NOT LISTED FOR SALE

Estimated Value: $779,000 - $929,000

5 Beds
4 Baths
2,682 Sq Ft
$321/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $630,000 $235 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,417/month

101 Days on Market

About This Home

As of September 2019

GREAT AREA OF LOS ANGELES!! NICE FOURPLEX PROPERTY, ONE 2 BEDROOM UNIT AND THREE 1 BEDROOM 1 BATH UNITS WITH 4 ONE CAR GARAGES IN THE REAR OF THE PROPERTY. UNITS ARE IN GOOD CONDITION WITH LONG TERM TENANTS. PROPERTY WILL NOT BE DELIVERED VACANT! DRIVE BY ONLY SUBJECT TO INTERIOR INSPECTION.

Last Agent to Sell the Property

Miguel Gonzalez

Century 21 Allstars License #01716213 Listed on: 03/15/2019

Century 21 Allstars

Last Buyer's Agent

Miguel Gonzalez

Century 21 Allstars License #01716213 Listed on: 03/15/2019

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,659

Year Built

  • Built in 1940

Lot Details

  • 6,240 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,682 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 720
  • Tax Tract Number 2325
  • Assessor Parcel Number 5005022018

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $8,750
  • Operating Expense $9,950
  • Gross Income $34,248
  • Net Operating Income $31,848

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,659

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5005022018
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 234.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 6240.00
  • Lot Size Acres: 0.1433

Multi Family

  • Gross Income: 34248.00
  • Gross Scheduled Income: 34248.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6240.0000 Square Feet
  • Net Operating Income: 31848.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 2400.00
  • Rent Control: Yes
  • Total Expenses: 9950.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Census Tract: 2325.00
  • Tax Lot: 720
  • Tax Tract Number: 2325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2019
Sold by
V Mar Inc
Bought by
Ventura David and Ventura Dina
Current Estimated Value
$861,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2018
Sold by
Martinez Victor Javier
Bought by
V Mar Inc

Purchase Details

Closed on
Apr 30, 2018
Sold by
Blrden Frank
Bought by
Martinez Victor Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2007
Sold by
Neville Catherine
Bought by
Catherine Neville Revocable Trust
Source: Public Records

Range of Values:

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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
Ventura David $630,000 Wfg Title Company Of Ca
V Mar Inc -- Title365
Martinez Victor Javier $580,000 North American Title Company
Martinez Victor Javier $580,000 North American Title Company
Catherine Neville Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventura David $460,000
Previous Owner Ventura David $472,500
Previous Owner Martinez Victor Javier $493,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2019 09/03/19 Sold $630,000 -3.1% $235 / Sq Ft
05/08/2019 05/08/19 Price Changed $649,900 -3.7% $242 / Sq Ft
04/09/2019 04/09/19 Price Changed $674,900 -2.2% $252 / Sq Ft
03/15/2019 03/15/19 For Sale $689,900 +18.9% $257 / Sq Ft
07/10/2018 07/10/18 Sold $580,000 -3.3% $216 / Sq Ft
05/18/2018 05/18/18 For Sale $600,000 0.0% $224 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/14/2018 04/14/18 Price Changed $600,000 -14.3% $224 / Sq Ft
04/20/2017 04/20/17 For Sale $700,000 -- $261 / 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 $8,659 $688,992 $579,629 $109,363
2024 $8,659 $675,483 $568,264 $107,219
2023 $8,502 $662,239 $557,122 $105,117
2022 $8,124 $649,255 $546,199 $103,056
2021 $8,014 $636,526 $535,490 $101,036
2019 $7,921 $580,000 $400,000 $180,000
2018 $6,783 $530,400 $367,200 $163,200
2016 $1,033 $53,172 $22,343 $30,829
2015 $1,023 $52,374 $22,008 $30,366
2014 $1,057 $51,349 $21,577 $29,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19058982

California Regional Multiple Listing Service (CRMLS)

APN: 5005-022-018