NOT LISTED FOR SALE

Estimated Value: $684,848 - $793,000

2 Beds
3 Baths
1,921 Sq Ft
$377/Sq Ft Est. Value

Last Sold January 31, 2018

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

Est. 11% increase in value since last sale

Current estimated payment $4,822/month

68 Days on Market

About This Home

As of January 2018

Excellent opportunity to own and develop an income property right next to the Crenshaw Transit Corridor. The future of real estate in Los Angeles County centers around the transit corridors and this current triplex sits blocks away from the major metro station of Crenshaw and Slauson. You have the opportunity to acquire the income generating property and completely redevelop it, or add units to the back. The existing C2 zoning allows for 16 units to be built by right. The units may be delivered vacant for the right price offer, or you can buy it and keep the tenants and build on the back where there is space to build. Owner has a real estate broker license and a general contractor license. Buyer to conduct their own due diligence and

Last Agent to Sell the Property

Ronald Escobar

eXp Realty of California Inc License #01460645 Listed on: 11/15/2017

Last Buyer's Agent

Ronald Escobar

eXp Realty of California Inc License #01460645 Listed on: 11/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,248

Year Built

  • Built in 1951

Lot Details

  • 6,300

Home Design

  • Triplex

Interior Spaces

  • 1,921 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Shared Driveway

Additional Features

  • 6,300 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4006-010-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,248

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1921
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 343.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Shared Driveway
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 76500
  • Assessed Land Value: 255000
  • Assessor Parcel Number: 4006-010-008
  • Geocode Override: No
  • Lot Size Area: 6300

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.37
  • Number Of Units: 3
  • Total Annual Expense: 13780
  • Type Of Units: triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2020
Sold by
Le Kathleen C and Le Andy
Bought by
Le Andy
Current Estimated Value
$724,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2020
Sold by
Phal Llc
Bought by
Le Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2018
Sold by
Le Andy M
Bought by
Phai Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jan 16, 2018
Sold by
Escobar Ronald O
Bought by
Le Andy M
Seller's Agent
Ronald Escobar
eXp Realty of California Inc
Buyer's Agent
Ronald Escobar
eXp Realty of California Inc
List Price
$660,000
Sold Price
$650,000
Premium/Discount to List
-$10,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%
Original Mortgage
$487,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jan 12, 2018
Sold by
Le Kathleen C
Bought by
Le Andy M
Seller's Agent
Ronald Escobar
eXp Realty of California Inc
Buyer's Agent
Ronald Escobar
eXp Realty of California Inc
List Price
$660,000
Sold Price
$650,000
Premium/Discount to List
-$10,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2015
Sold by
Escobar Charyl L
Bought by
Escobar Ronald O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2015
Sold by
Clark Charles
Bought by
Escobar Ronald O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2015
Sold by
Clark Charles D
Bought by
Hollyvale Rental Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2002
Sold by
Asberry Bobby C
Bought by
Clark Charles

Purchase Details

Closed on
Jan 4, 2002
Sold by
Morgan Allan
Bought by
Asberry Bobby C

Purchase Details

Closed on
May 13, 1998
Sold by
Asberry Bobby C
Bought by
Morgan Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
10.62%

Purchase Details

Closed on
Jul 27, 1995
Sold by
Floyd Maru and Floyd Dollina
Bought by
Asberry Bobby C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.63%
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
Le Andy -- Orange Coast Title Company
Le Andy -- Orange Coast Title Company
Phai Llc -- Pacific Coast Title Company
Le Andy M $650,000 Pacific Coast Title Company
Le Andy M -- Pacific Coast Title Company
Escobar Ronald O -- None Available
Escobar Ronald O $325,000 None Available
Hollyvale Rental Holdings Llc $168,604 None Available
Clark Charles $187,000 Fidelity Title
Asberry Bobby C -- --
Morgan Allan $190,000 South Coast Title
Asberry Bobby C $125,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Andy $472,600
Previous Owner Le Andy $476,000
Previous Owner Le Andy M $487,500
Previous Owner Le Andy M $507,000
Previous Owner Escobar Ronald O $350,000
Previous Owner Escobar Ronald O $260,000
Previous Owner Escobar Ronald O $260,000
Previous Owner Clark Charles D $150,000
Previous Owner Morgan Allan $135,000
Previous Owner Asberry Bobby C $112,500
Closed Morgan Allan $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $650,000 -1.5% $338 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $660,000 0.0% $344 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $660,000 -- $344 / 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 $10,248 $836,635 $333,560 $503,075
2024 $10,248 $820,231 $327,020 $493,211
2023 $10,056 $804,149 $320,608 $483,541
2022 $9,598 $788,382 $314,322 $474,060
2021 $8,422 $683,265 $478,286 $204,979
2020 $8,506 $676,260 $473,382 $202,878
2019 $8,175 $663,000 $464,100 $198,900
2018 $4,330 $338,130 $260,100 $78,030
2016 $4,131 $325,000 $250,000 $75,000
2015 $2,944 $225,337 $165,090 $60,247
2014 $2,975 $220,924 $161,857 $59,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-289826

The MLS

APN: 4006-010-008