NOT LISTED FOR SALE

3101 Phelps Ave Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $707,000 - $910,000

4 Beds
2 Baths
1,420 Sq Ft
$578/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $304,000 $214 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,768/month

About This Home

As of September 2013

Diamond in the rough duplex with a lot of potential for rent or owner occupied. This duplex property is close to many freeways, about 10 minutes from downtown LA and 5 minutes from Cal State University LA. Cosmetic fixer with schools and shopping nearby in pasadena and alhambra. The front house has the address of 3101 Phelps, the back house has the address of 4873 Gambier St.

Last Agent to Sell the Property

Ozzie Gonzalez

OG Realty Group License #01753989 Listed on: 07/17/2013

Last Buyer's Agent

Rosa Ornelas Himmelberger

License #01365769

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 1927

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,420 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 115
  • Tax Tract Number 3479
  • Assessor Parcel Number 5218012054

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $400
  • Insurance Expense $500
  • Trash Expense $300
  • Water Sewer Expense $400
  • Gross Income $1,900
  • Net Operating Income $20,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,724

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 310-528-7506
  • Property Attached: No
  • Water Sewer Expenses: 400.00
  • Property Type: Residential Income
  • Parcel Number: 5218012054
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 214.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1150

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 1900.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 500.00
  • Lot Size Area: 5001.0000 Square Feet
  • Net Operating Income: 20300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2500.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 115
  • Tax Tract Number: 3479
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2013
Closed on
Aug 15, 2013
Sold by
Roca Emma J
Bought by
Huynh Dennis N and Huynh Johnny
Seller's Agent
Ozzie Gonzalez
OG Realty Group
Buyer's Agent
Rosa Ornelas Himmelberger
List Price
$299,999
Sold Price
$304,000
Premium/Discount to List
$4,001
1.33%
Current Estimated Value
$821,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,096
Avg. Annual Appreciation
8.43%
Source: Public Records

Range of Values:

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Average Value
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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
Huynh Dennis N $304,000 Fidelity National Title Co
Roca Emma J -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Dennis N $200,000
Previous Owner Roca Emma J $65,000
Previous Owner Roca Emma J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $304,000 +1.3% $214 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $299,999 -- $211 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,724 $372,653 $262,330 $110,323
2024 $4,724 $365,347 $257,187 $108,160
2023 $4,637 $358,185 $252,145 $106,040
2022 $4,428 $351,162 $247,201 $103,961
2021 $4,370 $344,277 $242,354 $101,923
2020 $4,411 $340,747 $239,869 $100,878
2019 $4,244 $334,066 $235,166 $98,900
2018 $4,147 $327,516 $230,555 $96,961
2016 $3,957 $314,800 $221,603 $93,197
2015 $3,901 $310,073 $218,275 $91,798
2014 $3,925 $304,000 $214,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Ozzie Gonzalez

    Seller's Agent in 2013

    Ozzie Gonzalez

    OG Realty Group

    (310) 528-7506

    3 in this area

    101 Total Sales

    Ozzie Gonzalez
    Section Image

  • R

    Buyer's Agent in 2013

    Rosa Ornelas Himmelberger

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13140309

California Regional Multiple Listing Service (CRMLS)

APN: 5218-012-054

California Los Angeles County Los Angeles 90032 El Sereno

3101 Phelps Ave, Los Angeles, CA

This home is located at 3101 Phelps Ave, Los Angeles, CA 90032 since 17 July 2013 and is currently estimated at $821,096, approximately $578 per square foot. This property was built in 1927. 3101 Phelps Ave is a home located in Los Angeles County with nearby schools including Farmdale Elementary, El Sereno Middle School, and Woodrow Wilson Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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