NOT LISTED FOR SALE

Estimated Value: $1,297,000 - $1,848,651

4 Beds
3 Baths
1,625 Sq Ft
$912/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $595,000 $366 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $8,962/month

14 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • John Marshall Senior High Rated A
  • Tile Flooring
  • Wrought Iron Fence

About This Home

As of May 2013

Great Opportunity for res. income or home buyers who want income to help pay the mortgage. Charming Atwater Village community close to shopping, freeways and the ever growing downtown Los Angeles.
The front house is 3 bed rm, 1 & 3/4 baths. Central Heating and Air. Large living/dining area. Kitchen w/breakfast area. Covered patio, Built in BBQ and play area/yard, two car garage. There is also a gated area that can be used for a dog run.
Rear House has 1 br;1ba;kitch w/bka, side and small rear yard. The long driveway to rear allows parking of at least two additional cars behind wrought iron gates. Chain link fencing surrounds three sides of the property. Each unit has its own Washer and Dryer within. Fully rented with Great tenants. The rear unit has its own address--3651 1/2 Boyce Ave.

Last Agent to Sell the Property

scott wolkoff

Ramsey-Shilling Assoc. License #00643907 Listed on: 03/07/2013

Last Buyer's Agent

Andreas Ohanessian

SB Realty, Inc. License #01731105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,124

Year Built

  • Built in 1947

Lot Details

  • 6,753 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,625 Sq Ft Home
  • Composition Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Additional Features

  • Dishwasher
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2004
  • Assessor Parcel Number 5435007017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,725
  • Water Sewer Expense $1,241
  • New Taxes Expense $5,196
  • Gross Income $2,950
  • Net Operating Income $12,958

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,124

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1241.00
  • Property Type: Residential Income
  • Parcel Number: 5435007017
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 366.15
  • Room Type: All Bedrooms Up

Exterior Features

  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6753.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 2950.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 1725.00
  • Lot Size Area: 6753.0000 Square Feet
  • Net Operating Income: 12958.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1277.00
  • Rent Control: Yes
  • Total Actual Rent: 2950.00

Tax Info

  • New Taxes Expense: 5196.00
  • Tax Lot: 15
  • Tax Tract Number: 2004
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Poghosyan Anna
Bought by
Ohanessian Andreas A
Current Estimated Value
$1,482,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$323,501
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,159,162

Purchase Details

Closed on
Feb 23, 2021
Sold by
Ohanessian Andreas A
Bought by
Ohanessian Andreas A and Ohanessian Natalie K

Purchase Details

Closed on
Jan 26, 2021
Sold by
Ohanessian Ralph and Ohanessian Sirush W
Bought by
Ohanessian Andreas A

Purchase Details

Closed on
May 31, 2016
Sold by
Ohanessian Ralph and Ohanessian Sirush W
Bought by
Ohanessian Family Trust

Purchase Details

Listed on
Mar 7, 2013
Closed on
May 3, 2013
Sold by
Boyce Llc
Bought by
Ohanessian Ralph and Ohanessian Sirush W
Seller's Agent
scott wolkoff
Ramsey-Shilling Assoc.
Buyer's Agent
Andreas Ohanessian
SB Realty, Inc.
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$416,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2011
Sold by
Vizcarra Sandra and Vizcarra Fernando
Bought by
Boyce Llc

Purchase Details

Closed on
Jul 8, 2005
Sold by
Vizcarra Esther
Bought by
Vizcarra Sandy and Vizcarra Fernando

Purchase Details

Closed on
Apr 27, 2005
Sold by
Vizcarra Fernando
Bought by
Vizcarra Esther

Purchase Details

Closed on
Feb 17, 2005
Sold by
Vizcarra Esther and The Vizcarra Family Trust
Bought by
Vizcarra Fernando and Vizcarra Esther

Purchase Details

Closed on
Jul 8, 1999
Sold by
Vizcarra Fernando and Vizcarra Esther
Bought by
Vizcarra Fernando and Vizcarra Esther
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
Ohanessian Andreas A -- Orange Coast Ttl Co Of Socal
Ohanessian Andreas A -- None Available
Ohanessian Andreas A -- None Available
Ohanessian Family Trust -- None Available
Ohanessian Ralph $595,000 Old Republic Title
Boyce Llc -- Priority Title
Vizcarra Sandy -- --
Vizcarra Esther -- --
Vizcarra Fernando -- --
Vizcarra Fernando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohanessian Andreas A $355,000
Closed Ohanessian Ralph $416,500
Previous Owner Vizcarra Sandy $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $595,000 0.0% $366 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $595,000 -- $366 / 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 $10,124 $825,818 $517,193 $308,625
2024 $10,124 $809,626 $507,052 $302,574
2023 $9,931 $793,752 $497,110 $296,642
2022 $12,856 $1,071,000 $612,000 $459,000
2021 $8,316 $676,891 $477,807 $199,084
2020 $8,398 $669,951 $472,908 $197,043
2019 $8,071 $656,816 $463,636 $193,180
2018 $7,973 $643,939 $454,546 $189,393
2016 $7,620 $618,937 $436,897 $182,040
2015 $7,510 $609,641 $430,335 $179,306
2014 $7,543 $597,700 $421,906 $175,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13039222

California Regional Multiple Listing Service (CRMLS)

APN: 5435-007-017