NOT LISTED FOR SALE

Estimated Value: $1,361,000 - $1,492,000

-- Bed
-- Bath
4,330 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $1,095,000 $253 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,578/month

32 Days on Market

Highlights

  • Baseboard Heating
  • 4 Car Garage
  • 2-minute walk to Gladys Jean Wesson Park

About This Home

As of August 2018

Historic West Adams Quadruplex Just Listed! All copper plumbing , some new windows,electric was updated The building is 4,330sf divided into 4 large 2 Bed, 1 Bath units sitting on a 6,229sf LARD1.5 lot. The apartment and garages are surrounded by a wrought-iron fence and there are separate meters for gas, electricity and individual water heaters. Great Mid-City Location, near schools,shopping and freeways and close . DRIVE BY ONLY! DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 06/07/2018

Home Team Realty

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 06/07/2018

Home Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,782

Year Built

  • Built in 1926

Lot Details

  • 6,254

Parking

  • 4 Car Garage

Home Design

  • 4,330 Sq Ft Home

Additional Features

  • 6,254 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5050-003-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,782

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4330
  • Year Built: 1926
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 254.04

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Heating: Baseboard
  • Water Expense: 3600.00

Fee Information

  • Insurance Expense: 3000.00
  • Maintenance Expense: 2000.00

Lot Info

  • Assessed Improvement Value: 91990
  • Assessed Land Value: 324677
  • Assessor Parcel Number: 5050-003-013
  • Geocode Override: No
  • Lot Size Area: 6254

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: 4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Buckingham La Llc
Bought by
Lee Lina
Total Days on Market
32
Current Estimated Value
$1,442,134

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 20, 2018
Sold by
Neshamah Llc
Bought by
Buckingham La Llc
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Shawn Mehrannia
Home Team Realty
List Price
$1,200,000
Sold Price
$1,095,000
Premium/Discount to List
-$105,000
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Dec 5, 2012
Sold by
Khoobian Jacob H and Khoobain Orly T Novel
Bought by
Khoobian Jacob H and Esfandi Farid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 15, 2012
Sold by
Khoobian Jacob H
Bought by
Meshamah Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2011
Sold by
Citibank N A
Bought by
Neshamah Llc

Purchase Details

Closed on
Jun 3, 2009
Sold by
Petillo Sharlette
Bought by
Citibank Na

Purchase Details

Closed on
Nov 7, 2008
Sold by
Sanchez Cydney and The 2617 Buckingham Road Trust
Bought by
Pacifica Group 49/Ii

Purchase Details

Closed on
Oct 7, 2008
Sold by
Mcdaniel & Associates
Bought by
The Mcdaniel & Associates Trust

Purchase Details

Closed on
May 27, 2005
Sold by
Sidhu Sam
Bought by
Petillo Sharlette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2004
Sold by
Singh Bikramjit
Bought by
Sidhu Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 2003
Sold by
Craig Jeffry
Bought by
Singh Bikramjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Craig Jeffry and Murphy Michael K
Bought by
Craig Jeffry

Purchase Details

Closed on
Feb 15, 2000
Sold by
Craig Jeffry
Bought by
Craig Jeffry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
8.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 3, 1999
Sold by
Fleming Kenneth E
Bought by
Craig Jeffry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
9.7%

Purchase Details

Closed on
May 26, 1995
Sold by
Smith Andrea
Bought by
Fleming Kenneth E
Source: Public Records

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Range of Values:

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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
Lee Lina -- Accommodation
Buckingham La Llc $1,095,000 Provident Title Company
Khoobian Jacob H -- Lawyers Title
Meshamah Llc -- Accommodation
Khoobian Jacob H -- Chicago Title Company
Neshamah Llc $385,000 None Available
Citibank Na $548,139 None Available
Pacifica Group 49/Ii -- None Available
The Mcdaniel & Associates Trust -- None Available
Mcdaniel & Associates -- None Available
Petillo Sharlette $650,000 Financial Title Company
Sidhu Sam -- Financial Title Company La
Singh Bikramjit $385,000 First American Title Co
Craig Jeffry -- --
Craig Jeffry -- --
Craig Jeffry $270,000 Equity Title
Fleming Kenneth E -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Lina $850,000
Previous Owner Khoobian Jacob H $435,000
Previous Owner Petillo Sharlette $487,500
Previous Owner Singh Bikramjit $25,000
Previous Owner Singh Bikramjit $308,000
Previous Owner Craig Jeffry $15,000
Previous Owner Craig Jeffry $243,000
Previous Owner Fleming Kenneth E $50,000
Previous Owner Fleming Kenneth E $13,895
Closed Singh Bikramjit $77,000
Closed Petillo Sharlette $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $1,095,000 -0.5% $253 / Sq Ft
06/20/2018 06/20/18 Price Changed $1,100,000 -8.3% $254 / Sq Ft
06/07/2018 06/07/18 For Sale $1,200,000 -- $277 / Sq Ft
Source: The MLS

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
2024 $17,782 $1,431,386 $1,002,507 $428,879
2023 $17,445 $1,403,320 $982,850 $420,470
2022 $16,645 $1,375,805 $963,579 $412,226
2021 $16,425 $1,348,830 $944,686 $404,144
2020 $13,973 $1,116,900 $816,000 $300,900
2019 $13,428 $1,095,000 $800,000 $295,000
2018 $5,552 $424,999 $331,170 $93,829
2016 $5,273 $408,498 $318,311 $90,187
2015 $5,201 $402,363 $313,530 $88,833
2014 $5,244 $394,482 $307,389 $87,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-351592

The MLS

APN: 5050-003-013