NOT LISTED FOR SALE

Estimated Value: $1,034,000 - $1,896,000

9 Beds
5 Baths
2,885 Sq Ft
$545/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $1,550,000 $537 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,941/month

88 Days on Market

Highlights

  • Automatic Gate
  • Breakfast Area or Nook
  • Balcony
  • Fireplace in Kitchen
  • Fenced Yard
  • 5-minute walk to Gladys Jean Wesson Park

About This Home

As of March 2021

A rare find compound in the heart of the city, close to freeways and downtown, sitting on over 8000sq ft lot. This newly renovated 3 separate houses on a lot is a great investment opportunity for an owner user or investor looking for a cash flow. The front building is a 3 bed 2 bath with a nice sized dining area. The middle building is a 2 level home and consists of 4 bed 2 bath with a brand new roof and the rare house is 2 bed 1 bath. All units feature new paint, new flooring, quartz countertops, updated electrical, plumbing, new lighting, new appliances, water heaters and new HVAC. All units are vacant and ready for new tenants. All are separately metered and have laundry in unit. All appliances currently present are included in the sale. New landscaped yard with sprinkler system. All units have separate addresses, gas and electric meters. There is a long driveway enough to fit multiple cars leading to 2 car garage with remote access. Book your appointment today!

Last Agent to Sell the Property

Obie Nwabuzor

Pacific Playa Realty License #02020522 Listed on: 11/06/2020

Pacific Playa Realty

Last Buyer's Agent

Vera Nelson

Hythe Realty, Inc License #01333471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,526

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 8,432 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned LAR2

Parking

  • 2 Car Garage
  • 10 Open Parking Spaces
  • Driveway
  • Automatic Gate

Home Design

  • Turnkey
  • Raised Foundation
  • Asphalt Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,885 Sq Ft Home
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 5 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • The owner pays for water
  • Assessor Parcel Number 5057-006-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,526

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: No
  • Building Permit: Yes
  • Entry Location: Living Room
  • Living Area: 2885
  • Lot Acreage: 0.1940
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: 220V Throughout, Detached/No Common Walls, Mirrored Closet Door(s), Turnkey
  • Number Dishwasher: 3
  • Fireplace Rooms: Kitchen, Living Room
  • Flooring: Laminate, Tile
  • Appliances: Cooktop - Gas, Microwave, Oven, Range, Range Hood
  • Bedrooms: 9
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Remodeled, Shower and Tub, Shower Over Tub, Tile
  • Kitchen Features: Counter Top
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 554.25

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony, Full Copper Plumbing, Rain Gutters, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Porch - Front
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 10
  • Garage Structures: 1
  • Parking Garage: Auto Driveway Gate, Driveway, Driveway - Concrete, Garage - 2 Car, Garage Is Detached, Gated
  • Total Parking: 10

Utilities

  • Volt 220: 220V Throughout
  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Number Gas Meters: 3
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinklers, Gated, Smoke Detector
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Additions Alterations: Yes
  • Assessed Improvement Percent: 44.54
  • Assessed Improvement Value: 18983
  • Assessed Land Percent: 55.46
  • Assessed Land Value: 23638
  • Total Assessed Value: 42621
  • Assessor Parcel Number: 5057-006-007
  • Geocode Override: No
  • Lot Description: Automatic Gate, Back Yard, Fenced, Fenced Yard, Front Yard, Landscaped, Yard
  • Lot Location: Flats
  • Lot Size Area: 8432

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: Triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2019
Sold by
Flournoy Felicia Marie and The Howard Family Trust
Bought by
Freetown Holdings Company
Current Estimated Value
$1,572,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Outstanding Balance
$527,972
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$1,044,500

Purchase Details

Closed on
Sep 9, 1996
Sold by
Howard Nathan and Howard Betty J
Bought by
The Howard Family Trust
Source: Public Records

Range of Values:

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Average Value
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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
Freetown Holdings Company $670,000 Fidelity Title Sherman Oaks
The Howard Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freetown Holdings Company $603,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $1,550,000 -3.1% $537 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
11/17/2020 11/17/20 Price Changed $1,599,000 -11.1% $554 / Sq Ft
11/06/2020 11/06/20 For Sale $1,799,000 -- $624 / 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
2025 $20,526 $1,677,767 $1,298,917 $378,850
2024 $20,228 $1,644,871 $1,273,449 $371,422
2023 $19,840 $1,612,620 $1,248,480 $364,140
2022 $18,924 $1,581,000 $1,224,000 $357,000
2021 $8,592 $690,479 $484,366 $206,113
2020 $8,677 $683,400 $479,400 $204,000
2019 $7,483 $44,341 $24,592 $19,749
2018 $863 $43,472 $24,110 $19,362
2016 $809 $41,786 $23,175 $18,611
2015 $802 $41,159 $22,827 $18,332
2014 $830 $40,353 $22,380 $17,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-654492

The MLS

APN: 5057-006-007