NOT LISTED FOR SALE

4338 E 3rd St Los Angeles, CA 90022

Estimated Value: $674,000 - $751,000

3 Beds
2 Baths
852 Sq Ft
$843/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $630,000 $739 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,505/month

22 Days on Market

About This Home

As of June 2022

Here is a great opportunity to own two separate houses in East Los Angeles. The front house is 1 bedroom and 1 bath and the back house has 2 bedrooms and 1 bath with a gated yard. This property is centrally located near the 710, 60, 5 and 10 freeways. Each unit has its own separate electric & gas meter. Very low maintenance yard. Electric front gate with remote controls.

Last Agent to Sell the Property

Carmen Jimenez-Fraire

24 Hour Real Estate License #01891413 Listed on: 05/04/2022

Last Buyer's Agent

Joshua Espinoza

No Firm Affiliation License #02127721

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 3,667 Sq Ft Lot
  • No Common Walls

Home Design

  • 852 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Gravel Driveway
  • Automatic Gate

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 80 / 41
  • Tax Tract Number 4190
  • Assessor Parcel Number 5236019022
  • $1,005 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $120
  • Trash Expense $32
  • Water Sewer Expense $60
  • Operating Expense $200
  • Gross Income $1,200
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Automatic Gate
  • Water Sewer Expenses: 60.00
  • Zoning: LCR4*
  • Property Type: Residential Income
  • Parcel Number: 5236019022
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 739.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Gravel
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 32.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 3667.00
  • Lot Size Acres: 0.0842

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1200.00
  • Gross Scheduled Income: 1200.00
  • Insurance Expense: 120.00
  • Laundry Income: 50.00
  • Lot Size Area: 3667.0000 Square Feet
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Actual Rent: 1200.00
  • Total Expenses: 200.00

Tax Info

  • Tax Block: 41
  • Tax Census Tract: 5315.03
  • Tax Lot: 80
  • Tax Tract Number: 4190
  • TaxOtherAnnualAssessmentAmount: 1005.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
May 25, 2022
Sold by
Ascencio Aguirre Jose A
Bought by
Espinoza Joshua and Espinoza Carolyn Johnson
Seller's Agent
Carmen Jimenez-Fraire
24 Hour Real Estate
Buyer's Agent
Joshua Espinoza
No Firm Affiliation
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Current Estimated Value
$718,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,260
Avg. Annual Appreciation
3.81%
Original Mortgage
$613,679
Outstanding Balance
$583,242
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$135,018

Purchase Details

Listed on
Dec 23, 2017
Closed on
Jan 23, 2018
Sold by
Wholesale Investments Inc
Bought by
Aguirre Jose A Ascencio and Saldivar Lorena
Seller's Agent
Fernando Aguilar Jr.
Keller Williams Pacific Estates
Buyer's Agent
Carmen Jimenez-Fraire
24 Hour Real Estate
List Price
$439,900
Sold Price
$424,000
Premium/Discount to List
-$15,900
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$402,800
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2016
Sold by
Yee Rebecca and Uribe Lisa
Bought by
Wholesale Investments Inc

Purchase Details

Closed on
Dec 20, 1995
Sold by
Uribe Eusebio
Bought by
Yee Rebecca and Uribe Lisa
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
Espinoza Joshua $630,000 New Title Company Name
Aguirre Jose A Ascencio $424,000 Western Resources Title
Wholesale Investments Inc $270,000 Western Resources Title Co
Yee Rebecca -- Continental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Joshua $613,679
Previous Owner Aguirre Jose A Ascencio $402,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $630,000 +5.2% $739 / Sq Ft
05/26/2022 05/26/22 For Sale $599,000 -4.9% $703 / Sq Ft
05/22/2022 05/22/22 Off Market $630,000 -- --
05/04/2022 05/04/22 For Sale $599,000 +41.3% $703 / Sq Ft
03/02/2018 03/02/18 Sold $424,000 -3.6% $498 / Sq Ft View Prior Sale
02/02/2018 02/02/18 Pending -- -- --
12/23/2017 12/23/17 For Sale $439,900 -- $516 / 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 $8,905 $668,560 $424,483 $244,077
2024 $8,905 $655,452 $416,160 $239,292
2023 $8,583 $642,600 $408,000 $234,600
2022 $6,245 $454,612 $358,114 $96,498
2021 $6,178 $445,699 $351,093 $94,606
2020 $6,222 $441,129 $347,493 $93,636
2019 $5,995 $432,480 $340,680 $91,800
2018 $4,165 $275,400 $229,500 $45,900
2017 $4,087 $270,000 $225,000 $45,000
2016 $1,208 $26,042 $13,021 $13,021
2015 $1,196 $25,652 $12,826 $12,826
2014 $1,204 $25,150 $12,575 $12,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22092346

California Regional Multiple Listing Service (CRMLS)

APN: 5236-019-022