NOT LISTED FOR SALE

Estimated Value: $832,000 - $1,097,000

6 Beds
3 Baths
2,503 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 14, 2014

Last sale price $475,000 $190 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,515/month

12 Days on Market

Highlights

  • Spanish Architecture
  • Living Room
  • Tile Flooring
  • James A. Garfield Senior High School Rated A
  • Laundry Room
  • 3-minute walk to Wabash Recreation Center

About This Home

As of July 2014

Calling all potential investors!! Fantastic opportunity available in a completely remodeled triplex, ready for move-in in East Los Angeles! This amazing property has a total of 6 bedrooms with 3 bathrooms and an office/bonus room. The front house 2 units are identical side by side units with 2 beds, 1 bath and an oversized remodeled kitchen. The back unit is also a 2 bedroom but includes a small office/bonus room. Also with an upgraded kitchen and granite countertops. Each bedroom has lush new carpeting and brand new ceiling fans! Don’t miss this opportunity to own a rare triplex in a highly desirable are of East Los Angeles! You won’t find another property like this in the area! Located dear Wabash Rec Center, Sheridan St Elementary, City Terrace and easy access to the 10 freeway. Priced just right so submit your offer today!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 07/02/2014

Last Buyer's Agent

Tracy Fink

The ONE Luxury Properties License #01440003

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,172

Year Built

  • Built in 1924

Lot Details

  • 5,853 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Spanish Architecture
  • Property Attached
  • Flat Roof Shape
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,503 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 5177018011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,600
  • Net Operating Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,172

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5177018011
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 189.77
  • Room Type: Living Room

Exterior Features

  • Fencing: Block, Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Clay, Flat
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 5853.00
  • Lot Size Acres: 0.1340

Multi Family

  • Gross Income: 4600.00
  • Gross Scheduled Income: 55200.00
  • Lot Size Area: 5853.0000 Square Feet
  • Net Operating Income: 55200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 11
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
May 22, 2014
Sold by
Martingale Investments Llc
Bought by
Shadco Llc
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Tracy Fink
The ONE Luxury Properties
List Price
$449,900
Sold Price
$475,000
Premium/Discount to List
$25,100
5.58%
Current Estimated Value
$931,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,131
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Nov 27, 2013
Sold by
Herrera Jose and Herrera Regina
Bought by
Martingale Investments Llc

Purchase Details

Closed on
Dec 29, 2005
Sold by
Herrera Jose and Herrera Regina
Bought by
Herrera Jose and Herrera Regina

Purchase Details

Closed on
May 6, 2003
Sold by
Meritt Helen S and Becerra Rose M
Bought by
Herrera Jose and Camacho Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,250
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shadco Llc $475,000 Usa National Title Co
Martingale Investments Llc $293,876 None Available
Herrera Jose -- New Century Title
Herrera Jose $245,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Jose $208,250
Closed Herrera Jose $36,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2014 07/14/14 Sold $475,000 +5.6% $190 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $449,900 -- $180 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,172 $570,869 $330,502 $240,367
2024 $7,172 $559,676 $324,022 $235,654
2023 $7,039 $548,703 $317,669 $231,034
2022 $6,720 $537,945 $311,441 $226,504
2021 $6,630 $527,398 $305,335 $222,063
2020 $6,692 $521,992 $302,205 $219,787
2019 $6,437 $511,758 $296,280 $215,478
2018 $6,327 $501,724 $290,471 $211,253
2016 $6,032 $482,243 $279,193 $203,050
2015 $5,947 $475,000 $275,000 $200,000
2014 $3,891 $294,000 $160,000 $134,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14085494

California Regional Multiple Listing Service (CRMLS)

APN: 5177-018-011