NOT LISTED FOR SALE

3853 Montclair St Los Angeles, CA 90018

Jefferson Park Neighborhood

Estimated Value: $992,000 - $1,483,000

9 Beds
5 Baths
2,898 Sq Ft
$406/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $805,000 $278 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,193/month

10 Days on Market

About This Home

As of October 2017

This property is a cookie cutter, 2-story four-plex with a fantastic mix of 1, 2 and 4 bedroom units. The property is a low maintenance asset with long term, seasoned tenants that provide strong current income and huge potential rental upside as rents are well below market. This is an ideal opportunity for a first-time investor or a seasoned veteran to add to their portfolio.Located just east of Crenshaw Blvd, between Adams and Jefferson Blvd's, the property sits in the Jefferson Park / West Adams neighborhoods of Los Angeles, a continually growing and still under-valued investment pocked in Los Angeles. The area boasts close proximity to the USC campus, Culver City, Hollywood and DTLA. Easy access to the 10 freeway, Expo Line and other mass transit.

Last Agent to Sell the Property

Daniel Baird

Sperry Van Ness License #01249675 Listed on: 08/14/2017

Last Buyer's Agent

Glenn Brander

Miller & Desatnik Realty Co. License #01020228

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,600

Year Built

  • Built in 1963

Lot Details

  • 4,987

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 7 Parking Spaces
  • Driveway
  • Uncovered Parking

Additional Features

  • 4,987 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5051-014-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,600

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2898
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 276.05

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Uncovered
  • Total Parking: 7

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Value: 130028
  • Assessed Land Value: 312070
  • Assessor Parcel Number: 5051-014-012
  • Geocode Override: No
  • Lot Size Area: 4987

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.20
  • Number Of Units: 4
  • Total Annual Expense: 8276
  • Type Of Units: Apartment
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Aug 28, 2017
Sold by
Dyer Dalton
Bought by
West Adams Flats Llc
Seller's Agent
Daniel Baird
Sperry Van Ness
Buyer's Agent
Glenn Brander
Miller & Desatnik Realty Co.
List Price
$800,000
Sold Price
$805,000
Premium/Discount to List
$5,000
0.62%
Current Estimated Value
$1,177,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,824
Avg. Annual Appreciation
4.85%
Original Mortgage
$563,500
Outstanding Balance
$453,886
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$723,938

Purchase Details

Closed on
Aug 9, 2012
Sold by
Velasquez Miguel
Bought by
Dyer Dalton and Dyer Yeisy Carcamo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2003
Sold by
Velasquez Miguel and Ramirez Isidoro
Bought by
Velasquez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1998
Sold by
Escobar Jose and Ramirez Isidoro
Bought by
Velasquez Miguel

Purchase Details

Closed on
Mar 16, 1998
Sold by
Quezadad Juan R
Bought by
Escobar Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,555
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1995
Sold by
Prevost Harold J
Bought by
Quezada Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.58%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
West Adams Flats Llc $805,000 Fidelity National Title Co
Dyer Dalton $425,000 Progressive Title
Velasquez Miguel -- United Title Company
Velasquez Miguel -- --
Escobar Jose $165,000 American Title Co
Quezada Juan R $155,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Adams Flats Llc $563,500
Previous Owner Dyer Dalton $417,302
Previous Owner Velasquez Miguel $160,000
Previous Owner Escobar Jose $161,555
Previous Owner Quezada Juan R $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2017 10/06/17 Sold $805,000 +0.6% $278 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $800,000 +88.2% $276 / Sq Ft
11/05/2012 11/05/12 Sold $425,000 -1.2% $147 / Sq Ft View Prior Sale
08/14/2012 08/14/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $430,000 -- $148 / Sq Ft
Source: The MLS

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 $11,600 $915,948 $682,696 $233,252
2024 $11,600 $897,989 $669,310 $228,679
2023 $11,390 $880,383 $656,187 $224,196
2022 $10,888 $863,121 $643,321 $219,800
2021 $10,748 $846,198 $630,707 $215,491
2019 $10,442 $821,100 $612,000 $209,100
2018 $10,329 $805,000 $600,000 $205,000
2016 $5,798 $442,098 $312,070 $130,028
2015 $5,730 $435,458 $307,383 $128,075
2014 $5,772 $426,929 $301,362 $125,567
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Daniel Baird

    Sperry Van Ness

    (310) 500-1239

    8 Total Sales

    Daniel Baird
    Section Image
  • Glenn Brander

    Buyer's Agent in 2017

    Glenn Brander

    Miller & Desatnik Realty Co.

    (310) 202-9166

    31 Total Sales

    Glenn Brander
    Section Image
  • Miriam Dean

    Seller's Agent in 2012

    Miriam Dean

    RE/MAX

    (310) 266-7934

    6 Total Sales

    Miriam Dean
    Section Image
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Map

Source: The MLS

MLS Number: 17-260768

The MLS

APN: 5051-014-012

California Los Angeles County Los Angeles 90018 Jefferson Park

3853 Montclair St, Los Angeles, CA

This home is located at 3853 Montclair St, Los Angeles, CA 90018 since 14 August 2017 and is currently estimated at $1,177,824, approximately $406 per square foot. This property was built in 1963. 3853 Montclair St is a home located in Los Angeles County with nearby schools including Sixth Avenue Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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