NOT LISTED FOR SALE

5424 S St Andrews Place Los Angeles, CA 90062

Chesterfield Square Neighborhood

Estimated Value: $697,000 - $773,939

2 Beds
2 Baths
1,728 Sq Ft
$423/Sq Ft Est. Value

Last Sold March 27, 2013

Last sale price $257,500 $149 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $4,289/month

16 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Level Lot
  • 4-minute walk to Chesterfield Square Park
  • Laundry Room

About This Home

As of March 2013

**Great Investment! Future Upside**This Income Producing Duplex is in Amazing Shape and located on a Quiet tree lined street. The long-term tenants are quiet and have kept the units Very Clean. The interiors of each 1 Bed/1 Bath unit are Spacious and have Major Upside if converted to Two Bedroom units to Add Value in the future. Newer Roof and Window Bars. 7% Return Cash on Cash after all expenses! NOTE: Do Not Disturb the Tenants. Property to Be Sold Occupied, Seller Will Not Relocate. Refer All Your Questions to Agent.

Last Agent to Sell the Property

Jason Zielonka

Absolute Real Estate Services, Inc. License #01899967 Listed on: 01/29/2013

Last Buyer's Agent

Jonathan Kim

Jonathan Kim License #01800127

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,081

Year Built

  • Built in 1922

Lot Details

  • 6,480 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 1,728 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 781
  • Assessor Parcel Number 5005025012

Community Details

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $834
  • Trash Expense $500
  • Water Sewer Expense $604
  • New Taxes Expense $4,200
  • Gross Income $2,080
  • Net Operating Income $18,928

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,081

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • CapRate: 7.00
  • Property Attached: Yes
  • Water Sewer Expenses: 604.00
  • Property Type: Residential Income
  • Parcel Number: 5005025012
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 149.02
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 6480.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2080.00
  • Gross Multiplier: 10.81
  • Gross Scheduled Income: 24966.00
  • Insurance Expense: 834.00
  • Lot Size Area: 6480.0000 Square Feet
  • Net Operating Income: 18928.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6038.00
  • Rent Control: Yes
  • Total Actual Rent: 2080.00

Tax Info

  • New Taxes Expense: 4200.00
  • Tax Lot: 781
  • Tax Tract Number: _
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2013
Closed on
Feb 14, 2013
Sold by
Nomad 102 Asset Management Llc
Bought by
Yen Jen
Seller's Agent
Jason Zielonka
Absolute Real Estate Services, Inc.
Buyer's Agent
Jonathan Kim
Jonathan Kim
List Price
$270,000
Sold Price
$257,500
Premium/Discount to List
-$12,500
-4.63%
Current Estimated Value
$724,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,249
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Oct 12, 2012
Sold by
Bpc Investments & Development Llc
Bought by
Nomad 102 Asset Management Llc

Purchase Details

Closed on
Aug 2, 2012
Sold by
Fv-I Inc
Bought by
Bpc Investments & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2011
Sold by
Pickens Larry
Bought by
Fv-1 Inc

Purchase Details

Closed on
Apr 12, 2001
Sold by
S/K Investments
Bought by
Pickens Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.98%

Purchase Details

Closed on
Nov 15, 2000
Sold by
Fechtner Leonard W
Bought by
Sk Investments Inc

Purchase Details

Closed on
Aug 6, 1997
Sold by
Fechtner Howard
Bought by
Fechtner Howard L and Fechtner Linda C

Purchase Details

Closed on
Jan 26, 1996
Sold by
Fechtner Norman
Bought by
Fechtner Howard
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yen Jen $257,500 Progressive Title Company
Yen Jen -- Progressive Title Company
Nomad 102 Asset Management Llc -- None Available
Bpc Investments & Development Llc $170,000 Landsafe Title
Fv-1 Inc $154,935 None Available
Pickens Larry $165,000 Equity Title
Sk Investments Inc $79,000 Progressive Title Company
Fechtner Leonard W -- Progressive Title Company
Fechtner Howard L -- --
Fechtner Howard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yen Jen $130,181
Closed Yen Jen $154,500
Previous Owner Bpc Investments & Development Llc $170,000
Previous Owner Pickens Larry $220,000
Previous Owner Pickens Larry $180,000
Previous Owner Pickens Larry $132,000
Closed Pickens Larry $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2013 03/27/13 Sold $257,500 -4.6% $149 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $270,000 -- $156 / 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 $4,081 $317,080 $190,865 $126,215
2024 $4,081 $310,864 $187,123 $123,741
2023 $4,011 $304,769 $183,454 $121,315
2022 $3,837 $298,794 $179,857 $118,937
2021 $3,781 $292,936 $176,331 $116,605
2019 $3,674 $284,249 $171,101 $113,148
2018 $3,575 $278,677 $167,747 $110,930
2016 $3,409 $267,857 $161,234 $106,623
2015 $3,362 $263,835 $158,813 $105,022
2014 $3,387 $258,668 $155,703 $102,965
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jason Zielonka

    Absolute Real Estate Services, Inc.

  • Jonathan Kim

    Buyer's Agent in 2013

    Jonathan Kim

    Jonathan Kim

    (562) 565-5284

    2 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13013551

California Regional Multiple Listing Service (CRMLS)

APN: 5005-025-012

California Los Angeles County Los Angeles 90062 Chesterfield Square

5424 S St Andrews Place, Los Angeles, CA

This home is located at 5424 S St Andrews Place, Los Angeles, CA 90062 since 29 January 2013 and is currently estimated at $730,485, approximately $422 per square foot. This property was built in 1922. 5424 S St Andrews Place is a home located in Los Angeles County with nearby schools including Western Avenue Technology Magnet, Angeles Mesa Elementary School, and Horace Mann Ucla Community.

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.

California Regional Multiple Listing Service (CRMLS) 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