NOT LISTED FOR SALE

2029 E 3rd St Los Angeles, CA 90033

Estimated Value: $859,000 - $1,482,000

17 Beds
7 Baths
2,996 Sq Ft
$364/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $755,000 $252 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,579/month

About This Home

As of February 2013

FAMILY TRUST AUCTION!!! Please see private remarks or contact listing office or see listing office website for viewing instructions and auction requirements. 2 GATED, MULTI UNIT PROPERTIES SOLD TOGETHER AS ONE SALE. 2029 E. 3RD STREET HAS (2) 2 BEDROOM, 1 BATH UNITS & (1) 3 BEDROOM, 1 BATH UNIT. 2033 E. 3RD STREET HAS (2) 3 BEDROOM, 1¼ BATH UNITS & (2) 2 BEDROOM, 1 BATH UNITS. SEPARATE GAS & ELECTRIC METERS FOR EACH UNIT. OWNER PAYS WATER/TRASH FOR ALL 2029 E. 3RD STREET UNITS & REAR BLDG (2 UNITS) FOR 2033 E. 3RD STREET (217-219 S. ST. LOUIS ST.). OUTSIDE PARKING. GOOD FIXER OPPORTUNITY WITH UPSIDE POTENTIAL. CLOSE TO SCHOOLS, SHOPPING & 5 FREEWAY. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS. SOLD TOGETHER AS ONE SALE WITH PARCEL # 5183-011-011. SOLD SUBJECT TO COURT CONFIRMATION.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. License #00945753 Listed on: 09/16/2012

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 1923

Lot Details

  • 5,455 Sq Ft Lot

Home Design

  • 2,996 Sq Ft Home

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 5183011012

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,032

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5183011012
  • Year Built: 1923
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 252.00

Lot Info

  • Lot Size Sq Ft: 5455.00
  • Lot Size Acres: 0.1250

Multi Family

  • Lot Size Area: 5455.0000 Square Feet
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Units Total: 7
  • Rent Control: Yes

Tax Info

  • Tax Lot: 2
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2013
Sold by
Ethan Development Llc
Bought by
Dany Investment Llc
Current Estimated Value
$1,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.53%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Sep 16, 2012
Closed on
Dec 26, 2012
Sold by
Revo Oveross Greg and Revo Maria Guadalupe Cervantes
Bought by
Ethan Development Llc
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
Out Of Area Southland
SOUTHLAND
Sold Price
$755,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$500,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Cervantes Maria Guadalupe and The Maria Guadalupe Cervantes
Bought by
Cervantes Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2000
Sold by
Cervantes Maria G
Bought by
Revo Cervantes Maria Guadalupe and Revo Maria Guadalupe Cervantes

Purchase Details

Closed on
Jan 15, 1999
Sold by
Cervantes Maria G
Bought by
Cervantes Ignacio

Purchase Details

Closed on
Dec 27, 1993
Sold by
Cervantes Maria Guadalupe and Cervantes Alicia
Bought by
Cervantes Maria Guadalupe and Cervantes Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.38%
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
Dany Investment Llc -- Fidelity National Title Co
Ethan Development Llc $377,500 Lawyers Title Co
Cervantes Maria -- Southland Title Corporation
Revo Cervantes Maria Guadalupe -- --
Cervantes Maria Guadalupe -- --
Cervantes Ignacio -- First American Title Co
Cervantes Maria Guadalupe -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dany Investment Llc $1,000,000
Closed Dany Investment Llc $500,000
Closed Dany Investment Llc $500,000
Previous Owner Ethan Development Llc $500,000
Previous Owner Cervantes Maria $167,500
Previous Owner Cervantes Maria Guadalupe $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $755,000 -- $252 / Sq Ft
09/16/2012 09/16/12 Pending -- -- --
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 $5,032 $386,136 $202,262 $183,874
2024 $5,032 $378,566 $198,297 $180,269
2023 $4,942 $371,144 $194,409 $176,735
2022 $4,724 $363,868 $190,598 $173,270
2021 $4,652 $356,734 $186,861 $169,873
2020 $4,693 $353,077 $184,945 $168,132
2019 $4,520 $346,155 $181,319 $164,836
2018 $4,402 $339,368 $177,764 $161,604
2016 $4,182 $326,192 $170,862 $155,330
2015 $4,124 $321,293 $168,296 $152,997
2014 $4,156 $315,000 $165,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12096580

California Regional Multiple Listing Service (CRMLS)

APN: 5183-011-012