NOT LISTED FOR SALE

2416 W Vernon Ave Los Angeles, CA 90008

Hyde Park Neighborhood

Estimated Value: $952,000 - $1,070,000

6 Beds
3 Baths
2,448 Sq Ft
$410/Sq Ft Est. Value

Last Sold February 02, 2017

Last sale price $579,000 $237 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,037/month

114 Days on Market

About This Home

As of February 2017

New Price! Super charming and maintained Triplex offered for Sale! Three separate 2 bedroom/1 bath bungalows on a large lot offer peace and privacy! This centrally located, low maintenance bread and butter income property is turn key and exudes pride of ownership! Seller recently rehabbed all 3 houses, installed new hardwood floors, and custom painted both inside and outside. All three homes offer almost identical floor plans with spacious kitchens and living. Situated close to 3rd Ave., a beautiful palm tree lined street, offering occupants a nice place for an evening stroll. Rarely is an excellent investment opportunity like this one with strong rents offered for sale!

Last Agent to Sell the Property

Erika Mlachak

Verde Realty, Inc. License #01777303 Listed on: 09/08/2016

Last Buyer's Agent

MARCEY RISER

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY License #01942859

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,465

Year Built

  • Built in 1939

Lot Details

  • 7,200

Parking

  • On-Street Parking

Home Design

  • Triplex

Interior Spaces

  • 2,448 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 7,200 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5015-036-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,465

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2448
  • Stories: 1
  • Year Built: 1939
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 236.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5015-036-009
  • Geocode Override: No
  • Lot Size Area: 7200

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 3000
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Feb 1, 2017
Sold by
Hummel Markus
Bought by
Mccray Keisha L
Seller's Agent
Erika Mlachak
Verde Realty, Inc.
Buyer's Agent
MARCEY RISER
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
List Price
$629,000
Sold Price
$579,000
Premium/Discount to List
-$50,000
-7.95%
Current Estimated Value
$1,004,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,614
Avg. Annual Appreciation
6.66%
Original Mortgage
$463,200
Outstanding Balance
$386,398
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$618,290

Purchase Details

Closed on
Dec 8, 2015
Sold by
Hummel Markus
Bought by
The Hummel & Baker Living Trust

Purchase Details

Closed on
Jun 8, 2010
Sold by
The Bank Of New York Mellon
Bought by
Hummel Markus and Baker Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2010
Sold by
Taylor Randy A
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 30, 2006
Sold by
Taylor Randy A
Bought by
Chaumiere Group Llc

Purchase Details

Closed on
Sep 21, 2005
Sold by
The Herd Community Development Corp
Bought by
Taylor Randy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
7.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2001
Sold by
Youth Intervention Program
Bought by
The Herd Community Development Corp
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
Mccray Keisha L $579,000 Stewart Title Company
The Hummel & Baker Living Trust -- None Available
Hummel Markus $331,500 Lsi Title Agency
The Bank Of New York Mellon $255,000 Accommodation
Chaumiere Group Llc -- Accommodation
Taylor Randy A $570,000 United Title Company Orange
The Herd Community Development Corp $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccray Keisha L $463,200
Previous Owner Hummel Markus $204,500
Previous Owner Hummel Markus $203,000
Previous Owner Hummel Markus $210,000
Previous Owner Taylor Randy A $456,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2017 02/02/17 Sold $579,000 0.0% $237 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
11/29/2016 11/29/16 Price Changed $579,000 -3.3% $237 / Sq Ft
11/15/2016 11/15/16 Price Changed $599,000 -3.2% $245 / Sq Ft
11/04/2016 11/04/16 Price Changed $619,000 -1.6% $253 / Sq Ft
09/08/2016 09/08/16 For Sale $629,000 -- $257 / 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 $8,465 $671,972 $406,201 $265,771
2024 $8,465 $658,797 $398,237 $260,560
2023 $8,312 $645,880 $390,429 $255,451
2022 $7,943 $633,217 $382,774 $250,443
2021 $7,837 $620,802 $375,269 $245,533
2019 $7,613 $602,391 $364,140 $238,251
2018 $7,502 $590,580 $357,000 $233,580
2016 $4,678 $358,766 $216,451 $142,315
2015 $4,615 $353,378 $213,200 $140,178
2014 $4,650 $346,457 $209,024 $137,433
Source: Public Records

Agents Affiliated with this Home

  • Erika Mlachak

    Seller's Agent in 2017

    Erika Mlachak

    Verde Realty, Inc.

    (310) 740-5815

    3 in this area

    15 Total Sales

    Erika Mlachak
    Section Image

  • M

    Buyer's Agent in 2017

    MARCEY RISER

    BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

    Section Image
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Map

Source: The MLS

MLS Number: 16-160724

The MLS

APN: 5015-036-009

California Los Angeles County Los Angeles 90008 Hyde Park

2416 W Vernon Ave, Los Angeles, CA

This home is located at 2416 W Vernon Ave, Los Angeles, CA 90008 since 08 September 2016 and is currently estimated at $1,004,614, approximately $410 per square foot. This property was built in 1939. 2416 W Vernon Ave is a home located in Los Angeles County with nearby schools including Forty-Second Street Elementary School, Audubon Middle School, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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