NOT LISTED FOR SALE

528 S Avenue 19 Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $1,195,000 - $1,787,000

14 Beds
5 Baths
3,696 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $1,200,000 $325 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,298/month

10 Days on Market

About This Home

As of April 2020

Huge income opportunity in Lincoln Heights, one of the oldest and hottest LA neighborhoods. Shows legally as three units total. Owner in last 18 months: Painted inside/outside, New Windows, Rewired entire front house w/3 New Electric Meters, Fully Renovated Kitchen, Installed New Flooring, Total Reno of Unit A 1 bed/1 bath Floors/Kitchen/Bath/Electric/Plumbing/Fixtures, brought building up to City Code. Owner Re-branded & Repopulated Entire Building to Market Value. The LA Times described Lincoln Heights as “just a mile and a half from downtown and has its own walkable commercial district on Broadway. The views from its hillsides at night rival much wealthier perches in the Hollywood Hills or Mount Washington.”

Last Agent to Sell the Property

steven mueller

Broadmoor Realty, Inc. License #01831506 Listed on: 02/15/2020

Last Buyer's Agent

Eric Petz

Equity Union License #01893338

Equity Union

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,884

Year Built

  • Built in 1897

Lot Details

  • 3,292 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Home Design

  • 3,696 Sq Ft Home

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 5 Bathrooms

Additional Features

  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 2 / 9
  • Tax Tract Number 1997
  • Assessor Parcel Number 5410018003

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,840
  • Fuel Expense $1,495
  • Insurance Expense $2,560
  • Trash Expense $1,200
  • Water Sewer Expense $2,850
  • New Taxes Expense $15,000
  • Operating Expense $26,945
  • Gross Income $114,300
  • Net Operating Income $114,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,884

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Other Phone Description: 310-847-9435
  • Property Attached: No
  • Water Sewer Expenses: 2850.00
  • Zoning: LAUI(CA)
  • Property Type: Residential Income
  • Parcel Number: 5410018003
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 324.68

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 3292.00
  • Lot Size Acres: 0.0756

Multi Family

  • Electric Expense: 3840.00
  • Fuel Expense: 1495.00
  • Gross Income: 114300.00
  • Gross Scheduled Income: 131400.00
  • Insurance Expense: 2560.00
  • Lot Size Area: 3292.0000 Square Feet
  • Net Operating Income: 114300.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 17100.00
  • Rent Control: Yes
  • Total Expenses: 26945.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: 9
  • Tax Census Tract: 1997.00
  • Tax Lot: 2
  • Tax Tract Number: 1997

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2020
Closed on
Mar 16, 2020
Sold by
German Irina
Bought by
Maker William Simmons and Maker Rebecca Anne
Seller's Agent
steven mueller
Broadmoor Realty, Inc.
Buyer's Agent
Eric Petz
Equity Union
List Price
$1,249,900
Sold Price
$1,200,000
Premium/Discount to List
-$49,900
-3.99%
Current Estimated Value
$1,496,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,607
Avg. Annual Appreciation
4.18%
Original Mortgage
$395,000
Outstanding Balance
$351,971
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,144,636

Purchase Details

Listed on
Jun 20, 2017
Closed on
Aug 8, 2017
Sold by
Villarreal David R
Bought by
German Irina
Seller's Agent
Norman Kawaguchi
Berkshire Hathaway Home Servic
List Price
$649,000
Sold Price
$630,500
Premium/Discount to List
-$18,500
-2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.37%
Original Mortgage
$472,800
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2017
Closed on
Aug 7, 2017
Sold by
Wade John Collin
Bought by
German Irina
Seller's Agent
Norman Kawaguchi
Berkshire Hathaway Home Servic
List Price
$649,000
Sold Price
$630,500
Premium/Discount to List
-$18,500
-2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,800
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2016
Sold by
Villarreal David Raul
Bought by
Villarea David Raul and Villareal Sylvia Ann

Purchase Details

Closed on
Jun 7, 1996
Sold by
Villarreal Arthur G
Bought by
Villarreal Arthur G and Art Villarreal Family 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
Maker William Simmons $1,200,000 Old Republic Title Company
German Irina $630,500 Stewart Title
German Irina -- Stewart Title
Villarea David Raul -- None Available
Villarreal Arthur G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maker William Simmons $395,000
Previous Owner German Irina $472,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $1,200,000 -4.0% $325 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $1,249,900 +98.2% $338 / Sq Ft
08/31/2017 08/31/17 Sold $630,500 -2.9% $171 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $649,000 -- $176 / 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 $15,884 $1,312,372 $656,186 $656,186
2024 $15,884 $1,286,640 $643,320 $643,320
2023 $15,578 $1,261,412 $630,706 $630,706
2022 $14,854 $1,236,680 $618,340 $618,340
2021 $14,660 $1,212,432 $606,216 $606,216
2020 $8,279 $656,432 $468,180 $188,252
2019 $7,959 $643,570 $459,000 $184,570
2018 $7,890 $630,960 $450,000 $180,960
2016 $724 $36,395 $15,096 $21,299
2015 $718 $35,850 $14,870 $20,980
2014 $740 $35,149 $14,579 $20,570
Source: Public Records

Agents Affiliated with this Home

  • s

    Seller's Agent in 2020

    steven mueller

    Broadmoor Realty, Inc.

    Section Image

  • E

    Buyer's Agent in 2020

    Eric Petz

    Equity Union

    (360) 521-4385

    14 Total Sales

    Eric Petz
    Section Image
  • Norman Kawaguchi

    Seller's Agent in 2017

    Norman Kawaguchi

    Berkshire Hathaway Home Servic

    (626) 685-1199

    32 Total Sales

    Norman Kawaguchi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20034109

California Regional Multiple Listing Service (CRMLS)

APN: 5410-018-003

California Los Angeles County Los Angeles 90031 Lincoln Heights

528 S Avenue 19, Los Angeles, CA

This home is located at 528 S Avenue 19, Los Angeles, CA 90031 since 15 February 2020 and is currently estimated at $1,496,607, approximately $404 per square foot. This property was built in 1897. 528 S Avenue 19 is a home located in Los Angeles County with nearby schools including Albion Street Elementary School, Florence Nightingale Middle, and Abraham Lincoln 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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