NOT LISTED FOR SALE

Estimated Value: $964,014 - $1,170,000

9 Beds
5 Baths
3,032 Sq Ft
$338/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $950,000 $313 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,425/month

210 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom
  • Property is near a preserve or public land
  • Lincoln High School Rated A-
  • Wood Flooring
  • Bike Trail

About This Home

As of April 2022

BUYER COULD NOT PERFORM! Located in one of the most highly desirable Neighborhoods in Lincoln Heights. This property is a 4plex perfectly designed for tenants. With a huge parking lot in the back of the building for them to comfortably park. All tenants are extremely cooperative and easy to get a hold of. A Rare Opportunity to own an amazing 4 Unit Income Property in the city of Lincoln Heights. With DTLA , Dodgers Stadium, and Chinatown less than 10 Minutes away. This Opportunity will not last ! Reach out to me today to make an appointment.

Last Agent to Sell the Property

Jeremy Sifuentes

Century 21 A Better Service License #02083396 Listed on: 08/19/2021

Century 21 A Better Service

Co-Listed By

Ernesto Sifuentes

Century 21 A Better Service License #01290591

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 7,734 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 3,032 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Wood Flooring
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 5 Bathrooms
  • Fireplace in Bathroom

Parking

  • Parking Available
  • Private Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 20 / 19
  • Tax Tract Number 1998
  • Assessor Parcel Number 5204024024
  • $599 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Property is near a preserve or public land

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $56,184

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

7,734 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5204024024
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Fireplace Features: Bath, Den, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Outside, Patio, Electric, Gas
  • Levels: Two
  • Price Per Square Foot: 313.32
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Parking Space, Private

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Preserve/Public Land, Rural, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7734.00
  • Lot Size Acres: 0.1775

Multi Family

  • Gross Income: 56184.00
  • Gross Scheduled Income: 56184.00
  • Lot Size Area: 7734.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 4682.00

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 1998.00
  • Tax Lot: 20
  • Tax Tract Number: 1998
  • TaxOtherAnnualAssessmentAmount: 599.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Mar 22, 2022
Sold by
Quality Housing Llc
Bought by
Banuelos Sebastian and Banuelos Margarita
Seller's Agent
Jeremy Sifuentes
Century 21 A Better Service
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$1,023,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,504
Avg. Annual Appreciation
1.93%
Original Mortgage
$480,000
Outstanding Balance
$447,330
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$576,174

Purchase Details

Closed on
Oct 25, 2016
Sold by
Okazaki Stanley
Bought by
Quality Housing Llc

Purchase Details

Closed on
Apr 14, 2015
Sold by
Quality Housing Llc
Bought by
Okazaki Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2014
Sold by
Okazaki Stanley
Bought by
Quality Housing Llc

Purchase Details

Closed on
Mar 26, 2009
Sold by
Okazaki Stanley
Bought by
Okazaki Stanley and Okazaki Marital Trust

Purchase Details

Closed on
Jul 20, 2000
Sold by
Chase Bank Of Texas Na
Bought by
Okazaki Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
8.78%

Purchase Details

Closed on
Apr 24, 2000
Sold by
Salomon Porfirio R
Bought by
Chase Bank Of Texas Na and Texas Commerce Bank Na

Purchase Details

Closed on
Dec 20, 1993
Sold by
Camperi Patricia
Bought by
Salomon Porfirio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
7.2%
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
Banuelos Sebastian $950,000 Provident Title
Quality Housing Llc -- None Available
Okazaki Stanley -- Lawyers Title
Okazaki Stanley -- Lawyers Title
Quality Housing Llc -- Accommodation
Okazaki Stanley -- None Available
Okazaki Stanley $122,000 Stewart Title
Chase Bank Of Texas Na $154,300 Benefit Land Title Ins Co
Salomon Porfirio R $186,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banuelos Sebastian $480,000
Previous Owner Okazaki Stanley $365,000
Previous Owner Okazaki Stanley $91,500
Previous Owner Salomon Porfirio R $148,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $950,000 0.0% $313 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $950,000 0.0% $313 / Sq Ft
11/22/2021 11/22/21 Off Market $950,000 -- --
11/22/2021 11/22/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $950,000 0.0% $313 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $950,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,491 $1,008,146 $758,763 $249,383
2024 $12,491 $988,380 $743,886 $244,494
2023 $12,256 $969,000 $729,300 $239,700
2022 $2,645 $173,210 $139,144 $34,066
2021 $2,599 $169,815 $136,416 $33,399
2019 $2,534 $164,780 $132,371 $32,409
2018 $2,397 $161,550 $129,776 $31,774
2016 $2,266 $155,279 $124,738 $30,541
2015 $2,239 $152,948 $122,865 $30,083
2014 -- $149,953 $120,459 $29,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21184123

California Regional Multiple Listing Service (CRMLS)

APN: 5204-024-024

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