NOT LISTED FOR SALE

Estimated Value: $1,493,000 - $1,918,000

4 Beds
3 Baths
3,132 Sq Ft
$525/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $1,425,000 $455 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,188/month

2 Days on Market

Highlights

  • Air Conditioning
  • Ceiling Fan
  • 5-minute walk to Gladys Jean Wesson Park
  • Laundry Room
  • 3 Car Garage

About This Home

As of October 2021

BACK ON MARKET AT NO FAULT TO SELLER! Rare investment opportunity located in heart of trendy Mid City. The updated main home delivers TWO UNITS COMPLETELY VACANT, giving you endless opportunities- collect market rents on vacant units, or utilize as a 2300 square-foot single-family home with 600 square-foot custom mangaris decks. 2/1 top floor unit offers sweeping skyline city views, sundrenched with natural light and dripping with original charm including refinished hardwoods and hand-made Batchelder fireplace tiles. Bathroom completely remodeled with top of the line finishes. Downstairs sprawling 1/1 unit has been completely remodeled with no expense spared, including quartz countertops, stainless steel appliances and custom Milgard windows. Each unit is individually metered and has its own massive deck, private laundry room, new AC. Ample parking, with a long driveway with three vacant garages. Brand new systems include roof, copper plumbing, new shear walls on 3 sides with bolted foundation, new electrical sub panels, tankless water heaters, gas lines, sewer line, and Commercial grade CCTV security system. This is the one you've been waiting for.

Last Agent to Sell the Property

Alexis Gallardo

Compass License #01924003 Listed on: 09/20/2021

Compass

Last Buyer's Agent

Kyle Draper

LPT Realty, Inc License #01920958

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,285

Year Built

  • Built in 1923

Lot Details

  • 5,998 Sq Ft Lot

Interior Spaces

  • 3,132 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Shared Driveway

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5061-010-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,285

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3132
  • Lot Acreage: 0.1377
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Refrigerator, Hood Fan
  • Price Per S Q F T: 447.00

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Shared Driveway, Driveway, Garage
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Wall Unit(s), Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 36.71
  • Assessed Improvement Value: 161268
  • Assessed Land Percent: 63.29
  • Assessed Land Value: 278050
  • Total Assessed Value: 439318
  • Assessor Parcel Number: 5061-010-023
  • Lot Size Area: 5998

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 11, 2018
Sold by
Bradford Mark Sidney and The Mark Sidney Bradford Revoc
Bought by
Gilliland Eamonn G and Digiovanni Gina J
Seller's Agent
Andrea Dunlop
Sotheby's International Realty
Buyer's Agent
Barry Kinyon
Compass
List Price
$999,000
Sold Price
$895,000
Premium/Discount to List
-$104,000
-10.41%
Current Estimated Value
$1,643,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,956
Avg. Annual Appreciation
8.55%
Original Mortgage
$671,250
Outstanding Balance
$578,066
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,065,890

Purchase Details

Closed on
Aug 17, 2012
Sold by
Bradford Mark
Bought by
Bradford Mark Sidney and Mark Sidney Bradford Revocable

Purchase Details

Closed on
Sep 9, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Bradford Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2009
Sold by
Outlaw Jackson Hester Marie
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
5.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gilliland Eamonn G $895,000 Lawyers Title
Bradford Mark Sidney -- Accommodation
Bradford Mark $395,000 None Available
Deutsche Bank National Trust Company $331,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilliland Eamonn G $671,250
Previous Owner Bradford Mark $296,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2021 10/20/21 Sold $1,425,000 +1.8% $455 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,400,000 +56.4% $447 / Sq Ft
06/25/2018 06/25/18 Sold $895,000 -10.4% $286 / Sq Ft View Prior Sale
03/20/2018 03/20/18 For Sale $999,000 -- $319 / Sq Ft
Source: The MLS

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 $18,285 $1,512,220 $1,183,246 $328,974
2024 $18,285 $1,482,570 $1,160,046 $322,524
2023 $17,936 $1,453,500 $1,137,300 $316,200
2022 $17,109 $1,425,000 $1,115,000 $310,000
2021 $11,530 $940,803 $735,824 $204,979
2020 $11,645 $931,158 $728,280 $202,878
2019 $11,190 $912,900 $714,000 $198,900
2018 $5,727 $448,104 $283,611 $164,493
2016 $5,454 $430,705 $272,599 $158,106
2015 $5,378 $424,237 $268,505 $155,732
2014 $5,415 $415,928 $263,246 $152,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-785996

The MLS

APN: 5061-010-023