NOT LISTED FOR SALE

Estimated Value: $804,000 - $921,333

4 Beds
2 Baths
1,704 Sq Ft
$498/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $645,000 $379 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,290/month

52 Days on Market

About This Home

As of July 2019

This rental property has a great open floor plan. The living room is spacious and extends to the dining area/breakfast bar and a large open kitchen (lots of cabinet space). The bedrooms are a generous size with ample closet space. The backyard is perfect for gathering and or relaxing. This property is centrally located to shopping, freeway, Metrolink, USC and Downtown LA. This is a gem for a first time investor.

Last Agent to Sell the Property

Regina Hooks

Robert Pitts Estates License #01207855 Listed on: 04/19/2019

Last Buyer's Agent

Armin Soleimani

Global Platinum Properties, Inc. License #01846872

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,289

Year Built

  • Built in 1913

Lot Details

  • 6,150

Home Design

  • 1,704 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Uncovered Parking

Additional Features

  • 6,150 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5036-023-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,289

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1704
  • Year Built: 1913
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Hood Fan
  • Price Per S Q F T: 378.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Side By Side, Uncovered
  • Total Parking: 2

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 72058
  • Assessed Land Value: 360309
  • Assessor Parcel Number: 5036-023-021
  • Geocode Override: No
  • Lot Size Area: 6150

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.20
  • Number Of Units: 2
  • Total Annual Expense: 47280
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
3939 Denker Ave Llc
Bought by
Nikfarjam Kambiz and Pajou Faranak Edalat
Current Estimated Value
$839,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$313,779
Interest Rate
2.15%
Mortgage Type
New Conventional
Estimated Equity
$534,554

Purchase Details

Closed on
Sep 25, 2019
Sold by
Nikfarjam Kambiz and Pajou Faranak Edalat
Bought by
3939 Decker Ave Llc

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jul 13, 2019
Sold by
Frierson Yukion and Frierson Katrice
Bought by
Nikfarjam Kambiz and Pajou Faranak Edalat
Seller's Agent
Regina Hooks
Robert Pitts Estates
Buyer's Agent
Armin Soleimani
Global Platinum Properties, Inc.
List Price
$645,000
Sold Price
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$420,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2004
Sold by
Angulo Clive L and Elis Trust
Bought by
Frierson Yukion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2004
Sold by
Financial Fitness Llc
Bought by
Angulo Clive L and Elis Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2004
Sold by
Elis Justo B
Bought by
Financial Fitness Llc and Elis Trust

Purchase Details

Closed on
Jul 12, 2003
Sold by
Arzu Jorge J
Bought by
Elis Justo B

Purchase Details

Closed on
Jan 6, 2000
Sold by
Trow Bart
Bought by
Elis Justo B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,405
Interest Rate
7.72%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 1999
Sold by
Norwest Bank Of Minnesota Na
Bought by
Trow Bart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.09%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Aviles Gema Scarlett
Bought by
Lehman Capital

Purchase Details

Closed on
Aug 18, 1998
Sold by
Figueroa Sonia
Bought by
Pacific Secured Assets Corp Mtg Loan Ass

Purchase Details

Closed on
Jun 27, 1997
Sold by
Tryan Financial Svcs & Investments Inc
Bought by
Figueroa Sonia

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
7.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 18, 1997
Sold by
Bank Of America
Bought by
Tryan Financial Svcs & Investments Inc
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
Nikfarjam Kambiz -- Stewart Title Of California In
3939 Decker Ave Llc -- None Available
Nikfarjam Kambiz $620,000 Stewart Title
Frierson Yukion $360,000 Lawyers Title Co
Angulo Clive L -- Lawyers Title Co
Financial Fitness Llc -- --
Elis Justo B -- --
Elis Justo B $195,000 Provident Title
Trow Bart $96,000 Benefit Land Title Company
Lehman Capital $119,262 Chicago Title Co
Pacific Secured Assets Corp Mtg Loan Ass $121,000 Fidelity National Title Ins
Figueroa Sonia $158,000 --
Tryan Financial Svcs & Investments Inc $85,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikfarjam Kambiz $400,000
Previous Owner Nikfarjam Kambiz $420,000
Previous Owner Frierson Yukion $268,300
Previous Owner Frierson Yukion $330,000
Previous Owner Frierson Yukion $288,000
Previous Owner Elis Justo B $25,000
Previous Owner Elis Justo B $193,405
Previous Owner Trow Bart $76,000
Previous Owner Figueroa Sonia $24,000
Previous Owner Figueroa Sonia $148,500
Closed Frierson Yukion $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2019 07/17/19 Sold $645,000 0.0% $379 / Sq Ft
06/18/2019 06/18/19 For Sale $645,000 0.0% $379 / Sq Ft
06/18/2019 06/18/19 Price Changed $645,000 -4.4% $379 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $675,000 -- $396 / 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 $8,289 $678,057 $514,012 $164,045
2024 $8,289 $664,763 $503,934 $160,829
2023 $8,759 $703,800 $530,400 $173,400
2022 $7,764 $638,951 $484,366 $154,585
2021 $7,663 $626,423 $474,869 $151,554
2020 $7,739 $620,000 $470,000 $150,000
2019 $5,581 $449,833 $374,865 $74,968
2018 $5,507 $441,014 $367,515 $73,499
2016 $5,259 $423,891 $353,245 $70,646
2015 $5,184 $417,524 $347,939 $69,585
2014 $5,214 $409,346 $341,124 $68,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-457300

The MLS

APN: 5036-023-021