NOT LISTED FOR SALE

Estimated Value: $643,000 - $1,478,000

7 Beds
5 Baths
2,766 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $1,289,000 $466 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,741/month

17 Days on Market

Highlights

  • Ground Level Unit
  • Bathtub with Shower
  • Central Heating and Cooling System
  • Double Pane Windows
  • Shed
  • Water Conditioner

About This Home

As of October 2023

Completely remodeled in 2018, this beautifully updated Modern triplex is located in fast appreciating Leimert Park. Close to USC, SoFi Stadium, and Exposition Park. Centrally located to the Expo line and the newly opened Crenshaw line, freeways and downtown Los Angeles. All of the units were completely renovated with new kitchens, new bathrooms, new roof, central A/C and heat, new light fixtures, new windows, new wood flooring, and new concrete driveway. Perfect as an investment or live in one of the units. Each unit comes with one parking spot. Enjoy LA living at its best! 1st unit is 2/1BB, 2nd unit is a 2/2BB and 3rd unit is a free-standing and private home at the rear of property (can be delivered vacant at COE) and 3/2BB. Cap rate 7.18% and GRM 13.

Last Agent to Sell the Property

Belle Tsai

Sotheby's International Realty License #01841341 Listed on: 09/05/2023

Sotheby's International Realty

Last Buyer's Agent

Mark Walker

Nourmand & Associates-HW License #01309961

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,916

Year Built

  • Built in 1948

Lot Details

  • 6,006

Interior Spaces

  • 2,766 Sq Ft Home
  • Double Pane Windows
  • Alarm System

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Water Conditioner

Additional Features

  • Shed
  • 6,006 Sq Ft Lot
  • Ground Level Unit

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5035-020-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,916

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 2766
  • Lot Acreage: 0.1379
  • Year Built: 1948
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Cooktop - Gas, Microwave, Oven-Gas, Range Hood
  • Bedrooms: 7
  • Bathroom Features: Tile, Shower and Tub
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Dishwasher, Gas Dryer Hookup, Microwave, Washer, Water Conditioner, Range/Oven
  • Price Per S Q F T: 466.02
  • Windows: Double Pane Windows

Exterior Features

  • Other Structures: Shed(s)
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 34.83
  • Assessed Improvement Value: 353626
  • Assessed Land Percent: 65.17
  • Assessed Land Value: 661785
  • Total Assessed Value: 1015411
  • Assessor Parcel Number: 5035-020-011
  • Lot Size Area: 6006

Rental Info

  • Owner Pays: Water, Gardener

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.21
  • Number Of Units: 3
  • Total Annual Expense: 5000
  • Type Of Units: Income
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Feldman-Grosse Sara and Pfaff Jenni
Bought by
J & S Collective Llc
Current Estimated Value
$1,186,642

Purchase Details

Closed on
Jun 10, 2024
Sold by
Feldman-Grosse Sara and Pfaff Jenni
Bought by
J & S Collective Llc

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 11, 2023
Sold by
Pfaff William
Bought by
Pfaff Jenni
Seller's Agent
Belle Tsai
Sotheby's International Realty
Buyer's Agent
Mark Walker
Nourmand & Associates-HW
List Price
$1,289,000
Sold Price
$1,289,000
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.36%
Original Mortgage
$966,750
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2023
Closed on
Sep 23, 2023
Sold by
Mitchell Carolina Vazquez Reyes & Benjam
Bought by
Feldman-Grosse Sara and Pfaff Jenni
Seller's Agent
Belle Tsai
Sotheby's International Realty
Buyer's Agent
Mark Walker
Nourmand & Associates-HW
List Price
$1,289,000
Sold Price
$1,289,000
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,750
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jun 3, 2019
Sold by
Ska Investments Llc
Bought by
Mitchell Carolina Vazquez Reyes and Mitchell Benjamin
Seller's Agent
Lorena Arreola
SoCal 5 Real Estate
Buyer's Agent
Belle Tsai
Sotheby's International Realty
List Price
$11,000,000
Sold Price
$1,005,000
Premium/Discount to List
-$9,995,000
-90.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$804,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2018
Closed on
Dec 5, 2018
Sold by
Gable Marshall and Estate Of Jean Gable
Bought by
Ska Investments Llc
Seller's Agent
Kevin Messiha
Keller Williams SELA
Buyer's Agent
Kevin Messiha
Keller Williams SELA
List Price
$675,000
Sold Price
$520,000
Premium/Discount to List
-$155,000
-22.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
205.51%
Original Mortgage
$535,000
Interest Rate
4.8%
Mortgage Type
New Conventional
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
J & S Collective Llc -- None Listed On Document
J & S Collective Llc -- None Listed On Document
Pfaff Jenni -- Pacific Coast Title Company
Feldman-Grosse Sara $1,289,000 Pacific Coast Title Company
Mitchell Carolina Vazquez Reyes $1,005,000 Fidelity National Title
Ska Investments Llc $520,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pfaff Jenni $966,750
Previous Owner Mitchell Carolina Vazquez Reyes $804,000
Previous Owner Ska Investments Llc $535,000
Previous Owner Gable Emma Jean $227,000
Previous Owner Gable Emma J $7,700
Previous Owner Gable Emma J $5,600
Previous Owner Gable Emma Jean $180,000
Previous Owner Gable Emma Jean $159,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $1,289,000 0.0% $466 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $1,289,000 +28.3% $466 / Sq Ft
07/13/2019 07/13/19 Sold $1,005,000 +0.6% $363 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $999,000 -90.9% $361 / Sq Ft
03/27/2019 03/27/19 For Sale $11,000,000 +2015.4% $3,977 / Sq Ft
12/11/2018 12/11/18 Sold $520,000 0.0% $188 / Sq Ft
07/18/2018 07/18/18 Off Market $520,000 -- --
05/07/2018 05/07/18 Price Changed $639,000 -5.3% $231 / Sq Ft
04/25/2018 04/25/18 For Sale $675,000 -- $244 / Sq Ft
Source: The MLS

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 $15,916 $1,314,780 $922,080 $392,700
2024 $15,916 $1,289,000 $904,000 $385,000
2023 $13,043 $1,056,431 $688,520 $367,911
2022 $12,444 $1,035,718 $675,020 $360,698
2021 $12,281 $1,015,411 $661,785 $353,626
2020 $13,409 $1,005,000 $655,000 $350,000
2019 $6,533 $520,000 $400,000 $120,000
2018 $2,342 $167,539 $51,531 $116,008
2016 $2,216 $161,035 $49,531 $111,504
2015 $2,188 $158,617 $48,787 $109,830
2014 $2,217 $155,511 $47,832 $107,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-135891

The MLS

APN: 5035-020-011