NOT LISTED FOR SALE

Estimated Value: $942,000 - $1,416,229

7 Beds
5 Baths
3,413 Sq Ft
$336/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2022

Last sale price $1,069,000 $313 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,467 / mo

72 Days on Market

Highlights

  • No HOA
  • Back Yard
  • 2-minute walk to Loren Miller Recreation Center
  • 1 Car Garage

About This Home

As of January 2022

Amazing Opportunity to own units in Mid City LA! The property is located in the DPS Patrol Zone within close proximity to USC, DTLA, transportation, and shopping. Two detached units with a garage, plenty of parking, and they are separately metered for gas and electric. The largest unit is a 5 bedroom/4 bathroom approximately 2,837 sq ft. 3bed/2bath downstairs and 2bed/2bath upstairs. The photos included in the listing were taken prior to leasing it to the current tenants. The lease was just renewed through 10/31/2022 for $3,700/mo. The small Unit is 2bed/1bath 576 sq ft with laundry hook-ups. The property is being sold with the tenant in place, buyer to verify all information. Make an offer today!

Last Agent to Sell the Property

Jessica Nieto

eXp Realty of California Inc License #01923684 Listed on: 09/18/2021

eXp Realty of California Inc

Co-Listed By

Brian Brooke

Mint Real Estate License #01385336

Last Buyer's Agent

Habashi Habashi

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #00932838

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,077 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 3,413 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 1 / 14
  • Tax Tract Number 1
  • Assessor Parcel Number 5053034029
  • $468 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $300
  • Operating Expense $1,300
  • Net Operating Income $28,860

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

7,077 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 300.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5053034029
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: One, Two
  • Price Per Square Foot: 313.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7077.00
  • Lot Size Acres: 0.1625

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7077.0000 Square Feet
  • Net Operating Income: 28860.00
  • 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: 15540.00
  • Rent Control: Yes
  • Total Expenses: 1300.00

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 2222.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 468.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2013
Sold by
Bought by
Current Estimated Value
$1,145,807

Purchase Details

Closed on
Apr 26, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 22, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Adams-Normandie, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$477,000 Fidelity National Title Co
$467,303 None Available
-- Accommodation
-- Chicago Title
-- Accommodation
-- Commonwealth Land Title
-- First American Title Co Los
$210,000 First Southwestern Title
$90,909 First Southwestern Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $150,000
Previous Owner $417,000
Previous Owner $335,000
Previous Owner $203,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $1,069,000 0.0% $313 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $1,069,000 -5.0% $313 / Sq Ft
09/18/2021 09/18/21 For Sale $1,125,000 -- $330 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,023 $1,134,430 $679,173 $455,257
2024 $13,843 $1,112,187 $665,856 $446,331
2023 $13,582 $1,090,380 $652,800 $437,580
2022 $9,041 $732,740 $437,457 $295,283
2021 $8,914 $718,374 $428,880 $289,494
2020 $9,001 $711,009 $424,483 $286,526
2019 $6,624 $524,180 $329,674 $194,506
2018 $6,511 $513,903 $323,210 $190,693
2016 $6,201 $493,949 $310,660 $183,289
2015 $6,113 $486,530 $305,994 $180,536
2014 $6,145 $477,000 $300,000 $177,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21206384

California Regional Multiple Listing Service (CRMLS)

APN: 5053-034-029

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