NOT LISTED FOR SALE

5147 Meridian St Los Angeles, CA 90042

Estimated Value: $1,273,788 - $1,607,000

6 Beds
3 Baths
1,952 Sq Ft
$755/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $631,000 $323 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $8,552/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • 1 Car Garage
  • Living Room
  • Stone Flooring
  • Wall Furnace

About This Home

As of September 2013

Beautiful newly remodeled Northeast LA triplex ready for move-in today! Whether you are an investor or a homeowner looking to lease out the additional two units, this property is the perfect opportunity! Located in the trendy, up-and-coming neighborhood of Eagle Rock, all three units of this wonderful property boast gorgeous new hardwood laminate flooring throughout the living rooms! Each unit also features its own newly remodeled chef’s kitchen complete with new tile flooring, new cabinets, and stunning new granite counters! All three bathrooms have been completely remodeled as well and feature elegant new vanities, new tile floors, and beautiful new shower/bathtubs! Brand new carpet in the all of the bedrooms; freshly painted interior/exterior; laundry hook-ups inside; located in a scenic, quiet neighborhood within minutes of all the action offered in Pasadena, Glendale, and Downtown LA.

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 08/02/2013

Last Buyer's Agent

Laura Epstein

ACME Real Estate License #01911503

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,553

Year Built

  • Built in 1913

Lot Details

  • 5,236 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Front Yard Sprinklers

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,952 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 4
  • Assessor Parcel Number 5479028004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,500
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,553

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5479028004
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Stone
  • Levels: Two
  • Price Per Square Foot: 323.26
  • Room Type: Living Room

Exterior Features

  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 5236.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 5236.0000 Square Feet
  • Net Operating Income: 54000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 4
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2016
Sold by
Ekedahl Craig and Haller Jamie
Bought by
Ekedahl Craig M and Haller Jamie L
Current Estimated Value
$1,474,447

Purchase Details

Closed on
May 21, 2015
Sold by
Ekedahl Craig and Haller Jamie
Bought by
Ekedahl Craig and Haller Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Outstanding Balance
$397,311
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,077,136

Purchase Details

Listed on
Aug 2, 2013
Closed on
Aug 28, 2013
Sold by
Wedgewood Reo I Llc
Bought by
Ekedahl Craig and Haller Jamie
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Laura Epstein
ACME Real Estate
List Price
$529,900
Sold Price
$631,000
Premium/Discount to List
$101,100
19.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$473,250
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2013
Sold by
Martingale Investments Llc
Bought by
Wedgewood Reo I Llc

Purchase Details

Closed on
Feb 1, 2013
Sold by
Gonzales Angeles Orteza and Rivera Felipe Alberto
Bought by
Martingale Investments Llc

Purchase Details

Closed on
May 14, 2007
Sold by
Hernandez Nelson M
Bought by
Gonzales Angeles Ortega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2006
Sold by
Villalvazo Luis and Villalvazo Cynthia
Bought by
Gonzales Angeles Ortega and Rivera Felipe Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,200
Interest Rate
9%
Mortgage Type
Balloon

Purchase Details

Closed on
May 25, 2004
Sold by
Quan Chung Chow
Bought by
Villalvazo Luis and Villalvazo Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,200
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Quan Chung Chow and Jerry Quan Family Trust
Bought by
Quan Chung Chow

Purchase Details

Closed on
May 16, 2003
Sold by
Quan Jerry
Bought by
Jerry Quan Family Trust
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
Ekedahl Craig M -- None Available
Ekedahl Craig M -- None Available
Ekedahl Craig -- First American Title Company
Ekedahl Craig $631,000 Fidelity National Title Co
Wedgewood Reo I Llc -- Accommodation
Martingale Investments Llc $404,000 Fidelity National Title Co
Gonzales Angeles Ortega -- Ortc
Rivera Felipe Alberto -- Ortc
Gonzales Angeles Ortega $634,000 Investors Title Company
Rivera Felipe Alberto -- Investors Title Company
Gonzales Angeles Ortega -- Investors Title Company
Villalvazo Luis $356,000 Southland Title
Quan Chung Chow -- Southland Title
Quan Chung Chow -- --
Jerry Quan Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ekedahl Craig $518,000
Closed Ekedahl Craig $473,250
Previous Owner Rivera Felipe Alberto $576,000
Previous Owner Gonzales Angeles Ortega $507,200
Previous Owner Villalvazo Luis $338,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2013 09/06/13 Sold $631,000 +19.1% $323 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $529,900 -- $271 / 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 $9,553 $773,507 $528,341 $245,166
2024 $9,443 $758,341 $517,982 $240,359
2023 $9,262 $743,473 $507,826 $235,647
2022 $8,834 $728,896 $497,869 $231,027
2021 $8,722 $714,605 $488,107 $226,498
2020 $8,809 $707,279 $483,103 $224,176
2019 $8,463 $693,412 $473,631 $219,781
2018 $8,369 $679,817 $464,345 $215,472
2016 $7,993 $653,421 $446,315 $207,106
2015 $7,877 $643,607 $439,611 $203,996
2014 -- $631,000 $431,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13153549

California Regional Multiple Listing Service (CRMLS)

APN: 5479-028-004