NOT LISTED FOR SALE

231 Blackshear Ave Los Angeles, CA 90022

Estimated Value: $926,950 - $965,000

5 Beds
3 Baths
2,500 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2022

Last sale price $900,000 $360 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,106 / mo

Highlights

  • Corner Lot
  • Laundry Room
  • 4 Car Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of July 2022

Great investment property. 3 bedroom House + 2 units over a 4-car garage in beautiful neighborhood in East Los Angeles. Each apartment is 1 bedroom, 1 bath. Each unit has separate gas & electric meter. Live in front house with potential $3,000 income from apartments to supplement your mortgage. Next door to Montebello. Centrally located with easy access to public transportation such as the Metrolink, 5, 60, or 710 freeways.
Available to show after July 1. Do Not disturb tenants!

Last Agent to Sell the Property

Mary Kasenberg

Coldwell Banker Realty License #00523581 Listed on: 06/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Dina Corchado

BOT Real Estate License #01793116

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,186 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Off-Street Parking

Home Design

  • Property Attached
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • Living Room
  • Carpet
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 86
  • Tax Tract Number 9012
  • Assessor Parcel Number 5249015014
  • $1,485 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $53,400
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

5,186 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 1.00
  • Zoning: LCR4YY
  • Property Type: Residential Income
  • Parcel Number: 5249015014
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Price Per Square Foot: 360.00
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5186.00
  • Lot Size Acres: 0.1191

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 750 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Gross Income: 53400.00
  • Gross Operating Income: 53400.00
  • Gross Scheduled Income: 53400.00
  • Insurance Expense: 1.00
  • Lot Size Area: 5186.0000 Square Feet
  • Net Operating Income: 50400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 4450.00
  • Total Expenses: 1.00

Tax Info

  • Tax Census Tract: 5303.02
  • Tax Lot: 86
  • Tax Tract Number: 9012
  • TaxOtherAnnualAssessmentAmount: 1485.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
Villela Danny
Bought by
Danny Villela Living Trust
Current Estimated Value
$944,738

Purchase Details

Listed on
Jun 19, 2022
Closed on
Jul 7, 2022
Sold by
Leon D Maloski Trust
Bought by
Villela Danny
Seller's Agent
Mary Kasenberg
Coldwell Banker Realty
Buyer's Agent
Dina Corchado
BOT Real Estate
List Price
$899,900
Sold Price
$900,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$675,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2011
Sold by
Maloski Leon D
Bought by
Maloski Leon D and The Leon D Maloski Trust

Purchase Details

Closed on
Dec 27, 2010
Sold by
Maloski Leon D and The Leon D Maloski Trust
Bought by
Maloski Leon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2007
Sold by
Maloski Leon D
Bought by
Maloski Leon D and The Leon D Maloski Trust

Purchase Details

Closed on
Mar 16, 1999
Sold by
Chase Manhattan Bank & Trust Company
Bought by
Maloski Leon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,100
Interest Rate
6.96%

Purchase Details

Closed on
Jul 11, 1996
Sold by
Keitih Natalie G
Bought by
Chemical Trust Company Of California and The Csla Keitih Unitrust

Purchase Details

Closed on
Jan 11, 1994
Sold by
Azar Richard
Bought by
Azar Richard and Turcios Mynor
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
Danny Villela Living Trust -- --
Villela Danny $900,000 Ticor Title
Maloski Leon D -- Accommodation
Maloski Leon D -- Ticor Title
Maloski Leon D -- Accommodation
Maloski Leon D $233,000 Equity Title
Chemical Trust Company Of California -- --
Azar Richard -- --
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 Villela Danny $675,000
Previous Owner Maloski Leon D $160,000
Previous Owner Maloski Leon D $186,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $900,000 0.0% $360 / Sq Ft
06/19/2022 06/19/22 For Sale $899,900 0.0% $360 / Sq Ft
09/02/2016 09/02/16 Rented $1,850 0.0% --
08/24/2016 08/24/16 For Rent $1,850 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,803 $936,360 $468,180 $468,180
2024 $12,803 $918,000 $459,000 $459,000
2023 $12,220 $900,000 $450,000 $450,000
2022 $5,463 $343,748 $132,946 $210,802
2021 $5,396 $337,009 $130,340 $206,669
2020 $5,427 $333,554 $129,004 $204,550
2019 $5,251 $327,015 $126,475 $200,540
2018 $5,159 $320,604 $123,996 $196,608
2016 $4,947 $308,156 $119,182 $188,974
2015 $4,878 $303,528 $117,392 $186,136
2014 $4,885 $297,583 $115,093 $182,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22127879

California Regional Multiple Listing Service (CRMLS)

APN: 5249-015-014

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