NOT LISTED FOR SALE

Estimated Value: $1,366,000 - $1,869,000

8 Beds
4 Baths
5,670 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $1,005,000 $177 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $9,667/month

127 Days on Market

About This Home

As of August 2018

Vintage Leimert Park spacious 2 bedroom 1 bath apartment in a 1920's spanish triplex. This ground floor unit has original charm throughout with updates such as refinished original hardwood flooring throughout, updated lighting, updated countertops, freshly painted throughout, new appliances and new window treatments. Centrally located close to Leimert Park village and the metro station. Laundry located in unit. This unit comes with dedicated parking in the rear of the building. Ready for immediate move-in. Building is professionally managed.

Last Agent to Sell the Property

Mike Pesci

Keller Williams Studio City License #01274379 Listed on: 03/07/2018

Keller Williams Studio City

Last Buyer's Agent

Sam Araghi

Compass License #01908976

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,987

Year Built

  • Built in 1929

Lot Details

  • 6,372 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 5,670 Sq Ft Home
  • 2-Story Property
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5023-014-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,987

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5670
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 211.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 71439
  • Assessed Land Value: 37995
  • Assessor Parcel Number: 5023-014-012
  • Geocode Override: No
  • Lot Size Area: 6372

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.53
  • Number Of Units: 3
  • Rent Control: 100.00%
  • Total Annual Expense: 25692
  • Type Of Units: 2-2+1, 1-4+2
  • Vacancy Rate: 0.00%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2016
Sold by
Dillard Andrew Alvarez
Bought by
Araghi Sam
Current Estimated Value
$1,539,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2006
Sold by
Dillard Tarquina
Bought by
Dillard Andrew Alvarez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 1999
Sold by
Dillard Andrew
Bought by
Dillard Tarquina

Purchase Details

Closed on
Dec 23, 1998
Sold by
Dillard Andrew
Bought by
Dillard Tarquina and Dillard Andrew

Purchase Details

Closed on
Dec 12, 1995
Sold by
Dillard Tarquina
Bought by
Dillard Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,950
Interest Rate
7.36%
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
Araghi Sam $1,005,000 Provident Title Company
Dillard Andrew Alvarez -- None Available
Dillard Tarquina -- --
Dillard Tarquina -- --
Dillard Andrew -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araghi Sam $150,000
Open Araghi Sam $785,900
Previous Owner Araghi Sam $800,000
Previous Owner Dillard Andrew Alvarez $650,000
Previous Owner Dillard Tarquina $418,500
Previous Owner Dillard Andrew $34,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 For Rent $2,950 0.0% --
08/20/2018 08/20/18 Sold $1,005,000 -16.3% $177 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $1,200,000 -- $212 / 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 $13,987 $1,121,092 $780,861 $340,231
2024 $13,987 $1,099,110 $765,550 $333,560
2023 $13,729 $1,077,560 $750,540 $327,020
2022 $13,113 $1,056,432 $735,824 $320,608
2021 $12,926 $1,035,719 $721,397 $314,322
2019 $12,549 $1,005,000 $700,000 $305,000
2018 $1,952 $111,621 $38,754 $72,867
2016 $1,811 $107,289 $37,250 $70,039
2015 $1,708 $105,678 $36,691 $68,987
2014 $1,735 $103,609 $35,973 $67,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-320688

The MLS

APN: 5023-014-012