NOT LISTED FOR SALE

Estimated Value: $899,000 - $1,075,000

2 Beds
2 Baths
2,584 Sq Ft
$386/Sq Ft Est. Value

Last Sold August 09, 2017

Last sale price $660,000 $255 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,283/month

84 Days on Market

About This Home

As of August 2017

Character 4 unit property located in the El Sereno neighborhood of Los Angeles with many system updates and a solid rental market. The Rosemead Avenue 4-plex was built from 1924-1925 with 2 side-by-side duplexes on a large and fully fenced corner lot across the street from El Sereno Elementary School and one block North of Huntington Drive. Both structures on the property have new copper plumbing, new electrical service with switched breakers, and new roofs providing an excellent start to a new owner looking to purchase income property. All 4 units are leased and the property is subject to the Los Angeles RSO. Rent details are accurate at time of listing and seller requests buyer's cooperate with a 1031 Exchange. Excellent opportunity to purchase a character income property in a solid rental market with upsides in rents.

Last Agent to Sell the Property

Adam Bray-Ali

Coldwell Banker Realty License #01859026 Listed on: 05/17/2017

Coldwell Banker Realty

Last Buyer's Agent

Cris Capra

JohnHart Real Estate License #01340494

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,339

Year Built

  • Built in 1924

Lot Details

  • 7,122

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • 7,122 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5306014027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,339

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LARD3
  • Property Type: Residential Income
  • Parcel Number: 5306014027
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7122.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 7122.0000 Square Feet
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Capra Ruggiero A and Capra Cristina
Bought by
Capra Trust and Capra
Current Estimated Value
$1,005,349

Purchase Details

Listed on
May 17, 2017
Closed on
Jun 14, 2017
Sold by
Fung Kin Yang and Fung Linh Oan
Bought by
Capra Ruggiero A and Capra Cristina
Seller's Agent
Adam Bray-Ali
Coldwell Banker Realty
Buyer's Agent
Cris Capra
JohnHart Real Estate
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$460,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2013
Sold by
Tran Linh Oan
Bought by
Yang Tran Linh Oan and Yang Fung Kin

Purchase Details

Closed on
Jan 10, 2013
Sold by
Ortiz Sally
Bought by
Tran Linh Oan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,875
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Capra Trust -- None Listed On Document
Capra Ruggiero A $660,000 Old Republic Title
Fung Kin Yang -- Old Republic Title Co
Yang Tran Linh Oan -- None Available
Tran Linh Oan $406,500 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capra Ruggiero A $460,000
Previous Owner Tran Linh Oan $304,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2017 08/09/17 Sold $660,000 -5.6% $255 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $699,000 -- $271 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $9,339 $750,962 $523,399 $227,563
2024 $9,339 $736,238 $513,137 $223,101
2023 $9,164 $721,803 $503,076 $218,727
2022 $8,747 $707,651 $493,212 $214,439
2021 $8,633 $693,777 $483,542 $210,235
2019 $8,381 $673,200 $469,200 $204,000
2018 $8,272 $660,000 $460,000 $200,000
2016 $5,366 $422,069 $260,058 $162,011
2015 $5,291 $415,730 $256,152 $159,578
2014 $5,327 $407,588 $251,135 $156,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317004448

Pasadena-Foothills Association of REALTORS®

APN: 5306-014-027