J
Seller's Agent in 2017
Jignesh Patel
Realty One Group United
5417 S Wilton Place Los Angeles, CA 90062
Chesterfield Square NeighborhoodEstimated Value: $831,000 - $1,081,000
4
Beds
4
Baths
2,930
Sq Ft
$326/Sq Ft
Est. Value
Highlights
- Lawn
- Landscaped
- 4-minute walk to Chesterfield Square Park
- Laundry Room
About This Home
As of September 2017Well Maintained Spanish style Four Unit Multifamily Investment Offering in the City of Los Angeles! This Property Is an Excellent Opportunity for An Investor or Buyer That Could Live in One of the Units and Rent Other to Help Pay the Mortgage. The property is located within the community known as Chesterfield Square and situated in a community of single family homes. Located minutes from LA, Live, New Crenshaw Corridor Metro Rail system, USC, DTLA, Newly Built Kaiser, and Baldwin Hills Mall (which will be being going through an intensive renovation). The units consist of one: 2bed 1 bath, Two: 1bed/ 1 bath, and One Studio with a 3-car garage below the 2bed 1 bath unit. Units feature large living and dining areas, kitchens, spacious bedrooms with plenty of closet space. Three of the units come with washer/dryer hook-ups and all units have individual Electric/ Gas Meters. 3 of the tenants are month-to-month and the Studio tenant is Section 8 but paying close to market rent $1058 (per Seller). Instant Cash Flowing Investment in a low vacancy area that is only going Up in Value! This property is Ideal for an Investor focused on Great ROI and long-term gain! Great Walkability and location. Don’t Miss Out on this Fantastic Investment! All information is deemed reliable but no guaranteed, buyer to verify all information and buyer is responsible for completing a diligent investigation. NO UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW...PROPERTY IS SOLD IN "AS IS CONDITION"
Last Agent to Sell the Property
Jignesh Patel
Realty One Group United License #01941349 Listed on: 07/08/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,521
Year Built
- Built in 1932
Lot Details
- 5,851 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Lawn
- Front Yard
Parking
- 3 Car Garage
Home Design
- 2,930 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 537
- Tax Tract Number 2325
- Assessor Parcel Number 5005013021
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $900
- Insurance Expense $1,740
- Water Sewer Expense $2,261
- Operating Expense $8,400
- Net Operating Income $48,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2017
Closed on
Aug 23, 2017
Sold by
Battles Jefferey
Bought by
Delgado Davis Lee Anthony and Delgado Davis
Seller's Agent
Jignesh Patel
Realty One Group United
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$658,988
Sold Price
$675,000
Premium/Discount to List
$16,012
2.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,333
Avg. Annual Appreciation
4.48%
Original Mortgage
$652,471
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 28, 2017
Sold by
Battles Julio Alberto Herrera
Bought by
Battles Jefferey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 23, 2014
Sold by
Battles Gwendolyn
Bought by
Battles Roy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 12, 2014
Sold by
Battles Roy L and Battles Jefferey
Bought by
Battles Jefferey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 8, 2003
Sold by
Webb Mary
Bought by
Battles Roy L and Battles Jefferey
Purchase Details
Closed on
Apr 25, 2002
Sold by
Webb Cornelius C
Bought by
Webb Cornelius C and Webb Mary B
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Delgado Davis Lee Anthony | $675,000 | Old Republic Title Company | |
| Battles Jefferey | -- | Old Republic Title Company | |
| Battles Roy L | -- | Chicago Title Company | |
| Battles Jefferey | -- | Chicago Title Company | |
| Battles Roy L | -- | -- | |
| Webb Cornelius C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Lee Anthony | $631,000 | |
| Closed | Delgado Davis Lee Anthony | $652,471 | |
| Previous Owner | Battles Jefferey | $406,000 | |
| Previous Owner | Battles Jefferey | $57,795 | |
| Previous Owner | Battles Jefferey | $4,500 | |
| Previous Owner | Battles Jefferey | $360,000 | |
| Previous Owner | Battles Jefferey | $330,000 | |
| Previous Owner | Battles Roy L | $170,000 | |
| Previous Owner | Battles Roy L | $130,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2017 09/15/17 | Sold | $675,000 | +2.4% | $230 / Sq Ft |
| 07/17/2017 07/17/17 | Pending | -- | -- | -- |
| 07/08/2017 07/08/17 | For Sale | $658,988 | -- | $225 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,521 | $768,032 | $455,130 | $312,902 |
| 2024 | $9,521 | $752,973 | $446,206 | $306,767 |
| 2023 | $9,346 | $738,209 | $437,457 | $300,752 |
| 2022 | $8,924 | $723,735 | $428,880 | $294,855 |
| 2021 | $8,802 | $709,545 | $420,471 | $289,074 |
| 2020 | $8,889 | $702,830 | $416,160 | $286,670 |
| 2019 | $8,546 | $689,060 | $408,000 | $281,060 |
| 2018 | $8,457 | $675,560 | $400,000 | $275,560 |
| 2016 | $3,693 | $281,304 | $162,408 | $118,896 |
| 2015 | $3,643 | $277,080 | $159,969 | $117,111 |
| 2014 | $1,020 | $53,153 | $19,578 | $33,575 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2017
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,797 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW17156127
APN: 5005-013-021
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.
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
- 2070 W 54th St
- 5424 S Van Ness Ave
- 5700 Cimarron St
- 5311 S Van Ness Ave
- 5171 S Wilton Place
- 5167 S Gramercy Place
- 5743 S Wilton Place
- 5206 S St Andrews Place
- 5507 S Manhattan Place
- 5314 2nd Ave
- 5111 Cimarron St
- 5302 S Manhattan Place
- 1812 W 51st St
- 5436 3rd Ave
- 5820 Cimarron St
- 5330 3rd Ave
- 5472 3rd Ave
- 5718 S Manhattan Place
- 5162 S Manhattan Place
- 5008 S Van Ness Ave
- 5421 S Wilton Place
- 5425 S Wilton Place
- 2058 W 54th St
- 2060 W 54th St
- 5431 S Wilton Place
- 2064 W 54th St
- 5414 Cimarron St
- 5420 Cimarron St
- 5424 Cimarron St
- 5503 S Wilton Place
- 2026 W 54th St
- 5416 S Wilton Place
- 5420 S Wilton Place
- 2024 W 54th St
- 5430 Cimarron St
- 5424 S Wilton Place
- 5422 Cimarron St
- 2024 W 54th St
- 5507 S Wilton Place
- 2020 W 54th St