NOT LISTED FOR SALE

536 S Gerhart Ave Los Angeles, CA 90022

Estimated Value: $911,000 - $945,151

4 Beds
2 Baths
2,292 Sq Ft
$403/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $500,000 $218 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,640/month

17 Days on Market

Highlights

  • Laundry Room
  • Floor Furnace
  • Carpet
  • Central Air

About This Home

As of November 2014

First time on the market TRIPLEX!!!!!! Centrally located near shopping and major freeway. Within minutes of the Citadel Outlets and East Los Angeles College.Great investment opportunity.Front house is a 2 bdrm 1 bath with washer and dryer hook-ups, 2nd building consists of two 2 bdrms 1 bath apartments with washer hook-ups.

Last Agent to Sell the Property

Henry Escalante

TLC REALTY AND INVESTMENTS INC License #01938181 Listed on: 10/18/2014

Last Buyer's Agent

Ofelia Jurado

UNITED BROKERS REALTY License #01063475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,619

Year Built

  • Built in 1928

Lot Details

  • 5,401 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Interior Spaces

  • 2,292 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 620
  • Tax Tract Number 5445
  • Assessor Parcel Number 6342013011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,619

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6342013011
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Fireplace Features: Living Room
  • Price Per Square Foot: 218.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5401.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 675
  • Average2 Bed Area: 675
  • Average3 Bed Area: 942
  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 5401.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 620
  • Tax Tract Number: 5445
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2016
Sold by
Jurado Jacinto G and Jurado Ofelia
Bought by
Jurado Jacinto G and Jurado Ofelia
Current Estimated Value
$923,788

Purchase Details

Closed on
Jul 11, 2015
Sold by
Jurado Jacinto and Jurado Ofelia
Bought by
Jurado Jacinto G and Jurado Ofelia

Purchase Details

Listed on
Oct 18, 2014
Closed on
Oct 16, 2014
Sold by
Carter Monica
Bought by
Jurado Jacinto and Jurado Ofelia
Seller's Agent
Henry Escalante
TLC REALTY AND INVESTMENTS INC
Buyer's Agent
Ofelia Jurado
UNITED BROKERS REALTY
List Price
$524,000
Sold Price
$500,000
Premium/Discount to List
-$24,000
-4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$375,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2010
Sold by
Elizabeth Frances M and Carter Monica J
Bought by
Carter Monica

Purchase Details

Closed on
Jan 10, 2009
Sold by
Elizalde Frances M
Bought by
Lopez Jesse J and The Jessie L Lopez Living Trus

Purchase Details

Closed on
Mar 18, 2002
Sold by
Lopez Jessie J
Bought by
Lopez Jessie J and The Jessie J Lopez Living Trus

Purchase Details

Closed on
Aug 16, 1999
Sold by
Lopez Jessie J
Bought by
Lopez Jessie J and Elizalde Frances M
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
Jurado Jacinto G -- None Available
Jurado Jacinto G -- None Available
Jurado Jacinto $500,000 Wfg Title Company
Carter Monica -- None Available
Lopez Jesse J -- None Available
Lopez Jessie J -- --
Lopez Jessie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jurado Jacinto G $358,600
Closed Jurado Jacinto G $358,000
Closed Jurado Jacinto $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $500,000 -4.6% $218 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $524,000 -- $229 / 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 $8,619 $600,914 $300,457 $300,457
2024 $8,619 $589,132 $294,566 $294,566
2023 $8,371 $577,582 $288,791 $288,791
2022 $8,106 $566,258 $283,129 $283,129
2021 $7,848 $555,156 $277,578 $277,578
2020 $7,795 $549,464 $274,732 $274,732
2019 $7,571 $538,692 $269,346 $269,346
2018 $7,682 $528,130 $264,065 $264,065
2016 $7,367 $507,624 $253,812 $253,812
2015 $6,966 $500,000 $250,000 $250,000
2014 -- $284,305 $126,358 $157,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14204491

California Regional Multiple Listing Service (CRMLS)

APN: 6342-013-011