NOT LISTED FOR SALE

2438 Hillcrest Dr Los Angeles, CA 90016

West Adams Neighborhood

Estimated Value: $1,087,000 - $1,208,603

6 Beds
4 Baths
1,588 Sq Ft
$728/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $680,000 $428 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,036/month

178 Days on Market

Highlights

  • Wood Flooring
  • Cul-De-Sac
  • Bungalow
  • Private Yard
  • Laundry Room
  • 2-minute walk to Gladys Jean Wesson Park

About This Home

As of February 2018

Fantastic opportunity!! two houses on lot, 2 car garage, plus accessory bonus unit, front house has 2 bedroom,plus den AND BONUS ROOM used as 4 bedroom, 2 baths, oversize porch and living room with fireplace, rear unit has 2 bedroom 1 bath, excellent for owner occupant or investor,
" Sold as is condition" DON'T MISS OUT THIS OPPORTUNITY !!
HURRY WONT LAST !!

Last Agent to Sell the Property

Melba Conde

Vylla Home, Inc. License #00795595 Listed on: 08/07/2017

Last Buyer's Agent

Jason Anderson

eXp Realty of California Inc License #01762393

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,429

Year Built

  • Built in 1916

Lot Details

  • 4,800 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Landscaped
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,588 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas
  • Tax Lot 104
  • Tax Tract Number 1675
  • Assessor Parcel Number 5050005049

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $600
  • Trash Expense $240
  • Water Sewer Expense $1,200
  • New Taxes Expense $600
  • Operating Expense $2,640
  • Net Operating Income $33,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,429

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5050005049
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room
  • Price Per Square Foot: 428.21

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 4800.00

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Scheduled Income: 36600.00
  • Insurance Expense: 600.00
  • Net Operating Income: 33960.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2640.00
  • Rent Control: Yes
  • Total Expenses: 2640.00

Tax Info

  • New Taxes Expense: 600.00
  • Tax Census Tract: 2197.00
  • Tax Lot: 104
  • Tax Tract Number: 1675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Feb 10, 2018
Sold by
Contreras Misael
Bought by
Uribe Johnny
Seller's Agent
Melba Conde
Vylla Home, Inc.
Buyer's Agent
Jason Anderson
eXp Realty of California Inc
List Price
$784,900
Sold Price
$680,000
Premium/Discount to List
-$104,900
-13.36%
Current Estimated Value
$1,155,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,901
Avg. Annual Appreciation
6.51%
Original Mortgage
$667,683
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2016
Sold by
Contreras Rosa
Bought by
Contreras Misael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Contreras Misael and Contreras Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,032
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2011
Sold by
Salazar Daniel
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 28, 2006
Sold by
Perez Blanca E
Bought by
Salazar Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Interest Rate
7.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 20, 2006
Sold by
Salazar Daniel
Bought by
Gonzalez Jorge and Salazar Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Interest Rate
7.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 21, 2005
Sold by
Pineda Narciso U and Pineda Zulema
Bought by
Perez Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 30, 2002
Sold by
Hud
Bought by
Pineda Narciso U and Pineda Zulema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.12%

Purchase Details

Closed on
Jul 16, 2001
Sold by
Martinez Alberto and Martinez Sheila
Bought by
Firstar Bank Na

Purchase Details

Closed on
May 23, 2001
Sold by
Firstar Bank Na
Bought by
Hud

Purchase Details

Closed on
Dec 8, 1999
Sold by
Bravo Fidel and Bravo Lourdes
Bought by
Martinez Alberto and Martinez Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,242
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1999
Sold by
Thompson Irvin E
Bought by
Bravo Fidel and Bravo Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,750
Interest Rate
7.63%
Mortgage Type
Stand Alone First
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
Uribe Johnny $680,000 Wfg National Title
Contreras Misael -- North American Title Co
Contreras Misael $231,500 Entitle Direct
Deutsche Bank National Trust Company $260,000 Accommodation
Salazar Daniel $585,000 Orange Coast Title Company
Gonzalez Jorge -- Accommodation
Salazar Daniel -- Orange Coast Title Company
Perez Blanca E $512,000 Ticor Title Co
Pineda Narciso U $250,000 Nations
Firstar Bank Na $231,061 Chicago Title Co
Hud -- --
Martinez Alberto $227,500 Commonwealth Land Title Co
Bravo Fidel $101,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uribe Johnny $674,000
Closed Uribe Johnny $667,683
Previous Owner Contreras Misael $330,000
Previous Owner Contreras Misael $224,032
Previous Owner Salazar Daniel $25,000
Previous Owner Salazar Daniel $555,750
Previous Owner Perez Blanca E $102,400
Previous Owner Perez Blanca E $409,600
Previous Owner Pineda Narciso U $200,000
Previous Owner Martinez Alberto $213,242
Previous Owner Bravo Fidel $113,750
Closed Bravo Fidel $3,500
Closed Pineda Narciso U $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2018 02/22/18 Sold $680,000 +0.7% $428 / Sq Ft
11/06/2017 11/06/17 Price Changed $675,000 +1.4% $425 / Sq Ft
10/31/2017 10/31/17 Price Changed $666,000 -4.6% $419 / Sq Ft
10/03/2017 10/03/17 Price Changed $698,000 -0.1% $440 / Sq Ft
09/06/2017 09/06/17 Price Changed $699,000 -3.6% $440 / Sq Ft
08/14/2017 08/14/17 Price Changed $724,900 -7.6% $456 / Sq Ft
08/07/2017 08/07/17 For Sale $784,900 -- $494 / 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 $9,429 $773,719 $659,938 $113,781
2024 $9,429 $758,549 $646,999 $111,550
2023 $9,252 $743,676 $634,313 $109,363
2022 $8,830 $729,095 $621,876 $107,219
2021 $8,718 $714,800 $609,683 $105,117
2020 $8,806 $707,472 $603,432 $104,040
2019 $8,460 $693,600 $591,600 $102,000
2018 $4,789 $382,772 $288,889 $93,883
2016 $3,116 $245,628 $212,207 $33,421
2015 $3,072 $241,939 $209,020 $32,919
2014 $3,097 $237,201 $204,926 $32,275
Source: Public Records

Agents Affiliated with this Home

  • Melba Conde

    Seller's Agent in 2018

    Melba Conde

    Vylla Home, Inc.

    (562) 688-6902

    21 Total Sales

    Melba Conde
    Section Image
  • Jason Anderson

    Buyer's Agent in 2018

    Jason Anderson

    eXp Realty of California Inc

    (310) 770-5387

    1 Total Sale

    Jason Anderson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17181921

California Regional Multiple Listing Service (CRMLS)

APN: 5050-005-049

California Los Angeles County Los Angeles 90016 West Adams

2438 Hillcrest Dr, Los Angeles, CA

This home is located at 2438 Hillcrest Dr, Los Angeles, CA 90016 since 07 August 2017 and is currently estimated at $1,155,901, approximately $727 per square foot. This property was built in 1916. 2438 Hillcrest Dr is a home located in Los Angeles County with nearby schools including Virginia Road Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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