NOT LISTED FOR SALE

3420 Galena St Los Angeles, CA 90032

Montecito Heights Neighborhood

Estimated Value: $740,000 - $919,000

7 Beds
2 Baths
1,772 Sq Ft
$476/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $442,000 $249 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,128/month

49 Days on Market

About This Home

As of March 2016

Great Investment Duplex, 1 Unit 4 Bedrooms 1 Baths, 2nd Unit 3 Bedrooms 1 bath.Big driveway for two or three cars, is in a quiet and private place

Last Agent to Sell the Property

Michael Aviles

A First Choice Financial Group License #01308535 Listed on: 09/28/2015

Last Buyer's Agent

Ronald Escobar

No Firm Affiliation License #01460645

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,426

Year Built

  • Built in 1942

Lot Details

  • 3,600 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac

Parking

  • 3 Parking Spaces

Home Design

  • 1,772 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 116
  • Tax Tract Number 1991
  • Assessor Parcel Number 5305024008

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $560
  • Trash Expense $480
  • Water Sewer Expense $1,680
  • New Taxes Expense $2,469
  • Gross Income $34,000
  • Net Operating Income $34,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,426

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Parcel Number: 5305024008
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 249.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 3600.00
  • Price Per Lot Square Foot: 122.78
  • Lot Size Acres: 0.0830

Multi Family

  • Gross Income: 34000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 560.00
  • Lot Size Area: 3600.0000 Square Feet
  • Net Operating Income: 34000.00
  • 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: 2000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2469.00
  • Tax Lot: 116
  • Tax Tract Number: 1991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2015
Closed on
Feb 3, 2016
Sold by
Mejorado Erick
Bought by
Varela Abel O and Bonilla Casta L
Seller's Agent
Michael Aviles
A First Choice Financial Group
Buyer's Agent
Ronald Escobar
No Firm Affiliation
List Price
$440,000
Sold Price
$442,000
Premium/Discount to List
$2,000
0.45%
Current Estimated Value
$844,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,341
Avg. Annual Appreciation
6.82%
Original Mortgage
$433,994
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2012
Sold by
Benitez Rebeca
Bought by
Mejorado Erick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2010
Sold by
Benitez Jorge
Bought by
Benitez Jorge and Benitez Rebeca

Purchase Details

Closed on
Feb 13, 2004
Sold by
Benitez Rebecca
Bought by
Benitez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,500
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 2004
Sold by
Benitez Raul and Benitez Jorge
Bought by
Benitez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,500
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 1998
Sold by
Benitez Rebeca
Bought by
Benitez Jorge
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
Varela Abel O $442,000 Lawyers Title Insurance Co
Mejorado Erick $194,000 Old Republic Title Co
Benitez Jorge -- Accommodation
Benitez Jorge -- First American Title Co
Benitez Jorge -- First American Title Co
Benitez Jorge -- Fidelity National Title Co
Benitez Raul -- Fidelity National Title Co
Benitez Walberto -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Abel O $33,635
Open Varela Abel O $434,465
Previous Owner Varela Abel O $433,994
Previous Owner Mejorado Erick $155,200
Previous Owner Benitez Jorge $320,000
Previous Owner Benitez Jorge $204,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $442,000 +0.5% $249 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $440,000 +126.8% $248 / Sq Ft
12/11/2012 12/11/12 Sold $194,000 +7.8% $147 / Sq Ft
10/07/2012 10/07/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $180,000 0.0% $137 / Sq Ft
10/05/2011 10/05/11 Pending -- -- --
10/03/2011 10/03/11 For Sale $180,000 0.0% $137 / Sq Ft
01/14/2011 01/14/11 Pending -- -- --
12/29/2010 12/29/10 For Sale $180,000 -- $137 / 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 $6,426 $523,231 $333,827 $189,404
2024 $6,426 $512,973 $327,282 $185,691
2023 $6,304 $502,915 $320,865 $182,050
2022 $6,013 $493,055 $314,574 $178,481
2021 $5,937 $483,388 $308,406 $174,982
2020 $5,995 $478,432 $305,244 $173,188
2019 $2,686 $214,153 $143,505 $70,648
2018 $2,616 $209,955 $140,692 $69,263
2016 $2,487 $201,804 $135,230 $66,574
2015 $2,451 $198,773 $133,199 $65,574
2014 $2,469 $194,880 $130,590 $64,290
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Aviles

    A First Choice Financial Group

    (714) 761-1900

    22 Total Sales

    Michael Aviles
    Section Image

  • R

    Buyer's Agent in 2016

    Ronald Escobar

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15214088

California Regional Multiple Listing Service (CRMLS)

APN: 5305-024-008

California Los Angeles County Los Angeles 90032 Montecito Heights

3420 Galena St, Los Angeles, CA

This home is located at 3420 Galena St, Los Angeles, CA 90032 since 28 September 2015 and is currently estimated at $844,341, approximately $476 per square foot. This property was built in 1942. 3420 Galena St is a home located in Los Angeles County with nearby schools including Huntington Drive Elementary School, El Sereno Middle School, and Abraham Lincoln High 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

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