NOT LISTED FOR SALE

2711 Cimarron St Los Angeles, CA 90018

Jefferson Park Neighborhood

Estimated Value: $863,000 - $1,460,000

4 Beds
4 Baths
3,238 Sq Ft
$369/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $580,000 $179 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $7,071/month

117 Days on Market

About This Home

As of July 2014

JEFFERSON PARK AREA, 4-1 BDRM 1 BATH EACH IN 2 SEPERATE BUILDINGS, WOODEN FLOORING INSTALLED 1 YEAR AGO, ALL UNITS ARE OCCUPIED, SEWER LINE UPDATED 2 YEARS AGO, CHAIN LINK FENCE, CORNER LOT, THIS IS NOT A REO OR SHORT SALE, CLOSE PROXIMITY TO MAJOR TRANSPORTATION SYSTEM, GOOD CONDITION, MAKE OFFER SUBJECT TO INTERIOR INSPECTION, SUBMIT C.A.R. 10 PG CONTRACT, COPY OF EM DEPOSIT, PROOF OF FUND, DU/APPROVAL LETTER, DO NOT DISTURB OCCUPANTS, SELLER PASS MINERAL RIGHT TO NEW OWNER SEE PRIVATE REMARK FOR SHOWING INSTRUCTION & INSTRUCTION FOR SUBMITTING OFFERS, SUBJECT IS LOCATED IN JEFFERSON PARK HISTORIC PRESERVATION ZONE

Last Agent to Sell the Property

Wiley Sturns

First Security Investment Co. License #00451370 Listed on: 01/08/2014

Co-Listed By

Evelyn Reeves

First Security Investment Co. License #00260622

Last Buyer's Agent

Gina Davis

Century 21 Beverlywood Realty License #00876656

Century 21 Beverlywood Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,798

Year Built

  • Built in 1924

Lot Details

  • 6,730

Parking

  • 4 Parking Spaces

Home Design

  • 3,238 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,730 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5052-018-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,798

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3238
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 185.30

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 4

Utilities

  • Heating: Floor Furnace
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 115014
  • Assessed Land Value: 135313
  • Assessor Parcel Number: 5052-018-001
  • Geocode Override: No
  • Lot Size Area: 6730

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.75
  • Number Of Units: 4
  • Total Annual Expense: 7087
  • Type Of Units: 4 plex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 3487.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2014
Sold by
Smith Linda Saechong and Smith David
Bought by
Stewart Edward O and Stewart Ann V
Current Estimated Value
$1,195,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2011
Sold by
Smith Sun Nam
Bought by
Smith David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2010
Sold by
Smith David Edward
Bought by
Smith Linda Saechong and Smith David

Purchase Details

Closed on
May 26, 1994
Sold by
Wade Kathy C
Bought by
Smith David Edward

Purchase Details

Closed on
May 5, 1994
Sold by
Consolidated Reconveyance Company
Bought by
Wade Kathy C

Purchase Details

Closed on
Nov 22, 1993
Sold by
Consolidated Reconveyance Company
Bought by
Wade Kathy C and The Charles L Wade & Kathy C W
Source: Public Records

Range of Values:

Collateral Analytics

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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
Stewart Edward O $580,000 Fidelity National Title Co
Smith David -- None Available
Smith Linda Saechong -- None Available
Smith David Edward -- --
Wade Kathy C $64,804 Chicago Title Company
Wade Kathy C $65,511 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Edward O $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2014 07/18/14 Sold $580,000 +5.5% $179 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $550,000 -- $170 / 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 $8,798 $697,060 $486,742 $210,318
2024 $8,798 $683,394 $477,199 $206,195
2023 $8,639 $669,995 $467,843 $202,152
2022 $8,256 $656,859 $458,670 $198,189
2021 $8,141 $643,980 $449,677 $194,303
2019 $7,907 $624,882 $436,341 $188,541
2018 $7,756 $612,631 $427,786 $184,845
2016 $7,399 $588,844 $411,176 $177,668
2015 $7,294 $580,000 $405,000 $175,000
2014 $3,539 $256,491 $138,645 $117,846
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    Wiley Sturns

    First Security Investment Co.

    Section Image
  • Evelyn Reeves

    Seller Co-Listing Agent in 2014

    Evelyn Reeves

    First Security Investment Co.

    (323) 428-4222

    2 Total Sales

    Evelyn Reeves
    Section Image

  • G

    Buyer's Agent in 2014

    Gina Davis

    Century 21 Beverlywood Realty

    Section Image
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Map

Source: The MLS

MLS Number: 14-728565

The MLS

APN: 5052-018-001

California Los Angeles County Los Angeles 90018 Jefferson Park

2711 Cimarron St, Los Angeles, CA

This home is located at 2711 Cimarron St, Los Angeles, CA 90018 since 08 January 2014 and is currently estimated at $1,195,444, approximately $369 per square foot. This property was built in 1924. 2711 Cimarron St 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.

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