NOT LISTED FOR SALE

Estimated Value: $1,018,964 - $1,606,000

6 Beds
5 Baths
2,572 Sq Ft
$495/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $826,250 $321 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,741/month

22 Days on Market

About This Home

As of May 2018

Investor Alert. Triplex in Elysian Valley. Close to the LA River and everything Frogtown, this triplex is a great income property. At the front of the property you will find the original bungalow home with 2 bedrooms, 1 bathroom, separate living and dining, with the kitchen towards the rear of the home. The 2 other units were built later, in 1963 with the living spaces and powder room on the ground floor with two bedrooms and a full bathroom upstairs. Each unit has its own laundry area, and water heaters. This is a unique opportunity to purchase an income property in an up and coming area! Conveniently located and minutes away to Downtown and Dodger Stadium.

Last Agent to Sell the Property

Eugene Ridenour

Compass License #01352359 Listed on: 03/15/2018

Compass

Co-Listed By

Courtney N Smith

Compass License #01406768

Last Buyer's Agent

Armen Sarkissian

Berkshire Hathaway HomeServices California Properties License #01242603

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,562

Year Built

  • Built in 1963

Lot Details

  • 4,836

Interior Spaces

  • 2,572 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 4,836 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5445-030-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,562

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2572
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 310.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 101745
  • Assessed Land Value: 237225
  • Assessor Parcel Number: 5445-030-008
  • Geocode Override: No
  • Lot Size Area: 4836

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.90
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: side by side
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 19, 2018
Sold by
Mcdowell John R and Mcdowell Mullika
Bought by
Wu Julius J and Chang Amy C
Seller's Agent
Eugene Ridenour
Compass
Buyer's Agent
Armen Sarkissian
Berkshire Hathaway HomeServices California Properties
List Price
$799,000
Sold Price
$826,250
Premium/Discount to List
$27,250
3.41%
Current Estimated Value
$1,271,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,741
Avg. Annual Appreciation
5.76%
Original Mortgage
$426,250
Outstanding Balance
$368,136
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$878,997

Purchase Details

Closed on
Aug 17, 2017
Sold by
Mcdowell John R and Mcdowell Mullika
Bought by
Mcdowell John R and Mcdowell Mullika

Purchase Details

Closed on
Feb 18, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Mcdowell John R and Mcdowell Mullika Pat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,300
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2008
Sold by
Perez Betzabe and Perez Enrique
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Mshel 2006-3

Purchase Details

Closed on
Sep 30, 2005
Sold by
Rodriguez Sergio A and Rodriguez Ana A
Bought by
Perez Enrique and Perez Betzabe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
7.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 25, 2002
Sold by
Nieto Antonio
Bought by
Rodriguez Sergio A and Rodriguez Ana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.85%

Purchase Details

Closed on
Jul 7, 1997
Sold by
Nieto Antonio and Nieto Maria L
Bought by
Nieto Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.93%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wu Julius J $826,500 Lawyers Title
Mcdowell John R -- None Available
Mcdowell John R $305,500 Ticor Title Company
Deutsche Bank National Trust Co $391,300 None Available
Perez Enrique $699,000 Ticor Title Company
Rodriguez Sergio A $235,000 Commonwealth Land Title Co
Nieto Antonio -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Julius J $426,250
Previous Owner Mcdowell John R $224,300
Previous Owner Perez Enrique $139,800
Previous Owner Perez Enrique $559,200
Previous Owner Rodriguez Sergio A $189,500
Previous Owner Rodriguez Sergio A $188,000
Previous Owner Nieto Antonio $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $826,250 +3.4% $321 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $799,000 -- $311 / 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 $11,562 $940,124 $762,342 $177,782
2024 $11,562 $921,692 $747,395 $174,297
2023 $11,338 $903,621 $732,741 $170,880
2022 $10,811 $885,904 $718,374 $167,530
2021 $10,669 $868,535 $704,289 $164,246
2020 $10,773 $859,630 $697,068 $162,562
2019 $10,350 $842,775 $683,400 $159,375
2018 $4,498 $345,748 $241,969 $103,779
2016 $4,277 $332,324 $232,574 $99,750
2015 $4,217 $327,333 $229,081 $98,252
2014 $4,247 $320,922 $224,594 $96,328
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-323428

The MLS

APN: 5445-030-008