NOT LISTED FOR SALE

Estimated Value: $640,000 - $693,000

5 Beds
3 Baths
1,750 Sq Ft
$383/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $600,000 $343 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,170/month

177 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Front Yard
  • Laundry Room

About This Home

As of July 2023

Great investment opportunity for Investor or Developer. This Triplex is located in South Los Angeles minutes away from Downtown LA, SoFi Stadium and the 110 and 105 freeways. The property is zoned R2. Front unit is a 3 Bed/1Bath and rear units are both 1Bed/1 Bath. Main unit is separately metered and the rear units share a meter for Electricity and Gas. 1 water meter for whole property. There are 2, 1 car detached garages with additional parking. Please contact for additional information.

Last Agent to Sell the Property

Joshua Sinatra

NextHome Real Estate Rockstars License #01997563 Listed on: 10/11/2022

NextHome Real Estate Rockstars

Co-Listed By

Faith Francisco

NextHome Real Estate Rockstars License #02055563

Last Buyer's Agent

Joshua Sinatra

NextHome Real Estate Rockstars License #01997563 Listed on: 10/11/2022

NextHome Real Estate Rockstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,631

Year Built

  • Built in 1925

Lot Details

  • 6,589 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • 1,750 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 102
  • Tax Tract Number 239
  • Assessor Parcel Number 6031022018
  • $414 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $7,200
  • Fuel Expense $7,200
  • Gardener Expense $2,100
  • Insurance Expense $1,500
  • Pest Control $50
  • Water Sewer Expense $7,200
  • Operating Expense $25,200
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,631

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 7200.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 2100.00
  • Parcel Number: 6031022018
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 342.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Pest Control Expense: 50.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6589.00
  • Lot Size Acres: 0.1513

Multi Family

  • Electric Expense: 7200.00
  • Fuel Expense: 7200.00
  • Gross Income: 21000.00
  • Gross Scheduled Income: 1750.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6589.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2650.00
  • Rent Control: Yes
  • Total Expenses: 25200.00

Tax Info

  • Tax Census Tract: 2397.01
  • Tax Lot: 102
  • Tax Tract Number: 239...
  • TaxOtherAnnualAssessmentAmount: 414.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2023
Sold by
Morales Ana G
Bought by
Warren Jared
Current Estimated Value
$670,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Morales Victor M
Bought by
Morales Ana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.73%
Mortgage Type
Negative Amortization
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
Warren Jared $600,000 Ticor Title
Morales Ana G -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warren Jared $480,000
Previous Owner Morales Ana G $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $600,000 -4.0% $343 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
10/11/2022 10/11/22 For Sale $625,000 -- $357 / 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 $7,631 $612,000 $459,000 $153,000
2024 $7,631 $600,000 $450,000 $150,000
2023 $3,636 $274,065 $203,350 $70,715
2022 $3,477 $268,692 $199,363 $69,329
2021 $3,427 $263,424 $195,454 $67,970
2020 $3,455 $260,724 $193,450 $67,274
2019 $3,330 $255,612 $189,657 $65,955
2018 $3,202 $250,601 $185,939 $64,662
2016 $3,046 $240,872 $178,720 $62,152
2015 $3,003 $237,255 $176,036 $61,219
2014 $3,031 $232,608 $172,588 $60,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22219167

California Regional Multiple Listing Service (CRMLS)

APN: 6031-022-018