6
Beds
4
Baths
2,483
Sq Ft
7,280
Sq Ft Lot
Highlights
- No HOA
- No Interior Steps
- 2-minute walk to Chesterfield Square Park
- Neighborhood Views
- Wall Furnace
About This Home
As of October 20164 units, 3 units with 1 bedroom 1 bath, 1 unit with 3 bedrooms 1 bath. All rented, 1 bed 1 bath rents': $575, $700, $900. 3 bed 1 bath rent's $1,100. This is a good investment property, it sets on a large lot and it was built in 1948. Buyer has potential toward raising the rents for some units, It has new water heater replaced in 1 unit in Feb 2014, and city's inspection was done in April 2014 with some minor works done per city's inspection, over all, this's a good investment property for this low price.
Last Agent to Sell the Property
Jorge Castro
PWR Staff Listed on: 12/30/2014
Last Buyer's Agent
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER License #05555555
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,221
Year Built
- Built in 1948
Lot Details
- 7,280 Sq Ft Lot
- 1 Common Wall
Parking
- 1 Car Garage
- Parking Available
Home Design
- Property Attached
- Cosmetic Repairs Needed
- Composition Roof
Interior Spaces
- 2,483 Sq Ft Home
- Neighborhood Views
- Window Bars
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Accessible Home Design
- No Interior Steps
- More Than Two Accessible Exits
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 602
- Assessor Parcel Number 5005016020
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,100
- Pest Control $340
- Water Sewer Expense $1,100
- New Taxes Expense $6,000
- Gross Income $3,275
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 24, 2017
Sold by
Balerno Castle Llc
Bought by
Coleman Gary N
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Outstanding Balance
$533,042
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$637,010
Purchase Details
Listed on
Jun 8, 2016
Closed on
Sep 21, 2016
Sold by
Dli Properties Llc
Bought by
Balerno Castle Llc
Seller's Agent
Monica Acosta
No Firm Affiliation
Buyer's Agent
Jack Stephan
Jack Stephan, Broker
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$382,500
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 1, 2016
Sold by
Fukushima Adam
Bought by
Dli Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000,000
Interest Rate
3.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 6, 2014
Sold by
Fukushima Adam
Bought by
Set In Stone Real Estate & Investments C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.82%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 19, 2012
Sold by
Early Hattie Mae
Bought by
Fukushima Adam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.86%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 1, 2003
Sold by
Early Hattie Mae and Hattie Mae Early Separate Prop
Bought by
Early Hattie Mae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2001
Sold by
Early Hattie Mae
Bought by
Early Hattie Mae and Hattie Mae Early Separate Prop
Purchase Details
Closed on
Dec 23, 1994
Sold by
First National Mtg Company
Bought by
Bablot Steven and Bablot Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
5.25%
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $850,000 | Fidelity National Title Co | |
| Grant Deed | $450,000 | Fidelity Sherman Oaks | |
| Trustee Deed | $400,000 | None Available | |
| Grant Deed | $49,500 | Provident Title Company | |
| Grant Deed | $310,000 | California Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National | |
| Interfamily Deed Transfer | -- | -- | |
| Corporate Deed | $104,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $637,500 | New Conventional | |
| Previous Owner | $382,500 | Purchase Money Mortgage | |
| Previous Owner | $100,000,000 | Commercial | |
| Previous Owner | $20,000 | Seller Take Back | |
| Previous Owner | $55,000 | Stand Alone Second | |
| Previous Owner | $302,141 | FHA | |
| Previous Owner | $185,500 | Purchase Money Mortgage | |
| Previous Owner | $83,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2016 10/05/16 | Sold | $450,000 | -9.8% | $181 / Sq Ft |
| 09/15/2016 09/15/16 | Pending | -- | -- | -- |
| 06/08/2016 06/08/16 | For Sale | $499,000 | +23.2% | $201 / Sq Ft |
| 01/16/2015 01/16/15 | Sold | $405,000 | -26.4% | $163 / Sq Ft |
| 10/28/2014 10/28/14 | Pending | -- | -- | -- |
| 07/13/2013 07/13/13 | For Sale | $550,000 | +77.4% | $222 / Sq Ft |
| 06/08/2012 06/08/12 | Sold | $310,000 | -23.5% | $212 / Sq Ft |
| 04/25/2012 04/25/12 | Pending | -- | -- | -- |
| 02/01/2012 02/01/12 | For Sale | $405,000 | -- | $278 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,221 | $986,491 | $789,195 | $197,296 |
| 2024 | $12,221 | $967,149 | $773,721 | $193,428 |
| 2023 | $11,995 | $948,186 | $758,550 | $189,636 |
| 2022 | $11,455 | $929,595 | $743,677 | $185,918 |
| 2021 | $11,309 | $911,369 | $729,096 | $182,273 |
| 2019 | $11,031 | $884,340 | $707,472 | $176,868 |
| 2018 | $10,848 | $867,000 | $693,600 | $173,400 |
| 2016 | $5,342 | $411,176 | $208,126 | $203,050 |
| 2015 | $4,303 | $323,980 | $209,020 | $114,960 |
| 2014 | $4,345 | $317,635 | $204,926 | $112,709 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2016
Monica Acosta
No Firm Affiliation
-
J
Seller Co-Listing Agent in 2016
Jack Stephan
Jack Stephan, Broker
(310) 936-8334
60 Total Sales
-
J
Seller's Agent in 2015
Jorge Castro
PWR Staff
-
P
Buyer's Agent in 2015
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER
-
A
Seller's Agent in 2012
Albert Mejia
Pezzini Luxury Homes
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14049653
APN: 5005-016-020
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.
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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