NOT LISTED FOR SALE

Estimated Value: $1,015,000 - $1,441,000

5 Beds
4 Baths
3,096 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $975,000 $315 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,491/month

11 Days on Market

Highlights

  • Detached Guest House
  • Wood Flooring
  • Lawn
  • Views of a landmark
  • Bonus Room
  • No HOA

About This Home

As of August 2020

Exposition Park Area TRIPLEX features 3096 sq ft of Living space plus a Detached Rumpus room with a Full Bath providing $1000 of EXTRA Income. 3 Detached Garages for each unit and Laundry rooms for each unit, copper plumbing plus 9 parking spaces DELIVERED VACANT! Located in Highly Desired Neighborhood minutes from USC,LA COLISEUM,BANK OF CALIFORNIA STADIUM,EXPOSITION PARK,SHRINE AUDITORIUM,METRO EXPRESS and SO much more Property consist of One 3 Bedroom 2 bath Top unit featuring 1548 sq ft of open concept living space, master bedroom, City light Views from its balcony,central air and heat and a Pro-forma Rent of $3200 Downstairs are Two 1 bedroom 1 bath large units ,each about 774 sq ft. in living space with a combined pro-forma rent of $3800. Great Investment property with an Owners Pride of Ownership with a 12 Gross multiplier. Rumpus room is detached from triplex and Garages and is a Legal structure.Recent upgrades include tankless Water heater,new windows and exterior paint Call me for a private showing

Last Agent to Sell the Property

Josephine San Lucas

KELLER WILLIAMS LARCHMONT License #01308257 Listed on: 05/29/2020

KELLER WILLIAMS LARCHMONT

Last Buyer's Agent

Josephine San Lucas

KELLER WILLIAMS LARCHMONT License #01308257 Listed on: 05/29/2020

KELLER WILLIAMS LARCHMONT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,951

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 6,479 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Paved or Partially Paved Lot
  • Lawn

Parking

  • 3 Car Garage

Property Views

  • Views of a landmark
  • Neighborhood

Home Design

  • Triplex

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room
  • Bonus Room
  • Utility Room
  • Laundry Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outbuilding

Additional Features

  • Accessible Parking
  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 34
  • Tax Tract Number 2315
  • Assessor Parcel Number 5021007020

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,750
  • Trash Expense $786
  • Water Sewer Expense $786
  • Operating Expense $3,321
  • Gross Income $8,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,951

Year Built

Built in 1918 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 785.50
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5021007020
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: Parking
  • Levels: Two
  • Price Per Square Foot: 314.92
  • Room Type: Bonus Room, Living Room, Master Bedroom, Separate Family Room, Utility Room

Exterior Features

  • Other Structures: Guest House, Guest House Detached, Outbuilding, Workshop
  • View: Landmark, Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 785.50
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Paved
  • Lot Size Sq Ft: 6479.00
  • Lot Size Acres: 0.1487

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 774 Square Feet
  • Average3 Bed Area: 1548 Square Feet
  • Average Studio Area: 400 Square Feet
  • Gross Income: 8000.00
  • Gross Scheduled Income: 8000.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 6479.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 7000.00
  • Total Expenses: 3321.00

Tax Info

  • Tax Census Tract: 2315.00
  • Tax Lot: 34
  • Tax Tract Number: 2315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Artiga Salvador
Bought by
Artiga Salvador and The Salvador Artiga Living Tru
Current Estimated Value
$1,179,039

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 16, 2020
Sold by
Ball Anderson and Ball Maria
Bought by
Artiga Salvador
Seller's Agent
Josephine San Lucas
KELLER WILLIAMS LARCHMONT
Buyer's Agent
Josephine San Lucas
KELLER WILLIAMS LARCHMONT
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$195,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2007
Sold by
Ball Anderson
Bought by
Ball Anderson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,535
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Ball Maria
Bought by
Ball Anderson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,535
Interest Rate
6.29%
Mortgage Type
New Conventional
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
Artiga Salvador -- None Available
Artiga Salvador $975,000 Lawyers Title
Ball Anderson -- Accommodation
Ball Anderson -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Artiga Salvador $195,000
Previous Owner Ball Anderson $494,535
Previous Owner Ball Anderson $444,000
Previous Owner Ball Anderson $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $975,000 0.0% $315 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $975,000 -7.1% $315 / Sq Ft
05/29/2020 05/29/20 For Sale $1,050,000 -- $339 / 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 $12,951 $1,055,369 $838,884 $216,485
2024 $12,951 $1,034,677 $822,436 $212,241
2023 $12,709 $1,014,390 $806,310 $208,080
2022 $12,131 $994,500 $790,500 $204,000
2021 $11,971 $975,000 $775,000 $200,000
2020 $992 $47,242 $24,629 $22,613
2019 $971 $46,317 $24,147 $22,170
2018 $831 $45,410 $23,674 $21,736
2016 $763 $43,648 $22,755 $20,893
2015 $755 $42,994 $22,414 $20,580
2014 $780 $42,152 $21,975 $20,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB20101499

California Regional Multiple Listing Service (CRMLS)

APN: 5021-007-020