NOT LISTED FOR SALE

3737 Whiteside St Los Angeles, CA 90063

Estimated Value: $978,000 - $1,375,000

5 Beds
3 Baths
2,256 Sq Ft
$521/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $710,000 $315 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,211/month

1 Day on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Abraham Lincoln High School Rated A
  • Wrought Iron Fence

About This Home

As of June 2017

Great Investment property, priced for a fast sale. Four Plex recently remodeled. Newer kitchens, baths, wood flooring, appliances, granite counter tops, plumbing, electrical, roof, windows, and exterior concrete. Two units offer 3 bedrooms and 2 baths and two units offer 2 bedrooms and 1 bath. Great cash flow makes this a great opportunity. This property is located just off the I-10 and near University and Community Colleges.

Last Agent to Sell the Property

Mehdi Khosh

Berkshire Hathaway HomeService License #00892388 Listed on: 05/30/2017

Berkshire Hathaway HomeService

Last Buyer's Agent

Mehdi Khosh

Berkshire Hathaway HomeService License #00892388 Listed on: 05/30/2017

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,730

Year Built

  • Built in 1958

Lot Details

  • 4,783 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 2,256 Sq Ft Home
  • Wood Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 3 / 9
  • Tax Tract Number 6332
  • Assessor Parcel Number 5224022022

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $600
  • Insurance Expense $1,400
  • Maintenance Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $400
  • New Taxes Expense $7,100
  • Operating Expense $12,420
  • Gross Income $67,200
  • Net Operating Income $54,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,730

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 7.70
  • Property Attached: No
  • Water Sewer Expenses: 400.00
  • Zoning: LCR4*
  • Property Type: Residential Income
  • Parcel Number: 5224022022
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 314.72
  • Room Type: All Bedrooms Up

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4783.00

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 67200.00
  • Gross Multiplier: 10.56
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1400.00
  • Maintenance Expense: 1000.00
  • Net Operating Income: 54780.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 12420.00
  • Rent Control: No
  • Total Actual Rent: 5600.00
  • Total Expenses: 12420.00

Tax Info

  • New Taxes Expense: 7100.00
  • Tax Block: 9
  • Tax Census Tract: 5307.00
  • Tax Lot: 3
  • Tax Tract Number: 6332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Jun 6, 2017
Sold by
Wang Andrew Siao
Bought by
Abc Land Llc
Seller's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
Buyer's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
List Price
$710,000
Sold Price
$710,000
Current Estimated Value
$1,175,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,667
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Nov 9, 2015
Sold by
Wang Andrew
Bought by
Chan Nolan and Huang Bo

Purchase Details

Closed on
Jun 2, 2015
Sold by
Chan Nolan
Bought by
Wang Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2013
Sold by
Alladawi Sam
Bought by
Chan Nolan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
4.38%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 2, 2012
Closed on
Apr 11, 2013
Sold by
Al Haffar Sarah
Bought by
Alladawi Sam
Seller's Agent
Marco Ramirez
Expert Realty Inc.
Buyer's Agent
Nestor Peralta
CRMLS Member Transfer
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.51%

Purchase Details

Listed on
Feb 2, 2012
Closed on
Apr 4, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Alladawi Sam
Seller's Agent
Marco Ramirez
Expert Realty Inc.
Buyer's Agent
Nestor Peralta
CRMLS Member Transfer
List Price
$190,000
Sold Price
$190,000

Purchase Details

Listed on
Feb 2, 2012
Closed on
Feb 20, 2013
Sold by
Sanchez Hector
Bought by
Nationstar Mortgage Llc
Seller's Agent
Marco Ramirez
Expert Realty Inc.
Buyer's Agent
Nestor Peralta
CRMLS Member Transfer
List Price
$190,000
Sold Price
$190,000

Purchase Details

Closed on
Mar 23, 2007
Sold by
Sanchez Irma M
Bought by
Sanchez Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Sanchez Daniel S
Bought by
Sanchez Hector and Sanchez Irma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2002
Sold by
Ruiz Alicia
Bought by
Sanchez Daniel S and Ortega Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,905
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2000
Sold by
Ruiz Jorge
Bought by
Ruiz Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
8.53%

Purchase Details

Closed on
May 17, 2000
Sold by
Washington Mutual Bank Fa
Bought by
Ruiz Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
8.53%

Purchase Details

Closed on
Jan 26, 2000
Sold by
Ceja Benjamin
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Jun 15, 1999
Sold by
Ceja Benjamin
Bought by
Washington Mutual Bank Fa
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
Abc Land Llc $700,000 California Title Company
Chan Nolan -- None Available
Wang Andrew $674,000 Title 365
Chan Nolan $600,000 Chicago Title Company
Alladawi Sam -- None Available
Alladawi Sam $337,500 None Available
Nationstar Mortgage Llc $506,325 None Available
Sanchez Hector -- Investors Title Company
Sanchez Hector $300,000 Ticor Title
Sanchez Daniel S $265,000 Commonwealth Title
Ruiz Alicia -- First American Title Co
Ruiz Alicia $148,500 First American
Washington Mutual Bank Fa $190,000 --
Washington Mutual Bank Fa $181,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Andrew $505,500
Previous Owner Chan Nolan $576,000
Previous Owner Sanchez Hector $460,000
Previous Owner Sanchez Hector $280,000
Previous Owner Sanchez Daniel S $260,905
Previous Owner Ruiz Alicia $118,800
Closed Sanchez Hector $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2017 06/14/17 Sold $710,000 -0.7% $315 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/30/2017 05/30/17 Price Changed $715,000 +0.7% $317 / Sq Ft
05/30/2017 05/30/17 For Sale $710,000 +273.7% $315 / Sq Ft
02/28/2013 02/28/13 Sold $190,000 0.0% $84 / Sq Ft View Prior Sale
07/26/2012 07/26/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $190,000 -- $84 / 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 $11,730 $812,406 $580,292 $232,114
2024 $11,730 $796,477 $568,914 $227,563
2023 $11,201 $780,860 $557,759 $223,101
2022 $10,705 $765,550 $546,823 $218,727
2021 $10,586 $750,540 $536,101 $214,439
2019 $10,279 $728,280 $520,200 $208,080
2018 $10,136 $714,000 $510,000 $204,000
2016 $11,648 $850,000 $553,000 $297,000
2015 $8,839 $611,988 $305,994 $305,994
2014 $5,738 $339,031 $236,066 $102,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17119822

California Regional Multiple Listing Service (CRMLS)

APN: 5224-022-022