NOT LISTED FOR SALE

2513 W 18th St Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,133,000 - $1,522,000

8 Beds
4 Baths
5,200 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $672,000 $129 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $8,123/month

12 Days on Market

About This Home

As of December 2013

(((((((( INVESTMENT OPPORTUNITY )))))))) STANDARD SALE, NOT A SHORT SALE OR REO. (4) UNITS ALL 2 BEDROOMS 1.5 BATH WITH DETACHED GARAGES. LOCATED IN A PRIME ARE OF LOS ANGELES, PROPERTY SHOULDERS KOREATOWN, HARVARD HEIGHTS, LAFAYETTE SQUARE & COUNTRY CLUB PARK, CLOSE TO SANTA MONICA 10 FWYS. ALL UNITS CONSIST OF 2BEDROOMS 1.5 BATHROOMS WITH AN AMPLE 1300 SQFT EACH. HIGHLIGHTS INCLUDE: IRON FENCING WITH BLOCK WALLS, NEW GARAGE DOORS, NEW LANDSCAPING, UNIT 2515 HAS BEEN REMODELED WITH NEW KITCHEN CABINETS, NEW FLOORING, NEW BATHROOM AND IS READILY AVAILABLE FOR VIEWING. THIS PROPERTY IS THE LOWEST PRICED MULTI-FAMILY (4) UNIT QUADRUPLEX IN THE AREA, PRICED TO SELL. FHA BUYERS ARE WELCOMED. PLEASE DO NOT DISTURB TENANTS. MLS UPDATED DAILY IF SHOWS ACTIVE ITS ACTIVE, SUBMIT YOUR OFFER TODAY!

Last Agent to Sell the Property

Carlos Garcia

SOUTHLAND Real Estate Service License #01320764 Listed on: 10/30/2013

SOUTHLAND Real Estate Service

Last Buyer's Agent

Carlos Garcia

SOUTHLAND Real Estate Service License #01320764 Listed on: 10/30/2013

SOUTHLAND Real Estate Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,426

Year Built

  • Built in 1913

Lot Details

  • 6,880 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 5,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, repairs
  • Tax Lot 4
  • Tax Tract Number 16
  • Assessor Parcel Number 5072031004

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $3,600
  • New Taxes Expense $8,700
  • Gross Income $5,097
  • Net Operating Income $46,664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,426

Year Built

Built in 1913

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 5072031004
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 129.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6880.00
  • Lot Size Acres: 0.1580

Rental Info

  • Tenant Pays: Electricity, Gas, Repairs

Multi Family

  • Gross Income: 5097.00
  • Gross Scheduled Income: 61164.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6880.0000 Square Feet
  • Net Operating Income: 46664.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 14500.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 8700.00
  • Tax Lot: 4
  • Tax Tract Number: W. 16
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Broumandfar Perham
Bought by
Perham Broumandfar Llc
Current Estimated Value
$1,361,474

Purchase Details

Closed on
Jul 7, 2020
Sold by
Mehrannia Niousha
Bought by
Broumandfar Perham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,500
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2014
Sold by
Perham Broumandfar Llc
Bought by
Broumandfar Perham

Purchase Details

Closed on
May 8, 2014
Sold by
Broumandfar Perham
Bought by
Perham Broumandfar Llc

Purchase Details

Listed on
Oct 30, 2013
Closed on
Nov 13, 2013
Sold by
Lizarraga Guillermo
Bought by
Brouhandfar Perham
Seller's Agent
Carlos Garcia
SOUTHLAND Real Estate Service
Buyer's Agent
Carlos Garcia
SOUTHLAND Real Estate Service
List Price
$699,900
Sold Price
$672,000
Premium/Discount to List
-$27,900
-3.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$504,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Lizarraga Guillermo and Lizarraga Maria
Bought by
Lizarraga Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
6.08%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 28, 2004
Sold by
Lizarraga Guillermo
Bought by
Lizarraga Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 3, 2004
Sold by
Lizarraga Maria
Bought by
Lizarraga Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 18, 2003
Sold by
Szerlip Russell
Bought by
Gmb Investments

Purchase Details

Closed on
Feb 23, 1998
Sold by
Szerlip Jerry and Szerlip Joy
Bought by
Szerlip Russell

Purchase Details

Closed on
Jul 27, 1995
Sold by
Szerlip Joy and Szerlip Joy Bucchieri
Bought by
Szerlip Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.45%
Source: Public Records

Range of Values:

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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
Perham Broumandfar Llc -- Accommodation
Perham Broumandfar Llc -- Accommodation
Broumandfar Perham -- Commonwealth Land Title Co
Broumandfar Perham -- Pacific Coast Title Company
Perham Broumandfar Llc -- None Available
Brouhandfar Perham $672,000 None Available
Lizarraga Guillermo -- --
Lizarraga Guillermo -- --
Lizarraga Guillermo -- Lawyers Title
Gmb Investments -- Ticor Title Company
Szerlip Russell -- --
Szerlip Joy -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broumandfar Perham $821,500
Previous Owner Broumandfar Perham $595,000
Previous Owner Brouhandfar Perham $504,000
Previous Owner Lizarraga Guillermo $533,000
Previous Owner Lizarraga Guillermo $93,000
Previous Owner Lizarraga Guillermo $434,000
Previous Owner Szerlip Russell $292,500
Previous Owner Szerlip Russell $30,000
Previous Owner Szerlip Russell $153,400
Previous Owner Szerlip Joy $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2013 12/05/13 Sold $672,000 -4.0% $129 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $699,900 -- $135 / 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 $10,426 $823,772 $612,928 $210,844
2024 $10,426 $807,620 $600,910 $206,710
2023 $10,238 $791,785 $589,128 $202,657
2022 $9,784 $776,261 $577,577 $198,684
2021 $9,638 $761,041 $566,252 $194,789
2020 $9,728 $753,238 $560,446 $192,792
2019 $9,360 $738,469 $549,457 $189,012
2018 $9,189 $723,990 $538,684 $185,306
2016 $8,746 $695,878 $517,767 $178,111
2015 $8,622 $685,426 $509,990 $175,436
2014 $8,674 $672,000 $500,000 $172,000
Source: Public Records

Agents Affiliated with this Home

  • Carlos Garcia

    Seller's Agent in 2013

    Carlos Garcia

    SOUTHLAND Real Estate Service

    (562) 307-5636

    21 Total Sales

    Carlos Garcia
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13220884

California Regional Multiple Listing Service (CRMLS)

APN: 5072-031-004

California Los Angeles County Los Angeles 90019 Arlington Heights

2513 W 18th St, Los Angeles, CA

This home is located at 2513 W 18th St, Los Angeles, CA 90019 since 30 October 2013 and is currently estimated at $1,361,474, approximately $261 per square foot. This property was built in 1913. 2513 W 18th St is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles Senior 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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