NOT LISTED FOR SALE

Estimated Value: $1,045,000 - $1,177,000

6 Beds
4 Baths
3,046 Sq Ft
$370/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2018

Last sale price $890,000 $292 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,038 / mo

11 Days on Market

About This Home

As of June 2018

HUGE upside potential on this 4-unit building located in the coveted Leimert Park neighborhood! This well cared for income property is centrally located in an area with an unprecedented amount of development contemplated and in process (i.e. the METRO, redevelopment of the Baldwin Hills Crenshaw Plaza, District Square and thousands of luxury condo & apartment units). Higher income is attainable immediately (as occupied units turn over), but there will also be material equity upside as new developments are completed and the area appreciation out paces most other Los Angeles neighborhoods. Take advantage of this unique investment opportunity and make your offer subject to inspection.

Last Agent to Sell the Property

Tisha Greene

LA Vision Properties, Inc. License #01426433 Listed on: 05/10/2018

Last Buyer's Agent

Tisha Greene

LA Vision Properties, Inc. License #01426433 Listed on: 05/10/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 4,477

Home Design

  • 3,046 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Additional Features

  • 4,477 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5044-021-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

4,477 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: HUGE upside potential on this 4-unit building located in the coveted Leimert Park neighborhood! This well cared for income property is centrally located in an area with an unprecedented amount of development contemplated and in process (i.e. the METRO, redevelopment of the Baldwin Hills Crenshaw Plaza, District Square and thousands of luxury condo & apartment units). Higher income is attainable immediately (as occupied units turn over), but there will also be material equity upside as new developments are completed and the area appreciation out paces most other Los Angeles neighborhoods. Take advantage of this unique investment opportunity and make your offer subject to inspection.
  • Living Area: 3046
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 279.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5044-021-019
  • Geocode Override: No
  • Lot Size Area: 4477

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: Income

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
May 24, 2018
Sold by
Bought by
Seller's Agent
Tisha Greene
LA Vision Properties, Inc.
Buyer's Agent
Tisha Greene
LA Vision Properties, Inc.
List Price
$849,900
Sold Price
$890,000
Premium/Discount to List
$40,100
4.72%
Current Estimated Value
$1,128,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,501
Avg. Annual Appreciation
2.96%
Original Mortgage
$534,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
0.0687%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
0.0712%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 27, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,900
Interest Rate
0.0639%

Purchase Details

Closed on
Jan 16, 2001
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,637
Interest Rate
0.0782%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$890,000 None Available
-- Alliance Title Company
$670,000 Fidelity Van Nuys
$235,000 Fidelity National Title Co
$305,789 Fidelity Title
$289,000 California Counties Title Co
-- Gateway Title
$202,909 Gateway Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $383,000
Closed $534,000
Previous Owner $620,000
Previous Owner $536,000
Previous Owner $380,000
Previous Owner $234,500
Previous Owner $187,900
Previous Owner $286,637
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/07/2018 06/07/18 Sold $890,000 +4.7% $292 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $849,900 -- $279 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,593 $1,012,662 $796,478 $216,184
2024 $12,431 $992,807 $780,861 $211,946
2023 $12,198 $973,341 $765,550 $207,791
2022 $11,644 $954,257 $750,540 $203,717
2021 $11,490 $935,547 $735,824 $199,723
2019 $11,152 $907,800 $714,000 $193,800
2018 $10,036 $804,691 $660,572 $144,119
2016 $8,411 $675,000 $540,000 $135,000
2015 $7,637 $610,000 $488,000 $122,000
2014 $6,491 $500,000 $400,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-342592

The MLS

APN: 5044-021-019

Your Personal Tour Guide

Ask me questions while you tour the home.