NOT LISTED FOR SALE

341 W 83rd St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $580,747 - $716,000

3 Beds
3 Baths
1,863 Sq Ft
$345/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $490,000 $263 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,137/month

Highlights

  • Spanish Architecture
  • South Facing Home
  • 1-Story Property
  • Views
  • Carpet

About This Home

As of January 2021

Great Investment Opportunity! The property is near the 110 FWY minutes away from USC, Downtown LA, shopping and restaurants. One unit is vacant the others are below market rents. please call listing agent for more details.

Last Agent to Sell the Property

Clifford Moland

Worldwide Realty License #01168315 Listed on: 09/04/2020

Last Buyer's Agent

Raul Herrera

eXp Realty of California Inc License #02043227

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,639

Year Built

  • Built in 1923

Lot Details

  • 5,613 Sq Ft Lot
  • South Facing Home

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage
  • Driveway

Home Design

  • Triplex
  • Spanish Architecture
  • Stucco

Interior Spaces

  • 1,863 Sq Ft Home
  • 1-Story Property
  • Property Views

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6031-033-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,639

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1863
  • Lot Acreage: 0.1289
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed, Carpet, Linoleum
  • Bedrooms: 3
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 268.33

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 3
  • Garage Structures: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Heating: Wall

Fee Information

  • Insurance Expense: 1540.00
  • Maintenance Expense: 1053.00

Lot Info

  • Assessed Improvement Percent: 55.56
  • Assessed Improvement Value: 25866
  • Assessed Land Percent: 44.44
  • Assessed Land Value: 20687
  • Total Assessed Value: 46553
  • Assessor Parcel Number: 6031-033-003
  • Lot Size Area: 5613

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: triplex
  • Vacancy Rate: 1

Tax Info

  • Tax Expense: 800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Dec 14, 2020
Sold by
Phillips Zena F and Phillips Nyece L
Bought by
Villanueva Tomas
Seller's Agent
Clifford Moland
Worldwide Realty
Buyer's Agent
Raul Herrera
eXp Realty of California Inc
List Price
$520,000
Sold Price
$490,000
Premium/Discount to List
-$30,000
-5.77%
Current Estimated Value
$657,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,823
Avg. Annual Appreciation
6.15%
Original Mortgage
$481,124
Outstanding Balance
$430,387
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$212,550

Purchase Details

Closed on
Nov 20, 2001
Sold by
Phillips Leon C and Phillips Juanita F
Bought by
Phillips Leon Clyde and Phillips Juanita Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.91%

Purchase Details

Closed on
Sep 25, 2001
Sold by
Phillips Leon
Bought by
Phillips Leon and Phillips Juanita F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.91%

Purchase Details

Closed on
Jun 28, 1999
Sold by
Phillips Leon
Bought by
Phillips Leon and Phillips Juanita F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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Average Value
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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
Villanueva Tomas $490,000 Fidelity Natl Ttl Co Torranc
Phillips Leon Clyde -- --
Phillips Leon -- --
Phillips Leon -- United Title Company
Phillips Leon -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villanueva Tomas $481,124
Previous Owner Phillips Leon $108,000
Previous Owner Phillips Leon $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $490,000 -2.0% $263 / Sq Ft
11/04/2020 11/04/20 Price Changed $499,900 -3.9% $268 / Sq Ft
09/04/2020 09/04/20 For Sale $520,000 -- $279 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
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 $6,639 $530,390 $422,148 $108,242
2024 $6,639 $519,991 $413,871 $106,120
2023 $6,515 $509,796 $405,756 $104,040
2022 $6,220 $499,800 $397,800 $102,000
2021 $967 $49,911 $22,179 $27,732
2020 $970 $49,400 $21,952 $27,448
2019 $946 $48,432 $21,522 $26,910
2018 $849 $47,483 $21,100 $26,383
2016 $794 $45,641 $20,282 $25,359
2015 $786 $44,957 $19,978 $24,979
2014 $810 $44,077 $19,587 $24,490
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Clifford Moland

    Worldwide Realty

    Section Image
  • Raul Herrera

    Buyer's Agent in 2021

    Raul Herrera

    eXp Realty of California Inc

    (323) 540-6774

    3 in this area

    40 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 20-629778

The MLS

APN: 6031-033-003

California Los Angeles County Los Angeles 90003 Florence

341 W 83rd St, Los Angeles, CA

This home is located at 341 W 83rd St, Los Angeles, CA 90003 since 04 September 2020 and is currently estimated at $642,937, approximately $345 per square foot. This property was built in 1923. 341 W 83rd St is a home located in Los Angeles County with nearby schools including Dr. Owen Lloyd Knox Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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