NOT LISTED FOR SALE

Estimated Value: $753,000 - $1,129,000

3 Beds
3 Baths
1,740 Sq Ft
$554/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2019

Last sale price $710,000 $408 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,941 / mo

54 Days on Market

About This Home

As of May 2019

Charming 3 unit bungalow all 1BR/1BA in a desirable West Adams neighborhood. 2 of the units are being rented as short term rentals but can be delivered vacant at close of escrow. There is a 2 car garage currently being used by owner for storage as well as a large workshop/storage unit in rear that needs repair. Both which can rented for additional income. 2 of the units have been refurbished and can be delivered furnished. Close to La Cienega and/or La Brea expo stations, churches, restaurants. Seller may consider Seller financing depending on buyer and terms. This is a moneymaker!!

Last Agent to Sell the Property

Keith Moret

Lyon Stahl Investment Real Estate, Inc. License #01802527 Listed on: 01/03/2019

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Melissa Macfadyen

Compass License #01005574

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,996

Parking

  • 3 Parking Spaces

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,996 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5043-001-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

5,996 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1740
  • Stories: 1
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator
  • Price Per S Q F T: 431.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 3

Utilities

  • Heating: Wall Gas
  • Water Expense: 1800.00

Fee Information

  • Insurance Expense: 1200.00
  • Maintenance Expense: 4000.00

Lot Info

  • Assessed Improvement Value: 87052
  • Assessed Land Value: 118736
  • Assessor Parcel Number: 5043-001-028
  • Geocode Override: No
  • Lot Size Area: 5996

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.23
  • Number Of Units: 3
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 5, 2019
Sold by
Insall Stephen
Bought by
2536 Hauser Llc
Seller's Agent
Keith Moret
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Melissa Macfadyen
Compass
List Price
$800,000
Sold Price
$710,000
Premium/Discount to List
-$90,000
-11.25%
Current Estimated Value
$964,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,245
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
Oct 6, 2017
Sold by
Insall Stephen and Chee Coralynn
Bought by
Insall Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2017
Sold by
Haughey William C
Bought by
Insall Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2016
Sold by
Haughey William C
Bought by
Insall Stephen
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
2536 Hauser Llc $710,000 Fidelity National Title
Insall Stephen -- Orange Coast Title Company
Insall Stephen -- None Available
Insall Stephen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Insall Stephen $217,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $710,000 -5.3% $408 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
02/02/2019 02/02/19 Price Changed $750,000 -3.2% $431 / Sq Ft
01/24/2019 01/24/19 Price Changed $775,000 -3.1% $445 / Sq Ft
01/03/2019 01/03/19 For Sale $800,000 -- $460 / Sq Ft
Source: The MLS

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 $9,533 $792,016 $792,016 --
2024 $9,533 $776,487 $776,487 --
2023 $9,352 $761,262 $761,262 $0
2022 $8,921 $746,336 $746,336 $0
2021 $8,951 $731,702 $515,283 $216,419
2020 $9,041 $724,200 $510,000 $214,200
2019 $562 $663,000 $464,100 $198,900
2018 $8,051 $650,000 $455,000 $195,000
2016 $2,656 $201,754 $116,408 $85,346
2015 $2,620 $198,725 $114,660 $84,065
2014 $2,651 $194,833 $112,414 $82,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-419046

The MLS

APN: 5043-001-028

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