NOT LISTED FOR SALE

Estimated Value: $1,133,000 - $1,809,000

8 Beds
4 Baths
5,317 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $830,000 $156 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $9,475/month

1 Day on Market

About This Home

As of June 2014

Architectural Gem - Possible Steinkamp design!! Attention all Investors or Owner Users...Leimert Park Rare opportunity....******COMPLETE REHAB ALL UNITS****** Fourplex with all 2 bedroom - 1 bath units..$81,000 PROJECTED annual income! Each unit features: washer/dryer hook ups, balconies, water heaters, garaged parking, nearly 1400 square feet per unit, hardwood floors and lots of Spanish character! Building has been repiped with PEX Tubing, Updated Electrical Boxes, Modern Kitchens, Resurfaced and Stained Hardwood Floors, New Fixtures, Wall Sconces, Roof has been updated, Landscape, Fresh Paint inside and out, individual electric and gas meters. Perfect for owner user or Investor.***AGENTS/INVESTORS PLEASE DO NOT WALK ON PROPERTY FOR YOUR OWN SAFETY - CONTRACTORS MAYBE STILL HAVE WORK IN PROGRESS

Last Agent to Sell the Property

Kory Jackson

eXp Realty of California Inc License #01315324 Listed on: 03/10/2014

eXp Realty of California Inc

Last Buyer's Agent

Kory Jackson

eXp Realty of California Inc License #01315324 Listed on: 03/10/2014

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,775

Year Built

  • Built in 1928

Lot Details

  • 6,600

Parking

  • 4 Car Attached Garage

Home Design

  • 5,317 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Gas Dryer Hookup
  • 6,600 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5023-015-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,775

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5317
  • Year Built: 1928
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 156.10

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Electric Expense: 100.00
  • Heating: Wall
  • Water Expense: 200.00

Fee Information

  • Insurance Expense: 2800.00
  • Maintenance Expense: 200.00

Lot Info

  • Assessed Improvement Value: 67672
  • Assessed Land Value: 39399
  • Assessor Parcel Number: 5023-015-027
  • Geocode Override: No
  • Lot Size Area: 6600

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.24
  • Gross Scheduled Income: 81000.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 4050
  • Type Of Units: Quadraplex
  • Vacancy Rate: 75

Tax Info

  • Tax Expense: 10209.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2014
Sold by
Davidi Isaac
Bought by
Patel Denise C Sangadeo and Denise C Sangadeo Patel Trust
Current Estimated Value
$1,535,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2013
Sold by
Mary Ellen Jones Revocable Living Trust
Bought by
Davidi Isaac
Source: Public Records

Range of Values:

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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
Patel Denise C Sangadeo $830,000 Fidelity National Title Co
Davidi Isaac $440,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Denise C Sangadeo $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $830,000 0.0% $156 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $830,000 +88.6% $156 / Sq Ft
04/09/2013 04/09/13 Sold $440,000 +10.3% $83 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $399,000 -- $75 / 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 $12,775 $1,017,456 $610,475 $406,981
2024 $12,775 $997,506 $598,505 $399,001
2023 $12,541 $977,948 $586,770 $391,178
2022 $11,981 $958,773 $575,265 $383,508
2021 $11,810 $939,975 $563,986 $375,989
2019 $11,469 $912,097 $547,259 $364,838
2018 $11,321 $894,214 $536,529 $357,685
2016 $10,790 $859,493 $515,696 $343,797
2015 $10,638 $846,583 $507,950 $338,633
2014 $5,941 $440,000 $374,000 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-743303

The MLS

APN: 5023-015-027