NOT LISTED FOR SALE

2214 S Cloverdale Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $931,000 - $1,498,000

5 Beds
3 Baths
2,298 Sq Ft
$530/Sq Ft Est. Value

Last Sold April 13, 2015

Last sale price $600,000 $261 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,132/month

46 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wall Furnace
  • Living Room
  • Wrought Iron Fence

About This Home

As of April 2015

Calling all potential investors! Here’s a charming, recently upgraded triplex in the beautiful city of LA! Each one of these units boast uniquely designed floor plans suitable for all types of tenants. One of the three units has been completely remodeled and features brand new laminate hardwood flooring throughout, gorgeous new kitchen cabinets with stunning quartz countertops, and a completely remodeled bathroom!! This property also features brand new Exterior paint, laundry hook ups inside each unit, some new landscaping throughout, and an outside patio which makes for a perfect BBQ setting! Located within just a few blocks of schools, and just minutes away from the 10 and 405 freeways. This property is a fantastic owner investor/opportunity that will not last long!! (Do Not Disturb the Tenants)

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 01/16/2015

Last Buyer's Agent

Jae Lee

Ivy Realty Co. License #01270965

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,905

Year Built

  • Built in 1924

Lot Details

  • 5,292 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • No Sprinklers

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,298 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 576
  • Tax Tract Number 1566
  • Assessor Parcel Number 5063004028

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $3,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,905

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5063004028
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile, Vinyl
  • Price Per Square Foot: 261.10
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 5292.00
  • Lot Size Acres: 0.1210

Multi Family

  • Gross Income: 3850.00
  • Gross Scheduled Income: 46200.00
  • Lot Size Area: 5292.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 576
  • Tax Tract Number: 1566
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Apr 7, 2015
Sold by
Ocean Ridge Equities Llc
Bought by
Jeong Eun Jeong
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Jae Lee
Ivy Realty Co.
List Price
$629,900
Sold Price
$600,000
Premium/Discount to List
-$29,900
-4.75%
Current Estimated Value
$1,218,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,564
Avg. Annual Appreciation
6.95%
Original Mortgage
$450,000
Outstanding Balance
$345,914
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$872,650

Purchase Details

Closed on
Sep 30, 2014
Sold by
Martingale Investments Llc
Bought by
Ocean Ridge Equities Llc

Purchase Details

Closed on
Sep 5, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Martingale Investments Llc

Purchase Details

Closed on
Sep 9, 2013
Sold by
Anderson Clifton
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
May 10, 2005
Sold by
Vanduvall Arvetta Renee
Bought by
Anderson Clifton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 22, 2005
Sold by
Vanduvall Arvetta Renee
Bought by
Anderson Clifton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2003
Sold by
Anderson Clifton
Bought by
Vanduvall Arvetta Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.81%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 19, 2002
Sold by
Vanduvall Eva A and Vanduval Arvetta Renee
Bought by
Vanduvall Arvetta Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
8.8%

Purchase Details

Closed on
Oct 16, 2001
Sold by
Vanduvall Eva A
Bought by
Vanduvall Eva A
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
Jeong Eun Jeong $600,000 Title 365
Ocean Ridge Equities Llc -- Accommodation
Martingale Investments Llc $455,000 None Available
Nationstar Mortgage Llc $627,619 None Available
Anderson Clifton -- Alliance Title Company
Anderson Clifton $525,000 Alliance Title Company
Vanduvall Arvetta Renee -- Investors Title Company
Vanduvall Arvetta Renee -- Investors Title Company
Vanduvall Arvetta Renee -- Stewart Title Company
Vanduvall Eva A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeong Eun Jeong $450,000
Previous Owner Anderson Clifton $341,250
Previous Owner Vanduvall Arvetta Renee $280,000
Previous Owner Vanduvall Arvetta Renee $217,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2015 04/13/15 Sold $600,000 -4.7% $261 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $629,900 -- $274 / 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 $8,905 $721,101 $504,773 $216,328
2024 $8,905 $706,963 $494,876 $212,087
2023 $8,741 $693,102 $485,173 $207,929
2022 $8,346 $679,512 $475,660 $203,852
2021 $8,235 $666,189 $466,334 $199,855
2019 $7,994 $646,431 $452,503 $193,928
2018 $7,881 $633,757 $443,631 $190,126
2016 $7,527 $609,150 $426,405 $182,745
2015 $5,989 $480,000 $300,000 $180,000
2014 $7,299 $575,000 $460,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • Polly Watts

    Seller's Agent in 2015

    Polly Watts

    Shelter Club Realty, Inc.

    (310) 963-7766

    19 Total Sales

    Polly Watts
    Section Image
  • Jae Lee

    Buyer's Agent in 2015

    Jae Lee

    Ivy Realty Co.

    (213) 663-3899

    1 in this area

    17 Total Sales

    Jae Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15010952

California Regional Multiple Listing Service (CRMLS)

APN: 5063-004-028

California Los Angeles County Los Angeles 90016 Mid-City

2214 S Cloverdale Ave, Los Angeles, CA

This home is located at 2214 S Cloverdale Ave, Los Angeles, CA 90016 since 16 January 2015 and is currently estimated at $1,218,564, approximately $530 per square foot. This property was built in 1924. 2214 S Cloverdale Ave is a home located in Los Angeles County with nearby schools including Cienega Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

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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