NOT LISTED FOR SALE

Estimated Value: $1,089,883 - $1,341,000

7 Beds
3 Baths
3,400 Sq Ft
$345/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $1,000,000 $294 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,538/month

94 Days on Market

Highlights

  • City Lights View
  • Floor Furnace
  • 3-minute walk to Benny H. Potter West Adams Avenues Memorial Park
  • Victorian Architecture
  • North Facing Home

About This Home

As of June 2021

Beautiful multi-unit investment property located in the City of Angels. This Triplex consists a total of 7 bedrooms! Property falls under historic zoning ordinance.

Last Agent to Sell the Property

Jerry Morales

eXp Realty of California Inc License #01942052 Listed on: 11/17/2020

eXp Realty of California Inc

Last Buyer's Agent

Whitney Spatz

eXp Realty of California Inc License #02060165

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,382

Year Built

  • Built in 1947

Lot Details

  • 7,241 Sq Ft Lot
  • North Facing Home

Parking

  • Driveway

Home Design

  • Triplex
  • Victorian Architecture
  • Split Level Home

Interior Spaces

  • 3,400 Sq Ft Home
  • City Lights Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5058-002-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,382

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Victorian
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Beautiful multi-unit investment property located in the City of Angels. This Triplex consists a total of 7 bedrooms! Property falls under historic zoning ordinance.
  • Living Area: 3400
  • Lot Acreage: 0.1662
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 294.12

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Heating: Wall, Floor Furnace
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 43.55
  • Assessed Improvement Value: 324279
  • Assessed Land Percent: 56.45
  • Assessed Land Value: 420361
  • Total Assessed Value: 744640
  • Assessor Parcel Number: 5058-002-001
  • Lot Size Area: 7241

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Ng Kei Cheuk
Bought by
Chome Rental Properties Llc
Current Estimated Value
$1,172,471

Purchase Details

Closed on
Apr 8, 2021
Sold by
Ortega Guadalupe
Bought by
Ng Kei Cheuk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,100
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2004
Sold by
Magallon Rafael
Bought by
Ortega Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Hud
Bought by
Magallon Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
7.25%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Feb 5, 2001
Sold by
Corbett Sandra
Bought by
Wells Fargo Home Mtg Inc and Norwest Mtg Inc

Purchase Details

Closed on
Aug 30, 2000
Sold by
Corbett Sandre and Spear Ida
Bought by
Corbett Sandra and Spear Ida

Purchase Details

Closed on
Feb 10, 2000
Sold by
Corbett Sandra
Bought by
Corbett Sandra and Spear Ida

Purchase Details

Closed on
Dec 1, 1998
Sold by
Corbett Sandra
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Nov 20, 1996
Sold by
Spear Ida M Tr Ida M Spear Trust
Bought by
Corbett Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,185
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 1994
Sold by
Spear Ida Mae
Bought by
The Ida M Spear Living Trust
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
Chome Rental Properties Llc -- --
Ng Kei Cheuk $1,000,000 Fidelity National Title Co
Ortega Guadalupe $620,000 Old Republic Title Company
Magallon Rafael $305,000 First Southwestern Title Co
Hud -- First American Title Ins Co
Wells Fargo Home Mtg Inc $272,127 First American Title Ins Co
Corbett Sandra -- --
Corbett Sandra -- --
Norwest Mtg Inc $224,860 Benefit Land Title Ins Co
Corbett Sandra $210,000 First Southwestern Title Co
The Ida M Spear Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ng Kei Cheuk $936,100
Previous Owner Ortega Guadalupe $40,000
Previous Owner Ortega Guadalupe $40,000
Previous Owner Ortega Guadalupe $60,000
Previous Owner Ortega Guadalupe $20,000
Previous Owner Ortega Guadalupe $610,000
Previous Owner Ortega Guadalupe $7,000
Previous Owner Ortega Guadalupe $465,000
Previous Owner Magallon Rafael $289,750
Previous Owner Corbett Sandra $203,185
Closed Ortega Guadalupe $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $1,000,000 0.0% $294 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $1,000,000 -8.3% $294 / Sq Ft
11/17/2020 11/17/20 For Sale $1,090,000 -- $321 / 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 $14,382 $1,170,450 $759,492 $410,958
2024 $14,382 $1,147,500 $744,600 $402,900
2023 $14,112 $1,125,000 $730,000 $395,000
2022 $12,504 $1,020,000 $663,000 $357,000
2021 $9,970 $798,401 $450,710 $347,691
2020 $10,067 $790,215 $446,089 $344,126
2019 $9,681 $774,722 $437,343 $337,379
2018 $9,540 $759,532 $428,768 $330,764
2016 $7,557 $600,000 $338,800 $261,200
2015 $7,558 $600,000 $338,800 $261,200
2014 $6,525 $500,000 $282,300 $217,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-661132

The MLS

APN: 5058-002-001