NOT LISTED FOR SALE

2917 W Florence Ave Los Angeles, CA 90043

Hyde Park Neighborhood

Estimated Value: $596,000 - $664,830

3 Beds
2 Baths
906 Sq Ft
$689/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $410,000 $453 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,855/month

4 Days on Market

About This Home

As of August 2019

Nice 2 Units on Florence Ave

Last Agent to Sell the Property

Roddy Kohei

VICTORIAN REALTY License #01171018 Listed on: 07/03/2019

Last Buyer's Agent

Roddy Kohei

VICTORIAN REALTY License #01171018 Listed on: 07/03/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,508

Year Built

  • Built in 1943

Lot Details

  • 2,900 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 12 / 6
  • Tax Tract Number 5452
  • Assessor Parcel Number 4008026014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,085
  • Water Sewer Expense $1,650
  • New Taxes Expense $3,715
  • Operating Expense $7,450
  • Gross Income $8,903
  • Net Operating Income $1,453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,508

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1650.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 4008026014
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 452.54

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2900.00
  • Lot Size Acres: 0.0666

Multi Family

  • Gross Income: 8903.28
  • Gross Scheduled Income: 8903.00
  • Insurance Expense: 2085.00
  • Lot Size Area: 2900.0000 Square Feet
  • Net Operating Income: 1453.28
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7450.00
  • Rent Control: Yes
  • Total Expenses: 7450.00

Tax Info

  • New Taxes Expense: 3715.00
  • Tax Block: 6
  • Tax Census Tract: 2352.01
  • Tax Lot: 12
  • Tax Tract Number: 5452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 13, 2019
Sold by
Slauson Management Llc
Bought by
Swan Robert John and Swan Clarissa Jeanne Lorenz
Seller's Agent
Roddy Kohei
VICTORIAN REALTY
Buyer's Agent
Roddy Kohei
VICTORIAN REALTY
List Price
$440,000
Sold Price
$410,000
Premium/Discount to List
-$30,000
-6.82%
Current Estimated Value
$624,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,458
Avg. Annual Appreciation
7.11%
Original Mortgage
$307,500
Outstanding Balance
$270,478
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$349,643

Purchase Details

Closed on
Dec 10, 2018
Sold by
Nte Holdings Llc
Bought by
Slauson Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2016
Sold by
Juliete Llc
Bought by
Nte Holdings Llc

Purchase Details

Closed on
Aug 16, 2012
Sold by
Mchugh Frank and Mchugh Family Trust
Bought by
Juliete Llc

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
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2005
Sold by
Mchugh Frank
Bought by
Mchugh Frank and Mchugh Family Trust

Purchase Details

Closed on
Mar 13, 2003
Sold by
Hud
Bought by
Mchugh Frank

Purchase Details

Closed on
Nov 9, 1999
Sold by
Pledged Property Iv Llc
Bought by
Hud

Purchase Details

Closed on
Oct 27, 1999
Sold by
Pestana Jaime and Pestana Luisa
Bought by
Pledged Property Iv Llc

Purchase Details

Closed on
May 5, 1998
Sold by
Escobar Miriam R
Bought by
Pestana Jaime and Pestana Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,620
Interest Rate
7.03%
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
$57,000
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
$57,000
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 $410,000 Westminster Title Co
Slauson Management Llc $250,000 Stewart Title Company
Nte Holdings Llc $135,000 None Available
Juliete Llc $125,000 Fidelity National Title Co
Mchugh Frank -- --
Mchugh Frank $136,500 First Southwestern
Hud -- First American Title Co
Pledged Property Iv Llc $188,925 Benefit Land Title Ins Co
Pestana Jaime $169,500 Gateway Title Company
Escobar Miriam R $50,000 Continental Lawyers Title Co
Escobar Miriam R -- Continental Lawyers Title Co
Caliber Investment Group -- Continental Lawyers Title Co
Transamerica Financial Services $53,390 Benevest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swan Robert John $307,500
Previous Owner Slauson Management Llc $195,000
Previous Owner Juliete Llc $125,000
Previous Owner Pestana Jaime $165,620
Previous Owner Escobar Miriam R $40,000
Previous Owner Escobar Miriam R $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $410,000 0.0% $453 / Sq Ft
07/04/2019 07/04/19 Off Market $410,000 -- --
07/03/2019 07/03/19 For Sale $440,000 -- $486 / 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 $5,508 $448,391 $328,093 $120,298
2024 $5,508 $439,600 $321,660 $117,940
2023 $5,407 $430,981 $315,353 $115,628
2022 $5,162 $422,531 $309,170 $113,361
2021 $5,096 $414,247 $303,108 $111,139
2020 $5,147 $410,000 $300,000 $110,000
2019 $3,769 $301,716 $197,676 $104,040
2018 $3,715 $295,800 $193,800 $102,000
2017 $3,637 $290,000 $190,000 $100,000
2016 $2,209 $171,637 $104,023 $67,614
2015 $2,179 $169,060 $102,461 $66,599
2014 $2,200 $165,749 $100,454 $65,295
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Roddy Kohei

    VICTORIAN REALTY

    (626) 673-0077

    11 Total Sales

    Roddy Kohei
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19158118

California Regional Multiple Listing Service (CRMLS)

APN: 4008-026-014

California Los Angeles County Los Angeles 90043 Hyde Park

2917 W Florence Ave, Los Angeles, CA

This home is located at 2917 W Florence Ave, Los Angeles, CA 90043 since 03 July 2019 and is currently estimated at $624,458, approximately $689 per square foot. This property was built in 1943. 2917 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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