NOT LISTED FOR SALE

3444 Sabina St Los Angeles, CA 90023

Estimated Value: $1,569,389 - $1,588,000

8 Beds
7 Baths
4,212 Sq Ft
$375/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $1,085,000 $258 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,041/month

95 Days on Market

Highlights

  • 13,495 Sq Ft lot
  • Felicitas and Gonzalo Mendez High Rated A-
  • 1-Story Property

About This Home

As of March 2019

We are Real Estate Consultants is proud to present 3444-46 Sabina St in the city of Los Angeles. The property is composed of 7 units with 6 1BD/1BA and 1 single familyresidence with 2BD/1BA and yard. Every unit individually metered for gas and electric.The property is located on 13,495 sqft lot with 4,212 sqft building plus 8 private parkingspaces located in the back of the building. This building offers the residents the benefitsof living in a cul de sac. This is an ideal investment for a stable performing asset withsignificant upside in cash flow and appreciation due to positive changes in the area.Property has been mainly occupied by long term tenants therefore rents are low andthere is room for rental increas Just passed city inspection.

Last Agent to Sell the Property

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 10/12/2018

Home Team Realty

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 10/12/2018

Home Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,547

Year Built

  • Built in 1922

Lot Details

  • 0.31

Interior Spaces

  • 4,212 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 7 Parking Spaces
  • Uncovered Parking

Additional Features

  • 0.31 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5188-004-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,547

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4212
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Price Per S Q F T: 261.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 7

Utilities

  • Heating: Wall Gas
  • Water Expense: 10900.00

Fee Information

  • Insurance Expense: 2900.00
  • Maintenance Expense: 3200.00
  • Management Expense: 3800.00

Lot Info

  • Assessed Improvement Value: 211248
  • Assessed Land Value: 528122
  • Assessor Parcel Number: 5188-004-004
  • Geocode Override: No
  • Lot Size Area: 13495

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 12.40
  • Number Of Units: 7
  • Rent Control: 100%
  • Total Annual Expense: 34200
  • Type Of Units: Apt
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 13000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2019
Sold by
Sabina Group Llc
Bought by
4 1 St Properties Llc
Current Estimated Value
$1,578,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2013
Sold by
Affinity Property Investments Llc
Bought by
Sabina Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2013
Sold by
Oronoz James C
Bought by
Affinity Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2009
Sold by
Maykov Inc
Bought by
Oronoz James C

Purchase Details

Closed on
Jan 13, 2009
Sold by
Oronoz Celeste
Bought by
Oronoz James

Purchase Details

Closed on
Nov 14, 2006
Sold by
Oronoz James
Bought by
Maykov Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2004
Sold by
Orbay Inc
Bought by
Oronoz James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2002
Sold by
Oronoz James and Oronoz Melania
Bought by
Orbay Inc
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
4 1 St Properties Llc $1,085,000 Provident Title
Sabina Group Llc $700,000 Ticor Title
Affinity Property Investments Llc -- Accommodation
Oronoz James C $505,000 Landamerica
Oronoz James -- Landamerica
Maykov Inc -- Old Republic Title
Oronoz James -- Old Republic Title Company
Oronoz James -- --
Orbay Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4 1 St Properties Llc $590,000
Previous Owner Sabina Group Llc $420,000
Previous Owner Oronoz James C $194,000
Previous Owner Maykov Inc $350,000
Previous Owner Orbay Inc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $1,085,000 -1.4% $258 / Sq Ft
10/12/2018 10/12/18 For Sale $1,100,000 -- $261 / Sq Ft
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
2024 $15,547 $1,186,603 $818,046 $368,557
2023 $15,264 $1,163,337 $802,006 $361,331
2022 $14,596 $1,140,528 $786,281 $354,247
2021 $14,412 $1,118,165 $770,864 $347,301
2020 $14,558 $1,106,700 $762,960 $343,740
2019 $10,310 $769,238 $549,457 $219,781
2018 $10,038 $754,156 $538,684 $215,472
2016 $9,545 $724,873 $517,767 $207,106
2015 $9,417 $713,986 $509,990 $203,996
2014 $9,182 $700,000 $500,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-395712

The MLS

APN: 5188-004-004