NOT LISTED FOR SALE

Estimated Value: $803,000 - $904,000

5 Beds
3 Baths
2,735 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $685,000 $250 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,128/month

8 Days on Market

About This Home

As of June 2022

This triplex features two 2 bed & 1 bath units & one 1 bed & 1 bath unit! Perfect starter income property that sits minutes away from Downtown Los Angeles & offers access to all of the major freeways. The property offers enough parking to suit each tenants needs, fitting up to 5 cars in the driveway alone. The property is also a great investment opportunity as many people are buying and flipping in the area due to the much awaited South of 10 Project (a project set forth by the City of Los Angeles to revitalized the Southside)! This property is minutes away from some of Los Angeles' greatest attraction Staples Center, USC, Arts District, Little Tokyo, Exposition Park, Union Station, Natural History Museum, and California Science Museum;also, let's not forget the in the works projects like, the Los Angeles Football Club Stadium & George Lucas Museum of Narrative Art. Watch South LA change before your eyes and GET/INVEST IN HERE EARLY BEFORE IT'S TOO LATE!!!!

Last Agent to Sell the Property

Aaron Mejia

Christie's International Real Estate SoCal License #01896881 Listed on: 03/21/2022

Christie's International Real Estate SoCal

Last Buyer's Agent

Aaron Mejia

Christie's International Real Estate SoCal License #01896881 Listed on: 03/21/2022

Christie's International Real Estate SoCal

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 7,306

Parking

  • Driveway

Interior Spaces

  • 2,735 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 7,306 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5127-037-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2735
  • Lot Acreage: 0.1677
  • Stories: 1
  • Year Built: 1911
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 274.22

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 37.26
  • Assessed Improvement Value: 26218
  • Assessed Land Percent: 62.74
  • Assessed Land Value: 44153
  • Total Assessed Value: 70371
  • Assessor Parcel Number: 5127-037-013
  • Lot Size Area: 7306

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.47
  • Number Of Units: 3
  • Type Of Units: 3

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2023
Sold by
Montes Norma and Monies Patricia
Bought by
Mantes Norma and Malvaez-Ayala Alejandro
Current Estimated Value
$844,333

Purchase Details

Closed on
Mar 30, 2022
Sold by
Maria Socorto V Saenz Revocable Trust
Bought by
Montes Norma and Montes Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,258
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2001
Sold by
Saenz Socorro
Bought by
Revocabl Saenz Socorro and Revocabl Maria Socorro V Saenz
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
Mantes Norma -- None Listed On Document
Montes Norma $7,673,100 New Title Company Name
Revocabl Saenz Socorro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montes Norma $634,258
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $685,000 0.0% $250 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/22/2022 03/22/22 Off Market $685,000 -- --
03/21/2022 03/21/22 For Sale $750,000 -- $274 / Sq Ft
Source: The MLS

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 $9,077 $730,663 $434,091 $296,572
2024 $9,077 $716,337 $425,580 $290,757
2023 $8,864 $698,700 $408,000 $290,700
2022 $1,231 $71,778 $45,036 $26,742
2021 $1,200 $70,371 $44,153 $26,218
2020 $1,203 $69,651 $43,701 $25,950
2019 $1,171 $68,287 $42,845 $25,442
2018 $1,082 $66,949 $42,005 $24,944
2016 $1,004 $64,351 $40,375 $23,976
2015 $992 $63,385 $39,769 $23,616
2014 $1,016 $62,144 $38,990 $23,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-138915

The MLS

APN: 5127-037-013