NOT LISTED FOR SALE

Estimated Value: $642,000 - $700,000

3 Beds
3 Baths
1,960 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 07, 2021

Last sale price $552,000 $282 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,092/month

297 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • West Facing Home
  • Spanish Architecture
  • Floor Furnace
  • Rectangular Lot

About This Home

As of August 2021

This is an extraordinary opportunity to purchase income property an area that has significant upside potential (area is being completely cleaned/ fixed up to accommodate flow of traffic and visitors to new stadium ~5 miles away!) The potential - as the city of Los Angeles prepares for new sports venues, hotels, rentals, airbnb and shopping areas for the Rams stadium and 2028 OLYMPICS - is significant! Currently, the centrally located and quiet area includes a mix of multi and single family properties. This property offers 3 well-maintained and separate units that can be easily and significantly updated to grow the income considerably, in a short period of time. Several new updates, including window, partial roof, water heaters, etc.. The property is fully fenced and has plenty of outdoor space, fruit trees and 2 car driveway. Some tenants use dining room for 2nd bedroom. Excellent for a first time buyer looking to invest in income property! (owner is retiring, motivated and open to solid offers.) INQUIRE today!

Last Agent to Sell the Property

Patricia Phillips

Keller Williams R. E. Services License #00669470 Listed on: 10/14/2020

Keller Williams R. E. Services

Last Buyer's Agent

jakline yaghoob

Nelson Shelton & Associates License #02039648

Nelson Shelton & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 5,404 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Front Yard

Home Design

  • Spanish Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 3 Bedrooms
  • 1,960 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Parking

  • Parking Available
  • Driveway

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 6006028010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Not Applicable 105 Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR2
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6006028010
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 281.63

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas, Floor Furnace

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Features: Front Yard, Rectangular Lot, Paved
  • Lot Size Sq Ft: 5404.00
  • Lot Size Acres: 0.1241

Multi Family

  • Lot Size Area: 5404.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2005
Sold by
Quintana Enrique
Bought by
Quintana Ana L
Current Estimated Value
$665,583

Purchase Details

Closed on
Jun 12, 2002
Sold by
Quintana Virginia
Bought by
Quintana Enrique

Purchase Details

Closed on
Mar 13, 2002
Sold by
Montes Prospero
Bought by
Quintana Enrique and Ortega Cruz A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quintana Ana L -- --
Quintana Enrique -- Fidelity Title
Quintana Enrique $181,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quintana Enrique $144,800
Closed Quintana Enrique $18,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2021 08/07/21 Sold $552,000 +5.1% $282 / Sq Ft
12/11/2020 12/11/20 Price Changed $525,000 +5.0% $268 / Sq Ft
12/10/2020 12/10/20 Price Changed $500,000 -9.1% $255 / Sq Ft
10/14/2020 10/14/20 For Sale $550,000 -- $281 / 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 $7,261 $585,785 $477,543 $108,242
2024 $7,261 $574,300 $468,180 $106,120
2023 $7,124 $563,040 $459,000 $104,040
2022 $6,799 $552,000 $450,000 $102,000
2021 $4,001 $310,674 $143,375 $167,299
2020 $4,037 $307,489 $141,905 $165,584
2019 $3,887 $301,461 $139,123 $162,338
2018 $3,818 $295,551 $136,396 $159,155
2016 $3,636 $284,076 $131,100 $152,976
2015 $3,586 $279,810 $129,131 $150,679
2014 $3,616 $274,330 $126,602 $147,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320003687

California Regional Multiple Listing Service (CRMLS)

APN: 6006-028-010