NOT LISTED FOR SALE

Estimated Value: $1,239,361 - $1,523,000

8 Beds
4 Baths
3,064 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $1,100,000 $359 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,332/month

43 Days on Market

Highlights

  • Gated Parking
  • Central Heating
  • 1-Story Property
  • John Marshall Senior High Rated A
  • North Facing Home

About This Home

As of July 2021

This spacious triplex in Atwater Village is great for either an owner occupant or investor! Two of the three units have been recently renovated and rented, and the third unit (2+1) has great potential! Both renovated units have granite countertops, new cabinets, new flooring, and stainless kitchen appliances. All three units are currently occupied.

Last Agent to Sell the Property

Kyle Crown

Los Angeles Property Management Group License #01936385 Listed on: 04/29/2021

Last Buyer's Agent

Kyle Crown

Los Angeles Property Management Group License #01936385 Listed on: 04/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,300

Year Built

  • Built in 1910

Lot Details

  • 7,001 Sq Ft Lot
  • North Facing Home

Home Design

  • Triplex

Interior Spaces

  • 3,064 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Gated Parking

Utilities

  • Window Unit Cooling System
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5593-027-020

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Los Angeles Property Management Group Association

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,300

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Excellent opportunity to own a turnkey investment in a great location. Atwater Village close to Glendale, Los Feliz, Silver Lake, Eagle Rock, Echo Park and much more. This recently remodeled triplex consists of a 3 bed/2 bath unit and two 2 bed/1 bath units.
  • Living Area: 3064
  • Lot Acreage: 0.1607
  • Probate: No
  • Stories: 1
  • Year Built: 1910
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 384.79

Exterior Features

  • Direction Faces: North
  • Other Structures: None

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Gated
  • Total Parking: 6

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Los Angeles Property Management Group
  • Mgmt Co Phone: 3232559400|

Lot Info

  • Assessed Improvement Percent: 29.41
  • Assessed Improvement Value: 158436
  • Assessed Land Percent: 70.59
  • Assessed Land Value: 380246
  • Total Assessed Value: 538682
  • Assessor Parcel Number: 5593-027-020
  • Lot Size Area: 7001

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.97
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 7960
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 28, 2021
Sold by
Jl Sunset Llc
Bought by
Yahya Shara
Seller's Agent
Kyle Crown
Los Angeles Property Management Group
Buyer's Agent
Kyle Crown
Los Angeles Property Management Group
List Price
$1,179,000
Sold Price
$1,100,000
Premium/Discount to List
-$79,000
-6.7%
Current Estimated Value
$1,352,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,090
Avg. Annual Appreciation
4.61%
Original Mortgage
$825,000
Outstanding Balance
$750,181
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$578,091

Purchase Details

Closed on
Apr 30, 2014
Sold by
Arredono Socorro Gonzalez and Arredondo Guadalupe
Bought by
Jl Sunset Llc

Purchase Details

Closed on
Jun 25, 2013
Sold by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Bought by
Arredondo Socorro Gonzalez and Arredondo Guadalupe

Purchase Details

Closed on
Mar 3, 2003
Sold by
Arredondo Socorro Gonzalez
Bought by
Arredondo Socorro Gonzalez and Arredondo Guadalupe

Purchase Details

Closed on
Jan 28, 1994
Sold by
Arredondo Guadalupe
Bought by
Arredondo Socorro Gonzalez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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Average Value
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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
Yahya Shara $1,100,000 Lawyers Title Ie
Jl Sunset Llc $510,000 Orange Coast Title
Arredondo Socorro Gonzalez -- None Available
Arredondo Socorro Gonzalez -- --
Arredondo Socorro Gonzalez -- Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yahya Shara $100,000
Open Yahya Shara $825,000
Previous Owner Arredondo Socorro G $165,050
Previous Owner Arredondo Socorro Gonzalez $161,000
Previous Owner Arredondo Socorro Gonzalez $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $1,100,000 -6.7% $359 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $1,179,000 -- $385 / 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 $14,300 $1,167,328 $424,483 $742,845
2024 $14,300 $1,144,440 $416,160 $728,280
2023 $14,027 $1,122,000 $408,000 $714,000
2022 $13,383 $1,100,000 $400,000 $700,000
2021 $7,327 $577,572 $407,699 $169,873
2020 $7,395 $571,651 $403,519 $168,132
2019 $7,116 $560,443 $395,607 $164,836
2018 $6,951 $549,454 $387,850 $161,604
2016 $6,624 $528,121 $372,791 $155,330
2015 $6,531 $520,189 $367,192 $152,997
2014 $1,035 $55,950 $23,579 $32,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-730766

The MLS

APN: 5593-027-020