NOT LISTED FOR SALE

2803 S Norton Ave Los Angeles, CA 90018

Jefferson Park Neighborhood

Estimated Value: $1,358,000 - $1,938,000

10 Beds
4 Baths
5,394 Sq Ft
$321/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $1,160,000 $215 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $10,453/month

54 Days on Market

About This Home

As of December 2016

Amazing FOUR UNIT property! Located east of Crenshaw Blvd and south of Adams Blvd. WITH A TOTAL OF 5,394 Sqft of LIVING SPACE ALONE!! Each unit has a one car garage. Two units will be delivered ***VACANT***. This is a great investment!

Last Agent to Sell the Property

Tomas Briseno

Century 21 A Better Service License #01940380 Listed on: 09/11/2016

Century 21 A Better Service

Last Buyer's Agent

Bana Haffar Mendoza

Adaptive Realty, Inc. License #01924472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,532

Year Built

  • Built in 1931

Lot Details

  • 6,623 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • 5,394 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 4981
  • Assessor Parcel Number 5051009013

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,532

Year Built

Built in 1931

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5051009013
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 215.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6623.00
  • Price Per Lot Square Foot: 173.49

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 4981

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2016
Closed on
Nov 8, 2016
Sold by
Granados Martin
Bought by
Wakslak Menachem and Wakslak Cheryl J
Seller's Agent
Tomas Briseno
Century 21 A Better Service
Buyer's Agent
Bana Haffar Mendoza
Adaptive Realty, Inc.
List Price
$1,149,000
Sold Price
$1,160,000
Premium/Discount to List
$11,000
0.96%
Current Estimated Value
$1,730,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,287
Avg. Annual Appreciation
4.62%
Original Mortgage
$870,000
Outstanding Balance
$701,744
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,028,543

Purchase Details

Closed on
Oct 4, 2004
Sold by
Dabbs Charles W and Dabbs Norma J
Bought by
Granados Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
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
Wakslak Menachem $1,160,000 None Available
Granados Martin $600,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wakslak Menachem $870,000
Previous Owner Granados Martin $480,000
Closed Granados Martin $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2016 12/23/16 Sold $1,160,000 +1.0% $215 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
09/11/2016 09/11/16 For Sale $1,149,000 -- $213 / 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 $16,532 $1,346,273 $812,407 $533,866
2024 $16,532 $1,319,877 $796,478 $523,399
2023 $16,221 $1,293,998 $780,861 $513,137
2022 $15,482 $1,268,626 $765,550 $503,076
2021 $15,269 $1,243,752 $750,540 $493,212
2019 $14,818 $1,206,864 $728,280 $478,584
2018 $14,702 $1,183,200 $714,000 $469,200
2016 $8,723 $706,487 $470,994 $235,493
2015 $8,598 $695,876 $463,920 $231,956
2014 $6,730 $525,000 $400,000 $125,000
Source: Public Records

Agents Affiliated with this Home

  • Tomas Briseno

    Seller's Agent in 2016

    Tomas Briseno

    Century 21 A Better Service

    (562) 806-1000

    13 Total Sales

    Tomas Briseno
    Section Image

  • B

    Buyer's Agent in 2016

    Bana Haffar Mendoza

    Adaptive Realty, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16200346

California Regional Multiple Listing Service (CRMLS)

APN: 5051-009-013

California Los Angeles County Los Angeles 90018 Jefferson Park

2803 S Norton Ave, Los Angeles, CA

This home is located at 2803 S Norton Ave, Los Angeles, CA 90018 since 11 September 2016 and is currently estimated at $1,730,287, approximately $320 per square foot. This property was built in 1931. 2803 S Norton Ave is a home located in Los Angeles County with nearby schools including Sixth Avenue Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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