NOT LISTED FOR SALE

Estimated Value: $848,542 - $1,134,000

4 Beds
4 Baths
4,728 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2014

Last sale price $450,000 $95 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,712 / mo

133 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • East Facing Home
  • Laundry Room
  • ENERGY STAR Qualified Windows
  • Wall Furnace

About This Home

As of April 2014

Excellent Investment Opportunity! Very well maintained property with 4 spacious units total. Located in furniture district of Los Angeles. Within close proximity to Los Angeles Memorial Coliseum, freeway and shopping. The property has consistently been updated throughout the years and will be very low maintenance for new owner. Each unit features its own kitchen and some units have laundry hook ups. Separate meters for each unit. Gated for privacy.

Last Agent to Sell the Property

Andrea Jimenez

eXp Realty of California Inc. License #01794542 Listed on: 10/14/2013

eXp Realty of California Inc.

Last Buyer's Agent

Farid Aframian

Farid Aframian License #01748185

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 5,401 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Density is 2-5 Units/Acre

Home Design

  • Raised Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Cement Siding

Interior Spaces

  • 4,728 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Windows
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Tax Lot 11
  • Tax Tract Number 2311
  • Assessor Parcel Number 5110004017

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $850
  • Maintenance Expense $540
  • Pest Control $600
  • Water Sewer Expense $2,880
  • New Taxes Expense $271

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

5,401 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 2880.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5110004017
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Levels: Two
  • Price Per Square Foot: 95.18
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Direction Faces: East
  • Foundation: Block, Raised
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Construction Materials: Cement Siding

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Pest Control Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5401.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Insurance Expense: 850.00
  • Lot Size Area: 5401.0000 Square Feet
  • Maintenance Expense: 540.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 2795.00

Tax Info

  • New Taxes Expense: 271.00
  • Tax Lot: 11
  • Tax Tract Number: 2311
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Fain Maria and Aframian Marla Mira
Bought by
Aframian Farid and Aframian Maria Mira
Current Estimated Value
$946,886

Purchase Details

Closed on
Aug 24, 2016
Sold by
Tehrani Deborah
Bought by
Fain Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 14, 2013
Closed on
Apr 5, 2014
Sold by
Susoeff Richard J
Bought by
Guzman Susoeff Alice
Seller's Agent
Andrea Jimenez
eXp Realty of California Inc.
Buyer's Agent
Farid Aframian
Farid Aframian
List Price
$454,000
Sold Price
$450,000
Premium/Discount to List
-$4,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$432,030
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 14, 2013
Closed on
Apr 2, 2014
Sold by
Guzman Susoeff Alice
Bought by
Tehrani Debbie
Seller's Agent
Andrea Jimenez
eXp Realty of California Inc.
Buyer's Agent
Farid Aframian
Farid Aframian
List Price
$454,000
Sold Price
$450,000
Premium/Discount to List
-$4,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 1996
Sold by
Guzman Imelda
Bought by
Guzman Imelda and The Isaac & Imelda Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aframian Farid -- Accommodation
Fain Maria $450,000 Chicago Title Company
Guzman Susoeff Alice -- Orange Coast Title Company O
Tehrani Debbie $440,000 Orange Coast Title Company O
Guzman Imelda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fain Maria $441,849
Previous Owner Tehrani Debbie $432,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $450,000 -0.9% $95 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
10/14/2013 10/14/13 For Sale $454,000 -- $96 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,301 $654,562 $259,967 $394,595
2024 $8,301 $641,728 $254,870 $386,858
2023 $8,148 $629,146 $249,873 $379,273
2022 $7,782 $616,811 $244,974 $371,837
2021 $7,664 $604,718 $240,171 $364,547
2019 $7,441 $586,785 $233,049 $353,736
2018 $7,350 $575,280 $228,480 $346,800
2016 $5,826 $455,634 $207,106 $248,528
2015 $5,745 $448,791 $203,996 $244,795
2014 $5,084 $382,258 $77,888 $304,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13209724

California Regional Multiple Listing Service (CRMLS)

APN: 5110-004-017

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