NOT LISTED FOR SALE

Estimated Value: $766,000 - $1,124,000

4 Beds
4 Baths
2,740 Sq Ft
$359/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $770,000 $281 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,551/month

66 Days on Market

About This Home

As of May 2019

Price Aggressively Modified and ready to go!! For the first time in decades, major development projects are underway in this particular area of Los Angeles. Railway transportation, new restaurants, grocery stores, boutique shops and new businesses are all slated for development in the West Adams / Jefferson Park area. Centrally located to just about everything happening in the Los Angeles area. 5 to 10 minutes from Downtown LA and approximately 15 mins from the highly anticipated and most prominant NFL Stadium that's currently under construction. The 4 units consist of all spacious 1 bedroom units that are all occupied and will be sold as such. Aggressively priced for the local area. Please see showing remarks for the showing schedule.

Last Agent to Sell the Property

Roderick McDaniel

HUNTINGTON BROWNE License #01088374 Listed on: 01/17/2019

Last Buyer's Agent

Cristina Brow

TRG Real Estate Co., Inc. License #01964062

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,911

Year Built

  • Built in 1940

Lot Details

  • 6,147 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 2,740 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5050-028-047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,911

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: No
  • Living Area: 2740
  • Year Built: 1940
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 291.61

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Water Expense: 290.00

Fee Information

  • Insurance Expense: 100.00
  • Trash Expense: 108.00

Lot Info

  • Assessed Improvement Value: 100132
  • Assessed Land Value: 100132
  • Assessor Parcel Number: 5050-028-047
  • Geocode Override: No
  • Lot Size Area: 6147

Rental Info

  • Total Actual Rent: 3842.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 7.73
  • Gross Scheduled Income: 3842.00
  • Number Of Units: 4
  • Total Annual Expense: 5280
  • Type Of Units: Quadraplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2020
Sold by
Virginia Wilton Lp
Bought by
Mao Nancy and Wang Jonathan
Current Estimated Value
$984,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Outstanding Balance
$254,737
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$729,930

Purchase Details

Closed on
Jun 1, 2020
Sold by
Virginia Wilton Lp
Bought by
Lee Hae Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Outstanding Balance
$254,737
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$729,930

Purchase Details

Closed on
May 4, 2020
Sold by
Virginia Wilton Lp
Bought by
Kalaidjian Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Outstanding Balance
$254,737
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$729,930

Purchase Details

Closed on
Apr 2, 2020
Sold by
Caryn Brown Franklin
Bought by
Pennymac Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2020
Sold by
Caryn Brown Franklin
Bought by
Pennymac Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2019
Closed on
May 3, 2019
Sold by
Mary Ann Smith Trust
Bought by
Virginia Wilton Lp
Seller's Agent
Roderick McDaniel
HUNTINGTON BROWNE
Buyer's Agent
Cristina Brow
TRG Real Estate Co., Inc.
List Price
$869,000
Sold Price
$770,000
Premium/Discount to List
-$99,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$796,081
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2012
Sold by
Smith Mary Ann
Bought by
Smith Mary Ann and The Mary Ann Smith Trust

Purchase Details

Closed on
Oct 13, 1994
Sold by
Smith Ernest C and Smith Mary Ann
Bought by
Smith Ernest C
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
Mao Nancy $355,000 Chicago Title
Lee Hae Jin $340,000 Chicago Title
Kalaidjian Andrew $385,000 Chicago Title
Pennymac Loan Services Llc -- Chicago Title
Semendyayeva Anna $390,000 Chicago Title
Pennymac Loan Services Llc -- Chicago Title
Semendyayeva Anna $390,000 Chicago Title
Virginia Wilton Lp $770,000 Lawyers Title
Smith Mary Ann -- None Available
Smith Mary Ann -- None Available
Smith Ernest C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mao Nancy $284,000
Closed Lee Hae Jin $272,000
Previous Owner Kalaidjian Andrew $308,000
Previous Owner Virginia Wilton Lp $796,081
Previous Owner Smith Mary Ann $103,000
Previous Owner Smith Ernest C $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2019 05/09/19 Sold $770,000 -3.6% $281 / Sq Ft
03/16/2019 03/16/19 Price Changed $799,000 -8.1% $292 / Sq Ft
01/17/2019 01/17/19 For Sale $869,000 -- $317 / 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 $13,911 $1,388,490 $1,108,469 $280,021
2024 $13,911 $1,118,303 $889,925 $228,378
2023 $13,648 $1,096,376 $872,476 $223,900
2022 $13,024 $1,074,879 $855,369 $219,510
2021 $12,857 $1,053,804 $838,598 $215,206
2020 $9,895 $785,400 $581,400 $204,000
2019 $6,718 $208,352 $104,176 $104,176
2018 $2,816 $204,268 $102,134 $102,134
2016 $2,672 $196,338 $98,169 $98,169
2015 $2,638 $193,390 $96,695 $96,695
2014 $2,675 $189,602 $94,801 $94,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-425038

The MLS

APN: 5050-028-047