NOT LISTED FOR SALE

Estimated Value: $993,103 - $1,367,000

5 Beds
5 Baths
2,270 Sq Ft
$492/Sq Ft Est. Value

Last Sold May 31, 2015

Last sale price $535,000 $236 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,809/month

49 Days on Market

Highlights

  • Ceiling Fan
  • Abraham Lincoln High School Rated A
  • 1-Story Property

About This Home

As of May 2015

Beat the high cost of housing in Los Angeles Buy a 3 or 4 Unit building! Perfect owner user in a location rapidly gaining popularity with the hip set, just minutes from downtown. Right in the path of progress. Owner's 3 bed 2 bath ( Can be Vacant) on a large lot! You can buy this property with just 3% Down as an owner occupied purchase. Huge Upside. GRM of 11.44

Last Agent to Sell the Property

Robert Massopust

Robert Massopust License #01278332 Listed on: 10/08/2014

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,309

Year Built

  • Built in 1935

Lot Details

  • 0.26

Interior Spaces

  • 2,270 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • 2 Carport Spaces
  • Driveway

Additional Features

  • 0.26 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,309

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2270
  • Stories: 1
  • Year Built: 1935
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 245.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Additions Alterations: Yes
  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 11280

Rental Info

  • Total Actual Rent: 1.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.99
  • Number Of Units: 3
  • Rent Control: 75
  • Total Annual Expense: 1
  • Type Of Units: Tri/fourplex
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2017
Sold by
Cobar Larry N and Cobar Allison S
Bought by
Griffin Triplex Llc
Current Estimated Value
$1,115,776

Purchase Details

Closed on
Jan 14, 2015
Sold by
Cobar Allison
Bought by
Cobar Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,887
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2014
Sold by
Massopust Robert and Massopust Kristina
Bought by
Cobar Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,887
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 2008
Sold by
Massopust Rob
Bought by
Massopust Rob and Massopust Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,940
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Sartor Kristina
Bought by
Massopust Rob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Toh Peng Kiat and Toh Aloisi Sytu
Bought by
Massopust Rob and Sartor Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
5.98%
Mortgage Type
Seller Take Back
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
Griffin Triplex Llc -- None Available
Cobar Larry N -- None Available
Cobar Larry -- Lawyers Title Company
Cobar Larry $537,000 Lawyers Title
Massopust Rob -- Chicago Title Company
Massopust Rob -- North American Title Company
Massopust Rob $401,500 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cobar Larry $353,500
Previous Owner Cobar Larry $348,887
Previous Owner Massopust Rob $20,000
Previous Owner Massopust Rob $389,940
Previous Owner Massopust Rob $250,000
Previous Owner Massopust Rob $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2015 05/31/15 Sold $535,000 -16.1% $236 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $637,500 -- $281 / Sq Ft
Source: The MLS

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 $9,309 $731,957 $480,737 $251,220
2024 $9,309 $717,606 $471,311 $246,295
2023 $8,088 $620,036 $462,070 $157,966
2022 $7,730 $607,879 $453,010 $154,869
2021 $7,634 $595,961 $444,128 $151,833
2019 $7,417 $578,287 $430,956 $147,331
2018 $7,266 $566,949 $422,506 $144,443
2016 $6,947 $544,935 $406,100 $138,835
2015 $5,292 $406,020 $268,657 $137,363
2014 $5,328 $398,068 $263,395 $134,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-800253

The MLS

APN: 5206-012-031