NOT LISTED FOR SALE

Estimated Value: $831,711 - $1,098,000

6 Beds
5 Baths
3,620 Sq Ft
$279/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $430,000 $119 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $6,384/month

6 Days on Market

About This Home

As of June 2014

Four Units , Good Location; Don't Disturb the Tenants, Two Stories, Close to the Coliseum, USC and Downtown LA. There are Two Units vacant .Property needs TLC.
Please, check the Agent Remarks.

Last Agent to Sell the Property

IGNACIO REYES

CHAMPIONS REAL ESTATE License #01317823 Listed on: 06/18/2013

Last Buyer's Agent

IGNACIO REYES

CHAMPIONS REAL ESTATE License #01317823 Listed on: 06/18/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,049

Year Built

  • Built in 1905

Lot Details

  • 7,200 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • 3,620 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 24
  • Tax Tract Number 23122
  • Assessor Parcel Number 5037017028

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,600
  • Insurance Expense $2,860
  • Trash Expense $900
  • Water Sewer Expense $3,000
  • New Taxes Expense $8,122
  • Gross Income $4,200
  • Net Operating Income $30,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,049

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 5037017028
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 118.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1650

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 4200.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 2860.00
  • Lot Size Area: 7200.0000 Square Feet
  • Net Operating Income: 30748.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 19922.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 8122.00
  • Tax Lot: 24
  • Tax Tract Number: 23122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2023
Sold by
Ramirez Alfonso Reyes and Ramirez Ignacia
Bought by
Reyes Osorio Revocable Living Trust and Ramirez
Current Estimated Value
$1,009,928

Purchase Details

Closed on
Jul 10, 2022
Sold by
Mejia Darissa Jahaira
Bought by
Osorio Ignacia

Purchase Details

Listed on
Jun 18, 2013
Closed on
Aug 19, 2014
Sold by
Fuentes Ricardo Antonio Ramos
Bought by
Ramirez Alfonso Reyes and Osorio Ignacia
Seller's Agent
IGNACIO REYES
CHAMPIONS REAL ESTATE
Buyer's Agent
IGNACIO REYES
CHAMPIONS REAL ESTATE
List Price
$400,000
Sold Price
$430,000
Premium/Discount to List
$30,000
7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%

Purchase Details

Listed on
Jun 18, 2013
Closed on
May 19, 2014
Sold by
Cortes Angel Manuel
Bought by
Fuentes Ricardo Antonio Ramos
Seller's Agent
IGNACIO REYES
CHAMPIONS REAL ESTATE
Buyer's Agent
IGNACIO REYES
CHAMPIONS REAL ESTATE
List Price
$400,000
Sold Price
$430,000
Premium/Discount to List
$30,000
7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2006
Sold by
Cortes Marisol Martinez
Bought by
Cortes Angel Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 7, 2006
Sold by
Nicvan Investments Inc
Bought by
Cortes Angel Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 2006
Sold by
Nicvan Investments Inc
Bought by
Moreno Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2005
Sold by
Adler Andreanna
Bought by
Nicvan Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Dorsey Natosha S and Dorsey Letanya M
Bought by
Adler Andreanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2004
Sold by
Dorsey Frederick P and Dorsey Fredrick P
Bought by
Dorsey Frederick P and Dorsey Trust

Purchase Details

Closed on
Jul 16, 2003
Sold by
Dorsey Frederick P and The Dorsey Trust
Bought by
Dorsey Frederick P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,700
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Reyes Osorio Revocable Living Trust -- None Listed On Document
Osorio Ignacia -- --
Ramirez Alfonso Reyes -- None Available
Fuentes Ricardo Antonio Ramos $430,000 Nations Title Company
Cortes Angel Manuel -- Nations Title Company
Cortes Angel Manuel -- Southland Title Corporation
Cortes Angel Manuel $695,000 Southland Title Corporation
Moreno Hector -- Southland Title Corporation
Nicvan Investments Inc -- --
Adler Andreanna $425,000 New Century Title Company
Dorsey Frederick P -- --
Dorsey Frederick P -- Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuentes Ricardo Antonio Ramos $422,211
Previous Owner Cortes Angel Manuel $13,000
Previous Owner Cortes Angel Manuel $125,500
Previous Owner Cortes Angel Manuel $500,000
Previous Owner Moreno Hector $125,500
Previous Owner Adler Andreanna $340,000
Previous Owner Dorsey Frederick P $200,700
Closed Adler Andreanna $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2014 06/20/14 Sold $430,000 +7.5% $119 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $400,000 -- $110 / 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 $12,049 $971,702 $721,382 $250,320
2024 $12,049 $952,650 $707,238 $245,412
2023 $11,710 $924,362 $705,079 $219,283
2022 $9,653 $774,985 $618,340 $156,645
2021 $9,519 $759,790 $606,216 $153,574
2019 $6,135 $472,532 $329,674 $142,858
2018 $5,995 $463,267 $323,210 $140,057
2016 $5,708 $445,279 $310,660 $134,619
2015 $5,629 $438,591 $305,994 $132,597
2014 $9,690 $759,587 $546,466 $213,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13108998

California Regional Multiple Listing Service (CRMLS)

APN: 5037-017-028