NOT LISTED FOR SALE

5364 Verona St Los Angeles, CA 90022

Estimated Value: $700,000 - $1,093,835

8 Beds
4 Baths
3,534 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 24, 2012

Last sale price $406,000 $115 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $5,841/month

7 Days on Market

About This Home

As of April 2012

4 units in East Los Angeles, each unit have 2 Bedrooms 1 Bathroom, there is no rent control area, rent are very low long time tenants, units need some repairing work, sold as is physical condition, estate sale with no court confirmation

Last Agent to Sell the Property

Vince Veneziano

I.R.E.N. VENEZIANO REALTY License #00679399 Listed on: 02/29/2012

Last Buyer's Agent

Vince Veneziano

I.R.E.N. VENEZIANO REALTY License #00679399 Listed on: 02/29/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,056

Year Built

  • Built in 1929

Lot Details

  • 5,186 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • 3,534 Sq Ft Home
  • Fixer Upper
  • Frame Construction
  • Asphalt Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 171
  • Tax Tract Number 8790
  • Assessor Parcel Number 6340007004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $1
  • Gross Income $2,800
  • Net Operating Income $2,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,056

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 323 726-9999
  • Subdivision Name Other: N / A
  • Zoning: LAR4YY
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 6340007004
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 114.88

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5186.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 2800.00
  • Lot Size Area: 5186.0000 Square Feet
  • Net Operating Income: 2520.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 280.00
  • Operating Expense Percent: 10.00
  • Rent Control: No
  • Total Actual Rent: 2800.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Area: 6-457
  • Tax Lot: 171
  • Tax Tract Number: 8790
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Apr 19, 2012
Sold by
Velasco Maria
Bought by
Gamboa Daniel
Seller's Agent
Vince Veneziano
I.R.E.N. VENEZIANO REALTY
Buyer's Agent
Vince Veneziano
I.R.E.N. VENEZIANO REALTY
List Price
$398,888
Sold Price
$406,000
Premium/Discount to List
$7,112
1.78%
Current Estimated Value
$956,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,209
Avg. Annual Appreciation
6.49%
Original Mortgage
$304,500
Outstanding Balance
$211,128
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$730,245

Purchase Details

Closed on
Sep 3, 1997
Sold by
Piazza Carmelo
Bought by
Piazza Carmelo and Piazza Rose
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
Gamboa Daniel $406,000 Investors Title Company
Piazza Carmelo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamboa Daniel $304,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2012 04/24/12 Sold $406,000 +1.8% $115 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $398,888 -- $113 / 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 $8,056 $509,947 $158,258 $351,689
2024 $8,056 $499,949 $155,155 $344,794
2023 $7,715 $490,147 $152,113 $338,034
2022 $7,484 $480,537 $149,131 $331,406
2021 $7,250 $471,115 $146,207 $324,908
2019 $7,010 $457,583 $141,871 $315,712
2018 $7,100 $448,621 $139,090 $309,531
2016 $6,800 $430,780 $133,690 $297,090
2015 $6,459 $424,310 $131,682 $292,628
2014 $6,402 $415,999 $129,103 $286,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12027332

California Regional Multiple Listing Service (CRMLS)

APN: 6340-007-004