NOT LISTED FOR SALE

434 E 43rd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $712,000 - $1,013,000

7 Beds
4 Baths
2,980 Sq Ft
$278/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $572,500 $192 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,083/month

75 Days on Market

About This Home

As of January 2018

Perfect opportunity for home buyer or investor looking to make a solid investment. Close proximity to downtown and major entertainment venues and strong rental market. All units show well and have long term tenants with upside on rental income.

Last Agent to Sell the Property

tony yepez

ReMax College Park Realty License #01290066 Listed on: 10/12/2017

ReMax College Park Realty

Last Buyer's Agent

tony yepez

ReMax College Park Realty License #01290066 Listed on: 10/12/2017

ReMax College Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,410

Year Built

  • Built in 1911

Lot Details

  • 5,121 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,980 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5113012014

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $45,396
  • Net Operating Income $28,896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,410

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5113012014
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 192.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5121.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Operating Income: 45396.00
  • Gross Scheduled Income: 46800.00
  • Net Operating Income: 28896.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 16500.00
  • Rent Control: Yes
  • Vacancy Allowance: 1404
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 2285.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Wang Shen and Liu Dan
Bought by
Wang Shen and Liu Dan
Current Estimated Value
$829,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,500
Outstanding Balance
$358,630
Interest Rate
2.8%
Estimated Equity
$476,243

Purchase Details

Listed on
Oct 12, 2017
Closed on
Jan 10, 2018
Sold by
Wang Weiguo
Bought by
Huo Rong
Seller's Agent
tony yepez
ReMax College Park Realty
Buyer's Agent
tony yepez
ReMax College Park Realty
List Price
$588,000
Sold Price
$572,500
Premium/Discount to List
-$15,500
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$429,375
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2017
Closed on
Dec 14, 2017
Sold by
Kiwi 1 Llc
Bought by
Wang Shen and Liu Dan
Seller's Agent
tony yepez
ReMax College Park Realty
Buyer's Agent
tony yepez
ReMax College Park Realty
List Price
$588,000
Sold Price
$572,500
Premium/Discount to List
-$15,500
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,375
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Us Bank National Association
Bought by
Kiwi #1 Llc

Purchase Details

Closed on
Oct 12, 2010
Sold by
Rubio Ana L
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 10, 2006
Sold by
Mecinas Maclovio
Bought by
Rubio Ana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 11, 2004
Sold by
Mecinas Francisca
Bought by
Mecinas Maclovio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2004
Sold by
Tepox Ignacio and Tepox Consuelo
Bought by
Mecinas Maclovio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Wang Shen -- None Available
Huo Rong -- None Available
Wang Shen $572,500 None Available
Kiwi #1 Llc $168,000 First American Title Company
Us Bank National Association $185,000 Accommodation
Rubio Ana L $530,000 Southland Title
Mecinas Maclovio -- Ticor Title Company
Mecinas Maclovio $330,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Shen $398,500
Closed Wang Shen $398,500
Closed Wang Shen $429,375
Previous Owner Kiwi #1 Llc $785,500
Previous Owner Kiwi #1 Llc $150,000
Previous Owner Alvardo Ana L $116,000
Previous Owner Rubio Ana L $106,000
Previous Owner Rubio Ana L $424,000
Previous Owner Mecinas Maclovio $332,000
Previous Owner Mecinas Maclovio $264,000
Previous Owner Tepox Ignacio $147,000
Closed Mecinas Maclovio $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $572,500 -2.6% $192 / Sq Ft
12/26/2017 12/26/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $588,000 -- $197 / 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 $8,410 $678,313 $366,419 $311,894
2024 $8,410 $665,014 $359,235 $305,779
2023 $8,251 $651,976 $352,192 $299,784
2022 $7,875 $639,193 $345,287 $293,906
2021 $7,479 $601,799 $262,794 $339,005
2020 $7,550 $595,629 $260,100 $335,529
2019 $7,260 $583,950 $255,000 $328,950
2018 $3,722 $287,011 $187,662 $99,349
2016 $3,542 $275,868 $180,376 $95,492
2015 $3,493 $271,725 $177,667 $94,058
2014 $3,523 $266,403 $174,187 $92,216
Source: Public Records

Agents Affiliated with this Home

  • tony yepez

    Seller's Agent in 2018

    tony yepez

    RE/MAX

    (562) 712-9631

    30 Total Sales

    tony yepez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17234405

California Regional Multiple Listing Service (CRMLS)

APN: 5113-012-014

California Los Angeles County Los Angeles 90011 Historic South Central

434 E 43rd St, Los Angeles, CA

This home is located at 434 E 43rd St, Los Angeles, CA 90011 since 12 October 2017 and is currently estimated at $829,930, approximately $278 per square foot. This property was built in 1911. 434 E 43rd St is a home located in Los Angeles County with nearby schools including Harmony Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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