3963 Denker Ave Los Angeles, CA 90062
Exposition Park Neighborhood
5
Beds
4
Baths
3,111
Sq Ft
6,471
Sq Ft Lot
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,912
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
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2017
Closed on
Mar 24, 2017
Sold by
Harvey Sarah T
Bought by
Samoni Johnson
Seller's Agent
Michael Henderson
Compass
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
$432,340
Avg. Annual Appreciation
5.52%
Original Mortgage
$467,024
Outstanding Balance
$389,765
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$685,575
Purchase Details
Closed on
Apr 7, 2015
Sold by
Harvey Sarah T
Bought by
Harvey Sarah T and The Sarah T Harvey Family Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $687,000 | Fidelity Sherman Oaks | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $467,024 | New Conventional | |
| Previous Owner | $240,000 | New Conventional | |
| Previous Owner | $80,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 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 | $9,912 | $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
M
Seller's Agent in 2017
Michael Henderson
Compass
(818) 307-5017
35 Total Sales
-
Ogie Obaseki
Buyer's Agent in 2017
Ogie Obaseki
EVERGREEN HOMES
(951) 732-2998
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17032392
APN: 5036-029-014
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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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