NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,153,000

3 Beds
3 Baths
1,830 Sq Ft
$534/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $680,000 $372 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,971/month

53 Days on Market

Highlights

  • Central Air
  • 1-Story Property
  • 1-minute walk to Leslie N Shaw Park

About This Home

As of August 2019

This is a property with two spacious multifamily units, a 3 bedroom/1 bath and 2 studio/1 bath, all within 1,830 rentable square feet. The studio and 3 bedroom/1 bathroom are vacant. This well-maintained 1914 property has a great corner location between West Jefferson Boulevard and 4th Avenue.This property is on the corner of a bus stop and is directly across the street from new construction and a new Subway. It is also one block away from the Leslie N Shaw Park and the Jefferson Library. This area is undergoing great development.It also has great accessibility from the 10 Freeway and is close to the Exposition/ Crenshaw station on Expo Line. This property is ideal for an owner/user or an investor who wants to capitalize on the growth of the Jefferson Park Neighborhood.

Last Agent to Sell the Property

Laura Alice Scaturro

Eve Capital License #01942167 Listed on: 05/02/2019

Last Buyer's Agent

Andrea Dunlop

Sotheby's International Realty License #01396262

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,191

Year Built

  • Built in 1914

Lot Details

  • 3,485

Parking

  • 2 Car Garage

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • 3,485 Sq Ft Lot
  • Central Air

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5044-031-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,191

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1830
  • Stories: 1
  • Year Built: 1914
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 409.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Expense: 5200.00

Fee Information

  • Insurance Expense: 641.00
  • Maintenance Expense: 1600.00
  • Trash Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 72549
  • Assessed Land Value: 120916
  • Assessor Parcel Number: 5044-031-007
  • Geocode Override: No
  • Lot Size Area: 3485

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 3
  • Total Annual Expense: 18776
  • Type Of Units: N/A
  • Vacancy Rate: 66

Tax Info

  • Tax Expense: 8970.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 12, 2019
Sold by
Arroyo Nemias B and Arroyo Antonina
Bought by
Kerr Robert and Kerr Harriet
Seller's Agent
Laura Alice Scaturro
Eve Capital
Buyer's Agent
Andrea Dunlop
Sotheby's International Realty
List Price
$750,000
Sold Price
$680,000
Premium/Discount to List
-$70,000
-9.33%
Current Estimated Value
$977,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,869
Avg. Annual Appreciation
6.12%
Original Mortgage
$530,800
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2016
Sold by
Arroyo Antonina
Bought by
Arroyo Nemias B and Arroyo Antonina

Purchase Details

Closed on
Oct 17, 2001
Sold by
Hud
Bought by
Arroyo Antonina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.75%

Purchase Details

Closed on
Sep 14, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
May 11, 2000
Sold by
Orellana Julio
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Feb 9, 1998
Sold by
Miller John Charles
Bought by
Orellana Julio and Orellana Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,931
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 1998
Sold by
Family Mtg Service Corp #13
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,931
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 1998
Sold by
Miller Carmen Contreras
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,931
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 1997
Sold by
Luna Hector E
Bought by
Family Mtg Service Corp #13
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
Kerr Robert $685,000 Orange Coast Title
Arroyo Nemias B -- None Available
Arroyo Antonina $152,000 Ticor Title
Arroyo Antonina -- --
Hud $198,627 --
Homeside Lending Inc $198,627 --
Orellana Julio $190,000 First American Title Co
Miller John Charles $100,000 North American Title Co
Miller John Charles -- North American Title Co
Family Mtg Service Corp #13 $97,500 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerr Robert $530,800
Previous Owner Arroyo Antonina $121,600
Previous Owner Orellana Julio $183,931
Previous Owner Miller John Charles $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2019 08/27/19 Sold $680,000 -9.3% $372 / Sq Ft
07/09/2019 07/09/19 For Sale $750,000 +10.3% $410 / Sq Ft
07/05/2019 07/05/19 Off Market $680,000 -- --
05/02/2019 05/02/19 For Sale $750,000 -- $410 / 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 $9,191 $749,143 $546,820 $202,323
2024 $9,191 $734,455 $536,099 $198,356
2023 $9,020 $720,055 $525,588 $194,467
2022 $8,610 $705,937 $515,283 $190,654
2021 $8,499 $692,096 $505,180 $186,916
2019 $2,727 $201,278 $125,800 $75,478
2018 $2,666 $197,333 $123,334 $73,999
2016 $2,539 $189,673 $118,546 $71,127
2015 $2,505 $186,825 $116,766 $70,059
2014 $2,534 $183,166 $114,479 $68,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-464546

The MLS

APN: 5044-031-007