Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
121 Total Sales
4 in Green Meadows
$660K - $910K Price Range
342 E 99th St Los Angeles, CA 90003
Green Meadows NeighborhoodEstimated Value: $1,048,957
8
Beds
4
Baths
2,988
Sq Ft
$351/Sq Ft
Est. Value
About This Home
As of January 2021We are pleased to present a 4-unit multi-family community located in the Green Meadows neighborhood of South Los Angeles, CA. A short 15 minute drive to Downtown Los Angeles and centrally located near 2 major freeways, the subject property gives tenants convenient access to the 105 and110 Freeways. The property was built in 1965 and is comprised of approximately 2,988 rentable square feet on a 5,085 square foot lot. The building has an outstanding unit mix, comprising entirely of spacious 2 bedroom 1 bathroom units.
There is one vacant unit that LA City Section 8 Housing will pay $2,263 for, allowing an investor to achieve market rent for that unit. The property is separately metered for gas and electricity, features ample secured parking, and the tenants benefit from their own washer and dryer hookups inside each unit. This is an outstanding opportunity to acquire a desirable multi-family asset with substantial upside in the city of Los Angeles and would be a great addition to any investors portfolio.
Last Agent to Sell the Property
Marcus & Millichap License #01158184 Listed on: 12/04/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 5,227 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 2,988 Sq Ft Home
- 2-Story Property
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Septic Type Unknown
- Sewer Not Available
Listing and Financial Details
- Legal Lot and Block 17 / 8
- Tax Tract Number 6401
- Assessor Parcel Number 6052017016
Community Details
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $850
- Fuel Expense $850
- Gardener Expense $475
- Insurance Expense $1,345
- Maintenance Expense $3,000
- Other Expense $1,000
- Professional Management Expense $3,718
- Trash Expense $850
- Water Sewer Expense $850
- New Taxes Expense $11,375
- Operating Expense $24,313
- Gross Income $74,656
- Net Operating Income $50,044
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 19, 2021
Sold by
Martin Benjamin and Martin Maria O
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
2.73%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 4, 2020
Closed on
Dec 28, 2020
Sold by
Reddy Bandi Vamshidhar and Reddy Kavitha M
Bought by
Martin Family Properties Llc
Seller's Agent
Kevin King
Marcus & Millichap
List Price
$875,000
Sold Price
$875,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Purchase Details
Closed on
Dec 10, 2012
Sold by
Reddy Bandi Vamshidhar
Bought by
Reddy Bandi Vamshidhar and Reddy Kavitha M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 2010
Sold by
Williams Mark
Bought by
Reddy Kavitha and Reddy Vamshidhar
Purchase Details
Closed on
May 27, 2003
Sold by
Hud
Bought by
Williams Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 5, 2002
Sold by
Guaranty Residential Lending Inc
Bought by
Hud
Purchase Details
Closed on
Dec 11, 2001
Sold by
Bello Rose
Bought by
Guaranty Residential Lending Inc and Temple Inland Mtg Corp
Purchase Details
Closed on
Feb 1, 1999
Sold by
Mitchell Anthony W
Bought by
Bello Rose
Purchase Details
Closed on
Sep 6, 1997
Sold by
Amresco Residential Mtg Corp
Bought by
Mitchell Anthony W
Purchase Details
Closed on
Mar 21, 1997
Sold by
Robertson Donald
Bought by
Bankers Trust Company
Purchase Details
Closed on
Jun 1, 1994
Sold by
Abrams Ronald Richard
Bought by
Robertson Donald and Robertson Stephanie Denise
Purchase Details
Closed on
Jan 13, 1994
Sold by
Davis Mary G
Bought by
Abrams Ii Ronald Richard and Graddy Debra Rene Abrams
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Green Meadows, CA
-
Pedro Torres Jr.
-
Jared Nuñez
Jared Nuñez
Alchemy Realty Inc
(562) 568-7742
142 Total Sales
2 in Green Meadows
$625K - $1M Price Range
-
Luis Anaya
Luis Anaya
eXp Realty of Southern Ca, Inc
(949) 771-8980
43 Total Sales
1 in Green Meadows
$720,000 Price
-
Whenrica McAfee
Whenrica McAfee
Excellence RE Real Estate
(951) 848-5254
35 Total Sales
1 in Green Meadows
$675,000 Price
-
Jesse Guzman
Jesse Guzman
Global Premier Properties, Inc.
(747) 279-3221
37 Total Sales
1 in Green Meadows
$665,000 Price
-
Matthew Jaime
Matthew Jaime
REO Modern Realty Corp.
(323) 649-8615
15 Total Sales
1 in Green Meadows
$597,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Old Republic Title Company | ||
| Reddy Kavitha | $208,350 | None Available | |
| Williams Mark | $327,000 | Nations | |
| Hud | -- | First American Title Ins Co | |
| Guaranty Residential Lending Inc | -- | First American Title Ins Co | |
| Bello Rose | $225,000 | -- | |
| Mitchell Anthony W | $189,000 | Fidelity National Title Co | |
| Bankers Trust Company | $148,920 | -- | |
| Robertson Donald | -- | First American Title Company | |
| Abrams Ii Ronald Richard | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $238,000 | ||
| Previous Owner | Williams Mark | $261,600 | |
| Previous Owner | Bello Rose | $223,505 | |
| Previous Owner | Mitchell Anthony W | $192,780 | |
| Closed | Williams Mark | $65,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2021 01/12/21 | Sold | $875,000 | 0.0% | $293 / Sq Ft |
| 12/04/2020 12/04/20 | For Sale | $875,000 | -- | $293 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,267 | $966,068 | $441,631 | $524,437 |
| 2025 | $12,267 | $947,126 | $432,972 | $514,154 |
| 2024 | $12,102 | $928,556 | $424,483 | $504,073 |
| 2023 | $11,874 | $910,350 | $416,160 | $494,190 |
| 2022 | $11,342 | $892,500 | $408,000 | $484,500 |
| 2021 | $4,388 | $295,898 | $106,523 | $189,375 |
| 2020 | $4,421 | $292,865 | $105,431 | $187,434 |
| 2019 | $4,266 | $287,123 | $103,364 | $183,759 |
| 2018 | $4,172 | $281,494 | $101,338 | $180,156 |
| 2016 | $3,957 | $270,564 | $97,403 | $173,161 |
| 2015 | $3,897 | $266,500 | $95,940 | $170,560 |
| 2014 | $3,922 | $261,280 | $94,061 | $167,219 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin King
Seller's Agent in 2021
Kevin King
Marcus & Millichap
(562) 257-1245
39 Total Sales
-
Ryan Gonzalez
RG
Seller Co-Listing Agent in 2021
Ryan Gonzalez
Lyon Stahl Investment Real Est
(562) 879-3206
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20251884
APN: 6052-017-016
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.
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
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