NOT LISTED FOR SALE

1868 W 25th St Los Angeles, CA 90018

Adams-Normandie Neighborhood

Estimated Value: $1,241,424 - $1,591,000

7 Beds
4 Baths
3,180 Sq Ft
$424/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $855,900 $269 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,165/month

22 Days on Market

About This Home

As of October 2017

GREAT INVESTMENT OPORTUNITY!! LOCATION,LOCATION,LOCATION!! TRIPLEX!! Three Beautiful units for the price of one. This property is in the best area of Los Angeles right in the middle of everything, right next the very sought after West Adams district without the price tag, only a few minutes to culver city, north of historical Jefferson park which is one of the hottest and coming up areas right now, close to USC campus and only a few minutes to staples center and downtown los Angeles, also close to freeways. These units are IMMACULATE. The property consists of three units ,The front house is a duplex side by side remodeled not too long ago. Each unit has two bedrooms and one bath. The back house is detached this unit was built IN 2006 it has 3 bedrooms and 2 baths. All units show really well and are very well kept. Please see remarks. No blind offers. 3,180 sq feet of the property is permitted buyers and agents to satisfy themselves to all aspects of the property. BACK HOUSE NOT SUBJECT TO RENT CONTROL. Live In one and rent the others or use it as investment.

Last Agent to Sell the Property

Jose Gorostiza

VIP RE Firm License #01928388 Listed on: 09/14/2017

Last Buyer's Agent

Eric Chang

Blackstone Estates, Inc. License #01843260

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,895

Year Built

  • Built in 1921

Lot Details

  • 6,633 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 3,180 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 5058020021

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $350
  • Gross Income $35,000
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,895

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5058020021
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 269.15

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6633.00

Multi Family

  • Gross Income: 35000.00
  • Gross Scheduled Income: 34800.00
  • Net Operating Income: 34800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 300.00
  • Rent Control: Yes
  • Total Actual Rent: 2900.00
  • Total Expenses: 350.00

Tax Info

  • Tax Census Tract: 2215.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 13, 2017
Sold by
Gomez Abraham and Gomez Yolanda
Bought by
Nam Patricia and Nam Lauren
Seller's Agent
Jose Gorostiza
VIP RE Firm
Buyer's Agent
Eric Chang
Blackstone Estates, Inc.
List Price
$859,900
Sold Price
$855,900
Premium/Discount to List
-$4,000
-0.47%
Current Estimated Value
$1,347,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,956
Avg. Annual Appreciation
5.86%
Original Mortgage
$656,000
Outstanding Balance
$547,356
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$800,500
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
Nam Patricia $856,000 Usa National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nam Patricia $656,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2017 10/19/17 Sold $855,900 -0.5% $269 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $859,900 -- $270 / 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 $11,895 $973,978 $682,696 $291,282
2024 $11,895 $954,881 $669,310 $285,571
2023 $11,671 $936,159 $656,187 $279,972
2022 $11,140 $917,804 $643,321 $274,483
2021 $10,990 $899,808 $630,707 $269,101
2019 $10,664 $873,120 $612,000 $261,120
2018 $10,617 $856,000 $600,000 $256,000
2016 $4,582 $356,638 $139,489 $217,149
2015 $4,519 $351,282 $137,394 $213,888
2014 $4,554 $344,402 $134,703 $209,699
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jose Gorostiza

    VIP RE Firm

    Section Image

  • E

    Buyer's Agent in 2017

    Eric Chang

    Blackstone Estates, Inc.

    (310) 435-8179

    12 Total Sales

    Eric Chang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17213449

California Regional Multiple Listing Service (CRMLS)

APN: 5058-020-021

California Los Angeles County Los Angeles 90018 Adams-Normandie

1868 W 25th St, Los Angeles, CA

This home is located at 1868 W 25th St, Los Angeles, CA 90018 since 14 September 2017 and is currently estimated at $1,347,856, approximately $423 per square foot. This property was built in 1921. 1868 W 25th St is a home located in Los Angeles County with nearby schools including Twenty-Fourth Street Elementary School, Birdielee V. Bright Elementary School, and Johnnie L. Cochran Jr. Middle School.

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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