S
Seller's Agent in 2023
Stephen Eng
RE/MAX
265 E 45th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $784,000 - $865,061
5
Beds
3
Baths
2,051
Sq Ft
$402/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Paved or Partially Paved Lot
About This Home
As of April 2023Cash Flowing Triplex with Long-Term Tenants! Centrally located near Downtown Los Angeles in a desirable rental area of South Park, this three-unit
property offers investors a unique opportunity for a potentially huge upside in rental increases. Two VACANT Recently renovated two bedrooms 1 bath unit featured with new kitchen, new bathroom, new windows, new flooring and new paint. those two renovated units will be delivered vacant, The one bedroom unit to be delivered with tenant. All units feature tons of natural light, a neutral color scheme, a sizeable living room, and an eat-in kitchen with ample cabinetry and solid surface countertops. In addition to the 2-car carport parking, the double-wide driveway provides easy access, as well as parking options for guests. Other features: gated parking, separate gas meters, separate electric meters, storage throughout, only steps from grocery stores, fast food choices, restaurants, South Park Recreation Center, and gas stations, quick 10-minute drive from Downtown Los Angeles, close to shopping, I-110, schools, and entertainment, and so much more! Ideal for savvy investors looking to add cash flowing assets to their portfolio.
Last Agent to Sell the Property
Stephen Eng
Lux Living Estates License #01946974 Listed on: 09/20/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,019
Year Built
- Built in 1910
Lot Details
- 6,950 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
- Level Lot
- Flag Lot
Parking
- 2 Car Garage
Home Design
- 2,051 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 2285
- Assessor Parcel Number 5109011054
- $452 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $500
- Insurance Expense $2,000
- Water Sewer Expense $3,000
- New Taxes Expense $8,600
- Operating Expense $14,100
- Gross Income $68,940
- Net Operating Income $54,840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2022
Closed on
Mar 9, 2023
Sold by
Wu Ming Wei
Bought by
Fuentes Merlin Ernesto Gome and Velasquez Gumercinda Mendez
Seller's Agent
Stephen Eng
Lux Living Estates
Buyer's Agent
Janeth Bernal
RE/MAX College Park Realty
List Price
$720,000
Sold Price
$780,000
Premium/Discount to List
$60,000
8.33%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,265
Avg. Annual Appreciation
2.62%
Original Mortgage
$725,396
Interest Rate
6.73%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 26, 2014
Closed on
May 14, 2014
Sold by
Ho Yam Fai
Bought by
Yuen Yin Wa
Seller's Agent
Art Adorno
SoCal 5 Real Estate
Buyer's Agent
Yumei Sun
Loyal Property
List Price
$344,900
Sold Price
$345,000
Premium/Discount to List
$100
0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Purchase Details
Listed on
Apr 26, 2014
Closed on
May 6, 2014
Sold by
Lopez Irinea J
Bought by
Yuen Yin Wa
Seller's Agent
Art Adorno
SoCal 5 Real Estate
Buyer's Agent
Yumei Sun
Loyal Property
List Price
$344,900
Sold Price
$345,000
Premium/Discount to List
$100
0.03%
Purchase Details
Closed on
Feb 23, 2012
Sold by
Tovar Guillermo S
Bought by
Lopez Irinea J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
3.83%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 22, 2004
Sold by
Kang Doo S
Bought by
Tovar Guillermo S
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
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 19, 2004
Sold by
Detovar Plautila Margarita Adorno
Bought by
Tovar Guillermo S
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
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 22, 2002
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud
Purchase Details
Closed on
Oct 29, 2001
Sold by
Zepeda Heriberto and Zepeda Angela
Bought by
Wells Fargo Home Mtg Inc and Norwest Mtg Inc
Purchase Details
Closed on
May 25, 1998
Sold by
Billones Edwin
Bought by
Zepeda Herberto and Zepeda Angela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,770
Interest Rate
7.06%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 30, 1997
Sold by
Billones Charity
Bought by
Billones Edwin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,150
Interest Rate
7.91%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 16, 1997
Sold by
Ba Properties Inc
Bought by
Billones Edwin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,913
Interest Rate
7.98%
Purchase Details
Closed on
May 23, 1995
Sold by
Ornelas Jesus and Ornelas Maria
Bought by
Ba Properties Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fuentes Merlin Ernesto Gome | $780,000 | Wfg National Title | |
| Yuen Yin Wa | -- | Lawyers Title | |
| Yuen Yin Wa | $345,000 | Lawyers Title | |
| Lopez Irinea J | $200,000 | Pacific Coast Title Glendale | |
| Tovar Guillermo S | $391,000 | Ort | |
| Tovar Guillermo S | -- | Ort | |
| Hud | -- | Fidelity National Title Ins | |
| Wells Fargo Home Mtg Inc | $256,831 | -- | |
| Zepeda Herberto | $220,000 | -- | |
| Billones Edwin | -- | Old Republic Title Company | |
| Billones Edwin | $110,000 | Old Republic Title Company | |
| Ba Properties Inc | $105,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fuentes Merlin Ernesto Gome | $725,396 | |
| Previous Owner | Lopez Irinea J | $194,930 | |
| Previous Owner | Tovar Guillermo S | $83,921 | |
| Previous Owner | Tovar Guillermo S | $308,000 | |
| Previous Owner | Kang Doo S | $55,000 | |
| Previous Owner | Zepeda Herberto | $207,770 | |
| Previous Owner | Billones Edwin | $19,150 | |
| Previous Owner | Billones Edwin | $114,913 | |
| Closed | Tovar Guillermo S | $38,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2023 04/25/23 | Sold | $780,000 | -4.9% | $380 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 02/19/2023 02/19/23 | Price Changed | $820,000 | -3.5% | $400 / Sq Ft |
| 11/11/2022 11/11/22 | Price Changed | $850,000 | +13.3% | $414 / Sq Ft |
| 09/26/2022 09/26/22 | Price Changed | $750,000 | +4.2% | $366 / Sq Ft |
| 09/20/2022 09/20/22 | For Sale | $720,000 | +10.8% | $351 / Sq Ft |
| 06/21/2022 06/21/22 | Sold | $650,000 | 0.0% | $317 / Sq Ft |
| 04/04/2022 04/04/22 | Pending | -- | -- | -- |
| 03/09/2022 03/09/22 | For Sale | $650,000 | +88.4% | $317 / Sq Ft |
| 05/29/2014 05/29/14 | Sold | $345,000 | 0.0% | $168 / Sq Ft |
| 05/01/2014 05/01/14 | Pending | -- | -- | -- |
| 04/03/2014 04/03/14 | For Sale | $344,900 | +21.0% | $168 / Sq Ft |
| 10/05/2012 10/05/12 | Sold | $285,000 | +3.6% | $139 / Sq Ft |
| 09/10/2012 09/10/12 | Pending | -- | -- | -- |
| 08/30/2012 08/30/12 | For Sale | $275,000 | -- | $134 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,019 | $811,512 | $624,240 | $187,272 |
| 2024 | $10,019 | $795,600 | $612,000 | $183,600 |
| 2023 | $8,426 | $663,000 | $459,000 | $204,000 |
| 2022 | $5,113 | $398,522 | $231,027 | $167,495 |
| 2021 | $5,044 | $390,709 | $226,498 | $164,211 |
| 2020 | $5,090 | $386,704 | $224,176 | $162,528 |
| 2019 | $4,901 | $379,123 | $219,781 | $159,342 |
| 2018 | $4,764 | $371,690 | $215,472 | $156,218 |
| 2016 | $4,542 | $357,258 | $207,106 | $150,152 |
| 2015 | $4,478 | $351,893 | $203,996 | $147,897 |
| 2014 | $4,054 | $307,490 | $160,354 | $147,136 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Janeth Bernal
RE/MAX
(909) 376-1224
1 in this area
14 Total Sales
-
Buyer Co-Listing Agent in 2023
Graciela Farnsworth
RE/MAX
(626) 484-4113
1 in this area
10 Total Sales
-
A
Seller's Agent in 2014
Art Adorno
SoCal 5 Real Estate
(323) 854-1698
7 Total Sales
-
Y
Buyer's Agent in 2014
Yumei Sun
Loyal Property
-
R
Seller's Agent in 2012
Rick Benavides
New Century Brokers
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS22205325
APN: 5109-011-054
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.
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
Nearby Homes
- 415 E Vernon Ave
- 4434 Crocker St
- 401 E 46th St
- 4614 Wall St
- 405 E 43rd Place
- 4618 Wall St
- 4415 Mettler St Unit 4413
- 142 E Vernon Ave
- 159 E 47th St
- 4442 Mettler St
- 4245 Wall St
- 4441 Avalon Blvd
- 4334 S Main St
- 317 E 42nd Place
- 4301 Woodlawn Ave
- 4355 Avalon Blvd
- 194 E 47th Place
- 125 W Vernon Ave
- 4714 S Main St
- 4216 Woodlawn Ave
- 271 E 45th St
- 257 E 45th St
- 277 E 45th St
- 249 E 45th St
- 238 E Vernon Ave
- 238 E Vernon Ave Unit 303
- 234 E Vernon Ave
- 285 E 45th St
- 243 E 45th St
- 250 E Vernon Ave
- 228 E Vernon Ave
- 4415 S San Pedro St
- 291 E 45th St
- 237 E 45th St
- 224 E Vernon Ave
- 262 E 45th St
- 258 E 45th St
- 270 E 45th St
- 252 E 45th St
- 276 E 45th St Unit 2