$795,500
SOLD JUL 3, 2017
8 Beds
4 Baths
2,332 Sq Ft
4,957 Sq Ft Lot

Recently Sold

$341 Per Sq Ft

5% Below List Price

69 Days on Market

About This Home

As of July 2017

6% cap on actual Rents! Completely remodeled fourplex on R3 lot in Jefferson park. Each unit was remodeled in 2016 with quality laminate hardwood flooring throughout, new appliances, kitchens, and bathrooms. New Roof, and parking for 6 cars. Extra storage. It may be possible to add a unit or laundry area for additional income. R3 zoning, good access to major City hubs: Downtown, Santa Monica, and Southbay.

Last Agent to Sell the Property

Kip Kolodziejski

Clement Partners Real Estate License #01847279 Listed on: 02/15/2017

Last Buyer's Agent

Shawn Pourebrahim

Keller Williams Luxury License #01742690

Keller Williams Luxury

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,085

Year Built

  • Built in 1963

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Additional Features

  • 4,957 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5051-014-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,085

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2332
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 342.62

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 176000
  • Assessed Land Value: 359000
  • Assessor Parcel Number: 5051-014-013
  • Geocode Override: No
  • Lot Size Area: 4957

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.12
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 24348
  • Type Of Units: 2+1
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Healthy Life Angel Llc
Bought by
Javdan David and Keykian Anita
Current Estimated Value
$1,118,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Outstanding Balance
$518,652
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$598,566

Purchase Details

Closed on
Nov 17, 2017
Sold by
Javdan David
Bought by
Healthy Life Angel Llc

Purchase Details

Closed on
May 3, 2017
Sold by
3857 Montclair Street Llc
Bought by
Javdan David and Keykian Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,625
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2015
Closed on
Mar 1, 2016
Sold by
Estrada Jesus
Bought by
3857 Montclair Street Llc
Seller's Agent
Humberto Martinez
AMC Realty
Buyer's Agent
Humberto Martinez
AMC Realty
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$395,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2006
Sold by
Ramirez Roberto
Bought by
Estrada Jesus and Hernandez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
7.89%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 24, 2005
Sold by
Noyola Jose M
Bought by
Ramirez Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2002
Sold by
Cruz Camerina
Bought by
Noyola Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,627
Interest Rate
6.6%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Provident Title
Grant Deed -- Accommodation
Grant Deed $795,500 Provident Title
Grant Deed $565,000 Chicago Title Co
Grant Deed $690,000 Southland Title Corporation
Grant Deed $550,000 Southland Title
Grant Deed $283,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $583,000 New Conventional
Previous Owner $596,625 New Conventional
Previous Owner $395,000 Purchase Money Mortgage
Previous Owner $552,000 Negative Amortization
Previous Owner $400,000 New Conventional
Previous Owner $280,000 Unknown
Previous Owner $36,000 Credit Line Revolving
Previous Owner $278,627 FHA
Closed $95,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2017 07/03/17 Sold $795,500 -0.4% $341 / Sq Ft
03/20/2017 03/20/17 Price Changed $799,000 -4.9% $343 / Sq Ft
02/15/2017 02/15/17 For Sale $840,000 +52.7% $360 / Sq Ft
03/22/2016 03/22/16 Sold $550,000 0.0% $236 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $550,000 -- $236 / 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 $11,085 $905,139 $543,881 $361,258
2024 $11,085 $887,392 $533,217 $354,175
2023 $10,877 $869,993 $522,762 $347,231
2022 $10,382 $852,935 $512,512 $340,423
2021 $10,247 $836,212 $502,463 $333,749
2020 $10,350 $827,638 $497,311 $330,327
2019 $9,946 $811,410 $487,560 $323,850
2018 $9,838 $795,500 $478,000 $317,500
2017 $7,200 $576,300 $377,400 $198,900
2016 $6,666 $535,000 $359,000 $176,000
2015 $6,666 $535,000 $359,000 $176,000
2014 $4,952 $380,000 $255,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-202460

The MLS

APN: 5051-014-013