NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,417,000

4 Beds
4 Baths
2,366 Sq Ft
$493/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,055,000 $446 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,360/month

10 Days on Market

About This Home

As of October 2021

LOCATION, LOCATION, LOCATION ON THE VERY DESIRABLE "ADAMS DISTRICT" ONLY FIVE MINUTES FROM UNIVERSITY OF SOUTHERN CALIFORNIA., OR TO DOWN TOWN L.A., AND ONE MINUTE TO THE 10 FWY.
BEAUTIFULLY NESTLED IN A CORNER LOT WITH FOUR SEPARATE GARAGES THAT CAN BE CONVERTED INTO EXTRA UNITS, BUT FOR THAT YOU WILL HAVE TO CHECK WITH THE CITY OF LOS ANGELES TO SEE IF THIS PROPERTY QUALIFY FOR THE GARAGE CONVERSION.
HURRY WONT LAST. ! SINCE THIS IS THE ONLY 4 UNITS PROPERTY BELOW ONE MILLION.

Last Agent to Sell the Property

Roberto Guerra Martinez

New Century Realty License #01189605 Listed on: 08/18/2021

Last Buyer's Agent

Eduardo Ramirez Ortiz

COMPASS License #01914206

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,664

Year Built

  • Built in 1939

Lot Details

  • 6,655 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Detached Carport Spaces
  • Parking Available
  • Side Facing Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Tax Tract Number 1
  • Assessor Parcel Number 5058022006
  • $474 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $130
  • Water Sewer Expense $470
  • Operating Expense $600
  • Gross Income $3,956
  • Net Operating Income $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,664

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Ad Number: 323-888-8853
  • Other Phone Description: 323- 888-8853
  • Other Phone Number: 323-888-8853
  • Price Per Unit: 248750
  • Property Attached: Yes
  • Subdivision Name Other: ADAMS DISTRICT
  • Water Sewer Expenses: 470.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5058022006
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 445.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport, Concrete, Garage Faces Side
  • Total Parking Spaces: 8.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6655.00
  • Lot Size Acres: 0.1528

Multi Family

  • Gross Income: 3956.00
  • Gross Scheduled Income: 3956.00
  • Insurance Expense: 130.00
  • Lot Size Area: 6655.0000 Square Feet
  • Net Operating Income: 600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 600.00
  • Rent Control: Yes
  • Total Expenses: 600.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 2215.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 474.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 28, 2021
Sold by
Pool Anna Maria and Zelaya Claudia Yanira
Bought by
Pool Anna Maria and Pool Marvin Armand
Seller's Agent
Roberto Guerra Martinez
New Century Realty
Buyer's Agent
Eduardo Ramirez Ortiz
COMPASS
List Price
$995,000
Sold Price
$1,055,000
Premium/Discount to List
$60,000
6.03%
Current Estimated Value
$1,167,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,610
Avg. Annual Appreciation
1.29%
Original Mortgage
$844,000
Outstanding Balance
$771,317
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$338,402

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 21, 2021
Sold by
Mims Leon
Bought by
Pool Anna Maria and Zelaya Claudia Yanira
Seller's Agent
Roberto Guerra Martinez
New Century Realty
Buyer's Agent
Eduardo Ramirez Ortiz
COMPASS
List Price
$995,000
Sold Price
$1,055,000
Premium/Discount to List
$60,000
6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,000
Outstanding Balance
$771,317
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$338,402

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 15, 2021
Sold by
Pool Marvin Armand
Bought by
Pool Anna Maria
Seller's Agent
Roberto Guerra Martinez
New Century Realty
Buyer's Agent
Eduardo Ramirez Ortiz
COMPASS
List Price
$995,000
Sold Price
$1,055,000
Premium/Discount to List
$60,000
6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,000
Outstanding Balance
$771,317
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$338,402

Purchase Details

Listed on
Jan 22, 2021
Closed on
May 27, 2021
Sold by
Nguyen Lindsey Le
Bought by
Mims Leon
Seller's Agent
Christopher Martinez
Vinco Vinco Realty & Investments Inc
Buyer's Agent
Roberto Guerra Martinez
New Century Realty
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.43%
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2014
Closed on
Sep 18, 2014
Sold by
Pham Hung Manh
Bought by
Nguyen Lindsey Le
Seller's Agent
Nevin Mcgee
Green Tree Realty
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Listed on
Jul 31, 2014
Closed on
Sep 10, 2014
Sold by
Provost Aubrey
Bought by
Nguyen Lindsey Le
Seller's Agent
Nevin Mcgee
Green Tree Realty
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Source: Public Records

Range of Values:

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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
Pool Anna Maria -- None Available
Pool Anna Maria $1,055,000 Chicago Title Company
Pool Anna Maria -- Chicago Title Company
Mims Leon $840,000 Provident Title Company
Nguyen Lindsey Le -- Lawyers Title Company
Nguyen Lindsey Le $450,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pool Anna Maria $844,000
Previous Owner Mims Leon $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $1,055,000 +6.0% $446 / Sq Ft
08/18/2021 08/18/21 For Sale $995,000 +18.5% $421 / Sq Ft
06/24/2021 06/24/21 Sold $840,000 -1.2% $355 / Sq Ft
01/22/2021 01/22/21 For Sale $850,000 +88.9% $359 / Sq Ft
10/10/2014 10/10/14 Sold $450,000 -2.2% $190 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $460,000 -- $194 / 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 $13,664 $1,119,573 $742,845 $376,728
2024 $13,664 $1,097,622 $728,280 $369,342
2023 $13,406 $1,076,100 $714,000 $362,100
2022 $12,794 $1,055,000 $700,000 $355,000
2021 $6,349 $499,639 $388,609 $111,030
2020 $6,409 $494,517 $384,625 $109,892
2019 $6,168 $484,822 $377,084 $107,738
2018 $6,062 $475,317 $369,691 $105,626
2016 $5,787 $456,862 $355,337 $101,525
2015 $5,706 $450,000 $350,000 $100,000
2014 $1,310 $76,767 $41,461 $35,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21183159

California Regional Multiple Listing Service (CRMLS)

APN: 5058-022-006