NOT LISTED FOR SALE

3740 Maple Ave Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $892,965 - $947,000

6 Beds
6 Baths
3,812 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 14, 2014

Last sale price $475,000 $125 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,660/month

84 Days on Market

About This Home

As of October 2014

Drive by only. A rehabilitated 6 units. 4 1 bdrm units in a 2 story front structure built in 1924 + 2 1 story original 1 bdrm units in the back w/a small patio built in 1903. 3 units had bn completely renovated w/permitted open floor plan, upgraded electrical,plumbing,wood flrs, tiled baths/kitchens w/custom maple cabinets + granite countertops. 3 units had bn partially updated all w/new baths. Roof has been replaced and exterior had bn newly painted. Property was used for a 501(C) Non Profit Case Study. Rents were purposely kept under market for a program which included education, employment and health assistance/the exploration of how architecture could assist by design to alleviate poverty. The Case Study has concluded. Now is ideal for single owner use. Seller also motivated to consider other non profits or religious orgnaizations that serve the betterment of social conditions.

Last Agent to Sell the Property

Jenny Chang

Estate Properties License #01030838 Listed on: 07/01/2014

Last Buyer's Agent

David Moradifar

HomeSmart, Evergreen Realty License #01881072

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,882

Year Built

  • Built in 1903

Lot Details

  • 4,568 Sq Ft Lot

Interior Spaces

  • 3,812 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5121-023-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,882

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3812
  • Stories: 2
  • Year Built: 1903
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 130.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Lot Info

  • Assessed Improvement Value: 130949
  • Assessed Land Value: 221947
  • Assessor Parcel Number: 5121-023-027
  • Geocode Override: No
  • Lot Size Area: 4568

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Income
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2014
Closed on
Oct 1, 2014
Sold by
Yu Danny and Yu Nancy
Bought by
Palm View Apartments Llc
Seller's Agent
Jenny Chang
Estate Properties
Buyer's Agent
David Moradifar
HomeSmart, Evergreen Realty
List Price
$558,000
Sold Price
$475,000
Premium/Discount to List
-$83,000
-14.87%
Current Estimated Value
$919,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,983
Avg. Annual Appreciation
6.24%
Original Mortgage
$300,000
Outstanding Balance
$231,147
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$687,568

Purchase Details

Closed on
Mar 2, 2006
Sold by
Yu Danny and Yu Nancy
Bought by
Yu Danny and Yu Nancy

Purchase Details

Closed on
Oct 25, 2005
Sold by
Thompkins Charlotte T and Estate Of Crenshaw
Bought by
Yu Danny and Yu Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2000
Sold by
Crenshaw Alberta and Alberta Crenshaw Separate Prop
Bought by
Crenshaw Alberta

Purchase Details

Closed on
Nov 11, 1999
Sold by
Crenshaw Alberta
Bought by
Crenshaw Alberta and Alberta Crenshaw Separate Prop
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
Palm View Apartments Llc -- Nations Title Company
Yu Danny -- None Available
Yu Danny $318,000 Commonwealth Title
Crenshaw Alberta -- --
Crenshaw Alberta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm View Apartments Llc $300,000
Closed Palm View Apartments Llc $300,000
Previous Owner Yu Danny $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2014 10/14/14 Sold $475,000 -14.9% $125 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $558,000 -- $146 / 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 $7,882 $595,079 $240,367 $354,712
2024 $7,882 $583,411 $235,654 $347,757
2023 $7,743 $571,973 $231,034 $340,939
2022 $7,410 $560,758 $226,504 $334,254
2021 $7,307 $549,763 $222,063 $327,700
2019 $7,105 $533,459 $215,478 $317,981
2018 $7,045 $523,000 $211,253 $311,747
2016 $6,430 $482,243 $203,050 $279,193
2015 $6,345 $475,000 $200,000 $275,000
2014 $5,046 $354,497 $222,954 $131,543
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jenny Chang

    RE/MAX

    Section Image

  • D

    Buyer's Agent in 2014

    David Moradifar

    HomeSmart, Evergreen Realty

    (310) 954-0577

    8 Total Sales

    David Moradifar
    Section Image
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Map

Source: The MLS

MLS Number: 14-774091

The MLS

APN: 5121-023-027

California Los Angeles County Los Angeles 90011 Historic South Central

3740 Maple Ave, Los Angeles, CA

This home is located at 3740 Maple Ave, Los Angeles, CA 90011 since 01 July 2014 and is currently estimated at $919,983, approximately $241 per square foot. This property was built in 1903. 3740 Maple Ave is a home located in Los Angeles County with nearby schools including Maple Primary Center, Trinity Street Elementary School, and William Jefferson Clinton Middle School.

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