NOT LISTED FOR SALE

323 N Herbert Ave Los Angeles, CA 90063

Estimated Value: $654,000 - $887,580

5 Beds
4 Baths
1,922 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $650,000 $338 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,842/month

9 Days on Market

Highlights

  • No HOA
  • Back and Front Yard
  • 1-Story Property

About This Home

As of May 2024

Property is a TWO unit with unpermitted divisions.

Last Agent to Sell the Property

Jose Manjarrez

eHomes Brokerage Phone: 562-746-1831 License #01829173 Listed on: 03/25/2024

eHomes

Co-Listed By

Anthony Manjarrez

eHomes Brokerage Phone: 562-746-1831 License #02059022

eHomes

Last Buyer's Agent

Anthony Manjarrez

eHomes Brokerage Phone: 562-746-1831 License #02059022

eHomes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,514 Sq Ft Lot
  • Two or More Common Walls
  • Back and Front Yard

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 1,922 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Legal Lot and Block 4 / I
  • Tax Tract Number 932
  • Assessor Parcel Number 5233009004
  • $1,192 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,382
  • Other Expense $3,582
  • Operating Expense $3,582
  • Gross Income $66,300
  • Net Operating Income $66,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

7,514 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Zoning: LCR2*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5233009004
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 338.19

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7514.00
  • Lot Size Acres: 0.1725

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 66300.00
  • Gross Scheduled Income: 66300.00
  • Insurance Expense: 2382.00
  • Lot Size Area: 7514.0000 Square Feet
  • Net Operating Income: 66300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Other Expense: 3582.00
  • Rent Control: Yes
  • Total Expenses: 3582.00

Tax Info

  • Tax Block: I
  • Tax Census Tract: 5311.02
  • Tax Lot: 4
  • Tax Tract Number: 932
  • TaxOtherAnnualAssessmentAmount: 1192.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 3, 2024
Sold by
Ye Jian Ping
Bought by
Ou Nicole
Seller's Agent
Jose Manjarrez
eHomes
Buyer's Agent
Anthony Manjarrez
eHomes
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%
Views
13
Current Estimated Value
$771,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,145
Avg. Annual Appreciation
9.68%

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 15, 2024
Sold by
Rosillo Daniel and Rocillo Jose Roberto
Bought by
Ou Nicole
Seller's Agent
Jose Manjarrez
eHomes
Buyer's Agent
Anthony Manjarrez
eHomes
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%
Views
13

Purchase Details

Closed on
Nov 4, 2022
Sold by
Rosillo Jose and Rosillo Maricela
Bought by
Rosillo Daniel and Rocillo Jose Roberto

Purchase Details

Closed on
Jan 30, 1995
Sold by
Vargas Ruperta
Bought by
Rosillo Jose and Rosillo Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Interest Rate
9.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ou Nicole -- Homelight Title
Ou Nicole $650,000 Homelight Title
Rocillo Jose Roberto -- Homelight Title
Rosillo Daniel -- None Listed On Document
Rosillo Jose $164,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosillo Jose $155,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $650,000 -18.6% $338 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $799,000 -- $416 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,963 $663,000 $408,000 $255,000
2024 $9,963 $724,200 $510,000 $214,200
2023 $4,254 $264,746 $129,145 $135,601
2022 $4,081 $259,556 $126,613 $132,943
2021 $4,028 $254,468 $124,131 $130,337
2020 $4,049 $251,860 $122,859 $129,001
2019 $3,918 $246,922 $120,450 $126,472
2018 $3,774 $242,082 $118,089 $123,993
2016 $3,610 $232,683 $113,504 $119,179
2015 $3,559 $229,189 $111,800 $117,389
2014 $3,564 $224,700 $109,610 $115,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24056450

California Regional Multiple Listing Service (CRMLS)

APN: 5233-009-004

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