NOT LISTED FOR SALE

3532 Arroyo Seco Ave Los Angeles, CA 90065

Cypress Park Neighborhood

Estimated Value: $805,668 - $966,000

4 Beds
3 Baths
1,785 Sq Ft
$485/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $700,000 $392 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,550/month

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 4-minute walk to Heritage Square/Arroyo Station
  • No HOA
  • Abraham Lincoln High School Rated A
  • Wood Flooring
  • 5-minute walk to Greayers Oak Mini Park

About This Home

As of July 2021

These are 3 units in highly desired area of Highland. Very close to 5 Freeway and accessible to other freeways. Close to shops, restaurants and transportation. Front home consists of 2 bedrooms 1 bath, and 1 bedroom each duplex in back. These units are ready for someone who wants to save and do some work and make the a show place. Lots of potential.

Last Agent to Sell the Property

Ana Silva

REALTY WORLD CALIFORNIA PROP. License #00899768 Listed on: 05/11/2021

REALTY WORLD CALIFORNIA PROP.

Last Buyer's Agent

elias klaeb

Premier Team Real Estate License #01041910

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,109

Year Built

  • Built in 1926

Lot Details

  • 5,470 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Rectangular Lot
  • Back and Front Yard

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 1,785 Sq Ft Home
  • Decorative Fireplace
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 8 / 1
  • Assessor Parcel Number 5446023011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Trash Expense $53
  • Water Sewer Expense $250
  • New Taxes Expense $10,187
  • Operating Expense $3,500
  • Gross Income $26,400
  • Net Operating Income $22,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,109

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Other Phone Description: 562-618-2892
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 250.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5446023011
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: No
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 392.16
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 53.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 5470.00
  • Lot Size Acres: 0.1256

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 26400.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 950.00
  • Lot Size Area: 5470.0000 Square Feet
  • Net Operating Income: 22900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3500.00
  • Rent Control: Yes
  • Total Expenses: 3500.00

Tax Info

  • New Taxes Expense: 10187.00
  • Tax Block: 1
  • Tax Census Tract: 1990.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 27, 2021
Sold by
Bonilla Elaria Moya
Bought by
Alvarez Virginia
Seller's Agent
Ana Silva
REALTY WORLD CALIFORNIA PROP.
Buyer's Agent
elias klaeb
Premier Team Real Estate
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$864,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,917
Avg. Annual Appreciation
4.79%
Original Mortgage
$548,250
Outstanding Balance
$503,876
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$342,324

Purchase Details

Listed on
May 11, 2021
Closed on
May 28, 2021
Sold by
Alvarez Virginia and Bonilia Ruth M
Bought by
Schulze Erich Henry
Seller's Agent
Ana Silva
REALTY WORLD CALIFORNIA PROP.
Buyer's Agent
elias klaeb
Premier Team Real Estate
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$503,876
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$342,324

Purchase Details

Closed on
Jan 16, 1998
Sold by
Bonilla Cipriano C
Bought by
Bonilla Elaria M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schulze Erich Henry $700,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulze Erich Henry $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $700,000 -6.7% $392 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $750,000 -- $420 / 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
2024 $9,109 $728,280 $473,382 $254,898
2023 $8,935 $714,000 $464,100 $249,900
2022 $8,524 $700,000 $455,000 $245,000
2021 $847 $49,087 $28,055 $21,032
2020 $848 $48,585 $27,768 $20,817
2019 $826 $47,633 $27,224 $20,409
2018 $743 $46,700 $26,691 $20,009
2016 $690 $44,888 $25,655 $19,233
2015 $682 $44,215 $25,270 $18,945
2014 $704 $43,349 $24,775 $18,574
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ana Silva

    REALTY WORLD CALIFORNIA PROP.

    (323) 728-4200

    1 in this area

    9 Total Sales

    Ana Silva
    Section Image
  • elias klaeb

    Buyer's Agent in 2021

    elias klaeb

    Premier Team Real Estate

    (949) 633-9995

    1 in this area

    16 Total Sales

    elias klaeb
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21100369

California Regional Multiple Listing Service (CRMLS)

APN: 5446-023-011

California Los Angeles County Los Angeles 90065 Cypress Park

3532 Arroyo Seco Ave, Los Angeles, CA

This home is located at 3532 Arroyo Seco Ave, Los Angeles, CA 90065 since 11 May 2021 and is currently estimated at $864,917, approximately $484 per square foot. This property was built in 1926. 3532 Arroyo Seco Ave is a home located in Los Angeles County with nearby schools including Loreto Street Elementary School, Florence Nightingale Middle, and Benjamin Franklin 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

Nearby Homes