NOT LISTED FOR SALE

5420 E Beverly Blvd Los Angeles, CA 90022

Estimated Value: $521,955

Studio
2 Baths
1,795 Sq Ft
$291/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2015

Last sale price $285,000 $159 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,277 / mo

22 Days on Market

Highlights

  • Attached Guest House
  • All Bedrooms Downstairs
  • Modern Architecture
  • Art Studio
  • Wood Flooring
  • Bonus Room

About This Home

As of January 2015

*Owner May Carry* Great opportunity to own a mixed use with plenty of upsides and great terms for the buyer. Looking for a easy investment with your money look no further, Seller may carry with 20% down 3-5 years or 5 to 10% down with 6 month term. Either way buyer wins and saves money with this Great Opportunity. All Spaces rented, no rent control and excellent cash flow for owner/operation Business. Minutes from Fwy and 4 cities; Montebello, Monterey Park, Commerce, and East Los Angeles.

Last Agent to Sell the Property

Richard Tamayo

TAMAYO & ASSOC. R.E. License #01091316 Listed on: 12/16/2014

Last Buyer's Agent

Chris Zhou

MILANO REALTY License #01963075

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 2,543 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Redwood Fence
  • Fence is in good condition
  • No Landscaping
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Modern Architecture
  • Property Attached
  • Turnkey
  • Brick Foundation
  • Slab Foundation
  • Interior Block Wall
  • Rolled or Hot Mop Roof
  • Pre-Cast Concrete Construction
  • Plaster

Interior Spaces

  • 1,795 Sq Ft Home
  • Wired For Data
  • Crown Molding
  • Double Pane Windows
  • Tinted Windows
  • Home Office
  • Library
  • Bonus Room
  • Art Studio
  • Storage
  • Attic Fan

Kitchen

  • Gas Cooktop
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • All Bedrooms Down
  • Mirrored Closets Doors
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot
  • Attached Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer Paid
  • Phone System

Listing and Financial Details

  • Tenant pays for gas, janitorial service, water
  • Legal Lot and Block 36 / 36
  • Tax Tract Number 10665
  • Assessor Parcel Number 6341003008

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

2,543 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Well Report: No
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6341003008
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Attic Fan, Block Walls, Ceramic Counters, Crown Molding, Wired for Data, Phone System, Storage, Tile Counters, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Levels: One
  • Price Per Square Foot: 158.77
  • Room Type: Art Studio, All Bedrooms Down, Bonus Room, Library, Office
  • Window Features: Double Pane Windows, Tinted Windows

Exterior Features

  • Foundation: Brick/Mortar, Slab
  • Other Structures: Guest House Attached, Two On A Lot
  • Exterior Features: Lighting, Rain Gutters
  • Fencing: Block, Chain Link, Good Condition, Redwood
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Block, Concrete, Plaster

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Garage Door Opener, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop, Gas Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre, No Landscaping
  • Lot Size Sq Ft: 2543.00
  • Lot Size Acres: 0.0580

Rental Info

  • Tenant Pays: Gas, Janitorial Service, Water

Multi Family

  • Gross Income: 2850.00
  • Gross Scheduled Income: 34800.00
  • Lot Size Area: 2543.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 2900.00

Tax Info

  • Tax Block: 36
  • Tax Lot: 36
  • Tax Tract Number: 10665

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2014
Closed on
Feb 3, 2015
Sold by
Chu Nathan Wal Kon
Bought by
5420 Beverly Llc
Seller's Agent
Richard Tamayo
TAMAYO & ASSOC. R.E.
Buyer's Agent
Chris Zhou
MILANO REALTY
List Price
$288,000
Sold Price
$285,000
Premium/Discount to List
-$3,000
-1.04%
Current Estimated Value
$521,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,955
Avg. Annual Appreciation
5.55%

Purchase Details

Listed on
Dec 16, 2014
Closed on
Jan 5, 2015
Sold by
Golden Apple Llc
Bought by
Chu Nathan Wai Kon
Seller's Agent
Richard Tamayo
TAMAYO & ASSOC. R.E.
Buyer's Agent
Chris Zhou
MILANO REALTY
List Price
$288,000
Sold Price
$285,000
Premium/Discount to List
-$3,000
-1.04%

Purchase Details

Closed on
Oct 10, 2007
Sold by
Richard Tamayo Living Trust 2004
Bought by
Golden Apple Llc

Purchase Details

Closed on
Jul 12, 2004
Sold by
Godinez Candelaria and Campos Victor
Bought by
Tamayo Richard and Richard Tamayo Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 2003
Sold by
Caldera Jose J
Bought by
Campos Victor

Purchase Details

Closed on
Apr 8, 2003
Sold by
Gonzalez Robert and Gonzalez Antonia Maria
Bought by
Caldera Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 1995
Sold by
Gonzales Robert and Gonzales Antonia
Bought by
Gonzalez Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
5420 Beverly Llc -- None Available
Chu Nathan Wai Kon $285,000 Wfg Title Company
Golden Apple Llc -- Accommodation
Tamayo Richard $265,000 Fidelity National Title Co
Campos Victor $160,000 Gateway Title Company
Caldera Jose J $90,000 Gateway Title Company
Gonzalez Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tamayo Richard $200,000
Previous Owner Caldera Jose J $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2015 01/14/15 Sold $285,000 -1.0% $159 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $288,000 -- $160 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,587 $342,513 $162,242 $180,271
2024 $5,587 $335,798 $159,061 $176,737
2023 $5,505 $329,215 $155,943 $173,272
2022 $5,288 $322,761 $152,886 $169,875
2021 $5,228 $316,434 $149,889 $166,545
2020 $5,257 $313,191 $148,353 $164,838
2019 $5,092 $307,051 $145,445 $161,606
2018 $5,003 $301,032 $142,594 $158,438
2016 $4,809 $289,345 $137,058 $152,287
2015 $5,006 $307,343 $144,973 $162,370
2014 $4,998 $301,324 $142,134 $159,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14259541

California Regional Multiple Listing Service (CRMLS)

APN: 6341-003-008

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