NOT LISTED FOR SALE

1838 W 36th Place Los Angeles, CA 90018

Exposition Park Neighborhood

Estimated Value: $654,218 - $1,672,000

6 Beds
3 Baths
2,890 Sq Ft
$365/Sq Ft Est. Value

Last Sold December 30, 2013

Last sale price $324,000 $112 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $6,218/month

1 Day on Market

About This Home

As of December 2013

3 UNITS ALL 2 BEDROOMS 1 BATH INVESTORS DELIGHT CORNER LOT DUPLEX AND ONE UPSTAIRS SINGLE IN THE REAR

NEEDS SOME TLC GREAT BUY, GREAT OPPORTUNITY! SHORT SALE APPROVAL NEEDED.

Last Agent to Sell the Property

Raymond Bennett

TREC Lending Inc. License #00560298 Listed on: 08/14/2013

Last Buyer's Agent

Raymond Bennett

TREC Lending Inc. License #00560298 Listed on: 08/14/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 1923

Lot Details

  • 4,408 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 2,890 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 39
  • Tax Tract Number 4282
  • Assessor Parcel Number 5042018015

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $2,200
  • Gardener Expense $1,000
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $1,500
  • New Taxes Expense $2,604
  • Gross Income $3,450
  • Net Operating Income $9,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,095

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 5042018015
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 112.11

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4408.00
  • Lot Size Acres: 0.1010

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 2200.00
  • Gross Income: 3450.00
  • Gross Scheduled Income: 41400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4408.0000 Square Feet
  • Net Operating Income: 9400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 32100.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 2604.00
  • Tax Lot: 39
  • Tax Tract Number: 4282
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2014
Sold by
Farshid Llc
Bought by
First Pacific Holdings Llc
Current Estimated Value
$1,056,055

Purchase Details

Listed on
Aug 14, 2013
Closed on
Dec 21, 2013
Sold by
Jollivette Earl and Jollivette Sharon D
Bought by
Farshid Llc
Seller's Agent
Raymond Bennett
TREC Lending Inc.
Buyer's Agent
Raymond Bennett
TREC Lending Inc.
List Price
$249,000
Sold Price
$324,000
Premium/Discount to List
$75,000
30.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Oct 20, 2004
Sold by
Ramos Rosalba
Bought by
Jollivette Earl and Jollivette Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1993
Sold by
Ramos Alberto
Bought by
Ramos Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.88%
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
First Pacific Holdings Llc -- None Available
Farshid Llc $324,000 Orange Coast Title Company
Jollivette Earl $450,000 Commerce Title
Ramos Rosalba -- American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jollivette Earl $472,500
Previous Owner Jollivette Earl $360,000
Previous Owner Ramos Rosalba $120,000
Closed Jollivette Earl $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2013 12/30/13 Sold $324,000 +30.1% $112 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $249,000 -- $86 / 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 $6,095 $480,730 $270,412 $210,318
2024 $6,095 $471,305 $265,110 $206,195
2023 $5,987 $462,064 $259,912 $202,152
2022 $5,722 $453,005 $254,816 $198,189
2021 $5,637 $444,123 $249,820 $194,303
2020 $5,689 $439,570 $247,259 $192,311
2019 $5,475 $430,952 $242,411 $188,541
2018 $5,386 $422,503 $237,658 $184,845
2016 $5,130 $406,099 $228,431 $177,668
2015 $5,058 $400,000 $225,000 $175,000
2014 $4,262 $324,000 $224,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Raymond Bennett

    Seller's Agent in 2013

    Raymond Bennett

    TREC Lending Inc.

    (310) 339-1056

    12 Total Sales

    Raymond Bennett
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13163870

California Regional Multiple Listing Service (CRMLS)

APN: 5042-018-015

California Los Angeles County Los Angeles 90018 Exposition Park

1838 W 36th Place, Los Angeles, CA

This home is located at 1838 W 36th Place, Los Angeles, CA 90018 since 14 August 2013 and is currently estimated at $1,056,055, approximately $365 per square foot. This property was built in 1923. 1838 W 36th Place is a home located in Los Angeles County with nearby schools including Birdielee V. Bright Elementary School, Susan Miller Dorsey Senior High School, and Stem Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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