$1,100,000
SOLD DEC 11, 2020
4 Beds
3 Baths
2,817 Sq Ft
7,297 Sq Ft Lot

Recently Sold

$390 Per Sq Ft

14 Days on Market

Highlights

  • Private Dock
  • Open Floorplan
  • Wood Flooring
  • City View
  • Fireplace in Bathroom
  • Corner Lot

About This Home

As of December 2020

Calling All INVESTORS! Come check out this beautiful triplex in the heart of Los Angeles. (1) 2/1, (2) 1/1's. This property is an investors dream. The property will be delivered AS IS & VACANT at the close of escrow.

Last Agent to Sell the Property

Michael Gross

Compass License #01510354 Listed on: 08/06/2020

Compass

Last Buyer's Agent

Byron Williams

License #01251102

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,720

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 7,297 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Front and Side Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Value in Land
  • Property is zoned LCR3YY

Parking

  • 3 Car Garage
  • Automatic Gate

Home Design

  • Additions or Alterations
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 2,817 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Ceiling Fan
  • Decorative Fireplace
  • Electric Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Wood Flooring
  • City Views

Kitchen

  • Gas Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer

Home Security

  • Security Lights
  • Alarm System

Outdoor Features

  • Private Dock
  • Balcony
  • Open Patio
  • Rear Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street
  • Satellite Dish
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5007-005-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,720

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Building Permit: Yes
  • Disability Access: Handicap Access
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 2817
  • Lot Acreage: 0.1675
  • Probate: No
  • Property Condition: Additions/Alter, Updated/Remodeled
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floor Plan, Pre-wired for high speed Data
  • Number Dishwasher: 1
  • Number Disposal: 1
  • Number Drapes: 3
  • Number Range: 3
  • Number Refrigerator: 3
  • Fireplace Rooms: Den, Dining, Family Room, Bath, Decorative, Electric, Living Room
  • Flooring: Hardwood
  • Appliances: Oven-Gas, Microwave
  • Bedrooms: 4
  • Bedroom Features: Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Stall
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Stone Counters, Granite Counters, Remodeled
  • Laundry: In Kitchen
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Ice Maker, Microwave
  • Inclusions: 3 washers, 3 dryers, 2 Refrigerators, and Outside Alarm system.
  • Price Per S Q F T: 390.49

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Dock Private
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Number Patio: 3
  • Patio: Porch - Rear
  • Pool: No
  • Roof: Asbestos Shingle
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Garage Structures: 1
  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV, Tv Satellite Dish
  • Water Heater: Tankless
  • Cooling: Ceiling Fan, Air Conditioning, Central
  • Heating: Natural Gas
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Sewer: In Street
  • Water: District

Lot Info

  • Sprinklers: Side, Front
  • Assessed Improvement Percent: 58.62
  • Assessed Improvement Value: 57433
  • Assessed Land Percent: 41.38
  • Assessed Land Value: 40534
  • Total Assessed Value: 97967
  • Assessor Parcel Number: 5007-005-018
  • Lot Description: Lawn, Landscaped, Front Yard, Curbs, Exterior Security Lights, Sidewalks, Street Lighting, Street Paved, Value In Land, Walk Street, Yard, Fenced Yard, Back Yard, Automatic Gate
  • Lot Location: Corner Lot
  • Lot Size Area: 7297

Rental Info

  • Number Leased: 0

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 99%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Davis Michael Reynard
Bought by
Spalding Ethan and Young Letisha
Current Estimated Value
$1,123,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2015
Sold by
Davis Bette R
Bought by
Davis Bette Ruie and The Bette R Davis Living Trust

Purchase Details

Closed on
Jul 10, 1995
Sold by
Davis Samuel R and Davis Samual R
Bought by
Davis Samuel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.74%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,100,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $825,000 New Conventional
Previous Owner $61,571 Unknown
Previous Owner $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2023 09/17/23 Rented $2,800 0.0% --
09/05/2023 09/05/23 Off Market $2,800 -- --
09/01/2023 09/01/23 For Rent $2,800 +7.7% --
06/12/2021 06/12/21 Rented $2,600 -1.9% --
06/09/2021 06/09/21 Under Contract -- -- --
05/08/2021 05/08/21 For Rent $2,650 0.0% --
12/11/2020 12/11/20 Sold $1,100,000 0.0% $390 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $1,100,000 -- $390 / Sq Ft
Source: The MLS

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 $15,720 $1,190,673 $757,701 $432,972
2024 $15,720 $1,167,328 $742,845 $424,483
2023 $15,202 $1,144,440 $728,280 $416,160
2022 $14,495 $1,122,000 $714,000 $408,000
2021 $14,428 $1,100,000 $700,000 $400,000
2020 $2,805 $103,960 $43,013 $60,947
2019 $2,746 $101,922 $42,170 $59,752
2018 $2,641 $99,925 $41,344 $58,581
2016 $2,612 $96,047 $39,740 $56,307
2015 $2,584 $94,606 $39,144 $55,462
2014 $2,598 $92,754 $38,378 $54,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-614846

The MLS

APN: 5007-005-018