E
Seller's Agent in 2018
Estiven Orozco
CURB
5240 Ithaca Ave Los Angeles, CA 90032
El Sereno NeighborhoodEstimated Value: $1,107,000 - $1,393,000
8
Beds
4
Baths
2,784
Sq Ft
$471/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- View of Hills
- Traditional Architecture
- Abraham Lincoln High School Rated A
- Property is near public transit
- Accessible Parking
About This Home
As of July 2018Proudly maintained 4-plex, 2Bed 1 Bath each unit with 8 tandem parking spaces and great tenants in up and coming El Sereno. This Building is NOT under rent control because of it's construction date. Owner pays water, trash and sanitation services. Investment is ready for a novice or seasoned Investor to add this maintained cash flowing building to their portfolio. Area is set to continue appreciating as the new Los Angeles Bio Science Hub corridor is approved and facilities are under construction one street south.
Last Agent to Sell the Property
Estiven Orozco
CURB License #01519219 Listed on: 04/30/2018
Last Buyer's Agent
Estiven Orozco
CURB License #01519219 Listed on: 04/30/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,985
Year Built
- Built in 1981 | Newly Remodeled
Lot Details
- 5,039 Sq Ft Lot
- Two or More Common Walls
- Security Fence
- Wrought Iron Fence
- Brick Fence
- Rectangular Lot
- Front Yard
Property Views
- Hills
- Neighborhood
Home Design
- Traditional Architecture
- Quadruplex
- Turnkey
- Raised Foundation
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,784 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Gas Cooktop
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Private Parking
- Tandem Uncovered Parking
- Parking Lot
- Assigned Parking
Location
- Property is near public transit
- Urban Location
Utilities
- Wall Furnace
- Gas Water Heater
Additional Features
- Accessible Parking
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 277
- Tax Tract Number 6900
- Assessor Parcel Number 5217020029
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Insurance Expense $1,900
- Water Sewer Expense $3,400
- New Taxes Expense $11,988
- Operating Expense $18,888
- Gross Income $62,760
- Net Operating Income $42,617
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2018
Closed on
May 11, 2018
Sold by
A O M Investments Llc
Bought by
Binshtock Eyal and Binshtock Jenna
Seller's Agent
Estiven Orozco
CURB
Buyer's Agent
Estiven Orozco
CURB
List Price
$999,000
Sold Price
$955,000
Premium/Discount to List
-$44,000
-4.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,585
Avg. Annual Appreciation
4.79%
Original Mortgage
$697,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 6, 2014
Sold by
Martinez Adolfo O
Bought by
Aom Investments Llc
Purchase Details
Closed on
Mar 10, 2014
Sold by
A O M Investment Llc
Bought by
Martinez Adolfo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2013
Sold by
Martinez Adolfo O
Bought by
A O M Investments Llc
Purchase Details
Listed on
Feb 11, 2012
Closed on
Jun 7, 2012
Sold by
Garcia Evila Menendez
Bought by
Martinez Adolfo
Seller's Agent
Paul Kelly
Paul A. Kelly
List Price
$320,000
Purchase Details
Closed on
Aug 15, 2005
Sold by
Lee Ke Lin
Bought by
Garcia Evila Menendez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Binshtock Eyal | $955,000 | Fidelity National Title Comp | |
| Aom Investments Llc | -- | None Available | |
| Martinez Adolfo | -- | First American Title Company | |
| A O M Investments Llc | -- | None Available | |
| Martinez Adolfo | $285,000 | Lawyers Title | |
| Garcia Evila Menendez | $590,000 | Ticor Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Binshtock Eyal | $699,500 | |
| Previous Owner | Binshtock Eyal | $697,500 | |
| Previous Owner | Martinez Adolfo | $200,000 | |
| Previous Owner | Garcia Evila Menendez | $472,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2018 07/09/18 | Sold | $955,000 | 0.0% | $343 / Sq Ft |
| 07/03/2018 07/03/18 | Price Changed | $955,000 | -4.4% | $343 / Sq Ft |
| 05/07/2018 05/07/18 | Pending | -- | -- | -- |
| 04/30/2018 04/30/18 | For Sale | $999,000 | +212.2% | $359 / Sq Ft |
| 06/30/2012 06/30/12 | Sold | -- | -- | -- |
| 04/18/2012 04/18/12 | Pending | -- | -- | -- |
| 02/11/2012 02/11/12 | For Sale | $320,000 | -- | $115 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,985 | $1,065,316 | $691,620 | $373,696 |
| 2024 | $12,985 | $1,044,428 | $678,059 | $366,369 |
| 2023 | $12,736 | $1,023,950 | $664,764 | $359,186 |
| 2022 | $12,148 | $1,003,874 | $651,730 | $352,144 |
| 2021 | $11,993 | $984,191 | $638,951 | $345,240 |
| 2019 | $11,637 | $955,000 | $620,000 | $335,000 |
| 2018 | $4,044 | $308,440 | $216,451 | $91,989 |
| 2016 | $3,843 | $296,465 | $208,047 | $88,418 |
| 2015 | $3,791 | $292,012 | $204,922 | $87,090 |
| 2014 | $3,829 | $286,293 | $200,908 | $85,385 |
Source: Public Records
Agents Affiliated with this Home
-
-
Paul Kelly
Seller's Agent in 2012
Paul Kelly
Paul A. Kelly
(323) 494-3252
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18100435
APN: 5217-020-029
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