NOT LISTED FOR SALE

Estimated Value: $1,148,000 - $1,293,466

4 Beds
2 Baths
1,770 Sq Ft
$695/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $688,000 $389 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,247/month

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • Corner Lot
  • Open Floorplan
  • Wood Flooring
  • High Ceiling

About This Home

As of July 2016

This updated property will be available May 1st in the vibrant West Adams neighborhood. Culver City adjacent, immediate access to the 10, and walking distance to coffee shops (Tartine, Adams Coffee Shop, Vee's Cafe), bars/restaurants (Mizlala, Alta West Adams, Vicky's, Mian, Delicious Pizza, Normandie Cafe), Expo Line (La Brea and La Cienega), & Whole Foods. Easy access to DTLA and westside alike.

-2bd/1ba home with private entry; small private outdoor space in rear.
-2 tandem parking spots onsite (there's a single garage for the unit + driveway parking) in addition to street parking.
-Air Conditioning & Washer/Dryer in unit.
-Updated flooring & windows throughout.
-Updated kitchen with stainless steel appliances.
-Walking distance to Expo-La Brea metro stop & short drive to Expo-La Cienega metro stop.

All applicants are required to pay for a $47 application fee which includes background and credit check. Open House date on Saturday, 4/5 (10am-12pm), and Sunday, 4/6 (2pm-4pm).

Last Agent to Sell the Property

Valerie Howey

Century 21 Masters License #01866254 Listed on: 06/13/2016

Co-Listed By

Ryan Howey

No Firm Affiliation License #01923404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,719

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 4,810 Sq Ft Lot
  • No Common Walls
  • Security Fence
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Rectangular Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Unassigned Parking

Home Design

  • Turnkey
  • Fire Rated Drywall
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,770 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Window Bars

Kitchen

  • Gas Range
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Mirrored Closets Doors
  • 2 Bathrooms

Utilities

  • No Heating
  • Vented Exhaust Fan
  • Central Water Heater

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 1446
  • Assessor Parcel Number 5043013001

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $50
  • Insurance Expense $80
  • Trash Expense $35
  • Water Sewer Expense $35
  • New Taxes Expense $50
  • Gross Income $4,000
  • Net Operating Income $41,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,719

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Window Bars
  • Water Sewer Expenses: 35.00
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5043013001
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Price Per Square Foot: 388.70
  • Room Type: All Bedrooms Down, Family Room, Living Room
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Other Structures: Two On A Lot
  • Fencing: Block, Security, Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Private, Garage - Single Door, Garage Faces Side, Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: No
  • Appliances: Gas Range, Microwave, Vented Exhaust Fan, Water Heater Central
  • Trash Expense: 35.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, 0-1 Unit/Acre, Front Yard, Garden, Lawn, Rectangular Lot, Corner Lot, Sprinkler System, Near Public Transit, Yard
  • Lot Size Sq Ft: 4810.00
  • Price Per Lot Square Foot: 142.41

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 80.00
  • Net Operating Income: 41250.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 280.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 50.00
  • Tax Lot: 30
  • Tax Tract Number: 1446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 26, 2016
Sold by
Zapopan Investments Inc
Bought by
Lam Derrick and Apostol Jennifer
Seller's Agent
Valerie Howey
Century 21 Masters
List Price
$685,000
Sold Price
$688,000
Premium/Discount to List
$3,000
0.44%
Current Estimated Value
$1,229,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,867
Avg. Annual Appreciation
6.47%
Original Mortgage
$619,200
Outstanding Balance
$495,004
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$734,863

Purchase Details

Listed on
Jul 20, 2015
Closed on
Jul 21, 2015
Sold by
Eagle Vista Equities Llc
Bought by
Zapopan Investments Inc
Seller's Agent
Mercedes Solano
KELLER WILLIAMS REALTY
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.60%

Purchase Details

Closed on
May 1, 2015
Sold by
Alvarez Dennis J and Beltran Carmen
Bought by
Eagle Vista Equities Llc

Purchase Details

Closed on
Apr 22, 2015
Sold by
Alvarez Dennis J
Bought by
Acevedo Arzeta Tomasa and Alvarez Dennis J

Purchase Details

Listed on
Aug 17, 2011
Closed on
Apr 16, 2012
Sold by
Perez Reinalda
Bought by
Alvarez Dennis J and Beltran Carmen
Seller's Agent
Jesus Guerra
Century 21 Realty Masters
Buyer's Agent
Martha Lima
Keller Williams Pacific Estates Cerritos
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$292,395
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2005
Sold by
Perez Donaldo
Bought by
Perez Reinalda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 1999
Sold by
Mora Ismael Perez and Mora Ismael
Bought by
Perez Donaldo and Perez Reinalda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,265
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1999
Sold by
Mora Maria
Bought by
Mora Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,265
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1999
Sold by
Pmi Mtg Insurance Co
Bought by
Mora Ismael Perez and Mora Maira

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
7.56%

Purchase Details

Closed on
May 12, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Pmi Mtg Insurance Co

Purchase Details

Closed on
Jan 7, 1999
Sold by
Rogers Sharon A
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
May 24, 1998
Sold by
Hawkins Versia
Bought by
Hood Jesse

Purchase Details

Closed on
Dec 20, 1996
Sold by
Rogers Sharon Ann
Bought by
Hawkins Versia L

Purchase Details

Closed on
Oct 17, 1996
Sold by
Ruth R Brooks Trust and Mary L
Bought by
Rogers Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.85%

Purchase Details

Closed on
Sep 13, 1994
Sold by
Brooks Ruth Rebecca
Bought by
The Ruth R Brooks Living Trust
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
Lam Derrick $688,000 Usa National Title Co Inc
Zapopan Investments Inc $500,000 None Available
Eagle Vista Equities Llc $415,100 None Available
Acevedo Arzeta Tomasa -- None Available
Alvarez Dennis J $300,000 Fidelity National Title Co
Perez Reinalda -- North American Title Co
Perez Donaldo $200,000 Fidelity National Title Co
Mora Ismael -- Fidelity National Title Co
Mora Ismael Perez $130,000 Fidelity National Title Co
Pmi Mtg Insurance Co -- Fidelity National Title
Washington Mutual Bank Fa $95,725 Stewart Title
Hood Jesse -- --
Hawkins Versia L -- --
Rogers Sharon A $140,000 Commonwealth Land Title Co
The Ruth R Brooks Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Derrick $619,200
Previous Owner Alvarez Dennis J $292,395
Previous Owner Perez Reinalda $357,500
Previous Owner Perez Donaldo $198,265
Previous Owner Mora Ismael Perez $132,000
Previous Owner Rogers Sharon A $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2025 04/24/25 Off Market $3,100 -- --
03/29/2025 03/29/25 Price Changed $3,100 -4.6% $4 / Sq Ft
03/08/2025 03/08/25 For Rent $3,250 0.0% --
07/27/2016 07/27/16 Sold $688,000 +0.4% $389 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $685,000 +37.0% $387 / Sq Ft
07/28/2015 07/28/15 Sold $500,000 -9.1% $282 / Sq Ft View Prior Sale
07/15/2015 07/15/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $550,000 +83.3% $311 / Sq Ft
06/01/2012 06/01/12 Sold $300,000 0.0% $169 / Sq Ft View Prior Sale
05/10/2012 05/10/12 Pending -- -- --
08/17/2011 08/17/11 For Sale $300,000 -- $169 / 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 $9,719 $798,477 $557,078 $241,399
2024 $9,719 $782,821 $546,155 $236,666
2023 $9,537 $767,473 $535,447 $232,026
2022 $9,100 $752,426 $524,949 $227,477
2021 $8,983 $737,673 $514,656 $223,017
2020 $9,074 $730,110 $509,379 $220,731
2019 $8,717 $715,795 $499,392 $216,403
2018 $8,631 $701,760 $489,600 $212,160
2016 $6,170 $500,000 $300,000 $200,000
2015 $3,948 $313,530 $209,020 $104,510
2014 $3,974 $307,389 $204,926 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16127415

California Regional Multiple Listing Service (CRMLS)

APN: 5043-013-001