NOT LISTED FOR SALE

2503 Pennsylvania Ave Los Angeles, CA 90033

Estimated Value: $695,000 - $770,692

4 Beds
2 Baths
1,381 Sq Ft
$536/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $380,000 $275 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,404/month

83 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Soto
  • Private Yard
  • Felicitas and Gonzalo Mendez High Rated A-
  • Corner Lot

About This Home

As of December 2016

Excellent income property!!! Wonderful East LA location just south of Cesar Chavez and just minutes from Downtown Los Angeles. Two free standing units with a nice view and with plenty of parking in the rear. Property is being Sold As-Is condition. Front unit has 3 bedrooms and 1 bathroom and back unit has been recently remodeled. Seller will not carry out any repairs and all permits to be verified with the city.

Last Agent to Sell the Property

IVAN ANTHONY SOLIS

CENTRAL FINANCIAL AND REALTY License #01128055 Listed on: 09/20/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,507

Year Built

  • Built in 1895

Lot Details

  • 5,422 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Corner Lot
  • Rectangular Lot
  • Private Yard
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • 1,381 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2042
  • Assessor Parcel Number 5180007020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,507

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5180007020
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 275.16

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Front Yard, Rectangular Lot, Near Public Transit, Yard
  • Lot Size Sq Ft: 5422.00
  • Price Per Lot Square Foot: 73.77
  • Lot Size Acres: 0.1240

Multi Family

  • Lot Size Area: 5422.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 2042.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Nov 3, 2016
Sold by
Diaz Esteban Acuna and Acuna Alicia
Bought by
Castaneda Esmeralda
Seller's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Current Estimated Value
$740,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,423
Avg. Annual Appreciation
7.90%
Original Mortgage
$373,117
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 10, 2012
Closed on
Nov 20, 2012
Sold by
Valencia Jose Antonio and Valencia Maria I
Bought by
Diaz Esteban Acuna and Acuna Alicia
Seller's Agent
Michael Winston
Michael Winston, Broker
Buyer's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$245,471
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2010
Sold by
Federal National Mortgage Association
Bought by
Valencia Jose Antonio and Valencia Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2010
Sold by
Huerta Jorge L and Huerta Luz E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 9, 2008
Sold by
Huerta Jorge L and Huerta Luz E
Bought by
Huerta Jorge L and Huerta Luz E

Purchase Details

Closed on
Jun 1, 2008
Sold by
Huerta Jorge L
Bought by
Reyes Gloria

Purchase Details

Closed on
May 5, 2006
Sold by
Meza Gloria Moreno and The Gloria Moreno Meza Living
Bought by
Huerta Jorge L and Huerta Luz E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2005
Sold by
Moreno Gloria M
Bought by
The Gloria Moreno Meza Living Trust

Purchase Details

Closed on
May 16, 2001
Sold by
Rodriguez Manuel
Bought by
Sandoval Martin
Source: Public Records

Range of Values:

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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
Castaneda Esmeralda $380,000 None Available
Diaz Esteban Acuna $250,000 Lawyers Title Company
Valencia Jose Antonio $230,000 First American Title Ins Co
Federal National Mortgage Association $436,445 Landsafe
Huerta Jorge L -- None Available
Reyes Gloria $1,000 None Available
Huerta Jorge L $437,000 United Title Company
The Gloria Moreno Meza Living Trust -- --
Sandoval Martin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castaneda Esmeralda $382,000
Closed Castaneda Esmeralda $373,117
Previous Owner Diaz Esteban Acuna $245,471
Previous Owner Valencia Jose Antonio $223,100
Previous Owner Huerta Jorge L $349,600
Previous Owner Meza Gloria Moreno $50,000
Previous Owner Moreno Gloria M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $380,000 -5.0% $275 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $400,000 +5.3% $290 / Sq Ft
09/07/2016 09/07/16 Off Market $380,000 -- --
08/19/2016 08/19/16 For Sale $400,000 +60.0% $290 / Sq Ft
10/30/2012 10/30/12 Sold $250,000 +0.4% $237 / Sq Ft
09/10/2012 09/10/12 For Sale $249,000 -- $236 / 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 $5,507 $441,018 $319,160 $121,858
2024 $5,507 $432,371 $312,902 $119,469
2023 $5,404 $423,894 $306,767 $117,127
2022 $5,158 $415,583 $300,752 $114,831
2021 $5,092 $407,435 $294,855 $112,580
2020 $5,140 $403,258 $291,832 $111,426
2019 $4,943 $395,352 $286,110 $109,242
2018 $4,864 $387,600 $280,500 $107,100
2016 $3,303 $260,056 $239,253 $20,803
2015 $3,257 $256,151 $235,660 $20,491
2014 $3,280 $251,134 $231,044 $20,090
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2016

    IVAN ANTHONY SOLIS

    CENTRAL FINANCIAL AND REALTY

    (323) 725-0411

    2 in this area

    109 Total Sales

    IVAN ANTHONY SOLIS
    Section Image
  • Michael Winston

    Seller's Agent in 2012

    Michael Winston

    Michael Winston, Broker

    (949) 285-4878

    14 Total Sales

    Michael Winston
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16183548

California Regional Multiple Listing Service (CRMLS)

APN: 5180-007-020

California Los Angeles County Los Angeles 90033

2503 Pennsylvania Ave, Los Angeles, CA

This home is located at 2503 Pennsylvania Ave, Los Angeles, CA 90033 since 20 September 2016 and is currently estimated at $740,423, approximately $536 per square foot. This property was built in 1895. 2503 Pennsylvania Ave is a home located in Los Angeles County with nearby schools including Breed Street Elementary School, Hollenbeck Middle School, and Theodore Roosevelt 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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