NOT LISTED FOR SALE

Estimated Value: $683,000 - $1,028,000

3 Beds
2 Baths
2,930 Sq Ft
$302/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $490,000 $167 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,392/month

22 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Wall Furnace
  • Corner Lot

About This Home

As of February 2016

Corner Multi-family Home in South Los Angeles. Makes for Great income property for your Investor or Starter Family. Rents to Market and Great positive cash flow. 2 Units offer 2 bedrooms and 1 bathroom. 2 Units offer 1 bedroom/1 bath. Minutes from downtown, parks and schools. Most errands can be done on foot! Nearby schools include Alliance College-Ready Middle Academy No. 12, and Bright Star Secondary Charter Academy (7 star rating!). Nearby parks include South Park, Gilbert Lindsay Recreation Center and Theresa Lindsay Park. Don't hesitate, this one will go fast!

Last Agent to Sell the Property

Elyssa Apodaca

Keller Williams Pacific Estates La Mirada License #01945344 Listed on: 12/11/2015

Keller Williams Pacific Estates La Mirada

Last Buyer's Agent

ELVIRA RANGEL

FIRST FAMILY HOMES License #01078110

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,351

Year Built

  • Built in 1923

Lot Details

  • 5,775 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Private Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 2,930 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Exterior Lighting
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2816
  • Assessor Parcel Number 5109008001

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $600
  • Gardener Expense $720
  • Insurance Expense $900
  • Water Sewer Expense $1,400
  • Gross Income $4,134
  • Net Operating Income $514

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,351

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: JN Baker Tract
  • Water Sewer Expenses: 1400.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5109008001
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 167.24
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Corner Lot, Yard
  • Lot Size Sq Ft: 5775.00
  • Price Per Lot Square Foot: 84.85
  • Lot Size Acres: 0.1330

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 4134.00
  • Gross Scheduled Income: 4134.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5775.0000 Square Feet
  • Net Operating Income: 514.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 3620.00
  • Rent Control: Yes

Tax Info

  • Tax Area: 7
  • Tax Lot: 1
  • Tax Tract Number: 2816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
Madrid Jovanna L
Bought by
Madrid Rurik and Madrid Jovanna
Current Estimated Value
$884,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$290,719
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$593,326

Purchase Details

Listed on
Dec 11, 2015
Closed on
Jan 20, 2016
Sold by
Madrid Rurik A
Bought by
Madrid Jovanna L
Seller's Agent
Elyssa Apodaca
Keller Williams Pacific Estates La Mirada
Buyer's Agent
ELVIRA RANGEL
FIRST FAMILY HOMES
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$367,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2013
Sold by
Dts Holdings Llc
Bought by
Dts Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 28, 2012
Closed on
Feb 8, 2013
Sold by
Esparza Frances
Bought by
Dts Holdings Llc
Seller's Agent
Victor Paredes
IET Real Estate
Buyer's Agent
Victor Paredes
IET Real Estate
List Price
$250,000
Sold Price
$233,000
Premium/Discount to List
-$17,000
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%

Purchase Details

Closed on
Jan 16, 2004
Sold by
Rodriguez Teresa
Bought by
Home Dreamworks Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Home Dreamworks Inc
Bought by
Esparza Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Rodriguez Jose
Bought by
Rodriguez Teresa

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
7%

Purchase Details

Closed on
Jul 12, 2001
Sold by
Equity Plus Investment Inc
Bought by
Rodriguez Teresa

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
7%

Purchase Details

Closed on
May 9, 2001
Sold by
Yurosek Dennis and Zweig Manuel
Bought by
Equity Plus Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
7.15%

Purchase Details

Closed on
Mar 29, 2001
Sold by
Martin Carlos
Bought by
Yurosek Dennis and The Zweig Family Trust Of 1982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
7.15%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Martin Carlos
Bought by
Carrillo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
8.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2000
Sold by
Washington Mutual Bank Fa
Bought by
Martin Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.67%

Purchase Details

Closed on
Feb 23, 2000
Sold by
Boutte Phillip and Boutte La Wanda
Bought by
Washington Mutual Bank Fa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.67%

Purchase Details

Closed on
Jan 4, 1995
Sold by
Great Western Bank Fsb
Bought by
Boutte Phillip and Boutte La Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
9.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 1994
Sold by
Hernandez Jose Miguel and Hernandez Maria Rodeliza
Bought by
Great Western Bank Fsb
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
Madrid Rurik -- Fidelity National Title Co
Madrid Jovanna L -- First American Title Ins Co
Madrid Jovanna L $490,000 First American Title Ins Co
Dts Holdings Llc -- Old Republic Title Co La
Dts Holdings Llc $233,000 Title 365
Home Dreamworks Inc -- Diversified Title & Escrow S
Esparza Frances $349,000 Diversified Title & Escrow S
Rodriguez Teresa -- American Title Co
Rodriguez Teresa $300,000 American Title Co
Equity Plus Investment Inc $179,000 American Title Co
Yurosek Dennis $184,076 American Title
Aztec Financial $184,076 American Title
Carrillo Maria -- Benefit Land Title Company
Martin Carlos $153,000 Fidelity National Title Co
Washington Mutual Bank Fa $151,183 Stewart Title
Boutte Phillip $613,636 Chicago Title Company
Great Western Bank Fsb $116,160 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrid Jovanna L $340,000
Closed Madrid Jovanna L $367,500
Previous Owner Dts Holdings Llc $204,000
Previous Owner Esparza Frances $417,000
Previous Owner Esparza Frances $318,500
Previous Owner Esparza Frances $100,000
Previous Owner Esparza Frances $279,200
Previous Owner Rodriguez Teresa $232,000
Previous Owner Equity Plus Investment Inc $179,000
Previous Owner Carrillo Maria $49,500
Previous Owner Martin Carlos $162,000
Previous Owner Boutte Phillip $135,000
Closed Esparza Frances $69,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $490,000 -1.8% $167 / Sq Ft
01/02/2016 01/02/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $499,000 +114.2% $170 / Sq Ft
03/11/2013 03/11/13 Sold $233,000 -6.8% $80 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $250,000 -- $85 / 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 $7,351 $580,053 $355,136 $224,917
2024 $7,351 $568,680 $348,173 $220,507
2023 $7,216 $557,531 $341,347 $216,184
2022 $6,892 $546,600 $334,654 $211,946
2021 $6,797 $535,884 $328,093 $207,791
2019 $6,601 $520,491 $318,362 $202,129
2018 $6,492 $510,296 $312,120 $198,176
2016 $4,067 $312,069 $176,839 $135,230
2015 $4,011 $307,382 $174,183 $133,199
2014 $4,050 $321,452 $180,817 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15261846

California Regional Multiple Listing Service (CRMLS)

APN: 5109-008-001