NOT LISTED FOR SALE

2102 Vineyard Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $1,080,000 - $1,613,000

5 Beds
3 Baths
2,556 Sq Ft
$521/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $826,000 $323 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,990/month

49 Days on Market

Highlights

  • Spanish Architecture
  • Living Room
  • Tile Flooring
  • Two Homes on a Lot
  • Laundry Room
  • Ceiling Fan

About This Home

As of December 2016

Calling all potential investors!! Fantastic opportunity available in a completely remodeled triplex, ready for move-in in Mid City Los Angeles! This amazing property has a total of 5 bedrooms with 3 bathrooms. The front 2 units are identical side by side units with 2 beds, 1 bath and an oversized remodeled kitchen. The back unit is a 1 bedroom with updated kitchen and bath. Each bedroom has lush new carpeting and brand new ceiling fans! Seller will provide an appliance voucher for installation of stove, micro/hood, & dishwasher for the main unit at COE. Don’t miss this opportunity to own a rare triplex in a highly desirable area of Los Angeles! You won’t find another property like this in the area! Submit your offer today!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 09/29/2016

Last Buyer's Agent

Matt Dunfrund

Lyon Stahl Investment Real Estate, Inc. License #01785161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,669

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 6,458 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Front Yard Sprinklers
  • Back and Front Yard
  • Land Lease

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Property Attached
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,556 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Two Homes on a Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 154
  • Tax Tract Number 1675
  • Assessor Parcel Number 5061011015

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,500
  • Net Operating Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,669

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: LARD2
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5061011015
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 323.16
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front
  • Lot Size Sq Ft: 6458.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5500.00
  • Gross Scheduled Income: 66000.00
  • Net Operating Income: 66000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2186.00
  • Tax Lot: 154
  • Tax Tract Number: 1675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Nov 16, 2016
Sold by
West Ridge Rentals Llc
Bought by
Ho Tuan S and Thi Theresa L
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Matt Dunfrund
Lyon Stahl Investment Real Estate, Inc.
List Price
$800,000
Sold Price
$826,000
Premium/Discount to List
$26,000
3.25%
Current Estimated Value
$1,331,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,499
Avg. Annual Appreciation
5.46%
Original Mortgage
$645,300
Outstanding Balance
$519,692
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$811,807

Purchase Details

Closed on
Sep 11, 2015
Sold by
Arpaia Andrea
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Jun 16, 2006
Sold by
Burdock Nicole M
Bought by
Arpaia Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 2006
Sold by
Quinonez Licelly
Bought by
Arpaia Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 24, 2003
Sold by
Quinonez Joselito
Bought by
Quinonez Licelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 18, 2000
Sold by
Energy Platinum Real Estate Corp
Bought by
Quinonez Licelly and Escobar Vianney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,060
Interest Rate
7.08%

Purchase Details

Closed on
Nov 16, 1999
Sold by
Kan Du Associates
Bought by
Energy Platinum Real Estate Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ho Tuan S $826,000 Title 365
West Ridge Rentals Llc $537,455 Accommodation
Arpaia Andrea -- Commerce Title Company
Arpaia Andrea $720,000 Commerce Title Company
Quinonez Licelly -- Stewart Title Of Ca Inc
Quinonez Licelly -- Stewart Title Of Ca Inc
Quinonez Licelly $255,000 American Title Co
Energy Platinum Real Estate Corp $145,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Tuan S $645,300
Previous Owner Arpaia Andrea $180,000
Previous Owner Arpaia Andrea $540,000
Previous Owner Quinonez Licelly $282,000
Previous Owner Quinonez Licelly $251,060
Previous Owner Energy Platinum Real Estate Corp $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold $826,000 +3.3% $323 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $800,000 0.0% $313 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $800,000 -- $313 / Sq Ft
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 $11,669 $958,638 $670,816 $287,822
2024 $11,669 $939,842 $657,663 $282,179
2023 $11,448 $921,415 $644,768 $276,647
2022 $10,926 $903,349 $632,126 $271,223
2021 $10,782 $885,637 $619,732 $265,905
2020 $10,889 $876,557 $613,378 $263,179
2019 $10,463 $859,370 $601,351 $258,019
2018 $10,334 $842,520 $589,560 $252,960
2016 $6,708 $537,500 $375,000 $162,500
2015 $9,978 $818,681 $682,237 $136,444
2014 $10,024 $802,645 $668,873 $133,772
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Polly Watts

    Sundae Homes

    Section Image

  • M

    Buyer's Agent in 2016

    Matt Dunfrund

    Lyon Stahl Investment Real Estate, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16701831

California Regional Multiple Listing Service (CRMLS)

APN: 5061-011-015

California Los Angeles County Los Angeles 90016 Mid-City

2102 Vineyard Ave, Los Angeles, CA

Not Listed for Sale

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