NOT LISTED FOR SALE

Estimated Value: $911,000 - $1,161,000

3 Beds
3 Baths
1,560 Sq Ft
$633/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $855,000 $548 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,173/month

50 Days on Market

Highlights

  • Wood Flooring
  • Air Conditioning
  • Baseboard Heating
  • 3 Car Attached Garage
  • Ceiling Fan
  • Gated Home

About This Home

As of August 2021

Located in the burgeoning Jefferson Park section of Los Angeles, this rare 3-unit is perfect for an end-user or value-add buyer. All units are currently occupied with a monthly rent roll of $4,622. The property also features a 3-car covered garage and a gated fence. Current rents are collectively 15% below market value. Dubbed as the soul of the city because of its strong sense of community among its residents, Jefferson Park is an historic gem of a neighborhood. Situated right off the Santa Monica highway, residents can easily access any part of the city in minutes. One of the standout features of Jefferson Park is its gorgeous historic homes. The area is a mix of Edwardian, Art Deco, and Craftsman bungalow homes from the turn of the century.

Last Agent to Sell the Property

Trevor Nelson

Trevor Carl Nelson License #01495150 Listed on: 03/31/2021

Last Buyer's Agent

Trevor Nelson

Trevor Carl Nelson License #01495150 Listed on: 03/31/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,927

Year Built

  • Built in 1925

Lot Details

  • 5,603 Sq Ft Lot
  • Gated Home

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Air Conditioning
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5051-036-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,927

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: No
  • Entry Location: Ground Level - no steps
  • Living Area: 1560
  • Lot Acreage: 0.1286
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Refrigerator: 3
  • Flooring: Hardwood
  • Appliances: Cooktop - Gas
  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 560.90

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Baseboard
  • Security: Gated

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 16.13
  • Assessed Improvement Value: 127500
  • Assessed Land Percent: 83.87
  • Assessed Land Value: 663000
  • Total Assessed Value: 790500
  • Assessor Parcel Number: 5051-036-018
  • Lot Size Area: 5603

Rental Info

  • Number Leased: 3
  • Total Actual Rent: 55464.00
  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 3
  • Total Annual Expense: 28246
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Tax Info

  • Tax New: 6300.00
  • Tax Rate: 0.72
  • Tax Rate Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Aug 11, 2021
Sold by
Fin & Mae Llc
Bought by
Boettcher Chad
Seller's Agent
Trevor Nelson
Trevor Carl Nelson
Buyer's Agent
Trevor Nelson
Trevor Carl Nelson
List Price
$875,000
Sold Price
$855,000
Premium/Discount to List
-$20,000
-2.29%
Current Estimated Value
$987,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,509
Avg. Annual Appreciation
3.73%
Original Mortgage
$628,250
Outstanding Balance
$573,734
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$419,060

Purchase Details

Listed on
Mar 11, 2019
Closed on
Jul 17, 2019
Sold by
Davis Erin B and Hoffman Kimberly D
Bought by
Fin & Mae Llc
Seller's Agent
Isaac Golberg
Rodeo Realty
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$829,000
Sold Price
$775,000
Premium/Discount to List
-$54,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$536,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 28, 2019
Sold by
Gold Audra
Bought by
Davis Erin B and Hoffman Kimberly D
Seller's Agent
Isaac Golberg
Rodeo Realty
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$829,000
Sold Price
$775,000
Premium/Discount to List
-$54,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2017
Closed on
Jul 28, 2017
Sold by
Rosenthal Dorothy
Bought by
Gold Audra
Seller's Agent
Eric White
Vault Brokerage
Buyer's Agent
Federico Diaz
Millennial Realty International
List Price
$769,000
Sold Price
$702,000
Premium/Discount to List
-$67,000
-8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$526,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2015
Closed on
Oct 19, 2015
Sold by
Fernandez Waldo
Bought by
Rosenthal Dorothy
Seller's Agent
Vicky De La Cruz
Bella Home Realty
Buyer's Agent
Tyler Giles
Nourmand & Associates-BH
List Price
$464,900
Sold Price
$454,900
Premium/Discount to List
-$10,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.67%
Original Mortgage
$318,400
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2015
Sold by
Fernandez Karyn
Bought by
Fernandez Waldo

Purchase Details

Closed on
Dec 12, 2014
Sold by
Gonzalez Rafael
Bought by
Fernandez Waldo and Fernandez Karyn

Purchase Details

Closed on
Jan 6, 2014
Sold by
Jimenez Sonja
Bought by
Gonzalez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2013
Sold by
8Th Ave Llc
Bought by
Gonzalez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2012
Sold by
Davari Mohammad and Davari Farah
Bought by
8Th Ave Llc

Purchase Details

Closed on
Aug 12, 2011
Sold by
Franklin Road Investment Corporation
Bought by
Davari Mohammad and Davari Farah

Purchase Details

Closed on
May 12, 2011
Sold by
Ocwen Loan Servicing Llc
Bought by
Franklin Road Investment Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,125
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2010
Sold by
Reyes Roberto G and Reyes Martha C
Bought by
U S Bank Na and Ocwen Loan Servicing Llc

Purchase Details

Closed on
Apr 4, 2005
Sold by
Hill Davis and Hill Veronica G
Bought by
Reyes Roberto G and Reyes Martha C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2001
Sold by
Garcia Solomon A and Garcia Elena M
Bought by
Hill Davis and Hill Veronica G

Purchase Details

Closed on
May 3, 1999
Sold by
Garcia Solomon A and Garcia Elena
Bought by
Hill Davis and Hill Veronica G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boettcher Chad $855,000 Commonwealth Land Title Co
Fin & Mae Llc -- None Available
Davis Erin B $775,000 Lawyers Title Company
Gold Audra $702,000 Usa National Title
Rosenthal Dorothy $455,000 Stewart Title
Fernandez Waldo -- Stewart Title
Fernandez Waldo -- Stewart Title Of California
Gonzalez Rafael -- Provident Title
Gonzalez Rafael $348,000 Provident Title
8Th Ave Llc -- None Available
Davari Mohammad $223,000 Fidelity Title Company
Franklin Road Investment Corporation $112,500 Fidelity Van Nuys
U S Bank Na $274,000 Accommodation
Reyes Roberto G $495,000 Fidelity National Title
Hill Davis -- --
Hill Davis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boettcher Chad $628,250
Previous Owner Davis Erin B $536,900
Previous Owner Gold Audra $526,500
Previous Owner Rosenthal Dorothy $318,400
Previous Owner Gonzalez Rafael $261,000
Previous Owner Davari Mohammad $165,000
Previous Owner Franklin Road Investment Corporation $73,125
Previous Owner Reyes Roberto G $396,000
Previous Owner Hill Davis $200,000
Closed Reyes Roberto G $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $855,000 -2.3% $548 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $875,000 +12.9% $561 / Sq Ft
06/20/2019 06/20/19 Sold $775,000 -3.0% $497 / Sq Ft
03/29/2019 03/29/19 Price Changed $799,000 -3.6% $512 / Sq Ft
03/11/2019 03/11/19 For Sale $829,000 +18.1% $531 / Sq Ft
08/02/2017 08/02/17 Sold $702,000 -8.7% $450 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $769,000 +9.5% $493 / Sq Ft
06/06/2017 06/06/17 Off Market $702,000 -- --
05/16/2017 05/16/17 Price Changed $769,000 -2.5% $493 / Sq Ft
02/07/2017 02/07/17 For Sale $789,000 +73.4% $506 / Sq Ft
12/01/2015 12/01/15 Sold $454,900 -2.2% $292 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $464,900 -- $298 / 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 $10,927 $907,332 $610,194 $297,138
2024 $10,927 $889,542 $598,230 $291,312
2023 $10,719 $872,100 $586,500 $285,600
2022 $10,242 $855,000 $575,000 $280,000
2021 $9,529 $783,029 $656,734 $126,295
2020 $9,812 $790,500 $663,000 $127,500
2019 $705 $716,040 $561,000 $155,040
2018 $8,657 $702,000 $550,000 $152,000
2016 $5,661 $455,000 $325,000 $130,000
2015 $4,469 $354,952 $248,875 $106,077
2014 $3,936 $301,362 $200,908 $100,454
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-713090

The MLS

APN: 5051-036-018