NOT LISTED FOR SALE

284 E 43rd Place Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $783,000 - $825,000

5 Beds
4 Baths
1,904 Sq Ft
$420/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $500,000 $263 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,748/month

16 Days on Market

Highlights

  • No HOA
  • Ceramic Countertops
  • Laundry Room
  • Cooling System Mounted To A Wall/Window
  • Living Room
  • More Than Two Accessible Exits

About This Home

As of August 2018

Duplex in a well establish Los Angeles neighborhood.First unit features 2 bedrooms and 1 Bathroom,living Room and kitchen.Second unit features 2 bedrooms, 2 Bathroom, living Room, Kitchen and Laundry area. There is a 1 bedroom, 1 Bathroom addition on the back of the property with permit.

Last Agent to Sell the Property

AIDA CARVAJAL DE BARONA

ALTICORE REALTY License #01474278 Listed on: 05/14/2018

Last Buyer's Agent

Richard Diaz

First Family Homes License #01322459

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,999 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Front Yard

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Interior Block Wall
  • Composition Roof

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Converted Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • No Driveway
  • On-Street Parking

Additional Features

  • More Than Two Accessible Exits
  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 40
  • Tax Tract Number 40
  • Assessor Parcel Number 5113016011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,080
  • Trash Expense $360
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,965
  • Operating Expense $9,205
  • Gross Income $33,600
  • Net Operating Income $24,395

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LAC2
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5113016011
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls, Ceramic Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits
  • Levels: One
  • Price Per Square Foot: 262.61
  • Room Type: Converted Bedroom, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 1.00
  • Parking Features: Attached Carport, No Driveway, Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size: 4999
  • Lot Size Sq Ft: 4999.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1080.00
  • Net Operating Income: 24395.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9205.00
  • Rent Control: Yes
  • Total Actual Rent: 2200.00
  • Total Expenses: 9205.00

Tax Info

  • New Taxes Expense: 5965.00
  • Tax Census Tract: 2285.00
  • Tax Lot: 40
  • Tax Tract Number: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2018
Sold by
Mejia Esteban
Bought by
Hernandez Alfonzo Antonio and Vasquez Morta Alfonso Anthonio
Current Estimated Value
$799,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,312
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2016
Sold by
Garcia David Edelberto
Bought by
Mejia Esteban

Purchase Details

Closed on
Sep 26, 2014
Sold by
Esteban Mejia
Bought by
Garcia David Edelberto

Purchase Details

Closed on
Feb 6, 2003
Sold by
Flores Rafael and Funes Zoila A
Bought by
Mejia Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
5.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Alfonzo Antonio $500,000 Lawyers Title
Mejia Esteban -- None Available
Garcia David Edelberto -- None Available
Mejia Esteban $178,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Alfonzo Antonio $483,312
Previous Owner Mejia Esteban $169,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $500,000 0.0% $263 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $500,000 -- $263 / 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 $6,814 $557,754 $390,429 $167,325
2024 $6,814 $546,819 $382,774 $164,045
2023 $6,684 $536,098 $375,269 $160,829
2022 $6,376 $525,587 $367,911 $157,676
2021 $6,291 $515,283 $360,698 $154,585
2020 $6,350 $510,000 $357,000 $153,000
2019 $6,103 $500,000 $350,000 $150,000
2018 $5,214 $416,160 $208,080 $208,080
2016 $4,608 $369,551 $182,745 $186,806
2015 $4,543 $364,000 $180,000 $184,000
2014 $3,036 $238,115 $118,144 $119,971
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    AIDA CARVAJAL DE BARONA

    ALTICORE REALTY

  • Richard Diaz

    Buyer's Agent in 2018

    Richard Diaz

    First Family Homes

    (562) 754-2959

    40 Total Sales

    Richard Diaz
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18114548

California Regional Multiple Listing Service (CRMLS)

APN: 5113-016-011

California Los Angeles County Los Angeles 90011 Historic South Central

284 E 43rd Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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