NOT LISTED FOR SALE

Estimated Value: $599,792 - $797,000

5 Beds
3 Baths
1,264 Sq Ft
$577/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $280,000 $222 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,239/month

27 Days on Market

About This Home

As of June 2013

Bread and butter triplex in Los Angeles. Instant Cash Flow. Recently rehabbed. Section 8 tenants, means rent at the first of the month. Unit 435 has a Den. One unit can be delivered vacant. There is garage in the back accessible through alley. Buyer to satisfy themselves with the actual number of bedrooms in the unit. Sold AS IS.DO NOT DISTURB OCCUPANTS AGENTS!!! DRIVE-BY ONLY. Shown only with accepted offer. Do not disturb tenants. Write offer subject to interior inspections. Agent please see private notes for offer submission instructions.

Last Agent to Sell the Property

Ron Escobar

eXp Realty of California Inc License #01460645 Listed on: 04/02/2013

eXp Realty of California Inc

Last Buyer's Agent

JESUS LOPEZ

License #011224626

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1927

Lot Details

  • 5,199

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking

Additional Features

  • 5,199 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6030-029-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,452

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1264
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 236.95

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street
  • Total Parking: 2

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 141400
  • Assessed Land Value: 70100
  • Assessor Parcel Number: 6030-029-009
  • Geocode Override: No
  • Lot Size Area: 5199

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.00
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 300
  • Type Of Units: residential
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2013
Closed on
Apr 29, 2013
Sold by
Parhill Investments Llc
Bought by
Arredondo Christian and Arredondo Raquel
Seller's Agent
Ron Escobar
eXp Realty of California Inc
Buyer's Agent
JESUS LOPEZ
List Price
$299,500
Sold Price
$280,000
Premium/Discount to List
-$19,500
-6.51%
Current Estimated Value
$729,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,698
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Mar 26, 2011
Sold by
Rni Properties Inc
Bought by
Parbill Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
4.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2010
Sold by
Fv-1
Bought by
Rni Properties Inc

Purchase Details

Closed on
May 3, 2010
Sold by
Portillo Jose O
Bought by
Fv-1 Inc and Morgan Stanley Mortgage Capital Holdings

Purchase Details

Closed on
Apr 7, 2005
Sold by
Williams Rosie Brooks and Hailey Willie Mae
Bought by
Portillo Jose O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
Williams Rosie Brooks
Bought by
Williams Rosie Brooks and Hailey Willie Mae

Purchase Details

Closed on
Mar 21, 2003
Sold by
Jackson Carrie W
Bought by
Jackson Carrie W and Williams Rosie Brooks

Purchase Details

Closed on
Aug 19, 1999
Sold by
Frank Joiner Revocable Living Trust
Bought by
Jackson Carrie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.45%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Joiner Frank
Bought by
Jackson Carrie Williams and The Frank Joiner Revocable Liv

Purchase Details

Closed on
Aug 17, 1994
Sold by
Joiner Frank and Jackson Carrie W
Bought by
Joiner Frank and Jackson Carrie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.87%
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
Arredondo Christian $280,000 Ticor Title Tustin Orange Co
Parbill Investments Llc $180,001 Chicago Title Company
Rni Properties Inc $149,000 Fidelity National Title
Fv-1 Inc $144,500 Accommodation
Portillo Jose O $388,000 Alliance Title Company
Williams Rosie Brooks -- --
Jackson Carrie W -- --
Jackson Carrie W -- Chicago Title Co
Jackson Carrie Williams -- --
Joiner Frank -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parbill Investments Llc $137,200
Previous Owner Portillo Jose O $310,400
Previous Owner Jackson Carrie W $165,000
Previous Owner Joiner Frank $55,000
Closed Portillo Jose O $58,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2013 06/25/13 Sold $280,000 -6.5% $222 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $299,500 -- $237 / 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 $4,452 $344,789 $221,651 $123,138
2024 $4,452 $338,029 $217,305 $120,724
2023 $4,371 $331,402 $213,045 $118,357
2022 $4,177 $324,905 $208,868 $116,037
2021 $4,118 $318,535 $204,773 $113,762
2020 $4,155 $315,270 $202,674 $112,596
2019 $4,001 $309,089 $198,700 $110,389
2018 $3,908 $303,029 $194,804 $108,225
2016 $3,721 $291,264 $187,241 $104,023
2015 $3,670 $286,890 $184,429 $102,461
2014 $3,700 $281,271 $180,817 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-661741

The MLS

APN: 6030-029-009