NOT LISTED FOR SALE

4042 Trinity St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $633,380 - $952,000

8 Beds
4 Baths
2,807 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 04, 2016

Last sale price $380,000 $135 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,726/month

21 Days on Market

About This Home

As of May 2016

***Attention Investors*** Cash offers only! Being sold AS-IS. Four unit property with potential! All units are currently tenant occupied. Please DO NOT DISTURB OCCUPANTS. Front house is 3bd/1ba and 2bd/1 bath. Other unit is 2bd/1ba and lastly a 1bd/1ba unit. Buyers to verify all information. Minutes away from Downtown LA and its amenities.Great investment opportunity! See private remarks for disclosures.

Last Agent to Sell the Property

Jackie Valenzuela

J Valen Real Estate Group License #01993360 Listed on: 02/29/2016

Last Buyer's Agent

Jackie Valenzuela

J Valen Real Estate Group License #01993360 Listed on: 02/29/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,123 Sq Ft Lot

Home Design

  • 2,807 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 5113-023-022

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2807
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 131.81

Exterior Features

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

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 2

Utilities

  • Water District: LADWP
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 172376
  • Assessed Land Value: 214195
  • Assessor Parcel Number: 5113-023-022
  • Geocode Override: No
  • Lot Size Area: 7123

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 6.56
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: Detached

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2018
Sold by
Bastanfar Farhoud
Bought by
Bastanfar Farhoud and Ashoori Sandra
Current Estimated Value
$815,345

Purchase Details

Closed on
Aug 21, 2017
Sold by
Trinity 4042 Llc
Bought by
Bastanfar Farhoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$350,174
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$465,171

Purchase Details

Listed on
Feb 29, 2016
Closed on
Mar 22, 2016
Sold by
Varela Manuel A and Varela Linda Y
Bought by
Trinity 4042 Llc
Seller's Agent
Jackie Valenzuela
J Valen Real Estate Group
Buyer's Agent
Jackie Valenzuela
J Valen Real Estate Group
List Price
$370,000
Sold Price
$380,000
Premium/Discount to List
$10,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Oct 4, 2013
Sold by
Herrera Oscar and Herrera Gertrudis
Bought by
Varela Manuel A and Varela Linda Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2005
Sold by
Herrera Gertrudis and Martinez Gertrudis E
Bought by
Herrera Oscar and Herrera Gertrudis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 1994
Sold by
Martinez Dagoberto and Martinez Martha A
Bought by
Martinez Gertrudis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
9.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bastanfar Farhoud -- None Available
Bastanfar Farhoud -- Orange Coast Title Company
Bastanfar Farhoud -- Orange Coast Title Co Socal
Trinity 4042 Llc $380,000 First American Title Co La
Varela Manuel A $379,000 Ticor Title Co
Herrera Oscar -- North American Title Co
Martinez Gertrudis E -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bastanfar Farhoud $420,000
Closed Bastanfar Farhoud $420,000
Previous Owner Varela Manuel A $284,250
Previous Owner Herrera Oscar $322,000
Previous Owner Martinez Gertrudis E $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2016 05/04/16 Sold $380,000 +2.7% $135 / Sq Ft
02/29/2016 02/29/16 For Sale $370,000 -2.4% $132 / Sq Ft
01/03/2014 01/03/14 Sold $379,000 -0.2% $135 / Sq Ft View Prior Sale
10/01/2013 10/01/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $379,900 -- $135 / 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 $5,900 $449,834 $307,783 $142,051
2024 $5,900 $441,015 $301,749 $139,266
2023 $5,795 $432,369 $295,833 $136,536
2022 $5,542 $423,892 $290,033 $133,859
2021 $5,458 $415,582 $284,347 $131,235
2020 $5,505 $411,322 $281,432 $129,890
2019 $5,305 $403,258 $275,914 $127,344
2018 $5,171 $395,352 $270,504 $124,848
2016 $5,009 $392,465 $217,461 $175,004
2015 $4,879 $386,571 $214,195 $172,376
2014 $3,126 $232,918 $137,013 $95,905
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jackie Valenzuela

    J Valen Real Estate Group

    Section Image
  • Enrique Campos

    Seller's Agent in 2014

    Enrique Campos

    Century 21 Masters

    (818) 300-1595

    1 in this area

    124 Total Sales

    Enrique Campos
    Section Image

  • A

    Buyer's Agent in 2014

    Anaceli Rodriguez

    Peak Real Estate Inc.

    (818) 231-4171

    61 Total Sales

    Anaceli Rodriguez
    Section Image
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Map

Source: The MLS

MLS Number: 16-101620

The MLS

APN: 5113-023-022

California Los Angeles County Los Angeles 90011 Historic South Central

4042 Trinity St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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