Seller's Agent in 2019
LORRI HOCH
SRE & ASSOCIATES, INC
(951) 440-5152
8 Total Sales
251 E 31st St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $816,000 - $1,039,000
7
Beds
4
Baths
2,280
Sq Ft
$418/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Wrought Iron Fence
- Wall Furnace
- No HOA
- Level Lot
About This Home
As of July 2019Four units near USC, just about 6 blocks. This 4 plex is located off West San Pedro, west of Adams. It could be great for student housing. It is close to DTLA and walking distance to USC & Exposition Park. Delores Huerta Elementary School is across the street. Property is being SOLD AS-IS condition. All units are occupied. ***Please do not disturb tenants.***
Last Agent to Sell the Property
SRE & ASSOCIATES, INC License #01290099 Listed on: 02/20/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,659
Year Built
- Built in 1947
Lot Details
- 6,251 Sq Ft Lot
- Lot Dimensions are 50x125
- Two or More Common Walls
- Wrought Iron Fence
- Level Lot
Home Design
- Quadruplex
- Rolled or Hot Mop Roof
- Composition Roof
Interior Spaces
- 2,280 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 37
- Assessor Parcel Number 5128005025
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,530
- Trash Expense $7,200
- Water Sewer Expense $7,200
- Operating Expense $8,730
- Gross Income $16,663
- Net Operating Income $7,933
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2023
Sold by
Serrano Marcela Sofia
Bought by
Marcela Sofia Serrano Living Trust and Serrano
Current Estimated Value
Purchase Details
Closed on
Nov 19, 2021
Sold by
Joya Ramon Elias Bernal
Bought by
Serrano Marcela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,745
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2021
Sold by
Serrano Marcela
Bought by
Serrano Marcela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,745
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 20, 2019
Closed on
Jun 6, 2019
Sold by
Manzo Hector J and Manzo Sylvia
Bought by
Serrano Marcela
Seller's Agent
LORRI HOCH
SRE & ASSOCIATES, INC
Buyer's Agent
Debbie Santiago
Re/Max Masters
List Price
$749,900
Sold Price
$685,000
Premium/Discount to List
-$64,900
-8.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$513,750
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2015
Sold by
Manzo Hector J and Manzo Sylvia
Bought by
Manzo Hector J and Manzo Sylvla
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,581
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2004
Sold by
Manzo Mano and Manzo Jesus
Bought by
Manzo Hector J and Manzo Sylvia
Purchase Details
Closed on
Aug 28, 1997
Sold by
Teller David
Bought by
Manzo Mario and Manzo Jesus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,538
Interest Rate
7.54%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 27, 1997
Sold by
Great Western Bank Fsb
Bought by
Teller David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.86%
Purchase Details
Closed on
Oct 30, 1996
Sold by
Cruz Ronald and Great Western Bank Fsb
Bought by
Great Western Bank Fsb
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marcela Sofia Serrano Living Trust | -- | None Listed On Document | |
| Serrano Marcela | -- | Usa Title | |
| Serrano Marcela | -- | Usa Title | |
| Serrano Marcela | $685,000 | Lawyers Title | |
| Manzo Hector J | -- | Western Resources Title | |
| Manzo Hector J | -- | -- | |
| Manzo Mario | $189,000 | American Title Ins Co | |
| Teller David | $100,000 | Stewart Title | |
| Great Western Bank Fsb | $101,500 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Serrano Marcela | $488,745 | |
| Previous Owner | Serrano Marcela | $513,750 | |
| Previous Owner | Manzo Hector J | $245,581 | |
| Previous Owner | Manzo Hector J | $257,000 | |
| Previous Owner | Manzo Mario | $183,538 | |
| Previous Owner | Teller David | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2019 07/23/19 | Sold | $685,000 | -8.7% | $300 / Sq Ft |
| 05/23/2019 05/23/19 | Pending | -- | -- | -- |
| 02/20/2019 02/20/19 | For Sale | $749,900 | -- | $329 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,316 | $749,143 | $492,139 | $257,004 |
| 2024 | $9,316 | $734,455 | $482,490 | $251,965 |
| 2023 | $9,141 | $720,055 | $473,030 | $247,025 |
| 2022 | $8,725 | $705,937 | $463,755 | $242,182 |
| 2021 | $8,610 | $692,096 | $454,662 | $237,434 |
| 2020 | $8,693 | $685,000 | $450,000 | $235,000 |
| 2019 | $5,754 | $449,834 | $224,917 | $224,917 |
| 2018 | $5,659 | $441,014 | $220,507 | $220,507 |
| 2016 | $5,391 | $423,892 | $211,946 | $211,946 |
| 2015 | $5,316 | $417,526 | $208,763 | $208,763 |
| 2014 | $5,358 | $409,348 | $204,674 | $204,674 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Debbie Santiago
RE/MAX
(562) 307-5429
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV19040032
APN: 5128-005-025
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