NOT LISTED FOR SALE

Estimated Value: $1,375,000 - $1,518,000

8 Beds
4 Baths
5,816 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $999,000 $172 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,644/month

3 Days on Market

About This Home

As of September 2017

Amazing Investment opportunity in one of the HOTTEST RENTAL MARKETS in Los Angeles. SELLERS ARE MOTIVATED and open to all offers. Each unit has over 1,400 sq. ft, larger than some homes. This property has a huge upside and lots of room to add value by increasing rents.

Last Agent to Sell the Property

Charles Jackson

Jackson Properties & Associates License #01334605 Listed on: 04/23/2017

Last Buyer's Agent

Abe Rotchel

First Banker Mortgage Corp. License #00911829

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 7,123 Sq Ft Lot
  • East Facing Home

Interior Spaces

  • 5,816 Sq Ft Home
  • 2-Story Property
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5051-024-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

7,123 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 5816
  • Probate: No
  • Stories: 2
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: In Kitchen
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 189.13

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 58587
  • Assessed Land Value: 21924
  • Assessor Parcel Number: 5051-024-025
  • Geocode Override: No
  • Lot Size Area: 7123

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: income

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2017
Closed on
Aug 7, 2017
Sold by
Jimison Audry
Bought by
Mahgerefteh Abraham and Mahgerefteh Rozita
Seller's Agent
Charles Jackson
Jackson Properties & Associates
Buyer's Agent
Abe Rotchel
First Banker Mortgage Corp.
List Price
$1,100,000
Sold Price
$999,000
Premium/Discount to List
-$101,000
-9.18%
Current Estimated Value
$1,419,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,411
Avg. Annual Appreciation
4.23%
Original Mortgage
$749,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2004
Sold by
Jimison Audry Lee
Bought by
Jimison Audry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1997
Sold by
Alexander Gladys
Bought by
Jimison Audry Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.3%
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
Mahgerefteh Abraham $999,000 Provident Title Company
Jimison Audry -- --
Jimison Audry Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahgerefteh Abraham $749,250
Previous Owner Jimison Audry $390,000
Previous Owner Jimison Audry Lee $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2017 09/28/17 Sold $999,000 -9.2% $172 / Sq Ft
04/23/2017 04/23/17 For Sale $1,100,000 -- $189 / 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 $14,120 $1,136,685 $796,478 $340,207
2024 $14,120 $1,114,398 $780,861 $333,537
2023 $13,858 $1,092,548 $765,550 $326,998
2022 $13,232 $1,071,127 $750,540 $320,587
2021 $13,042 $1,050,125 $735,824 $314,301
2019 $12,661 $1,018,980 $714,000 $304,980
2018 $12,517 $999,000 $700,000 $299,000
2016 $1,358 $80,511 $21,924 $58,587
2015 $1,344 $79,302 $21,595 $57,707
2014 $1,377 $77,749 $21,172 $56,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-223852

The MLS

APN: 5051-024-025

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