NOT LISTED FOR SALE

3073 Wabash Ave Los Angeles, CA 90063

Estimated Value: $794,000 - $882,000

5 Beds
3 Baths
2,200 Sq Ft
$383/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $401,000 $182 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,082/month

23 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • 4-minute walk to Wabash Recreation Center
  • James A. Garfield Senior High School Rated A

About This Home

As of July 2014

Amazing value and ready to move in now! Live in one unit and rent the other unit to a tenant or family member to help with payments. Both units have laundry, and small patios. The larger unit has all new laminate flooring in the living space, new tile in the kitchen and new carpet in the bedrooms. The smaller unit has new tile in the kitchen and bathroom and brand new carpet in the bedroom. Vinyl windows, owners says copper plumbing, and upgraede electrical. Lots of storage and clean new fresh paint throughout. Easy to show with all new stainless steel appliances!

Last Agent to Sell the Property

Cristina Warfield

Compass License #01823970 Listed on: 05/04/2014

Compass

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1916

Lot Details

  • 4,935

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 4,935 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5229-027-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,033

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2200
  • Stories: 1
  • Year Built: 1916
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Hood Fan, Microwave, Range/Oven
  • Price Per S Q F T: 177.27

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 112200
  • Assessed Land Value: 122400
  • Assessor Parcel Number: 5229-027-019
  • Geocode Override: No
  • Lot Size Area: 4935

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2 on a lot.
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2014
Closed on
Jun 6, 2014
Sold by
Grk Properties Llc
Bought by
Gagulashvili Shalva and Alexander Shorena
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$390,000
Sold Price
$401,000
Premium/Discount to List
$11,000
2.82%
Current Estimated Value
$841,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,885
Avg. Annual Appreciation
7.15%
Original Mortgage
$300,750
Outstanding Balance
$229,834
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$637,906

Purchase Details

Closed on
Jan 24, 2014
Sold by
Inla Investments Llc
Bought by
Grk Properties Llc

Purchase Details

Listed on
Nov 27, 2012
Closed on
Jan 7, 2013
Sold by
Wells Fargo Bank Na
Bought by
Inla Investments Llc
Seller's Agent
Mark Arico
Arico & Associates, Inc.
Buyer's Agent
Rosie Botero
TAMAYO & ASSOC. R.E.
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$215,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2011
Sold by
Amaro Yolanda
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 31, 2007
Sold by
Parada Estela and Amaro Yolanda
Bought by
Amaro Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
7.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 1996
Sold by
Uribe Rogelio and Uribe Guadalupe
Bought by
Parada Estela and Amaro Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,947
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 1995
Sold by
Parada Bibiano and Uribe Gaudalupe
Bought by
Uribe Guadalupe
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
Gagulashvili Shalva $401,000 None Available
Grk Properties Llc -- None Available
Inla Investments Llc $230,000 Lsi Title Company Inc
Wells Fargo Bank Na $198,000 Landsafe Title
Amaro Yolanda -- Investors Title Co Glendale
Parada Estela $162,500 North American Title Co
Uribe Guadalupe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gagulashvili Shalva $300,750
Previous Owner Inla Investments Llc $215,000
Previous Owner Amaro Yolanda $365,000
Previous Owner Amaro Jaime D $150,000
Previous Owner Parada Estela $158,947
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $401,000 +2.8% $182 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
05/04/2014 05/04/14 For Sale $390,000 +69.6% $177 / Sq Ft
02/07/2013 02/07/13 Sold $230,000 +2.2% $105 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $225,000 -- $102 / 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 $6,033 $481,934 $240,367 $241,567
2024 $6,033 $472,485 $235,654 $236,831
2023 $5,921 $463,222 $231,034 $232,188
2022 $5,651 $454,140 $226,504 $227,636
2021 $5,574 $445,236 $222,063 $223,173
2020 $5,626 $440,672 $219,787 $220,885
2019 $5,411 $432,032 $215,478 $216,554
2018 $5,319 $423,561 $211,253 $212,308
2016 $5,069 $407,115 $203,050 $204,065
2015 $4,996 $401,000 $200,000 $201,000
2014 $3,047 $231,044 $150,681 $80,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-753085

The MLS

APN: 5229-027-019