NOT LISTED FOR SALE

Estimated Value: $921,000 - $1,441,000

4 Beds
3.5 Baths
1,536 Sq Ft
$770/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $1,008,000 $656 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,720/month

9 Days on Market

Highlights

  • Solar Power System
  • 2-minute walk to Heritage Square/Arroyo Station
  • 1 Car Attached Garage
  • Abraham Lincoln High School Rated A
  • Craftsman Architecture
  • 3-minute walk to Greayers Oak Mini Park

About This Home

As of December 2020

Amazing opportunity to own this versatile multi-unit property delivered vacant, in booming NELA area, wlkg dist to Metro Gold line. 2 detached legal units (2bd, 2ba + 1bd,1ba) & a 3rd studio unit remodeled with kitchenette & toilet, ready to be converted into an ADU. Either occupy all units w/ your extended family or occupy one for yourself & rent the others to cover your mortgage. Or invest in a rental property w/ a cap rate above 6. The front Craftsman home (2bd, 2ba) features frosted glass doors, original hardwood floors, master bd w/ ensuite ba & an open floor plan topped off w/ vaulted ceilings. Combined with a drought-tolerant front yard, a raised planter and paid-for solar panels, you get the perfect Californian lifestyle. The back 1+1 unit has mountain views. The separate studio is next to the garage/office. 2+ tandem parking spaces in the driveway. Enjoy the incredibly maintained backyard w/ fruit trees, built-in bbq, ext shower & new private deck. Check our 3D Virtual Tour

Last Agent to Sell the Property

kareen slajer

Keller Williams Realty Los Feliz License #01710918 Listed on: 10/19/2020

Keller Williams Realty Los Feliz

Co-Listed By

Cyril Saelens

Keller Williams Realty Los Feliz License #02037404

Last Buyer's Agent

Davi Nogueira

Compass License #01991473

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,981

Year Built

  • Built in 1923

Lot Details

  • 3,003

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Additional Features

  • Solar Power System
  • Outdoor Grill
  • 3,003 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5446-022-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,981

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 1536
  • Lot Acreage: 0.0689
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Refrigerator: 3
  • Bedrooms: 4
  • Laundry: Outside
  • Total Bathrooms: 3.50
  • Equipment: Dishwasher, Dryer, Barbeque, Microwave, Washer, Range/Oven, Refrigerator, Solar Panels, Garbage Disposal
  • Price Per S Q F T: 576.17

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Parking Garage: Attached, Driveway, Garage - 1 Car
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Expense: 2400.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1400.00

Lot Info

  • Assessed Improvement Percent: 22.73
  • Assessed Improvement Value: 105624
  • Assessed Land Percent: 77.27
  • Assessed Land Value: 359122
  • Total Assessed Value: 464746
  • Assessor Parcel Number: 5446-022-028
  • Lot Size Area: 3003

Rental Info

  • Number Leased: 0

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.52
  • Number Of Units: 3
  • Total Annual Expense: 15823
  • Type Of Units: Unit
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 11063.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 8, 2020
Sold by
Vachier Pablo
Bought by
Sanchez Gabriel Sepulveda
Seller's Agent
kareen slajer
Keller Williams Realty Los Feliz
Buyer's Agent
Davi Nogueira
Compass
List Price
$885,000
Sold Price
$1,008,000
Premium/Discount to List
$123,000
13.9%
Total Days on Market
9
Current Estimated Value
$1,182,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,434
Avg. Annual Appreciation
3.63%
Original Mortgage
$989,742
Outstanding Balance
$892,702
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$289,732

Purchase Details

Listed on
Oct 25, 2013
Closed on
Nov 20, 2013
Sold by
Verono Llc
Bought by
Vachier Pablo
Seller's Agent
Nora Ochoa
Central Real Estate
Buyer's Agent
Uri Ron
Realty Source Incorporated
List Price
$399,000
Sold Price
$440,000
Premium/Discount to List
$41,000
10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$432,030
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 22, 2013
Closed on
Apr 12, 2013
Sold by
Mederos Maria Elena
Bought by
Verono Llc
Seller's Agent
Nora Ochoa
Central Real Estate
Buyer's Agent
Deanna Hart
List Price
$279,000
Sold Price
$255,000
Premium/Discount to List
-$24,000
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
152.08%
Original Mortgage
$74,751
Interest Rate
3.41%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Sanchez Gabriel Sepulveda $1,008,000 Fidelity National Title
Vachier Pablo $440,000 Usa National Title Company
Verono Llc $255,000 Usa National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Gabriel Sepulveda $989,742
Previous Owner Vachier Pablo $420,200
Previous Owner Vachier Pablo $426,323
Previous Owner Vachier Pablo $432,030
Previous Owner Verono Llc $74,751
Previous Owner Verono Llc $219,000
Previous Owner Mederos Maria Elena $217,000
Previous Owner Mederos Maria Elena $170,000
Previous Owner Mederos Maria Elena $10,000
Previous Owner Mederos Maria Elena $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $1,008,000 +13.9% $656 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $885,000 +101.1% $576 / Sq Ft
12/20/2013 12/20/13 Sold $440,000 +10.3% $385 / Sq Ft
11/09/2013 11/09/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $399,000 +56.5% $349 / Sq Ft
05/17/2013 05/17/13 Sold $255,000 -8.6% $644 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $279,000 -- $705 / Sq Ft
Source: The MLS

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 $12,981 $1,069,696 $636,724 $432,972
2023 $12,727 $1,048,723 $624,240 $424,483
2022 $12,123 $1,028,160 $612,000 $416,160
2021 $12,059 $1,008,000 $600,000 $408,000
2020 $6,045 $493,189 $381,102 $112,087
2019 $5,806 $483,520 $373,630 $109,890
2018 $5,752 $474,040 $366,304 $107,736
2016 $5,492 $455,634 $352,081 $103,553
2015 $5,411 $448,791 $346,793 $101,998
2014 $5,436 $440,000 $340,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-649314

The MLS

APN: 5446-022-028