NOT LISTED FOR SALE

515 E 21st St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $769,000 - $850,000

5 Beds
3 Baths
2,154 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $705,000 $327 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,926/month

103 Days on Market

Highlights

  • Laundry Room
  • Heating System Uses Natural Gas
  • 5-minute walk to Trinity Park Legends Court

About This Home

As of October 2022

PRICE REDUCTION. This triplex is an investors or handyman's diamond in the rough. It can be restored to its original charm of yesteryear.
It features three separate units. Front property has 3 bedrooms and 1 1/4 bathrooms. The other two units are 1 bedroom and 1 bathroom each. Just minutes to Downtown L.A., Staples Center/L.A LIVE, USC AND COLISEUM, Easy access to the 10 and 110 fwys.

Last Agent to Sell the Property

Angelica Rodriguez

ReMax Sky Listed on: 04/27/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,355 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 2,154 Sq Ft Home
  • Dining Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 44
  • Tax Tract Number 226
  • Assessor Parcel Number 5127017004
  • $412 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,500
  • Fuel Expense $600
  • Insurance Expense $3,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $9,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5127017004
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Dining Room
  • Levels: One
  • Price Per Square Foot: 327.30

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6355.00
  • Lot Size Acres: 0.1459

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2500.00
  • Fuel Expense: 600.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6355.0000 Square Feet
  • 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
  • Total Expenses: 9700.00

Tax Info

  • Tax Census Tract: 2260.01
  • Tax Lot: 44
  • Tax Tract Number: 226...
  • TaxOtherAnnualAssessmentAmount: 412.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Sep 12, 2022
Sold by
Corona Carmen N
Bought by
Lahiji Alen and Lahiji Elham
Seller's Agent
Angelica Rodriguez
ReMax Sky
List Price
$850,000
Sold Price
$705,000
Premium/Discount to List
-$145,000
-17.06%
Views
7
Current Estimated Value
$798,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,483
Avg. Annual Appreciation
3.96%
Original Mortgage
$528,750
Outstanding Balance
$507,640
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$290,843

Purchase Details

Closed on
Feb 2, 2016
Sold by
Tapia Lydia P
Bought by
Corona Carmen N and The Lydia P Tapia Irrevocable

Purchase Details

Closed on
Mar 2, 2006
Sold by
Tapia Lydia P and The Lydia P Tapia Revocable Tr
Bought by
Tapia Lydia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1997
Sold by
Tapia Lydia P
Bought by
Tapia Lydia P and The Lydia P Tapia Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.98%

Purchase Details

Closed on
Mar 31, 1997
Sold by
Tapia Lydia P
Bought by
Tapia Lydia P and The Lydia P Tapia Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.98%

Purchase Details

Closed on
Aug 17, 1996
Sold by
Tapia Lydia P
Bought by
Tapia Lydia P and Lydia P Tapia Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lahiji Alen $705,000 Wfg Title Company
Corona Carmen N -- None Available
Tapia Lydia P -- Chicago Title Co
Tapia Lydia P -- Southland Title Corporation
Tapia Lydia P -- Southland Title Corporation
Tapia Lydia P -- Southland Title Corporation
Tapia Lydia P -- Southland Title Corporation
Tapia Lydia P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lahiji Alen $528,750
Previous Owner Tapia Lydia P $75,000
Previous Owner Tapia Lydia P $40,000
Previous Owner Tapia Lydia P $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $705,000 -6.0% $327 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
06/28/2022 06/28/22 Price Changed $750,000 -11.8% $348 / Sq Ft
04/27/2022 04/27/22 For Sale $850,000 -- $395 / 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 $9,062 $733,482 $525,402 $208,080
2024 $9,062 $719,100 $515,100 $204,000
2023 $8,890 $705,000 $505,000 $200,000
2022 $3,006 $228,203 $60,625 $167,578
2021 $2,959 $223,730 $59,437 $164,293
2020 $2,981 $221,437 $58,828 $162,609
2019 $2,875 $217,096 $57,675 $159,421
2018 $2,779 $212,841 $56,545 $156,296
2016 $2,636 $204,578 $54,350 $150,228
2015 $2,599 $201,506 $53,534 $147,972
2014 $2,626 $197,560 $52,486 $145,074
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Angelica Rodriguez

    RE/MAX

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22086889

California Regional Multiple Listing Service (CRMLS)

APN: 5127-017-004

California Los Angeles County Los Angeles 90011 Historic South Central

515 E 21st St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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