NOT LISTED FOR SALE

3854 Hammel St Los Angeles, CA 90063

Estimated Value: $718,000 - $828,000

2 Beds
2 Baths
1,455 Sq Ft
$522/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $515,000 $354 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,801/month

230 Days on Market

Highlights

  • Guest Parking
  • James A. Garfield Senior High School Rated A
  • 1-Story Property

About This Home

As of October 2018

Buy two units and get one free! No-RSO Duplex in East LA near City Terrace Park minutes to DTLA. This income property sits on extra large lot with some units currently vacant and lots of upside potential. Current seller modified garage as dwelling unit without permit that was used as a 3rd unit. Newer roof, foundation, and other improvements made over the last few years. Disclosures, Architect Plans, County Determination available upon request. Please call agent for more information and to schedule showing. Property may not qualify for FHA due to non-conforming dwelling. Buyer to do their own investigations. Please do not disturb tenants.

Last Agent to Sell the Property

Ruben Rivera

Open Air Real Estate Inc. License #01331892 Listed on: 01/10/2018

Last Buyer's Agent

Ruben Rivera

Open Air Real Estate Inc. License #01331892 Listed on: 01/10/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,961

Year Built

  • Built in 1921

Lot Details

  • 6,696 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,455 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Guest Parking

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5233-001-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,961

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: LA County Duplex near City Terrace on an extra large lot. Current seller modified garage as work/accessory dwelling unit that may or may not have conforming permit and is currently used as 3rd unit. Newer roof on both structures and nearly $100k in improvements made over the last few years. Do not disturb tenants. Near City Terrace Park facilities and minutes to Downtown. Buyer to do their own investigations.
  • Living Area: 1455
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 363.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Concrete, Parking for Guests
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 138720
  • Assessed Land Value: 306000
  • Assessor Parcel Number: 5233-001-004
  • Geocode Override: No
  • Lot Size Area: 6696

Rental Info

  • Total Actual Rent: 38280.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Javier Corona Sr
Bought by
Fresh Start Real Estate Solution Llc
Current Estimated Value
$759,343

Purchase Details

Listed on
Jan 10, 2018
Closed on
Oct 4, 2018
Sold by
Corona Enriqueta
Bought by
Corona Javier
Seller's Agent
Ruben Rivera
Open Air Real Estate Inc.
Buyer's Agent
Ruben Rivera
Open Air Real Estate Inc.
List Price
$580,000
Sold Price
$515,000
Premium/Discount to List
-$65,000
-11.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$386,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2018
Closed on
Oct 3, 2018
Sold by
Corona Jamie
Bought by
Corona Javier
Seller's Agent
Ruben Rivera
Open Air Real Estate Inc.
Buyer's Agent
Ruben Rivera
Open Air Real Estate Inc.
List Price
$580,000
Sold Price
$515,000
Premium/Discount to List
-$65,000
-11.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2018
Closed on
Oct 1, 2018
Sold by
Mahmondi Fatemeh
Bought by
Diagne Abdoulaye
Seller's Agent
Ruben Rivera
Open Air Real Estate Inc.
Buyer's Agent
Ruben Rivera
Open Air Real Estate Inc.
List Price
$580,000
Sold Price
$515,000
Premium/Discount to List
-$65,000
-11.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2018
Closed on
Sep 27, 2018
Sold by
Diagne Abdoulaye
Bought by
Corona Javier and Corona Javier
Seller's Agent
Ruben Rivera
Open Air Real Estate Inc.
Buyer's Agent
Ruben Rivera
Open Air Real Estate Inc.
List Price
$580,000
Sold Price
$515,000
Premium/Discount to List
-$65,000
-11.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2015
Sold by
Diagnes Corporation
Bought by
Diagne Abdoulaye

Purchase Details

Closed on
Sep 19, 2006
Sold by
Diagne Abdoulaye and Mahmoudi Fatemeh
Bought by
Diagne Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
8.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2004
Sold by
Brightwood Financial Holdings Llc
Bought by
Diagne Abdoulaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Delgado Leticia and Delgado Benjamin
Bought by
Brightwood Financial Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2000
Sold by
Family Trust Perez Luis J And Maria B Trs Per
Bought by
Delgado Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,925
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1994
Sold by
Perez Luis J and Perez Maria B
Bought by
Perez Luis J and Perez Maria B
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
Fresh Start Real Estate Solution Llc -- None Listed On Document
Corona Javier -- Equity Title Company
Corona Javier -- Equity Title Company
Diagne Abdoulaye -- Equity Title Company
Corona Javier $515,000 Equity Title Company
Diagne Abdoulaye -- None Available
Diagne Corp -- Accommodation
Diagne Abdoulaye $360,000 Equity Title
Brightwood Financial Holdings Llc $226,000 --
Delgado Leticia $159,000 --
Perez Luis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corona Jevier R $390,000
Previous Owner Corona Javier $386,250
Previous Owner Diagne Abdoulaye $370,000
Previous Owner Diagne Abdoulaye $288,000
Previous Owner Brigthwood Financial Holdings Llc $0
Previous Owner Delgado Leticia $157,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $515,000 -2.6% $354 / Sq Ft
07/31/2018 07/31/18 Price Changed $529,000 -1.1% $364 / Sq Ft
07/13/2018 07/13/18 Price Changed $535,000 +0.9% $368 / Sq Ft
04/26/2018 04/26/18 Price Changed $530,000 -7.0% $364 / Sq Ft
02/26/2018 02/26/18 Price Changed $570,000 -1.7% $392 / Sq Ft
01/10/2018 01/10/18 For Sale $580,000 -- $399 / 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 $7,961 $574,486 $390,429 $184,057
2024 $7,961 $563,223 $382,774 $180,449
2023 $7,660 $552,180 $375,269 $176,911
2022 $7,309 $541,354 $367,911 $173,443
2021 $7,228 $530,741 $360,698 $170,043
2019 $7,012 $515,000 $350,000 $165,000
2018 $6,304 $453,614 $312,120 $141,494
2016 $6,003 $432,366 $288,246 $144,120
2015 $5,553 $395,000 $263,300 $131,700
2014 $4,755 $320,000 $213,300 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-302000

The MLS

APN: 5233-001-004