NOT LISTED FOR SALE

Estimated Value: $904,000 - $1,447,000

4 Beds
4 Baths
2,000 Sq Ft
$618/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $888,000 $444 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,752/month

17 Days on Market

Highlights

  • Midcentury Modern Architecture
  • John Marshall Senior High Rated A
  • 1-Story Property

About This Home

As of July 2018

Fantastic 4-Plex Investment opportunity in the quickly developing area of Elysian Valley. 3 VACANT UNITS! Set your own rents and pick your own tenants. Two of the units have been recently remodeled and should command strong rents. Only one long term tenant in the building. Huge off street parking lot in rear of property, currently being used as storage but driveway access available. Frog Town is blowing up with new development and sky high rents. Perfect starter investment just minutes away to Echo Park, Silver Lake and Atwater Village. Separately metered for Gas/Electric. Owner pays Water/Trash. Please DO NOT disturb occupants and DO NOT walk the property. Please inquire for more information and access.

Last Agent to Sell the Property

Henry Plascencia

Compass License #01250465 Listed on: 06/11/2018

Compass

Last Buyer's Agent

Mary Joanne Panucci

The Collective Realty License #02017511

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,313

Year Built

  • Built in 1961

Lot Details

  • 5,462

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking

Additional Features

  • 5,462 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5442-011-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,313

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2000
  • Stories: 1
  • Year Built: 1961
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 449.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Uncovered
  • Total Parking: 4

Utilities

  • Heating: Wall

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Value: 220000
  • Assessed Land Value: 500000
  • Assessor Parcel Number: 5442-011-006
  • Geocode Override: No
  • Lot Size Area: 5462

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.50
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: residential
  • Vacancy Rate: 75

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2022
Sold by
Thomas Ying
Bought by
Cky Properties Llc
Current Estimated Value
$1,236,786

Purchase Details

Closed on
Oct 22, 2019
Sold by
Cky Properties Llc
Bought by
Ying Thomas

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jul 23, 2018
Sold by
Ying Thomas
Bought by
Cky Properties Llc
Seller's Agent
Henry Plascencia
Compass
Buyer's Agent
Mary Joanne Panucci
The Collective Realty
List Price
$898,000
Sold Price
$888,000
Premium/Discount to List
-$10,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$666,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jun 27, 2018
Sold by
Colony Investments Inc
Bought by
Ying Thomas
Seller's Agent
Henry Plascencia
Compass
Buyer's Agent
Mary Joanne Panucci
The Collective Realty
List Price
$898,000
Sold Price
$888,000
Premium/Discount to List
-$10,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2016
Sold by
The Luis A Gutierrez Revocable Living Tr
Bought by
Colony Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2015
Sold by
Gutierrez Luis A
Bought by
The Luis A Gutierrez Revocable Living Tr

Purchase Details

Closed on
Sep 13, 1999
Sold by
Gutierrez Juan A
Bought by
Gutierrez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.86%
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
Cky Properties Llc -- --
Ying Thomas -- None Available
Cky Properties Llc -- Old Republic Title Company
Ying Thomas -- Old Republic Title Company
Ying Thomas $898,000 Old Republic Title Company
Colony Investments Inc $630,000 Old Republic Title Company
The Luis A Gutierrez Revocable Living Tr -- None Available
Gutierrez Luis -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ying Thomas $622,200
Previous Owner Ying Thomas $630,000
Previous Owner Ying Thomas $666,000
Previous Owner Colony Investments Inc $535,500
Previous Owner Gutierrez Luis $10,000
Previous Owner Gutierrez Luis $330,000
Previous Owner Gutierrez Luis $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $888,000 -1.1% $444 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $898,000 -- $449 / 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 $12,313 $1,001,730 $557,756 $443,974
2024 $12,313 $982,089 $546,820 $435,269
2023 $12,074 $962,834 $536,099 $426,735
2022 $11,512 $943,956 $525,588 $418,368
2021 $11,366 $925,448 $515,283 $410,165
2020 $11,477 $916,300 $510,000 $406,300
2019 $11,026 $898,340 $500,000 $398,340
2018 $10,161 $755,140 $528,360 $226,780
2017 $8,976 $720,000 $500,000 $220,000
2016 $2,860 $217,223 $121,460 $95,763
2015 $2,821 $213,961 $119,636 $94,325
2014 -- $209,771 $117,293 $92,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-353868

The MLS

APN: 5442-011-006