NOT LISTED FOR SALE

318 S Mcbride Ave Los Angeles, CA 90022

Estimated Value: $829,000 - $1,036,625

2 Beds
1 Bath
2,180 Sq Ft
$437/Sq Ft Est. Value

Last Sold November 03, 2015

Last sale price $530,000 $243 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,793/month

128 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • Cottage
  • James A. Garfield Senior High School Rated A
  • No HOA
  • Two Homes on a Lot

About This Home

As of November 2015

Great 3 unit investment property renting out all 3 units or Live in one of the units and rent the other two out. All 3 units are very well maintained like move in condition. Nice remodeling in the kitchen and baths. Main house has two mirror units. Back unit is a cute little house cozy at the end of the driveway. Cozy yard areas provide opportunity for pets to play, children to have fun and to have guests. Plenty of parking behind a gated driveway. Conveniently close to freeways and shopping. Rents have huge upward potential.

Last Agent to Sell the Property

Betty Cristiano

Reliance Real Estate Services License #00474069 Listed on: 04/07/2015

Co-Listed By

Leland Wilson

Horizons Realty Group License #01006544

Last Buyer's Agent

Armando Perez

Excellence RE Real Estate, Inc. License #01352900

Excellence RE Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,149

Year Built

  • Built in 1924

Lot Details

  • 6,914 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Chain Link Fence
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Cottage
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,180 Sq Ft Home
  • Decorative Fireplace
  • French Mullion Window
  • French Doors
  • Family Room
  • Center Hall
  • Laundry Room

Kitchen

  • Gas Range
  • Ceramic Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Utilities

  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 2
  • Tax Tract Number 4190
  • Assessor Parcel Number 5247007003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,149

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 5247007003
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters, Copper Plumbing Partial, Pantry, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 243.12
  • Room Type: All Bedrooms Down, Center Hall, Family Room, Main Floor Bedroom
  • Window Features: French/Mullioned

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Lot 6500-9999, Level with Street, Near Public Transit
  • Lot Size Sq Ft: 6914.00
  • Price Per Lot Square Foot: 76.66
  • Lot Size Acres: 0.1590

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Lot Size Area: 6914.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 4190
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2016
Sold by
Medel Emmanuel and Perez Maria Guadalupe
Bought by
Medel Emmanuel and Perez Maria Guadalupe
Current Estimated Value
$951,656

Purchase Details

Closed on
Jul 28, 2015
Sold by
Zamora Ana
Bought by
Medel Emmanuel and Perez Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2015
Sold by
Schiebeck Bertha and Quan Ana Mara
Bought by
Zamora Ana

Purchase Details

Closed on
Jan 4, 2003
Sold by
Zamora Ana
Bought by
Schiebeck Bertha and Quan Ana Maria
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
Medel Emmanuel -- Lawyers Title Company
Medel Emmanuel $530,000 Lawyers Title Company
Zamora Ana -- Accommodation
Schiebeck Bertha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medel Emmanuel $520,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2015 11/03/15 Sold $530,000 -11.7% $243 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $599,900 -- $275 / 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 $9,149 $627,403 $281,740 $345,663
2024 $9,149 $615,102 $276,216 $338,886
2023 $8,747 $603,042 $270,800 $332,242
2022 $8,363 $591,219 $265,491 $325,728
2021 $8,267 $579,628 $260,286 $319,342
2020 $8,325 $573,686 $257,618 $316,068
2019 $8,029 $562,438 $252,567 $309,871
2018 $7,875 $551,411 $247,615 $303,796
2016 $1,740 $40,333 $21,299 $19,034
2015 $1,723 $39,729 $20,980 $18,749
2014 $1,734 $38,952 $20,570 $18,382
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Betty Cristiano

    Reliance Real Estate Services

  • Leland Wilson

    Seller Co-Listing Agent in 2015

    Leland Wilson

    Horizons Realty Group

    (714) 504-3862

    31 Total Sales

    Leland Wilson
    Section Image

  • A

    Buyer's Agent in 2015

    Armando Perez

    Excellence RE Real Estate, Inc.

    (562) 863-2121

    2 in this area

    51 Total Sales

    Armando Perez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15134623

California Regional Multiple Listing Service (CRMLS)

APN: 5247-007-003

California Los Angeles County Los Angeles 90022

318 S Mcbride Ave, Los Angeles, CA

This home is located at 318 S Mcbride Ave, Los Angeles, CA 90022 since 07 April 2015 and is currently estimated at $951,656, approximately $436 per square foot. This property was built in 1924. 318 S Mcbride Ave is a home located in Los Angeles County with nearby schools including Humphreys Avenue Elementary School, David Wark Griffith Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

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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