NOT LISTED FOR SALE

Estimated Value: $922,160 - $999,000

6 Beds
3 Baths
2,398 Sq Ft
$403/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $959,000 $400 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,979/month

11 Days on Market

Highlights

  • Living Room with Fireplace
  • Slab Porch or Patio
  • Central Heating and Cooling System
  • Wood Flooring
  • Laundry Room
  • Auto Driveway Gate

About This Home

As of July 2022

Beautifully Renovated 3-Unit Building In The Heart Of L.A With Owners Unit Delivered VACANT. Each Unit Offers 2 Bedrooms And 1 Bath. Front Building Is An Attached Duplex And 3rd Rear Unit Is Detached. Recent Upgrades Include Electrical Panel Boxes, Roof, Central AC & Heat. 2 Units Feature Upgraded Flooring, Cabinets, Countertops, Lighting, Paint, Appliances And More! With In-Unit Laundry, On-Site Parking And Convenient Access To Public Transportation, This Triplex Is Appealing To Renters And Has Lots Of Upside Potential. 1 Unit Is A Well-Maintained Original Condition Unit. Live In 1 And Collect Rents Or Rent All 3 Units. Don't Miss Out On This Investment Opportunity!

Last Agent to Sell the Property

Tia Hughes

Coldwell Banker Realty License #01839465 Listed on: 06/02/2022

Coldwell Banker Realty

Last Buyer's Agent

laura uribe

License #01305465

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,090 Sq Ft Lot
  • Lot Dimensions are 45x135

Interior Spaces

  • 2,398 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Public Parking
  • Auto Driveway Gate
  • Shared Driveway
  • On-Street Parking

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5014-025-002

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Vacancy Allowance $2,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

6,090 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2398
  • Lot Acreage: 0.1398
  • Lot Dimensions: 45x135
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Laminate, Hardwood, Tile, Carpet
  • Appliances: Microwave, Oven, Electric, Gas
  • Bedrooms: 6
  • Laundry: In Unit, Laundry Area, Inside
  • Total Bathrooms: 3.00
  • Equipment: Freezer, Gas Dryer Hookup, Dryer, Dishwasher, Garbage Disposal, Washer, Refrigerator, Microwave
  • Price Per S Q F T: 395.75

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Concrete Slab

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Public, Driveway, On street, Shared Driveway, Driveway Gate, Uncovered
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Wall, Central
  • Water Expense: 1700.00

Fee Information

  • Insurance Expense: 1550.00
  • Maintenance Expense: 1000.00

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 278772
  • Assessed Land Percent: 60
  • Assessed Land Value: 418158
  • Total Assessed Value: 696930
  • Assessor Parcel Number: 5014-025-002
  • Lot Size Area: 6090

Rental Info

  • Total Actual Rent: 4900.00
  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.14
  • Number Of Units: 3
  • Type Of Units: MULTI-FAMILY
  • Vacancy Allow: 2940
  • Vacancy Allow Percent: 5.00

Tax Info

  • Tax Expense: 11862.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2016
Sold by
Rych Real Estate Investments Llc
Bought by
Starnes Tammy
Current Estimated Value
$966,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,981
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2016
Closed on
Mar 24, 2016
Sold by
Myles Henry P
Bought by
Rych Real Estate Investments Llc
Seller's Agent
Michelle Jenkins
Vista Realty
Buyer's Agent
Michelle Jenkins
Vista Realty
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$378,250
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2009
Sold by
Rowe Joseph
Bought by
Myles Henry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2009
Sold by
Rowe Joseph
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 4, 2004
Sold by
Xennon Diversified Inc
Bought by
Rowe Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Coney Jonathan
Bought by
Xennon Diversified Inc

Purchase Details

Closed on
Aug 29, 2003
Sold by
Payne Malcolm J
Bought by
Coney Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2002
Sold by
Payne Malcolm Jerome
Bought by
Payne Malcolm

Purchase Details

Closed on
Sep 21, 2001
Sold by
Payne Malcolm Jerome
Bought by
Payne Malcolm Jerome

Purchase Details

Closed on
Sep 11, 2000
Sold by
Norwest Bank Minnesota Na
Bought by
Payne Malcolm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.88%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Budd Carolyn
Bought by
Salomon Brothers Mtg Securities Vii Inc

Purchase Details

Closed on
Jan 6, 1999
Sold by
Budd Felicia R
Bought by
Budd Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
10.75%

Purchase Details

Closed on
Jan 4, 1999
Sold by
Budd Don
Bought by
Budd Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
10.75%

Purchase Details

Closed on
Sep 17, 1998
Sold by
Budd Don
Bought by
Burdge C Richard

Purchase Details

Closed on
Feb 9, 1998
Sold by
Budd Felicia R
Bought by
Budd Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.97%

Purchase Details

Closed on
Feb 3, 1998
Sold by
Trust Burdge C Richard Co Tr R And M Bur
Bought by
Budd Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.97%
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
Starnes Tammy $650,000 First American Title Company
Rych Real Estate Investments Llc $383,000 Lawyers Title
Myles Henry P $280,000 Ortc
Hsbc Bank Usa National Association $233,750 Servicelink
Rowe Joseph $425,000 Chicago Title Co
Xennon Diversified Inc -- --
Coney Jonathan $285,000 Fatcola
Payne Malcolm -- --
Payne Malcolm Jerome -- --
Payne Malcolm $188,000 Chicago Title Co
Salomon Brothers Mtg Securities Vii Inc $140,000 American Title
Budd Don -- --
Budd Carolyn $180,000 Universal Title Company
Budd Don -- Universal Title Company
Burdge C Richard -- --
Budd Don -- Fidelity National Title Ins
Budd Don $130,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starnes Tammy $657,981
Previous Owner Rych Real Estate Investments Llc $378,250
Previous Owner Myles Henry P $274,928
Previous Owner Rowe Joseph $340,000
Previous Owner Coney Jonathan $228,000
Previous Owner Payne Malcolm $178,500
Previous Owner Budd Carolyn $132,000
Previous Owner Budd Don $120,000
Closed Budd Don $40,000
Closed Budd Carolyn $34,417
Closed Coney Jonathan $57,000
Closed Rowe Joseph $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2022 07/22/22 Sold $959,000 +1.1% $400 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $949,000 +46.0% $396 / Sq Ft
12/30/2016 12/30/16 Sold $650,000 -7.1% $271 / Sq Ft View Prior Sale
09/12/2016 09/12/16 Pending -- -- --
09/04/2016 09/04/16 For Sale $700,000 +81.8% $292 / Sq Ft
04/08/2016 04/08/16 Sold $385,000 0.0% $161 / Sq Ft View Prior Sale
03/24/2016 03/24/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $385,000 -- $161 / Sq Ft
Source: The MLS

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 $12,198 $997,743 $780,300 $217,443
2024 $12,198 $978,180 $765,000 $213,180
2023 $11,969 $959,000 $750,000 $209,000
2022 $8,750 $710,868 $426,521 $284,347
2021 $8,634 $696,930 $418,158 $278,772
2020 $8,719 $689,785 $413,871 $275,914
2019 $8,382 $676,260 $405,756 $270,504
2018 $8,251 $663,000 $397,800 $265,200
2016 $3,924 $305,309 $196,271 $109,038
2015 $3,870 $300,724 $193,323 $107,401
2014 $3,903 $294,835 $189,537 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-162823

The MLS

APN: 5014-025-002

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