NOT LISTED FOR SALE

Estimated Value: $783,000 - $1,269,000

9 Beds
4 Baths
3,146 Sq Ft
$310/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2019

Last sale price $770,000 $245 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,198 / mo

100 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 3-minute walk to Trinity Park Legends Court

About This Home

As of December 2019

A Great Investment Opportunity of Fourplex in LA Downtown Near Fashion District, 3=2BR+1BA, 1=3BR+1BA, Corner Of Trinity and 22nd, Tenant Pays ALL Utilities, 4 Separate Meters of Gas, Water & Power, High Demand Rental Area, 4 Parking Spaces, Conveniently Close To FWY, Shopping, ETC...

Last Agent to Sell the Property

Brian Kim

Nexteam Real Estate License #00850540 Listed on: 09/09/2019

Nexteam Real Estate

Co-Listed By

Richard Kim

Nexteam Real Estate License #01497832

Last Buyer's Agent

Ravinder Sood

Coldwell Banker Envision License #01472019

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,756 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • 3,146 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1
  • Tax Tract Number 2264
  • Assessor Parcel Number 5127015001

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,500
  • New Taxes Expense $9,200
  • Operating Expense $10,700
  • Gross Income $51,022
  • Net Operating Income $40,322

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

6,756 Sq Ft Lot

Listing Details

  • CapRate: 4.80
  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5127015001
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 244.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 6756.00
  • Lot Size Acres: 0.1551

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 51022.00
  • Gross Scheduled Income: 51022.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6756.0000 Square Feet
  • Net Operating Income: 40322.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10700.00
  • Rent Control: Yes
  • Total Actual Rent: 4251.86
  • Total Expenses: 10700.00

Tax Info

  • New Taxes Expense: 9200.00
  • Tax Census Tract: 2264.10
  • Tax Lot: 1
  • Tax Tract Number: 2264

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Feb 18, 2020
Sold by
Bought by
Seller's Agent
Brian Kim
Nexteam Real Estate
Buyer's Agent
Ravinder Sood
Coldwell Banker Envision
List Price
$839,000
Sold Price
$770,000
Premium/Discount to List
-$69,000
-8.22%
Current Estimated Value
$974,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,981
Avg. Annual Appreciation
3.66%

Purchase Details

Listed on
Sep 9, 2019
Closed on
Feb 14, 2020
Sold by
Bought by
Seller's Agent
Brian Kim
Nexteam Real Estate
Buyer's Agent
Ravinder Sood
Coldwell Banker Envision
List Price
$839,000
Sold Price
$770,000
Premium/Discount to List
-$69,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2019
Closed on
Dec 18, 2019
Sold by
Bought by
Seller's Agent
Brian Kim
Nexteam Real Estate
Buyer's Agent
Ravinder Sood
Coldwell Banker Envision
List Price
$839,000
Sold Price
$770,000
Premium/Discount to List
-$69,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2018
Closed on
Dec 18, 2018
Sold by
Bought by
Seller's Agent
Christina Gurrola
Elite Premier Properties
Buyer's Agent
Christina Gurrola
Elite Premier Properties
List Price
$700,000
Sold Price
$665,000
Premium/Discount to List
-$35,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%

Purchase Details

Listed on
Sep 6, 2018
Closed on
Nov 21, 2018
Sold by
Bought by
Seller's Agent
Christina Gurrola
Elite Premier Properties
Buyer's Agent
Christina Gurrola
Elite Premier Properties
List Price
$700,000
Sold Price
$665,000
Premium/Discount to List
-$35,000
-5%

Purchase Details

Closed on
Sep 21, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,500
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 21, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2010
Sold by
Bought by

Purchase Details

Closed on
May 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
7.99%

Purchase Details

Closed on
May 21, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 1999
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$770,000 Stewart Title
-- Accommodation
-- Orange Coast Title Company
$665,000 Orange Coast Title Company
-- Usa National Title Company
-- None Available
-- None Available
-- Title365
-- None Available
-- United Title Company-La
-- Diversified Title & Escrow S
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $577,500
Previous Owner $465,500
Previous Owner $315,000
Previous Owner $240,000
Previous Owner $202,000
Previous Owner $216,000
Previous Owner $179,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2019 12/31/19 Sold $770,000 -3.7% $245 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
10/11/2019 10/11/19 Price Changed $799,990 -4.6% $254 / Sq Ft
09/09/2019 09/09/19 For Sale $839,000 +26.2% $267 / Sq Ft
11/28/2018 11/28/18 Sold $665,000 -5.0% $211 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $700,000 -- $223 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,635 $842,102 $546,820 $295,282
2024 $10,501 $825,592 $536,099 $289,493
2023 $10,304 $809,405 $525,588 $283,817
2022 $9,838 $793,535 $515,283 $278,252
2021 $9,708 $777,977 $505,180 $272,797
2020 $9,801 $770,000 $500,000 $270,000
2019 $8,370 $665,000 $350,000 $315,000
2018 $5,172 $396,668 $235,838 $160,830
2016 $4,921 $381,267 $226,681 $154,586
2015 $4,854 $375,541 $223,277 $152,264
2014 $4,678 $350,380 $216,924 $133,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19212581

California Regional Multiple Listing Service (CRMLS)

APN: 5127-015-001

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