NOT LISTED FOR SALE

3959 S St Andrews Place Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $996,000 - $1,387,000

6 Beds
4 Baths
3,604 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $1,025,000 $284 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,450/month

14 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Martin Luther King Jr Park

About This Home

As of May 2021

Excellent investment opportunity located minutes away from Downtown.
Property is being sold in current "As-Is" conditions, dont let this opportunity pass you by!!!
Please drive-by only. Do NOT disturb the tenants, interior viewing after offer acceptance.
Buyer/Buyers Agent to do their due diligence in investigating the property

Last Agent to Sell the Property

Stephen Kim

eXp Realty of California Inc License #02108796 Listed on: 03/18/2021

eXp Realty of California Inc

Last Buyer's Agent

Ari Wintraub

Sotheby's International Realty License #01943483

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,661

Year Built

  • Built in 1923

Lot Details

  • 8,217 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 3,604 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 4463
  • Assessor Parcel Number 5035010001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $13,200
  • Operating Expense $16,200
  • Gross Income $82,800
  • Net Operating Income $66,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,661

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5035010001
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 284.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8217.00
  • Lot Size Acres: 0.1886

Multi Family

  • Gross Income: 82800.00
  • Gross Scheduled Income: 82800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8217.0000 Square Feet
  • Net Operating Income: 66600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 16200.00
  • Rent Control: Yes
  • Total Actual Rent: 52783.00
  • Total Expenses: 16200.00

Tax Info

  • New Taxes Expense: 13200.00
  • Tax Census Tract: 2314.00
  • Tax Lot: 40
  • Tax Tract Number: 4463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 30, 2021
Sold by
Kohanoff Sharona
Bought by
Javaherian Omid
Seller's Agent
Stephen Kim
eXp Realty of California Inc
Buyer's Agent
Ari Wintraub
Sotheby's International Realty
List Price
$1,100,000
Sold Price
$1,025,000
Premium/Discount to List
-$75,000
-6.82%
Current Estimated Value
$1,158,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,555
Avg. Annual Appreciation
3.05%
Original Mortgage
$768,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 5, 2021
Sold by
Bae & Lee Llc
Bought by
Javaherian Omid
Seller's Agent
Stephen Kim
eXp Realty of California Inc
Buyer's Agent
Ari Wintraub
Sotheby's International Realty
List Price
$1,100,000
Sold Price
$1,025,000
Premium/Discount to List
-$75,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2020
Sold by
Bae David and Bae Nancy
Bought by
Bae & Lee Llc

Purchase Details

Listed on
Aug 10, 2019
Closed on
Feb 6, 2020
Sold by
Lofton Edna W and Lofton Family Trust
Bought by
Bae David and Bae Nancy
Seller's Agent
Ted Brass
Ted Brass Real Estate Solutions
Buyer's Agent
Bao Nguyen
3T Homes Inc.
List Price
$899,999
Sold Price
$855,000
Premium/Discount to List
-$44,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$598,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1998
Sold by
Crawford James E
Bought by
Lofton Edna W and Lofton Family Trust
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
Javaherian Omid -- North American Title
Javaherian Omid $1,025,000 North American Title
Bae & Lee Llc -- Old Republic Title Company
Bae David $855,000 Fidelity National Title
Lofton Edna W -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Javaherian Omid $768,750
Previous Owner Bae David $598,500
Previous Owner Lofton Edna W $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $1,025,000 -6.8% $284 / Sq Ft
05/21/2021 05/21/21 For Sale $1,100,000 0.0% $305 / Sq Ft
04/16/2021 04/16/21 For Sale $1,100,000 0.0% $305 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $1,100,000 +28.7% $305 / Sq Ft
03/09/2020 03/09/20 Sold $855,000 -5.0% $237 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
08/10/2019 08/10/19 For Sale $899,999 -- $250 / 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 $13,661 $1,109,490 $757,701 $351,789
2024 $13,661 $1,087,737 $742,845 $344,892
2023 $13,406 $1,066,410 $728,280 $338,130
2022 $12,797 $1,045,500 $714,000 $331,500
2021 $10,734 $863,857 $606,216 $257,641
2020 $3,773 $266,309 $174,862 $91,447
2019 $3,644 $261,088 $171,434 $89,654
2018 $3,510 $255,970 $168,073 $87,897
2016 $3,327 $246,033 $161,548 $84,485
2015 $3,283 $242,338 $159,122 $83,216
2014 $3,316 $237,592 $156,006 $81,586
Source: Public Records

Agents Affiliated with this Home

  • Stephen Kim

    Seller's Agent in 2021

    Stephen Kim

    eXp Realty of California Inc

    (213) 219-7479

    1 in this area

    5 Total Sales

    Stephen Kim
    Section Image
  • Ari Wintraub

    Buyer's Agent in 2021

    Ari Wintraub

    Sotheby's International Realty

    (310) 428-5045

    1 in this area

    71 Total Sales

    Ari Wintraub
    Section Image

  • T

    Seller's Agent in 2020

    Ted Brass

    Ted Brass Real Estate Solutions

    Section Image

  • B

    Buyer's Agent in 2020

    Bao Nguyen

    3T Homes Inc.

  • D

    Buyer's Agent in 2020

    Dustin Lee

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21053899

California Regional Multiple Listing Service (CRMLS)

APN: 5035-010-001

California Los Angeles County Los Angeles 90062 Exposition Park

3959 S St Andrews Place, Los Angeles, CA

This home is located at 3959 S St Andrews Place, Los Angeles, CA 90062 since 18 March 2021 and is currently estimated at $1,158,555, approximately $321 per square foot. This property was built in 1923. 3959 S St Andrews Place is a home located in Los Angeles County with nearby schools including Martin Luther King Jr. Elementary School, Barack Obama Global Preparation Academy, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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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