NOT LISTED FOR SALE

Estimated Value: $734,000 - $805,082

4 Beds
3 Baths
1,478 Sq Ft
$531/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $790,000 $535 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,152/month

23 Days on Market

Highlights

  • No Units Above
  • Ductless Heating Or Cooling System
  • Heating Available
  • No HOA
  • Rectangular Lot
  • 1-Story Property

About This Home

As of September 2023

Welcome to this Income Producing Property with a high return on investment and equity potential.

Southeast Los Angeles has a wealth of opportunities for resurgence and revitalization with the brand new Sofi Stadium only minutes away and shops, eateries and public transit within walking distance.

This multiunit property is the definition of a Smart Buy!

Last Agent to Sell the Property

Donavan Chau

Homegrown Wealth Real Estate License #01986772 Listed on: 07/19/2023

Co-Listed By

Dennis Battung

Kirela Real Estate Co License #01525589

Last Buyer's Agent

Donavan Chau

Homegrown Wealth Real Estate License #01986772 Listed on: 07/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,208

Year Built

  • Built in 1923

Lot Details

  • 5,420 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • Triplex

Interior Spaces

  • 1,478 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Gas Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 4209
  • Assessor Parcel Number 6053002023
  • $661 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,020
  • Fuel Expense $720
  • Insurance Expense $800
  • Trash Expense $567
  • Water Sewer Expense $1,200
  • Operating Expense $7,307
  • Gross Income $61,200
  • Net Operating Income $53,893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,208

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 249667
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6053002023
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 534.51
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven
  • Heating Type: Ductless
  • Sewer: Public Sewer
  • Trash Expense: 567.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5420.00
  • Lot Size Acres: 0.1244

Multi Family

  • Electric Expense: 4020.00
  • Fuel Expense: 720.00
  • Gross Income: 61200.00
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5420.0000 Square Feet
  • Net Operating Income: 53893.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 7307.00
  • Rent Control: Yes
  • Total Expenses: 7307.00

Tax Info

  • Tax Census Tract: 2405.00
  • Tax Lot: 55
  • Tax Tract Number: 4209
  • TaxOtherAnnualAssessmentAmount: 661.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
217 West 94Th Llc
Bought by
Sobremesa Llc
Current Estimated Value
$785,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 29, 2023
Sold by
Williams Family Trust
Bought by
217 West 94Th Llc
Seller's Agent
Donavan Chau
Homegrown Wealth Real Estate
Buyer's Agent
Donavan Chau
Homegrown Wealth Real Estate
List Price
$749,000
Sold Price
$790,000
Premium/Discount to List
$41,000
5.47%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.55%
Original Mortgage
$310,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2021
Sold by
Williams Imani T
Bought by
Williams Family Trust

Purchase Details

Closed on
Jan 15, 2021
Sold by
Prime Rentals Llc
Bought by
Williams Imani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2015
Closed on
Apr 16, 2015
Sold by
Strategic Acquisitions Inc
Bought by
Prime Rentals Llc
Seller's Agent
Jamar Jackson
Keller Williams South Bay
Buyer's Agent
Jamar Jackson
Keller Williams South Bay
Sold Price
$1,100

Purchase Details

Closed on
Jun 4, 2012
Sold by
Strategic Acquisitions Inc
Bought by
Prime Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,920
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2012
Sold by
Bank Of America Na
Bought by
Strategic Acquisitions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,920
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2012
Sold by
Doss Joseph
Bought by
Bank Of America N A

Purchase Details

Closed on
Jul 10, 2002
Sold by
Hud
Bought by
Mendoza Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,980
Interest Rate
8.37%

Purchase Details

Closed on
Apr 4, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Dec 10, 2001
Sold by
Ruiz Jorge and Ramos Victoria
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Feb 2, 2001
Sold by
The Restoration Foundation
Bought by
Ruiz Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,450
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2000
Sold by
Hud
Bought by
The Restoration Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
8.55%

Purchase Details

Closed on
Jul 20, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Sep 11, 1996
Sold by
Valerio James P
Bought by
Asensio Fabian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,473
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1995
Sold by
Emc Mtg Corp
Bought by
Valerio James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.77%

Purchase Details

Closed on
Jul 1, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Jun 8, 1994
Sold by
California Reconveyance Company
Bought by
Great Western Bank
Source: Public Records

Range of Values:

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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
Sobremesa Llc $780,000 Wfg National Title
217 West 94Th Llc $790,000 First American Title
Williams Family Trust -- None Listed On Document
Williams Imani $565,000 Consumers Title Company
Prime Rentals Llc -- None Available
Prime Rentals Llc $37,500 None Available
Strategic Acquisitions Inc $186,500 Fidelity National Title Co
Bank Of America N A $563,916 Landsafe Title
Mendoza Paul $167,500 First American Title Co
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $178,549 First American Title Ins Co
Ruiz Jorge $165,000 Provident Title Company
Ruiz Jorge -- Provident Title
The Restoration Foundation $110,000 Provident Title
Hud -- Benefit Land Title Ins Co
Norwest Mtg Inc $182,773 Benefit Land Title Ins Co
Asensio Fabian $176,000 --
Valerio James P $67,000 Fidelity National Title Ins
Emc Mtg Corp $87,500 Fidelity National Title
Great Western Bank $80,428 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sobremesa Llc $585,000
Previous Owner 217 West 94Th Llc $310,000
Previous Owner Williams Imani $423,750
Previous Owner Prime Rentals Llc $1,900,000
Previous Owner Prime Rentals Llc $163,000
Previous Owner Prime Rentals Llc $160,000
Previous Owner Strategic Acquisitions Inc $148,920
Previous Owner Doss Joseph $58,000
Previous Owner Mendoza Paul $325,000
Previous Owner Mendoza Paul $217,000
Previous Owner Mendoza Paul $167,000
Previous Owner Mendoza Paul $133,980
Previous Owner Rodriguez Alex $17,496
Previous Owner Ruiz Jorge $162,450
Previous Owner The Restoration Foundation $86,800
Previous Owner Asensio Fabian $171,473
Previous Owner Valerio James P $52,000
Closed Mendoza Paul $25,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $790,000 +5.5% $535 / Sq Ft
07/19/2023 07/19/23 For Sale $749,000 +32.6% $507 / Sq Ft
03/30/2021 03/30/21 Sold $565,000 -0.7% $382 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/05/2021 01/05/21 Price Changed $569,000 -5.0% $385 / Sq Ft
10/23/2020 10/23/20 For Sale $599,000 0.0% $405 / Sq Ft
04/30/2015 04/30/15 Rented $1,100 -8.3% --
03/31/2015 03/31/15 Under Contract -- -- --
02/18/2015 02/18/15 For Rent $1,200 -- --
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 $10,208 $780,000 $600,000 $180,000
2024 $10,208 $790,000 $550,000 $240,000
2023 $7,726 $587,826 $468,180 $119,646
2022 $7,381 $576,300 $459,000 $117,300
2021 $3,920 $278,488 $150,848 $127,640
2020 $3,953 $275,874 $149,302 $126,572
2019 $3,809 $270,470 $146,375 $124,095
2018 $3,714 $265,172 $143,505 $121,667
2016 $3,537 $254,647 $137,934 $116,713
2015 $3,482 $250,823 $135,863 $114,960
2014 -- $245,911 $133,202 $112,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23133495

California Regional Multiple Listing Service (CRMLS)

APN: 6053-002-023