NOT LISTED FOR SALE

2126 Vineyard Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $871,720 - $1,198,000

4 Beds
3 Baths
2,544 Sq Ft
$406/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $800,000 $314 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,286/month

43 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Wrought Iron Fence
  • Wood Flooring
  • 2 Car Garage
  • West Facing Home

About This Home

As of November 2023

A Great opportunity to own 3 units close to Mid city! Property consist of a front duplex each unit having 1BR 1BA, kitchen with dining nook, living/dining room, and laundry on service porch. The rear SFR has 1BR 1BA, eat-in kitchen, living room, and small bonus room. All units are separately metered for gas & electric. Rents are below market. Property has great potential with some TLC! Please do not disturb occupants!

Last Agent to Sell the Property

Jihad Abdus-Shakoor

Shakoor Realty License #01308246 Listed on: 03/24/2022

Last Buyer's Agent

Jihad Abdus-Shakoor

Shakoor Realty License #01308246 Listed on: 03/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,089

Year Built

  • Built in 1921

Lot Details

  • 6,461 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Chain Link Fence
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Traditional Architecture
  • Bungalow
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Raised Foundation

Interior Spaces

  • 2,544 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Assessor Parcel Number 5061011020

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $658
  • Other Expense $2,640
  • Operating Expense $4,138
  • Gross Income $79,200
  • Net Operating Income $75,062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,089

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 7.70
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: LARD2
  • Architectural Style: Bungalow, Traditional
  • Property Condition: Repairs Cosmetic, Repairs Major
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 5061011020
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood, Tile, Laminate
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 314.47

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6461.00
  • Lot Size Acres: 0.1483

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 79200.00
  • Gross Multiplier: 12.00
  • Gross Operating Income: 79200.00
  • Gross Scheduled Income: 79200.00
  • Insurance Expense: 658.00
  • Lot Size Area: 6461.0000 Square Feet
  • Net Operating Income: 75062.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4138.00
  • Other Expense: 2640.00
  • Other Expense Description: Water & power
  • Rent Control: Yes
  • Total Actual Rent: 6800.00
  • Total Expenses: 4138.00

Tax Info

  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Oct 18, 2023
Sold by
Jeanmarie Maria
Bought by
Jeanmarie Selma
Seller's Agent
Jihad Abdus-Shakoor
Shakoor Realty
Buyer's Agent
Jihad Abdus-Shakoor
Shakoor Realty
List Price
$972,000
Sold Price
$800,000
Premium/Discount to List
-$172,000
-17.7%
Views
9
Current Estimated Value
$1,032,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,930
Avg. Annual Appreciation
13.78%
Original Mortgage
$640,000
Outstanding Balance
$628,578
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$404,352

Purchase Details

Closed on
May 27, 2011
Sold by
Jeanmarie Selma and De Taylor Rosalina
Bought by
Detaylor Rosalina J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jeanmarie Selma $800,000 Provident Title Company
Detaylor Rosalina J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeanmarie Selma $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $800,000 -17.7% $314 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $972,000 +21.5% $382 / Sq Ft
04/01/2022 04/01/22 Off Market $800,000 -- --
03/24/2022 03/24/22 For Sale $972,000 -- $382 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $10,089 $816,000 $663,000 $153,000
2024 $10,089 $800,000 $650,000 $150,000
2023 $2,340 $153,814 $88,190 $65,624
2022 $2,250 $150,799 $86,461 $64,338
2021 $2,208 $147,843 $84,766 $63,077
2020 $2,224 $146,328 $83,897 $62,431
2019 $2,152 $143,459 $82,252 $61,207
2018 $2,022 $140,647 $80,640 $60,007
2016 $1,913 $135,187 $77,509 $57,678
2015 $1,889 $133,157 $76,345 $56,812
2014 $1,918 $130,550 $74,850 $55,700
Source: Public Records

Agents Affiliated with this Home

  • Jihad Abdus-Shakoor

    Seller's Agent in 2023

    Jihad Abdus-Shakoor

    Shakoor Realty

    (213) 910-1072

    1 in this area

    19 Total Sales

    Jihad Abdus-Shakoor
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-8772

Pasadena-Foothills Association of REALTORS®

APN: 5061-011-020

California Los Angeles County Los Angeles 90016 Mid-City

2126 Vineyard Ave, Los Angeles, CA

Not Listed for Sale

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