NOT LISTED FOR SALE

515 S Ferris Ave Los Angeles, CA 90022

Estimated Value: $832,000 - $1,052,647

6 Beds
3 Baths
2,536 Sq Ft
$380/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $410,000 $162 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,909/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Heating System Uses Natural Gas
  • James A. Garfield Senior High School Rated A
  • Granite Countertops

About This Home

As of October 2012

Terrific opportunity to own these fully remodeled units centrally located and close to 710 and 60 freeways. These 3 gorgeous detached units have been completely remodeled from the inside out. They offer a great curb appeal and an interior that won't disappoint you! Each unit consists of 2 bedrooms and 1 bathroom. Kitchens were tastefully upgraded with brand new custom cabinets and granite counters. Enjoy the fresh neutral colors throughout along with the new carpet and hardwood flooring throughout. New fixtures and vanities are only a few finishing touches. Don't miss out, these units have a lot to offer and are guaranteed to sell quickly!

Last Agent to Sell the Property

Erick Hernandez

Beacon Hillcrest License #01418133 Listed on: 09/02/2012

Beacon Hillcrest

Last Buyer's Agent

Erick Hernandez

Beacon Hillcrest License #01418133 Listed on: 09/02/2012

Beacon Hillcrest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,817

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 7,689

Home Design

  • 2,536 Sq Ft Home
  • Contemporary Architecture
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Granite Countertops
  • 7,689 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 15 / 13
  • Tax Tract Number 4074
  • Assessor Parcel Number 5248018030

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $5,125
  • Gross Income $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,817

Year Built

Built in 1936 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5248018030
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Flooring: Carpet, Tile, Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 161.67

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7689.00
  • Lot Size Acres: 0.1770

Multi Family

  • Average1 Bed Area: 1044
  • Average2 Bed Area: 952
  • Average3 Bed Area: 540
  • Gross Income: 3800.00
  • Gross Multiplier: 107.89
  • Gross Scheduled Income: 3800.00
  • Lot Size Area: 7689.0000 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
  • Vacancy Allowance Rate: 100.00

Tax Info

  • New Taxes Expense: 5125.00
  • Tax Area: 996
  • Tax Block: 13
  • Tax Lot: 15
  • Tax Tract Number: 4074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2020
Sold by
Velazquez Jose and Velazquez Robert
Bought by
Velazquez Luis and Velazquez Juana
Current Estimated Value
$964,912

Purchase Details

Closed on
Jan 9, 2020
Sold by
Velazquez Luis and Velazquez Juana
Bought by
Velazquez Luis and Velazquez Juana

Purchase Details

Listed on
Sep 2, 2012
Closed on
Sep 14, 2012
Sold by
Dit Llc
Bought by
Velazquez Luis and Velazquez Juana
Seller's Agent
Erick Hernandez
Beacon Hillcrest
Buyer's Agent
Erick Hernandez
Beacon Hillcrest
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$402,573
Outstanding Balance
$276,335
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$705,925

Purchase Details

Closed on
Jul 6, 2012
Sold by
Salazar Jo Ann
Bought by
Dit Llc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Salazar Jo Ann and The Jennie F Salazar Revocable
Bought by
Salazar Jo Ann

Purchase Details

Closed on
Aug 21, 2006
Sold by
Salazar Jennie F
Bought by
Salazar Jennie F and The Jennie F Salazar Revocable

Purchase Details

Closed on
Apr 15, 1999
Sold by
Salazar Jennie F
Bought by
Salazar Jennie F and Salazar Angel T
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
Velazquez Luis -- None Available
Velazquez Luis -- None Available
Velazquez Luis $410,000 Fidelity National Title
Dit Llc $255,000 Fidelity National Title
Salazar Jo Ann -- None Available
Salazar Jennie F -- None Available
Salazar Jennie F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Luis $402,573
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $410,000 0.0% $162 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
09/02/2012 09/02/12 For Sale $410,000 -- $162 / 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 $7,817 $504,870 $394,049 $110,821
2024 $7,817 $494,972 $386,323 $108,649
2023 $7,442 $485,268 $378,749 $106,519
2022 $7,129 $475,754 $371,323 $104,431
2021 $7,044 $466,427 $364,043 $102,384
2020 $7,089 $461,646 $360,311 $101,335
2019 $6,849 $452,596 $353,247 $99,349
2018 $6,643 $443,722 $346,321 $97,401
2016 $6,368 $426,494 $332,874 $93,620
2015 $6,276 $420,088 $327,874 $92,214
2014 $6,283 $411,860 $321,452 $90,408
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Erick Hernandez

    Beacon Hillcrest

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1204657

California Regional Multiple Listing Service (CRMLS)

APN: 5248-018-030

California Los Angeles County Los Angeles 90022

515 S Ferris Ave, Los Angeles, CA

This home is located at 515 S Ferris Ave, Los Angeles, CA 90022 since 02 September 2012 and is currently estimated at $964,912, approximately $380 per square foot. This property was built in 1936. 515 S Ferris Ave is a home located in Los Angeles County with nearby schools including Humphreys Avenue Elementary School, David Wark Griffith Middle School, and James A. Garfield Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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