NOT LISTED FOR SALE

Estimated Value: $748,000 - $895,000

4 Beds
4 Baths
2,240 Sq Ft
$373/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $760,000 $339 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,200/month

34 Days on Market

Highlights

  • Spanish Architecture
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of April 2022

THIS TRIPLEX IS LOCATED IN A VERY DESIRABLE AREA OF LOS ANGELES, WITH A TOTAL OF 5 BEDROOMS IN A LIVING AREA IS 2,240 sf, LOT SIZE 7,125 TWO BUILDINGS. PROPERTY LOCATED ON RENT CONTROL AREA.

Last Agent to Sell the Property

Silvia Morote

Mega Real Estate License #01213839 Listed on: 02/04/2022

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,125 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Spanish Architecture
  • Property Attached

Interior Spaces

  • 2,240 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 13 / 12
  • Tax Tract Number 228420
  • Assessor Parcel Number 5113032016
  • $487 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $135
  • Water Sewer Expense $341
  • Operating Expense $476
  • Gross Income $2,700
  • Net Operating Income $2,255

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 341.00
  • Zoning: LAR2
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5113032016
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 339.29
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7125.00
  • Lot Size Acres: 0.1636

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 2700.00
  • Insurance Expense: 135.00
  • Lot Size Area: 7125.0000 Square Feet
  • Net Operating Income: 2255.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 445.00
  • Rent Control: Yes
  • Total Expenses: 476.00

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 2284.20
  • Tax Lot: 13
  • Tax Tract Number: 228420
  • TaxOtherAnnualAssessmentAmount: 487.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Apr 11, 2022
Sold by
Avila Nelson and Avila Aida
Bought by
Zepeda Angelica
Seller's Agent
Silvia Morote
Mega Real Estate
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$760,000
Sold Price
$760,000
Current Estimated Value
$835,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,301
Avg. Annual Appreciation
2.57%
Original Mortgage
$570,000
Outstanding Balance
$532,569
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$302,732

Purchase Details

Closed on
Mar 7, 2003
Sold by
Avila Nelson and Avila Aida
Bought by
Avila Nelson and Avila Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2001
Sold by
Avila Sorto Luz M
Bought by
Avila Jose Luis

Purchase Details

Closed on
May 17, 2001
Sold by
Association For Fair Housing
Bought by
Avila Nelson and Avila Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,193
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2000
Sold by
Hud
Bought by
Association For Fair Housing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
8.11%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 5, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Oct 29, 1999
Sold by
Garcia Francisco J and Herrera Sonia E
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Nov 25, 1997
Sold by
Hicks Alma D and Alma Delores Hicks Living Trus
Bought by
Garcia Francisco J and Herrera Sonia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,575
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 1995
Sold by
Hicks Alma D
Bought by
Hicks Alma D and Alma Delores Hicks Living Trus

Purchase Details

Closed on
Feb 4, 1994
Sold by
Hicks Roosevelt
Bought by
Hicks Alma D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zepeda Angelica $760,000 Usa National Title
Avila Nelson -- United Title Company
Avila Jose Luis -- First American Title Co
Avila Nelson $240,000 First American Title Co
Association For Fair Housing $165,000 United Title Company
Hud $179,879 Fidelity National Title Ins
Homeside Lending Inc $179,879 Fidelity National Title Ins
Garcia Francisco J $164,000 --
Hicks Alma D -- --
Hicks Alma D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zepeda Angelica $570,000
Previous Owner Avila Nelson $270,000
Previous Owner Avila Nelson $236,193
Previous Owner Association For Fair Housing $146,500
Previous Owner Garcia Francisco J $160,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $760,000 0.0% $339 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $760,000 0.0% $339 / Sq Ft
02/08/2022 02/08/22 Off Market $760,000 -- --
02/08/2022 02/08/22 For Sale $760,000 0.0% $339 / Sq Ft
02/07/2022 02/07/22 Off Market $760,000 -- --
02/04/2022 02/04/22 For Sale $760,000 -- $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 $10,000 $806,517 $573,052 $233,465
2024 $10,000 $790,704 $561,816 $228,888
2023 $9,812 $775,200 $550,800 $224,400
2022 $4,429 $336,454 $168,227 $168,227
2021 $4,367 $329,858 $164,929 $164,929
2019 $4,246 $320,076 $160,038 $160,038
2018 $4,118 $313,800 $156,900 $156,900
2016 $3,923 $301,616 $150,808 $150,808
2015 $3,869 $297,086 $148,543 $148,543
2014 $3,908 $291,268 $145,634 $145,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22022614

California Regional Multiple Listing Service (CRMLS)

APN: 5113-032-016