NOT LISTED FOR SALE

3822 Princeton St Los Angeles, CA 90023

Estimated Value: $879,000 - $1,029,000

6 Beds
3 Baths
2,722 Sq Ft
$343/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $750,000 $276 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,034/month

9 Days on Market

Highlights

  • Park
  • James A. Garfield Senior High School Rated A
  • Laundry Room

About This Home

As of March 2021

DO NOT DISTURB TENANTS! Investor's delight with great tenants looking to long term stays. Close to shopping, school, and freeways (10, 60, 710), 10 mins driving into Downtown L.A. Three units triplex 1st unit $1400/Month, 2nd unit $1200/Month, 3rd unit $1200/Month. All 3 long terms tenants wants to stay. This is excellent opportunity to own this investment property in a centrally located location.


https://my.matterport.com/show/?m=vYmzu812CJj (Unit A)
https://my.matterport.com/show/?m=GPVH1Lyk955 (Unit B)
https://my.matterport.com/show/?m=JLvJbpDuSbR (Unit C)

Last Agent to Sell the Property

John Shen

Pinnacle Real Estate Group License #01435394 Listed on: 12/26/2020

Pinnacle Real Estate Group

Last Buyer's Agent

John Shen

Pinnacle Real Estate Group License #01435394 Listed on: 12/26/2020

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,402

Year Built

  • Built in 1963

Lot Details

  • 7,633 Sq Ft Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • 2,722 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces
  • 3 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 7 / 25
  • Tax Tract Number 25
  • Assessor Parcel Number 5238014009

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Water Sewer Expense $900
  • Operating Expense $1,400
  • Gross Income $45,600
  • Net Operating Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,402

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Inclusions: Stovetops, storage units in the back
  • Other Phone Description: CALL/TXT
  • Other Phone Number: 9092961558
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Zoning: LCR4YY
  • Property Type: Residential Income
  • Parcel Number: 5238014009
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 275.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7633.00
  • Lot Size Acres: 0.1752

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 45600.00
  • Gross Scheduled Income: 3800.00
  • Insurance Expense: 500.00
  • Lot Size Area: 7633.0000 Square Feet
  • Net Operating Income: 3600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Expenses: 1400.00

Tax Info

  • Tax Block: 25
  • Tax Census Tract: 5312.02
  • Tax Lot: 7
  • Tax Tract Number: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Feb 1, 2021
Sold by
Cruz Maureene
Bought by
Shen John and Wang Pei Ju
Seller's Agent
John Shen
Pinnacle Real Estate Group
Buyer's Agent
John Shen
Pinnacle Real Estate Group
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%
Current Estimated Value
$932,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,949
Avg. Annual Appreciation
5.04%
Original Mortgage
$600,000
Outstanding Balance
$539,078
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$393,871

Purchase Details

Closed on
Mar 21, 2000
Sold by
Cruz Manuel and Cruz Martha
Bought by
Cruz Manuel and Cruz Martha
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shen John $750,000 California Best Title
Cruz Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen John $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $750,000 +7.2% $276 / Sq Ft
02/24/2021 02/24/21 Price Changed $699,900 0.0% $257 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $699,900 -- $257 / 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 $11,402 $811,822 $487,093 $324,729
2024 $11,402 $795,905 $477,543 $318,362
2023 $10,962 $780,300 $468,180 $312,120
2022 $10,468 $765,000 $459,000 $306,000
2021 $2,552 $78,530 $22,389 $56,141
2020 $2,555 $77,726 $22,160 $55,566
2019 $2,506 $76,203 $21,726 $54,477
2018 $2,320 $74,709 $21,300 $53,409
2016 $2,219 $71,810 $20,474 $51,336
2015 $2,195 $70,732 $20,167 $50,565
2014 $2,208 $69,347 $19,772 $49,575
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20262766

California Regional Multiple Listing Service (CRMLS)

APN: 5238-014-009