Seller's Agent in 2018
Jonathan Kim
Jonathan Kim
(562) 565-5284
1 in this area
2 Total Sales
2919 Van Buren Place Los Angeles, CA 90007
Adams-Normandie NeighborhoodEstimated Value: $1,432,000 - $2,678,000
8
Beds
4
Baths
5,080
Sq Ft
$390/Sq Ft
Est. Value
Highlights
- City Lights View
- Laundry Room
- Wall Furnace
- Granite Countertops
- Masonry wall
- 3-minute walk to Richardson Family Park
About This Home
As of April 2018Excellent opportunity to own a large 4 unit building located in a great rental area near USC. Only 4 block away from USC campus, within minutes to upcoming Downtown LA Live and Korea Town, freeways, public transportation, University Town Center, restaurants and shopping centers. Fantastic opportunity for investors - huge upside potential Completely rehabbed with New kitchen cabinets, new granite counter top, new tiles and purgo flooring, new paint inside and etc...Information herein is not confirmed by Listing Broker and it is Buyer's responsibility to verify & rely on their own findings. Great opportunity to rent to USC students or large family. Current Rent $2600 (4BR+2BA), $2300 (3BR+2BA), $2050 (3BR+2BA) and one vacant unit that showing at (4BR+2BA). Vacant unit is in process of signing lease for $2800 (4BR+2BA)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,880
Year Built
- Built in 1916 | Remodeled
Lot Details
- 6,656 Sq Ft Lot
- 1 Common Wall
- Masonry wall
- Density is 2-5 Units/Acre
Property Views
- City Lights
- Peek-A-Boo
- Mountain
Home Design
- Quadruplex
- Entry on the 1st floor
- Raised Foundation
Interior Spaces
- 5,080 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Oven
- Gas Cooktop
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Location
- Urban Location
Utilities
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas, sewer, trash collection
- Tax Lot 19
- Tax Tract Number 210
- Assessor Parcel Number 5054013018
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Trash Expense $360
- Water Sewer Expense $3,600
- New Taxes Expense $19,200
- Operating Expense $25,160
- Gross Income $117,732
- Net Operating Income $107,886
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 5, 2018
Sold by
Jjtj Inc
Bought by
Lawrence Eleanor R and Lawrence Barry H
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 29, 2012
Closed on
Sep 4, 2012
Sold by
The Bank Of New York Mellon
Bought by
Jjtj Inc
Seller's Agent
Elmon Leggett
Realty Excel
Buyer's Agent
Cindy Kim
REO Modern Realty Corp.
List Price
$410,000
Sold Price
$505,000
Premium/Discount to List
$95,000
23.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$328,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 11, 2012
Sold by
Elimimian Isaac and Eliminian Theresa
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Sep 27, 2005
Sold by
Elimimian Theresa E
Bought by
Elimimian Isaac I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 14, 2005
Sold by
Elimimian Isaac I
Bought by
Elimimian Theresa E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 29, 2005
Sold by
Griffin Michael B and Rodriguez Mirna
Bought by
Elimimian Theresa E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 27, 2004
Sold by
Morton Melodye Ann
Bought by
Griffin Michael B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 28, 2001
Sold by
Tingle Douglas George
Bought by
Morton Melodye Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.73%
Purchase Details
Closed on
Nov 7, 2001
Sold by
Central American Relief Foundation
Bought by
Morton Melodye Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.73%
Purchase Details
Closed on
Oct 6, 1999
Sold by
Hud
Bought by
Central American Relief Foundation
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,200
Interest Rate
7.68%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 17, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Hud
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,200
Interest Rate
7.68%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 10, 1998
Sold by
Colato Jose M and Portillo Oscar A
Bought by
Countrywide Home Loans Inc
Purchase Details
Closed on
Jul 26, 1996
Sold by
Roman Francisco Gonzalez
Bought by
Colato Jose M and Portillo Oscar A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,261
Interest Rate
8.23%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 22, 1996
Sold by
Lamore Cozetta M
Bought by
Roman Francisco Gonzalez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.8%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lawrence Eleanor R | $1,507,000 | Provident Title Company | |
| Jjtj Inc | $505,000 | Landsafe Title | |
| The Bank Of New York Mellon | $480,000 | Landsafe Title | |
| Elimimian Isaac I | -- | California Title Company | |
| Elimimian Theresa E | -- | California Title Company | |
| Elimimian Theresa E | $865,000 | California Title Company | |
| Griffin Michael B | $675,000 | Fatcola | |
| Morton Melodye Ann | -- | -- | |
| Morton Melodye Ann | $390,000 | -- | |
| Central American Relief Foundation | $226,000 | -- | |
| Hud | -- | Landsafe Title | |
| Countrywide Home Loans Inc | $307,247 | Landsafe Title | |
| Colato Jose M | $295,000 | South Coast Title | |
| Roman Francisco Gonzalez | $150,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lawrence Eleanor R | $260,000 | |
| Previous Owner | Jjtj Inc | $328,000 | |
| Previous Owner | Elimimian Theresa E | $130,500 | |
| Previous Owner | Elimimian Theresa E | $648,000 | |
| Previous Owner | Griffin Michael B | $540,000 | |
| Previous Owner | Morton Melodye Ann | $312,000 | |
| Previous Owner | Central American Relief Foundation | $304,200 | |
| Previous Owner | Colato Jose M | $282,261 | |
| Previous Owner | Roman Francisco Gonzalez | $120,000 | |
| Closed | Morton Melodye Ann | $39,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2018 04/17/18 | Sold | $1,506,763 | +1.2% | $297 / Sq Ft | |
| 04/11/2018 04/11/18 | Pending | -- | -- | -- | |
| 02/26/2018 02/26/18 | For Sale | $1,488,880 | +194.8% | $293 / Sq Ft | |
| 09/19/2012 09/19/12 | Sold | $505,000 | +23.2% | $100 / Sq Ft | View Prior Sale |
| 08/21/2012 08/21/12 | Pending | -- | -- | -- | |
| 06/29/2012 06/29/12 | For Sale | $410,000 | -- | $81 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,880 | $1,714,434 | $1,373,087 | $341,347 |
| 2024 | $20,880 | $1,680,818 | $1,346,164 | $334,654 |
| 2023 | $20,484 | $1,647,862 | $1,319,769 | $328,093 |
| 2022 | $19,544 | $1,615,552 | $1,293,892 | $321,660 |
| 2021 | $19,287 | $1,583,875 | $1,268,522 | $315,353 |
| 2019 | $18,715 | $1,537,338 | $1,230,898 | $306,440 |
| 2018 | $7,061 | $546,976 | $378,789 | $168,187 |
| 2016 | $6,709 | $525,315 | $364,081 | $161,234 |
| 2015 | $6,616 | $517,426 | $358,613 | $158,813 |
| 2014 | $6,663 | $507,292 | $351,589 | $155,703 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Kim
-
NoEmail NoEmail
N
Buyer's Agent in 2018
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,994 Total Sales
-
Elmon Leggett
E
Seller's Agent in 2012
Elmon Leggett
Realty Excel
(310) 242-3147
4 Total Sales
-
C
Buyer's Agent in 2012
Cindy Kim
REO Modern Realty Corp.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18045260
APN: 5054-013-018
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.
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
Nearby Homes
- 2920 Van Buren Place
- 2955 Van Buren Place
- 2928 S Budlong Ave
- 1435 W 30th St
- 2921 Kenwood Ave
- 2917 Kenwood Ave
- 1438 W 30th St
- 2745 Kenwood Ave
- 2717 S Budlong Ave
- 2712 Kenwood Ave
- 3110 Raymond Ave
- 1492 W 28th St
- 2647 Raymond Ave
- 3005 S Normandie Ave
- 1475 W 28th St
- 1459 W 29th St
- 1452 W Jefferson Blvd
- 2619 Raymond Ave
- 1281 W 35th St
- 2636 S Normandie Ave
- 2921 Van Buren Place
- 2921 Van Buren Place Unit 1/2
- 2919 2921 Van Buren Place
- 2919 1/2 Van Buren Place
- 2925 Van Buren Place
- 2915 Van Buren Place
- 2929 Van Buren Place
- 2909 Van Buren Place
- 2933 Van Buren Place
- 2918 Raymond Ave
- 2924 Raymond Ave
- 2912 Raymond Ave
- 2937 1/2 Van Buren Place
- 2901 Van Buren Place
- 2928 Raymond Ave
- 2908 Raymond Ave
- 2932 Van Buren Place
- 2924 Van Buren Place
- 2916 Van Buren Place
- 1582 W 29th St Unit 1