$1,050,000
SOLD JUN 20, 2024
4 Beds
3 Baths
2,422 Sq Ft
7,469 Sq Ft Lot

Recently Sold

$434 Per Sq Ft

12% Below List Price

42 Days on Market

Highlights

  • Neighborhood Views
  • Laundry Room
  • Wall Furnace
  • Living Room
  • 3 Car Garage

About This Home

As of June 2024

Investment Opportunity in Los Angeles. Three detached units with 3 car garages. Two units are each 1 bedroom and 1 bathroom and third unit is 2 bedrooms and 1 bathroom. Conveniently located close to shopping, entertainment, freeways, etc...

Last Agent to Sell the Property

Carrie Uva

24 Hour Real Estate Brokerage Phone: 562-761-0597 License #01152047 Listed on: 04/02/2024

Last Buyer's Agent

Marissa McMillon

Compass License #02149044

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,559

Year Built

  • Built in 1939

Lot Details

  • 7,469 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 2,422 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 20
  • Assessor Parcel Number 5419002017
  • $407 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Water Sewer Expense $9,600
  • Operating Expense $11,600
  • Gross Income $55,680
  • Net Operating Income $43,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,559

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 400000
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 9600.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5419002017
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 433.53
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7469.00
  • Lot Size Acres: 0.1715
  • Latitude Manual: 34.08324200

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 55680.00
  • Gross Scheduled Income: 55680.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7469.0000 Square Feet
  • Net Operating Income: 43680.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12000.00
  • Rent Control: Yes
  • Total Expenses: 11600.00

Tax Info

  • Tax Census Tract: 1974.20
  • Tax Lot: 20
  • Tax Tract Number: n'a
  • TaxOtherAnnualAssessmentAmount: 407.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jun 13, 2024
Sold by
Silvia Liseth Chicas Revocable Living Tr and Chicas Silvia Liseth
Bought by
Reese Family Survivor Trust and Reese
Seller's Agent
Carrie Uva
24 Hour Real Estate
Buyer's Agent
Marissa McMillon
Compass
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Total Days on Market
42
Views
26
Current Estimated Value
$1,039,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,202
Avg. Annual Appreciation
-1.02%

Purchase Details

Closed on
Sep 25, 2014
Sold by
Chicas Silvia Liseth
Bought by
Chicas Silvia Liseth and The Silvia Liseth Chicas Revoc

Purchase Details

Closed on
Feb 7, 2007
Sold by
Carrillo Jose Francisco and Chicas Silvia Lisseth
Bought by
Carrillo Jose Francisco and Chicas Silvia Lisseth

Purchase Details

Closed on
Mar 26, 1999
Sold by
Tapia Sergio and Chicas Silvia L
Bought by
Carrillo Jose and Chicas Silvia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.2%

Purchase Details

Closed on
Aug 15, 1996
Sold by
Tapia Sergio and Tapia Mirna Janet
Bought by
Tapia Sergio and Chicas Silvia L

Purchase Details

Closed on
Jul 26, 1994
Sold by
Rice Mildred Dean and Mildred Dean Rice Trust
Bought by
Tapia Sergio and Tapia Mirna Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,250
Interest Rate
8.57%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,050,000 Monarch Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- Benefit Land Title Ins Co
Gift Deed -- --
Grant Deed $147,000 Provident Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $122,000 No Value Available
Previous Owner $132,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $1,050,000 -12.5% $434 / Sq Ft
04/02/2024 04/02/24 For Sale $1,200,000 -- $495 / 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 $3,559 $262,744 $261,206 $1,538
2023 $3,496 $257,593 $256,085 $1,508
2022 $3,343 $252,543 $251,064 $1,479
2021 $3,291 $247,592 $246,142 $1,450
2020 $3,318 $245,055 $243,619 $1,436
2019 $3,199 $240,251 $238,843 $1,408
2018 $3,113 $235,541 $234,160 $1,381
2017 $2,955 $230,923 $229,569 $1,354
2016 $2,862 $226,396 $225,068 $1,328
2015 $2,821 $222,997 $221,688 $1,309
2014 $2,852 $218,630 $217,346 $1,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24065319

California Regional Multiple Listing Service (CRMLS)

APN: 5419-002-017