NOT LISTED FOR SALE

Estimated Value: $1,326,000 - $1,867,435

7 Beds
4 Baths
3,191 Sq Ft
$484/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,160,000 $364 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,393/month

48 Days on Market

Highlights

  • Unit is on the top floor
  • Fenced Yard
  • Front Porch
  • Lawn
  • Living Room Balcony
  • Bathtub with Shower

About This Home

As of October 2021

**Motivated Seller** Looking for an investment opportunity? Look no further than this income generating tri-plex, 7 bedrooms and 4 baths! Tri-plex is adjacent to Korea Town and walking distance from multiple eateries and St. Vincente shopping. Minutes to popular Marina Del Rey and Venice Beach attractions. Well sized spacious units with abundant parking located in back of building. Upstairs unit has a private balcony attached to living room. Laundry is on-site and owner owned. Fully occupied by tenants, PLEASE DO NOT DISTURB TENANTS, Drive by only. Cash offer or pre-approval letter attached to offer.

Last Agent to Sell the Property

Chandra Livingston

All Of Us Enterprises, Inc. License #01810924 Listed on: 08/24/2021

Last Buyer's Agent

Chandra Livingston

All Of Us Enterprises, Inc. License #01810924 Listed on: 08/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,029

Year Built

  • Built in 1923

Lot Details

  • 7,627 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Landscaped
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard

Home Design

  • Combination Foundation
  • Asphalt Roof

Interior Spaces

  • 3,191 Sq Ft Home
  • Vertical Blinds
  • Window Screens

Kitchen

  • Oven or Range
  • Formica Countertops

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • Living Room Balcony
  • Front Porch

Location

  • Unit is on the top floor

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, cable TV, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5060-006-006

Community Details

Overview

  • 3 Units
  • All Us Of Enterprises Association

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,029

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Unknown
  • Levels: Top Level
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: No
  • Living Area: 3191
  • Lot Acreage: 0.1751
  • Property Condition: No Additions/Alter
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Carpet: 3
  • Flooring: Carpet, Linoleum
  • Appliances: Free Standing Gas
  • Bedrooms: 7
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Kitchen Features: Formica Counters
  • Laundry: Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Washer, Dryer
  • Price Per S Q F T: 375.43
  • Windows: Mini Blinds, Vertical Blinds, Screens

Exterior Features

  • Direction Faces: West
  • Construction: Hard Coat
  • Other Features: Balcony
  • Other Structures: None
  • Foundation Details: Combination
  • Number Patio: 1
  • Patio: Living Room Balcony, Porch - Front
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 6
  • Number Rented Garages: 0
  • Parking Garage: Driveway, Parking Space
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Heating: Floor Furnace, Natural Gas, Wall Gas
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Water: Meter on Property
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: ALL US OF ENTERPRISES
  • Mgmt Co Phone: 3105452409|

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Additions Alterations: No
  • Assessed Improvement Percent: 19.82
  • Assessed Improvement Value: 169935
  • Assessed Land Percent: 80.18
  • Assessed Land Value: 687258
  • Total Assessed Value: 857193
  • Assessor Parcel Number: 5060-006-006
  • Lot Description: Fenced, Front Yard, Back Yard, Fenced Yard, Landscaped, Lawn
  • Lot Size Area: 7627

Rental Info

  • Number Leased: 3
  • Total Actual Rent: 45228.00
  • Lease Per Month Year: Month
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 30.27
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: residential
  • Vacancy Allow: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2006
Sold by
Faramarzipour Faranak
Bought by
Lioness Investments Llc
Current Estimated Value
$1,544,609

Purchase Details

Closed on
Jan 27, 2006
Sold by
Carlisle William
Bought by
Faramarzipour Faranak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,800
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 30, 2004
Sold by
Coleman Eugene W and Carlisle William
Bought by
Carlisle William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2001
Sold by
Upper Central Economic Development Corp
Bought by
Coleman Eugene W

Purchase Details

Closed on
Jun 27, 2000
Sold by
Carlisle William and Coleman Eugene W
Bought by
Upper Central Economic Development Corp

Purchase Details

Closed on
Oct 14, 1999
Sold by
Upper Central Economic Development Corp
Bought by
Carlisle William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.35%

Purchase Details

Closed on
Jun 2, 1995
Sold by
Carlisle William and Carlisle Irah Y
Bought by
Upper Central Economic Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.32%

Purchase Details

Closed on
May 31, 1995
Sold by
Ledezma Luz C
Bought by
Carlisle William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lioness Investments Llc -- None Available
Faramarzipour Faranak $686,000 Fidelity National Title Co
Carlisle William -- Fidelity Van Nuys
Coleman Eugene W -- --
Upper Central Economic Development Corp -- --
Carlisle William -- Fidelity National Title
Upper Central Economic Development Corp -- --
Carlisle William $165,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faramarzipour Faranak $548,800
Previous Owner Carlisle William $244,000
Previous Owner Carlisle William $200,000
Previous Owner Carlisle William $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $1,160,000 -3.2% $364 / Sq Ft
09/09/2021 09/09/21 Price Changed $1,198,000 -14.3% $375 / Sq Ft
08/24/2021 08/24/21 For Sale $1,398,000 -- $438 / 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 $15,029 $1,231,001 $806,518 $424,483
2024 $15,029 $1,206,864 $790,704 $416,160
2023 $14,746 $1,183,200 $775,200 $408,000
2022 $14,072 $1,160,000 $760,000 $400,000
2021 $10,703 $866,072 $694,377 $171,695
2019 $10,390 $840,386 $673,783 $166,603
2018 $10,278 $823,909 $660,572 $163,337
2016 $9,814 $791,918 $634,922 $156,996
2015 $9,674 $780,023 $625,385 $154,638
2014 $9,714 $764,744 $613,135 $151,609
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-776462

The MLS

APN: 5060-006-006