$525,000
SOLD SEP 17, 2021
4 Beds
3 Baths
2,008 Sq Ft
5,450 Sq Ft Lot

Recently Sold

$261 Per Sq Ft

13 Days on Market

About This Home

As of September 2021

TWO TRIPLEX'S NEXT TO EACH OTHER. LISTED PRICE IS FOR JUST THIS PROPERTY. OTHER TRIPLEX ADDRESS IS 437 W. 54TH STREET. BOTH PROPERTIES RECENTLY COMPLETED SOME RENOVATIONS.

Last Agent to Sell the Property

Robert Compean

Urban Street Ventures, Inc License #01001161 Listed on: 08/12/2021

Last Buyer's Agent

Daniel Calimquim

Momentum Realty Group License #01266938

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,941

Year Built

  • Built in 1923

Lot Details

  • 5,450 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • 2,008 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Open Parking Space
  • 3 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Additional Features

  • Laundry Room
  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 36 / D
  • Tax Tract Number 2
  • Assessor Parcel Number 5001035017
  • $369 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $35,136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,941

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Price Per Unit: 175000
  • Property Attached: No
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5001035017
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 261.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5450.00
  • Lot Size Acres: 0.1251

Multi Family

  • Gross Income: 35136.00
  • Gross Scheduled Income: 35136.00
  • Lot Size Area: 5450.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 2928.00

Tax Info

  • Tax Block: D
  • Tax Census Tract: 2327.00
  • Tax Lot: 36
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 16, 2021
Sold by
Martinez Willfredy
Bought by
Chavez Nancy Nayeli Garci
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Daniel Calimquim
Momentum Realty Group
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$635,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,166
Avg. Annual Appreciation
5.07%
Original Mortgage
$393,750
Outstanding Balance
$359,327
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$276,482

Purchase Details

Listed on
Aug 12, 2021
Closed on
Aug 24, 2021
Sold by
Marigold Holdings Llc
Bought by
Chavez Nancy Nayell Garci
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Daniel Calimquim
Momentum Realty Group
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$359,327
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$276,482

Purchase Details

Closed on
Dec 13, 2017
Sold by
Marovic Marija
Bought by
Marigold Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,530,500
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2017
Sold by
Larkins Sauchsee and The Melvin C Larkins Living Tr
Bought by
Marovic Marija

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 3, 2012
Sold by
Mellarsoc Real Estate & Scholarship Foun
Bought by
Larkins Mevlin C and Melvin C Larkins Living Trust

Purchase Details

Closed on
Jan 16, 2008
Sold by
Larkins Melvin C
Bought by
Mellarsoc Real Estate & Scholarship Foun

Purchase Details

Closed on
Feb 24, 2006
Sold by
Most Worshipful Saint Anthony Grand Lodg
Bought by
Larkins Melvin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,800
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 8, 2004
Sold by
Most Worshipful Saint Anthony Grand Lodg
Bought by
Larkins Melvin C

Purchase Details

Closed on
Jul 11, 2004
Sold by
Larkins Melvin C
Bought by
Most Worshipful Saint Anthony Grand Lodg

Purchase Details

Closed on
Jun 10, 2003
Sold by
Thompson Curtis and Thompson Vinetta
Bought by
Most Worshipful Saint Anthony Grand Lodg

Purchase Details

Closed on
Dec 5, 2002
Sold by
Thompson Curtis and Thompson Vinetta
Bought by
Thompson Curtis and Thompson Vinetta
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Chicago Title
Grant Deed $525,000 Chicago Title
Grant Deed -- Chicago Title Company
Grant Deed $290,000 Orange Coast Title Company
Interfamily Deed Transfer -- Orange Coast Title Co Socal
Deed -- None Available
Grant Deed -- Fidelity Natl Title Ins Co
Grant Deed -- None Available
Grant Deed -- Commerce Title Glendale
Grant Deed -- --
Quit Claim Deed -- --
Grant Deed $147,500 Commerce Title
Interfamily Deed Transfer -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $393,750 New Conventional
Closed $393,750 No Value Available
Previous Owner $2,530,500 Purchase Money Mortgage
Previous Owner $310,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $346,800 Fannie Mae Freddie Mac
Previous Owner $272,000 Purchase Money Mortgage
Previous Owner $119,200 Purchase Money Mortgage
Previous Owner $250,000 No Value Available
Closed $22,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $525,000 0.0% $261 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $525,000 0.0% $261 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $525,000 -- $261 / 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 $6,941 $557,134 $397,953 $159,181
2024 $6,941 $546,210 $390,150 $156,060
2023 $6,814 $535,500 $382,500 $153,000
2022 $6,509 $525,000 $375,000 $150,000
2021 $5,382 $426,356 $341,106 $85,250
2020 $5,434 $421,985 $337,609 $84,376
2019 $5,228 $413,712 $330,990 $82,722
2018 $5,184 $409,632 $327,726 $81,906
2017 $3,513 $270,560 $196,290 $74,270
2016 $3,416 $265,256 $192,442 $72,814
2015 $3,369 $261,273 $189,552 $71,721
2014 $3,401 $256,156 $185,839 $70,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21178254

California Regional Multiple Listing Service (CRMLS)

APN: 5001-035-017