NOT LISTED FOR SALE

2649 S La Salle Ave Los Angeles, CA 90018

Adams-Normandie Neighborhood

Estimated Value: $803,183 - $1,465,000

5 Beds
4 Baths
3,302 Sq Ft
$331/Sq Ft Est. Value

Last Sold January 25, 2013

Last sale price $325,000 $98 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $6,396/month

58 Days on Market

Highlights

  • Craftsman Architecture
  • Floor Furnace
  • 3-minute walk to Loren Miller Recreation Center
  • Laundry Room

About This Home

As of January 2013

Very nice craftsman style unit with long term tenants. 2 units are section 8, 1 is a lease. Property already receiving great rental income.

Last Agent to Sell the Property

Melvin Burrell

eXp Realty of California Inc License #00963914 Listed on: 08/08/2012

eXp Realty of California Inc

Last Buyer's Agent

Melvin Burrell

eXp Realty of California Inc License #00963914 Listed on: 08/08/2012

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1923

Lot Details

  • 7,492

Home Design

  • 3,302 Sq Ft Home
  • Craftsman Architecture
  • Frame Construction
  • Shingle Siding
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available
  • Shared Driveway

Utilities

  • Floor Furnace
  • Wall Furnace

Additional Features

  • Laundry Room
  • 7,492 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for gas
  • Legal Lot and Block 23 / 3
  • Assessor Parcel Number 5053019022

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,063
  • Gross Income $2,900
  • Net Operating Income $2,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Other Phone Description: Michawn Lucas
  • Other Phone Number: 213 247-5074
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 5053019022
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 98.43

Exterior Features

  • Construction Materials: Frame, Shingle Siding, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Inside

Lot Info

  • Lot Size Sq Ft: 7492.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 2900.00
  • Gross Scheduled Income: 2900.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7492.0000 Square Feet
  • Net Operating Income: 2900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 460.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4063.00
  • Tax Block: 3
  • Tax Lot: 23
  • Tax Tract Number: Charl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2012
Closed on
Dec 10, 2012
Sold by
Jones Sedalia
Bought by
Ramirez Maria
Seller's Agent
Melvin Burrell
eXp Realty of California Inc
Buyer's Agent
Melvin Burrell
eXp Realty of California Inc
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$1,093,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,796
Avg. Annual Appreciation
10.00%
Original Mortgage
$319,113
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1978
Sold by
Freeman Sedelia
Bought by
Jones Sedalia
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
Ramirez Maria $325,000 Title 365
Jones Sedalia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Maria $385,300
Closed Ramirez Maria $400,000
Closed Ramirez Maria $319,113
Previous Owner Jones Sedalia $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2013 01/25/13 Sold $325,000 0.0% $98 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $325,000 -- $98 / 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 $5,236 $400,203 $277,065 $123,138
2024 $5,236 $392,357 $271,633 $120,724
2023 $5,146 $384,664 $266,307 $118,357
2022 $4,925 $377,123 $261,086 $116,037
2021 $4,846 $369,729 $255,967 $113,762
2020 $4,889 $365,939 $253,343 $112,596
2019 $4,711 $358,765 $248,376 $110,389
2018 $4,604 $351,731 $243,506 $108,225
2016 $4,378 $338,074 $234,051 $104,023
2015 $4,318 $332,997 $230,536 $102,461
2014 $4,353 $326,475 $226,021 $100,454
Source: Public Records

Agents Affiliated with this Home

  • Melvin Burrell

    Seller's Agent in 2013

    Melvin Burrell

    eXp Realty of California Inc

    (310) 266-1800

    18 Total Sales

    Melvin Burrell
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12099772

California Regional Multiple Listing Service (CRMLS)

APN: 5053-019-022

California Los Angeles County Los Angeles 90018 Adams-Normandie

2649 S La Salle Ave, Los Angeles, CA

This home is located at 2649 S La Salle Ave, Los Angeles, CA 90018 since 08 August 2012 and is currently estimated at $1,093,796, approximately $331 per square foot. This property was built in 1923. 2649 S La Salle Ave is a home located in Los Angeles County with nearby schools including Twenty-Fourth Street Elementary School, Birdielee V. Bright Elementary School, and Johnnie L. Cochran Jr. Middle 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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