NOT LISTED FOR SALE

319 N Arizona Ave Los Angeles, CA 90022

Estimated Value: $624,575 - $797,000

4 Beds
3 Baths
1,617 Sq Ft
$465/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $422,000 $261 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,944/month

22 Days on Market

About This Home

As of November 2018

Ready to increase your portfolio? These three units have been in this family for a long time and they are ready for a new investor to re-imagine or just keep and hold. Long term tenants. Drive by only. Dogs in the premises. Submit your cash offer and will set up viewings. Immediate to major government offices, businesses and public transportation.

Last Agent to Sell the Property

Jose Leiva

Century 21 Allstars License #01219706 Listed on: 08/19/2018

Century 21 Allstars

Last Buyer's Agent

Jose Leiva

Century 21 Allstars License #01219706 Listed on: 08/19/2018

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,303

Year Built

  • Built in 1921

Lot Details

  • 8,698 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Parking Spaces

Home Design

  • 1,617 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 25
  • Assessor Parcel Number 5235025057

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Water Sewer Expense $200
  • New Taxes Expense $490
  • Operating Expense $790
  • Gross Income $1,815
  • Net Operating Income $1,815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,303

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: LCR2*
  • Property Type: Residential Income
  • Parcel Number: 5235025057
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 260.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8698.00
  • Lot Size Acres: 0.1997

Multi Family

  • Gross Income: 1815.00
  • Gross Scheduled Income: 1915.00
  • Insurance Expense: 100.00
  • Lot Size Area: 8698.0000 Square Feet
  • Net Operating Income: 1815.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 100.00
  • Rent Control: No
  • Total Expenses: 789.58

Tax Info

  • New Taxes Expense: 489.58
  • Tax Census Tract: 5305.00
  • Tax Lot: 83
  • Tax Tract Number: 025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2018
Closed on
Oct 9, 2018
Sold by
Escandon Martha G
Bought by
Escandon Daniel
Seller's Agent
Jose Leiva
Century 21 Allstars
Buyer's Agent
Jose Leiva
Century 21 Allstars
List Price
$470,000
Sold Price
$422,000
Premium/Discount to List
-$48,000
-10.21%
Current Estimated Value
$751,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,144
Avg. Annual Appreciation
8.93%
Original Mortgage
$366,000
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 19, 2018
Closed on
Oct 5, 2018
Sold by
Escandon Nidia and Escandon Daniel
Bought by
Nunez Emma
Seller's Agent
Jose Leiva
Century 21 Allstars
Buyer's Agent
Jose Leiva
Century 21 Allstars
List Price
$470,000
Sold Price
$422,000
Premium/Discount to List
-$48,000
-10.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 5, 2018
Sold by
Escandon Rohald and Escandon Daniel
Bought by
Escandon Nidia and Escandon Daniel

Purchase Details

Closed on
Jul 5, 2016
Sold by
Escandon Don
Bought by
Escandon Don and Don Escandon Family Trust

Purchase Details

Closed on
Jul 17, 2014
Sold by
Escandon Nidia
Bought by
Escandon Don

Purchase Details

Closed on
Jun 17, 2014
Sold by
Escandon Don and The Josephine M Escandon Revoc
Bought by
Escandon Don

Purchase Details

Closed on
Oct 15, 2009
Sold by
Escandon Don and Escandon Don G
Bought by
Escandon Don and Don Escandon Family Trust

Purchase Details

Closed on
Sep 6, 2000
Sold by
Escandon Josie Mora and Escandon Josephine M
Bought by
Escandon Josephine M and Josephine M Escandon Revocable
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Escandon Daniel -- North American Title Company
Nunez Emma $422,000 North American Title Company
Escandon Nidia -- None Available
Escandon Don -- None Available
Escandon Don -- Lawyers Title
Escandon Don $172,500 Lawyers Title
Escandon Don -- None Available
Escandon Josephine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Emma $500,000
Closed Nunez Emma $366,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $422,000 -10.2% $261 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $470,000 +11.4% $291 / Sq Ft
08/20/2018 08/20/18 Off Market $422,000 -- --
08/19/2018 08/19/18 For Sale $470,000 -- $291 / 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 $10,303 $724,095 $446,205 $277,890
2024 $10,303 $709,898 $437,456 $272,442
2023 $9,039 $625,090 $428,879 $196,211
2022 $8,642 $612,834 $420,470 $192,364
2021 $8,548 $600,819 $412,226 $188,593
2020 $8,609 $594,660 $408,000 $186,660
2019 $4,698 $271,263 $203,659 $67,604
2018 $4,504 $265,945 $199,666 $66,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18201955

California Regional Multiple Listing Service (CRMLS)

APN: 5235-025-057