NOT LISTED FOR SALE

Estimated Value: $854,000 - $1,204,000

12 Beds
8 Baths
3,326 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $1,000,000 $301 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,855/month

142 Days on Market

About This Home

As of August 2022

We are pleased to present an opportunity to acquire a 3-Unit building that is situated on a 2,768 square foot lot located in the city of Los Angeles. The subject property is located at 2820 W Slauson Avenue, Los Angeles , CA 90043. The subject property is composed of (4) 3 bedroom and 2 bath units, and one of those units is Non Conforming. Each 3 bedroom unit is approximately 831 square feet. Each unit is separately metered for gas and electricity. The plumbing has been updated to copper piping. Newer dual pane windows. There is a detached structure in the rear of the property that is currently used as storage. One storage space allocated per unit. See attached Offering Memorandum in Documents section.

Last Agent to Sell the Property

Jack Mccann

Lyon Stahl Investment Real Estate, Inc. License #01963932 Listed on: 02/21/2022

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Carmen Sanchez Serrano

Marcus & Millichap License #02073116

Last Buyer's Agent

Boris Almengor

Lyon Stahl Investment Real Est License #02092597

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,845

Year Built

  • Built in 1960

Lot Details

  • 2,768 Sq Ft Lot
  • North Facing Home
  • Gated Home

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,326 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units
  • Vacancy Allowance $2,880

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 4005-014-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,845

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level - no steps
  • Living Area: 3326
  • Lot Acreage: 0.0635
  • Price Per Unit: 366667.00
  • Probate: No
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Common Walls: Attached
  • Total Bathrooms: 8.00
  • Equipment: Range/Oven, Refrigerator, Microwave
  • Price Per S Q F T: 309.68

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: No

Utilities

  • Heating: Wall
  • Security: Gated
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.16
  • Assessed Improvement Value: 200960
  • Assessed Land Percent: 74.84
  • Assessed Land Value: 597728
  • Total Assessed Value: 798688
  • Assessor Parcel Number: 4005-014-002
  • Lot Size Area: 2768

Rental Info

  • Total Actual Rent: 96000.00
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.20
  • Number Of Units: 3
  • Total Annual Expense: 25352
  • Type Of Units: Income
  • Vacancy Allow: 2880
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Lozano Patricia Castillo
Bought by
Patricia Castillo Lozano Revocable Living Tru
Current Estimated Value
$1,061,718

Purchase Details

Listed on
Feb 21, 2022
Closed on
Aug 5, 2022
Sold by
Botello Solis Carlos Alberto
Bought by
Lozano Patricia Castillo
Seller's Agent
Jack Mccann
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Boris Almengor
Lyon Stahl Investment Real Est
List Price
$1,075,000
Sold Price
$1,000,000
Premium/Discount to List
-$75,000
-6.98%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%
Original Mortgage
$761,250
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2022
Closed on
Aug 3, 2022
Sold by
Luis Rodriguez Jose and Luis Guillermina
Bought by
Lozano Patricia Castillo
Seller's Agent
Jack Mccann
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Boris Almengor
Lyon Stahl Investment Real Est
List Price
$1,075,000
Sold Price
$1,000,000
Premium/Discount to List
-$75,000
-6.98%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$761,250
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2018
Closed on
Sep 20, 2018
Sold by
Gelen Corp
Bought by
Rodriguez Jose Luis and Rodriguez Guillermina
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Marco Otero
Century 21 A Better Service
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$581,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 3, 2016
Sold by
Ref Apartments Llc
Bought by
Gelen Corporation
Seller's Agent
Timothy Pai
No Firm Affiliation
List Price
$299,000
Sold Price
$277,200
Premium/Discount to List
-$21,800
-7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.67%

Purchase Details

Closed on
Feb 28, 2014
Sold by
Contreras Katherine B
Bought by
Ref Apartments Llc

Purchase Details

Closed on
May 20, 2009
Sold by
Contreras Katheryne B
Bought by
Alexander Danni

Purchase Details

Closed on
May 23, 2008
Sold by
Contreras Anthony E
Bought by
Contreras Katherine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2007
Sold by
Sanchez Jorge Mauricio
Bought by
Li Fan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.26%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 16, 2007
Sold by
Alexander Danni P
Bought by
Sanchez Jorge Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.26%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 14, 2003
Sold by
York Julian G and York Jessie M
Bought by
Alexander Danni P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 31, 1998
Sold by
Wickliffe James W and Wickliffe Cleveland D
Bought by
York Jessie M

Purchase Details

Closed on
Apr 15, 1994
Sold by
York Jessie M
Bought by
York Jessie M
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
Patricia Castillo Lozano Revocable Living Tru -- None Listed On Document
Lozano Patricia Castillo -- Pacific Coast Title
Lozano Patricia Castillo $1,015,000 Pacific Coast Title
Rodriguez Jose Luis $775,000 Lawyers Title
Gelen Corporation $277,500 Fidelity Sherman Oaks
Ref Apartments Llc $202,000 None Available
Alexander Danni -- None Available
Contreras Katherine B -- Southland Title
Contreras Katherine B $510,000 Southland Title
Li Fan -- Accommodation
Sanchez Jorge Mauricio -- United Title
Alexander Danni P $40,000 Fidelity
York Jessie M -- --
York Jessie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lozano Patricia Castillo $761,250
Previous Owner Rodriguez Jose Luis $581,250
Previous Owner Gelen Corporation $750,000
Previous Owner Contreras Katherine B $382,500
Previous Owner Li Fan $200,000
Previous Owner Li Fan $50,000
Previous Owner Alexander Danni $45,000
Previous Owner Alexander Danni P $165,000
Previous Owner Alexander Danni P $12,500
Previous Owner Alexander Danni P $125,000
Previous Owner Alexander Danni P $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $1,000,000 -2.9% $301 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $1,030,000 -4.2% $310 / Sq Ft
04/26/2022 04/26/22 For Sale $1,075,000 0.0% $323 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
03/21/2022 03/21/22 Price Changed $1,075,000 -2.3% $323 / Sq Ft
03/18/2022 03/18/22 For Sale $1,100,000 0.0% $331 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $1,100,000 +41.9% $331 / Sq Ft
10/30/2018 10/30/18 Sold $775,000 +3.3% $233 / Sq Ft
09/10/2018 09/10/18 For Sale $750,000 +170.6% $225 / Sq Ft
05/25/2016 05/25/16 Sold $277,200 -7.3% $83 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $299,000 +1.4% $90 / Sq Ft
01/27/2016 01/27/16 Sold $295,000 -1.3% $89 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $299,000 -- $90 / 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 $12,845 $1,056,006 $728,280 $327,726
2024 $12,845 $1,035,300 $714,000 $321,300
2023 $12,602 $1,015,000 $700,000 $315,000
2022 $9,920 $814,661 $609,682 $204,979
2021 $9,783 $798,688 $597,728 $200,960
2019 $10,269 $775,000 $580,000 $195,000
2018 $3,792 $288,398 $208,288 $80,110
2016 $5,415 $429,745 $258,883 $170,862
2015 $5,339 $423,291 $254,995 $168,296
2014 $4,137 $313,536 $188,122 $125,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-128329

The MLS

APN: 4005-014-002