NOT LISTED FOR SALE

249 E 83rd St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $1,247,000

16 Beds
10 Baths
11,092 Sq Ft
$112/Sq Ft Est. Value

Last Sold April 25, 2012

Last sale price $655,000 $59 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,393/month

141 Days on Market

Highlights

  • 0.29 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cottage
  • Laundry Room

About This Home

As of April 2012

This home is located at 249 E 83rd St, Los Angeles, CA 90003 since 22 November 2011 and is currently estimated at $1,247,000, approximately $112 per square foot. This property was built in 1916. 249 E 83rd St is a home located in Los Angeles County with nearby schools including South Park Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Last Agent to Sell the Property

Antonio Sanchez

OPENING DOORS REALTY License #00649283 Listed on: 11/22/2011

Last Buyer's Agent

Luis Ruiz

LAR Realty, Inc. License #01295320

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 0.29 Acre Lot

Parking

  • 12 Parking Spaces

Home Design

  • 11,092 Sq Ft Home
  • Cottage
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 95
  • Tax Tract Number 1941
  • Assessor Parcel Number 6030010034

Community Details

Overview

  • 3 Buildings
  • 12 Units

Building Details

  • Rent Control
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,400
  • Insurance Expense $3,500
  • Maintenance Expense $7,200
  • Professional Management Expense $4,980
  • Trash Expense $1,400
  • Water Sewer Expense $5,000
  • New Taxes Expense $7,500
  • Gross Income $9,050
  • Net Operating Income $76,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Professional Management Expense: 4980.00
  • View: No
  • Water Sewer Expenses: 5000.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 6030010034
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 59.05

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Trash Expense: 1400.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 12792.00
  • Lot Size Acres: 0.2900

Multi Family

  • Electric Expense: 1400.00
  • Gross Income: 9050.00
  • Gross Scheduled Income: 108600.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 12792.0000 Square Feet
  • Maintenance Expense: 7200.00
  • Net Operating Income: 76020.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 32580.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 95
  • Tax Tract Number: 1941
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2025
Sold by
A & S Realty Group Llc
Bought by
Awk Separate Property Trust and Kapilow
Current Estimated Value
$1,247,000

Purchase Details

Listed on
Nov 22, 2011
Closed on
Apr 13, 2012
Sold by
Oneunited Bank
Bought by
A & S Realty Group Llc
Seller's Agent
Antonio Sanchez
OPENING DOORS REALTY
Buyer's Agent
Luis Ruiz
LAR Realty, Inc.
List Price
$780,000
Sold Price
$655,000
Premium/Discount to List
-$125,000
-16.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
May 18, 2011
Sold by
White E Michael and E Michael White Family Trust
Bought by
Oneunited Bank and Family Savings Bank

Purchase Details

Closed on
Apr 8, 2011
Sold by
White E Michael and E Michael White Family Trust
Bought by
White E Michael and E Michael White Family Trust

Purchase Details

Closed on
May 19, 2010
Sold by
Lyseight Opal
Bought by
White E Michael and E Michael White Family Trust

Purchase Details

Closed on
Nov 28, 2006
Sold by
Washington Kevin
Bought by
Lyseight Opal

Purchase Details

Closed on
Nov 18, 2006
Sold by
White E Michael and E Michael White Family Trust
Bought by
Lyseight Opal

Purchase Details

Closed on
Jun 25, 2002
Sold by
White E Michael
Bought by
White E Michael and The E Michael White Family Tru

Purchase Details

Closed on
May 24, 2000
Sold by
Moses Lawrence and Moses Cynthia
Bought by
White E Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
8.27%
Mortgage Type
Commercial
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
Awk Separate Property Trust -- None Listed On Document
A & S Realty Group Llc $655,000 Fidelity National Title Co
Oneunited Bank $860,938 Pacific Coast Title
White E Michael $10,000 None Available
White E Michael -- None Available
Lyseight Opal -- None Available
Lyseight Opal -- None Available
White E Michael -- --
White E Michael $230,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White E Michael $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2012 04/25/12 Sold $655,000 -16.0% $59 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $780,000 -- $70 / 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 $11,239 $822,704 $376,811 $445,893
2024 $11,239 $806,573 $369,423 $437,150
2023 $11,047 $790,759 $362,180 $428,579
2022 $10,587 $775,255 $355,079 $420,176
2021 $10,437 $760,055 $348,117 $411,938
2019 $10,159 $737,514 $337,793 $399,721
2018 $9,911 $723,054 $331,170 $391,884
2016 $9,405 $694,978 $318,311 $376,667
2015 $9,282 $684,540 $313,530 $371,010
2014 $9,391 $671,132 $307,389 $363,743
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Antonio Sanchez

    OPENING DOORS REALTY

    Section Image
  • Luis Ruiz

    Buyer's Agent in 2012

    Luis Ruiz

    LAR Realty, Inc.

    (213) 407-5702

    13 Total Sales

    Luis Ruiz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M11153203

California Regional Multiple Listing Service (CRMLS)

APN: 6030-010-034

California Los Angeles County Los Angeles 90003 Florence

249 E 83rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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