NOT LISTED FOR SALE

Estimated Value: $1,075,000 - $1,627,000

5 Beds
3 Baths
2,460 Sq Ft
$575/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $699,000 $284 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $8,581/month

89 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Bay Window
  • John Marshall Senior High Rated A
  • 4 Car Garage
  • North Facing Home

About This Home

As of March 2014

Well maintained property with charming units at a family oriented, friendly community. Hardwood floors and decorative fireplaces at the 1Brs. This location is in between the City of Los Angeles and Glendale where you drive to work and go marketing/shopping without getting into freeways. You however, do have the easy accessibility to the freeways if you need to drive further. 3(three) units property excellent for an owner to occupy one unit and leave the rest for renters to help pay the mortgage. Visual inspection is subject to an accepted offer. SHORT OPEN HOUSE FOR ALL THE UNITS, Sunday Feb. 9, 11:AM to Noon.

Last Agent to Sell the Property

Chona Galvez

Century 21 Hollywood License #01109350 Listed on: 11/07/2013

Century 21 Hollywood

Co-Listed By

Edward Frish

Century 21 Hollywood License #01252271

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,518

Year Built

  • Built in 1940

Lot Details

  • 5,402 Sq Ft Lot
  • North Facing Home

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • 3 Carport Spaces
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 2,460 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Bay Window
  • Mountain Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, gas
  • The owner pays for water
  • Assessor Parcel Number 5436-012-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,518

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2460
  • Stories: 2
  • Year Built: 1940
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 284.15
  • Windows: Bay Window

Exterior Features

  • Direction Faces: North
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Carport Spaces: 3
  • Garage Spaces: 4
  • Other Spaces: 2
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Detached, Driveway, Garage - 1 Car, Garage - 2 Car, Garage - 3 Car, Garage Is Detached
  • Total Parking: 5

Utilities

  • Heating: Wall
  • Water: District
  • Water Expense: 1200.00

Fee Information

  • Insurance Expense: 1268.00
  • Other Expense: 203.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Value: 141500
  • Assessed Land Value: 377500
  • Assessor Parcel Number: 5436-012-006
  • Geocode Override: No
  • Lot Size Area: 5402

Rental Info

  • Total Actual Rent: 38880.00
  • Owner Pays: Water
  • Tenant Pays: Cable TV, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 2 story bldg
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 8570.00

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2018
Sold by
Welch David Ryan
Bought by
3378 La Clede L L C
Current Estimated Value
$1,413,968

Purchase Details

Listed on
Nov 7, 2013
Closed on
Feb 20, 2014
Sold by
Olympia Emmanuel C
Bought by
Welch David Ryan
Seller's Agent
Chona Galvez
Century 21 Hollywood
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$718,000
Sold Price
$699,000
Premium/Discount to List
-$19,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$663,755
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2011
Sold by
Olympia Emmanuel C and Olympia Aurora P
Bought by
Olympia Emmanuel C and Olympia Aurora P

Purchase Details

Closed on
Nov 2, 2006
Sold by
Ruano Ferdy
Bought by
Olympia Emmanuel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 22, 2005
Sold by
Leonardo Marina and Chow Katherine
Bought by
Ruano Ferdy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac
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
3378 La Clede L L C -- None Available
Welch David Ryan $699,000 Nations Title Company Of Ca
Olympia Emmanuel C -- None Available
Olympia Emmanuel C $670,000 United General Title Ins Co
Ruano Ferdy $600,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3378 La Clede Llc $840,000
Previous Owner Welch David Ryan $632,840
Previous Owner Welch David Ryan $663,755
Previous Owner Olympia Emmanuel C $502,500
Previous Owner Ruano Ferdy $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $699,000 -2.6% $284 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $718,000 -- $292 / 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 $10,518 $856,867 $600,668 $256,199
2024 $10,518 $840,067 $588,891 $251,176
2023 $15,872 $1,286,639 $750,540 $536,099
2022 $15,135 $1,261,412 $735,824 $525,588
2021 $14,948 $1,236,680 $721,397 $515,283
2019 $9,431 $768,139 $538,468 $229,671
2018 $9,319 $753,078 $527,910 $225,168
2016 $8,899 $723,836 $507,411 $216,425
2015 $8,770 $712,965 $499,790 $213,175
2014 $8,533 $676,000 $491,700 $184,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-717773

The MLS

APN: 5436-012-006