NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,244,663

4 Beds
4 Baths
1,663 Sq Ft
$676/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2020

Last sale price $1,040,000 $625 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,326 / mo

37 Days on Market

Highlights

  • Auto Driveway Gate
  • Ground Level Unit
  • Air Conditioning
  • Corner Lot
  • Double Pane Windows
  • Bathtub with Shower

About This Home

As of October 2020

A Hidden Jewel in Leimert park just came to light! A total remodeling construction of this Triplex finally completed from electrical to plumbing and total upgrade of the kitchen and interior and exterior. Clean Concrete work in ample parking lot and new drought-proof landscaping. Automatic Secured gate with dawn to dusk sensor light, new painted stucco, and new installed Mini-Split HVAC in each unit. Open kitchen with White Quartz Countertop, New windows, and remodeled bathrooms, and laundry hookup in each unit. Great investment property ready to bring your own tenants. Fantastic triplex income unit!

Last Agent to Sell the Property

Robert Lee

I & J Properties, Inc. License #01231951 Listed on: 07/20/2020

Last Buyer's Agent

Raffi Isanians

Realty Source Incorporated License #02088016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 5,300 Sq Ft Lot
  • Corner Lot
  • Corners Of The Lot Have Been Marked

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,663 Sq Ft Home
  • Double Pane Windows
  • Laminate Flooring

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway
  • Auto Driveway Gate

Location

  • Ground Level Unit

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity, trash collection
  • The owner pays for water, gardener
  • Assessor Parcel Number 5034-017-059

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1926 | Remodeled

Lot Details

5,300 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Advertising Remarks: A Hidden Jewel in Leimert park just came to light! A total remodeling construction of this Triplex finally completed from electrical to plumbing and total upgrade of the kitchen and interior and exterior. Clean Concrete work in ample parking lot and new drought-proof landscaping. Automatic Secured gate with dawn to dusk sensor light, new painted stucco, and new installed Mini-Split HVAC in each unit. Open kitchen with White Quartz Countertop, New windows, and remodeled bathrooms, and laundry hookup in each unit. Great investment property ready to bring your own tenants. Fantastic triplex income unit!
  • Building Permit: Yes
  • Living Area: 1663
  • Lot Acreage: 0.1217
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Dishwasher: 3
  • Number Disposal: 3
  • Flooring: Laminate
  • Appliances: Cooktop - Electric
  • Bedrooms: 4
  • Bathroom Features: Remodeled, Shower Over Tub, Tile, Low Flow Toilet(s)
  • Kitchen Features: Counter Top, Remodeled
  • Laundry: In Unit, Inside
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Electric Dryer Hookup, Garbage Disposal, Hood Fan
  • Price Per S Q F T: 672.88
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Frame, Stucco
  • Other Features: Two On A Lot, Partial Copper Plumbing
  • Other Structures: None
  • Tennis Court Y/N: No
  • Number Patio: 0
  • Pool: No
  • Roof: Composition
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 6
  • Garage Structures: 0
  • Parking Garage: Driveway, Driveway Gate, Gated
  • Total Parking: 6

Utilities

  • Volt 220: In Laundry
  • Water Heater: Gas, Water Heater Unit
  • Cooling: Air Conditioning, Electric
  • Heating: Electric, Forced Air
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights
  • Water: District, Meter on Property
  • Water Expense: 900.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2400.00
  • Maintenance Expense: 1200.00

Lot Info

  • Assessed Improvement Percent: 17.10
  • Assessed Improvement Value: 57049
  • Assessed Land Percent: 82.9
  • Assessed Land Value: 276534
  • Total Assessed Value: 333583
  • Assessor Parcel Number: 5034-017-059
  • Lot Description: Corners Established
  • Lot Location: Corner Lot
  • Lot Size Area: 5300

Rental Info

  • Number Leased: 0
  • Land Lease Type: Fee
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.50
  • Number Of Units: 3
  • Number Wall A C: 3
  • Rent Control: 100
  • Type Of Units: Triplex

Tax Info

  • Tax Expense: 13800.00

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

Listed on
Jul 20, 2020
Closed on
Sep 4, 2020
Sold by
Bought by
Seller's Agent
Robert Lee
I & J Properties, Inc.
Buyer's Agent
Raffi Isanians
Realty Source Incorporated
List Price
$1,150,000
Sold Price
$1,040,000
Premium/Discount to List
-$110,000
-9.57%
Current Estimated Value
$1,124,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,916
Avg. Annual Appreciation
1.37%
Interest Rate
0.028%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 28, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
0.0384%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 23, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
0.0384%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
0.0384%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
0.0384%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,136
Interest Rate
0.0756%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$1,040,000 Provident Title Company
$570,000 None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
$130,000 Chicago Title Co
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
Closed --
Previous Owner $1,040,000
Previous Owner $300,000
Previous Owner $24,000
Previous Owner $36,000
Previous Owner $39,000
Previous Owner $48,000
Previous Owner $33,000
Previous Owner $60,000
Previous Owner $58,000
Previous Owner $56,000
Previous Owner $495,000
Previous Owner $289,000
Previous Owner $182,000
Previous Owner $129,136
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
10/29/2020 10/29/20 Sold $1,040,000 -7.1% $625 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/17/2020 08/17/20 Price Changed $1,119,000 -2.7% $673 / Sq Ft
07/20/2020 07/20/20 For Sale $1,150,000 -- $692 / Sq Ft
Source: The MLS

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
2025 $13,793 $1,125,727 $909,242 $216,485
2024 $13,572 $1,103,655 $891,414 $212,241
2023 $13,313 $1,082,016 $873,936 $208,080
2022 $12,698 $1,060,800 $856,800 $204,000
2021 $12,541 $1,040,000 $840,000 $200,000
2020 $8,807 $707,471 $565,977 $141,494
2019 $8,462 $693,600 $554,880 $138,720
2018 $9,698 $680,000 $544,000 $136,000
2017 $4,257 $333,583 $276,534 $57,049
2016 $4,150 $327,043 $271,112 $55,931
2015 $4,092 $322,131 $267,040 $55,091
2014 $4,126 $315,822 $261,810 $54,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-607160

The MLS

APN: 5034-017-059

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