NOT LISTED FOR SALE

3803 Monterey Rd Los Angeles, CA 90032

Montecito Heights Neighborhood

Estimated Value: $727,000 - $1,131,495

5 Beds
2 Baths
1,669 Sq Ft
$530/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $516,000 $309 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,439/month

95 Days on Market

About This Home

As of August 2016

Nice duplex located in a highly desirable area of Los Angeles. Front house is a 2 bed 1bath. Back house is a 3 bed 1 bath. Both houses were remodeled/updated in 2013. The rear house is detached unit and built in 2003, therefore may be exempt from rent control, buyer to verify with city. Both units are tenant occupied.

Last Agent to Sell the Property

Frank Lagunas

Realty One Group United License #01757731 Listed on: 04/17/2016

Realty One Group United

Last Buyer's Agent

Charlie Coronado

Compass License #01723306

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,484

Year Built

  • Built in 1906

Lot Details

  • 6,224 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • 1,669 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5302028029

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $75
  • Water Sewer Expense $75
  • New Taxes Expense $6,750
  • Operating Expense $9,050
  • Gross Income $2,600
  • Net Operating Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,484

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 75.00
  • Property Type: Residential Income
  • Parcel Number: 5302028029
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 309.17

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 75.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6224.00
  • Price Per Lot Square Foot: 82.90
  • Lot Size Acres: 0.1430

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6224.0000 Square Feet
  • Net Operating Income: 29400.00
  • 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: 150.00
  • Rent Control: Yes
  • Total Expenses: 9050.00

Tax Info

  • New Taxes Expense: 6750.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2016
Closed on
Sep 12, 2016
Sold by
Coronado Charlie J
Bought by
Coronado Charlie and Coronado Dana
Seller's Agent
Frank Lagunas
Realty One Group United
Buyer's Agent
Charlie Coronado
Compass
List Price
$545,000
Sold Price
$516,000
Premium/Discount to List
-$29,000
-5.32%
Current Estimated Value
$885,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,374
Avg. Annual Appreciation
6.03%
Original Mortgage
$387,000
Outstanding Balance
$311,233
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$566,935

Purchase Details

Listed on
Apr 17, 2016
Closed on
Aug 1, 2016
Sold by
Chavez Allen Magdaleno
Bought by
Coronado Charlie J
Seller's Agent
Frank Lagunas
Realty One Group United
Buyer's Agent
Charlie Coronado
Compass
List Price
$545,000
Sold Price
$516,000
Premium/Discount to List
-$29,000
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Outstanding Balance
$311,233
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$566,935

Purchase Details

Listed on
Jan 24, 2013
Closed on
Mar 27, 2013
Sold by
Chavez Jackeline Guadalupe
Bought by
Chavez Allen Magdaleno
Seller's Agent
Pablo Gonzalez
No Firm Affiliation
List Price
$399,000
Sold Price
$396,000
Premium/Discount to List
-$3,000
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$388,827
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 24, 2013
Closed on
Feb 5, 2013
Sold by
Strategic Acquisitions Inc
Bought by
Chavez Allen Magdaleno
Seller's Agent
Pablo Gonzalez
No Firm Affiliation
List Price
$399,000
Sold Price
$396,000
Premium/Discount to List
-$3,000
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,827
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2012
Sold by
Strategic Acquisitions Inc
Bought by
Strategic Fund 73 Llc

Purchase Details

Closed on
Oct 2, 2012
Sold by
Strategic Acquisitions Inc
Bought by
Strategic Fund 73 Llc

Purchase Details

Closed on
Jul 17, 2012
Sold by
Figueroa Miguel J
Bought by
Strategic Acquisitions Inc

Purchase Details

Closed on
Feb 13, 2006
Sold by
Campos Felipe and Campos Noriko
Bought by
Figueroa Miguel J

Purchase Details

Closed on
Nov 16, 2004
Sold by
Figueroa Miguel
Bought by
Campos Felipe

Purchase Details

Closed on
Jun 29, 2004
Sold by
Delrio Jose and Delrio Rosalinda
Bought by
Figueroa Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2002
Sold by
Bankers Trust Company Of California Na
Bought by
Delrio Jose and Delrio Rosalinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
5.66%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 14, 2002
Sold by
Murillo Maria
Bought by
Asset Backed Funding Corp and Ameriquest Mtg Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
5.66%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 28, 2002
Sold by
Murillo Maria
Bought by
Bank Of America Capital Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
5.66%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 29, 2001
Sold by
Del Mar Construction Company
Bought by
Murillo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
8.25%

Purchase Details

Closed on
Oct 25, 2000
Sold by
Castillo Teresa Fino
Bought by
Del Mar Construction Company
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
Coronado Charlie -- Accommodation
Coronado Charlie J $516,000 Lawyers Title
Coronado Charlie J -- Lawyers Title
Chavez Allen Magdaleno -- Fidelity National Title Co
Chavez Allen Magdaleno $396,000 Fidelity National Title Co
Strategic Fund 73 Llc -- Fidelity National Title Van
Strategic Fund 73 Llc -- None Available
Strategic Acquisitions Inc $215,000 None Available
Figueroa Miguel J -- None Available
Campos Felipe -- --
Figueroa Manuel $451,000 Investors Title Company
Delrio Jose $90,000 Fidelity National Title
Asset Backed Funding Corp $92,000 Fidelity Title
Bank Of America Capital Corp $92,000 Fidelity National Title
Murillo Maria $135,000 Landsafe Title
Del Mar Construction Company $96,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Coronado Family Trust $55,000
Open Coronado Charlie J $387,000
Previous Owner Chavez Allen Magdaleno $388,827
Previous Owner Figueroa Miguel J $440,000
Previous Owner Figueroa Miguel J $25,000
Previous Owner Figueroa Manuel $360,000
Previous Owner Delrio Jose $71,900
Previous Owner Murillo Maria $121,500
Closed Figueroa Manuel $90,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $516,000 -5.3% $309 / Sq Ft
01/22/2016 01/22/16 For Sale $545,000 +37.6% $327 / Sq Ft
04/04/2013 04/04/13 Sold $396,000 -0.8% $650 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $399,000 -- $655 / 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 $7,484 $598,857 $389,955 $208,902
2024 $7,484 $587,115 $382,309 $204,806
2023 $7,344 $575,604 $374,813 $200,791
2022 $7,011 $564,318 $367,464 $196,854
2021 $6,923 $553,254 $360,259 $192,995
2020 $6,990 $547,582 $356,565 $191,017
2019 $6,722 $536,846 $349,574 $187,272
2018 $6,586 $526,320 $342,720 $183,600
2016 $5,172 $411,931 $328,713 $83,218
2015 $5,045 $405,744 $323,776 $81,968
2014 $5,068 $397,797 $317,434 $80,363
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Frank Lagunas

    Realty One Group United

    Section Image
  • Charlie Coronado

    Buyer's Agent in 2016

    Charlie Coronado

    Compass

    (323) 841-2911

    1 in this area

    52 Total Sales

    Charlie Coronado
    Section Image

  • P

    Seller's Agent in 2013

    Pablo Gonzalez

    No Firm Affiliation

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16014809

California Regional Multiple Listing Service (CRMLS)

APN: 5302-028-029

California Los Angeles County Los Angeles 90032 Montecito Heights

3803 Monterey Rd, Los Angeles, CA

This home is located at 3803 Monterey Rd, Los Angeles, CA 90032 since 17 April 2016 and is currently estimated at $885,374, approximately $530 per square foot. This property was built in 1906. 3803 Monterey Rd is a home located in Los Angeles County with nearby schools including Huntington Drive Elementary School, Bushnell Way Elementary School, and El Sereno Elementary School.

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

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