NOT LISTED FOR SALE

Estimated Value: $1,034,000 - $1,603,169

6 Beds
3 Baths
3,668 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $1,100,000 $300 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,794/month

104 Days on Market

Highlights

  • 4 Car Attached Garage
  • Ceiling Fan
  • Baseboard Heating
  • Central Heating

About This Home

As of May 2018

Long time owner who kept the building very well maintained. Recently rennovated throughout with upgrades to all units. Located in West Adams. The jewel of the unit is the upstairs unit permitted as a 4 unit and currently being used as one unit suite with views of LA your pickiest owners could occupy. Units are fully rented, separate Meters and will not be delivered vacant

Last Agent to Sell the Property

Jahan Epps

J. Epps Realty License #01429337 Listed on: 01/15/2018

Last Buyer's Agent

Farah Maghsoudi

Homegrown Wealth Real Estate License #01755278

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,257

Year Built

  • Built in 1923

Lot Details

  • 5,740 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 3,668 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Car Attached Garage
  • Driveway

Utilities

  • Central Heating
  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5051-013-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,257

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3668
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 313.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Baseboard, Central

Lot Info

  • Assessed Improvement Value: 282711
  • Assessed Land Value: 149368
  • Assessor Parcel Number: 5051-013-013
  • Geocode Override: No
  • Lot Size Area: 5740

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 4
  • Total Annual Expense: 10000
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Messian and Sharona
Bought by
Beshna Properties Llc
Current Estimated Value
$1,380,792

Purchase Details

Closed on
Aug 17, 2021
Sold by
Messian Behrouz
Bought by
Messian Behrouz and Messian Sharona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2018
Closed on
May 18, 2018
Sold by
Messian Sharona
Bought by
Messian Behrouz
Seller's Agent
Jahan Epps
J. Epps Realty
Buyer's Agent
Farah Maghsoudi
Homegrown Wealth Real Estate
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$605,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 15, 2018
Closed on
May 1, 2018
Sold by
Kannike Martins Josephine Chikem
Bought by
Messian Behrouz
Seller's Agent
Jahan Epps
J. Epps Realty
Buyer's Agent
Farah Maghsoudi
Homegrown Wealth Real Estate
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2013
Sold by
Kannike Martins Josephine C
Bought by
Kannike Martins Josephine Chikem and Josephine Chikem Kannike Martins Living

Purchase Details

Closed on
Oct 14, 2004
Sold by
Kannike Martins Musa B
Bought by
Kannike Martins Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,270
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2002
Sold by
Kannike Martins Musa B
Bought by
Kannike Martins Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Beshna Properties Llc -- None Listed On Document
Messian Behrouz -- Stewart Title Of California
Messian Behrouz -- Stewart Title
Messian Behrouz $1,100,000 Stewart Title
Kannike Martins Josephine Chikem -- None Available
Kannike Martins Josephine -- Landsafe Title
Kannike Martins Josephine -- Investors
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Messian Behrouz $775,000
Previous Owner Messian Behrouz $605,000
Previous Owner Kannike Martins Josephine $644,000
Previous Owner Kannike Martins Josephine $40,000
Previous Owner Kannike Martins Josephine $502,000
Previous Owner Kannike Martins Josephine $379,270
Previous Owner Kannike Martins Josephine $306,000
Previous Owner Kannike Martins Josephine $31,500
Previous Owner Kannike Martins Josephine $206,000
Previous Owner Kannike Martins Josephine $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $1,100,000 -4.3% $300 / Sq Ft
03/27/2018 03/27/18 Price Changed $1,150,000 -1.7% $314 / Sq Ft
03/06/2018 03/06/18 Price Changed $1,170,000 -2.4% $319 / Sq Ft
01/21/2018 01/21/18 Price Changed $1,199,000 -4.1% $327 / Sq Ft
01/15/2018 01/15/18 For Sale $1,250,000 -- $341 / 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 $15,257 $1,266,998 $1,024,044 $242,954
2024 $15,257 $1,227,066 $1,003,965 $223,101
2023 $14,969 $1,203,007 $984,280 $218,727
2022 $14,283 $1,179,420 $964,981 $214,439
2021 $14,095 $1,156,295 $946,060 $210,235
2020 $14,236 $1,144,440 $936,360 $208,080
2019 $13,677 $1,122,000 $918,000 $204,000
2018 $5,655 $440,720 $152,355 $288,365
2016 $5,378 $423,608 $146,440 $277,168
2015 $5,303 $417,246 $144,241 $273,005
2014 $5,340 $409,074 $141,416 $267,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-303678

The MLS

APN: 5051-013-013