NOT LISTED FOR SALE

Estimated Value: $824,000 - $935,736

4 Beds
4 Baths
1,860 Sq Ft
$471/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $625,000 $336 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,495/month

51 Days on Market

Highlights

  • Bungalow
  • Gated Home
  • 1-Story Property

About This Home

As of November 2020

Great cash flow triplex with a 4th non conforming unit, conveniently located in close proximity to the 110 fwy, downtown LA, the Banc of California stadium, public transportation, shopping, houses of worship, eateries and more. The large 3 bedroom 2 bath (1 bath not permitted) front home has been recently remodeled. 3 of the 4 units are currently occupied. The owner has submitted plans with the City to get the 4th non-conforming unit permitted (construction plans and permits to get the 4th unit permitted are in the process of being permitted by the City and will be transferred to buyer upon completion). The property is fenced and gated for security and privacy, there are 3 onsite uncovered parking spots. Please do not walk on property or contact tenants. The property is being sold as is and with tenants (back tenants are month to month), no credits or repairs will be offered by seller. See attached link for a 3D rendering of the 4th unit. https://youtu.be/p9sMN01Vs9c

Last Agent to Sell the Property

Rafi Ekmekian

eXp Realty of California Inc License #01717378 Listed on: 08/17/2020

eXp Realty of California Inc

Last Buyer's Agent

Rafi Ekmekian

eXp Realty of California Inc License #01717378 Listed on: 08/17/2020

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,454

Year Built

  • Built in 1913

Lot Details

  • 5,406 Sq Ft Lot
  • Gated Home

Home Design

  • Bungalow

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Parquet Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 5110-009-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,454

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1860
  • Lot Acreage: 0.1241
  • Probate: No
  • Stories: 1
  • Year Built: 1913
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Parquet
  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 344.09

Exterior Features

  • Other Structures: Other
  • View: No

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Security: Gated
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 24.90
  • Assessed Improvement Value: 68180
  • Assessed Land Percent: 75.1
  • Assessed Land Value: 205627
  • Total Assessed Value: 273807
  • Assessor Parcel Number: 5110-009-023
  • Lot Size Area: 5406

Rental Info

  • Total Actual Rent: 45670.20
  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.36
  • Number Of Units: 3
  • Total Annual Expense: 10500
  • Type Of Units: NA
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Oct 16, 2020
Sold by
Jauregui Cynthia
Bought by
Guzman Ashley V and Guzman Gisela C
Seller's Agent
Rafi Ekmekian
eXp Realty of California Inc
Buyer's Agent
Rafi Ekmekian
eXp Realty of California Inc
List Price
$640,000
Sold Price
$625,000
Premium/Discount to List
-$15,000
-2.34%
Current Estimated Value
$859,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,769
Avg. Annual Appreciation
7.42%
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 23, 2018
Sold by
Omrani Ebrahim and Lalezar Nadia
Bought by
Jauregui Cynthia
Seller's Agent
Austin Brunkhorst
Compass
Buyer's Agent
Shanti Hoffman
Hoffman Theus
List Price
$495,000
Sold Price
$478,000
Premium/Discount to List
-$17,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$358,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2016
Sold by
Vank Llc
Bought by
Omrani Ebrahim and Lalezar Nadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
U S Bank National Association
Bought by
Vank Llc

Purchase Details

Closed on
Jun 8, 2011
Sold by
Yang Samuel
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 20, 2003
Sold by
Wong Kenneth C and Kenneth C Wong Trust
Bought by
Yang Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2000
Sold by
Wong Kenneth C
Bought by
Wong Kenneth C and The Kenneth C Wong Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8%

Purchase Details

Closed on
Nov 2, 2000
Sold by
Wong Kenneth C and The Kenneth C Wong Trust
Bought by
Wong Kenneth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8%

Purchase Details

Closed on
Jul 12, 2000
Sold by
Budget National Finance Company
Bought by
Wong Kenneth C and Kenneth C Wong Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 9, 1998
Sold by
Federal National Mortgage Association
Bought by
Kja Investment Properties Inc and Kjw Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.86%

Purchase Details

Closed on
Apr 24, 1998
Sold by
Trujillo Raul
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Guzman Ashley V $625,000 Fidelity National Title Co
Jauregui Cynthia $478,000 Equity Title Company
Omrani Ebrahim -- Usa National Title
Vank Llc $175,500 Placer Title Company
U S Bank National Association $196,000 Accommodation
Yang Samuel $310,000 Investors Title Company
Wong Kenneth C -- --
Wong Kenneth C -- United Title Company
Wong Kenneth C $125,000 --
Budget National Finance Company $134,128 --
Kja Investment Properties Inc $120,000 Chicago Title Co
Federal National Mortgage Association $123,923 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Hernandez Guillermo $562,500
Closed Guzman Ashley V $500,000
Previous Owner Jauregui Cynthia $358,500
Previous Owner Omrani Ebrahim $246,000
Previous Owner Yang Samuel $35,100
Previous Owner Yang Samuel $149,750
Previous Owner Yang Samuel $40,000
Previous Owner Yang Samuel $248,000
Previous Owner Wong Kenneth C $120,000
Previous Owner Wong Kenneth C $170,000
Previous Owner Wong Kenneth C $100,000
Previous Owner Kja Investment Properties Inc $18,000
Previous Owner K J A Investment Properties Inc $8,000
Previous Owner Kja Investment Properties Inc $112,000
Closed Yang Samuel $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $625,000 -2.3% $336 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $640,000 0.0% $344 / Sq Ft
09/20/2020 09/20/20 Price Changed $640,000 +3.4% $344 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $619,000 +29.5% $333 / Sq Ft
08/31/2018 08/31/18 Sold $478,000 -3.4% $257 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $495,000 -- $266 / 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 $9,454 $768,417 $372,355 $396,062
2024 $9,454 $753,351 $365,054 $388,297
2023 $8,185 $650,249 $357,897 $292,352
2022 $7,810 $637,500 $350,880 $286,620
2021 $7,711 $625,000 $344,000 $281,000
2020 $6,213 $487,560 $306,000 $181,560
2019 $5,975 $478,000 $300,000 $178,000
2018 $3,618 $279,282 $209,739 $69,543
2016 $3,445 $268,440 $201,596 $66,844
2015 $3,398 $264,408 $198,568 $65,840
2014 $3,428 $259,230 $194,679 $64,551
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-619356

The MLS

APN: 5110-009-023