NOT LISTED FOR SALE

3830 Maple Ave Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $851,000 - $1,037,442

6 Beds
4 Baths
2,208 Sq Ft
$424/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $905,000 $410 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,266/month

9 Days on Market

Highlights

  • Double Pane Windows
  • High-Efficiency Water Heater
  • Rectangular Lot

About This Home

As of February 2022

ABSOLUTELY the BEST AND CLEANEST 4 UNITS in Exposition Park Area in South Central LA less than 1 mile away from the new Banc of California Stadium and USC! A truly money making opportunity. 8% CAP RATE. Remarkable. 2 UNITS WILL BE DELIVERED VACANT! 4 Gas Meters, 4 Electric Meters. Owner only pays approx. $150 a month in water. All units have been renovated with 3 of them been uniformly renovated with similar finishes and the last small one remodeled not too long ago. Stucco, electrical, new meters, new lights, new windows, walls, doors, sliding gate, roof, main line, flooring, bathrooms, kitchens, etc.
UNITS are as follows : UNIT 1) is a 2b/1b ; UNIT 2) is a 1b/1b, UNIT 3) is a 2b/1b with parking privileges, and UNIT 4) is a 1b/1b. 900K will get you approx. 75K per year in rents. Best deal around. Act fast, deals like these do not last long. Buyers are encouraged to do their due diligence regarding all aspects of property. Unit 1 and 3 are vacant.
Sold as is.

Last Agent to Sell the Property

Enrique Vasquez-Plaza

Century 21 Masters License #01868555 Listed on: 01/03/2022

Century 21 Masters

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025

Home Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,693

Year Built

  • Built in 1905

Lot Details

  • 4,567 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Interior Spaces

  • 2,208 Sq Ft Home
  • Double Pane Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Energy-Efficient Lighting
  • Suburban Location
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 120
  • Tax Tract Number 1
  • Assessor Parcel Number 5121024009
  • $357 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Water Sewer Expense $1,800
  • Operating Expense $3,800
  • Gross Income $75,720
  • Net Operating Income $71,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,693

Year Built

Built in 1905

Lot Details

0

Listing Details

  • CapRate: 8.00
  • Price Per Unit: 226250
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5121024009
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 409.87
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Green Features

  • Efficiency: Lighting, Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4567.00
  • Lot Size Acres: 0.1048

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 75720.00
  • Gross Scheduled Income: 75720.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 4567.0000 Square Feet
  • Net Operating Income: 71920.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 3800.00
  • Rent Control: Yes
  • Total Expenses: 3800.00

Tax Info

  • Tax Census Tract: 2284.10
  • Tax Lot: 120
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 357.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Jan 18, 2022
Sold by
Chaves Gerardo Zarate and Miramontes Maria
Bought by
Ebjs 1 Llc
Seller's Agent
Enrique Vasquez-Plaza
Century 21 Masters
Buyer's Agent
Shawn Mehrannia
Home Team Realty
List Price
$899,000
Sold Price
$905,000
Premium/Discount to List
$6,000
0.67%
Current Estimated Value
$971,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,228
Avg. Annual Appreciation
0.97%
Original Mortgage
$588,250
Outstanding Balance
$547,338
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$388,773

Purchase Details

Closed on
Aug 21, 2020
Sold by
Zarate Gerardo
Bought by
Chaves Gerardo Zarate and Chaves Maria Miramontes

Purchase Details

Closed on
Aug 19, 2015
Sold by
Zarate Gerardo and Rivera Dora Valle
Bought by
Zarate Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2015
Sold by
Zarate Gerardo
Bought by
Zarate Gerardo and Rivera Dora Alicia Valle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Llerenas Jose Miguel De Jesus
Bought by
Zarate Gerardo

Purchase Details

Closed on
Mar 19, 2010
Sold by
Zarate Gerardo
Bought by
Llerenas Jose Miguel Dejesus

Purchase Details

Closed on
Aug 20, 2009
Sold by
Zarate Gerardo and Miramontes Maria
Bought by
Zarate Gerardo

Purchase Details

Closed on
Dec 11, 2008
Sold by
Siemers George T and Armo C Bender Trust
Bought by
Zarate Gerardo and Miramontes Maria
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
Ebjs 1 Llc $905,000 Chicago Title
Chaves Gerardo Zarate -- None Available
Zarate Gerardo -- Accommodation
Zarate Gerardo -- Title 365
Zarate Gerardo -- None Available
Llerenas Jose Miguel Dejesus -- None Available
Zarate Gerardo -- None Available
Zarate Gerardo $180,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebjs 1 Llc $588,250
Previous Owner Zarate Gerardo $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $905,000 0.0% $410 / Sq Ft
01/14/2022 01/14/22 Price Changed $905,000 +0.7% $410 / Sq Ft
01/03/2022 01/03/22 For Sale $899,000 -- $407 / 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 $11,693 $960,392 $636,724 $323,668
2024 $11,693 $941,562 $624,240 $317,322
2023 $11,454 $923,100 $612,000 $311,100
2022 $3,331 $253,518 $126,759 $126,759
2021 $3,284 $248,548 $124,274 $124,274
2020 $3,228 $246,200 $123,000 $123,200
2019 $3,109 $241,378 $120,589 $120,789
2018 $3,035 $236,650 $118,225 $118,425
2016 $2,874 $227,270 $113,635 $113,635
2015 $2,833 $223,858 $111,929 $111,929
2014 -- $219,474 $109,737 $109,737
Source: Public Records

Agents Affiliated with this Home

  • Enrique Vasquez-Plaza

    Seller's Agent in 2022

    Enrique Vasquez-Plaza

    Century 21 Masters

    (626) 324-0388

    1 in this area

    93 Total Sales

    Section Image
  • Shawn Mehrannia

    Buyer's Agent in 2022

    Shawn Mehrannia

    Home Team Realty

    (213) 804-7177

    1 in this area

    52 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22000575

California Regional Multiple Listing Service (CRMLS)

APN: 5121-024-009

California Los Angeles County Los Angeles 90011 Historic South Central

3830 Maple Ave, Los Angeles, CA

This home is located at 3830 Maple Ave, Los Angeles, CA 90011 since 03 January 2022 and is currently estimated at $936,111, approximately $423 per square foot. This property was built in 1905. 3830 Maple Ave is a home located in Los Angeles County with nearby schools including Trinity Street Elementary School, Maple Primary Center, and William Jefferson Clinton Middle 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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