NOT LISTED FOR SALE

356 E 83rd St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $727,000 - $875,000

7 Beds
3 Baths
1,644 Sq Ft
$493/Sq Ft Est. Value

Last Sold March 17, 2015

Last sale price $425,000 $259 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,727/month

109 Days on Market

About This Home

As of March 2015

Price Reduction, Good property located in a family neighborhood with nice low maintenance landscaping and plenty rooms, Great for Investment opportunity Live in one and rent the other!, front unit showing 4 bedrooms and 2 baths, back unit show 3 bedrooms and 1 bath, complete remodeled, New Stucco, New Roof, new electric panels, new windows. Front Unit is vacant, back unit is rented, do not disturb the tenants, big lot size 6500 sqft, Corner lot, each house has own entrance, all utilities are separated.

Last Agent to Sell the Property

Edwin Perez

Excellence RE Real Estate License #01746997 Listed on: 03/10/2015

Last Buyer's Agent

Alicia Mendoza

Real Estate Connection License #01193650

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,687

Year Built

  • Built in 1925

Lot Details

  • 6,500 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Converted Garage
  • Parking Available

Home Design

  • 1,644 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 26
  • Assessor Parcel Number 6030023022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,687

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6030023022
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 258.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Converted Garage, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 1500.00
  • Lot Size Area: 6500.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 50
  • Tax Tract Number: 26/26
  • Tax Annual Amount: 5687.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
Feb 20, 2015
Sold by
Diaz Maricela
Bought by
Manzo Alberto Diaz
Seller's Agent
Edwin Perez
Excellence RE Real Estate
Buyer's Agent
Alicia Mendoza
Real Estate Connection
List Price
$455,000
Sold Price
$425,000
Premium/Discount to List
-$30,000
-6.59%
Current Estimated Value
$810,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,307
Avg. Annual Appreciation
6.12%
Original Mortgage
$417,302
Outstanding Balance
$317,006
Interest Rate
3.54%
Mortgage Type
FHA
Estimated Equity
$493,301

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jan 23, 2015
Sold by
Zamora Ruben
Bought by
Torres Rosa
Seller's Agent
Edwin Perez
Excellence RE Real Estate
Buyer's Agent
Alicia Mendoza
Real Estate Connection
List Price
$455,000
Sold Price
$425,000
Premium/Discount to List
-$30,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$317,006
Interest Rate
3.54%
Mortgage Type
FHA
Estimated Equity
$493,301

Purchase Details

Closed on
Dec 23, 2014
Sold by
Torres Rosa
Bought by
Manzo Albert Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$317,006
Interest Rate
3.54%
Mortgage Type
FHA
Estimated Equity
$493,301

Purchase Details

Closed on
Oct 3, 2013
Sold by
Hill Frank and Hill Maureen
Bought by
Torres Rosa

Purchase Details

Closed on
Nov 2, 2010
Sold by
Zamora Ruben
Bought by
Hill Frank and Hill Maureen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manzo Alberto Diaz -- Chicago Title Company
Torres Rosa -- Accommodation
Manzo Albert Diaz $425,000 Chicago Title Company
Torres Rosa $215,000 None Available
Hill Frank $213,282 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manzo Alberto Diaz $417,302
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2015 03/17/15 Sold $425,000 -6.6% $259 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $455,000 -- $277 / 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 $6,377 $510,779 $288,440 $222,339
2024 $6,377 $500,765 $282,785 $217,980
2023 $6,258 $490,947 $277,241 $213,706
2022 $5,973 $481,321 $271,805 $209,516
2021 $5,896 $471,884 $266,476 $205,408
2020 $5,953 $467,046 $263,744 $203,302
2019 $5,725 $457,889 $258,573 $199,316
2018 $5,628 $448,911 $253,503 $195,408
2016 $5,373 $431,481 $243,660 $187,821
2015 $4,760 $380,000 $200,000 $180,000
2014 $3,756 $288,023 $170,088 $117,935
Source: Public Records

Agents Affiliated with this Home

  • Edwin Perez

    Seller's Agent in 2015

    Edwin Perez

    Excellence RE Real Estate

    (323) 314-7676

    10 Total Sales

    Edwin Perez
    Section Image

  • A

    Buyer's Agent in 2015

    Alicia Mendoza

    Real Estate Connection

    (626) 915-7377

    1 in this area

    44 Total Sales

    Alicia Mendoza
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14190559

California Regional Multiple Listing Service (CRMLS)

APN: 6030-023-022

California Los Angeles County Los Angeles 90003 Florence

356 E 83rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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