NOT LISTED FOR SALE

3923 Brighton Ave Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $949,000 - $1,159,000

6 Beds
4 Baths
3,096 Sq Ft
$342/Sq Ft Est. Value

Last Sold April 03, 2018

Last sale price $701,000 $226 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,602/month

20 Days on Market

Highlights

  • Cape Cod Architecture
  • Double Pane Windows
  • Ceramic Countertops
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Living Room

About This Home

As of April 2018

4 unit investment opportunity near USC. 2 buildings with 2 units each (total of 4 units) + 2 car detached garage. 1 bedroom unit in
back has laundry hookups. Property located in a strong rental area only blocks away from USC, with a high demand for off campus
student housing. Convenient drive to USC, LA Coliseum, Exposition Park, LA Metro Expo Line , Downtown LA and 10 / 110 freeways.
A new 30 year roof system has been installed early 2017. Drive-by only. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Kaitlyn Nguyen

Advance Estate Realty License #01317864 Listed on: 02/14/2018

Co-Listed By

Ly Nguyen

Advance Estate Realty License #01964533

Last Buyer's Agent

John Man

MANREALTY.COM License #01388408

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,709

Year Built

  • Built in 1924

Lot Details

  • 5,766 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Cape Cod Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas Range
  • Range Hood
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9
  • Assessor Parcel Number 5036018009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $9,780
  • Gross Income $50,892
  • Net Operating Income $41,112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,709

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR4
  • Architectural Style: Cape Cod
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5036018009
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Interior Amenities: Ceramic Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 226.42
  • Room Type: Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Range Hood, Water Heater
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 5766.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 50892.00
  • Gross Scheduled Income: 50892.00
  • Net Operating Income: 41112.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9780.00
  • Rent Control: Yes
  • Total Actual Rent: 4241.00
  • Total Expenses: 9780.00

Tax Info

  • Tax Census Tract: 2313.00
  • Tax Lot: 9
  • Tax Tract Number: JONES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2018
Sold by
Mermik Holding Llc
Bought by
Zoey Design Llc
Current Estimated Value
$1,058,210

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 27, 2018
Sold by
Vanyee Linda Van and Yee Leeann Thao
Bought by
Mermlk Holdings Llc
Seller's Agent
Kaitlyn Nguyen
Advance Estate Realty
Buyer's Agent
John Man
MANREALTY.COM
List Price
$699,000
Sold Price
$701,000
Premium/Discount to List
$2,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$290,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2016
Sold by
Yee Larry S K
Bought by
Vanyee Linda

Purchase Details

Listed on
Sep 9, 2014
Closed on
Sep 1, 2015
Sold by
Walter H Ross Trust
Bought by
Tran Jimmy D
Seller's Agent
Caroline Gim
Expert Real Estate & Investment
Buyer's Agent
Aurora Gim
Expert Real Estate & Investment
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$344,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2006
Sold by
Ross Walter S
Bought by
Ross Walter H and Walter H Ross Trust

Purchase Details

Closed on
Jun 19, 1997
Sold by
Ross Maria Estafana
Bought by
Ross Walter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
9.95%

Purchase Details

Closed on
Nov 28, 1994
Sold by
Ross Maria E
Bought by
Ross Walter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.92%
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
Zoey Design Llc -- None Available
Mermlk Holdings Llc $701,000 Orange Coast Title Company
Vanyee Linda -- Accommodation
Vanyee Linda -- Accommodation
Tran Jimmy D $530,000 Ortc
Ross Walter H -- None Available
Ross Walter S -- Chicago Title Co
Ross Walter S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoey Design Llc $385,000
Previous Owner Mermlk Holdings Llc $290,000
Previous Owner Tran Jimmy D $344,500
Previous Owner Ross Walter S $237,500
Previous Owner Ross Walter S $217,500
Previous Owner Ross Walter S $196,000
Previous Owner Ross Walter S $175,500
Previous Owner Ross Walter S $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2018 04/03/18 Sold $701,000 +0.3% $226 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $699,000 +31.9% $226 / Sq Ft
09/11/2015 09/11/15 Sold $530,000 -7.8% $171 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
09/09/2014 09/09/14 For Sale $575,000 -- $186 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,709 $781,974 $669,309 $112,665
2024 $9,709 $766,642 $656,186 $110,456
2023 $9,531 $751,611 $643,320 $108,291
2022 $9,102 $736,874 $630,706 $106,168
2021 $8,977 $722,427 $618,340 $104,087
2019 $8,880 $715,020 $500,514 $214,506
2018 $8,100 $645,048 $384,948 $260,100
2016 $6,656 $530,000 $371,000 $159,000
2015 $1,942 $134,434 $79,284 $55,150
2014 $1,977 $131,801 $77,731 $54,070
Source: Public Records

Agents Affiliated with this Home

  • Kaitlyn Nguyen

    Seller's Agent in 2018

    Kaitlyn Nguyen

    Advance Estate Realty

    (714) 715-9932

    59 Total Sales

    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Ly Nguyen

    Advance Estate Realty

    (714) 894-4306

    6 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    John Man

    MANREALTY.COM

    Section Image
  • Caroline Gim

    Seller's Agent in 2015

    Caroline Gim

    Expert Real Estate & Investment

    (562) 861-4311

    111 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Aurora Gim

    Expert Real Estate & Investment

    (800) 424-9622

    113 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18035339

California Regional Multiple Listing Service (CRMLS)

APN: 5036-018-009

California Los Angeles County Los Angeles 90062 Exposition Park

3923 Brighton Ave, Los Angeles, CA

This home is located at 3923 Brighton Ave, Los Angeles, CA 90062 since 14 February 2018 and is currently estimated at $1,058,210, approximately $341 per square foot. This property was built in 1924. 3923 Brighton Ave is a home located in Los Angeles County with nearby schools including Martin Luther King Jr. Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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