NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,147,944

5 Beds
3 Baths
1,930 Sq Ft
$538/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $845,000 $438 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,592/month

73 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1 Car Garage
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of September 2021

LOCATION!! LOCATION!! IN A HIGHLY DESIRABLE AREA WITH PLENTY OF PARKING SPACE. GREAT BACKYARD FOR ENTERTAING OR ADD ANOTHER RENTAL BUILDING. FRONT HOME WITH 4 BEDROOMS AND 2 BATHS APPROXIMATELY 1600 SQ FT. HAS A MASTER BEDROOM WITH A UPDATED BATHROOM. REAR UNIT 1811 1/2 WITH 1 BEDROOM AND 1 BATH. ROOF WAS REPLACED COUPLE OF WEEKS AGO ONLY IN THE FRONT HOME. 1 CAR GARAGE WITH 1/4 BATHROOM INCLUDED SECURELY GATED LOT. CENTRALIZED TO USC CAMPUS, 10 AND 110 FREEWAYS, KOREATOWN, STAPLE CENTER, DTLA, JEFFERSON PARK. PROPERTY IS PERFECT FOR AN INVESTMENT OPPORTUNITY. PLEASE DON'T DISTURB OCCUPANTS OR VISIT THE PROPERTY.

Last Agent to Sell the Property

Rosalba Ramirez

C-21 Realty Team License #01269159 Listed on: 05/04/2021

Last Buyer's Agent

Rosalba Ramirez

C-21 Realty Team License #01269159 Listed on: 05/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,922

Year Built

  • Built in 1930

Lot Details

  • 6,650 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,930 Sq Ft Home
  • Duplex
  • Composition Roof

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 7 / 3
  • Assessor Parcel Number 5058022012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,922

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: required
  • Other Phone Number: 3108903506
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5058022012
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 437.82
  • Room Type: Master Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6650.00
  • Lot Size Acres: 0.1527

Multi Family

  • Lot Size Area: 6650.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 2215.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Sep 28, 2021
Sold by
Nigussie Gashaw Andarge
Bought by
Haile Eyayu Shewalemma
Seller's Agent
Rosalba Ramirez
C-21 Realty Team
Buyer's Agent
Rosalba Ramirez
C-21 Realty Team
List Price
$998,000
Sold Price
$845,000
Premium/Discount to List
-$153,000
-15.33%
Current Estimated Value
$1,037,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,736
Avg. Annual Appreciation
5.47%
Original Mortgage
$845,000
Outstanding Balance
$772,231
Interest Rate
2.8%
Mortgage Type
Unknown
Estimated Equity
$265,505

Purchase Details

Closed on
Jul 27, 2021
Sold by
Vargas Julio C and Sanchez Margarita
Bought by
Haile Eyayu Shewalemma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2011
Sold by
Elre Holdings Llc
Bought by
Vargas Julio C and Sanchez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,152
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2011
Sold by
Murillo Maria
Bought by
Elre Holdings Llc

Purchase Details

Closed on
Jun 1, 2006
Sold by
Herrera Nora
Bought by
Murillo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 2, 2006
Sold by
Ramirez Karlos A
Bought by
Herrera Nora

Purchase Details

Closed on
Aug 10, 2005
Sold by
Chavez Adalid
Bought by
Ramirez Karlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2002
Sold by
Tellez Paula
Bought by
Chavez Adalid and Chavez Delmis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,253
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1999
Sold by
Baron Michael L and Baron Deanna Beth
Bought by
Tellez Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.82%

Purchase Details

Closed on
Jun 23, 1999
Sold by
Hall Rosa L Separate Property Trust
Bought by
Baron Michael L and Baron Deanna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
7.4%
Mortgage Type
Stand Alone First
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 Buyer Sale Price Title Company
Haile Eyayu Shewalemma -- Wfg National Title Co Of Ca
Haile Eyayu Shewalemma $845,000 Wfg National Title Co Of Ca
Vargas Julio C $349,000 Ticor Title Company
Elre Holdings Llc -- None Available
Murillo Maria $719,000 Southland Title
Murillo Maria -- Southland Title
Herrera Nora -- Accommodation
Ramirez Karlos A $495,000 Southland Title
Chavez Adalid -- Southland Title
Chavez Adalid $269,000 American Title Co
Tellez Paula $230,000 Commonwealth Title
Baron Michael L $120,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haile Eyayu Shewalemma $845,000
Previous Owner Haile Eyayu Shewalemma $845,000
Previous Owner Cvargas Julio $378,000
Previous Owner Fargas Julio C $324,000
Previous Owner Vargas Julio C $340,152
Previous Owner Murillo Maria $71,900
Previous Owner Murillo Maria $575,200
Previous Owner Ramirez Karlos A $445,500
Previous Owner Chavez Adalid $315,000
Previous Owner Chavez Adalid $276,000
Previous Owner Chavez Adalid $19,000
Previous Owner Chavez Adalid $265,253
Previous Owner Tellez Paula $12,000
Previous Owner Tellez Paula $207,000
Previous Owner Baron Michael L $33,500
Previous Owner Baron Michael L $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $845,000 -10.3% $438 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/09/2021 06/09/21 Price Changed $941,900 -4.4% $488 / Sq Ft
06/04/2021 06/04/21 Price Changed $984,900 -0.8% $510 / Sq Ft
05/24/2021 05/24/21 Price Changed $993,000 -0.5% $515 / Sq Ft
05/04/2021 05/04/21 For Sale $998,000 -- $517 / 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 $10,922 $896,720 $620,806 $275,914
2024 $10,922 $879,138 $608,634 $270,504
2023 $10,716 $861,900 $596,700 $265,200
2022 $10,226 $845,000 $585,000 $260,000
2021 $5,119 $404,971 $290,097 $114,874
2020 $5,167 $400,820 $287,123 $113,697
2019 $4,972 $392,962 $281,494 $111,468
2018 $4,869 $385,258 $275,975 $109,283
2016 $4,645 $370,300 $265,259 $105,041
2015 $4,580 $364,739 $261,275 $103,464
2014 $4,608 $357,595 $256,157 $101,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21094822

California Regional Multiple Listing Service (CRMLS)

APN: 5058-022-012