NOT LISTED FOR SALE

Estimated Value: $1,210,000 - $1,596,000

7 Beds
4 Baths
3,444 Sq Ft
$391/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $715,000 $208 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,197/month

24 Days on Market

About This Home

As of July 2016

Beautifully Renovated 4 Unit Craftsman in University Park. Quiet street in Pride of Ownership neighborhood near USC. Seller has made many improvements including New exterior paint, re-asphalting driveway, copper plumbing, and major updating of 2 of the 4 units. The 3BR/1BA is totally re-habbed with hardwood floors granite counter tops, open beam ceiling, etc. Perfect for owner/user or rent to USC students for premium rents. Great upside on current low rents.

Last Agent to Sell the Property

Keith Moret

Lyon Stahl Investment Real Estate, Inc. License #01802527 Listed on: 04/01/2016

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Keith Moret

Keller Williams Beach Cities License #01802527

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,332

Year Built

  • Built in 1908

Lot Details

  • 6,078

Interior Spaces

  • 3,444 Sq Ft Home
  • 2-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Additional Features

  • 6,078 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5036-019-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,332

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3444
  • Stories: 2
  • Year Built: 1908
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 201.80

Exterior Features

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

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall Gas
  • Water Expense: 1850.00

Fee Information

  • Insurance Expense: 2100.00
  • Maintenance Expense: 2650.00
  • Trash Expense: 1100.00

Lot Info

  • Assessed Improvement Value: 100000
  • Assessed Land Value: 285000
  • Assessor Parcel Number: 5036-019-020
  • Geocode Override: No
  • Lot Size Area: 6078

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.87
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 17403
  • Type Of Units: Residential
  • Vacancy Rate: 25%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 23, 2016
Sold by
Eckhardt Greg
Bought by
Creed William C
Seller's Agent
Keith Moret
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Keith Moret
Lyon Stahl Investment Real Estate, Inc.
List Price
$695,000
Sold Price
$715,000
Premium/Discount to List
$20,000
2.88%
Current Estimated Value
$1,346,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,333
Avg. Annual Appreciation
5.98%
Original Mortgage
$755,116
Outstanding Balance
$604,817
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$607,516

Purchase Details

Listed on
Nov 19, 2013
Closed on
Dec 1, 2014
Sold by
Aa Ca Property Portfolio 1 Llc
Bought by
Eckhardt Greg
Seller's Agent
William Ramirez
Nationwide Real Estate Execs
Buyer's Agent
William Ramirez
Nationwide Real Estate Execs
List Price
$350,000
Sold Price
$385,000
Premium/Discount to List
$35,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.24%
Original Mortgage
$352,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2013
Closed on
Oct 16, 2014
Sold by
Hernandez Manuel Morales
Bought by
Aa Ca Property Portfolio 1 Llc
Seller's Agent
William Ramirez
Nationwide Real Estate Execs
Buyer's Agent
William Ramirez
Nationwide Real Estate Execs
List Price
$350,000
Sold Price
$385,000
Premium/Discount to List
$35,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2006
Sold by
Morales Morena Guadalupe
Bought by
Hernandez Manuel Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 16, 2006
Sold by
Ordonez Humberto and Ordonez Roxana
Bought by
Hernandez Manuel Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 5, 2004
Sold by
Munoz Irma
Bought by
Munoz Juan

Purchase Details

Closed on
Jul 27, 2004
Sold by
Capital Investments Properties Llc
Bought by
Ordonez Humberto and Ordonez Roxana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Ross Lupe
Bought by
Capital Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 22, 2002
Sold by
Key Hekima Karl
Bought by
Ross Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.25%

Purchase Details

Closed on
Apr 15, 1999
Sold by
Ross Bennie T and Ross Lupe
Bought by
Key Hekima Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,903
Interest Rate
7.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 1996
Sold by
Ross Bennie T
Bought by
Ross Bennie T and Ross Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,700
Interest Rate
13.37%

Purchase Details

Closed on
Oct 30, 1996
Sold by
Ross Bennie T and Ocwen Federal Bank Fsb
Bought by
Ocwen Federal Bank Fsb and Berkeley Federal Bank & Trust Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,700
Interest Rate
13.37%

Purchase Details

Closed on
Jun 27, 1995
Sold by
Ross Lupe and Ross Bennie T
Bought by
Ross Bennie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.74%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Creed William C $715,000 First American Title Company
Eckhardt Greg $470,000 None Available
Aa Ca Property Portfolio 1 Llc $385,000 None Available
Hernandez Manuel Morales -- Ticor Title Co Glendale
Hernandez Manuel Morales $730,000 Ticor Title Co Glendale
Munoz Juan -- Ticor Title Company Of Calif
Ordonez Humberto $525,000 Ticor Title Company
Capital Investment Properties Llc $300,000 --
Ross Lupe -- Old Republic Title Company
Key Hekima Karl $165,000 Commonwealth Land Title Co
Ross Bennie T -- Provident Title Co
Ocwen Federal Bank Fsb $155,915 Chicago Title Company
Ross Bennie T -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creed William C $755,116
Previous Owner Eckhardt Greg $352,500
Previous Owner Hernandez Manuel Morales $200,000
Previous Owner Hernandez Manuel Morales $25,000
Previous Owner Hernandez Manuel Morales $500,000
Previous Owner Ordonez Humberto $420,000
Previous Owner Capital Investment Properties Llc $68,000
Previous Owner Capital Investment Properties Llc $210,000
Previous Owner Capital Investment Properties Llc $199,500
Previous Owner Capital Investment Properties Llc $78,000
Previous Owner Ross Lupe $200,000
Previous Owner Key Hekima Karl $163,903
Previous Owner Ross Bennie T $161,700
Previous Owner Ross Bennie T $150,000
Closed Ordonez Humberto $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $715,000 +2.9% $208 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $695,000 +80.5% $202 / Sq Ft
11/12/2014 11/12/14 Sold $385,000 +10.0% $112 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $350,000 -- $102 / 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 $10,332 $829,813 $499,049 $330,764
2024 $10,332 $813,543 $489,264 $324,279
2023 $10,142 $797,592 $479,671 $317,921
2022 $9,686 $781,954 $470,266 $311,688
2021 $9,553 $766,623 $461,046 $305,577
2019 $9,275 $744,306 $447,372 $296,934
2018 $9,138 $729,720 $438,600 $291,120
2016 $6,051 $477,167 $335,032 $142,135
2015 $4,953 $385,000 $285,000 $100,000
2014 -- $797,839 $601,113 $196,726
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-112168

The MLS

APN: 5036-019-020