F
Seller's Agent in 2024
Fortino Santana
VIP RE Firm
(562) 806-1000
2 in this area
17 Total Sales
SOLD AUG 7, 2024
RENTED OCT 19, 2024
3843 E Cesar e Chavez Ave Los Angeles, CA 90063
16
Beds
16
Baths
6,386
Sq Ft
6,443
Sq Ft Lot
Highlights
- New Construction
- Laundry Room
- Central Heating and Cooling System
- James A. Garfield Senior High School Rated A
About This Home
As of August 2024NEW CONSTRUCTION!!! 4-units. Two Duplexes on one lot. Located in East LA! Property is composed of 2 separate three-story structures with a combined 6,386 Sq.Ft. of livable space sitting on a large lot. 10 parking spaces total with 6 covered spaces. Front two units have 4 bedrooms & 4 bathrooms each. Rear units have 4 bedrooms & 4 bathrooms each. NO RENT CONTROL makes it perfect for any investor as well as little to no maintenance for years to come since the property is brand new. PAID OFF SOLAR PANELS to help minimize the electric bill for all occupants. Separate water, gas, and electrical meters! GREAT LOCATION within 10 minutes of downtown LA and close to major freeways 710, 60, and the 10. Possibly able to convert the garages into ADU’s in the future for additional units.
Last Agent to Sell the Property
VIP RE Firm Brokerage Phone: 562-843-9828 License #02054851 Listed on: 01/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,993
Year Built
- Built in 2024 | New Construction
Lot Details
- 6,443 Sq Ft Lot
- 1 Common Wall
- Sprinkler System
Parking
- 4 Open Parking Spaces
- 6 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 6,386 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Additional Features
- Rain Gutters
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 19 / 63
- Assessor Parcel Number 5233007021
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2024
Closed on
Sep 23, 2024
Sold by
Santiago Malar R and Jesudass Angel D
Bought by
Jj Trust and Santiago
Seller's Agent
Karam Jivani
Coldwell Banker Platinum Prop
Buyer's Agent
Karam Jivani
Coldwell Banker Platinum Prop
Sold Price
$4,200
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,976,304
Avg. Annual Appreciation
-18.65%
Original Mortgage
$1,490,653
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 27, 2024
Closed on
Jul 30, 2024
Sold by
3843 E Cesar Chavez Ave Llc
Bought by
Santiago Malar R and Jesudass Angel D
Seller's Agent
Fortino Santana
VIP RE Firm
Buyer's Agent
Karam Jivani
Coldwell Banker Platinum Prop
List Price
$2,650,000
Sold Price
$2,485,300
Premium/Discount to List
-$164,700
-6.22%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,653
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 10, 2021
Closed on
Sep 21, 2021
Sold by
Wesdy Therese Carmel and Wesdy Joe Trubalcava
Bought by
Santana Investors Llc
Seller's Agent
Erika Kauzlarich-Bird
Equity Union
Buyer's Agent
Erika Kauzlarich-Bird
Equity Union
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.04%
Purchase Details
Closed on
Jan 21, 2021
Sold by
Santana Investors Llc
Bought by
3843 E Cesar Chavez Ave Llc
Purchase Details
Closed on
May 9, 2003
Sold by
Rubalcava Joe T and Rubalcava Rosie M
Bought by
Rubalcava Joe T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,339
Interest Rate
5.79%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | $2,485,500 | Lawyers Title Company | |
| Grant Deed | $500,000 | Lawyers Title Company | |
| Gift Deed | -- | Accommodation/Courtesy Recordi | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | New Conventional | |
| Previous Owner | $1,490,653 | New Conventional | |
| Previous Owner | $1,390,000 | New Conventional | |
| Previous Owner | $61,339 | Unknown | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2024 10/19/24 | Rented | $4,200 | 0.0% | -- |
| 10/17/2024 10/17/24 | Under Contract | -- | -- | -- |
| 09/13/2024 09/13/24 | Price Changed | $4,200 | 0.0% | $3 / Sq Ft |
| 08/07/2024 08/07/24 | Sold | $2,485,300 | 0.0% | $389 / Sq Ft |
| 08/06/2024 08/06/24 | For Rent | $4,500 | 0.0% | -- |
| 03/07/2024 03/07/24 | Pending | -- | -- | -- |
| 02/02/2024 02/02/24 | Price Changed | $2,550,000 | -3.8% | $399 / Sq Ft |
| 01/27/2024 01/27/24 | For Sale | $2,650,000 | 0.0% | $415 / Sq Ft |
| 01/25/2024 01/25/24 | Price Changed | $2,650,000 | +430.0% | $415 / Sq Ft |
| 10/27/2021 10/27/21 | Sold | $500,000 | -9.1% | $625 / Sq Ft |
| 10/18/2021 10/18/21 | For Sale | $550,000 | +10.0% | $688 / Sq Ft |
| 10/18/2021 10/18/21 | Off Market | $500,000 | -- | -- |
| 10/17/2021 10/17/21 | Pending | -- | -- | -- |
| 09/10/2021 09/10/21 | For Sale | $550,000 | -- | $688 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,993 | $2,485,000 | $800,000 | $1,685,000 |
| 2024 | $17,993 | $1,366,300 | $520,200 | $846,100 |
| 2023 | $7,087 | $510,000 | $408,000 | $102,000 |
| 2022 | $6,500 | $500,000 | $400,000 | $100,000 |
| 2021 | $1,250 | $50,908 | $31,458 | $19,450 |
| 2020 | $1,250 | $50,387 | $31,136 | $19,251 |
| 2019 | $1,221 | $49,400 | $30,526 | $18,874 |
| 2018 | $1,124 | $48,432 | $29,928 | $18,504 |
| 2016 | $1,072 | $46,554 | $28,767 | $17,787 |
| 2015 | $1,058 | $45,855 | $28,335 | $17,520 |
| 2014 | $1,061 | $44,957 | $27,780 | $17,177 |
Source: Public Records
Agents Affiliated with this Home
-
Fortino Santana
-
Karam Jivani
Seller's Agent in 2024
Karam Jivani
Coldwell Banker Platinum Prop
(949) 338-5583
1 in this area
36 Total Sales
-
Erika Kauzlarich-Bird
Seller's Agent in 2021
Erika Kauzlarich-Bird
Equity Union
(661) 510-3136
1 in this area
40 Total Sales
-
Diane Kauzlarich
Seller Co-Listing Agent in 2021
Diane Kauzlarich
Equity Union
(661) 510-3135
1 in this area
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24006791
APN: 5233-007-021
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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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