NOT LISTED FOR SALE

Estimated Value: $1,544,000 - $1,813,191

12 Beds
8 Baths
4,536 Sq Ft
$376/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $975,000 $215 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $10,208/month

65 Days on Market

About This Home

As of January 2015

NEWLY BUILT IN 2003 (MAY NOT BE SUBJECT TO RENT CONTROL - BUYER TO VERIFY WITH CITY OF LA). EACH APARTMENT IS A TWO STORY TOWNHOUSE STYLE UNITS. HARDWOOD FLOORING THROUGHOUT. GRANITE COUNTERS IN KITCHENS. OFF STREET TENANT PARKING AVAILABLE IN BOTH IN FRONT & IN BACK OF BUILDING. ON SITE LAUNDRY ROOM FOR TENANT CONVENIENCE. EXTERIOR OF BUILDING JUST PAINTED IN NOVEMBER 2014. ALL UNITS OCCUPIED WITH GOOD TENANTS, 2UNITS AT MARKET VALUE RENTS & THE OTHER 2 JUST UNDER...A RARE FIND FOR CITY OF LA RENTAL PROPERTY. GREAT MID - CITY NEIGHBORHOOD WITH LOTS OF REDEVELOPMENT & NEW BUSINESSES COMING TO AREA - PERFECT PROPERTY FOR BUY & HOLD INVESTORS.

Last Agent to Sell the Property

MARIA KING

BRENDA SUSAN RADLEY License #01891539 Listed on: 10/02/2014

Last Buyer's Agent

Bana Haffar Mendoza

Adaptive Realty, Inc. License #01924472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,469

Year Built

  • Built in 2003

Lot Details

  • 6,793

Home Design

  • 4,536 Sq Ft Home
  • Quadruplex

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 12 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,793 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5067-012-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,469

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4536
  • Year Built: 2003
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Bedrooms: 12
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 216.05

Exterior Features

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

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 12

Utilities

  • Heating: Wall Gas
  • Water Expense: 250.00

Fee Information

  • Insurance Expense: 150.00
  • Trash Expense: 150.00

Lot Info

  • Assessed Improvement Value: 374571
  • Assessed Land Value: 235225
  • Assessor Parcel Number: 5067-012-026
  • Geocode Override: No
  • Lot Size Area: 6793

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.70
  • Number Of Units: 4
  • Rent Control: 0
  • Type Of Units: Quadraplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Mascot Street Llc
Bought by
Colen Jonathan and Colen Rachelle
Current Estimated Value
$1,704,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$588,104
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,116,444

Purchase Details

Closed on
Apr 28, 2020
Sold by
Cohen Jonathan and Cohen Rachelle
Bought by
Mascot Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$588,104
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,116,444

Purchase Details

Closed on
Apr 6, 2015
Sold by
Cohen Jonathan
Bought by
Mascot Street Llc

Purchase Details

Listed on
Oct 2, 2014
Closed on
Jan 28, 2015
Sold by
Massage City Coupons Llc
Bought by
Cohen Rachelle and Cohen Jonathan
Seller's Agent
MARIA KING
BRENDA SUSAN RADLEY
Buyer's Agent
Bana Haffar Mendoza
Adaptive Realty, Inc.
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$727,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2014
Closed on
Jan 23, 2015
Sold by
Miller Gilbert
Bought by
City Coupons Llc
Seller's Agent
MARIA KING
BRENDA SUSAN RADLEY
Buyer's Agent
Bana Haffar Mendoza
Adaptive Realty, Inc.
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2014
Closed on
Jan 20, 2015
Sold by
Cohen Jonathan
Bought by
Cohen Jonathan and Cohen Rachelle
Seller's Agent
MARIA KING
BRENDA SUSAN RADLEY
Buyer's Agent
Bana Haffar Mendoza
Adaptive Realty, Inc.
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2010
Sold by
Miller June A
Bought by
Miller Gilbert

Purchase Details

Closed on
Sep 26, 2003
Sold by
Miller Gilbert
Bought by
Miller June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Triwaad Corp
Bought by
Miller Gilbert

Purchase Details

Closed on
Oct 5, 1999
Sold by
Begley Family Trust and Schoen Marc L
Bought by
Triwaad Corp
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
Colen Jonathan -- Chicago Title Company
Mascot Street Llc -- Accommodation
Mascot Street Llc -- None Available
Cohen Rachelle $975,000 Corinthian Title
City Coupons Llc -- Corinthian Title Company
Cohen Jonathan -- Accommodation
Miller Gilbert -- None Available
Miller June -- Investors Title
Miller Gilbert -- --
Triwaad Corp $54,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colen Jonathan $660,000
Previous Owner Cohen Rachelle $727,500
Previous Owner Miller June $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $975,000 -11.4% $215 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $1,100,000 0.0% $243 / Sq Ft
11/01/2012 11/01/12 Rented $1,700 0.0% --
10/23/2012 10/23/12 Under Contract -- -- --
10/04/2012 10/04/12 For Rent $1,700 -- --
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 $14,469 $1,171,794 $820,858 $350,936
2024 $14,469 $1,148,818 $804,763 $344,055
2023 $14,199 $1,126,293 $788,984 $337,309
2022 $13,556 $1,104,210 $773,514 $330,696
2021 $13,371 $1,082,560 $758,348 $324,212
2020 $13,502 $1,071,461 $750,573 $320,888
2019 $12,979 $1,050,453 $735,856 $314,597
2018 $12,805 $1,029,857 $721,428 $308,429
2016 $12,217 $989,868 $693,415 $296,453
2015 $7,867 $624,801 $241,013 $383,788
2014 $7,917 $612,563 $236,292 $376,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-799025

The MLS

APN: 5067-012-026