Seller's Agent in 2018
Ray Fernandez
NextMove Real Estate
(562) 400-7004
201 Total Sales
305 E 36th St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $637,000 - $859,000
4
Beds
4
Baths
1,988
Sq Ft
$372/Sq Ft
Est. Value
About This Home
As of April 2018Reduced AGAIN for a quick sale!! Incredible Opportunity to own a 4 plex in the heart of LA. All units (all 1 bed/1 bath) have been remodeled with tile floors throughout. Investors will have top of the market rents, very low maintenance and a HIGH rental demand in the community. Units are always rented with long term tenants and have been quickly rented in the past. The tenants love the location because of its close proximity to downtown, local factories, textile industry, schools, shopping, etc…
Last Agent to Sell the Property
NextMove Real Estate License #01895143 Listed on: 11/16/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,359
Year Built
- Built in 1921
Lot Details
- 4,895 Sq Ft Lot
- No Units Above
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- On-Street Parking
Home Design
- 1,988 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 5120014006
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $100
- Water Sewer Expense $400
- New Taxes Expense $7,700
- Operating Expense $500
- Gross Income $44,796
- Net Operating Income $38,796
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 16, 2019
Sold by
Pezeshki Bryan and Naeim Behnaz
Bought by
Bab Properties Llc
Current Estimated Value
Purchase Details
Closed on
Feb 7, 2018
Sold by
Aguillon Steve
Bought by
Naeim Arash and Naeim Belnaz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2018
Sold by
Adsas Family Lp
Bought by
Aguillon Steve and Adsas Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2012
Sold by
Adsas Flp
Bought by
Adsas Family Trust
Purchase Details
Closed on
Jan 26, 2006
Sold by
Aguillon Steve
Bought by
The Adsas Family Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 15, 2005
Sold by
Smith Belvin Kent and Estate Of Ruth Mcneill
Bought by
Aguillon Steve
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Bab Properties Llc | -- | None Available | |
| Naeim Arash | $550,000 | Ticor Title | |
| Aguillon Steve | -- | Ticor Title Co | |
| Adsas Family Trust | -- | None Available | |
| The Adsas Family Lp | -- | None Available | |
| Aguillon Steve | $452,500 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Naeim Arash | $412,300 | |
| Previous Owner | Naeim Arash | $412,500 | |
| Previous Owner | Aguillon Steve | $362,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2018 04/17/18 | Sold | $550,000 | -8.3% | $277 / Sq Ft |
| 01/29/2018 01/29/18 | Price Changed | $599,999 | -3.2% | $302 / Sq Ft |
| 01/15/2018 01/15/18 | Price Changed | $619,999 | -3.1% | $312 / Sq Ft |
| 01/05/2018 01/05/18 | Price Changed | $639,999 | -3.0% | $322 / Sq Ft |
| 11/30/2017 11/30/17 | Price Changed | $659,999 | -5.7% | $332 / Sq Ft |
| 11/16/2017 11/16/17 | For Sale | $699,999 | -- | $352 / 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 | $8,359 | $674,884 | $446,205 | $228,679 |
| 2024 | $8,359 | $661,652 | $437,456 | $224,196 |
| 2023 | $8,202 | $648,679 | $428,879 | $219,800 |
| 2022 | $7,827 | $635,961 | $420,470 | $215,491 |
| 2021 | $7,728 | $623,492 | $412,226 | $211,266 |
| 2019 | $6,985 | $561,220 | $408,000 | $153,220 |
| 2018 | $3,543 | $270,779 | $151,513 | $119,266 |
| 2016 | $3,373 | $260,055 | $145,631 | $114,424 |
| 2015 | $3,327 | $256,150 | $143,444 | $112,706 |
| 2014 | $3,364 | $251,134 | $140,635 | $110,499 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Fernandez
-
David Moradifar
D
Buyer's Agent in 2018
David Moradifar
Compass
(213) 447-1202
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17259562
APN: 5120-014-006
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