315,000
Previous Owner Nicholas Dustin $141,600
Previous Owner Choi Myung Kyu $300,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2015 05/19/15 Sold $265,000 -26.2% $251 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $359,000 +34.2% $340 / Sq Ft
09/10/2013 09/10/13 Sold $267,500 +3.3% $253 / Sq Ft View Prior Sale
08/22/2013 08/22/13 Pending -- -- --
08/17/2013 08/17/13 For Sale $259,000 -- $245 / 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
2025 $6,162 $504,290 $355,136 $149,154
2024 $6,162 $494,403 $348,173 $146,230
2023 $6,048 $484,710 $341,347 $143,363
2022 $5,773 $475,206 $334,654 $140,552
2021 $5,698 $465,890 $328,093 $137,797
2019 $5,530 $452,073 $318,362 $133,711
2018 $5,477 $443,210 $312,120 $131,090
2016 $5,238 $426,000 $300,000 $126,000
2015 $3,413 $272,844 $191,246 $81,598
2014 $3,437 $267,500 $187,500 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-897123

The MLS

APN: 5067-009-023