NOT LISTED FOR SALE

261 E 43rd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $671,000 - $838,000

4 Beds
2 Baths
1,564 Sq Ft
$471/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $297,000 $190 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,236/month

57 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace
  • Property is near public transit
  • Carpet
  • 5-minute walk to Gilbert Lindsay Recreation Center

About This Home

As of June 2014

Property has two units attached to the same building. Front unit is vacant and is ready to move in. It also has 3 bedrooms and 1 1/4 bath. The unit behind has 1 bedroom and 1 bath. This particular unit in the back is tenant occupied. Property has a garage with laundry area on the side. Great property for owner occupied.

Last Agent to Sell the Property

Joe Lopez

Real Estate Executives Secure Properties License #01070077 Listed on: 03/24/2014

Last Buyer's Agent

LUIS BARQUERO

C-21 REALTY TEAM License #01515240

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 5,414 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,564 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 5113009013

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5113009013
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 189.90
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5414.00
  • Lot Size Acres: 0.1240

Multi Family

  • Lot Size Area: 5414.0000 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: 47
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2014
Closed on
May 28, 2014
Sold by
3826 Maxson Road Llc
Bought by
Guevara Reyan M and Gomez Ana Guevara
Seller's Agent
Joe Lopez
Real Estate Executives Secure Properties
Buyer's Agent
LUIS BARQUERO
C-21 REALTY TEAM
List Price
$289,900
Sold Price
$297,000
Premium/Discount to List
$7,100
2.45%
Current Estimated Value
$736,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,382
Avg. Annual Appreciation
8.15%
Original Mortgage
$291,620
Outstanding Balance
$217,997
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$518,385

Purchase Details

Listed on
Mar 24, 2014
Closed on
May 27, 2014
Sold by
Pleitez Herver A
Bought by
Guevara Reyna M
Seller's Agent
Joe Lopez
Real Estate Executives Secure Properties
Buyer's Agent
LUIS BARQUERO
C-21 REALTY TEAM
List Price
$289,900
Sold Price
$297,000
Premium/Discount to List
$7,100
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,620
Outstanding Balance
$217,997
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$518,385

Purchase Details

Closed on
Apr 3, 2013
Sold by
Inman Richard B
Bought by
3826 Maxson Road Llc

Purchase Details

Closed on
Jun 8, 2011
Sold by
3826 Maxson Road Llc
Bought by
Inman Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2010
Sold by
Rubio Antonio and Rubio Imelda
Bought by
3826 Maxson Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
Frausto Mari Cruz
Bought by
Rubio Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2003
Sold by
Frausto Encarnacion and Frausto Antonio
Bought by
Frausto Mari Cruz E

Purchase Details

Closed on
Jun 1, 2000
Sold by
Dominguez Enrique and Lopez Lucia Bazan
Bought by
Frausto Encarnasion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,385
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2000
Sold by
Flores Silvia G
Bought by
Dominguez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,385
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 1993
Sold by
Arevalo Maria
Bought by
Dominguez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,573
Interest Rate
7.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guevara Reyan M $297,000 Provident Title Company
Guevara Reyna M -- Provident Title Company
3826 Maxson Road Llc $250,000 None Available
Inman Richard B $210,000 Ticor Title Company
3826 Maxson Road Llc $165,000 Lawyers Title
Rubio Antonio $515,000 Security Union Title
Frausto Mari Cruz E -- United Title Company
Frausto Encarnasion $185,000 Fidelity Title
Dominguez Enrique -- Fidelity Title
Dominguez Enrique $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guevara Reyna M $291,620
Previous Owner Inman Richard B $157,500
Previous Owner 3826 Maxson Road Llc $99,000
Previous Owner Rubio Antonio $412,000
Previous Owner Frausto Encarnasion $183,385
Previous Owner Dominguez Enrique $153,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2014 06/06/14 Sold $297,000 +2.4% $190 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $289,900 -- $185 / 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 $4,621 $364,071 $220,649 $143,422
2024 $4,621 $356,933 $216,323 $140,610
2023 $4,536 $349,935 $212,082 $137,853
2022 $4,331 $343,074 $207,924 $135,150
2021 $4,274 $336,348 $203,848 $132,500
2019 $4,150 $326,373 $197,802 $128,571
2018 $4,047 $319,974 $193,924 $126,050
2016 $3,858 $307,551 $186,395 $121,156
2015 $3,804 $302,933 $183,596 $119,337
2014 -- $251,134 $170,771 $80,363
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joe Lopez

    Real Estate Executives Secure Properties

    (562) 569-3224

    1 in this area

    13 Total Sales

    Joe Lopez
    Section Image

  • L

    Buyer's Agent in 2014

    LUIS BARQUERO

    C-21 REALTY TEAM

    (562) 531-2001

    8 Total Sales

    LUIS BARQUERO
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14022811

California Regional Multiple Listing Service (CRMLS)

APN: 5113-009-013

California Los Angeles County Los Angeles 90011 Historic South Central

261 E 43rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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