NOT LISTED FOR SALE

Estimated Value: $1,062,000 - $1,367,000

6 Beds
4 Baths
3,424 Sq Ft
$364/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $1,050,000 $307 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,736/month

1 Day on Market

About This Home

As of December 2022

BOYLE HEIGHTS: R3-CUGU ZONING WITH A LOT SIZE AREA OF 8,843 SQ FT. NEW APARTMENT BUILDING OR CONDOMINIUMS CAN BE BUILT (CHECK WITH THE CITY FOR NUMBER UNITS). TRANSIT PRIORITY AREA, STATE ENTERPRISE ZONE, TOC TIER 4.
RIGHT NOW THERE IS A FOURPLEX WITH TWO 2 BEDROOMS, 1 BATHROOM AND TWO 1 BEDROOM, ! BATHROOM.

LOCATION, LOCATION, LOCATION: MINUTES AWAY FROM DOWNTOWN LOS ANGELES, NEAR USC MEDICAL CENTER, USC HEALTH SCIENCES CAMPUS, ART DISTRICT, STAPLE CENTER, CLOSE TO 5, 10, 60, AND 101 FREEWAY.

Last Agent to Sell the Property

Attai Messou

Home Smart Realty Group License #01235440 Listed on: 10/18/2022

Home Smart Realty Group

Last Buyer's Agent

Attai Messou

Home Smart Realty Group License #01235440 Listed on: 10/18/2022

Home Smart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,528

Year Built

  • Built in 1926

Lot Details

  • 8,843 Sq Ft Lot
  • 1 Common Wall
  • Density is 16-20 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,424 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 5
  • Tax Tract Number 1
  • Assessor Parcel Number 5180002007

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $600
  • Trash Expense $300
  • Water Sewer Expense $600
  • Operating Expense $1,700
  • Gross Income $43,000
  • Net Operating Income $43,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,528

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 306250
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5180002007
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 306.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 8843.00
  • Lot Size Acres: 0.2030

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 43000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 8843.0000 Square Feet
  • Net Operating Income: 43000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5000.00
  • Rent Control: Yes
  • Total Expenses: 1700.00

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2016
Sold by
Berganza Jose Walter
Bought by
Nozar Farhad
Current Estimated Value
$1,246,566

Purchase Details

Closed on
Mar 8, 2007
Sold by
Berganza Jose Walter and Berganza Jose W
Bought by
Berganza Jose Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Lopez Yanira M
Bought by
Berganza Jose W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2002
Sold by
Acosta Mario E and Acosta Felicitas
Bought by
Berganza Jose W and Lopez Yanira M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.86%

Purchase Details

Closed on
Jan 24, 1995
Sold by
Inao Howard K and Inao Jane Y
Bought by
Acosta Mario E and Acosta Felicitas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,346
Interest Rate
8.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1993
Sold by
Inao Howard K and Inao Jane Y
Bought by
Inao Howard K and Inao Jane Y
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nozar Farhad $585,000 None Available
Berganza Jose Walter -- Security Union Title
Berganza Jose W -- Stewart Title
Berganza Jose W $280,000 Fidelity National Title Co
Acosta Mario E $157,500 Stewart Title
Inao Howard K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berganza Jose Walter $375,000
Previous Owner Berganza Jose W $336,000
Previous Owner Berganza Jose W $266,000
Previous Owner Acosta Mario E $154,346
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $1,050,000 -14.3% $307 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $1,225,000 -- $358 / 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 $13,528 $1,092,420 $624,240 $468,180
2024 $13,528 $1,071,000 $612,000 $459,000
2023 $13,273 $1,050,000 $600,000 $450,000
2022 $8,128 $639,779 $421,052 $218,727
2021 $8,017 $627,236 $412,797 $214,439
2020 $8,091 $620,806 $408,565 $212,241
2019 $7,788 $608,634 $400,554 $208,080
2018 $7,601 $596,700 $392,700 $204,000
2016 $5,523 $429,035 $230,177 $198,858
2015 $5,447 $422,591 $226,720 $195,871
2014 $5,490 $414,314 $222,279 $192,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22225161

California Regional Multiple Listing Service (CRMLS)

APN: 5180-002-007