NOT LISTED FOR SALE

3212 Lanfranco St Los Angeles, CA 90063

Estimated Value: $1,067,000 - $1,265,072

8 Beds
4 Baths
2,832 Sq Ft
$411/Sq Ft Est. Value

Last Sold January 23, 2017

Last sale price $700,000 $247 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,137/month

7 Days on Market

About This Home

As of January 2017

Must Come and See This Great Investment Opportunity, Large 2-Story Quadruplex in Boyle Heights Desirable Area. Very Spacious 4 Unit Apartments with Plenty of Parking. Fully Occupied and Ready to Take Over. Similar Quadruplex right next door at 3216 Lanfranco St. for Sale, can buy together and have 8 Very Spacious Units Fully Occupied. This Great Investment is Close to Public Transportation & Restaurants. These Properties Won't Last Long! Schedule an Appointment Today!

Last Agent to Sell the Property

Olga Hooks

The Agency License #01324954 Listed on: 11/02/2016

The Agency

Last Buyer's Agent

Olga Hooks

The Agency License #01324954 Listed on: 11/02/2016

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,127

Year Built

  • Built in 1964

Lot Details

  • 7,975 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2,832 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5186-004-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,127

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2832
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 256.00

Exterior Features

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

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 229600
  • Assessed Land Value: 269400
  • Assessor Parcel Number: 5186-004-029
  • Geocode Override: No
  • Lot Size Area: 7975

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Quadruplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2016
Sold by
Diaz Sergio and Diaz Enriqueta
Bought by
Chen Xu and Mu Fanrong
Current Estimated Value
$1,164,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2005
Sold by
Fontaine Guillermo and Fontaine Yaquenli M
Bought by
Diaz Sergio and Diaz Enriqueta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
7.47%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 8, 2003
Sold by
Pastoriza Luis M and Pastoriza Ida C
Bought by
Fontaine Guillermo and Fontaine Yaquenli M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
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
Chen Xu $700,000 Pacific Coast Title
Diaz Sergio $640,000 Equity Title Company
Fontaine Guillermo $338,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xu $500,000
Previous Owner Chen Xu $525,000
Previous Owner Diaz Sergio $77,438
Previous Owner Diaz Sergio $512,000
Previous Owner Fontaine Guillermo $340,000
Previous Owner Fontaine Guillermo $332,000
Previous Owner Fontaine Guillermo $270,000
Previous Owner Pastoriza Luis M $144,000
Closed Fontaine Guillermo $33,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2017 01/23/17 Sold $700,000 -3.4% $247 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $725,000 -- $256 / 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 $10,127 $812,404 $584,932 $227,472
2024 $10,127 $796,475 $573,463 $223,012
2023 $9,937 $780,859 $562,219 $218,640
2022 $9,487 $765,549 $551,196 $214,353
2021 $9,363 $750,539 $540,389 $210,150
2019 $9,091 $728,279 $524,361 $203,918
2018 $8,963 $714,000 $514,080 $199,920
2016 $6,324 $499,000 $269,400 $229,600
2015 $5,860 $460,000 $248,300 $211,700
2014 $6,014 $460,000 $248,300 $211,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-175380

The MLS

APN: 5186-004-029