NOT LISTED FOR SALE

Estimated Value: $1,180,000 - $1,944,000

3 Beds
4 Baths
2,760 Sq Ft
$527/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2019

Last sale price $905,000 $328 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,779 / mo

70 Days on Market

About This Home

As of September 2019

Multi-Family. LARD2. Cap rate is pro forma. Huge investors opportunity. Excellent location, As-Is. Walking Distance to Heritage Square Metro Gold Line Station. Short drive or bike ride to Chinatown, Glassell Park, Dodger Stadium and Rios De Los Angeles Park with trails, field sports, and playground. 2 units occupied by owner, 3 units are being rented. Please contact me for more information.

Last Agent to Sell the Property

Ivette Araujo Prada

Keller Williams Silicon Beach License #02078565 Listed on: 03/18/2019

Last Buyer's Agent

Dawn MacLeod

TDC/Pacific Properties Inc. License #01324221

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,494 Sq Ft Lot

Interior Spaces

  • 2,760 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Automatic Gate

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5446-008-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

7,494 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2760
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Tile
  • Bedrooms: 3
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 434.42

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Auto Driveway Gate
  • Total Parking: 5

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Value: 34267
  • Assessed Land Value: 255994
  • Assessor Parcel Number: 5446-008-006
  • Geocode Override: No
  • Lot Size Area: 7494

Rental Info

  • Total Actual Rent: 1350.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 4
  • Rent Control: 50
  • Type Of Units: income

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2019
Sold by
Contreras Moises R and Razo Clara V
Bought by
La Salle 2640 Ventures Llc
Current Estimated Value
$1,455,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,250
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 15, 2018
Sold by
Razo Clara V
Bought by
Contreras Moises R and Razo Clara V

Purchase Details

Closed on
Jun 28, 2007
Sold by
Razo Clara V and Munoz Clara Delia
Bought by
Razo Clara V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2003
Sold by
Razo Moises
Bought by
Munoz Clara Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 1997
Sold by
Munoz Clara D
Bought by
Munoz Clara Delia and Razo Moises
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
La Salle 2640 Ventures Llc $905,000 First American Title
Contreras Moises R -- None Available
Razo Clara V -- Alliance Title Company
Razo Clara V -- Alliance Title Company
Munoz Clara Delia -- United Title Company
Munoz Clara Delia -- Benefit Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner La Salle 2640 Ventures Llc $769,250
Previous Owner Razo Clara V $335,000
Previous Owner Munoz Clara Delia $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $905,000 -24.5% $328 / Sq Ft
03/18/2019 03/18/19 For Sale $1,199,000 -- $434 / Sq Ft
Source: The MLS

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 $12,106 $989,743 $546,820 $442,923
2024 $12,106 $970,338 $536,099 $434,239
2023 $11,874 $951,313 $525,588 $425,725
2022 $11,328 $932,661 $515,283 $417,378
2021 $11,182 $914,375 $505,180 $409,195
2020 $11,293 $905,000 $500,000 $405,000
2019 $3,896 $301,986 $266,335 $35,651
2018 $3,806 $296,065 $261,113 $34,952
2016 $3,612 $284,571 $250,975 $33,596
2015 $3,562 $280,298 $247,206 $33,092
2014 $3,598 $274,808 $242,364 $32,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-445350

The MLS

APN: 5446-008-006

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