NOT LISTED FOR SALE

1954 W Manchester Ave Los Angeles, CA 90047

Gramercy Park Neighborhood

Estimated Value: $835,000 - $880,000

6 Beds
3 Baths
1,920 Sq Ft
$444/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $715,000 $372 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,507/month

16 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Tile Flooring
  • Front Yard
  • Double Pane Windows
  • Central Heating and Cooling System
  • 2-minute walk to St Andrews playground

About This Home

As of February 2021

Great investment opportunity, Three beautiful units on southwest area centrally located. This Triplex has a huge potential income opportunity. Each units is well maintained with new electrical panels, Copper plumbing and Central AC/Heating. These units are located near by restaurants, grocery stores, parks, the new SoFi Stadium, Hospitals and more. Property is being sold As-Is.

Last Agent to Sell the Property

HECTOR RUIZ

REAL ESTATE EXECUTIVES License #01222299 Listed on: 12/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,406

Year Built

  • Built in 1943

Lot Details

  • 5,130 Sq Ft Lot
  • No Common Walls
  • Front Yard

Interior Spaces

  • 1,920 Sq Ft Home
  • Double Pane Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 11169
  • Assessor Parcel Number 6036008002

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $987
  • Trash Expense $75
  • New Taxes Expense $5,965
  • Operating Expense $7,027
  • Gross Income $36,594
  • Net Operating Income $36,594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,406

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 6036008002
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 372.40
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 75.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5130.00
  • Lot Size Acres: 0.1178

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 36594.00
  • Gross Scheduled Income: 39144.00
  • Insurance Expense: 987.00
  • Lot Size Area: 5130.0000 Square Feet
  • Net Operating Income: 36594.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 2550.00
  • Rent Control: Yes
  • Total Actual Rent: 3262.00
  • Total Expenses: 7027.00

Tax Info

  • New Taxes Expense: 5965.00
  • Tax Census Tract: 2384.00
  • Tax Lot: 2
  • Tax Tract Number: 11169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2021
Sold by
Brinson Wesley and Brinson Wesley Rashad
Bought by
Wrbpropertiesla Llc
Current Estimated Value
$862,652

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 4, 2021
Sold by
Castaneda Flavio and The Castaneda Trust
Bought by
Brinson Wesley and Brinson Whitney
Seller's Agent
HECTOR RUIZ
REAL ESTATE EXECUTIVES
List Price
$714,990
Sold Price
$715,000
Premium/Discount to List
$10
0.001%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$702,049
Interest Rate
2.67%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 4, 2020
Closed on
Dec 24, 2020
Sold by
Castaneda Trust and Castaneda Flavio
Bought by
Brinson Wesley and Brinson Whitney
Seller's Agent
HECTOR RUIZ
REAL ESTATE EXECUTIVES
List Price
$714,990
Sold Price
$715,000
Premium/Discount to List
$10
0.001%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,049
Interest Rate
2.67%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2016
Sold by
Castaneda Flavio and Castaneda Guerra Martha
Bought by
Castaneda Flavio and Castaneda Trust

Purchase Details

Closed on
Nov 17, 2004
Sold by
Castaneda Flavio
Bought by
Castaneda Flavio and Guerra Martha Castaneda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2004
Sold by
Flores Elsa
Bought by
Castaneda Flavio

Purchase Details

Closed on
Dec 4, 2003
Sold by
Hud
Bought by
Flores Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Allison Deon and Singleton Starlyn
Bought by
National City Mtg Co and Accubanc Mtg

Purchase Details

Closed on
Jun 14, 2000
Sold by
Amaya Victor
Bought by
Allison Deon and Singleton Starlyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,119
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 1997
Sold by
General Financial Services Inc
Bought by
Amaya Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,416
Interest Rate
7.42%

Purchase Details

Closed on
Jul 23, 1997
Sold by
Munoz Salvador and General Financial Services Inc
Bought by
General Financial Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,416
Interest Rate
7.42%

Purchase Details

Closed on
Apr 20, 1995
Sold by
Munoz Salvador
Bought by
Ana Maria Hernandez Trust
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
Wrbpropertiesla Llc -- None Listed On Document
Brinson Wesley $715,000 Monarch Title Company
Brinson Wesley $715,000 New Title Company Name
Castaneda Flavio -- None Available
Castaneda Flavio -- Fidelity National Title Comp
Castaneda Flavio -- --
Flores Elsa $280,000 Southland Title
National City Mtg Co $257,589 United Title Company
Allison Deon $230,000 American Title Co
Amaya Victor $110,000 Lawyers Title
General Financial Services Inc $92,000 Stewart Title
Ana Maria Hernandez Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brinson Wesley $702,049
Previous Owner Brinson Wesley $702,049
Previous Owner Castaneda Flavio $232,000
Previous Owner Flores Elsa $224,000
Previous Owner Allison Deon $228,119
Previous Owner Amaya Victor $26,042
Previous Owner Amaya Victor $21,650
Previous Owner Amaya Victor $110,416
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $715,000 0.0% $372 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $714,990 -- $372 / 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 $9,406 $758,763 $732,233 $26,530
2024 $9,406 $743,886 $717,876 $26,010
2023 $9,233 $729,300 $703,800 $25,500
2022 $8,984 $729,300 $703,800 $25,500
2021 $6,142 $482,898 $360,566 $122,332
2020 $6,200 $477,947 $356,869 $121,078
2019 $5,967 $468,576 $349,872 $118,704
2018 $5,849 $459,389 $343,012 $116,377
2016 $5,589 $441,553 $329,694 $111,859
2015 $5,511 $434,921 $324,742 $110,179
2014 $5,547 $426,402 $318,381 $108,021
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    HECTOR RUIZ

    REAL ESTATE EXECUTIVES

    (562) 569-3224

    1 in this area

    11 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB20248657

California Regional Multiple Listing Service (CRMLS)

APN: 6036-008-002

California Los Angeles County Los Angeles 90047 Gramercy Park

1954 W Manchester Ave, Los Angeles, CA

This home is located at 1954 W Manchester Ave, Los Angeles, CA 90047 since 04 December 2020 and is currently estimated at $852,625, approximately $444 per square foot. This property was built in 1943. 1954 W Manchester Ave is a home located in Los Angeles County with nearby schools including George Washington Preparatory High School, Vox Collegiate of Los Angeles, and Alliance Piera Barbaglia Shaheen Health Services 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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