NOT LISTED FOR SALE

Estimated Value: $621,000 - $780,000

4 Beds
2 Baths
1,172 Sq Ft
$601/Sq Ft Est. Value

Last Sold December 06, 2017

Last sale price $389,000 $332 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,287/month

123 Days on Market

Highlights

  • City Lights View
  • Bonus Room
  • Laundry Room
  • Wood Flooring
  • No HOA
  • Family Room

About This Home

As of December 2017

This is the perfect investment or starter home in a desirable area of Los Angeles! There are two units on a lot. The front unit has 2 bedrooms, 1 bath, with tile and carpet flooring. The back unit has 2 rooms and 1 bath too, however, since one of them doesn't have a closet it's classified as a one bedroom unit. Take advantage of this technicality. The flooring in this unit is tile and laminate. The units have newer stucco and the front unit has a newer roof. This property is only 5 minutes away from USC and Downtown LA.

Last Agent to Sell the Property

Jose A. Perez

Century 21 Allstars License #01316658 Listed on: 06/19/2017

Century 21 Allstars

Last Buyer's Agent

Julio Arana Cortes

Realty One Group West License #01950166

Realty One Group West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,422

Year Built

  • Built in 1923

Lot Details

  • 2,340 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Paved or Partially Paved Lot

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,172 Sq Ft Home
  • Family Room
  • Bonus Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Phone Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 2
  • Assessor Parcel Number 5114001016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,422

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5114001016
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Levels: One
  • Price Per Square Foot: 331.91
  • Room Type: Bonus Room, Family Room, Laundry

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 2340.00
  • Lot Size Acres: 0.0537

Multi Family

  • Lot Size Area: 2340.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2283.10
  • Tax Lot: 4
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Nov 21, 2017
Sold by
Barrera Itzia A
Bought by
Barrera Alexander Raid
Seller's Agent
Jose A. Perez
Century 21 Allstars
Buyer's Agent
Julio Arana Cortes
Realty One Group West
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$703,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,947
Avg. Annual Appreciation
8.00%
Original Mortgage
$381,954
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 19, 2017
Closed on
Oct 23, 2017
Sold by
Valladares Ivonne J Rosales
Bought by
Barrera Alexander Raul and Barrera Lorena Marie
Seller's Agent
Jose A. Perez
Century 21 Allstars
Buyer's Agent
Julio Arana Cortes
Realty One Group West
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,954
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 28, 2015
Closed on
Jun 4, 2015
Sold by
Branbila Trinidad Jimenez and Naranjo Maria Elia
Bought by
Rosales Ivonne J
Seller's Agent
Patricia Ramirez
Century 21 Allstars
Buyer's Agent
Jose A. Perez
Century 21 Allstars
List Price
$319,000
Sold Price
$300,000
Premium/Discount to List
-$19,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$294,566
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2013
Sold by
Branbila Trinidad Jimenez and Naranjo Maria Elia
Bought by
Branbila Trinidad Jimenez and Naranjo Maria Elia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Brambila Donato Jimenez and Brambila Trinidad Jimenez
Bought by
Brambila Trinidad Jimenez and Naranjo Maria Elia

Purchase Details

Closed on
Sep 25, 2008
Sold by
Garcia Esther Angel Jimenez
Bought by
Brambila Donato J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2008
Sold by
Bank Of New York
Bought by
Brambila Donato J and Brambila Trinidad J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2008
Sold by
Lawrence Lawanda
Bought by
Bank Of New York and Cwalt Inc Alternative Loan Trust 2006-Oc

Purchase Details

Closed on
Aug 10, 2006
Sold by
Lawrence Lawanda
Bought by
Lawrence Lawanda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2006
Sold by
Mccloud William and Mccloud Maria
Bought by
Lawrence Lawanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 28, 2005
Sold by
Mccloud William
Bought by
Mccloud William and Mccloud Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2005
Sold by
Ceballos Beltran Francisco and Ceballos Mendoza Maria
Bought by
Mccloud William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Beltran Francisco
Bought by
Ceballos Beltran Francisco and Ceballos Mendoza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,850
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2003
Sold by
Beltran Francisco
Bought by
Ceballos Beltran Francisco and Ceballos Mendoza Maria
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
Barrera Alexander Raid -- First American Title Company
Barrera Alexander Raul $389,000 First American Title Company
Rosales Ivonne J $300,000 Old Republic Title Company
Branbila Trinidad Jimenez -- Lawyers Title Company
Brambila Trinidad Jimenez -- None Available
Brambila Donato J -- Landsafe Title
Brambila Trinidad J -- Landsafe Title
Brambila Donato J $190,000 Landsafe Title
Bank Of New York $316,350 Landsafe Title
Lawrence Lawanda P -- Accommodation
Lawrence Lawanda $380,000 Fidelity Van Nuys
Mccloud William -- --
Mccloud William -- First American Title Company
Mccloud William $275,000 First American Title Company
Ceballos Beltran Francisco -- Fidelity National Title Co
Beltran Francisco -- Fidelity National Title Co
Ceballos Beltran Francisco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrera Alexander Raul $372,226
Closed Barrera Alexander Raul $381,954
Previous Owner Rosales Ivonne J $294,566
Previous Owner Branbila Trinidad Jimenez $150,000
Previous Owner Brambila Donato J $152,000
Previous Owner Lawrence Lawanda $385,000
Previous Owner Lawrence Lawanda $90,000
Previous Owner Lawrence Lawanda $304,000
Previous Owner Mccloud William $220,000
Previous Owner Beltran Francisco $115,850
Closed Mccloud William $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2017 12/06/17 Sold $389,000 +2.6% $332 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
08/28/2017 08/28/17 Price Changed $379,000 -2.6% $323 / Sq Ft
06/19/2017 06/19/17 For Sale $389,000 +29.7% $332 / Sq Ft
07/10/2015 07/10/15 Sold $300,000 -6.0% $256 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $319,000 -- $272 / 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 $5,422 $442,611 $341,347 $101,264
2024 $5,422 $433,933 $334,654 $99,279
2023 $5,319 $425,426 $328,093 $97,333
2022 $5,072 $417,085 $321,660 $95,425
2021 $5,007 $408,907 $315,353 $93,554
2020 $5,056 $404,715 $312,120 $92,595
2019 $4,858 $396,780 $306,000 $90,780
2018 $4,806 $389,000 $300,000 $89,000
2017 $3,800 $306,000 $142,800 $163,200
2016 $3,708 $300,000 $140,000 $160,000
2015 $2,559 $203,577 $128,575 $75,002
2014 -- $199,590 $126,057 $73,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17142047

California Regional Multiple Listing Service (CRMLS)

APN: 5114-001-016