NOT LISTED FOR SALE

416 S Ferris Ave Los Angeles, CA 90022

Estimated Value: $831,000 - $1,051,000

6 Beds
3 Baths
2,292 Sq Ft
$409/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $870,000 $380 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,112/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Park
  • James A. Garfield Senior High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of April 2023

Great investment property with 3 units in East Los Angeles. Each unit has 2 bedrooms, 1 bath and two parking spaces. Front unit has newer windows with plantation shutters on all windows except for kitchen, wood floors throughout and tile flooring in kitchen and bathroom. Second unit has washer and dryer hookups, vinyl flooring, carpet in bedrooms and an attached two car garage. Third unit has washer and dryer hookups, vinyl flooring throughout and laminated wood flooring in bedrooms. This triplex is 2,292 sqft and lot is 8,000 sqft, centrally located near 60 fwy and 710 fwy. Walking distance to David Wark Griffith Junior High School and Garfield High School. Conveniently located to shopping and restaurants.

Last Agent to Sell the Property

Adriana Ceballos

Century 21 Synergia Realty License #01507498 Listed on: 02/23/2023

Century 21 Synergia Realty

Last Buyer's Agent

Yingli Thurston

Frontier Realty License #01836030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,453

Year Built

  • Built in 1950

Lot Details

  • 8,000 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Rectangular Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Driveway

Home Design

  • 2,292 Sq Ft Home
  • Triplex
  • Interior Block Wall
  • Shingle Roof

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 17
  • Tax Tract Number 4074
  • Assessor Parcel Number 5248014003
  • $1,614 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,453

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 290000
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1.00
  • Zoning: LCR2YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5248014003
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 379.58
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 8000.00
  • Lot Size Acres: 0.1837

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 806 Square Feet
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1.00
  • Lot Size Area: 8000.0000 Square Feet
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Actual Rent: 2300.00
  • Total Expenses: 1.00

Tax Info

  • Tax Area: 996
  • Tax Block: 17
  • Tax Census Tract: 5316.03
  • Tax Lot: 2
  • Tax Tract Number: 4074
  • TaxOtherAnnualAssessmentAmount: 1614.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 10, 2023
Sold by
Wu Timothy C and Toulon Josephine
Bought by
Jddt Enterprises Llc
Seller's Agent
Adriana Ceballos
Century 21 Synergia Realty
Buyer's Agent
Yingli Thurston
Frontier Realty
List Price
$870,000
Sold Price
$870,000
Views
58
Current Estimated Value
$938,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,539
Avg. Annual Appreciation
2.85%
Original Mortgage
$522,000
Outstanding Balance
$508,320
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$422,871

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 5, 2023
Sold by
Garcia Jorge Alberto and Garcia Sandra Luz
Bought by
Wu Timothy C and Chiu Josephine Youlon
Seller's Agent
Adriana Ceballos
Century 21 Synergia Realty
Buyer's Agent
Yingli Thurston
Frontier Realty
List Price
$870,000
Sold Price
$870,000
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Outstanding Balance
$508,320
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$422,871

Purchase Details

Closed on
Sep 24, 2021
Sold by
Garcia Manuel
Bought by
Garcia Jorge Alberto and Garcia Sandra Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
2.8%

Purchase Details

Closed on
Jul 1, 2015
Sold by
Agopian Louie and Agopian Trust
Bought by
Garcia Jorge A and Garcia Sandra Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,876
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 2015
Sold by
Rincon Susana Garcia
Bought by
Garcia Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,876
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 1997
Sold by
Agopian Mary
Bought by
Agopian Martin and Agopian Mary

Purchase Details

Closed on
Jun 30, 1995
Sold by
Pililian Norma
Bought by
Agopian Mary
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
Jddt Enterprises Llc -- Clearmark Title
Wu Timothy C $870,000 First American Title
Garcia Jorge Alberto -- Accommodation
Garcia Jorge A $439,000 Orange Coast Title Co Socal
Garcia Manuel -- Orange Coast Title Co Socal
Agopian Martin -- --
Agopian Mary -- --
Pililian Norma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Timothy C $522,000
Previous Owner Garcia Jorge Alberto $386,000
Previous Owner Garcia Manuel $428,876
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $870,000 0.0% $380 / Sq Ft
02/23/2023 02/23/23 For Sale $870,000 -- $380 / 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 $12,453 $905,148 $645,048 $260,100
2024 $12,453 $887,400 $632,400 $255,000
2023 $8,982 $616,582 $443,143 $173,439
2022 $7,189 $489,709 $334,654 $155,055
2021 $7,104 $480,108 $328,093 $152,015
2020 $7,149 $475,186 $324,729 $150,457
2019 $6,904 $465,869 $318,362 $147,507
2018 $6,697 $456,735 $312,120 $144,615
2016 $6,420 $439,000 $300,000 $139,000
2015 $3,912 $218,922 $99,221 $119,701
2014 $3,923 $214,635 $97,278 $117,357
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Adriana Ceballos

    Century 21 Synergia Realty

    Section Image
  • Yingli Thurston

    Buyer's Agent in 2023

    Yingli Thurston

    Frontier Realty

    (909) 282-0628

    3 in this area

    17 Total Sales

    Yingli Thurston
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG23031329

California Regional Multiple Listing Service (CRMLS)

APN: 5248-014-003

California Los Angeles County Los Angeles 90022

416 S Ferris Ave, Los Angeles, CA

This home is located at 416 S Ferris Ave, Los Angeles, CA 90022 since 23 February 2023 and is currently estimated at $938,539, approximately $409 per square foot. This property was built in 1950. 416 S Ferris Ave is a home located in Los Angeles County with nearby schools including Fourth Street Elementary School, Fourth Street Primary Center, and David Wark Griffith Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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