NOT LISTED FOR SALE

3151 W 74th St Los Angeles, CA 90043

Hyde Park Neighborhood

Estimated Value: $796,000 - $1,017,173

3 Beds
2 Baths
1,760 Sq Ft
$503/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $614,000 $349 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,334/month

14 Days on Market

About This Home

As of April 2020

Don't miss this amazing opportunity to own in Inglewood. Great property for living in one and renting the others or as an investment property collecting rental income, whichever option you prefer this awesome deal is waiting for you. This fantastic property is located in a highly desirable area and offers excellent visibility on a corner lot near the Stadium / Entertainment District. Please do not disturb tenants.

Last Agent to Sell the Property

Shawn Nejad

Vista Sotheby's International Realty License #01084309 Listed on: 01/17/2020

Vista Sotheby's International Realty

Last Buyer's Agent

Manou Cohen

California Dream Houses Corp License #01221415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,297

Year Built

  • Built in 1941

Lot Details

  • 7,388 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,760 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 3700
  • Assessor Parcel Number 4012002014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $652
  • Maintenance Expense $1,572
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,812
  • Operating Expense $12,076
  • Gross Income $31,440
  • Net Operating Income $20,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,297

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 4012002014
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 348.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Walkstreet, Yard
  • Lot Size Sq Ft: 7388.00
  • Lot Size Acres: 0.1696

Multi Family

  • Gross Income: 31440.00
  • Gross Scheduled Income: 31440.00
  • Insurance Expense: 652.00
  • Lot Size Area: 7388.0000 Square Feet
  • Maintenance Expense: 1572.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 20936.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10504.00
  • Rent Control: Yes
  • Total Expenses: 12076.00

Tax Info

  • New Taxes Expense: 7812.00
  • Tax Census Tract: 2352.02
  • Tax Lot: 40
  • Tax Tract Number: 3700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 6, 2020
Sold by
Rhodes Barbara A and Rhodes Russell
Bought by
Navidi Niaz
Seller's Agent
Shawn Nejad
Vista Sotheby's International Realty
Buyer's Agent
Manou Cohen
California Dream Houses Corp
List Price
$625,000
Sold Price
$614,000
Premium/Discount to List
-$11,000
-1.76%
Current Estimated Value
$885,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,293
Avg. Annual Appreciation
6.85%
Original Mortgage
$593,507
Interest Rate
2.75%
Mortgage Type
FHA
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
Navidi Niaz $614,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Navidi Niaz $593,507
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2020 04/01/20 Sold $614,000 -1.8% $349 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $625,000 -- $355 / 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 $8,297 $671,495 $437,456 $234,039
2024 $8,297 $658,329 $428,879 $229,450
2023 $8,144 $645,421 $420,470 $224,951
2022 $7,777 $632,767 $412,226 $220,541
2021 $7,676 $620,361 $404,144 $216,217
2020 $2,540 $179,708 $93,698 $86,010
2019 $2,452 $176,185 $91,861 $84,324
2018 $2,343 $172,731 $90,060 $82,671
2016 $2,229 $166,025 $86,564 $79,461
2015 $2,200 $163,532 $85,264 $78,268
2014 $2,223 $160,329 $83,594 $76,735
Source: Public Records

Agents Affiliated with this Home

  • Shawn Nejad

    Seller's Agent in 2020

    Shawn Nejad

    Vista Sotheby's International Realty

    (310) 938-1849

    94 Total Sales

    Shawn Nejad
    Section Image

  • M

    Buyer's Agent in 2020

    Manou Cohen

    California Dream Houses Corp

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20010483

California Regional Multiple Listing Service (CRMLS)

APN: 4012-002-014

California Los Angeles County Los Angeles 90043 Hyde Park

3151 W 74th St, Los Angeles, CA

This home is located at 3151 W 74th St, Los Angeles, CA 90043 since 17 January 2020 and is currently estimated at $885,293, approximately $503 per square foot. This property was built in 1941. 3151 W 74th St is a home located in Los Angeles County with nearby schools including Seventy-Fourth Street Elementary School, Horace Mann Ucla Community, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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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