NOT LISTED FOR SALE

3401 Division St Los Angeles, CA 90065

Glassell Park Neighborhood

Estimated Value: $972,000 - $1,263,689

5 Beds
2 Baths
1,559 Sq Ft
$725/Sq Ft Est. Value

Last Sold January 24, 2017

Last sale price $658,000 $422 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,930/month

113 Days on Market

Highlights

  • No HOA
  • Two Homes on a Lot
  • 2 Car Garage
  • Eagle Rock High School Rated A
  • Laundry Room
  • Lot Has A Rolling Slope

About This Home

As of January 2017

DON'T MISS OUT!!!! Price Reduction and the Front Tenants will be moving. This 1922 duplex has a lot of 7,488 square feet. The front house has three bedrooms and one bath with its own dining room and living room. The back house has two bedrooms and one bath, with a living room. There are two separate gas and electric meters. Currently the tenants pay for all of the utilities. The trash is included with the property taxes. If you look at the Comps; you will see what a great deal you would be getting. The sellers are motivated.

Last Agent to Sell the Property

Julie Dammeier

First Team Real Estate License #01975621 Listed on: 08/22/2016

First Team Real Estate

Last Buyer's Agent

Jonathan Jansen

Keller Williams Realty License #02003670

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,376

Year Built

  • Built in 1922

Lot Details

  • 7,488 Sq Ft Lot
  • No Common Walls
  • Lot Has A Rolling Slope

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Interior Spaces

  • 1,559 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring
  • Six Burner Stove
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance
  • Tax Lot 160
  • Tax Tract Number 1863
  • Assessor Parcel Number 5456017025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $300
  • Trash Expense $400
  • Water Sewer Expense $700
  • New Taxes Expense $1,900
  • Gross Income $2,465
  • Net Operating Income $27,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,376

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 700.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5456017025
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 422.07

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Concrete, Driveway, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rolling Slope
  • Lot Size Sq Ft: 7488.00
  • Price Per Lot Square Foot: 93.35

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance

Multi Family

  • Gross Income: 2465.00
  • Gross Scheduled Income: 29580.00
  • Insurance Expense: 300.00
  • Net Operating Income: 27080.00
  • 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: 2500.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 1900.00
  • Tax Lot: 160
  • Tax Tract Number: 1863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2017
Sold by
Rodgers Aida
Bought by
Four Squared Development Llc
Current Estimated Value
$1,130,672

Purchase Details

Listed on
Aug 22, 2016
Closed on
Jan 17, 2017
Sold by
Jansen Jonathan
Bought by
Rodgers Aida
Seller's Agent
Julie Dammeier
First Team Real Estate
Buyer's Agent
Jonathan Jansen
Keller Williams Realty
List Price
$699,000
Sold Price
$658,000
Premium/Discount to List
-$41,000
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$493,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2016
Closed on
Dec 22, 2016
Sold by
Ream James and Ream Lydia Judy
Bought by
Rodgers Aida
Seller's Agent
Julie Dammeier
First Team Real Estate
Buyer's Agent
Jonathan Jansen
Keller Williams Realty
List Price
$699,000
Sold Price
$658,000
Premium/Discount to List
-$41,000
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 1998
Sold by
Ream James and Ream Lydia Judy
Bought by
Ream James and Ream Lydia Judy

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
7.02%

Purchase Details

Closed on
Aug 8, 1996
Sold by
Kennedy Rose Marie
Bought by
Ream James and Ream Lydia Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
9.85%

Purchase Details

Closed on
May 31, 1994
Sold by
Sanchez Marina L
Bought by
Kennedy Rose Marie
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
Four Squared Development Llc -- Orange Coast Title Company
Rodgers Aida -- Orange Coast Title Company
Rodgers Aida $658,000 Orange Coast Title Company
Ream James -- Landsafe Title
Ream James $130,000 Old Republic Title Company
Kennedy Rose Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodgers Aida $493,500
Previous Owner Ream James $64,000
Previous Owner Ream James $180,000
Previous Owner Ream James $402,500
Previous Owner Ream James $324,000
Previous Owner Ream James $187,000
Previous Owner Ream James $120,000
Previous Owner Ream James $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2017 01/24/17 Sold $658,000 -4.6% $422 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
10/24/2016 10/24/16 Price Changed $690,000 +6.2% $443 / Sq Ft
10/20/2016 10/20/16 Price Changed $650,000 -7.0% $417 / Sq Ft
08/22/2016 08/22/16 For Sale $699,000 -- $448 / 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 $9,376 $763,661 $464,232 $299,429
2024 $9,376 $748,688 $455,130 $293,558
2023 $9,198 $734,008 $446,206 $287,802
2022 $8,775 $719,616 $437,457 $282,159
2021 $8,668 $705,507 $428,880 $276,627
2020 $8,753 $698,274 $424,483 $273,791
2019 $8,412 $684,583 $416,160 $268,423
2018 $8,281 $671,160 $408,000 $263,160
2016 $2,607 $199,679 $141,263 $58,416
2015 $2,571 $196,681 $139,142 $57,539
2014 $2,594 $192,829 $136,417 $56,412
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Julie Dammeier

    First Team Real Estate

    (909) 294-0860

    60 Total Sales

    Julie Dammeier
    Section Image

  • J

    Buyer's Agent in 2017

    Jonathan Jansen

    Keller Williams Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16185880

California Regional Multiple Listing Service (CRMLS)

APN: 5456-017-025

California Los Angeles County Los Angeles 90065 Glassell Park

3401 Division St, Los Angeles, CA

This home is located at 3401 Division St, Los Angeles, CA 90065 since 22 August 2016 and is currently estimated at $1,130,672, approximately $725 per square foot. This property was built in 1922. 3401 Division St is a home located in Los Angeles County with nearby schools including Glassell Park Elementary, Aragon Avenue Elementary, and Irving STEAM Magnet School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes