NOT LISTED FOR SALE

Estimated Value: $533,103 - $777,000

3 Beds
3 Baths
1,212 Sq Ft
$524/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $400,000 $330 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,889/month

4 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Living Room
  • 5-minute walk to Avalon and Gage Park

About This Home

As of June 2019

CALLING ALL INVESTORS! Los Angeles Triplex NOW AVAILABLE! The 1,212 sq ft property sits upon a 5,408 sq ft lot. Each of unit offers 1 bedroom, 1 bath. All newly renovated with fresh exterior and interior paint, updated kitchens and flooring. The property also beams with a new fence, abundant parking for each unit. Each has it's own water heater, and electric panel. All units currently have tenants.

Last Agent to Sell the Property

Dulce Vazquez

Luxury Collective License #01490687 Listed on: 03/28/2019

Last Buyer's Agent

Tony Spearman

Roll Tide Properties Corp. License #01974791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,698

Year Built

  • Built in 1921

Lot Details

  • 5,409 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits

Home Design

  • Property Attached
  • Additions or Alterations
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,212 Sq Ft Home
  • Living Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 50
  • Tax Tract Number 2393
  • Assessor Parcel Number 6006018035

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • Insurance Expense $1,500
  • Water Sewer Expense $3,600
  • New Taxes Expense $2,651
  • Operating Expense $7,751
  • Net Operating Income $21,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,698

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 3600.00
  • Zoning: LAR2
  • Property Condition: Additions/Alterations, Building Permit, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6006018035
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Price Per Square Foot: 330.03
  • Room Type: All Bedrooms Down, Living Room, Master Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5409.00
  • Lot Size Acres: 0.1242

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 29707.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5409.0000 Square Feet
  • Net Operating Income: 21956.32
  • Number Of Separate Electric Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 7751.00
  • Rent Control: Yes
  • Total Expenses: 7751.00

Tax Info

  • New Taxes Expense: 2651.00
  • Tax Census Tract: 2393.30
  • Tax Lot: 50
  • Tax Tract Number: 2393.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2019
Sold by
Niburi Enterprises Inc
Bought by
Marquez Jonathan S and Marquez Karelvy M
Current Estimated Value
$635,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2017
Sold by
Truitt John
Bought by
Niburi Enterprises Inc

Purchase Details

Closed on
Dec 12, 2005
Sold by
Truitt John
Bought by
Truitt John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
6.31%
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
Marquez Jonathan S $400,000 Lawyers Title
Niburi Enterprises Inc $316,000 North American Title Co
Truitt John -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marquez Jonathan S $300,000
Previous Owner Truitt John $273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2019 06/07/19 Sold $400,000 0.0% $330 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $400,000 +26.6% $330 / Sq Ft
06/02/2017 06/02/17 Sold $316,000 0.0% $261 / Sq Ft View Prior Sale
05/02/2017 05/02/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $316,000 -- $261 / 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 $6,698 $541,021 $418,317 $122,704
2024 $6,698 $530,414 $410,115 $120,299
2023 $6,572 $520,015 $402,074 $117,941
2022 $6,271 $509,820 $394,191 $115,629
2021 $6,195 $499,824 $386,462 $113,362
2020 $6,255 $494,700 $382,500 $112,200
2019 $4,224 $332,303 $239,292 $93,011
2018 $4,137 $325,788 $234,600 $91,188
2016 $2,583 $198,406 $86,100 $112,306
2015 $2,548 $195,427 $84,807 $110,620
2014 $2,576 $191,600 $83,146 $108,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19069574

California Regional Multiple Listing Service (CRMLS)

APN: 6006-018-035