NOT LISTED FOR SALE

5163 S Manhattan Place Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated Value: $700,000 - $809,000

4 Beds
2 Baths
1,440 Sq Ft
$524/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $300,000 $208 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,498/month

31 Days on Market

Highlights

  • Spanish Architecture
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of July 2013

***STANDARD SALE***Not a short sale. This is outstanding residential income property in a central Los Angeles location that sits on a big lot. Rent one unit out and live in the other. Each unit has 2 bedrooms and 1 bath. New gorgeous laminate wood floors in the living rooms, new carpet in the bedrooms, new tile in the kitchens. New granite counters in the kitchens and new fixtures in the bathrooms. Newly painted everywhere of course. And check out the new landscaping and sprinkler systems. Great opportunity here. Step right up.

Last Agent to Sell the Property

Todd Lewis

Yukon Realty License #01472031 Listed on: 05/02/2013

Last Buyer's Agent

IVAN ANTHONY SOLIS

CENTRAL FINANCIAL AND REALTY License #01128055

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,943

Year Built

  • Built in 1922

Lot Details

  • 5,767 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • 1,440 Sq Ft Home
  • Spanish Architecture
  • Property Attached

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Urban Location
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5005027008

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $600
  • Insurance Expense $1,000
  • Trash Expense $400
  • Water Sewer Expense $500
  • New Taxes Expense $3,738
  • Operating Expense $6,838
  • Gross Income $2,500
  • Net Operating Income $23,162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,943

Year Built

Built in 1922

Lot Details

0

Listing Details

  • CapRate: 8.00
  • Property Attached: Yes
  • Water Sewer Expenses: 500.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5005027008
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile
  • Price Per Square Foot: 208.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Natural Gas
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5767.00
  • Lot Size Acres: 0.1320

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 600.00
  • Gross Income: 2500.00
  • Gross Multiplier: 9.63
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5767.0000 Square Feet
  • Net Operating Income: 23162.00
  • 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: 6838.00
  • Rent Control: Yes
  • Total Actual Rent: 2500.00
  • Total Expenses: 6838.00

Tax Info

  • New Taxes Expense: 3738.00
  • Tax Annual Amount: 5943.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Jul 23, 2013
Sold by
Reme Holdings Llc
Bought by
Pineda Ana G Joge and Garcia Lesbia M
Seller's Agent
Todd Lewis
Yukon Realty
Buyer's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$289,999
Sold Price
$300,000
Premium/Discount to List
$10,001
3.45%
Current Estimated Value
$755,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,252
Avg. Annual Appreciation
7.85%
Original Mortgage
$294,566
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 2, 2013
Closed on
Jul 15, 2013
Sold by
Garcia Cruz L Joge
Bought by
Garcia Lesbiam
Seller's Agent
Todd Lewis
Yukon Realty
Buyer's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$289,999
Sold Price
$300,000
Premium/Discount to List
$10,001
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2012
Sold by
Ocean Development Inc
Bought by
Reme Holdings Llc

Purchase Details

Closed on
Nov 5, 2012
Sold by
Estate Of Ardis Williams
Bought by
Ocean Development Inc

Purchase Details

Closed on
Aug 2, 2006
Sold by
Trustee Properties Llc
Bought by
Trustee Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,900
Interest Rate
6.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 2006
Sold by
Trustee Properties Llc
Bought by
Petrie Marc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,900
Interest Rate
6.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 29, 2006
Sold by
Williams Sammy Ray and Estate Of Willie Mae Williams
Bought by
Trustee Properties Llc and 5163 South Manhattan Place Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,900
Interest Rate
6.69%
Mortgage Type
Seller Take Back
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
Pineda Ana G Joge $300,000 Ticor Title Company
Garcia Lesbiam -- Ticor Title Company
Reme Holdings Llc $215,000 Stewart Title
Ocean Development Inc $135,000 Stewart Title Company
Trustee Properties Llc -- --
Petrie Marc A $425,000 Lawyers Title
Trustee Properties Llc -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineda Ana G Joge $288,258
Closed Pineda Ana G Joge $294,566
Previous Owner Reme Holdings Llc $150,000
Previous Owner Petrie Marc A $424,900
Previous Owner Trustee Properties Llc $126,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $300,000 +3.4% $208 / Sq Ft
06/15/2013 06/15/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $289,999 -- $201 / 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 $4,590 $367,746 $220,649 $147,097
2024 $4,590 $360,536 $216,323 $144,213
2023 $4,508 $353,468 $212,082 $141,386
2022 $4,306 $346,538 $207,924 $138,614
2021 $4,246 $339,745 $203,848 $135,897
2019 $4,123 $329,669 $197,802 $131,867
2018 $4,080 $323,206 $193,924 $129,282
2016 $3,895 $310,658 $186,395 $124,263
2015 $3,840 $305,993 $183,596 $122,397
2014 $3,867 $300,000 $180,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Todd Lewis

    Yukon Realty

    Section Image

  • I

    Buyer's Agent in 2013

    IVAN ANTHONY SOLIS

    CENTRAL FINANCIAL AND REALTY

    (323) 725-0411

    108 Total Sales

    IVAN ANTHONY SOLIS
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13091424

California Regional Multiple Listing Service (CRMLS)

APN: 5005-027-008

California Los Angeles County Los Angeles 90062 Vermont Square

5163 S Manhattan Place, Los Angeles, CA

This home is located at 5163 S Manhattan Place, Los Angeles, CA 90062 since 02 May 2013 and is currently estimated at $755,252, approximately $524 per square foot. This property was built in 1922. 5163 S Manhattan Place is a home located in Los Angeles County with nearby schools including Western Avenue Technology Magnet, Angeles Mesa Elementary School, and Barack Obama Global Preparation Academy.

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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