NOT LISTED FOR SALE

Estimated Value: $923,000 - $1,822,000

17 Beds
7 Baths
4,940 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $755,000 $153 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,350/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. PROPERTY SOLD TOGETHER AS ONE SALE ALONG WITH APN# 5183-011-012. 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

Year Built

  • Built in 1910

Lot Details

  • 5,490 Sq Ft Lot

Home Design

  • 4,940 Sq Ft Home

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5183011011

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

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5183011011
  • Year Built: 1910
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 152.83

Lot Info

  • Lot Size Sq Ft: 5490.00
  • Lot Size Acres: 0.1260

Multi Family

  • Lot Size Area: 5490.0000 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: 1
  • 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
$1,282,333

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
Outstanding Balance
$376,149
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$906,184

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
4.20%
Original Mortgage
$500,000
Interest Rate
3.32%
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
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
Dany Investment Llc -- Fidelity National Title Co
Ethan Development Llc $377,500 Lawyers Title Co
Revo Cervantes Maria Guadalupe -- --
Cervantes Maria Guadalupe -- --
Cervantes Ignacio -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dany Investment Llc $500,000
Previous Owner Ethan Development Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2013 02/08/13 Sold $755,000 -- $153 / 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 $7,572 $588,403 $220,649 $367,754
2024 $7,572 $576,867 $216,323 $360,544
2023 $7,435 $565,557 $212,082 $353,475
2022 $7,104 $554,469 $207,924 $346,545
2021 $6,993 $543,598 $203,848 $339,750
2019 $6,792 $527,476 $197,802 $329,674
2018 $6,681 $517,134 $193,924 $323,210
2016 $6,343 $497,055 $186,395 $310,660
2015 $6,254 $489,590 $183,596 $305,994
2014 $6,298 $480,000 $180,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12096591

California Regional Multiple Listing Service (CRMLS)

APN: 5183-011-011