NOT LISTED FOR SALE

Estimated Value: $614,000 - $783,146

3 Beds
2 Baths
1,533 Sq Ft
$453/Sq Ft Est. Value

Last Sold August 04, 2016

Last sale price $390,000 $254 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,222/month

28 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Craftsman Architecture
  • No HOA
  • Cross Fenced

About This Home

As of August 2016

Short Sale.The property features 2 units. One unit features 2 bedrooms 1 bath and the other unit features 1 bedroom, 1 bath, large dining room, and spacious kitchen. Both units are very spacious. The property does need a little bit of work. Great property to live in one and rent the other one or just an investment property. It's close to Downtown L.A. and Korea town.... close to transportation and shopping.

Last Agent to Sell the Property

Maria Nunez

Lux Living Estates License #01822317 Listed on: 01/18/2016

Last Buyer's Agent

Angela Acuff

Coldwell Banker Realty License #01936627

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 5,459 Sq Ft Lot
  • 1 Common Wall
  • Cross Fenced
  • Level Lot
  • Front Yard

Home Design

  • Craftsman Architecture
  • Property Attached
  • Raised Foundation

Interior Spaces

  • 1,533 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 8
  • Tax Tract Number 2044
  • Assessor Parcel Number 5183011008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,600
  • Insurance Expense $1,400
  • Trash Expense $400
  • Water Sewer Expense $400
  • New Taxes Expense $4,840
  • Gross Income $2,600
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 400.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 5183011008
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 254.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fencing: Cross Fenced
  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Walkstreet
  • Lot Size Sq Ft: 5459.00
  • Price Per Lot Square Foot: 71.44
  • Lot Size Acres: 0.1250

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 5459.0000 Square Feet
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4840.00
  • Tax Lot: 8
  • Tax Tract Number: 2044.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Canale Patrick Joseph and Canale Sarah Ann
Bought by
Canale Patrick Joseph and Canale Sarah Ann
Current Estimated Value
$695,037

Purchase Details

Listed on
Jan 18, 2016
Closed on
Jul 26, 2016
Sold by
Laborde Cecilia
Bought by
Canale Patrick Joseph and Canale Sarah Ann
Seller's Agent
Maria Nunez
Lux Living Estates
Buyer's Agent
Angela Acuff
Coldwell Banker Realty
List Price
$440,000
Sold Price
$390,000
Premium/Discount to List
-$50,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Laborde Cecilia
Bought by
Lugardo Leticia

Purchase Details

Closed on
Jan 5, 2005
Sold by
Mendez Jose G
Bought by
Laborde George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1994
Sold by
Mendez Jose G and Mendez Sandra M
Bought by
Mendez Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,969
Interest Rate
7.09%
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
Canale Patrick Joseph -- Chicago Title
Canale Patrick Joseph $390,000 Lawyers Title
Lugardo Leticia -- None Available
Laborde George $349,000 Southland Title Inland Empir
Laborde George -- Southland Title Inland Empir
Mendez Jose G -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laborde George $279,200
Previous Owner Mendez Jose G $10,969
Closed Laborde George $69,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2016 08/04/16 Sold $390,000 -11.4% $254 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $440,000 -- $287 / 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 $7,052 $572,220 $312,120 $260,100
2024 $7,052 $561,000 $306,000 $255,000
2023 $5,540 $435,048 $301,188 $133,860
2022 $5,287 $426,519 $295,283 $131,236
2021 $5,219 $418,157 $289,494 $128,663
2019 $5,066 $405,756 $280,908 $124,848
2018 $4,976 $397,800 $275,400 $122,400
2016 $4,911 $395,947 $284,270 $111,677
2015 $4,841 $390,000 $280,000 $110,000
2014 $4,509 $360,000 $245,400 $114,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16011036

California Regional Multiple Listing Service (CRMLS)

APN: 5183-011-008