NOT LISTED FOR SALE

532 W 81st St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $750,466 - $810,000

3 Beds
3 Baths
1,632 Sq Ft
$471/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $495,000 $303 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,607/month

13 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of May 2018

DO NOT DISTURB TENANTS!!! Great investment property!! 3 Units on a big R3 Lot with many possibilities. Buyer to investigate with city regarding the property. Units consist of 1 Bedroom and 1 Bath each. Sold as "as is" condition. Each unit has it's own electrical and gas meter. Close access to the 110fwy. Plenty of parking space rear side of the property.

Last Agent to Sell the Property

Ramon Henao

Mega Real Estate License #00973921 Listed on: 04/03/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,028

Year Built

  • Built in 1945

Lot Details

  • 9,311 Sq Ft Lot
  • No Common Walls
  • Land Lease

Parking

  • 6 Parking Spaces

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 169
  • Assessor Parcel Number 6032024014

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Insurance Expense $850
  • Trash Expense $150
  • Water Sewer Expense $600
  • New Taxes Expense $6,215
  • Operating Expense $7,775
  • Gross Income $20,935
  • Net Operating Income $20,935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,028

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6032024014
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 303.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 9311.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 20935.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 850.00
  • Net Operating Income: 20935.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 7865.00
  • Rent Control: Yes
  • Total Actual Rent: 2400.00
  • Total Expenses: 7775.00

Tax Info

  • New Taxes Expense: 6215.00
  • Tax Census Tract: 2383.10
  • Tax Lot: 169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
Banayan Parviz and Etessami Pegah Banayan
Bought by
532 West 81St Street Llc
Current Estimated Value
$768,117

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 22, 2018
Sold by
Banayan Pourandokht Makabi
Bought by
Banayan Parviz
Seller's Agent
Ramon Henao
Mega Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 21, 2018
Sold by
Alvarado Raul
Bought by
Banayan Parviz and Etessami Pegan Banayan
Seller's Agent
Ramon Henao
Mega Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Alvarado Alejandro Piedra
Bought by
Alvarado Raul

Purchase Details

Closed on
Jan 24, 1995
Sold by
2974 Properties Inc
Bought by
Alvarado Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,256
Interest Rate
9.28%
Mortgage Type
FHA
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
532 West 81St Street Llc -- None Listed On Document
Banayan Parviz -- Stewart Title Of California
Banayan Parviz $495,000 Stewart Title Of California
Alvarado Raul -- Accommodation
Alvarado Raul $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Raul $150,256
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $495,000 +1.2% $303 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $489,000 -- $300 / 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 $7,028 $563,221 $403,927 $159,294
2024 $7,028 $552,178 $396,007 $156,171
2023 $6,900 $541,352 $388,243 $153,109
2022 $6,592 $530,738 $380,631 $150,107
2021 $6,506 $520,332 $373,168 $147,164
2019 $6,318 $504,900 $362,100 $142,800
2018 $3,027 $225,834 $174,184 $51,650
2016 $2,889 $217,067 $167,421 $49,646
2015 $2,851 $213,808 $164,907 $48,901
2014 $2,883 $209,621 $161,677 $47,944
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ramon Henao

    Mega Real Estate

    (562) 940-8160

    6 Total Sales

    Ramon Henao
    Section Image

  • N

    Buyer's Agent in 2018

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    6,001 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18075485

California Regional Multiple Listing Service (CRMLS)

APN: 6032-024-014

California Los Angeles County Los Angeles 90044 Vermont Knolls

532 W 81st St, Los Angeles, CA

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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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