$275,000
SOLD AUG 21, 2012
5 Beds
3 Baths
2,459 Sq Ft
4,314 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

5% Below List Price

174 Days on Market

Highlights

  • Carpet
  • Wall Furnace
  • 1-minute walk to Gladys Jean Wesson Park

About This Home

As of May 2018

APPROVED SHORT SALE, APPROVED 06/14/2012. 3 unit residential income property in the heart of Los Angeles. Unit #1 & #2 are both 1 bedroom/1 bathroom. Unit #3 is a 2 story house with 3 bedrooms and 1.5 bathrooms. All units have washer/dryer hook-ups and hardwood floors inside.

Last Agent to Sell the Property

Vanessa Burtle

eXp Realty of California Inc License #01867404 Listed on: 12/28/2011

eXp Realty of California Inc

Last Buyer's Agent

Antonio Duarte

WILSHIRE REAL ESTATE License #01438082

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,521

Year Built

  • Built in 1923

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,459 Sq Ft Home
  • Carpet

Kitchen

  • Gas Oven or Range
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 4,314 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 0.1
  • Tax Tract Number 1675
  • Assessor Parcel Number 5050006036

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $40
  • Insurance Expense $100
  • Trash Expense $60
  • Water Sewer Expense $275
  • New Taxes Expense $2,742
  • Gross Income $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,521

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 275.00
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Gardener Expense: 40.00
  • Parcel Number: 5050006036
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 111.83

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooking, Range
  • Heating Type: Electric, Wall Furnace
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Value: 142881
  • Lot Size Sq Ft: 4314.00
  • Lot Size Acres: 0.0990

Multi Family

  • Gross Income: 3200.00
  • Gross Multiplier: 85.94
  • Gross Scheduled Income: 3200.00
  • Insurance Expense: 100.00
  • Lot Size Area: 4314.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3

Tax Info

  • New Taxes Expense: 2742.00
  • Tax Area: 67
  • Tax Lot: 0.1
  • Tax Tract Number: 1675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2020
Sold by
Caag Properties Llc
Bought by
Alberts Norbert and Alberts Genny R

Purchase Details

Closed on
May 3, 2019
Sold by
Mill Investments Inc
Bought by
Caag Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 25, 2018
Sold by
Buendia Grace and Landicho Vilma Z
Bought by
Mii Investments Inc
Seller's Agent
Larry Smart
Pinnacle Estate Properties, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$749,950
Sold Price
$585,000
Premium/Discount to List
-$164,950
-21.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$450,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2011
Closed on
Aug 16, 2012
Sold by
Genca George and Cenca George Richard
Bought by
Buendia Grace
Seller's Agent
Vanessa Burtle
eXp Realty of California Inc
Buyer's Agent
Antonio Duarte
WILSHIRE REAL ESTATE
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$206,250
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2011
Closed on
Jul 10, 2012
Sold by
Herrera Juventino and Herrera Juventino
Bought by
Herrera Juventino and Herrera Juventino
Seller's Agent
Vanessa Burtle
eXp Realty of California Inc
Buyer's Agent
Antonio Duarte
WILSHIRE REAL ESTATE
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2011
Closed on
Jun 22, 2012
Sold by
Herrera Juventino and Herrera Juventino
Bought by
Buendia Grace and Landicho Vilma Z
Seller's Agent
Vanessa Burtle
eXp Realty of California Inc
Buyer's Agent
Antonio Duarte
WILSHIRE REAL ESTATE
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2007
Sold by
Chavez Araceli
Bought by
Herrera Juventino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 1999
Sold by
Herrera Adriana
Bought by
Herrera Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.82%

Purchase Details

Closed on
Nov 12, 1999
Sold by
Thomas Jesse J and Thomas Lillie
Bought by
Herrera Juventino and Herrera Juventino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.82%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Stewart Title Company
Grant Deed $600,000 Consumers Title Company
Grant Deed $585,000 Consumers Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $275,000 Fidelity National Title Co
Interfamily Deed Transfer -- Stewart Title Mad Anaheim
Interfamily Deed Transfer -- Stewart Title Mad Anaheim
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Grant Deed $158,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 Commercial
Previous Owner $450,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $206,250 New Conventional
Previous Owner $472,000 New Conventional
Previous Owner $185,000 Unknown
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $1,180,000 -1.7% $983 / Sq Ft
06/02/2025 06/02/25 For Sale $1,200,000 +105.1% $1,000 / Sq Ft
05/03/2018 05/03/18 Sold $585,000 -22.0% $238 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/17/2017 03/17/17 For Sale $749,950 +172.7% $305 / Sq Ft
08/21/2012 08/21/12 Sold $275,000 -5.2% $112 / Sq Ft
06/19/2012 06/19/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $290,000 -- $118 / 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 $11,521 $941,714 $725,229 $216,485
2024 $11,521 $923,250 $711,009 $212,241
2023 $11,304 $905,148 $697,068 $208,080
2022 $10,789 $887,400 $683,400 $204,000
2021 $7,691 $618,339 $515,283 $103,056
2020 $8,366 $612,000 $510,000 $102,000
2019 $7,429 $596,700 $510,000 $86,700
2018 $3,909 $297,618 $216,451 $81,167
2016 $3,723 $286,063 $208,047 $78,016
2015 $3,672 $281,767 $204,922 $76,845
2014 $3,704 $276,248 $200,908 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P807051

California Regional Multiple Listing Service (CRMLS)

APN: 5050-006-036