NOT LISTED FOR SALE

557 Williamson Ave Los Angeles, CA 90022

Estimated Value: $832,174 - $978,000

5 Beds
3 Baths
2,200 Sq Ft
$414/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $450,000 $205 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,428/month

44 Days on Market

About This Home

As of January 2015

Presenting an amazing Triplex in East LA! Property has Two units that are both two (2) bedrooms, one (1) bath. Third unit is a one (1) bdrm, one (1) bath. Each unit has its assigned Carport. The property sits in a 5,355 Lot. Located within minutes of the 5, 60, & 710 freeways, Metro Rail Gold Line, Downtown, East LACC, CSU-LA, Montebello Plaza & Golf Course, Commerce Casino, and the shops & restaurants of Whittier Blvd just up the street! Property is conveniently located walking distance to an elementary, jr high, and high school! This property is looking for its next long term owner looking for potentially great cash flow! Property NOT under rent control. Long Term tenants. Selling As Is.

Last Agent to Sell the Property

Adrian Cafuentes

Keller Williams Beverly Hills License #01801444 Listed on: 10/27/2014

Keller Williams Beverly Hills

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,355 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 424
  • Tax Tract Number 5303
  • Assessor Parcel Number 6342011028

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6342011028
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 204.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5355.00
  • Lot Size Acres: 0.1230

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Lot Size Area: 5355.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 424
  • Tax Tract Number: 5303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
Hernandez Richard David and Hernandez Veronica Alvar
Bought by
Hernandez Revocable Living Trust and Hernandez
Current Estimated Value
$911,544

Purchase Details

Listed on
Oct 27, 2014
Closed on
Dec 15, 2014
Sold by
Guthrie Denton
Bought by
Hernandez Richard and Hernandez Veronica
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$337,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2006
Sold by
Bishop Anita
Bought by
Bishop Anita and The Bishop Living Trust

Purchase Details

Closed on
Sep 5, 2000
Sold by
Bishop Anita
Bought by
Bishop Anita
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hernandez Revocable Living Trust -- None Listed On Document
Hernandez Richard $450,000 Fidelity National Title Co
Bishop Anita -- None Available
Bishop Anita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Richard $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2015 01/12/15 Sold $450,000 0.0% $205 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $450,000 -- $205 / 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 $7,943 $540,824 $270,412 $270,412
2024 $7,943 $530,220 $265,110 $265,110
2023 $7,694 $519,824 $259,912 $259,912
2022 $7,453 $509,632 $254,816 $254,816
2021 $7,219 $499,640 $249,820 $249,820
2019 $6,969 $484,822 $242,411 $242,411
2018 $7,048 $475,316 $237,658 $237,658
2016 $6,760 $456,862 $228,431 $228,431
2015 $6,746 $480,878 $240,439 $240,439
2014 $2,127 $69,352 $24,376 $44,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14229543

California Regional Multiple Listing Service (CRMLS)

APN: 6342-011-028