NOT LISTED FOR SALE

3612 Griffith Ave Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $664,000 - $808,485

4 Beds
2 Baths
1,272 Sq Ft
$588/Sq Ft Est. Value

Last Sold August 23, 2017

Last sale price $400,000 $314 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,310/month

76 Days on Market

About This Home

As of August 2017

LOCATION, LOCATION, LOCATION, 2 units, near downtown Los Angeles. This 2 Unit Property is a GREAT OPPORTUNITY for a family or investor, (live in one and rent the 2nd unit), they are in good condition, EACH UNIT IS A 2 BEDROOM 1 BATH. THIS IS A DUPLEX PROPERTY HAS A LOT OF AVAILABLE PARKING, Fruit trees, large back yard. Easy access to Freeways 10 & 110, walking distance to the park, close to schools and downtown Los Angeles. One unit is owner occupied the other is tenant occupied.

Last Agent to Sell the Property

JESUS DIAZ

UNITED BROKERS REALTY License #01112152 Listed on: 12/08/2016

Last Buyer's Agent

Jorge Sanchez

CHAMPIONS REAL ESTATE License #01068575

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,819

Year Built

  • Built in 1950

Lot Details

  • 4,801 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Private Yard
  • Lawn
  • Front Yard

Home Design

  • 1,272 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tax Lot 292
  • Assessor Parcel Number 5114001007

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,920
  • Insurance Expense $600
  • Trash Expense $480
  • Water Sewer Expense $1,740
  • New Taxes Expense $4,920
  • Operating Expense $9,660
  • Gross Income $13,200
  • Net Operating Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,819

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1740.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5114001007
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 314.47

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 4801.00

Multi Family

  • Electric Expense: 1920.00
  • Gross Income: 13200.00
  • Gross Scheduled Income: 13200.00
  • Insurance Expense: 600.00
  • Net Operating Income: 12600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 600.00
  • Rent Control: Yes
  • Total Expenses: 9660.00

Tax Info

  • New Taxes Expense: 4920.00
  • Tax Census Tract: 2283.10
  • Tax Lot: 292
  • Tax Tract Number: 99999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2017
Sold by
Alvarado Jose Armando Nataren
Bought by
Cajero Roberto Castilo
Current Estimated Value
$747,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2013
Sold by
Mejia Luis
Bought by
Alvarado Jose Armando Nataren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2004
Sold by
Piche Renato
Bought by
Mejia Luis and Fuentes Alma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Piche Renato
Bought by
Piche Renato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 23, 2001
Sold by
Piche Hilaria Beltran
Bought by
Piche Renato

Purchase Details

Closed on
May 29, 1998
Sold by
Ramos Rigoberto
Bought by
Piche Renato and Piche Hilaria Beltran

Purchase Details

Closed on
Mar 10, 1994
Sold by
Ramos Rigoberto
Bought by
Ramos Rigoberto and Ramos Eva Orta

Purchase Details

Closed on
Aug 11, 1993
Sold by
Bonilla Rosalio
Bought by
Ramos Rigoberto and Ramos Eva Orta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,830
Interest Rate
4.35%
Source: Public Records

Range of Values:

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Average Value
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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
Cajero Roberto Castilo $400,000 Lawyers Title
Alvarado Jose Armando Nataren $175,000 None Available
Mejia Luis $329,000 Fidelity National Title Comp
Piche Renato -- Diversified Title & Escrow S
Piche Renato -- --
Piche Renato -- --
Ramos Rigoberto -- --
Ramos Rigoberto $170,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cajero Roberto Castilo $392,755
Previous Owner Alvarado Jose Armando Nataren $171,830
Previous Owner Mejia Luis $331,000
Previous Owner Mejia Luis $263,200
Previous Owner Piche Renato $20,000
Previous Owner Piche Renato $196,000
Previous Owner Ramos Rigoberto $152,830
Closed Mejia Luis $65,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2017 08/23/17 Sold $400,000 0.0% $314 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/10/2017 01/10/17 Price Changed $399,999 -2.4% $314 / Sq Ft
12/08/2016 12/08/16 For Sale $409,999 -- $322 / 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 $14,819 $538,515 $284,454 $254,061
2024 $14,819 $527,957 $278,877 $249,080
2023 $14,694 $517,606 $273,409 $244,197
2022 $14,394 $507,458 $268,049 $239,409
2021 $13,738 $450,781 $262,794 $187,987
2019 $13,229 $408,000 $255,000 $153,000
2018 $4,982 $400,000 $250,000 $150,000
2016 $2,335 $181,217 $144,974 $36,243
2015 $2,303 $178,496 $142,797 $35,699
2014 $2,323 $175,000 $140,000 $35,000
Source: Public Records

Agents Affiliated with this Home

  • JESUS DIAZ

    Seller's Agent in 2017

    JESUS DIAZ

    UNITED BROKERS REALTY

    (626) 252-2432

    20 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jorge Sanchez

    CHAMPIONS REAL ESTATE

    (213) 595-1179

    20 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16761944

California Regional Multiple Listing Service (CRMLS)

APN: 5114-001-007

California Los Angeles County Los Angeles 90011 Historic South Central

3612 Griffith Ave, Los Angeles, CA

This home is located at 3612 Griffith Ave, Los Angeles, CA 90011 since 08 December 2016 and is currently estimated at $747,871, approximately $587 per square foot. This property was built in 1950. 3612 Griffith Ave is a home located in Los Angeles County with nearby schools including Wadsworth Avenue Elementary School, William Jefferson Clinton Middle School, and Thomas Jefferson Senior 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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