NOT LISTED FOR SALE

3021 W Vernon Ave Los Angeles, CA 90008

Leimert Park Neighborhood

Estimated Value: $770,998 - $999,000

6 Beds
3 Baths
2,183 Sq Ft
$421/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $300,000 $137 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $5,411/month

37 Days on Market

About This Home

As of October 2012

Leimert Park area triplex. Each unit has 2 bedrooms and 1 bath. 2 units are occupied and 1 vacant for buyer to occupy. Ideal for owner user or the small investor. Parking off the alley. Property is being sold as is. No FHA unless it is a 203K Rehab loan. Hurry this great investment opportunity won't last. Not a short sale or REO, this is a standard sale. We can show the vacant unit and the remaing units are offer subject to interior inspection.

Last Agent to Sell the Property

Ted Brass

Ted Brass Real Estate Solutions License #00615106 Listed on: 06/04/2012

Last Buyer's Agent

Shareef Asadullah

R.S. Cooper & Assocs Realty License #01113661

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,817

Year Built

  • Built in 1944

Lot Details

  • 4,999

Parking

  • 3 Car Garage

Home Design

  • 2,183 Sq Ft Home
  • Triplex

Additional Features

  • 4,999 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5023-011-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,817

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2183
  • Year Built: 1944
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 136.97

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Private Garage
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 30789
  • Assessed Land Value: 21415
  • Assessor Parcel Number: 5023-011-007
  • Lot Size Area: 4999

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 8.80
  • Number Of Units: 3
  • Total Annual Expense: 6900
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2013
Sold by
Alexander Lanz
Bought by
Alexander Lanz
Current Estimated Value
$919,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Outstanding Balance
$55,000
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$863,984

Purchase Details

Closed on
Aug 3, 2012
Sold by
Brice Angel
Bought by
Alexander Lanz

Purchase Details

Closed on
Aug 27, 2008
Sold by
Clark Thomas B
Bought by
Clark Lois M and Clark Thomas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,600
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2004
Sold by
Clark Thomas B
Bought by
Clark Lois M and Clark Thomas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1999
Sold by
Gomes Lois
Bought by
Gomes Lois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
6.9%
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
Alexander Lanz -- Arista National Title
Alexander Lanz -- Arista National Title
Alexander Lanz $300,000 Fidelity National Title Co
Clark Lois M -- Fidelity National Title Co
Clark Thomas B -- Accommodation
Clark Lois M -- --
Clark Thomas B -- Sutic
Gomes Lois M -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Lanz $198,000
Previous Owner Clark Thomas B $240,600
Previous Owner Clark Thomas B $212,000
Previous Owner Gomes Lois M $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $300,000 +0.3% $137 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $299,000 -- $137 / 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
2025 $4,817 $369,415 $258,594 $110,821
2024 $4,817 $362,173 $253,524 $108,649
2023 $4,735 $355,072 $248,553 $106,519
2022 $4,532 $348,111 $243,680 $104,431
2021 $4,466 $341,286 $238,902 $102,384
2019 $4,341 $331,366 $231,817 $99,549
2018 $4,254 $324,873 $227,272 $97,601
2016 $4,058 $312,068 $218,448 $93,620
2015 $4,003 $307,381 $215,167 $92,214
2014 $4,036 $301,361 $210,953 $90,408
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Ted Brass

    Ted Brass Real Estate Solutions

    Section Image

  • S

    Buyer's Agent in 2012

    Shareef Asadullah

    R.S. Cooper & Assocs Realty

See All Agents

Map

Source: The MLS

MLS Number: 12-605723

The MLS

APN: 5023-011-007

California Los Angeles County Los Angeles 90008 Leimert Park

3021 W Vernon Ave, Los Angeles, CA

This home is located at 3021 W Vernon Ave, Los Angeles, CA 90008 since 04 June 2012 and is currently estimated at $919,500, approximately $421 per square foot. This property was built in 1944. 3021 W Vernon Ave is a home located in Los Angeles County with nearby schools including Forty-Second Street Elementary School, Audubon Middle School, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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