NOT LISTED FOR SALE

263 Union Place Los Angeles, CA 90026

Westlake Neighborhood

Estimated Value: $1,021,000 - $1,281,000

7 Beds
5 Baths
3,087 Sq Ft
$374/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $720,000 $233 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,136/month

139 Days on Market

About This Home

As of October 2016

The 4 unit specialists are pleased to offer for sale,263 union pl is located blocks from prime downtown Los Angeles and minutes from the popular Echo Park and Silver lake. This area is gentrifying more and more by the day,causing ever-increasing rents and a wave of quality tenants in search of housing nearby so many popular destinations.263 union pl is made up a 3 bed-2 bath,2 bed-1 bath and two i bed-1 bath.Rent will be increased for all units from 9-1-2016

Last Agent to Sell the Property

Paul Y. Ahn

Masters Realty & Investment License #01476850 Listed on: 04/02/2016

Last Buyer's Agent

Lauren Tizabi

License #01952829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,385

Year Built

  • Built in 1908

Lot Details

  • 6,496 Sq Ft Lot

Interior Spaces

  • 3,087 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Assigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5153-010-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,385

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3087
  • Stories: 2
  • Year Built: 1908
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 225.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 5

Lot Info

  • Assessed Improvement Value: 83638
  • Assessed Land Value: 334553
  • Assessor Parcel Number: 5153-010-018
  • Geocode Override: No
  • Lot Size Area: 6496

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 4
  • Total Annual Expense: 599
  • Type Of Units: 4 unit
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2016
Closed on
Sep 27, 2016
Sold by
263 Union Pi Investments Llc
Bought by
Tizabi Ashley and Farnad Shahbaz
Seller's Agent
Paul Y. Ahn
Masters Realty & Investment
Buyer's Agent
Lauren Tizabi
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
Current Estimated Value
$1,153,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,023
Avg. Annual Appreciation
5.24%
Original Mortgage
$540,000
Outstanding Balance
$434,072
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$698,043

Purchase Details

Listed on
Dec 10, 2013
Closed on
Jan 15, 2014
Sold by
Bustos Natividad S and Sibal Ernesto V
Bought by
263 Union Pl Investments Llc
Seller's Agent
Michael Moran
No Firm Affiliation
Buyer's Agent
Michael Moran
No Firm Affiliation
List Price
$375,000
Sold Price
$410,000
Premium/Discount to List
$35,000
9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.72%
Source: Public Records

Range of Values:

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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
Tizabi Ashley $720,000 Ticor Title Company
Tizabi Ashley -- Ticor Title Company
263 Union Pl Investments Llc -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tizabi Ashley $540,000
Previous Owner Sibal Benito C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $720,000 +3.4% $233 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/03/2016 08/03/16 Price Changed $696,000 -4.0% $225 / Sq Ft
07/18/2016 07/18/16 For Sale $725,000 0.0% $235 / Sq Ft
07/18/2016 07/18/16 Price Changed $725,000 +0.7% $235 / Sq Ft
04/19/2016 04/19/16 Off Market $720,000 -- --
04/02/2016 04/02/16 For Sale $699,000 +70.5% $226 / Sq Ft
01/22/2014 01/22/14 Sold $410,000 +9.3% $165 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
12/10/2013 12/10/13 For Sale $375,000 -- $151 / 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 $10,385 $835,618 $580,292 $255,326
2024 $10,385 $819,234 $568,914 $250,320
2023 $10,194 $803,171 $557,759 $245,412
2022 $9,736 $787,423 $546,823 $240,600
2021 $9,604 $771,984 $536,101 $235,883
2020 $9,698 $764,069 $530,604 $233,465
2019 $9,325 $749,088 $520,200 $228,888
2018 $9,141 $734,400 $510,000 $224,400
2016 $5,371 $424,567 $339,654 $84,913
2015 $5,174 $418,191 $334,553 $83,638
2014 $1,152 $77,853 $58,313 $19,540
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Paul Y. Ahn

    Masters Realty & Investment

  • L

    Buyer's Agent in 2016

    Lauren Tizabi

  • M

    Seller's Agent in 2014

    Michael Moran

    No Firm Affiliation

  • E

    Seller Co-Listing Agent in 2014

    Elizabeth Maddox

    No Firm Affiliation

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Map

Source: The MLS

MLS Number: 16-111608

The MLS

APN: 5153-010-018

California Los Angeles County Los Angeles 90026 Westlake

263 Union Place, Los Angeles, CA

This home is located at 263 Union Place, Los Angeles, CA 90026 since 02 April 2016 and is currently estimated at $1,153,023, approximately $373 per square foot. This property was built in 1908. 263 Union Place is a home located in Los Angeles County with nearby schools including Union Avenue Elementary, Sal Castro Middle School, and Belmont High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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