NOT LISTED FOR SALE

Estimated Value: $949,000 - $1,214,000

4 Beds
3 Baths
2,122 Sq Ft
$486/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $860,000 $405 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,386/month

15 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Bathroom
  • Wood Flooring
  • James A. Garfield Senior High School Rated A
  • Property is near a park
  • Ground Level Unit

About This Home

As of June 2021

Great opportunity to own 3 units on a lot with the main house delivered vacant. Perfect chance to live in main house and collect rents from tenant or rent main house at the market rate rent. The current tenants are paying $1,345 & $1,400, respectively, with 3% annual increase due very soon. All the homes have updated plumbing & electrical with their own washer and drying hook-ups and on-site parking for all the units. The main house has newer kitchens with beautiful cabinetry, hardwood flooring, quartz counters tops, amazing center island, beautiful faucets & recess lighting throughout the entire home. modern bathroom with tile throughout and double sink and much more. New windows, & custom interior paint, new exterior doors & hardware, and freshly painted. There has also been significant work made to the landscaping of the property with fruit trees, mature privacy hedges in the front and side of the property, and other landscaping improvements around the lot. With the purchase, you will also receive 85% complete permitting process to build an ADU (Accessory Dwelling Unit) above the main house. Please click on link to get 3D tour of units. This property is priced to sell!

Last Agent to Sell the Property

Carlos Vasquez

VCA Realty & Property Services License #01720546 Listed on: 04/05/2021

Last Buyer's Agent

Del Lile

License #01891039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,265

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 5,844 Sq Ft Lot
  • South Facing Home
  • Fenced Yard
  • Landscaped
  • Front Yard
  • Property is zoned LARD1.5

Home Design

  • Turnkey
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,122 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Dining Room with Fireplace
  • Bonus Room with Fireplace
  • Wood Flooring

Kitchen

  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway
  • Assigned Parking

Location

  • Ground Level Unit
  • Property is near a park
  • Property is near public transit
  • City Lot

Utilities

  • Air Conditioning
  • Central Heating
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Front Porch
  • Accessory Dwelling Unit (ADU)

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 5178-010-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,265

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Advertising Remarks: Great opportunity to own 3 houses on a lot with the main house delivered vacant. Perfect chance to live in main house and collect rents from tenant or rent main house at the market rate rent. The current tenants are paying $1,345 & $1,400, respectively, with 3% annual increase due very soon. All the homes have updated plumbing & electrical with their own washer and drying hook-ups and on-site parking for all the units. The main house has newer kitchens with beautiful cabinetry, hardwood flooring, quartz counters tops, amazing center island, beautiful faucets & recess lighting throughout the entire home. modern bathroom with tile throughout and double sink and much more. New windows, & custom interior paint, new exterior doors & hardware, and freshly painted. There has also been significant work made to the landscaping of the property with fruit trees, mature privacy hedges.
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2122
  • Lot Acreage: 0.1342
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floor Plan, Turnkey
  • Fireplace Rooms: Bath, Bonus Room, Dining, Gas, Kitchen
  • Flooring: Wood
  • Appliances: Gas
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Remodeled
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Gas Dryer Hookup, Cable, Dishwasher
  • Price Per S Q F T: 374.65

Exterior Features

  • Direction Faces: South
  • Construction: Frame, Wood Siding
  • Other Structures: Accessory Dwelling Unit
  • Tennis Court Y/N: No
  • Patio: Porch - Front
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Driveway, Assigned
  • Total Parking: 6

Utilities

  • TV Svcs: TV Satellite Dish - Leased
  • Water District: LADWP
  • Water Heater: Gas
  • Cooling: Air Conditioning
  • Heating: Central, Wall Gas
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 31.03
  • Assessed Improvement Value: 146128
  • Assessed Land Percent: 68.97
  • Assessed Land Value: 324729
  • Total Assessed Value: 470857
  • Assessor Parcel Number: 5178-010-026
  • Lot Description: Fenced, Fenced Yard, Front Yard, Landscaped, Sidewalks, Street Asphalt, Street Lighting, Street Paved, 2-4 Lots, Curbs
  • Lot Location: City, Near Public Transit, Park Nearby
  • Lot Size Area: 5844

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 336
  • Type Of Units: SFR
  • Vacancy Rate: 33%

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 2, 2021
Sold by
Muraida Laura Cristina
Bought by
Peinado Alejandro
Seller's Agent
Carlos Vasquez
VCA Realty & Property Services
Buyer's Agent
Del Lile
List Price
$795,000
Sold Price
$860,000
Premium/Discount to List
$65,000
8.18%
Current Estimated Value
$1,030,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,413
Avg. Annual Appreciation
4.21%
Original Mortgage
$700,040
Outstanding Balance
$633,799
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$396,614

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 6, 2021
Sold by
Muraida Laura Cristina
Bought by
Peinado Alejandro
Seller's Agent
Carlos Vasquez
VCA Realty & Property Services
Buyer's Agent
Del Lile
List Price
$795,000
Sold Price
$860,000
Premium/Discount to List
$65,000
8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,040
Outstanding Balance
$633,799
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$396,614

Purchase Details

Closed on
Jun 5, 2015
Sold by
Vaca Dionisio and Vaca Maria
Bought by
Muraida Laura Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,121
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 1999
Sold by
Larios Adolfo and Larios Cecilia
Bought by
Vaca Dionisio and Vaca Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,127
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1998
Sold by
Home Svgs Of America Fsb
Bought by
Larios Adolfo and Larios Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.17%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Lopez Rosalinda and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
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
Peinado Alejandro $860,000 Fidelity National Title
Peinado Alejandro $860,000 Fidelity National Title Co
Muraida Laura Cristina $435,000 Old Republic Title Company
Vaca Dionisio $229,000 American Title Co
Larios Adolfo $125,000 Investors Title Company
Home Svgs Of America Fsb $106,896 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peinado Alejandro $700,040
Closed Peinado Alejandro $700,040
Previous Owner Muraida Laura Cristina $427,121
Previous Owner Vaca Dionisio $227,127
Previous Owner Larios Adolfo $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2021 06/04/21 Sold $860,000 +8.2% $405 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $795,000 +82.8% $375 / Sq Ft
08/13/2015 08/13/15 Sold $435,000 0.0% $205 / Sq Ft View Prior Sale
05/31/2015 05/31/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $435,000 -- $205 / 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 $11,265 $930,890 $654,870 $276,020
2024 $11,265 $912,638 $642,030 $270,608
2023 $11,048 $894,744 $629,442 $265,302
2022 $10,618 $877,200 $617,100 $260,100
2021 $5,968 $475,734 $328,093 $147,641
2020 $6,025 $470,857 $324,729 $146,128
2019 $5,795 $461,625 $318,362 $143,263
2018 $5,717 $452,574 $312,120 $140,454
2016 $5,453 $435,000 $300,000 $135,000
2015 $3,759 $292,843 $161,128 $131,715
2014 $3,790 $287,107 $157,972 $129,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-715132

The MLS

APN: 5178-010-026