NOT LISTED FOR SALE

Los Angeles, CA 90065

Glassell Park Neighborhood

Estimated Value: $951,000 - $1,145,000

2 Beds
3 Baths
1,572 Sq Ft
$653/Sq Ft Est. Value

Last Sold August 02, 2013

Last sale price $480,000 $305 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,153/month

127 Days on Market

About This Home

As of August 2013

Adorable triplex in up and coming Glassell Park! Two of the three units are vacant. Excellent opportunity for first-time buyer/owner occupant - live in one and rent the other two. Great way to enter this hot real estate market! Front duplex has charm and curb appeal with arched entries and red tile roof. Each compact unit consists of 1 bedroom, full bath, kitchen and living room. Behind the duplex there is a separate studio which has been freshly painted and improved. Move-in ready. On-site laundry, flat back yard, 2-car garage with extra storage in back.

Last Agent to Sell the Property

Judith Bernal

Coldwell Banker Realty License #01090425 Listed on: 03/23/2013

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,226

Year Built

  • Built in 1924

Lot Details

  • 5,979

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Stucco

Additional Features

  • 5,979 Sq Ft Lot
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5457016035

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $4,800
  • Net Operating Income $6,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,226

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5457016035
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Appliances: Gas Water Heater

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5979.00
  • Lot Size Acres: 0.1373

Multi Family

  • Gross Scheduled Income: 905.00
  • Lot Size Area: 5979.0000 Square Feet
  • Net Operating Income: 6060.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 400.00
  • Rent Control: Yes
  • Total Expenses: 4800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2013
Closed on
Jul 12, 2013
Sold by
Gay John M and Gay Dean M
Bought by
Pagliassotto Bryan
Seller's Agent
Judith Bernal
Coldwell Banker Realty
List Price
$449,000
Sold Price
$480,000
Premium/Discount to List
$31,000
6.9%
Current Estimated Value
$1,018,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,639
Avg. Annual Appreciation
6.51%
Original Mortgage
$384,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 1994
Sold by
Gay Joseph L and Gay Anita E
Bought by
Gay Joseph L and Gay Anita E
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
Pagliassotto Bryan $480,000 Equity Los Angeles
Gay Joseph L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagliassotto Bryan $510,000
Closed Pagliassotto Bryan $367,500
Closed Pagliassotto Bryan $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2013 08/02/13 Sold $480,000 +6.9% $305 / Sq Ft
07/28/2013 07/28/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $449,000 -- $286 / 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 $7,226 $588,402 $355,494 $232,908
2024 $7,226 $576,866 $348,524 $228,342
2023 $7,089 $565,556 $341,691 $223,865
2022 $6,762 $554,468 $334,992 $219,476
2021 $6,676 $543,597 $328,424 $215,173
2020 $6,742 $538,024 $325,057 $212,967
2019 $6,479 $527,476 $318,684 $208,792
2018 $6,412 $517,135 $312,436 $204,699
2016 $6,124 $497,055 $300,304 $196,751
2015 $6,036 $489,590 $295,794 $193,796
2014 $6,073 $480,000 $290,000 $190,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Judith Bernal

    Coldwell Banker Realty

    (626) 222-0186

    57 Total Sales

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22173803

Pasadena-Foothills Association of REALTORS®

APN: 5457-016-035

California Los Angeles County Los Angeles 90065

Glassell Park

This home since 23 March 2013 and is currently estimated at $1,026,506, approximately $652 per square foot. This property was built in 1924. This home is a home located in Los Angeles County with nearby schools including Fletcher Drive Elementary School, Irving STEAM Magnet School, and Eagle Rock 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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