NOT LISTED FOR SALE

3651 S Gramercy Place Los Angeles, CA 90018

Exposition Park Neighborhood

Estimated Value: $939,000 - $1,103,000

4 Beds
2 Baths
1,836 Sq Ft
$546/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $330,000 $180 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $5,706/month

121 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace
  • Corner Lot
  • Tile Flooring

About This Home

As of April 2012

STANDARD SALE JUST FELL OUT OF ESCROW 2 seperate 2 bedrooms 1 bath each with livingroom-dining room combo, recently painted inside and out, corner property, each approximately 936 Square feet, bathrooms have been updated as well as the kitchens, new carpets and tile floors, live in one and rent out the other. 2nd house is 1906 W. 36th Pl. PLEASE SEE AGENT REMARKS.

Last Agent to Sell the Property

joyce ricard

McAlpin & Company License #00897438 Listed on: 10/13/2011

McAlpin & Company

Last Buyer's Agent

Alberto Alvarez

Berkshire Hathaway HSCP License #01896552

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1922

Lot Details

  • 6,842 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1,836 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Additional Features

  • Disposal
  • All Bedrooms Down
  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1860
  • Assessor Parcel Number 5042020019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $990
  • New Taxes Expense $4,125
  • Gross Income $3,000
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5042020019
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 179.74
  • Room Type: All Bedrooms Down

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6842.00
  • Lot Size Acres: 0.1600

Multi Family

  • Average2 Bed Area: 918
  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 990.00
  • Lot Size Area: 6842.0000 Square Feet
  • Net Operating Income: 21600.00
  • 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: 14400.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4125.00
  • Tax Lot: 2
  • Tax Tract Number: 1860
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2011
Closed on
Mar 20, 2012
Sold by
Lopez Carlos Surian
Bought by
Lopez Carlos Surian and Surian Reyna E
Seller's Agent
joyce ricard
McAlpin & Company
Buyer's Agent
Alberto Alvarez
Berkshire Hathaway HSCP
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$1,001,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,740
Avg. Annual Appreciation
8.55%
Original Mortgage
$321,634
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2012
Sold by
The S Gramercy Pl Trust
Bought by
Lopez Carlos Surian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,634
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2011
Sold by
Shores Erick Matthew
Bought by
The S Gramercy Pl Trust and Dcb United Llc

Purchase Details

Closed on
Mar 23, 2004
Sold by
Shores Erick Matthew
Bought by
Shores Erick Matthew and Shores Keith Allen

Purchase Details

Closed on
Sep 16, 1999
Sold by
Shores Erick M and Shores Keith A
Bought by
Shores Erick Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.09%

Purchase Details

Closed on
Jan 7, 1998
Sold by
Turner Carrie S
Bought by
Shores Keith A

Purchase Details

Closed on
Aug 8, 1995
Sold by
Turner Carrie S
Bought by
Matthews Shores Keith Allen and Matthews Shores Erick
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
Lopez Carlos Surian -- Lsi Title Company
Lopez Carlos Surian -- Lsi Title Company
Lopez Carlos Surian $330,000 Lsi Title Company
The S Gramercy Pl Trust $95,000 None Available
Shores Erick Matthew -- Chicago Title Co
Shores Erick Matthew -- American Title Co
Shores Keith A -- --
Shores Erick M -- --
Matthews Shores Keith Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Carlos Surian $321,634
Previous Owner Shores Erick Matthew $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2012 04/19/12 Sold $330,000 0.0% $180 / Sq Ft
02/11/2012 02/11/12 Pending -- -- --
10/13/2011 10/13/11 For Sale $330,000 -- $180 / 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 $5,236 $414,486 $251,206 $163,280
2024 $5,236 $406,360 $246,281 $160,079
2023 $5,143 $398,393 $241,452 $156,941
2022 $4,916 $390,582 $236,718 $153,864
2021 $4,847 $382,925 $232,077 $150,848
2020 $4,893 $379,000 $229,698 $149,302
2019 $4,708 $371,570 $225,195 $146,375
2018 $4,627 $364,285 $220,780 $143,505
2016 $4,416 $350,141 $212,207 $137,934
2015 $4,354 $344,883 $209,020 $135,863
2014 $4,382 $338,128 $204,926 $133,202
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2012

    joyce ricard

    McAlpin & Company

    Section Image

  • A

    Buyer's Agent in 2012

    Alberto Alvarez

    Berkshire Hathaway HSCP

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: N11135052

California Regional Multiple Listing Service (CRMLS)

APN: 5042-020-019

California Los Angeles County Los Angeles 90018 Exposition Park

3651 S Gramercy Place, Los Angeles, CA

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