NOT LISTED FOR SALE

5109 Buchanan St Los Angeles, CA 90042

Estimated Value: $857,000 - $1,672,000

5 Beds
4 Baths
2,490 Sq Ft
$566/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $715,000 $287 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $8,290/month

21 Days on Market

Highlights

  • Modern Architecture
  • Den
  • Double Pane Windows
  • No HOA
  • Balcony
  • Laundry Room

About This Home

As of July 2014

5107 & 5109 Duplex with two units on property. Located in the heart of Highland Park, right next to the York strip. These units are both recently renovated. Move in ready! First unit features 3 bedroom and 2.5 baths. Totaling 1208 sq ft for living space. Granite counter tops, hardwood, new cabinets, new windows, and freshly painted inside and out. Third bedroom added without permit in former dining area and can easily be converted back if you choose. The second unit is a two story with 3 bedroom and 2.5 bathrooms totaling 1282 sq ft of living space, built in 1991. New hardwood floors, Berber carpeting, and a Jacuzzi in master suite. House is freshly painted and ready for you to call home. Garage has been converted into a entertainment room without permit. Listing agent is related to seller!
P.S. Front property is vacant go direct and rear property is occupied so call first before showing. Someone is usually home.

Last Agent to Sell the Property

Richard Trang

DYNASTY REAL ESTATE License #01227071 Listed on: 06/09/2014

DYNASTY REAL ESTATE

Last Buyer's Agent

Earnest Watts

Redfin Corporation License #01905466

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,450

Year Built

  • Built in 1921

Lot Details

  • 5,395 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Rectangular Lot

Parking

  • 4 Parking Spaces

Home Design

  • Modern Architecture
  • Additions or Alterations
  • Combination Foundation
  • Fire Rated Drywall
  • Clay Roof

Interior Spaces

  • 2,490 Sq Ft Home
  • Double Pane Windows
  • Panel Doors
  • Den
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Doors swing in
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 1833
  • Assessor Parcel Number 5478007018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $500
  • Trash Expense $500
  • Water Sewer Expense $500
  • New Taxes Expense $4,500
  • Gross Income $2,800
  • Net Operating Income $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,450

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 500.00
  • Architectural Style: Modern
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Parcel Number: 5478007018
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Doors - Swing In
  • Door Features: Panel Doors
  • Levels: One
  • Price Per Square Foot: 287.15
  • Room Type: Den
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Combination
  • Fencing: Block
  • Pool Private: No
  • Roof: Clay
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Garage
  • Trash Expense: 500.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5395.00
  • Lot Size Acres: 0.1240

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 2800.00
  • Gross Scheduled Income: 4000.00
  • Insurance Expense: 500.00
  • Lot Size Area: 5395.0000 Square Feet
  • Net Operating Income: 2800.00
  • 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: Yes

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Lot: 18
  • Tax Tract Number: 1833
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2017
Sold by
Sleight Warner Miles S and Sleight Warner Alexandra
Bought by
Sleight Warner Miles S and Sleight Warner Alexandra
Current Estimated Value
$1,410,356

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jul 29, 2014
Sold by
Trang Quan Buu and Ngo Nga Tu
Bought by
Warner Miles J
Seller's Agent
Richard Trang
DYNASTY REAL ESTATE
Buyer's Agent
Earnest Watts
Redfin Corporation
List Price
$729,999
Sold Price
$715,000
Premium/Discount to List
-$14,999
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$533,850
Outstanding Balance
$404,986
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,005,370

Purchase Details

Closed on
Mar 21, 2013
Sold by
Trang Quang Buu and Ngo Nga Tu
Bought by
Trang Quang Buu and Ngo Nga Tu

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
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2012
Sold by
Trang Quang Buu and Ngo Nga Tu
Bought by
Trang Quang Buu and Ngo Nga Tu
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
Sleight Warner Miles S -- None Available
Sleight Warner Miles S -- None Available
Warner Miles J $715,000 Fatcola
Trang Quang Buu -- None Available
Trang Quang Buu -- None Available
Trang Quang Buu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Miles J $533,850
Previous Owner Trang Quang Buu $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $715,000 -2.1% $287 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $729,999 -- $293 / 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 $10,450 $859,311 $600,920 $258,391
2024 $10,450 $842,463 $589,138 $253,325
2023 $10,249 $825,945 $577,587 $248,358
2022 $9,774 $809,751 $566,262 $243,489
2021 $9,647 $793,874 $555,159 $238,715
2020 $9,743 $785,735 $549,467 $236,268
2019 $9,359 $770,330 $538,694 $231,636
2018 $9,264 $755,227 $528,132 $227,095
2016 $8,842 $725,903 $507,625 $218,278
2015 $8,713 $715,000 $500,000 $215,000
2014 $4,852 $388,255 $201,294 $186,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14120764

California Regional Multiple Listing Service (CRMLS)

APN: 5478-007-018