Seller's Agent in 2021
Elsa Guerra
Champions Real Estate Group South Bay
(310) 386-3259
1 in this area
35 Total Sales
218 E 43rd St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $765,000 - $956,000
5
Beds
3
Baths
2,624
Sq Ft
$319/Sq Ft
Est. Value
Highlights
- City Lights View
- Cooling System Mounted To A Wall/Window
- Tile Flooring
- No HOA
- Laundry Room
- Ceiling Fan
About This Home
As of March 2021I am pleased to present an excellent multifamily triplex income property nested in the heart of Los Angeles, the fastest-growing neighborhood. It is an excellent opportunity for your buyer to use and collect rent, or to re-develop a multi-family project in a well-established apartment market with good demographics that are getting stronger every day. The living square footage is 2,624, and it sits on a 5,402 square foot lot, featuring 4 bedrooms, 1 studio, and 3 bathrooms, built-in 1905, zoned LAR2, all attached units. The current triplex is located just minutes away from USC, Downtown Los Angeles, restaurants, transportation & entertainment that Los Angeles has to offer.
Last Agent to Sell the Property
Champions Real Estate Group South Bay License #01806505 Listed on: 09/21/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,029
Year Built
- Built in 1905
Lot Details
- 5,402 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Stucco Fence
- Paved or Partially Paved Lot
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 2,624 Sq Ft Home
- Ceiling Fan
- Window Screens
- City Lights Views
- Laundry Room
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 47
- Assessor Parcel Number 5113019008
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2020
Closed on
Jan 26, 2021
Sold by
Paredes Rosa Maria
Bought by
Ortega Alejandra and Ortega Rosvin Grajeda
Seller's Agent
Elsa Guerra
Champions Real Estate Group South Bay
Buyer's Agent
Griselda Lozano
Nexteam Real Estate
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,261
Avg. Annual Appreciation
2.57%
Original Mortgage
$736,415
Outstanding Balance
$660,144
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$180,994
Purchase Details
Closed on
May 2, 2007
Sold by
Lopez Cesar A
Bought by
Paredes Rosa Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,750
Interest Rate
7.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2003
Sold by
Lopez Cesar A
Bought by
Paredes Rosa Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 30, 2003
Sold by
Paredes Rosa Maria and Paredes Rebeca
Bought by
Paredes Rosa Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 15, 1996
Sold by
Morales Jose Luis
Bought by
Paredes Rebeca
Purchase Details
Closed on
Mar 19, 1996
Sold by
Delarosa Herman
Bought by
Paredes Rebeca and Paredes Rosa Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
5.94%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ortega Alejandra | $750,000 | Lawyers Title | |
| Paredes Rosa Maria | -- | Investors Title Company | |
| Paredes Rosa Maria | -- | Fidelity National Title Co | |
| Paredes Rosa Maria | -- | -- | |
| Paredes Rebeca | -- | -- | |
| Paredes Rebeca | $165,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ortega Alejandra | $736,415 | |
| Previous Owner | Paredes Rosa Maria | $539,750 | |
| Previous Owner | Paredes Rosa Maria | $468,000 | |
| Previous Owner | Paredes Rosa Maria | $358,000 | |
| Previous Owner | Paredes Rosa Maria | $259,000 | |
| Previous Owner | Paredes Rosa Maria | $20,000 | |
| Previous Owner | Paredes Rosa Maria | $186,000 | |
| Previous Owner | Paredes Rebeca | $156,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2021 03/12/21 | Sold | $750,000 | 0.0% | $286 / Sq Ft |
| 01/15/2021 01/15/21 | Pending | -- | -- | -- |
| 01/10/2021 01/10/21 | Price Changed | $750,000 | -6.1% | $286 / Sq Ft |
| 11/19/2020 11/19/20 | For Sale | $799,000 | 0.0% | $304 / Sq Ft |
| 10/13/2020 10/13/20 | Pending | -- | -- | -- |
| 09/21/2020 09/21/20 | For Sale | $799,000 | -- | $304 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,029 | $811,822 | $487,093 | $324,729 |
| 2024 | $10,029 | $795,905 | $477,543 | $318,362 |
| 2023 | $9,839 | $780,300 | $468,180 | $312,120 |
| 2022 | $9,389 | $765,000 | $459,000 | $306,000 |
| 2021 | $4,455 | $347,469 | $127,221 | $220,248 |
| 2020 | $4,502 | $343,907 | $125,917 | $217,990 |
| 2019 | $4,336 | $337,165 | $123,449 | $213,716 |
| 2018 | $4,219 | $330,555 | $121,029 | $209,526 |
| 2016 | $4,009 | $317,721 | $116,330 | $201,391 |
| 2015 | $3,953 | $312,949 | $114,583 | $198,366 |
| 2014 | $3,990 | $306,820 | $112,339 | $194,481 |
Source: Public Records
Agents Affiliated with this Home
-
Elsa Guerra
-
Griselda Lozano
Buyer's Agent in 2021
Griselda Lozano
Nexteam Real Estate
(951) 520-6309
1 in this area
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20196697
APN: 5113-019-008
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.
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
Nearby Homes
- 4230 Wall St
- 217 E Vernon Ave
- 317 E 42nd Place
- 415 E Vernon Ave
- 4216 Woodlawn Ave
- 405 E 43rd Place
- 4334 S Main St
- 142 E Vernon Ave
- 4434 Crocker St
- 125 W Vernon Ave
- 401 E 46th St
- 134 W Vernon Ave
- 4618 Wall St
- 4355 Avalon Blvd
- 159 E 47th St
- 4442 Mettler St
- 4441 Avalon Blvd
- 418 E 40th Place
- 4010 Wall St
- 239 W 43rd St
- 222 E 43rd St
- 214 E 43rd St
- 226 E 43rd St
- 210 E 43rd St
- 230 E 43rd St
- 233 E 43rd Place
- 204 E 43rd St
- 225 E 43rd Place
- 232 E 43rd St
- 4306 San Pedro Place
- 213 E 43rd St
- 217 E 43rd St
- 219 E 43rd St
- 247 E 43rd Place
- 227 E 43rd St
- 219 E 43rd Place
- 238 E 43rd St
- 229 E 43rd Place
- 4272 San Pedro Place
- 249 E 43rd Place