NOT LISTED FOR SALE

216 W 85th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $575,000 - $772,000

4 Beds
2 Baths
1,800 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $375,000 $208 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,171/month

About This Home

As of October 2016

Triplex

Last Agent to Sell the Property

Jack Stephan

Jack Stephan, Broker License #01916736 Listed on: 09/20/2016

Last Buyer's Agent

Jack Stephan

Jack Stephan, Broker License #01916736 Listed on: 09/20/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,417

Year Built

  • Built in 1911

Lot Details

  • 5,400 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 4 Parking Spaces

Home Design

  • 1,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 6040009008

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,417

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 6040009008
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 208.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5400.00

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2397.02
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Oct 4, 2016
Sold by
Rosales Mercedes Elizabeth
Bought by
Garcia Adelso G
Seller's Agent
Jack Stephan
Jack Stephan, Broker
Buyer's Agent
Jack Stephan
Jack Stephan, Broker
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$682,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,787
Avg. Annual Appreciation
6.93%
Original Mortgage
$281,250
Outstanding Balance
$226,682
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$453,452

Purchase Details

Closed on
Jun 29, 2016
Sold by
Dli Properties Llc
Bought by
Garcia Adelso G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2016
Sold by
Orellana Bernardo
Bought by
Dli Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2014
Sold by
Orellana Bernardo
Bought by
Orellana Bernardo and Moreno Rosa

Purchase Details

Closed on
Jan 19, 2004
Sold by
Hud
Bought by
Affordable Housing Assistance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2001
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Dec 19, 2001
Sold by
Moreno Frank
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 28, 1999
Sold by
Osuna Hector
Bought by
Moreno Frank and Aguilar Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,038
Interest Rate
7.69%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 1998
Sold by
Osuna Rosalia
Bought by
Osuna Hector R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,100
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1998
Sold by
Berger Herbert
Bought by
Osuna Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,100
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1998
Sold by
R & R Real Estate Development Corp
Bought by
Berger Herbert

Purchase Details

Closed on
Dec 10, 1996
Sold by
Lasalle Natl Bank
Bought by
R & R Real Estate Development Corp

Purchase Details

Closed on
Jul 18, 1996
Sold by
Jenkins Donna Alberta
Bought by
La Salle National Bank and Nomura Asset Securities Corp

Purchase Details

Closed on
Apr 15, 1994
Sold by
Jenkins Donna Alberta
Bought by
Jenkins Donna Alberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
8.49%
Source: Public Records

Range of Values:

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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
Garcia Adelso G -- None Available
Garcia Adelso G $375,000 Fidelity Sherman Oaks
Dli Properties Llc $262,000 None Available
Orellana Bernardo -- None Available
Affordable Housing Assistance $205,000 Nations Title Co
Hud -- --
Citimortgage Inc $254,287 Fidelity National Title
Moreno Frank $240,000 United Title Company
Osuna Hector R -- Benefit Land Title Company
Osuna Hector $105,000 Benefit Land Title Company
Berger Herbert $90,143 American Title Co
R & R Real Estate Development Corp $67,000 Fidelity National Title Ins
La Salle National Bank $83,165 American Title
Jenkins Donna Alberta -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Adelso G $281,250
Previous Owner Garcia Adelso G $281,250
Previous Owner Dli Properties Llc $100,000,000
Previous Owner Affordable Housing Assistance $149,000
Previous Owner Moreno Frank $238,038
Previous Owner Osuna Hector R $8,100
Previous Owner Osuna Hector $114,400
Previous Owner R & R Real Estate Development Corp $67,000
Previous Owner R & R Real Estate Development Corp $19,417
Previous Owner Jenkins Donna Alberta $73,500
Closed Osuna Hector $25,000
Closed Affordable Housing Assistance $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $375,000 0.0% $208 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $375,000 -- $208 / 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 $5,417 $435,214 $249,522 $185,692
2024 $5,417 $426,681 $244,630 $182,051
2023 $5,315 $418,316 $239,834 $178,482
2022 $5,073 $410,115 $235,132 $174,983
2021 $5,011 $402,074 $230,522 $171,552
2019 $4,865 $390,150 $223,686 $166,464
2018 $4,759 $382,500 $219,300 $163,200
2016 $2,681 $211,000 $176,600 $34,400
2015 $2,682 $211,000 $176,600 $34,400
2014 $2,493 $190,000 $159,000 $31,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jack Stephan

    Jack Stephan, Broker

    (310) 936-8334

    62 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2016

    Monica Acosta

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN16707306

California Regional Multiple Listing Service (CRMLS)

APN: 6040-009-008

California Los Angeles County Los Angeles 90003 Florence

216 W 85th St, Los Angeles, CA

This home is located at 216 W 85th St, Los Angeles, CA 90003 since 20 September 2016 and is currently estimated at $682,787, approximately $379 per square foot. This property was built in 1911. 216 W 85th St is a home located in Los Angeles County with nearby schools including Dr. Owen Lloyd Knox Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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