NOT LISTED FOR SALE

3553 Percy St Los Angeles, CA 90023

Estimated Value: $2,826,000

3 Beds
1 Bath
3,318 Sq Ft
$852/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $660,000 $199 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $17,026/month

12 Days on Market

Highlights

  • High Ceiling
  • Laundry Room
  • Wall Furnace
  • Felicitas and Gonzalo Mendez High Rated A-
  • South Facing Home
  • Front Yard

About This Home

As of November 2019

Great income/investment property. 3 units, property consist of 3 bedrooms / 1 bathroom each unit. 3 separate structures. large 8,989 sq ft lot, zoned LARD1.5. Front unit will be turned over vacant, buyer to take the other 2 units with tenants. Property needs TLC, but has great potential. This property won't last!!!

Last Agent to Sell the Property

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 06/28/2019

Last Buyer's Agent

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 06/28/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,537

Year Built

  • Built in 1914

Lot Details

  • 8,990 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Front Yard

Home Design

  • Triplex
  • Split Level Home
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,318 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 20 / 5
  • Tax Tract Number 20
  • Assessor Parcel Number 5188006021

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,500
  • Net Operating Income $6,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,537

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5188006021
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 198.92

Exterior Features

  • Direction Faces: South
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8990.00
  • Lot Size Acres: 0.2064

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 6600.00
  • Lot Size Area: 8990.0000 Square Feet
  • Net Operating Income: 6400.00
  • 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: 200.00
  • Rent Control: Yes

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 2049.10
  • Tax Lot: 20
  • Tax Tract Number: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2019
Sold by
Tenorio Ramon
Bought by
3553 Percy Llc
Current Estimated Value
$2,826,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Gutierrez Juan Ramon and Tenorio Ramon
Bought by
Tenorio Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Gutierrez Juan Ramon
Bought by
Gutierrez Juan Ramon and Tenorio Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2004
Sold by
Tenorio Ramon and Gutierrez Juan Ramon
Bought by
Gutierrez Juan Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2002
Sold by
Araujo Ruben V and Araujo Debra C
Bought by
Tenorio Ramon and Gutierrez Juan Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,395
Interest Rate
7.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
3553 Percy Llc $653,000 Equity Title Company
Tenorio Ramon -- Chicago Title Company
Gutierrez Juan Ramon -- Chicago Title Co
Gutierrez Juan Ramon -- Commonwealth Land Title Co
Tenorio Ramon $298,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3553 Percy Llc $1,750,000
Previous Owner 3553 Percy Llc $150,000
Previous Owner Tenorio Ramon $500,000
Previous Owner Tenorio Ramon $76,000
Previous Owner Tenorio Ramon $512,000
Previous Owner Tenorio Ramon $457,600
Previous Owner Gutierrez Juan Ramon $408,000
Previous Owner Gutierrez Juan Ramon $346,500
Previous Owner Tenorio Ramon $293,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $660,000 -2.2% $199 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $675,000 -- $203 / 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 $19,537 $1,553,249 $714,149 $839,100
2024 $19,537 $1,522,795 $700,147 $822,648
2023 $19,174 $1,492,937 $686,419 $806,518
2022 $17,972 $1,463,664 $672,960 $790,704
2021 $14,185 $1,171,265 $659,765 $511,500
2020 $8,449 $653,000 $400,000 $253,000
2019 $10,456 $845,286 $490,022 $355,264
2018 $10,252 $828,713 $480,414 $348,299
2016 $9,780 $796,535 $461,760 $334,775
2015 $9,639 $784,571 $454,824 $329,747
2014 $9,684 $769,203 $445,915 $323,288
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ray Penado

    Excellence RE Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19149989

California Regional Multiple Listing Service (CRMLS)

APN: 5188-006-021

California Los Angeles County Los Angeles 90023

3553 Percy St, Los Angeles, CA

This home is located at 3553 Percy St, Los Angeles, CA 90023 since 28 June 2019 and is currently estimated at $2,826,000, approximately $851 per square foot. This property was built in 1914. 3553 Percy St is a home located in Los Angeles County with nearby schools including Lorena Street Elementary School, Robert Louis Stevenson Middle School, and Theodore Roosevelt High School.

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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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