NOT LISTED FOR SALE

2030 3rd Ave Los Angeles, CA 90018

Arlington Heights Neighborhood

Estimated Value: $1,786,000 - $1,890,277

10 Beds
5 Baths
3,854 Sq Ft
$477/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $1,445,000 $375 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,336/month

15 Days on Market

About This Home

As of April 2019

Consisting of two duplexes and one stand-alone bungalow unit on an 8,199 square foot parcel, the property comprises entirely of two-bedroom units. Current ownership has extensively renovated three of the five units at the property including adding stainless appliances, new flooring and upgraded kitchens and bathrooms. Additionally, the common area has been improved with new exterior paint and landscaping upgrades. Due to its 1921 construction, the property is subject to Los Angeles rent control statutes.

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 03/05/2019

Last Buyer's Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 03/05/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 8,199 Sq Ft Lot

Parking

  • 6 Parking Spaces

Interior Spaces

  • 3,854 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5060-030-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

8,199 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3854
  • Stories: 1
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 382.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 625000
  • Assessed Land Value: 270000
  • Assessor Parcel Number: 5060-030-015
  • Geocode Override: No
  • Lot Size Area: 8199

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.07
  • Number Of Units: 5
  • Type Of Units: residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Apr 18, 2019
Sold by
Bay West4 Llc
Bought by
Burke Farrand Stephen Jay and Burke Farrand Amanda
Seller's Agent
Sean Rosenzweig
Marcus & Millichap
Buyer's Agent
Sean Rosenzweig
Marcus & Millichap
List Price
$1,475,000
Sold Price
$1,445,000
Premium/Discount to List
-$30,000
-2.03%
Current Estimated Value
$1,838,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,139
Avg. Annual Appreciation
3.55%
Original Mortgage
$949,000
Outstanding Balance
$834,340
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$1,003,799

Purchase Details

Closed on
Sep 13, 2016
Sold by
Espinosa Albert T and Espinosa Roxane H
Bought by
Baywest4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
3.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 26, 2013
Sold by
Espinosa Albert T and Espinosa Roxane H
Bought by
Espinosa Albert T and Espinosa Roxane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
4.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2002
Sold by
Espinosa Albert T and Espinosa Roxane H
Bought by
Espinosa Albert T and Espinosa Roxane H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burke Farrand Stephen Jay $1,445,000 North American Title Company
Baywest4 Llc $895,000 Chicago Title Company
Espinosa Albert T -- Stewart Title Of Ca Inc
Espinosa Albert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Farrand Stephen Jay $949,000
Previous Owner Baywest4 Llc $716,000
Previous Owner Espinosa Albert T $272,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $1,445,000 -2.0% $375 / Sq Ft
03/21/2019 03/21/19 For Sale $1,475,000 0.0% $383 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $1,475,000 -- $383 / Sq Ft
Source: The MLS

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 $20,005 $1,611,921 $823,251 $788,670
2024 $20,005 $1,580,315 $807,109 $773,206
2023 $19,633 $1,549,330 $791,284 $758,046
2022 $18,750 $1,518,952 $775,769 $743,183
2021 $18,516 $1,489,169 $760,558 $728,611
2020 $18,710 $1,473,900 $752,760 $721,140
2019 $6,146 $931,158 $280,908 $650,250
2018 $11,781 $912,900 $275,400 $637,500
2016 $3,469 $227,322 $122,325 $104,997
2015 $3,429 $223,908 $120,488 $103,420
2014 $3,475 $219,523 $118,128 $101,395
Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2019

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    4 in this area

    70 Total Sales

    Sean Rosenzweig
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Map

Source: The MLS

MLS Number: 19-440810

The MLS

APN: 5060-030-015

California Los Angeles County Los Angeles 90018 Arlington Heights

2030 3rd Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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