NOT LISTED FOR SALE

3503 E 2nd St Los Angeles, CA 90063

Estimated Value: $835,031 - $985,000

7 Beds
4 Baths
3,544 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 11, 2013

Last sale price $346,000 $98 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $5,331/month

64 Days on Market

Highlights

  • Contemporary Architecture
  • 4-minute walk to Indiana
  • No Heating
  • Felicitas and Gonzalo Mendez High Rated A-
  • Wood Siding

About This Home

As of February 2013

Great Invetsment Opportunity in East Los Angeles. This is a Quadruplex with with 2 detached one level units and two level units. Front Unit#3502 3 bedrooms 1 bathroom/ Unit#148 has 1 bedroom 1 bathroom/ Rear units #146 2 bedrooms 1 bathrooms/ Unit 1/2 has 2 bedrooms 1 bathroom. All units are rented to long term tenants.

Last Agent to Sell the Property

Debbie Santiago

Re/Max Masters License #01390870 Listed on: 11/01/2012

Re/Max Masters

Last Buyer's Agent

Thaniel Davidson

A Unlimited Realty License #00663770

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,610

Year Built

  • Built in 1922

Lot Details

  • 7,128

Parking

  • 4 Parking Spaces

Home Design

  • 3,544 Sq Ft Home
  • Contemporary Architecture
  • Wood Siding
  • Stucco

Additional Features

  • 7,128 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 5179015017

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,610

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5179015017
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 97.63

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7128.00
  • Lot Size Acres: 0.1640

Multi Family

  • Gross Multiplier: 104.40
  • Gross Scheduled Income: 3089.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Tax Info

  • Tax Area: 4
  • Tax Lot: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2012
Closed on
Jan 7, 2013
Sold by
Owb Reo Llc
Bought by
Park Soon Won and Park Pil Hee
Seller's Agent
Debbie Santiago
Re/Max Masters
Buyer's Agent
Thaniel Davidson
A Unlimited Realty
List Price
$349,900
Sold Price
$346,000
Premium/Discount to List
-$3,900
-1.11%
Current Estimated Value
$916,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,258
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Aug 16, 2012
Sold by
Escobar Carlos A and Escobar Edna
Bought by
Owb Reo Llc

Purchase Details

Closed on
Apr 1, 2012
Sold by
Escobar Carlos A and Escobar Edna
Bought by
Valdez Canderia and Carrasco Abelardo

Purchase Details

Closed on
Dec 3, 2002
Sold by
Ysais Rose F and Estate Of Juan N Felix
Bought by
Escobar Carlos A and Escobar Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,744
Interest Rate
6.03%
Mortgage Type
FHA
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
Park Soon Won $346,000 Lsi Title Company
Owb Reo Llc $306,359 Accommodation
Valdez Canderia -- None Available
Escobar Carlos A $305,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escobar Carlos A $990,000
Previous Owner Escobar Carlos A $895,900
Previous Owner Escobar Carlos A $106,100
Previous Owner Escobar Carlos A $568,000
Previous Owner Escobar Carlos A $400,500
Previous Owner Escobar Carlos A $300,744
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2013 02/11/13 Sold $346,000 -1.1% $98 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $349,900 -- $99 / 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 $5,610 $426,063 $216,726 $209,337
2024 $5,610 $417,710 $212,477 $205,233
2023 $5,511 $409,520 $208,311 $201,209
2022 $5,270 $401,491 $204,227 $197,264
2021 $5,190 $393,620 $200,223 $193,397
2020 $5,234 $389,584 $198,170 $191,414
2019 $5,044 $381,946 $194,285 $187,661
2018 $4,936 $374,458 $190,476 $183,982
2016 $4,690 $359,920 $183,081 $176,839
2015 $4,627 $354,514 $180,331 $174,183
2014 $4,667 $347,570 $176,799 $170,771
Source: Public Records

Agents Affiliated with this Home

  • Debbie Santiago

    Seller's Agent in 2013

    Debbie Santiago

    RE/MAX

    (562) 307-5429

    26 Total Sales

    Section Image

  • T

    Buyer's Agent in 2013

    Thaniel Davidson

    A Unlimited Realty

    (562) 618-9985

    8 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1205491

California Regional Multiple Listing Service (CRMLS)

APN: 5179-015-017

California Los Angeles County Los Angeles 90063

3503 E 2nd St, Los Angeles, CA

This home is located at 3503 E 2nd St, Los Angeles, CA 90063 since 01 November 2012 and is currently estimated at $916,258, approximately $258 per square foot. This property was built in 1922. 3503 E 2nd St is a home located in Los Angeles County with nearby schools including Belvedere Elementary School, Robert Louis Stevenson Middle School, and Theodore Roosevelt 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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