NOT LISTED FOR SALE

Estimated Value: $849,000 - $1,131,000

7 Beds
4 Baths
3,119 Sq Ft
$319/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $705,000 $226 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,355/month

52 Days on Market

Highlights

  • Neighborhood Views
  • Laundry Room
  • Wall Furnace

About This Home

As of January 2019

Great rental income opportunity - Fourplex that features 3,119 SF of living space on a 5,455 SF Lot that offers 2 Separate Buildings. Front Building has 3 Units (2 units feature 2 Bed/1 Bath , 1 unit features 1 Bed/1 Bath). Back building features 1 private unit and 2 garage spaces ( 2 Bed / 1 Bath ) available for owner use or ready to be rented out to new a tenant. Gas and Electric meters are separate and tenants are responsible for these costs. Property is conveniently located close to USC, Football Stadium, Museums, Downtown LA and and multiple major freeways.

Last Agent to Sell the Property

Eric Delgado

Luxury Collective License #01831579 Listed on: 11/15/2018

Co-Listed By

Sandro Bononni

Luxury Collective License #01401037

Last Buyer's Agent

Juan Moreno

New Aim Funding Inc. License #02009893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,250

Year Built

  • Built in 1964

Lot Details

  • 5,455 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,119 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 6031
  • Assessor Parcel Number 6031035023

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,488
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,000
  • Operating Expense $8,888
  • Net Operating Income $29,644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,250

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6031035023
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 226.03

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5455.00
  • Lot Size Acres: 0.1252

Multi Family

  • Electric Expense: 600.00
  • Gross Scheduled Income: 38532.00
  • Insurance Expense: 1488.00
  • Lot Size Area: 5455.0000 Square Feet
  • Net Operating Income: 29644.00
  • 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: 8888.00
  • Rent Control: Yes
  • Total Expenses: 8888.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 2397.02
  • Tax Lot: 60
  • Tax Tract Number: 6031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Robles Josue A and Lopez Susana
Bought by
Villegas Lluvia S and Villegas Christopher
Current Estimated Value
$995,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,423
Outstanding Balance
$785,602
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$210,392

Purchase Details

Listed on
Nov 15, 2018
Closed on
Dec 6, 2018
Sold by
Lao Alan
Bought by
Robles Josue A and Robles Susana Asbeli Lopez De
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Juan Moreno
New Aim Funding Inc.
List Price
$699,900
Sold Price
$705,000
Premium/Discount to List
$5,100
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$692,230
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 5, 2013
Closed on
Mar 18, 2014
Sold by
Fragoso Francisco
Bought by
Lao Alan
Seller's Agent
Rene Cardona
SOUTHLAND Real Estate Service
Buyer's Agent
Dene Molina-Cabrera
Empiric Brokers Realty
List Price
$433,000
Sold Price
$415,000
Premium/Discount to List
-$18,000
-4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$290,500
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 24, 2012
Closed on
May 6, 2013
Sold by
Beltran Enrique
Bought by
Fragoso Francisco
Seller's Agent
Monica Allende
Your Home Real Estate, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.49%

Purchase Details

Closed on
Dec 1, 2003
Sold by
Beltran Ana P
Bought by
Beltran Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1995
Sold by
Godinez Raul
Bought by
Beltran Enrique and Beltran Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,129
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1995
Sold by
Godinez Letty
Bought by
Godinez Raul

Purchase Details

Closed on
May 15, 1995
Sold by
Hud
Bought by
Godinez Raul
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
Villegas Lluvia S $832,727 None Listed On Document
Villegas Lluvia S $832,727 None Listed On Document
Robles Josue A $705,000 Lawyers Title Company
Lao Alan $415,000 Fidelity National Title Co
Fragoso Francisco $300,000 Title 365
Beltran Enrique -- Gateway
Beltran Enrique -- Gateway
Beltran Enrique -- California Counties Title Co
Godinez Raul -- --
Godinez Raul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villegas Lluvia S $844,423
Closed Villegas Lluvia S $844,423
Previous Owner Rubles Josue A $700,752
Previous Owner Robles Josue A $698,135
Previous Owner Robles Josue A $692,230
Previous Owner Lao Alan $290,250
Previous Owner Lao Alan $290,500
Previous Owner Beltran Enrique $35,000
Previous Owner Beltran Enrique $295,000
Previous Owner Beltran Enrique $220,000
Previous Owner Beltran Enrique $220,000
Previous Owner Beltran Enrique $208,129
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $705,000 +0.7% $226 / Sq Ft
01/06/2019 01/06/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $699,900 +68.7% $224 / Sq Ft
03/25/2014 03/25/14 Sold $415,000 -4.2% $133 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $433,000 +44.3% $139 / Sq Ft
05/18/2013 05/18/13 Sold $300,000 0.0% $96 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
12/24/2012 12/24/12 For Sale $300,000 -- $96 / 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 $11,250 $912,638 $573,052 $339,586
2024 $11,250 $894,744 $561,816 $332,928
2023 $11,037 $877,200 $550,800 $326,400
2022 $9,145 $741,079 $394,191 $346,888
2021 $9,023 $726,549 $386,462 $340,087
2020 $9,110 $719,100 $382,500 $336,600
2019 $5,835 $456,046 $208,792 $247,254
2018 $5,726 $447,105 $204,699 $242,406
2016 $5,450 $429,745 $196,751 $232,994
2015 $5,374 $423,291 $193,796 $229,495
2014 $4,030 $301,361 $180,817 $120,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18273650

California Regional Multiple Listing Service (CRMLS)

APN: 6031-035-023