NOT LISTED FOR SALE

533 N Serrano Ave Los Angeles, CA 90004

East Hollywood Neighborhood

Estimated Value: $1,245,000 - $1,547,000

6 Beds
5 Baths
2,448 Sq Ft
$571/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $780,000 $319 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,999/month

74 Days on Market

Highlights

  • Craftsman Architecture
  • Balcony
  • Laundry Room
  • Wood Flooring
  • Cooling System Powered By Gas
  • 3 Attached Carport Spaces

About This Home

As of February 2015

* INVESTOR OPPORTUNITY * WELL MAINTAINED INCOME PROPERTY IN KOREA TOWN / MID-WILSHIRE SHOWS PRIDE OF OWNERSHIP.
THE MAIN HOME HAS 3 BDM/1 BATH WITH ATTACHED STUDIO RENTAL -- BOTH UNITS HAVE CENTRAL AIR/HEAT. NEWER ATTACHED ADDITION CONSISTS OF 2 RENTAL UNITS IN GOOD CONDITION. ONE LARGE UNIT HAS 3 BDM/2 BATH AND INDOOR LAUNDRY HOOK UPS; AND ONE STUDIO UNIT WITH KITCHENETTE...NOTE: BOTH UNITS WITH CENTRAL HEAT. PROPERTY OFFERS 6 PARKING SPACES; 3 COVERED CARPORT SPACES AND 3 OPEN SPACES. CARPORT CABINETS AND SHED OFFER ADDITIONAL STORAGE SPACE. LOCATED IN AREA CONVENIENT TO SHOPPING, MARKETS, RESTAURANTS, ETC. GATED LOT AND MANICURED LANDSCAPING, FRUIT TREES. PROPERTY HAS SECURITY CAMERAS AND IS GATED.

MUST SEE TO APPRECIATE! GREAT OPPORTUNITY...CALL FOR APPT TO PREVIEW!

Last Agent to Sell the Property

CHRISTINA RAMOS

Cornerstone Realty Group License #01337098 Listed on: 01/11/2015

Cornerstone Realty Group

Last Buyer's Agent

Fredrick Jones

Coldwell Banker Realty License #01944826

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,182

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 6,145 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Fence is in good condition
  • Paved or Partially Paved Lot

Home Design

  • 2,448 Sq Ft Home
  • Craftsman Architecture
  • Traditional Architecture
  • Property Attached
  • Shingle Roof
  • Composition Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 6 Parking Spaces
  • 3 Attached Carport Spaces
  • Parking Available
  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 18
  • Assessor Parcel Number 5521013018

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,182

Year Built

Built in 1912 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Shed
  • Property Attached: Yes
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5521013018
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Levels: Two
  • Price Per Square Foot: 318.63

Exterior Features

  • Fencing: Block, Chain Link, Good Condition, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Concrete, Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 6145.00
  • Lot Size Acres: 0.1410

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Scheduled Income: 2800.00
  • Lot Size Area: 6145.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 18
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2015
Closed on
Jan 23, 2015
Sold by
Cruz Jaime
Bought by
Herrera Ruben and Herrera Alvita Marcela
Seller's Agent
CHRISTINA RAMOS
Cornerstone Realty Group
Buyer's Agent
Fredrick Jones
Coldwell Banker Realty
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Current Estimated Value
$1,397,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,989
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Jan 4, 2001
Sold by
Arteaga Luis G
Bought by
Oliva Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,550
Interest Rate
7.13%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Oliva Luis
Bought by
Cruz Jaime and Cruz Editha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,550
Interest Rate
7.13%

Purchase Details

Closed on
Jun 30, 1996
Sold by
Oliva Venecia
Bought by
Oliva Luis and Oliva Venecia

Purchase Details

Closed on
Dec 28, 1995
Sold by
Oliva Venecia
Bought by
Oliva Luis

Purchase Details

Closed on
May 22, 1995
Sold by
Ingold Naomi and Armada Amelia Grace
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herrera Ruben $780,000 Fidelity National Title Co
Oliva Luis -- American Title Co
Cruz Jaime $269,000 American Title Co
Oliva Luis -- --
Oliva Luis -- --
Oliva Luis -- --
Federal Home Loan Mortgage Corporation $122,625 World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Jaime $255,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $780,000 -2.4% $319 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
11/08/2014 11/08/14 For Sale $799,000 -- $326 / 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 $8,182 $655,207 $438,742 $216,465
2024 $8,182 $642,361 $430,140 $212,221
2023 $8,032 $629,766 $421,706 $208,060
2022 $7,673 $617,419 $413,438 $203,981
2021 $7,569 $605,314 $405,332 $199,982
2019 $7,350 $587,361 $393,310 $194,051
2018 $7,211 $575,846 $385,599 $190,247
2016 $9,725 $791,894 $554,326 $237,568
2015 $5,465 $441,359 $269,808 $171,551
2014 $5,501 $432,714 $264,523 $168,191
Source: Public Records

Agents Affiliated with this Home

  • CHRISTINA RAMOS

    Seller's Agent in 2015

    CHRISTINA RAMOS

    RE/MAX

    (909) 472-1799

    2 Total Sales

    CHRISTINA RAMOS
    Section Image

  • F

    Buyer's Agent in 2015

    Fredrick Jones

    Coldwell Banker Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14238569

California Regional Multiple Listing Service (CRMLS)

APN: 5521-013-018

California Los Angeles County Los Angeles 90004 East Hollywood

533 N Serrano Ave, Los Angeles, CA

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

Nearby Homes