NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,509,000

9 Beds
4 Baths
3,395 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $695,000 $205 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,913/month

79 Days on Market

About This Home

As of November 2014

BREAD AND BUTTER NEWER UNITS!!! POSITIVE CASH FLOW, LOOK AT THE MAP LOCATION IT WILL TELL YOU MORE THAN A THOUSAND WORDS. REALLY CLOSE TO DOWNTOWN L.A.

Last Agent to Sell the Property

MARTIN PEREZ

AMG REAL ESTATE License #01130605 Listed on: 09/08/2014

Last Buyer's Agent

Tony Han

Seeders Real Estate License #01426050

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,250 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 3,395 Sq Ft Home
  • Custom Home
  • Property Attached
  • Stucco

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • 7 Parking Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 17
  • Tax Tract Number 2246
  • Assessor Parcel Number 5128004014

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,100
  • Maintenance Expense $600
  • Water Sewer Expense $3,600
  • New Taxes Expense $4,876
  • Gross Income $6,000
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Architectural Style: Custom Built
  • Property Type: Residential Income
  • Parcel Number: 5128004014
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 204.71

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1430

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 6000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6250.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 100.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4876.00
  • Tax Lot: 17
  • Tax Tract Number: 2246
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2020
Sold by
Park Albert
Bought by
Park Albert
Current Estimated Value
$1,158,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2014
Closed on
Oct 10, 2014
Sold by
Escobar Yolanda M
Bought by
Park Albert
Seller's Agent
MARTIN PEREZ
AMG REAL ESTATE
Buyer's Agent
Tony Han
Seeders Real Estate
List Price
$749,900
Sold Price
$695,000
Premium/Discount to List
-$54,900
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$521,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2007
Sold by
Escobar Juan Gutierrez
Bought by
Escobar Yolanda M

Purchase Details

Closed on
May 18, 2001
Sold by
Magana Miguel P and Magana Marcelo M
Bought by
Magana Miguel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.03%

Purchase Details

Closed on
Feb 10, 1995
Sold by
Magana Juana
Bought by
Magana Marcelo M
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
Park Albert -- Provident Title Company
Park Albert -- Provident Title Company
Park Albert $695,000 Orange Coast Title Company
Escobar Yolanda M -- None Available
Magana Miguel P -- Commonwealth Title
Magana Marcelo M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Albert $475,000
Previous Owner Park Albert $521,250
Previous Owner Magana Miguel P $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $695,000 -7.3% $205 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $749,900 -- $221 / 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 $10,344 $835,276 $360,551 $474,725
2024 $10,344 $818,899 $353,482 $465,417
2023 $10,149 $802,843 $346,551 $456,292
2022 $9,686 $787,102 $339,756 $447,346
2021 $9,555 $771,670 $333,095 $438,575
2019 $9,274 $748,783 $323,216 $425,567
2018 $9,198 $734,102 $316,879 $417,223
2016 $8,773 $705,598 $304,575 $401,023
2015 $8,648 $695,000 $300,000 $395,000
2014 $4,876 $367,829 $102,986 $264,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14194830

California Regional Multiple Listing Service (CRMLS)

APN: 5128-004-014