NOT LISTED FOR SALE

Estimated Value: $748,000 - $950,000

7 Beds
5 Baths
2,928 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $560,000 $191 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,019/month

13 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • No Heating

About This Home

As of August 2018

Great opportunity for an Investor or Owner, the property is in need of updating and repair, but in a great location near USC and shopping and public transportation. Three Seperate units, front house is 4 Bedroom and 3 bath, and one back unit is a 2 bedroom and 1 bath, and the other is a one bedroom and one bath.

Last Agent to Sell the Property

Patricia Aguero

South Bay Capital Group License #00948455 Listed on: 05/26/2018

Last Buyer's Agent

Bulmaro Jarquin

Oax Realty License #02021160

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 7,123 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,928 Sq Ft Home
  • Triplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 7
  • Assessor Parcel Number 5113023011

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Insurance Expense $475
  • Trash Expense $420
  • Water Sewer Expense $1,200
  • New Taxes Expense $2,774
  • Operating Expense $7,269
  • Gross Income $45,600
  • Net Operating Income $38,331

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LARD2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5113023011
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 191.26

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 420.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7123.00

Multi Family

  • Electric Expense: 2400.00
  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 475.00
  • Net Operating Income: 38331.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 7269.00
  • Rent Control: Yes
  • Total Actual Rent: 3.00
  • Total Expenses: 7269.00

Tax Info

  • New Taxes Expense: 2774.00
  • Tax Census Tract: 2284.20
  • Tax Lot: 8
  • Tax Tract Number: Blk 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2018
Closed on
Jun 19, 2018
Sold by
Albino Lorena and Albino Lizette
Bought by
Diaz Vilma Del Carmen
Seller's Agent
Patricia Aguero
South Bay Capital Group
Buyer's Agent
Bulmaro Jarquin
Oax Realty
List Price
$580,000
Sold Price
$560,000
Premium/Discount to List
-$20,000
-3.45%
Current Estimated Value
$840,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,667
Avg. Annual Appreciation
5.58%
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2010
Sold by
Albino Daniel
Bought by
Albino Lorena and Albino Lizette

Purchase Details

Closed on
Aug 11, 2008
Sold by
Dealbino Rafaela Vasquez
Bought by
Albino Lorena and Albino Lizette

Purchase Details

Closed on
Oct 14, 2003
Sold by
Albino Macario
Bought by
Dealbino Rafaela Vasquez
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diaz Vilma Del Carmen $560,000 Old Republic Title Company
Albino Lorena -- Old Republic Title Company
Albino Lorena -- None Available
Albino Lorena -- None Available
Dealbino Rafaela Vasquez -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Vilma Del Carmen $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2018 08/08/18 Sold $560,000 -3.4% $191 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $580,000 -- $198 / 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 $7,849 $624,686 $356,964 $267,722
2024 $7,849 $612,438 $349,965 $262,473
2023 $7,703 $600,430 $343,103 $257,327
2022 $7,355 $588,658 $336,376 $252,282
2021 $7,254 $577,117 $329,781 $247,336
2020 $7,322 $571,200 $326,400 $244,800
2019 $7,044 $560,000 $320,000 $240,000
2018 $2,832 $205,626 $78,628 $126,998
2016 $2,681 $197,643 $75,576 $122,067
2015 $2,646 $194,675 $74,441 $120,234
2014 $2,675 $190,862 $72,983 $117,879
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18125847

California Regional Multiple Listing Service (CRMLS)

APN: 5113-023-011