NOT LISTED FOR SALE

Estimated Value: $1,403,000 - $1,701,405

5 Beds
3 Baths
2,428 Sq Ft
$627/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $920,000 $379 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,319/month

36 Days on Market

Highlights

  • Corner Lot
  • Lawn
  • 3 Car Garage
  • R. L. Stevenson Elementary School Rated A
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2015

Fabulous location for units, one of the best in all of Los Angeles! This tri-plex is like having 3 houses and all with yard space. Big units - two of the units are 2 bedrooms, 1 bathroom and laundry in-unit. The rear home over the garage is an extra large 1 bed, 1 bath with dining area. Two car garage and 1 car garage. Systems are mostly original but there has been extensive sewer line replacement. Tremendous upside potential and a great high value area for future development.

Last Agent to Sell the Property

David Fogg

Keller Williams Realty World Media Center License #01149065 Listed on: 02/17/2015

Last Buyer's Agent

Stefanie Kahn

Sotheby's International Realty License #01850124

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,272

Year Built

  • Built in 1949

Lot Details

  • 6,868 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Corner Lot
  • Lawn
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,428 Sq Ft Home
  • Property Attached
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water
  • Tax Lot 112
  • Tax Tract Number 10141
  • Assessor Parcel Number 2482009009

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $120
  • New Taxes Expense $11,612
  • Net Operating Income $29,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,272

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: Office Manager
  • Other Phone Number: 818-239-3512
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Zoning: BUR3*
  • Property Type: Residential Income
  • Parcel Number: 2482009009
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 378.91

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 120.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre, Lawn, Lot 6500-9999, Corner Lot
  • Lot Size Sq Ft: 6868.00
  • Lot Size Acres: 0.1580

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Water

Multi Family

  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6868.0000 Square Feet
  • Net Operating Income: 29280.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 11612.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11612.00
  • Tax Lot: 112
  • Tax Tract Number: 10141
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 27, 2015
Sold by
Balicki Lee J and Balicki Sandra L
Bought by
Stone Michael F
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Stefanie Kahn
Sotheby's International Realty
List Price
$929,000
Sold Price
$920,000
Premium/Discount to List
-$9,000
-0.97%
Current Estimated Value
$1,522,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,601
Avg. Annual Appreciation
4.97%
Original Mortgage
$645,300
Outstanding Balance
$499,445
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,017,738

Purchase Details

Closed on
Sep 20, 2006
Sold by
Barker Diane C
Bought by
Barker Diane and Monty & Diane Barker Revocable

Purchase Details

Closed on
Apr 6, 2006
Sold by
Barker Diane C and Balicki Lee J
Bought by
Barker Diane C and Balicki Lee J
Source: Public Records

Range of Values:

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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
Stone Michael F $920,000 Lawyers Title
Barker Diane -- None Available
Barker Diane C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Michael F $645,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $920,000 -1.0% $379 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $929,000 -- $383 / 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 $12,272 $1,105,692 $661,012 $444,680
2024 $12,272 $1,084,012 $648,051 $435,961
2023 $12,143 $1,062,758 $635,345 $427,413
2022 $11,595 $1,041,921 $622,888 $419,033
2021 $11,548 $1,021,492 $610,675 $410,817
2019 $11,083 $991,196 $592,563 $398,633
2018 $10,930 $971,762 $580,945 $390,817
2016 $10,380 $934,029 $558,387 $375,642
2015 $1,143 $87,463 $31,796 $55,667
2014 $1,162 $85,751 $31,174 $54,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15033828

California Regional Multiple Listing Service (CRMLS)

APN: 2482-009-009