W
Seller's Agent in 2022
Walter Hearvey
PLF Real Estate Solutions
3958 3rd Ave Los Angeles, CA 90008
Leimert Park NeighborhoodEstimated Value: $799,000 - $1,041,061
3
Beds
2
Baths
1,465
Sq Ft
$625/Sq Ft
Est. Value
Highlights
- Community Stables
- Wood Flooring
- Park
- All Bedrooms Downstairs
- No HOA
- Laundry Room
About This Home
As of July 2022Deal Alert!!! Amazing, recently renovated Duplex property priced to sell with a MOTIVATED SELLER. Here is your chance to own a beautiful Spanish duplex in highly sought after Leimert Park. The property is in great condition and both units are move-in ready, perfect for an owner occupier or the opportunity to collect prime rental income. Main Unit is immaculate and has two bedrooms and 1 bath with a tenant and second unit is vacant with a good size one bed and one bath. The tree lined street only adds to the beauty of the area and with the growth and development in the area, this is an forward thinking investors dream or a buyer who wants to add to their family legacy. This property will not last long as it has curb appeal, pride of ownership, and is central to everything. Its minutes to USC, Exposition Park and close to downtown LA adn more. Do not Hesitate on this one. Please do not walk property or disturb tenant.
Last Agent to Sell the Property
Walter Hearvey
PLF Real Estate Solutions License #01388489 Listed on: 05/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,392
Year Built
- Built in 1925
Lot Details
- 5,332 Sq Ft Lot
- No Common Walls
- Garden
- Front Yard
Parking
- 4 Car Garage
Home Design
- Composition Roof
Interior Spaces
- 1,465 Sq Ft Home
- Gas Fireplace
- Living Room with Fireplace
- Wood Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Baseboard Heating
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 259
- Tax Tract Number 809
- Assessor Parcel Number 5034018045
- $285 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Recreation
- Park
- Community Stables
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $480
- Insurance Expense $1,200
- Operating Expense $2,600
- Gross Income $38,000
- Net Operating Income $36,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 11, 2021
Sold by
Anderson Jerleen and Perry Jon F
Bought by
Anderson Jerleen and Jerleen Anderson Family Protec
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Outstanding Balance
$373,726
Interest Rate
2.9%
Estimated Equity
$541,789
Purchase Details
Closed on
Jul 7, 2017
Sold by
Anderson Perry Jerleen and Perry Jon F
Bought by
Anderson Jerleen and Jerleen Anderson Family Protec
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2012
Sold by
Anderson Jerleen
Bought by
Anderson Jerleen and Jerleen Anderson Family Protec
Purchase Details
Closed on
Jun 23, 2000
Sold by
Smith Thorn
Bought by
Anderson Jerleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,765
Interest Rate
8.67%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 3, 1999
Sold by
Meshack John Leon and Meshack Sheryl L
Bought by
Meshack John Leon and Meshack Sheryl L
Purchase Details
Closed on
Aug 15, 1994
Sold by
Hardy Morris E and Smith Thorn
Bought by
Smith Thorn and Smith Sheila
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anderson Jerleen | -- | Amrock Llc | |
| Anderson Jerleen | -- | Amrock Llc | |
| Anderson Jerleen | -- | Title365 | |
| Anderson Perry Jerleen | -- | Title365 | |
| Anderson Jerleen | -- | None Available | |
| Anderson Jerleen | $151,000 | -- | |
| Meshack John Leon | -- | -- | |
| Smith Thorn | $24,877 | First Southwestern Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Jerleen | $411,000 | |
| Closed | Anderson Jerleen | $411,000 | |
| Closed | Anderson Perry Jerleen | $332,500 | |
| Previous Owner | Anderson Jerleen | $280,000 | |
| Previous Owner | Anderson Jerleen | $262,500 | |
| Previous Owner | Anderson Jerleen | $208,000 | |
| Previous Owner | Anderson Jerleen | $168,750 | |
| Previous Owner | Anderson Jerleen | $149,765 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $825,000 | +4.4% | $563 / Sq Ft |
| 06/13/2022 06/13/22 | Price Changed | $790,000 | 0.0% | $539 / Sq Ft |
| 05/14/2022 05/14/22 | Pending | -- | -- | -- |
| 05/09/2022 05/09/22 | For Sale | $790,000 | -- | $539 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,392 | $858,330 | $598,230 | $260,100 |
| 2024 | $10,392 | $841,500 | $586,500 | $255,000 |
| 2023 | $10,195 | $825,000 | $575,000 | $250,000 |
| 2022 | $2,848 | $218,673 | $169,444 | $49,229 |
| 2021 | $2,804 | $214,386 | $166,122 | $48,264 |
| 2020 | $2,829 | $212,189 | $164,419 | $47,770 |
| 2019 | $2,726 | $208,030 | $161,196 | $46,834 |
| 2018 | $2,651 | $203,952 | $158,036 | $45,916 |
| 2016 | $2,443 | $196,034 | $151,900 | $44,134 |
| 2015 | $2,408 | $193,091 | $149,619 | $43,472 |
| 2014 | $2,429 | $189,310 | $146,689 | $42,621 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Samuel Woldeyesus
Compass
(949) 689-1558
1 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW22096853
APN: 5034-018-045
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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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