NOT LISTED FOR SALE

1936 S Rimpau Blvd Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $1,113,000 - $1,549,000

6 Beds
4 Baths
3,208 Sq Ft
$444/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $1,000,000 $312 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,715/month

104 Days on Market

About This Home

As of June 2017

This Quadruplex has 2 units with 2 bedrooms and 1 bathroom, approximately 1000 sq ft. The 2 bedrooms units have a separate dining area and the bathroom is in between both bedrooms with a spacious living room and large windows facing the street. The other 2 units are both 1 bedroom and a bathroom, they are about 600 sq ft. The dining area connects with the living room, the bathroom is between the bedroom and the kitchen. All units have front and back exits. There are 3 single car garage and a storage area, plenty of parking space is available. It is located in a great neighborhood with like properties.

Last Agent to Sell the Property

Oscar Garcia

eXp Realty of Greater L.A License #01465471 Listed on: 01/15/2017

eXp Realty of Greater L.A

Last Buyer's Agent

Babak Siminou

Simco Enterprises Inc License #00980111

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,561

Year Built

  • Built in 1939

Lot Details

  • 6,582 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,208 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 2186
  • Assessor Parcel Number 5061017008

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,563
  • Trash Expense $100
  • Water Sewer Expense $200
  • Operating Expense $1,863
  • Gross Income $43,800
  • Net Operating Income $3,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,561

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: LARD2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5061017008
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 311.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6582.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 43800.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1563.00
  • Net Operating Income: 3650.00
  • 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: 3600.00
  • Rent Control: No
  • Total Expenses: 1863.00

Tax Info

  • Tax Census Tract: 2186.00
  • Tax Lot: 7
  • Tax Tract Number: 2186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2017
Closed on
Jun 6, 2017
Sold by
Etessami Jacqueline
Bought by
Etessami Hirbod
Seller's Agent
Oscar Garcia
eXp Realty of Greater L.A
Buyer's Agent
Babak Siminou
Simco Enterprises Inc
List Price
$960,000
Sold Price
$1,000,000
Premium/Discount to List
$40,000
4.17%
Current Estimated Value
$1,423,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,522
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Feb 21, 2017
Sold by
Meissner Amy
Bought by
Etessami Hirbod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2005
Sold by
Bainbridge Lesbourne
Bought by
Meissner Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
6.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 28, 2000
Sold by
Plumper Emutel
Bought by
Buinbridge Lesbourne

Purchase Details

Closed on
Apr 7, 2000
Sold by
Bainbridge Lesbourne
Bought by
Plumper Emutel

Purchase Details

Closed on
Oct 28, 1999
Sold by
James Othell
Bought by
Bainbridge Lesbourne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
9.3%

Purchase Details

Closed on
Jan 17, 1996
Sold by
Hynson Tessie Mae and Spencer Tessie Mae
Bought by
Hynson Tessie Mae and Spencer Tessie Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Etessami Hirbod -- Lawyers Title
Etessami Hirbod $1,000,000 Lawyers Title
Meissner Amy $625,000 Chicago Title Co
Buinbridge Lesbourne -- --
Plumper Emutel -- --
Bainbridge Lesbourne $270,000 Commonwealth Title
Hynson Tessie Mae -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Etessami Hirbod $750,000
Previous Owner Meissner Amy $437,500
Previous Owner Bainbridge Lesbourne $256,500
Previous Owner Hynson Tessie Mae $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $1,000,000 +4.2% $312 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
02/25/2017 02/25/17 For Sale $960,000 0.0% $299 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $960,000 -4.0% $299 / Sq Ft
01/16/2017 01/16/17 Off Market $1,000,000 -- --
01/15/2017 01/15/17 For Sale $960,000 -- $299 / 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 $14,561 $1,160,580 $812,407 $348,173
2024 $14,561 $1,137,825 $796,478 $341,347
2023 $14,294 $1,115,515 $780,861 $334,654
2022 $13,658 $1,093,643 $765,550 $328,093
2021 $13,485 $1,072,200 $750,540 $321,660
2019 $13,098 $1,040,400 $728,280 $312,120
2018 $12,970 $1,020,000 $714,000 $306,000
2016 $9,275 $721,497 $634,922 $86,575
2015 $9,147 $710,660 $625,385 $85,275
2014 $9,200 $696,740 $613,135 $83,605
Source: Public Records

Agents Affiliated with this Home

  • Oscar Garcia

    Seller's Agent in 2017

    Oscar Garcia

    eXp Realty of Greater L.A

    (323) 702-5711

    6 Total Sales

    Oscar Garcia
    Section Image

  • B

    Buyer's Agent in 2017

    Babak Siminou

    Simco Enterprises Inc

    (818) 986-2274

    3 Total Sales

    Babak Siminou
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17009626

California Regional Multiple Listing Service (CRMLS)

APN: 5061-017-008

California Los Angeles County Los Angeles 90016 Mid-City

1936 S Rimpau Blvd, Los Angeles, CA

Not Listed for Sale

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