NOT LISTED FOR SALE

Estimated Value: $730,000 - $923,000

3 Beds
2 Baths
1,613 Sq Ft
$512/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $619,000 $384 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,668/month

182 Days on Market

About This Home

As of March 2019

We are pleased to present for sale this rare single story/double lot investment opportunity located in Mt. Washington adjacent! 2928 Elm Street is comprised of 2 single story structures with (4) 1 Bedroom & 1 Bathroom Units. 2932 Elm St is comprised of a 2 Unit building with (1) 2 Bedroom & 1 Bathroom Unit and (1) 1 Bedroom & 1 Bathroom Unit. The property is situated on a large lot of 10,599 SF with plenty of parking for tenants. The property has a front yard and back yard/patio spaces for the tenants to enjoy. Properties to be sold together - will not be considered for sale individually. Rents are as of Dec 2018 3% Increase. PLEASE DO NOT DISTURB TENANTS OR WALK ON PROPERTY- DRIVE BY ONLY!

Last Agent to Sell the Property

Eric Dilanian

Remax Commercial and Investment Realty License #01951699 Listed on: 09/20/2018

Remax Commercial and Investment Realty

Co-Listed By

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010

Last Buyer's Agent

Cristina Brow

TRG Real Estate Co., Inc. License #01964062

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,077

Year Built

  • Built in 1953

Lot Details

  • 5,300 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,613 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5454-031-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,077

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1613
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 402.36

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 122400
  • Assessed Land Value: 244800
  • Assessor Parcel Number: 5454-031-004
  • Geocode Override: No
  • Lot Size Area: 5300

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.78
  • Number Of Units: 2
  • Total Annual Expense: 10947
  • Type Of Units: Investment
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Savely Kyle
Bought by
Lion Holdings Llc
Current Estimated Value
$826,500

Purchase Details

Closed on
Mar 22, 2021
Sold by
Marcia Rose Lp
Bought by
Savely Kyle

Purchase Details

Closed on
Nov 17, 2020
Sold by
Marcia Rose Lp
Bought by
Castruita Gabriel Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2020
Sold by
Marcia Rose Lp
Bought by
Warren Matthew Eric Geoffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2020
Sold by
Marcia Rose Lp
Bought by
Ceron Claudia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2018
Closed on
Feb 27, 2019
Sold by
Dakota Pacific Llc
Bought by
Marcia Rose Lp
Seller's Agent
Eric Dilanian
Remax Commercial and Investment Realty
Buyer's Agent
Cristina Brow
TRG Real Estate Co., Inc.
List Price
$649,000
Sold Price
$619,000
Premium/Discount to List
-$30,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$1,467,294
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2018
Sold by
Yale Northern Llc
Bought by
Dakota Pacific Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 21, 2016
Closed on
May 5, 2017
Sold by
Jones Gabriel
Bought by
Yale Northern Llc
Seller's Agent
Gabriel Jones
Keller Williams Realty Calabasas
Buyer's Agent
Donald Furtado
Kaufman & Broad Homes
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$375,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 27, 2015
Sold by
Jones Gabriel
Bought by
Cypress Woods Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2014
Sold by
3 P Properties Llc
Bought by
Jones Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 11, 2012
Sold by
Ng Jean and Ming Ng & Jean Ng Trust
Bought by
3 P Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lion Holdings Llc -- Accommodation
Savely Kyle $325,000 Old Republic Title Company
Castruita Gabriel Anthony $385,000 Old Republic Title Company
Warren Matthew Eric Geoffrey $445,000 Old Republic Title Company
Ceron Claudia R $385,000 Old Republic Title Company
Phan Trang $575,000 Old Republic Title Company
Galbraith Katherine $425,000 Old Republic Title Company
Marcia Rose Lp $1,388,000 Ticor Title
Dakota Pacific Llc -- Old Republic Title Company
Yale Northern Llc $500,000 Lawyers Title La
Jones Gabriel -- Lawyers Title
Jones Elizabeth -- Lawyers Title La
Cypress Woods Llc -- None Available
Jones Gabriel -- Lawyers Title
3 P Properties Llc $390,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castruita Gabriel Anthony $346,500
Previous Owner Galbraith Katherine $300,000
Previous Owner Phan Trang $517,500
Previous Owner Ceron Claudia R $335,000
Previous Owner Marcia Rose Lp $1,467,294
Previous Owner Dakota Pacific Llc $345,000
Previous Owner Jones Elizabeth $375,000
Previous Owner Cypress Woods Llc $380,000
Previous Owner Jones Gabriel $251,000
Previous Owner 3 P Properties Llc $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $619,000 0.0% $384 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
01/09/2019 01/09/19 Off Market $619,000 -- --
09/20/2018 09/20/18 For Sale $649,000 +29.8% $402 / Sq Ft
05/11/2017 05/11/17 Sold $500,000 -13.0% $310 / Sq Ft
01/17/2017 01/17/17 Price Changed $575,000 -3.4% $356 / Sq Ft
11/21/2016 11/21/16 For Sale $595,000 -- $369 / Sq Ft
Source: The MLS

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
2024 $13,077 $1,061,207 $636,724 $424,483
2023 $12,824 $1,040,400 $624,240 $416,160
2022 $12,228 $1,020,000 $612,000 $408,000
2021 $12,079 $1,000,000 $600,000 $400,000
2020 $7,975 $637,500 $408,000 $229,500
2019 $1,253 $520,200 $395,352 $124,848
2018 $6,322 $510,000 $387,600 $122,400
2016 $1,806 $135,229 $104,023 $31,206
2015 $4,056 $133,199 $102,461 $30,738
2014 $1,801 $130,590 $100,454 $30,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-388392

The MLS

APN: 5454-031-004