Seller's Agent in 2022
Gabriela Lambert
Innovative Property Strategies
(310) 699-6946
1 in this area
11 Total Sales
Estimated Value: $844,562 - $983,000
EXCELLENT VALUE-ADD INVESTMENT IN OPPORTUNITY ZONE! This terrific well maintained Craftsman-style triplex with great curb appeal is located near USC/Exposition Park. It consists of two separate structures - front duplex with two large side by side two story units, each with two bedrooms and one and a half bathrooms and about 1,090sf. And one detached one bedroom and one bathroom unit in the back above three single car garages. The units are separately metered for gas and electricity. Each unit has it's own water heater. All units have washer/dryer inside. There are three one-car garages and additional parking for about 6 cars. Recent capital improvements include copper plumbing. The property provides huge 35% upside potential in rents and low maintenance. Fantastic location near USC, LA Memorial Coliseum, Exposition Park, SoFi Stadium, Downtown LA Live Hub, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and easy access to 10 and 110 freeways. All units are tenant occupied and will be delivered tenant occupied. All tenants are Section 8. DRIVE BY ONLY, offers subject to interior inspection. Please DO NOT disturb tenants.
Last Agent to Sell the Property
Innovative Property Strategies License #01327946 Listed on: 02/11/2022
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomas Henry Mabson Jr Family Revocable Livin | $850,000 | Fidelity National Title | |
| Sun Ding Yuan Steven | -- | None Available | |
| Sun Ding Yuan Steven | $500,000 | Fidelity Van Nuys | |
| Kim Kyong Ok | $290,000 | Investors Title Company | |
| The Bank Of New York | $339,458 | Landsafe Title | |
| Isaac Rosemary | -- | Commonwealth Title | |
| Salazar Americo | $235,000 | Commonwealth Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thomas Henry Mabson Jr Family Revocable Livin | $850,000 | |
| Previous Owner | Sun Ding Yuan Steven | $315,000 | |
| Previous Owner | Salazar Americo | $231,369 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2022 04/22/22 | Sold | $850,000 | -2.2% | $300 / Sq Ft |
| 03/23/2022 03/23/22 | Pending | -- | -- | -- |
| 02/11/2022 02/11/22 | For Sale | $869,000 | -- | $307 / Sq Ft |
| 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 | $9,075 | $902,026 | $636,724 | $265,302 |
| 2024 | $9,075 | $884,340 | $624,240 | $260,100 |
| 2023 | $8,973 | $867,000 | $612,000 | $255,000 |
| 2022 | $6,831 | $542,916 | $381,199 | $161,717 |
| 2021 | $6,735 | $532,272 | $373,725 | $158,547 |
| 2020 | $6,798 | $526,815 | $369,893 | $156,922 |
| 2019 | $6,541 | $516,487 | $362,641 | $153,846 |
| 2018 | $6,417 | $506,361 | $355,531 | $150,830 |
| 2016 | $6,120 | $486,700 | $341,726 | $144,974 |
| 2015 | $6,033 | $479,390 | $336,593 | $142,797 |
| 2014 | $5,987 | $470,000 | $330,000 | $140,000 |
Seller's Agent in 2022
Gabriela Lambert
Innovative Property Strategies
(310) 699-6946
1 in this area
11 Total Sales
Buyer's Agent in 2022
Louis Perez
Tradewind Realty
(310) 717-1592
1 in this area
31 Total Sales
Source: The MLS
MLS Number: 22-127059
APN: 5021-004-021