NOT LISTED FOR SALE

Estimated Value: $790,000 - $855,489

5 Beds
3 Baths
1,920 Sq Ft
$432/Sq Ft Est. Value

Last Sold March 14, 2017

Last sale price $465,000 $242 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,905/month

46 Days on Market

Highlights

  • Private Yard
  • Front Porch
  • Patio
  • James A. Garfield Senior High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Shed

About This Home

As of March 2017

This property presents an ideal investor opportunity. It has 5 bedrooms and 3 baths, well-kept rooms, and a gated lot. The property is already tenant occupied and the new owner does not need to worry about finding new renters. Front unit has 3 br and 1 ba, while the back unit has 2 br and 2 ba. The house is situated in an upcoming location of LA and is within 1.5 miles of the USC Health Sciences Campus. The surrounding neighborhood offers promising potential for future appreciation. Don't miss the chance to own this amazing income property!

Last Agent to Sell the Property

Kevin Dijamco

Coldwell Banker Hallmark License #01472137 Listed on: 01/26/2017

Coldwell Banker Hallmark

Co-Listed By

Winnie Xiao

Coldwell Banker Hallmark Realty License #01999888

Last Buyer's Agent

ROBERT HERNANDEZ

JohnHart Corp. License #01451802

JohnHart Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,770

Year Built

  • Built in 1974

Lot Details

  • 5,259 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Parking Lot

Home Design

  • 1,920 Sq Ft Home
  • Property Attached
  • Raised Foundation
  • Asphalt Roof

Kitchen

  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5178001027

Community Details

Overview

  • 2 Units
  • Not Applicable 105 Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $610
  • Maintenance Expense $500
  • Water Sewer Expense $1,800
  • Net Operating Income $30,558

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,770

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 6.60
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable-105
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5178001027
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 242.19

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Disposal
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 5259.00
  • Lot Size Acres: 0.1200
  • Latitude Manual: 34.04828300

Multi Family

  • Insurance Expense: 610.00
  • Lot Size Area: 5259.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 30558.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4722.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 10, 2017
Sold by
Burgos Carlos
Bought by
Ibarra Braulio Vicente
Seller's Agent
Kevin Dijamco
Coldwell Banker Hallmark
Buyer's Agent
ROBERT HERNANDEZ
JohnHart Corp.
List Price
$459,000
Sold Price
$465,000
Premium/Discount to List
$6,000
1.31%
Current Estimated Value
$829,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,372
Avg. Annual Appreciation
6.93%
Original Mortgage
$372,000
Outstanding Balance
$307,914
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$521,458

Purchase Details

Listed on
Jan 26, 2014
Closed on
Mar 13, 2014
Sold by
Moran Hugo
Bought by
Burgos Carlos
Seller's Agent
Felipe Gutierrez
Re/Max Pacific Properties
Buyer's Agent
XIO SANDOVAL
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$370,000
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
Sep 22, 2010
Sold by
Griego Consuelo Chacon and Griego Consuelo Chacon
Bought by
Moran Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,665
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2002
Sold by
Griego Consuelo Chacon
Bought by
Griego Consuelo Chacon and Griego Consuelo Chacon
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
Ibarra Braulio Vicente $465,000 North American Title Company
Burgos Carlos $370,000 Provident Title Company
Moran Hugo -- Provident Title Company
Moran Hugo $275,000 Fidelity National Title
Griego Consuelo Chacon -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibarra Braulio Vicente $372,000
Previous Owner Burgos Carlos $370,000
Previous Owner Moran Hugo $270,665
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2017 03/14/17 Sold $465,000 +1.3% $242 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $459,000 +24.1% $239 / Sq Ft
05/07/2014 05/07/14 Sold $370,000 -1.3% $193 / Sq Ft View Prior Sale
02/22/2014 02/22/14 Pending -- -- --
01/26/2014 01/26/14 For Sale $375,000 -- $195 / 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 $6,770 $544,104 $378,348 $165,756
2024 $6,770 $533,436 $370,930 $162,506
2023 $6,643 $522,977 $363,657 $159,320
2022 $6,340 $512,724 $356,527 $156,197
2021 $6,208 $498,572 $349,537 $149,035
2019 $6,013 $483,785 $339,170 $144,615
2018 $5,903 $474,300 $332,520 $141,780
2016 $4,764 $383,145 $222,949 $160,196
2015 $4,696 $377,391 $219,601 $157,790
2014 $3,625 $287,407 $129,176 $158,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 317000572

California Regional Multiple Listing Service (CRMLS)

APN: 5178-001-027