NOT LISTED FOR SALE

2915 W Florence Ave Los Angeles, CA 90043

Hyde Park Neighborhood

Estimated Value: $602,000 - $665,000

3 Beds
2 Baths
1,000 Sq Ft
$638/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $408,000 $408 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,939/month

25 Days on Market

Highlights

  • Laundry Room
  • Paved or Partially Paved Lot
  • 1-Story Property
  • Wrought Iron Fence
  • Wall Furnace

About This Home

As of January 2019

Duplex property in the City of Los Angeles. First unit is a 2 bedroom and 1 bath currently rented for $1,750 a month. Second unit is a 1 bedroom 1 Bath being rented for $1,350 a month. The 2nd unit may be delivered available at the close of escrow upon request only. Both units were recently renovated and passed all LAHD inspections. This property is zoned commercial with development potential in a high demand rental location.

Last Agent to Sell the Property

Mirna Martinez

ROA California Inc. License #01773121 Listed on: 11/10/2018

Last Buyer's Agent

Mirna Martinez

ROA California Inc. License #01773121 Listed on: 11/10/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,584

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 3,000 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • No Landscaping
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Parking Lot

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 5452
  • Assessor Parcel Number 4008026015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $720
  • Water Sewer Expense $960
  • New Taxes Expense $2,490
  • Operating Expense $4,410
  • Gross Income $3,100
  • Net Operating Income $3,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,584

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 960.00
  • Zoning: LAC2
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 4008026015
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 408.00

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping, Paved
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 3100.00
  • Gross Scheduled Income: 3100.00
  • Insurance Expense: 720.00
  • Lot Size Area: 3000.0000 Square Feet
  • Net Operating Income: 3100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 4410.00

Tax Info

  • New Taxes Expense: 2490.00
  • Tax Census Tract: 2352.01
  • Tax Lot: 13
  • Tax Tract Number: 5452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2018
Closed on
Jan 11, 2019
Sold by
Sle Enterprises Inc
Bought by
Swan Robert John and Swan Clarissa Jeanne Lorenz
Seller's Agent
Mirna Martinez
ROA California Inc.
Buyer's Agent
Mirna Martinez
ROA California Inc.
List Price
$425,000
Sold Price
$408,000
Premium/Discount to List
-$17,000
-4%
Current Estimated Value
$637,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,580
Avg. Annual Appreciation
6.87%
Original Mortgage
$346,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
Eghbali Michael
Bought by
Sle Enterprises Inc

Purchase Details

Closed on
Nov 9, 2009
Sold by
Fdic
Bought by
Eghbali Michael

Purchase Details

Closed on
Jan 11, 2008
Sold by
Juarez Erik G
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Dec 6, 2005
Sold by
Cortez Armida
Bought by
Juarez Erik G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,400
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2004
Sold by
Cortez Ada Noemi and Cortez Ada
Bought by
Cortez Armida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,150
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2001
Sold by
Community Revitalization Group
Bought by
Cortez Armida and Cortez Ada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,584
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2000
Sold by
Hud
Bought by
Community Revitalization Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.27%

Purchase Details

Closed on
Apr 14, 1999
Sold by
North American Mtg Company
Bought by
Hud

Purchase Details

Closed on
Apr 2, 1999
Sold by
Castaneda Rodolfo
Bought by
North American Mtg Company

Purchase Details

Closed on
May 19, 1998
Sold by
Escobar Miriam R
Bought by
Castaneda Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,692
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1995
Sold by
Alvandi Francois J and Caliber Investment Group
Bought by
Escobar Miriam R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.97%

Purchase Details

Closed on
Sep 5, 1995
Sold by
Transamerica Financial Services/0422
Bought by
Caliber Investment Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.97%

Purchase Details

Closed on
Nov 5, 1993
Sold by
Wes Pac Reconveyance Inc
Bought by
Transamerica Financial Services
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
Swan Robert John $408,000 Old Republic Title Company
Sle Enterprises Inc -- Accommodation
Eghbali Michael $112,000 North American Title Company
Eghbali Michael -- North American Title Company
Indymac Bank Fsb $361,138 Lsi Title Company Ca
Juarez Erik G $423,000 Stewart Title Of California
Cortez Armida -- Landsafe Title
Cortez Armida $150,000 North American Title Co
Community Revitalization Group $89,000 Southland Title Corporation
Hud -- Benefit Land Title Company
North American Mtg Company $178,379 Benefit Land Title Ins Co
Castaneda Rodolfo $168,500 Gateway Title Company
Escobar Miriam R $52,000 Continental Lawyers Title Co
Escobar Miriam R -- Continental Lawyers Title Co
Caliber Investment Group $40,000 Continental Lawyers Title Co
Transamerica Financial Services $61,763 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swan Robert John $350,000
Closed Swan Robert John $346,800
Previous Owner Sle Enterprises Inc $474,000
Previous Owner Eghbali Michael $300,000
Previous Owner Juarez Erik G $338,400
Previous Owner Cortez Armida $192,150
Previous Owner Cortez Armida $147,584
Previous Owner Community Revitalization Group $84,000
Previous Owner Castaneda Rodolfo $164,692
Previous Owner Escobar Miriam R $50,000
Previous Owner Escobar Miriam R $40,000
Closed Escobar Miriam R $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $408,000 -4.0% $408 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/10/2018 11/10/18 For Sale $425,000 -- $425 / 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 $5,584 $455,127 $343,577 $111,550
2024 $5,584 $446,204 $336,841 $109,363
2023 $5,482 $437,456 $330,237 $107,219
2022 $5,233 $428,879 $323,762 $105,117
2021 $5,165 $420,470 $317,414 $103,056
2020 $5,217 $416,160 $314,160 $102,000
2019 $3,330 $129,592 $92,569 $37,023
2018 $1,701 $127,052 $90,754 $36,298
2016 $1,623 $122,121 $87,231 $34,890
2015 $1,601 $120,287 $85,921 $34,366
2014 $1,621 $117,931 $84,238 $33,693
Source: Public Records

Agents Affiliated with this Home

  • Mirna Martinez

    Seller's Agent in 2019

    Mirna Martinez

    ROA California Inc.

    (310) 483-8904

    38 Total Sales

    Mirna Martinez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18273651

California Regional Multiple Listing Service (CRMLS)

APN: 4008-026-015

California Los Angeles County Los Angeles 90043 Hyde Park

2915 W Florence Ave, Los Angeles, CA

This home is located at 2915 W Florence Ave, Los Angeles, CA 90043 since 10 November 2018 and is currently estimated at $637,580, approximately $637 per square foot. This property was built in 1930. 2915 W Florence Ave is a home located in Los Angeles County with nearby schools including Seventy-Fourth Street Elementary School, Horace Mann Ucla Community, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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