NOT LISTED FOR SALE

3465 Arlington Ave Los Angeles, CA 90018

Jefferson Park Neighborhood

Estimated Value: $878,000 - $1,134,674

5 Beds
3 Baths
2,120 Sq Ft
$470/Sq Ft Est. Value

Last Sold October 20, 2014

Last sale price $390,000 $184 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,931/month

161 Days on Market

About This Home

As of October 2014

LIVE IN 1 UNIT AND RENT THE OTHER! Great Craftman property with 2 units on the lot, front unit 3bd/1ba and rear unit 2bd/1ba. Property has a huge lot over 8000 sq ft lot, almost impossible to find in Los Angeles! Awesome opportunity for additions, Property has plenty of room for upside in income. Great for investor or Owner occupied. Property in gorgeous Jefferson Park Area. Property is occupied with long term tenants. Newer Landscaping & Sprinkler System. Close to Public transportion, Freeways, Parks, Schools, and other businesses. Bring all offers!!!

Last Agent to Sell the Property

Sarah Lin

Castle Realty Homes License #01485177 Listed on: 03/03/2014

Last Buyer's Agent

Lily Jager

Millennium Realty Group License #01199911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,031

Year Built

  • Built in 1912

Lot Details

  • 8,169 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,120 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 5042003040

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,467
  • Net Operating Income $22,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,031

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5042003040
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 183.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8169.00
  • Lot Size Acres: 0.1880

Multi Family

  • Gross Income: 2467.00
  • Gross Scheduled Income: 29604.00
  • Lot Size Area: 8169.0000 Square Feet
  • Net Operating Income: 22304.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7300.00
  • Rent Control: Yes
  • Total Actual Rent: 2467.00

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
Oct 3, 2014
Sold by
Khn Soon Chan
Bought by
Burgueno Alejandro and Burgueno Jennifer
Seller's Agent
Sarah Lin
Castle Realty Homes
Buyer's Agent
Lily Jager
Millennium Realty Group
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$996,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,169
Avg. Annual Appreciation
9.12%
Original Mortgage
$382,936
Outstanding Balance
$291,475
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$712,815

Purchase Details

Listed on
Mar 11, 2013
Closed on
Jul 3, 2013
Sold by
Joyner Louise Olivier
Bought by
Kim Soon Chan
Seller's Agent
Toya Mack
New Wave Property
Buyer's Agent
Toya Mack
New Wave Property
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.99%
Original Mortgage
$224,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2013
Closed on
Jul 2, 2013
Sold by
Choi Mi Y
Bought by
Kim Soon Chan
Seller's Agent
Toya Mack
New Wave Property
Buyer's Agent
Toya Mack
New Wave Property
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 1996
Sold by
Olivier Joseph S
Bought by
Joyner Louise Olivier
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
Burgueno Alejandro $390,000 Fatcola
Kim Soon Chan $299,000 Fidelity Van Nuys
Kim Soon Chan -- Fidelity Van Nuys
Joyner Louise Olivier -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgueno Alejandro $382,936
Previous Owner Kim Soon Chan $224,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2014 10/20/14 Sold $390,000 -1.3% $184 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $395,000 +32.1% $186 / Sq Ft
08/25/2013 08/25/13 Sold $299,000 0.0% $141 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $299,000 -- $141 / 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 $6,031 $468,711 $348,530 $120,181
2024 $6,031 $459,522 $341,697 $117,825
2023 $5,925 $450,513 $334,998 $115,515
2022 $5,668 $441,680 $328,430 $113,250
2021 $5,590 $433,021 $321,991 $111,030
2020 $5,642 $429,002 $318,690 $110,312
2019 $5,432 $420,600 $312,442 $108,158
2018 $5,287 $412,362 $306,316 $106,046
2016 $5,047 $395,947 $294,422 $101,525
2015 $4,977 $390,000 $290,000 $100,000
2014 $3,991 $299,000 $199,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Sarah Lin

    Seller's Agent in 2014

    Sarah Lin

    Castle Realty Homes

    (562) 307-2296

    29 Total Sales

    Sarah Lin
    Section Image
  • Lily Jager

    Buyer's Agent in 2014

    Lily Jager

    Millennium Realty Group

    (562) 446-0600

    42 Total Sales

    Lily Jager
    Section Image
  • Toya Mack

    Seller's Agent in 2013

    Toya Mack

    New Wave Property

    (310) 902-3019

    1 in this area

    10 Total Sales

    Toya Mack
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14043393

California Regional Multiple Listing Service (CRMLS)

APN: 5042-003-040

California Los Angeles County Los Angeles 90018 Jefferson Park

3465 Arlington Ave, Los Angeles, CA

This home is located at 3465 Arlington Ave, Los Angeles, CA 90018 since 03 March 2014 and is currently estimated at $996,169, approximately $469 per square foot. This property was built in 1912. 3465 Arlington Ave is a home located in Los Angeles County with nearby schools including Sixth Avenue Elementary School, Audubon Middle School, and Susan Miller Dorsey Senior 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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