NOT LISTED FOR SALE

Estimated Value: $1,316,000 - $1,331,604

6 Beds
3 Baths
2,132 Sq Ft
$622/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $1,025,000 $481 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,414/month

155 Days on Market

About This Home

As of January 2021

R3 Lot in NoHo Arts District. Close to everything that NoHo Arts District has to offer. This project is surrounded by restaurants, bars, shops, and various entertainment venues. Short distance to Metro Subway Red Line and the High-Speed Orange Bus Line, and extremely close to Chandler Bikeway, this property is expected to do well with the current demands of tenants. Nearly identical lot, 5340 Denny, also for sale. Plans for development of 6-unit complex available by request.Please do not disturb tenants.

Last Agent to Sell the Property

Amara Hordt

Engel & Völkers License #02106166 Listed on: 07/09/2020

Engel & Völkers

Co-Listed By

Jeff Lloyd

Jeffrey Brandon Lloyd License #00931954

Last Buyer's Agent

Yvette Guerrero

License #00848183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,460

Year Built

  • Built in 1961

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 50x135

Home Design

  • 2,132 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Community Details

  • 3 Units
  • Premier Global Property Investments Association

Listing and Financial Details

  • Assessor Parcel Number 2416-026-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,460

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: R3 Lot in NoHo Arts District. Close to everything that NoHo Arts District has to offer. This project is surrounded by restaurants, bars, shops, and various entertainment venues. Short distance to Metro Subway Red Line and the High-Speed Orange Bus Line, and extremely close to Chandler Bikeway, this property is expected to do well with the current demands of tenants. Nearly identical lot, 5340 Denny, also for sale. Plans for development of 6-unit complex available by request.Please do not disturb tenants.
  • Living Area: 2132
  • Lot Acreage: 0.1550
  • Lot Dimensions: 50x135
  • Year Built: 1961
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 513.60

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Condo/Co-op/Association

  • Management Company: Premier Global Property Investments
  • Mgmt Co Phone: 3238484949|

Lot Info

  • Assessed Improvement Percent: 40.13
  • Assessed Improvement Value: 309493
  • Assessed Land Percent: 59.87
  • Assessed Land Value: 461760
  • Total Assessed Value: 771253
  • Assessor Parcel Number: 2416-026-005
  • Geocode Override: No
  • Lot Size Area: 6750

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.70
  • Number Of Units: 3
  • Total Annual Expense: 25000
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Dec 21, 2020
Sold by
Br Workforce Llc
Bought by
Rym Investments Llc
Seller's Agent
Amara Hordt
Engel & Völkers
Buyer's Agent
Yvette Guerrero
List Price
$1,195,000
Sold Price
$1,025,000
Premium/Discount to List
-$170,000
-14.23%
Current Estimated Value
$1,331,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,866
Avg. Annual Appreciation
6.48%

Purchase Details

Listed on
Aug 26, 2017
Closed on
Dec 15, 2017
Sold by
Ahumada Cristian A
Bought by
Br Workforce Llc
Seller's Agent
Louis Perez
Tradewind Realty
Buyer's Agent
Jeff Lloyd
Jeffrey Brandon Lloyd
List Price
$999,000
Sold Price
$965,000
Premium/Discount to List
-$34,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Dorotheo Gerardo and Dorotheo Daisy
Bought by
Ahumada Cristian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,550
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 1995
Sold by
Costello Sharon
Bought by
Dorotheo Gerardo and Dorotheo Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
6%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rym Investments Llc $1,025,000 Stewart Title
Br Workforce Llc $965,000 Fidelity National Title
Ahumada Cristian A $668,500 Southland Title
Dorotheo Gerardo $168,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahumada Cristian A $562,800
Previous Owner Ahumada Cristian A $580,000
Previous Owner Ahumada Cristian A $610,000
Previous Owner Ahumada Cristian A $133,550
Previous Owner Ahumada Cristian A $467,670
Previous Owner Dorotheo Gerardo $385,000
Previous Owner Dorotheo Gerardo $142,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $1,025,000 -6.4% $481 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $1,095,000 -8.4% $514 / Sq Ft
07/09/2020 07/09/20 For Sale $1,195,000 +23.8% $561 / Sq Ft
12/28/2017 12/28/17 Sold $965,000 -3.4% $453 / Sq Ft
12/05/2017 12/05/17 For Sale $999,000 +3.5% $469 / Sq Ft
12/03/2017 12/03/17 Off Market $965,000 -- --
11/22/2017 11/22/17 Price Changed $999,000 -1.1% $469 / Sq Ft
10/30/2017 10/30/17 Price Changed $1,010,000 -1.5% $474 / Sq Ft
10/18/2017 10/18/17 Price Changed $1,025,000 -2.3% $481 / Sq Ft
10/10/2017 10/10/17 Price Changed $1,049,000 -1.9% $492 / Sq Ft
09/27/2017 09/27/17 Price Changed $1,069,000 -0.5% $501 / Sq Ft
09/20/2017 09/20/17 Price Changed $1,074,000 -0.5% $504 / Sq Ft
09/12/2017 09/12/17 Price Changed $1,079,000 -0.9% $506 / Sq Ft
08/26/2017 08/26/17 For Sale $1,089,000 -- $511 / 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 $13,460 $1,109,490 $757,701 $351,789
2024 $13,460 $1,087,737 $742,845 $344,892
2023 $13,201 $1,066,410 $728,280 $338,130
2022 $12,589 $1,045,500 $714,000 $331,500
2021 $12,309 $1,014,386 $735,824 $278,562
2020 $12,433 $1,003,986 $728,280 $275,706
2019 $11,942 $984,300 $714,000 $270,300
2018 $11,811 $965,000 $700,000 $265,000
2016 $9,246 $756,131 $452,706 $303,425
2015 $9,112 $744,774 $445,906 $298,868
2014 $9,156 $730,186 $437,172 $293,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-602250

The MLS

APN: 2416-026-005