NOT LISTED FOR SALE

Estimated Value: $1,265,000 - $1,733,000

6 Beds
3 Baths
2,628 Sq Ft
$565/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2018

Last sale price $1,080,000 $411 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,216 / mo

88 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Laundry Room
  • Clifford Street Elementary School Rated A-
  • Living Room
  • Floor Furnace

About This Home

As of November 2018

Rare investment opportunity in the highly desirable Silver Lake and Echo Park area. In close proximity to the Dodgers Stadium, Elysian Park, restaurants, and bars, this is a hot property and sure to go quickly. The main unit illuminates with natural light and openness boasting 1600 SF, 4 bedrooms, 1 bath, and detached 2 car garage. The two back units are each a 1/1. The property includes an exterior shared laundry room and extra storage units. Located on a large lot, this Triplex holds endless potential-a great addition to your existing portfolio. We recommend viewing this property immediately! Don't miss out!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 07/06/2018

Last Buyer's Agent

Rick Cheng

Coldwell Banker Realty License #01958923

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 9,147 Sq Ft Lot
  • Fenced
  • Irregular Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 2,628 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Floor Furnace
  • Property is located within a water district
  • Public Hookup Available For Sewer
  • Sewer Paid

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5423-005-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

9,147 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Advertising Remarks: Rare investment opportunity in the highly desirable Silver Lake and Echo Park area. In close proximity to the Dodgers Stadium, Elysian Park, restaurants, and bars, this is a hot property and sure to go quickly. The main unit illuminates with natural light and openness boasting 1600 SF, 4 bedrooms, 1 bath, and detached 2 car garage. The two back units are each a 1/1. The property includes an exterior shared laundry room and extra storage units. Located on a large lot, this Triplex holds endless potential-a great addition to your existing portfolio. We recommend viewing this property immediately! Don't miss out!
  • Living Area: 2628
  • Stories: 2
  • Year Built: 1903
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Laminate
  • Bedrooms: 6
  • Laundry: Outside, Room
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 426.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1
  • Sewer: Paid, Public Hookup Available
  • Water: District

Lot Info

  • Assessed Improvement Value: 287014
  • Assessed Land Value: 430522
  • Assessor Parcel Number: 5423-005-023
  • Geocode Override: No
  • Lot Description: Curbs, Fenced, Lot Shape-Irregular, Sidewalks
  • Lot Size Area: 9147

Rental Info

  • Number Leased: 0
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: 3

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Nov 14, 2018
Sold by
Hollyvale Rental Holdings Llc
Bought by
Skk Llc
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Rick Cheng
Coldwell Banker Realty
List Price
$1,249,000
Sold Price
$1,080,000
Premium/Discount to List
-$169,000
-13.53%
Current Estimated Value
$1,485,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,267
Avg. Annual Appreciation
4.44%
Original Mortgage
$702,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 20, 2017
Sold by
Mid Cal Realty Services Inc
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Sep 11, 2017
Sold by
Tapia Esperanza
Bought by
Mid Cal Realty Services Inc

Purchase Details

Closed on
Mar 21, 2013
Sold by
Tapia Esperanza
Bought by
The 2107 Aaron Street Partnership

Purchase Details

Closed on
Mar 6, 2013
Sold by
Tapia Esperanza
Bought by
The 2107 Aaron Street Partnership

Purchase Details

Closed on
Feb 26, 2013
Sold by
Tapia Esperanza
Bought by
The 2107 Aaron Street Partnership

Purchase Details

Closed on
May 29, 2012
Sold by
Tapia Esperanza
Bought by
Yates Jason

Purchase Details

Closed on
Dec 19, 2010
Sold by
Tapia Esperanza
Bought by
Cueaa Land Trust

Purchase Details

Closed on
May 22, 2006
Sold by
Mejia Haydee E
Bought by
Tapia Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 15, 2004
Sold by
Vasquez Salvador
Bought by
Mejia Haydee E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
Bravo Ricardo
Bought by
Vasquez Salvador

Purchase Details

Closed on
Oct 4, 1995
Sold by
Garcia Jesus
Bought by
Vazquez Salvador and Vazquez Ricardo Bravo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,466
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1994
Sold by
Resolution Trust Corp
Bought by
Garcia Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Skk Llc -- Usa National Title Co
Skk Llc $1,080,000 Usa National Title Company
Hollyvale Rental Holdings Llc -- Accommodation
Mid Cal Realty Services Inc $1,096,000 Accommodation
The 2107 Aaron Street Partnership -- None Available
The 2107 Aaron Street Partnership -- None Available
The 2107 Aaron Street Partnership -- None Available
Yates Jason -- None Available
Cueaa Land Trust -- None Available
Tapia Esperanza -- Investors Title Company
Mejia Haydee E $450,000 Ticor Title Company
Vasquez Salvador -- --
Vazquez Salvador -- Gateway Title Company
Garcia Jesus $105,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skk Llc $702,000
Previous Owner Tapia Esperanza $553,000
Previous Owner Mejia Haydee E $405,000
Previous Owner Vazquez Salvador $173,466
Previous Owner Garcia Jesus $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2018 11/29/18 Sold $1,080,000 -3.6% $411 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $1,119,900 -10.3% $426 / Sq Ft
07/25/2018 07/25/18 For Sale $1,249,000 0.0% $475 / Sq Ft
07/25/2018 07/25/18 Price Changed $1,249,000 +4.1% $475 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $1,199,900 -- $457 / Sq Ft
Source: The MLS

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 $14,606 $1,204,757 $713,931 $490,826
2024 $14,606 $1,181,135 $699,933 $481,202
2023 $14,325 $1,157,976 $686,209 $471,767
2022 $13,661 $1,135,271 $672,754 $462,517
2021 $13,489 $1,113,012 $659,563 $453,449
2020 $13,625 $1,101,600 $652,800 $448,800
2019 $13,087 $1,080,000 $640,000 $440,000
2018 $13,434 $1,096,000 $700,000 $396,000
2016 $8,667 $703,468 $422,081 $281,387
2015 $8,542 $692,902 $415,741 $277,161
2014 $8,585 $679,330 $407,598 $271,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-362184

The MLS

APN: 5423-005-023

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