NOT LISTED FOR SALE

2823 S Corning St Los Angeles, CA 90034

Mid-City Neighborhood

Estimated Value: $1,624,640 - $1,754,000

9 Beds
7 Baths
4,166 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $1,450,000 $348 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,511/month

95 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • Gated Home

About This Home

As of March 2023

Come see this great investment opportunity centrally located near Culver City and the Arts District with easy access to the 10 freeway. This fully occupied 4 unit building is close to shops and dining and has lots of upside potential. Showings will be available with accepted offer.

Last Agent to Sell the Property

Ivan Estrada

Douglas Elliman License #01882046 Listed on: 10/28/2022

Douglas Elliman

Last Buyer's Agent

Brian Branand

Brian Ross Brandt Branand License #01803629

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,286

Year Built

  • Built in 1928

Lot Details

  • 4,802 Sq Ft Lot
  • Gated Home

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,166 Sq Ft Home
  • Ceiling Fan
  • Oven

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Window Unit Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, trash collection
  • The owner pays for gardener, water
  • Assessor Parcel Number 4312-003-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,286

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4166
  • Lot Acreage: 0.1102
  • Probate: No
  • Year Built: 1928
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Appliances: Oven, Gas
  • Bedrooms: 9
  • Total Bathrooms: 7.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 372.06

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 2
  • Total Parking: 5

Utilities

  • Cooling: Ceiling Fan, Window Unit(s)
  • Security: Gated
  • Water Expense: 4200.00

Fee Information

  • Gas Expense: 1080.00
  • Insurance Expense: 2500.00

Lot Info

  • Assessed Improvement Percent: 16.17
  • Assessed Improvement Value: 177317
  • Assessed Land Percent: 83.83
  • Assessed Land Value: 919455
  • Total Assessed Value: 1096772
  • Assessor Parcel Number: 4312-003-030
  • Lot Size Area: 4802

Rental Info

  • Total Actual Rent: 107496.00
  • Owner Pays: Gardener, Water
  • Tenant Pays: Gas, Electricity, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.20
  • Number Of Units: 4
  • Total Annual Expense: 21562
  • Type Of Units: Single
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 13062.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Arasheben Jason
Bought by
2823 Corning Llc
Current Estimated Value
$1,627,233

Purchase Details

Listed on
Oct 28, 2022
Closed on
Mar 10, 2023
Sold by
Arasheben Lisa
Bought by
Arasheben Jason
Seller's Agent
Ivan Estrada
Douglas Elliman
Buyer's Agent
Brian Branand
Brian Ross Brandt Branand
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$1,000,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2022
Closed on
Feb 8, 2023
Sold by
Santiago Noel and Santiago Martha
Bought by
Arasheben Jason and Branand Robert
Seller's Agent
Ivan Estrada
Douglas Elliman
Buyer's Agent
Brian Branand
Brian Ross Brandt Branand
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Santiago Noel
Bought by
Santiago Noel and Santiago Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,325
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Santiago Martha
Bought by
Santiago Noel

Purchase Details

Closed on
Oct 7, 2004
Sold by
Joseph Donald
Bought by
Santiago Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Joseph Christopher
Bought by
Joseph Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2004
Sold by
Mello Mariana F
Bought by
Joseph Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2003
Sold by
Mello Mariana
Bought by
Joseph Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,300
Interest Rate
5%

Purchase Details

Closed on
Feb 13, 2003
Sold by
Misunas Peter V and 1989 Apodaca Family Trust
Bought by
Joseph Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,300
Interest Rate
5%

Purchase Details

Closed on
Mar 4, 2002
Sold by
Alvarado Gloria M
Bought by
Misunas Peter and Apodaca Family

Purchase Details

Closed on
Sep 17, 2000
Sold by
Apodaca Susana D and Alvarado Gloria Marie
Bought by
Alvarado Gloria Marie and The Manuel A Apodaca Family Trust
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
2823 Corning Llc -- Chicago Title Company
Arasheben Jason -- Chicago Title Company
Branand Robert -- Chicago Title Company
Arasheben Jason $1,450,000 Chicago Title Company
Santiago Noel -- Fidelity Title Company
Santiago Noel -- Commonwealth Land Title Co
Santiago Noel $835,000 Commonwealth Land Title Co
Joseph Donald -- Stewart Title Of Ca Inc
Joseph Donald -- Stewart Title Of Ca Inc
Joseph Donald -- Stewart Title Of Ca Inc
Joseph Donald -- Equity Title
Joseph Joseph $443,000 Equity Title
Misunas Peter -- --
Misunas Peter -- --
Alvarado Gloria Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arasheben Jason $1,000,000
Previous Owner Santiago Noel $794,325
Previous Owner Santiago Noel $787,500
Previous Owner Santiago Noel $650,000
Previous Owner Joseph Donald J $85,000
Previous Owner Joseph Donald $500,000
Previous Owner Joseph Donald $500,000
Previous Owner Joseph Joseph $47,000
Previous Owner Joseph Joseph $397,300
Closed Santiago Noel $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $1,450,000 -6.5% $348 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/30/2023 01/30/23 Price Changed $1,550,000 0.0% $372 / Sq Ft
01/30/2023 01/30/23 For Sale $1,550,000 -6.1% $372 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
12/01/2022 12/01/22 Price Changed $1,650,000 -5.7% $396 / Sq Ft
11/15/2022 11/15/22 Price Changed $1,750,000 -5.4% $420 / Sq Ft
10/28/2022 10/28/22 For Sale $1,850,000 -- $444 / 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 $18,286 $1,508,580 $988,380 $520,200
2024 $18,286 $1,479,000 $969,000 $510,000
2023 $13,880 $1,118,707 $937,844 $180,863
2022 $13,244 $1,096,772 $919,455 $177,317
2021 $13,062 $1,075,268 $901,427 $173,841
2019 $12,673 $1,043,377 $874,691 $168,686
2018 $12,576 $1,022,920 $857,541 $165,379
2016 $11,998 $983,201 $824,243 $158,958
2015 $11,824 $968,434 $811,863 $156,571
2014 $11,881 $949,464 $795,960 $153,504
Source: Public Records

Agents Affiliated with this Home

  • Ivan Estrada

    Seller's Agent in 2023

    Ivan Estrada

    Douglas Elliman

    (323) 574-2317

    1 in this area

    76 Total Sales

    Section Image
  • Brian Branand

    Buyer's Agent in 2023

    Brian Branand

    Brian Ross Brandt Branand

    (202) 369-7908

    2 in this area

    30 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 22-212497

The MLS

APN: 4312-003-030

California Los Angeles County Los Angeles 90034 Mid-City

2823 S Corning St, Los Angeles, CA

This home is located at 2823 S Corning St, Los Angeles, CA 90034 since 28 October 2022 and is currently estimated at $1,669,160, approximately $400 per square foot. This property was built in 1928. 2823 S Corning St is a home located in Los Angeles County with nearby schools including Mark Twain Middle School, Alexander Hamilton Senior High School, and Echo Horizon 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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