NOT LISTED FOR SALE

Estimated Value: $962,000 - $1,369,000

6 Beds
3 Baths
2,178 Sq Ft
$518/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $890,000 $409 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,883/month

5 Days on Market

Highlights

  • Granite Countertops
  • Bike Trail
  • Rectangular Lot
  • Built-In Features
  • Turnkey
  • Wall Furnace

About This Home

As of November 2020

Pride of Ownership, Turn Key Triplex located in Leimert Park. Centrally located from Downtown LA to the Beach cities and the South Bay close to shopping, schools and transportation. Within walking distance to the new Metro Rail Line Station as well as the Crenshaw Mall and a short drive away from USC and the amenities around it and not to mention the new Rams Stadium in Inglewood. High Demand Rental Market ensures low vacancy and high rents. Exterior with beautiful grass, stucco, shutters, and double pane windows. This interiors have been recently remodeled with new kitchens with granite counter tops. Bathrooms are updated and feature water conservation friendly fixtures. Rear of the building includes parking for 4 cars. This is a turn key rental building the requires minimal maintenance and hassle. Property sold in its present condition.

Last Agent to Sell the Property

Silvio Pacheco

eXp Realty of California Inc License #01828649 Listed on: 09/30/2020

eXp Realty of California Inc

Last Buyer's Agent

Luz Hernandez

Dilbeck Real Estate License #01874098

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,684

Year Built

  • Built in 1944

Lot Details

  • 4,500 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Front Yard

Home Design

  • Property Attached
  • Turnkey

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 33
  • Tax Tract Number 9741
  • Assessor Parcel Number 5023016009

Community Details

Overview

  • 3 Units

Recreation

  • Bike Trail

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,684

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAC2
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5023016009
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 408.63

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 4500.00
  • Lot Size Acres: 0.1033

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 4500.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2343.00
  • Tax Lot: 33
  • Tax Tract Number: 9741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Oct 13, 2020
Sold by
Ave 2821 West Vernon
Bought by
Onate Jose T and Onate Maria O
Seller's Agent
Silvio Pacheco
eXp Realty of California Inc
Buyer's Agent
Luz Hernandez
Dilbeck Real Estate
List Price
$939,000
Sold Price
$890,000
Premium/Discount to List
-$49,000
-5.22%
Current Estimated Value
$1,128,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,880
Avg. Annual Appreciation
4.92%
Original Mortgage
$528,000
Outstanding Balance
$468,772
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$660,108

Purchase Details

Closed on
Jul 5, 2018
Sold by
Garrison Ian T
Bought by
2821 West Vernon Avenue Los Angeles Ca 9

Purchase Details

Listed on
Nov 17, 2016
Closed on
May 3, 2017
Sold by
Hanlon Morton Allan
Bought by
Garrison Ian Thomas and Garrison Mayling Raquel
Seller's Agent
Morton Hanlon
Morton Allan Hanlon Jr.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$702,736
Interest Rate
4.14%
Mortgage Type
VA

Purchase Details

Closed on
Feb 23, 2009
Sold by
Norris Mary G
Bought by
Hanlon Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.08%
Mortgage Type
Seller Take Back
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
Onate Jose T $890,000 Stewart Title Of California
2821 West Vernon Avenue Los Angeles Ca 9 -- None Available
Garrison Ian Thomas $695,000 First American Title Company
Hanlon Morton Allan -- First American Title Co Los
Hanlon Holdings Llc $280,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onate Jose T $528,000
Previous Owner Garrison Ian Thomas $702,736
Previous Owner Hanlon Holdings Llc $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2020 11/17/20 Sold $890,000 -5.2% $409 / Sq Ft
09/30/2020 09/30/20 For Sale $939,000 +35.1% $431 / Sq Ft
05/05/2017 05/05/17 Sold $695,000 0.0% $319 / Sq Ft View Prior Sale
04/01/2017 04/01/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $695,000 0.0% $319 / Sq Ft
03/28/2017 03/28/17 Off Market $695,000 -- --
03/14/2017 03/14/17 Price Changed $695,000 -4.1% $319 / Sq Ft
11/17/2016 11/17/16 For Sale $725,000 -- $333 / 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 $11,684 $963,362 $579,100 $384,262
2024 $11,684 $944,474 $567,746 $376,728
2023 $11,463 $925,956 $556,614 $369,342
2022 $10,939 $907,800 $545,700 $362,100
2021 $10,797 $890,000 $535,000 $355,000
2020 $9,269 $737,539 $472,237 $265,302
2019 $8,909 $723,078 $462,978 $260,100
2018 $8,828 $708,900 $453,900 $255,000
2016 $3,947 $304,586 $243,671 $60,915
2015 $3,893 $300,011 $240,011 $60,000
2014 $3,976 $294,135 $235,310 $58,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20204952

California Regional Multiple Listing Service (CRMLS)

APN: 5023-016-009