NOT LISTED FOR SALE

5545 Airdrome St Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $931,830 - $1,160,000

1 Bed
3 Baths
1,314 Sq Ft
$830/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $750,000 $571 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,631/month

48 Days on Market

Highlights

  • No HOA
  • Garden
  • 1-Story Property
  • Laundry Room
  • Wall Furnace

About This Home

As of September 2018

3 units for sale in desirable area of Picfair Village. 2 units are studios and 1 unit is a 1-bedroom. Units are in good condition and located in great area. 3 car garage in rear. Very private with beautiful hedge in front and sides of property.

Last Agent to Sell the Property

Alex Saab

eXp Realty of California Inc. License #01379940 Listed on: 05/24/2018

eXp Realty of California Inc.

Last Buyer's Agent

Moon Kim

Keller Williams Coastal Prop. License #01427914

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,956

Year Built

  • Built in 1940

Lot Details

  • 5,015 Sq Ft Lot
  • 1 Common Wall
  • Garden
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Flat Roof Shape

Interior Spaces

  • 1,314 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 9711
  • Assessor Parcel Number 5069022002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Insurance Expense $1,400
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,800
  • Operating Expense $13,080
  • Gross Income $6,780
  • Net Operating Income $35,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,956

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Picfair Village Neighborhood
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5069022002
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 570.78
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 5015.00

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 6780.00
  • Gross Scheduled Income: 49980.00
  • Insurance Expense: 1400.00
  • Net Operating Income: 35980.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14000.00
  • Rent Control: Yes
  • Total Expenses: 13080.00

Tax Info

  • New Taxes Expense: 8800.00
  • Tax Census Tract: 2169.00
  • Tax Lot: 45
  • Tax Tract Number: 9711

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Sep 6, 2018
Sold by
Phair Veronica
Bought by
Phair Matthew Joseph
Seller's Agent
Alex Saab
eXp Realty of California Inc.
Buyer's Agent
Moon Kim
Keller Williams Coastal Prop.
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,090,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,208
Avg. Annual Appreciation
5.39%
Original Mortgage
$736,415
Outstanding Balance
$650,011
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$440,197

Purchase Details

Listed on
May 24, 2018
Closed on
Aug 3, 2018
Sold by
Phair Matthew Joseph
Bought by
Hallisky William Tashakori and Tashakori Seyed Mohammad Reza
Seller's Agent
Alex Saab
eXp Realty of California Inc.
Buyer's Agent
Moon Kim
Keller Williams Coastal Prop.
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,415
Outstanding Balance
$650,011
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$440,197

Purchase Details

Closed on
Jun 30, 2005
Sold by
Ziff Dean G
Bought by
Phair Matthew Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2004
Sold by
Phornprapha Christopher and Wasden Andrea
Bought by
Ziff Dean G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,450
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Chaidez Felipe and Chaidez Yolanda
Bought by
Phornprapha Christopher and Wasden Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,100
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2002
Sold by
Chaidez Felipe
Bought by
Chaidez Felipe and Chaidez Yolanda
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
Phair Matthew Joseph -- Pacific Coast Title
Hallisky William Tashakori $750,000 Pacific Coast Title
Phair Matthew Joseph $630,000 Fidelity National Title Co
Ziff Dean G $520,000 Southland Title
Phornprapha Christopher $309,000 First American Title Co
Chaidez Felipe -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hallisky William Tashakori $736,415
Previous Owner Phair Matthew Joseph $535,500
Previous Owner Ziff Dean G $389,450
Previous Owner Phornprapha Christopher $278,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2018 09/13/18 Sold $750,000 0.0% $571 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $750,000 0.0% $571 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $750,000 -- $571 / 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 $10,956 $910,176 $669,309 $240,867
2024 $10,956 $892,331 $656,186 $236,145
2023 $10,747 $874,835 $643,320 $231,515
2022 $10,252 $857,682 $630,706 $226,976
2021 $9,284 $772,925 $618,340 $154,585
2020 $9,378 $765,000 $612,000 $153,000
2019 $9,006 $750,000 $600,000 $150,000
2018 $9,287 $756,649 $540,467 $216,182
2016 $8,885 $727,270 $519,481 $207,789
2015 $8,756 $716,346 $511,678 $204,668
2014 $8,801 $702,314 $501,655 $200,659
Source: Public Records

Agents Affiliated with this Home

  • Alex Saab

    Seller's Agent in 2018

    Alex Saab

    eXp Realty of California Inc.

    (562) 622-6050

    2 Total Sales

    Alex Saab
    Section Image
  • Moon Kim

    Buyer's Agent in 2018

    Moon Kim

    Keller Williams Coastal Prop.

    (213) 500-9363

    43 Total Sales

    Moon Kim
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18123886

California Regional Multiple Listing Service (CRMLS)

APN: 5069-022-002

California Los Angeles County Los Angeles 90019 Mid-City

5545 Airdrome St, Los Angeles, CA

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