NOT LISTED FOR SALE

2635 Arvia St Los Angeles, CA 90065

Cypress Park Neighborhood

Estimated Value: $920,000 - $1,127,365

5 Beds
2 Baths
1,532 Sq Ft
$656/Sq Ft Est. Value

Last Sold April 01, 2015

Last sale price $449,000 $293 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $6,054/month

64 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • Abraham Lincoln High School Rated A
  • Two Homes on a Lot
  • Shed

About This Home

As of April 2015

2 single family homes on a lot. Located in Cypress Park these homes offer privacy, extra income and easy access to public transit. Perfect for an investor or a homeowner --live in one home and rent out the other. Front home has 3 bedrooms and 1 bath, living room, separate dining room and private front yard; back home has 2 bedrooms and 1 bath. Parking for 5. Good condition and rent.

Last Agent to Sell the Property

Enrique Liza

COMPASS License #00691382 Listed on: 01/12/2015

COMPASS

Co-Listed By

June Waybright

COMPASS License #01526330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,944

Year Built

  • Built in 1921

Lot Details

  • 5,421 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Landscaped
  • Level Lot
  • Front Yard

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Stucco

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Parking Available
  • Tandem Garage
  • Driveway

Utilities

  • Wall Furnace
  • Septic Type Unknown

Additional Features

  • Laundry Room
  • Shed
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5454035016

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,049
  • Maintenance Expense $933
  • Water Sewer Expense $1,766
  • New Taxes Expense $5,562
  • Operating Expense $9,659
  • Gross Income $26,640
  • Net Operating Income $16,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,944

Year Built

Built in 1921

Lot Details

0

Listing Details

  • CapRate: 4.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1766.00
  • Zoning: LARD3
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5454035016
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Levels: One
  • Price Per Square Foot: 292.43

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s), Two On A Lot
  • Fence: Yes
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Tandem Garage, Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Green Location: Transportation, Walkability

Lot Info

  • Lot Features: Front Yard, Level, Landscaped
  • Lot Size Sq Ft: 5421.00
  • Lot Size Acres: 0.1244

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 26640.00
  • Gross Multiplier: 16.82
  • Gross Operating Income: 26640.00
  • Insurance Expense: 1049.00
  • Lot Size Area: 5421.0000 Square Feet
  • Maintenance Expense: 933.00
  • Net Operating Income: 16980.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9659.00
  • Rent Control: Yes
  • Total Actual Rent: 2220.00
  • Total Expenses: 9659.00

Tax Info

  • New Taxes Expense: 5562.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2025
Sold by
Chapman Mark Kiyoshi and Chapman Christine Pohlmey
Bought by
Chapman Living Trust and Chapman
Current Estimated Value
$1,004,841

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 2, 2015
Sold by
Wun Young Dennis and Wun Young Leslie
Bought by
Pohlmeyer Chapman Mark Kiyoshi and Pohlmeyer Chapman Christine
Seller's Agent
Enrique Liza
COMPASS
List Price
$448,000
Sold Price
$449,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$336,750
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2010
Sold by
Lux Dot Llc
Bought by
Wun Young Dennis and Wun Young Leslie

Purchase Details

Closed on
Apr 19, 2010
Sold by
Garcia Octavio
Bought by
Lux Dot Llc

Purchase Details

Closed on
Dec 15, 2005
Sold by
Garcia Araceli
Bought by
Garcia Octavio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 21, 2005
Sold by
Romo Marina Andrea and Romo Teresa Marie
Bought by
Garcia Octavio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second
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
Chapman Living Trust -- None Listed On Document
Pohlmeyer Chapman Mark Kiyoshi $449,000 North American Title
Wun Young Dennis $312,500 None Available
Lux Dot Llc -- None Available
Garcia Octavio -- Commonwealth Land Title Co
Garcia Octavio $500,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Mark Kiyoshi $330,246
Previous Owner Pohlmeyer Chapman Mark Kiyoshi $336,750
Previous Owner Garcia Octavio $504,000
Previous Owner Garcia Octavio $94,500
Previous Owner Garcia Octavio $100,000
Previous Owner Garcia Octavio $400,000
Previous Owner Romo Marina Andrea $115,000
Previous Owner Romo Marina Andrea $15,000
Previous Owner Romo Marina Andrea $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2015 04/01/15 Sold $449,000 +0.2% $293 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $448,000 -- $292 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,944 $561,142 $396,606 $164,536
2024 $6,944 $550,140 $388,830 $161,310
2023 $6,811 $539,354 $381,206 $158,148
2022 $6,495 $528,780 $373,732 $155,048
2021 $6,411 $518,412 $366,404 $152,008
2020 $6,472 $513,097 $362,647 $150,450
2019 $6,220 $503,037 $355,537 $147,500
2018 $6,127 $493,174 $348,566 $144,608
2016 $5,848 $474,026 $335,032 $138,994
2015 $4,167 $333,124 $233,454 $99,670
2014 $4,191 $326,599 $228,881 $97,718
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Enrique Liza

    COMPASS

    Section Image

  • J

    Seller Co-Listing Agent in 2015

    June Waybright

    COMPASS

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-314033864

Pasadena-Foothills Association of REALTORS®

APN: 5454-035-016

California Los Angeles County Los Angeles 90065 Cypress Park

2635 Arvia St, Los Angeles, CA

This home is located at 2635 Arvia St, Los Angeles, CA 90065 since 12 January 2015 and is currently estimated at $1,004,841, approximately $655 per square foot. This property was built in 1921. 2635 Arvia St is a home located in Los Angeles County with nearby schools including Aragon Avenue Elementary, Florence Nightingale Middle, and Benjamin Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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