NOT LISTED FOR SALE

3718 E 3rd St Los Angeles, CA 90063

Estimated Value: $774,000 - $868,000

3 Beds
2 Baths
1,284 Sq Ft
$637/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $445,000 $347 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,886/month

72 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Chain Link Fence
  • James A. Garfield Senior High School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2016

Great opportunity to own charming units in desired area of ELA. Live in one and rent the other. NO RENT CONTROL Each unit has its own front yard and individual space, includes an additional storage room Front house 2/1 Back house 1/1. Driveway parking can fit up to 3-4 cars. Needs TLC repairs ready for a family to add their own touches. Steps away from ELA Metrolink, few minutes away from Downtown LA. Centrally located to 60fwy, 5fyw, and 710fwy. Property will be delivered vacant. Current tenants would like to stay if allowed. They are on a month to month tenancy. Seller will pay up to $5000.00 towards closing cost or repairs with full price offers.

Last Agent to Sell the Property

Isabel Duenas

Re/Max Dynasty License #01417992 Listed on: 08/28/2016

Last Buyer's Agent

Jorge Chichiri

No Firm Affiliation License #01449689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,268

Year Built

  • Built in 1917

Lot Details

  • 5,540 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Chain Link Fence
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,284 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Gas Cooktop
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2353
  • Assessor Parcel Number 5232030001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $720
  • Trash Expense $1,200
  • Water Sewer Expense $480
  • New Taxes Expense $5,011
  • Gross Income $1,700
  • Net Operating Income $12,989

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,268

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Water Sewer Expenses: 480.00
  • Zoning: LCC3*
  • Property Type: Residential Income
  • Parcel Number: 5232030001
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 346.57

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Outside
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lot Over 40000 Sqft, Near Public Transit
  • Lot Size Sq Ft: 5540.00
  • Price Per Lot Square Foot: 84.82

Multi Family

  • Gross Income: 1700.00
  • Gross Scheduled Income: 20400.00
  • Insurance Expense: 720.00
  • Net Operating Income: 12989.00
  • 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: 7411.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5011.00
  • Tax Lot: 1
  • Tax Tract Number: 2353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2016
Closed on
Dec 13, 2016
Sold by
Zuniga Gricelda
Bought by
Godoy Cristino
Seller's Agent
Isabel Duenas
Re/Max Dynasty
Buyer's Agent
Jorge Chichiri
No Firm Affiliation
List Price
$469,900
Sold Price
$445,000
Premium/Discount to List
-$24,900
-5.3%
Current Estimated Value
$817,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,643
Avg. Annual Appreciation
7.13%
Original Mortgage
$436,939
Outstanding Balance
$356,420
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$461,223

Purchase Details

Listed on
Aug 28, 2016
Closed on
Nov 14, 2016
Sold by
Godoy Cristino
Bought by
Quiroz Roque
Seller's Agent
Isabel Duenas
Re/Max Dynasty
Buyer's Agent
Jorge Chichiri
No Firm Affiliation
List Price
$469,900
Sold Price
$445,000
Premium/Discount to List
-$24,900
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Outstanding Balance
$356,420
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$461,223

Purchase Details

Closed on
May 3, 2004
Sold by
Godoy Cristino and Godoy Ramona
Bought by
Godoy Cristino

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
6.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Godoy Cristino -- None Available
Quiroz Roque $445,000 Wfg
Godoy Cristino -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiroz Roque $436,939
Previous Owner Godoy Cristino $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2016 12/29/16 Sold $445,000 -2.2% $347 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $455,000 -3.2% $354 / Sq Ft
08/28/2016 08/28/16 For Sale $469,900 -- $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 $7,268 $516,456 $389,955 $126,501
2024 $7,268 $506,330 $382,309 $124,021
2023 $6,978 $496,403 $374,813 $121,590
2022 $6,662 $486,670 $367,464 $119,206
2021 $6,587 $477,128 $360,259 $116,869
2020 $6,635 $472,236 $356,565 $115,671
2019 $6,392 $462,977 $349,574 $113,403
2018 $6,300 $453,900 $342,720 $111,180
2016 $5,086 $355,024 $209,177 $145,847
2015 $5,011 $349,692 $206,035 $143,657
2014 $5,014 $342,843 $202,000 $140,843
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2016

    Isabel Duenas

    RE/MAX

  • J

    Buyer's Agent in 2016

    Jorge Chichiri

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16189872

California Regional Multiple Listing Service (CRMLS)

APN: 5232-030-001

California Los Angeles County Los Angeles 90063

3718 E 3rd St, Los Angeles, CA

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

Nearby Homes