NOT LISTED FOR SALE

427 Parkman Ave Los Angeles, CA 90026

Estimated Value: $1,145,745 - $1,302,000

5 Beds
3 Baths
2,790 Sq Ft
$442/Sq Ft Est. Value

Last Sold September 02, 2015

Last sale price $684,000 $245 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,284/month

62 Days on Market

About This Home

As of September 2015

This charming triplex is located in the heart of one of the hippest neighborhoods in Los Angeles, Silver Lake. Here is an opportunity to purchase a smaller and desirable apt building on the trendy Eastside. This property consists of three separate stucco bungalow apartments, parking and garages. There are two two-bedroom/one-bathroom bungalows in front, a center drive way that leads to a four-car garage in the back with a one-bedroom/one-bathroom apartment above. The tenants pay for their electricity, trash, and gas, while the owner pays for water and sewage. One vacancy at the property, the 2-bed for listed at pro forma of $2400/month. Great for new investor or owner-occupied. Contact us for more information. We've specialized in the area since 2005.

Last Agent to Sell the Property

David Levine Bramante

LOOM REALTY License #01511588 Listed on: 05/01/2015

LOOM REALTY

Last Buyer's Agent

David Bramante

Keller Williams Beverly Hills License #01511588

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,029

Year Built

  • Built in 1937

Lot Details

  • 6,649

Interior Spaces

  • 2,790 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,649 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5401-025-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,029

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Showing with accepted offer. Do not disturb tenants. Email david@breinvestment.com for more info.
  • Living Area: 2790
  • Stories: 2
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 250.54

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 98144
  • Assessed Land Value: 241937
  • Assessor Parcel Number: 5401-025-027
  • Geocode Override: No
  • Lot Size Area: 6649

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 3
  • Rent Control: 100%
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2015
Sold by
Cababa Kerry and Miyano Colleen
Bought by
The Eckwortzel Trust
Current Estimated Value
$1,231,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2015
Sold by
Gonzalez Celina
Bought by
Kunitomi Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2014
Sold by
Embrey Bruce Takeshi and The Sue K Embrey Revocable Tru
Bought by
Embrey Bruce Takeshi

Purchase Details

Closed on
Aug 4, 2010
Sold by
Kunitomi Kinya
Bought by
Cababa Kerry and Miyano Colleen

Purchase Details

Closed on
Jun 30, 2010
Sold by
Kunitomi Kinya
Bought by
Cababa Kerry and Miyano Colleen

Purchase Details

Closed on
Jun 30, 2008
Sold by
Embrey Bruce T and Sue K Embrey Revocable Trust
Bought by
Embrey Bruce T

Purchase Details

Closed on
Oct 1, 2004
Sold by
Washburn Nancy Iwata
Bought by
Kunitomi Kinya and Embrey Sue K

Purchase Details

Closed on
Sep 1, 2004
Sold by
Iwata Thomas
Bought by
Kunitomi Kinya and Embrey Sue K

Purchase Details

Closed on
Aug 28, 2004
Sold by
Iwata Edward
Bought by
Kunitomi Kinya and Embrey Sue K

Purchase Details

Closed on
Jul 8, 1996
Sold by
Kunitomi Hide
Bought by
Kunitomi Kinya and Embrey Sue K
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
The Eckwortzel Trust $684,000 Fidelity National Title
Kunitomi Mark -- Fidelity National Title
Murakawa Phyllis -- Fidelity National Title
Iwata Nancy -- Fidelity National Title
Miyano Colleen -- Fidelity National Title
Cababa Kerry -- Fidelity National Title
Embrey Bruce Takeshi -- None Available
Cababa Kerry -- None Available
Cababa Kerry -- None Available
Embrey Bruce T -- None Available
Kunitomi Kinya -- --
Kunitomi Kinya -- --
Kunitomi Kinya -- --
Kunitomi Kinya -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Eckwortzel Trust $450,000
Previous Owner Cababa Kerry $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2015 09/02/15 Sold $684,000 -2.1% $245 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $699,000 -- $251 / 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 $10,029 $809,711 $591,896 $217,815
2024 $10,029 $793,836 $580,291 $213,545
2023 $9,840 $778,271 $568,913 $209,358
2022 $9,392 $763,011 $557,758 $205,253
2021 $9,269 $748,051 $546,822 $201,229
2020 $9,359 $740,382 $541,216 $199,166
2019 $8,997 $725,865 $530,604 $195,261
2018 $8,888 $711,633 $520,200 $191,433
2016 $8,483 $684,000 $500,000 $184,000
2015 $4,466 $346,874 $246,770 $100,104
2014 $4,499 $340,081 $241,937 $98,144
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Levine Bramante

    LOOM REALTY

    Section Image

  • D

    Buyer's Agent in 2015

    David Bramante

    Keller Williams Beverly Hills

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Map

Source: The MLS

MLS Number: 15-901675

The MLS

APN: 5401-025-027

California Los Angeles County Los Angeles 90026

427 Parkman Ave, Los Angeles, CA

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