M
Seller's Agent in 2017
Michael Henderson
Redfin Corporation
3963 Denker Ave Los Angeles, CA 90062
Exposition Park NeighborhoodEstimated Value: $909,000 - $1,096,000
5
Beds
4
Baths
3,111
Sq Ft
$329/Sq Ft
Est. Value
About This Home
As of April 2017Attention all NFL and USC fans. This great investment opportunity is located within a 15-20 min walk to the coliseum. This 4 unit property is about a mile and a half away from the USC Campus and Los Angeles Coliseum which hosts the NFL's Los Angeles Rams 2017-2018 season. With the potential to raise rents up to 3% per year, this property sits on approximately a 6,471 sq ft lot with 3,111 sq ft of livable space. Three of the units consist of 1 bedroom & 1 baths and the fourth unit consists of a 2 bedrooms & 1 bath. Each unit has a 1 car garage. This pride of ownership property is close to restaurants and entertainment venues. Located near the Expo/Vermont rail station this area has huge potential growth and rental upside. Don't wait! This property is priced to sell!
Last Agent to Sell the Property
Michael Henderson
Redfin Corporation License #01787868 Listed on: 02/17/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 6,471 Sq Ft Lot
- Two or More Common Walls
Parking
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 3,111 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 52
- Tax Tract Number 2313
- Assessor Parcel Number 5036029014
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $2,400
- Water Sewer Expense $3,000
- New Taxes Expense $4,375
- Operating Expense $14,575
- Gross Income $4,370
- Net Operating Income $39,965
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2017
Closed on
Mar 24, 2017
Sold by
Bought by
Seller's Agent
Michael Henderson
Redfin Corporation
Buyer's Agent
Ogie Obaseki
EVERGREEN HOMES
List Price
$699,900
Sold Price
$686,800
Premium/Discount to List
-$13,100
-1.87%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,074
Avg. Annual Appreciation
4.46%
Original Mortgage
$467,024
Outstanding Balance
$387,925
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$636,949
Purchase Details
Closed on
Apr 7, 2015
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $687,000 | Fidelity Sherman Oaks | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $467,024 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2017 04/20/17 | Sold | $686,800 | -1.9% | $221 / Sq Ft |
| 03/14/2017 03/14/17 | Pending | -- | -- | -- |
| 02/17/2017 02/17/17 | For Sale | $699,900 | -- | $225 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,056 | $797,084 | $558,238 | $238,846 |
| 2024 | $9,912 | $781,456 | $547,293 | $234,163 |
| 2023 | $9,729 | $766,134 | $536,562 | $229,572 |
| 2022 | $9,292 | $751,113 | $526,042 | $225,071 |
| 2021 | $9,165 | $736,386 | $515,728 | $220,658 |
| 2019 | $8,899 | $714,546 | $500,432 | $214,114 |
| 2018 | $8,777 | $700,536 | $490,620 | $209,916 |
| 2016 | $1,226 | $73,321 | $23,792 | $49,529 |
| 2015 | $1,213 | $72,221 | $23,435 | $48,786 |
| 2014 | $1,247 | $70,807 | $22,976 | $47,831 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Henderson
-
Ogie Obaseki
Buyer's Agent in 2017
Ogie Obaseki
EVERGREEN HOMES
(951) 732-2998
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17032392
APN: 5036-029-014
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.
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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