NOT LISTED FOR SALE

3315 Farnsworth Ave Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $763,000 - $851,000

5 Beds
2 Baths
1,250 Sq Ft
$655/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $430,000 $344 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,807/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Gazebo
  • Abraham Lincoln High School Rated A
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2015

Incredible Opportunity to own this duplex In a Fantastic Alhambra Adjacent, El Sereno Neighborhood! This is your opportunity to buy into what the LA Times calls the next Silver Lake.
Live In One And Rent Out The Other! Both units have been well maintained and tastefully remodeled. Front unit: 2 bedrooms and 1 bath, Back unit 3 bedrooms and 1 bath. Some of the wonderful features include a brand new Chef's kitchen with granite counter-top, Gorgeous tile and Laminate Flooring, Fresh New Paint in living room, a Laundry Room for each unit. Spacious Driveway that can accommodate multiple cars. Detached Garage located in the back yard has an additional room that can be used for multiple purposes.

Last Agent to Sell the Property

Analia Bortolo

Luxury Collective License #01502352 Listed on: 06/27/2015

Last Buyer's Agent

Analia Bortolo

Luxury Collective License #01502352 Listed on: 06/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,282

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 7,025 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,250 Sq Ft Home
  • Window Screens
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Carbon Monoxide Detectors
  • Gas Oven

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Gazebo
  • Outdoor Grill

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 595
  • Assessor Parcel Number 5219015018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $860
  • Trash Expense $360
  • Water Sewer Expense $2,640
  • New Taxes Expense $5,062
  • Operating Expense $10,422
  • Gross Income $2,500
  • Net Operating Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,282

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 8189150057
  • Other Phone Number: 8189150057
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Water Sewer Expenses: 2640.00
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5219015018
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Storage
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 344.00
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Other Structures: Gazebo
  • Exterior Features: Barbecue Private
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7025.00
  • Price Per Lot Square Foot: 61.21
  • Lot Size Acres: 0.1610

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 860.00
  • Lot Size Area: 7025.0000 Square Feet
  • Net Operating Income: 2300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Actual Rent: 2500.00
  • Total Expenses: 10422.00

Tax Info

  • New Taxes Expense: 5062.00
  • Tax Lot: 18
  • Tax Tract Number: 595-F6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2015
Closed on
Aug 7, 2015
Sold by
Hightower Jerrell
Bought by
Petra Guillermo N
Seller's Agent
Analia Bortolo
Luxury Collective
Buyer's Agent
Analia Bortolo
Keller Williams Realty Santa Monica
List Price
$405,000
Sold Price
$430,000
Premium/Discount to List
$25,000
6.17%
Current Estimated Value
$818,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,417
Avg. Annual Appreciation
6.51%
Original Mortgage
$344,000
Outstanding Balance
$270,738
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$547,679

Purchase Details

Closed on
Jan 3, 2013
Sold by
Campos Ana R and Serrano Sylvia J
Bought by
Hightower Jerrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,052
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2012
Sold by
Campos Juan C
Bought by
Campos Ana R

Purchase Details

Closed on
Jan 13, 2005
Sold by
Mora Adrian and Mora Guadalupe
Bought by
Campos Juan C and Campos Ana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Sold by
Serrano Sergio
Bought by
Serrano Sylvia J Barahona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2001
Sold by
Canzoneri Jerome P and Canzoneri Irene Patricia
Bought by
Mora Adrian and Mora Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,921
Interest Rate
7.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Petra Guillermo N $430,000 Fidelity National Title Co
Hightower Jerrell $245,500 Pacific Coast Title Company
Campos Ana R -- None Available
Campos Juan C $430,000 Alliance Title
Serrano Sylvia J Barahona -- Alliance Title
Mora Adrian $198,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petra Guillermo N $344,000
Previous Owner Hightower Jerrell $241,052
Previous Owner Campos Juan C $344,000
Previous Owner Mora Adrian $190,921
Closed Campos Juan C $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2015 08/13/15 Sold $430,000 +6.2% $344 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/27/2015 06/27/15 For Sale $405,000 +65.0% $324 / Sq Ft
03/06/2013 03/06/13 Sold $245,500 +22.8% $282 / Sq Ft View Prior Sale
11/01/2012 11/01/12 Pending -- -- --
07/07/2012 07/07/12 For Sale $200,000 -- $229 / 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 $6,282 $509,027 $355,136 $153,891
2024 $6,282 $499,047 $348,173 $150,874
2023 $6,163 $489,263 $341,347 $147,916
2022 $5,882 $479,670 $334,654 $145,016
2021 $5,804 $470,266 $328,093 $142,173
2020 $5,859 $465,445 $324,729 $140,716
2019 $5,633 $456,319 $318,362 $137,957
2018 $5,507 $447,372 $312,120 $135,252
2016 $5,304 $430,000 $300,000 $130,000
2015 $3,177 $251,540 $189,040 $62,500
2014 $3,201 $246,613 $185,337 $61,276
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Analia Bortolo

    Luxury Collective

    (818) 915-0057

    46 Total Sales

    Analia Bortolo
    Section Image

  • E

    Seller's Agent in 2013

    Edgar Salcedo

    UNITED EXECUTIVES

    (562) 320-0332

    21 Total Sales

    Edgar Salcedo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15140274

California Regional Multiple Listing Service (CRMLS)

APN: 5219-015-018

California Los Angeles County Los Angeles 90032 El Sereno

3315 Farnsworth Ave, Los Angeles, CA

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