NOT LISTED FOR SALE

2823 S Corning St Los Angeles, CA 90034

Mid-City Neighborhood

Estimated Value: $1,575,000 - $1,746,000

9 Beds
7 Baths
4,166 Sq Ft
$390/Sq Ft Est. Value

Sale Details

Date 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 $10,309 / mo

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

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

Year Built

Built in 1928

Lot Details

4,802 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4166
  • Lot Acreage: 0.1102
  • Probate: No
  • Year Built: 1928
  • 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
  • Type Of Units: Single

Tax Info

  • Tax Expense: 13062.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Bought by
Current Estimated Value
$1,626,195

Purchase Details

Listed on
Oct 28, 2022
Closed on
Mar 10, 2023
Sold by
Bought by
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
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%

Purchase Details

Closed on
May 20, 2011
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Oct 7, 2004
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Sep 17, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Fidelity Title Company
-- Commonwealth Land Title Co
$835,000 Commonwealth Land Title Co
-- Stewart Title Of Ca Inc
-- Stewart Title Of Ca Inc
-- Stewart Title Of Ca Inc
-- Equity Title
$443,000 Equity Title
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $794,325
Previous Owner $650,000
Previous Owner $500,000
Previous Owner $500,000
Previous Owner $397,300
Closed $185,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,516 $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

    69 Total Sales

    Ivan Estrada
    Section Image
  • Brian Branand

    Buyer's Agent in 2023

    Brian Branand

    Brian Ross Brandt Branand

    (202) 369-7908

    2 in this area

    27 Total Sales

    Brian Branand
    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

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The MLS © 2026 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.
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