NOT LISTED FOR SALE

Estimated Value: $779,610 - $1,054,000

6 Beds
4 Baths
2,590 Sq Ft
$348/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $420,000 $162 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,213/month

12 Days on Market

About This Home

As of December 2014

Great opportunity to own an income property in Los Angeles. The fourplex sits on a corner lot and is surrounded by a fence for extra security. Good unit mix. The property is located within walking distance to public transit, schools, local markets and much more. Property is occupied, please do not disturb tenants.

Last Agent to Sell the Property

Erin Paul

TDC/Pacific Properties Inc. License #01311256 Listed on: 11/17/2014

Co-Listed By

Bryan Cathcart

City and Coast Properties License #01314231

Last Buyer's Agent

Martin Muoto

Martin Muoto License #01922869

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 4,954 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • 2,590 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 2037
  • Assessor Parcel Number 5177022026

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5177022026
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 162.16

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4954.00
  • Lot Size Acres: 0.1140

Multi Family

  • Lot Size Area: 4954.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 2037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2014
Closed on
Dec 18, 2014
Sold by
Chelsea Road Llc
Bought by
Sola Real Estate Fund I Llc
Seller's Agent
Erin Paul
TDC/Pacific Properties Inc.
Buyer's Agent
Martin Muoto
Martin Muoto
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$900,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,653
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Guerrero Freddy
Bought by
Chelsea Road Llc

Purchase Details

Closed on
Jan 4, 2006
Sold by
Castaneda Sanjuana
Bought by
Guerrero Freddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Caldera Lisa
Bought by
Guerrero Freddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2004
Sold by
Renteria Consuelo and Renteria Estella
Bought by
Caldera Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2002
Sold by
Renteria Raul R
Bought by
Renteria Raul R

Purchase Details

Closed on
Jun 13, 2001
Sold by
Renteria Consuelo
Bought by
Renteria Consuelo
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
Sola Real Estate Fund I Llc $420,000 Fidelity National Title Co
Chelsea Road Llc -- Provident Title Company
Guerrero Freddy -- Southland Title
Guerrero Freddy $545,000 Southland Title
Caldera Lisa $240,000 Southland Title
Renteria Raul R -- --
Renteria Consuelo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero Freddy $436,000
Previous Owner Caldera Lisa $230,400
Closed Caldera Lisa $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $420,000 -6.7% $162 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $450,000 -- $174 / 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 $6,432 $504,768 $336,514 $168,254
2024 $6,432 $494,871 $329,916 $164,955
2023 $6,314 $485,169 $323,448 $161,721
2022 $6,032 $475,656 $317,106 $158,550
2021 $5,949 $466,331 $310,889 $155,442
2020 $6,003 $461,551 $307,702 $153,849
2019 $5,778 $452,502 $301,669 $150,833
2018 $5,668 $443,630 $295,754 $147,876
2016 $5,402 $426,405 $284,270 $142,135
2015 $5,326 $420,000 $280,000 $140,000
2014 $3,006 $217,985 $117,531 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14238059

California Regional Multiple Listing Service (CRMLS)

APN: 5177-022-026