NOT LISTED FOR SALE

Estimated Value: $941,207 - $1,268,000

4 Beds
4 Baths
2,928 Sq Ft
$377/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $599,000 $205 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,553/month

8 Days on Market

About This Home

As of January 2016

This home is located at 2441 Workman St, Los Angeles, CA 90031 since 27 October 2015 and is currently estimated at $1,102,802, approximately $376 per square foot. This property was built in 1910. 2441 Workman St is a home located in Los Angeles County with nearby schools including Gates Street Elementary, Lincoln High School, and Woodrow Wilson Senior High.

Last Agent to Sell the Property

JOEL CAMACHO

RE/MAX TOP PRODUCERS License #01972564 Listed on: 10/27/2015

RE/MAX TOP PRODUCERS

Last Buyer's Agent

JOEL CAMACHO

RE/MAX TOP PRODUCERS License #01972564 Listed on: 10/27/2015

RE/MAX TOP PRODUCERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 9,901 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,928 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 1992
  • Assessor Parcel Number 5204012015

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,231
  • Trash Expense $1,050
  • New Taxes Expense $7,000
  • Gross Income $2,740
  • Net Operating Income $28,128

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

9,901 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5204012015
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 204.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1050.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9901.00
  • Price Per Lot Square Foot: 60.50
  • Lot Size Acres: 0.2270

Multi Family

  • Gross Income: 2740.00
  • Gross Scheduled Income: 32880.00
  • Insurance Expense: 1231.00
  • Lot Size Area: 9901.0000 Square Feet
  • Net Operating Income: 28128.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 4752.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Lot: 15
  • Tax Tract Number: 1992.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2016
Sold by
Shi Yin Wong & Wah Lam Foundation
Bought by
2442 Workman Street Llc
Current Estimated Value
$1,102,802

Purchase Details

Listed on
Oct 27, 2015
Closed on
Nov 18, 2015
Sold by
Ramirez Jack and Ramirez Mary H
Bought by
Shi Yin Wong & Wah Lam Foundation
Seller's Agent
JOEL CAMACHO
RE/MAX TOP PRODUCERS
Buyer's Agent
JOEL CAMACHO
RE/MAX TOP PRODUCERS
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Sep 24, 2004
Sold by
Schuler Jennifer Ann
Bought by
Ramirez Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Ramirez Jack and Ramirez Mary H
Bought by
Ramirez Jack and Ramirez Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2004
Sold by
Ramirez Jack and Ramirez Mary H
Bought by
Ramirez Jack and Ramirez Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2003
Sold by
Leos Josephine
Bought by
Ramirez Jack and Ramirez Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2442 Workman Street Llc -- None Available
Shi Yin Wong & Wah Lam Foundation $599,000 Usa National Title Co
Ramirez Jack -- North American Title
Ramirez Jack -- North American Title
Ramirez Jack -- North American Title
Ramirez Jack $218,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Jack $206,000
Previous Owner Ramirez Jack $196,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2016 01/06/16 Sold $599,000 0.0% $205 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $599,000 -- $205 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,025 $709,086 $496,005 $213,081
2024 $9,025 $695,183 $486,280 $208,903
2023 $8,859 $681,553 $476,746 $204,807
2022 $8,465 $668,191 $467,399 $200,792
2021 $8,354 $655,090 $458,235 $196,855
2020 $8,432 $648,894 $453,537 $195,357
2019 $8,115 $636,182 $444,645 $191,537
2018 $7,921 $623,719 $435,927 $187,792
2016 $4,596 $350,412 $255,747 $94,665
2015 $4,534 $345,150 $251,906 $93,244
2014 $4,576 $338,390 $246,972 $91,418
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15234179

California Regional Multiple Listing Service (CRMLS)

APN: 5204-012-015

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