NOT LISTED FOR SALE

3641 Lanfranco St Los Angeles, CA 90063

Estimated Value: $1,304,000 - $1,428,110

7 Beds
3 Baths
3,179 Sq Ft
$434/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $1,360,000 $428 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,792/month

31 Days on Market

Highlights

  • Cabana
  • Gated Parking
  • 8 Car Attached Garage
  • James A. Garfield Senior High School Rated A
  • 0.26 Acre Lot

About This Home

As of April 2022

Back-on-Market, buyer didn't perform. Over 5CAP Great Income Property with Huge Lot over 11,000 sq ft in East LA. 3 separate buildings; no shared wall, of each unit with an ample parking and driveway. Fully finished Garage for extra storage or rec room. Conveniently located in a quiet residential area and well centralized, close to Mariachi Plaza, LAC Hospital, USC Medical, Cal State LA, Metro Gold Line, minutes to Downtown Los Angeles, Dodger Stadium, Staples Center, quick access to freeways 5, 60, 10, 710 and 110 Fwy. Not subject to the city of LA's Rent Stabilization Ordinance (RSO)

Last Agent to Sell the Property

Arthur Yoon

Redpoint Realty License #01955545 Listed on: 01/28/2022

Last Buyer's Agent

Mark Velasco

West Shores Realty, Inc. License #01789768

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,893

Year Built

  • Built in 1905

Lot Details

  • 0.26 Acre Lot
  • Property is zoned LCR4YY

Interior Spaces

  • 3,179 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Parking

  • 8 Car Attached Garage
  • Driveway
  • Gated Parking

Pool

  • Cabana

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5238-002-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,893

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3179
  • Lot Acreage: 0.2614
  • Stories: 2
  • Year Built: 1905
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas
  • Bedrooms: 7
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 458.95

Exterior Features

  • Other Structures: Cabana

Garage/Parking

  • Parking Garage: Covered Parking, Driveway - Concrete, Driveway, Driveway - Pavers, Garage Is Detached, Gated
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 38.78
  • Assessed Improvement Value: 287952
  • Assessed Land Percent: 61.22
  • Assessed Land Value: 454662
  • Total Assessed Value: 742614
  • Assessor Parcel Number: 5238-002-017
  • Lot Size Area: 11387

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.41
  • Number Of Units: 3
  • Total Annual Expense: 34222
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Mar 17, 2020
Sold by
Calderon Antonio and Calderon Gloria L
Bought by
Lee Chong Hee
Seller's Agent
Corina Preece
EXCELLENCE RE REAL ESTATE
Buyer's Agent
ERIC HERNANDEZ
EXCELLENCE RE REAL ESTATE
List Price
$710,000
Sold Price
$740,000
Premium/Discount to List
$30,000
4.23%
Current Estimated Value
$1,379,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,028
Avg. Annual Appreciation
11.76%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Mar 16, 2020
Sold by
Lee Sang Cheon
Bought by
Lee Chong Hee
Seller's Agent
Corina Preece
EXCELLENCE RE REAL ESTATE
Buyer's Agent
ERIC HERNANDEZ
EXCELLENCE RE REAL ESTATE
List Price
$710,000
Sold Price
$740,000
Premium/Discount to List
$30,000
4.23%

Purchase Details

Closed on
Sep 13, 2019
Sold by
Eyserbeck William Lewis and Eyserbeck Adrienne
Bought by
Calderon Antonio and Calderon Gloria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2010
Sold by
Calderon Antonio
Bought by
Calderon Antonio and Calderon Gloria I

Purchase Details

Closed on
Feb 3, 2009
Sold by
Calderon Antonio and The Revocable Family Trust Of
Bought by
Calderon Antonio and Eyserbeck Adrienne

Purchase Details

Closed on
Sep 15, 1993
Sold by
Calderon Antonio and Calderon Micaela
Bought by
Calderon Antonio and Calderon Micaela
Source: Public Records

Range of Values:

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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
Lee Chong Hee $735,000 Orange Coast Title Company
Lee Chong Hee -- Orange Coast Title Company
Calderon Antonio -- Orange Coast Ttl Co Of Socal
Calderon Antonio -- None Available
Calderon Antonio -- None Available
Calderon Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calderon Antonio $361,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2022 04/26/22 Sold $1,360,000 -6.8% $428 / Sq Ft
03/30/2022 03/30/22 For Sale $1,459,000 0.0% $459 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/17/2022 02/17/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $1,459,000 +97.2% $459 / Sq Ft
03/24/2020 03/24/20 Sold $740,000 +4.2% $233 / Sq Ft View Prior Sale
01/11/2020 01/11/20 For Sale $710,000 -4.1% $223 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/09/2020 01/09/20 Off Market $740,000 -- --
11/25/2019 11/25/19 For Sale $710,000 -- $223 / 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
2025 $18,893 $1,443,242 $1,061,208 $382,034
2024 $18,893 $1,414,944 $1,040,400 $374,544
2023 $18,317 $1,387,200 $1,020,000 $367,200
2022 $10,527 $757,466 $463,755 $293,711
2021 $10,404 $742,614 $454,662 $287,952
2020 $6,351 $386,202 $213,081 $173,121
2019 $2,522 $72,033 $25,688 $46,345
2018 $2,252 $70,622 $25,185 $45,437
2016 $2,145 $67,882 $24,208 $43,674
2015 $2,123 $66,863 $23,845 $43,018
2014 $2,136 $65,554 $23,378 $42,176
Source: Public Records

Agents Affiliated with this Home

  • Arthur Yoon

    Seller's Agent in 2022

    Arthur Yoon

    Redpoint Realty

    (213) 800-2969

    1 in this area

    14 Total Sales

    Arthur Yoon
    Section Image
  • Mark Velasco

    Buyer's Agent in 2022

    Mark Velasco

    West Shores Realty, Inc.

    (626) 392-9499

    1 in this area

    36 Total Sales

    Mark Velasco
    Section Image
  • Corina Preece

    Seller's Agent in 2020

    Corina Preece

    EXCELLENCE RE REAL ESTATE

    (562) 205-6828

    3 in this area

    67 Total Sales

    Corina Preece
    Section Image

  • E

    Buyer's Agent in 2020

    ERIC HERNANDEZ

    EXCELLENCE RE REAL ESTATE

    Section Image
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Map

Source: The MLS

MLS Number: 22-122689

The MLS

APN: 5238-002-017

California Los Angeles County Los Angeles 90063

3641 Lanfranco St, Los Angeles, CA

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