NOT LISTED FOR SALE

Estimated Value: $813,287 - $995,000

5 Beds
5 Baths
4,396 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $430,000 $98 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,377/month

22 Days on Market

About This Home

As of October 2014

Great looking, super clean 5 units on a quiet residential South LA street. Property is in great shape. 3 of the units are detached houses and the other 2 units sit above 4 enclosed garages. Private yards for the houses. Lots of charm. Good size units. This property stays rented. Rent controlled area with upside in the existing rents. Low maintenance and costs to run this property. Units all have separate water heaters, gas and electric meters. Please do not walk the property as tenants are unaware the building is for sale. First time on market in 20 years.

Last Agent to Sell the Property

Christopher Marsocci

Goldcoast Commercial Group License #01095183 Listed on: 07/21/2014

Last Buyer's Agent

JESUS LOPEZ

License #011224626

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,006

Year Built

  • Built in 1930

Lot Details

  • 6,490

Parking

  • 5 Car Attached Garage

Interior Spaces

  • 4,396 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • 6,490 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 6030-031-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,006

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4396
  • Stories: 1
  • Year Built: 1930
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 98.95

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 125643
  • Assessed Land Value: 93333
  • Assessor Parcel Number: 6030-031-001
  • Geocode Override: No
  • Lot Size Area: 6490

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 10.33
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 15118
  • Type Of Units: Apartment
  • Vacancy Rate: 5%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Sep 26, 2014
Sold by
Oronoz Joe and Oronoz Sarah
Bought by
Arredondo Christian and Arredondo Raquel
Seller's Agent
Christopher Marsocci
Goldcoast Commercial Group
Buyer's Agent
JESUS LOPEZ
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Current Estimated Value
$904,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,144
Avg. Annual Appreciation
6.97%
Original Mortgage
$300,000
Outstanding Balance
$229,824
Interest Rate
4.08%
Mortgage Type
Seller Take Back
Estimated Equity
$674,320

Purchase Details

Closed on
Sep 17, 2013
Sold by
Oronoz Joe and Oronoz Sarah
Bought by
Oronoz Joe and Oronoz Sarah
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arredondo Christian -- Chicago Title Company
Oronoz Joe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arredondo Christian $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $430,000 -1.1% $98 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $435,000 -- $99 / 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 $7,006 $516,787 $240,367 $276,420
2024 $7,006 $506,654 $235,654 $271,000
2023 $6,885 $496,721 $231,034 $265,687
2022 $6,596 $486,982 $226,504 $260,478
2021 $6,510 $477,434 $222,063 $255,371
2020 $6,566 $472,540 $219,787 $252,753
2019 $6,335 $463,276 $215,478 $247,798
2018 $6,206 $454,193 $211,253 $242,940
2016 $5,886 $436,557 $203,050 $233,507
2015 $5,808 $430,000 $200,000 $230,000
2014 $3,401 $219,969 $93,756 $126,213
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 14-779413

The MLS

APN: 6030-031-001