NOT LISTED FOR SALE

Estimated Value: $1,020,000 - $1,324,253

6 Beds
4 Baths
2,377 Sq Ft
$482/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $850,000 $358 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,268/month

50 Days on Market

Highlights

  • RV Access or Parking
  • City Lights View
  • Living Room
  • Primary Bedroom Suite
  • Craftsman Architecture
  • 4-minute walk to Estrella Park

About This Home

As of November 2020

Rare opportunity to purchase in North University Park. 1901 Historic Craftsman duplex located within the USC Department of Public Safety Patrol Zone in an area with high comparable rents on a parcel with upside for development in a spacious backyard boasting fully developed Orange trees, a mature Avocado tree, baby pear trees, and two detached storage sheds. Multifamily zoning of RD 1.5, TOC 3 parcel near Expo Line, Blue Line, DTLA, LA Live, near great supermarkets like Whole Foods, Trader Joes, Ralphs, Target, and more. Current floorplan of 3 bed/2 bath for both the upper and lower unit in a high rent area of the city makes this property a winner for either an investor/developer or an owner occupied looking for something more spacious with character. Buyer to verify all sq footage and permitting. Showing by appointment only. May be able to add 2-4 additional units.

Last Agent to Sell the Property

Alvin Mullins

Your Home Team Real Estate License #01128308 Listed on: 08/19/2020

Co-Listed By

Stacie Hardaway

Your Home Team Real Estate License #01927600

Last Buyer's Agent

Jeff Edgar Lunjas

JohnHart Corp. License #02013642

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,183

Year Built

  • Built in 1901

Lot Details

  • 6,524 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Back Yard

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Craftsman Architecture
  • Turnkey
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,377 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Driveway Level
  • Paved Parking
  • RV Access or Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 55555
  • Assessor Parcel Number 5124018005

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1,200
  • New Taxes Expense $10,000
  • Operating Expense $12,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,183

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: LARD1.5
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5124018005
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Levels: Two
  • Price Per Square Foot: 357.59
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level, RV Access/Parking, RV Gated
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6524.00
  • Lot Size Acres: 0.1498

Multi Family

  • Gross Scheduled Income: 67000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6524.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Range: 1
  • Rent Control: Yes
  • Total Expenses: 12200.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 2244.20
  • Tax Lot: 5
  • Tax Tract Number: 55555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Prenga Pjerin
Bought by
Prenga Pjerin and The Brikton Irr Trust
Current Estimated Value
$1,145,063

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 7, 2020
Sold by
Rago Lawrence R
Bought by
Prenga Pjerin
Seller's Agent
Alvin Mullins
Your Home Team Real Estate
Buyer's Agent
Jeff Edgar Lunjas
JohnHart Corp.
List Price
$888,800
Sold Price
$850,000
Premium/Discount to List
-$38,800
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$834,604
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 10, 2012
Closed on
Feb 1, 2013
Sold by
Sandoval Gerardo
Bought by
Rago Lawrence R
Seller's Agent
Heidi Davis
Keller Williams Larchmont
Buyer's Agent
Alvin Mullins
List Price
$335,000
Sold Price
$332,500
Premium/Discount to List
-$2,500
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$326,477
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2011
Sold by
Ryan Anna Rosa Sandoval and Sandoval Family Trust
Bought by
Sandoval Gerardo

Purchase Details

Closed on
Nov 2, 2005
Sold by
Sandoval Lupe
Bought by
Sandoval Lupe C and Sandoval Family Trust

Purchase Details

Closed on
Sep 9, 2002
Sold by
Sandoval Ana Rosa
Bought by
Sandoval Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.89%
Mortgage Type
Unknown
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
Prenga Pjerin -- None Available
Prenga Pjerin $850,000 North American Title Company
Rago Lawrence R $332,500 Equity Title Company
Sandoval Gerardo -- Equity Title Company
Sandoval Gerardo -- None Available
Sandoval Gerardo -- None Available
Sandoval Lupe C -- None Available
Sandoval Lupe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brikton Irr Trust $110,000
Open Brikton Irr Trust $792,000
Closed Prenga Pjerin $834,604
Previous Owner Rago Lawrence R $13,543
Previous Owner Rago Lawrence R $25,050
Previous Owner Rago Lawrence R $326,477
Previous Owner Sandoval Lupe $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $850,000 0.0% $358 / Sq Ft
09/30/2020 09/30/20 Price Changed $849,900 -4.4% $358 / Sq Ft
08/19/2020 08/19/20 For Sale $888,800 +167.3% $374 / Sq Ft
03/07/2013 03/07/13 Sold $332,500 -0.7% $196 / Sq Ft
01/05/2013 01/05/13 Pending -- -- --
05/10/2012 05/10/12 For Sale $335,000 -- $198 / 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
2024 $11,183 $902,026 $742,845 $159,181
2023 $10,972 $884,340 $728,280 $156,060
2022 $10,469 $867,000 $714,000 $153,000
2021 $10,332 $850,000 $700,000 $150,000
2020 $4,749 $374,381 $280,141 $94,240
2019 $4,568 $367,042 $274,649 $92,393
2018 $4,505 $359,846 $269,264 $90,582
2016 $4,288 $345,874 $258,809 $87,065
2015 $4,227 $340,680 $254,922 $85,758
2014 $4,210 $334,008 $249,929 $84,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20169391

California Regional Multiple Listing Service (CRMLS)

APN: 5124-018-005