NOT LISTED FOR SALE

2911 Maple Ave Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $328,054 - $677,000

2 Beds
2 Baths
962 Sq Ft
$555/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $290,000 $301 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,125/month

543 Days on Market

About This Home

As of April 2021

PRICE REDUCTION!!! Property in sought after community in Downtown Los Angeles. Downtown Los Angeles is a city that keeps growing and expanding. This 2 unit investment property will not last. Property is located near USC and beautiful Exposition Park where you can walk around and enjoy the scenery. Walking distance to public transportation. Enjoy the historical culture that Downtown Los Angeles has to offer. Close to Olvera Street, Union Station and for nightlife you have The Staples Center, LA Live and plenty of dining.

Last Agent to Sell the Property

Javier Rosas

RE/MAX Unlimited Real Estate License #01829188 Listed on: 09/05/2019

Last Buyer's Agent

Javier Rosas

RE/MAX Unlimited Real Estate License #01829188 Listed on: 09/05/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,975

Year Built

  • Built in 1905

Lot Details

  • 1,825 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • No Landscaping

Home Design

  • 962 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 23 / D
  • Tax Tract Number 4
  • Assessor Parcel Number 5128004022

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $360
  • Water Sewer Expense $2,000
  • New Taxes Expense $4,700
  • Operating Expense $7,860
  • Net Operating Income $1,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,975

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5128004022
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 301.46

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 1825.00
  • Lot Size Acres: 0.0419

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Scheduled Income: 1965.00
  • Insurance Expense: 800.00
  • Lot Size Area: 1825.0000 Square Feet
  • Net Operating Income: 1540.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 425.00
  • Rent Control: Yes
  • Total Actual Rent: 2825.00
  • Total Expenses: 7860.00

Tax Info

  • New Taxes Expense: 4700.00
  • Tax Block: D
  • Tax Census Tract: 2246.00
  • Tax Lot: 23
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2015
Sold by
Salinas Juana
Bought by
Salinas Juana
Current Estimated Value
$533,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$159,361
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$374,403

Purchase Details

Closed on
Nov 13, 2014
Sold by
Salinas Juana
Bought by
Salinas Juana and Salinas Family Trust

Purchase Details

Closed on
May 30, 2014
Sold by
Salinas Jose Roque
Bought by
Salinas Juana

Purchase Details

Closed on
Feb 20, 2006
Sold by
Salinas Jose Roque and Salinas Juana
Bought by
Salinas Jose Roque

Purchase Details

Closed on
Jul 29, 2004
Sold by
Altamirano Felipe M
Bought by
Salinas Jose Roque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Salinas Juana Sanchez
Bought by
Salinas Jose Roque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
International Executive Enterprise
Bought by
Altamirano Felipe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Castillo Rolando and Castillo Reina
Bought by
International Executive Enterprise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.16%
Source: Public Records

Range of Values:

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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
Salinas Juana -- Pacific Coast Title Company
Salinas Juana -- None Available
Salinas Juana -- None Available
Salinas Jose Roque -- None Available
Salinas Jose Roque -- None Available
Salinas Jose Roque $300,000 California Counties Title Co
Salinas Jose Roque -- California Counties Title Co
Altamirano Felipe M $195,000 First American Title Co
International Executive Enterprise $95,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salinas Juana $210,000
Closed Salinas Jose Roque $240,000
Previous Owner Altamirano Felipe M $180,500
Previous Owner International Executive Enterprise $90,000
Closed Salinas Jose Roque $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2021 04/05/21 Sold $290,000 -17.1% $301 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $350,000 +20.7% $364 / Sq Ft
01/19/2021 01/19/21 Off Market $290,000 -- --
12/30/2020 12/30/20 For Sale $350,000 +20.7% $364 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/16/2020 12/16/20 Off Market $290,000 -- --
12/16/2020 12/16/20 For Sale $350,000 +20.7% $364 / Sq Ft
12/15/2020 12/15/20 Off Market $290,000 -- --
12/10/2020 12/10/20 Price Changed $350,000 -18.4% $364 / Sq Ft
12/08/2020 12/08/20 Price Changed $429,000 -4.5% $446 / Sq Ft
11/06/2020 11/06/20 Price Changed $449,000 -2.2% $467 / Sq Ft
10/10/2020 10/10/20 For Sale $459,000 +58.3% $477 / Sq Ft
10/07/2020 10/07/20 Off Market $290,000 -- --
08/03/2020 08/03/20 Price Changed $459,000 -1.3% $477 / Sq Ft
07/21/2020 07/21/20 Price Changed $465,000 -2.9% $483 / Sq Ft
06/29/2020 06/29/20 For Sale $479,000 +65.2% $498 / Sq Ft
06/27/2020 06/27/20 Off Market $290,000 -- --
12/28/2019 12/28/19 Price Changed $480,000 -3.0% $499 / Sq Ft
12/05/2019 12/05/19 For Sale $495,000 +70.7% $515 / Sq Ft
12/03/2019 12/03/19 Off Market $290,000 -- --
09/05/2019 09/05/19 For Sale $519,000 -- $540 / 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 $3,975 $313,903 $184,013 $129,890
2024 $3,935 $307,749 $180,405 $127,344
2023 $3,861 $301,716 $176,868 $124,848
2022 $3,685 $295,800 $173,400 $122,400
2021 $4,770 $386,314 $193,157 $193,157
2020 $4,816 $382,354 $191,177 $191,177
2019 $4,630 $374,858 $187,429 $187,429
2018 $4,591 $367,508 $183,754 $183,754
2016 $3,467 $276,000 $161,000 $115,000
2015 $3,789 $303,000 $176,800 $126,200
2014 -- $240,000 $140,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Javier Rosas

    RE/MAX

    (562) 360-2000

    1 in this area

    6 Total Sales

    Javier Rosas
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19212751

California Regional Multiple Listing Service (CRMLS)

APN: 5128-004-022

California Los Angeles County Los Angeles 90011 Historic South Central

2911 Maple Ave, Los Angeles, CA

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