NOT LISTED FOR SALE

Estimated Value: $836,000 - $1,021,000

4 Beds
3 Baths
1,837 Sq Ft
$505/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2019

Last sale price $717,000 $390 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,807 / mo

11 Days on Market

About This Home

As of May 2019

We are pleased to present 3887 & 3889 Cimarron St. in the Leimert Park Neighborhood of Los Angeles! Great for investor or owner occ. buyer!

Property is a duplex comprised of a 3BD/2BA unit to be delivered vacant at COE and a 1BD/1BA unit rented at $1,530/mo.

Both units have been updated extensively! Redone kitchens with new appliances and quartz counter tops, new bathrooms, recessed lighting and new flooring throughout!

Don't miss this great opportunity in one of the hottest markets in Los Angeles!

Inspection Contingent Upon Accepted Offer.

DO NOT WALK PROPERTY OR DISTURB TENANTS!

Last Agent to Sell the Property

John Alden

John Alden License #02007413 Listed on: 03/09/2019

Last Buyer's Agent

Anne Austin

Coldwell Banker Realty License #00877506

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,947 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Parking Spaces

Home Design

  • 1,837 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 162
  • Tax Tract Number 1507
  • Assessor Parcel Number 5035021017

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $18,360
  • Net Operating Income $18,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

4,947 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5035021017
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 390.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4947.00
  • Lot Size Acres: 0.1136

Multi Family

  • Gross Income: 18360.00
  • Gross Scheduled Income: 18360.00
  • Lot Size Area: 4947.0000 Square Feet
  • Net Operating Income: 18360.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2314.00
  • Tax Lot: 162
  • Tax Tract Number: 1507

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2020
Sold by
5105 Harvard Llc
Bought by
Current Estimated Value
$903,810

Purchase Details

Listed on
Mar 9, 2019
Closed on
May 7, 2019
Sold by
Pan Wesley Weiyi
Bought by
5105 Harvard Llc
Seller's Agent
John Alden
John Alden
Buyer's Agent
Anne Austin
Coldwell Banker Realty
List Price
$749,000
Sold Price
$717,000
Premium/Discount to List
-$32,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$537,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 21, 2013
Closed on
Sep 11, 2013
Sold by
Yadidi Investment Group Inc
Bought by
Pan Wesley Weiyi
Seller's Agent
Jennifer Laurent
Jennifer Laurent, Broker
Buyer's Agent
Mark Walker
Nourmand & Associates-HW
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$407,483
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2013
Sold by
Miles Jessie M
Bought by
Yadidi Investment Group Inc

Purchase Details

Closed on
May 13, 1997
Sold by
Miles Mckinley B
Bought by
Miles Mckinley B and Miles Jessie M

Purchase Details

Closed on
Apr 21, 1997
Sold by
Okamoto Ruth M
Bought by
Miles Mckinley B and Miles Jessie
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Exposition Park, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
5105 Harvard Llc $717,000 First American Title Company
Pan Wesley Weiyi $415,000 Equity Title Company
Yadidi Investment Group Inc $200,000 Title 365
Miles Mckinley B -- Guardian Title
Miles Mckinley B $85,000 Guardian Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $537,750
Previous Owner Pan Wesley Weiyi $390,000
Previous Owner Pan Wesley Weiyi $407,483
Previous Owner Miles Mckinley B $96,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2019 05/09/19 Sold $717,000 -4.3% $390 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/09/2019 03/09/19 For Sale $749,000 0.0% $408 / Sq Ft
10/01/2015 10/01/15 Rented $1,400 0.0% --
11/07/2013 11/07/13 Sold $415,000 -3.3% $226 / Sq Ft View Prior Sale
08/14/2013 08/14/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $429,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,850 $815,818 $238,942 $576,876
2025 $9,850 $799,822 $234,257 $565,565
2024 $9,718 $784,140 $229,664 $554,476
2023 $9,535 $768,765 $225,161 $543,604
2022 $9,098 $753,693 $220,747 $532,946
2021 $8,980 $738,916 $216,419 $522,497
2020 $9,071 $731,340 $214,200 $517,140
2019 $5,650 $456,046 $309,893 $146,153
2018 $5,566 $447,105 $303,817 $143,288
2016 $5,314 $429,745 $292,020 $137,725
2015 $5,237 $423,291 $287,634 $135,657
2014 $5,247 $415,000 $282,000 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19053425

California Regional Multiple Listing Service (CRMLS)

APN: 5035-021-017

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