NOT LISTED FOR SALE

5655 W Jefferson Blvd Los Angeles, CA 90016

West Adams Neighborhood

Estimated Value: $1,111,000 - $1,221,000

7 Beds
3 Baths
2,878 Sq Ft
$409/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $590,000 $205 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $7,018/month

20 Days on Market

About This Home

As of January 2014

Refurbished triplex conveniently located across the street from the La Cienega Boulevard Expo Line Station. This asset has an excellent unit mix that would be ideal for a first time investor as either owner/user or for investment purposes. Recent improvements to the freshly painted front house include new landscaping with sprinkler system, new flooring, new windows, tile kitchen and bath, copper plumbing, new electric, new stove and dishwasher. Roof is approximately 8 years old. Rear units are newly constructed (2013) with tiled kitchens and baths, refinished hardwood floors, handicap access ramp, new electric and new stoves. The property has individual hot water heaters and is inidividually metered for electric, master metered for gas. Separate two car garage plus five on-site parking spaces. Drive by only, please do not disturb tenants.

Last Agent to Sell the Property

Alan Wachman

Miller & Desatnik Realty Co. License #01047592 Listed on: 11/13/2013

Last Buyer's Agent

Alan Wachman

Miller & Desatnik Realty Co. License #01047592 Listed on: 11/13/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,996

Year Built

  • Built in 1948

Lot Details

  • 6,599 Sq Ft Lot

Interior Spaces

  • 2,878 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 7 Car Garage
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for gas, water
  • Assessor Parcel Number 5048-016-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,996

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2878
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 208.13

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage, Uncovered
  • Total Parking: 7

Utilities

  • Heating: Wall
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 102768
  • Assessed Land Value: 411072
  • Assessor Parcel Number: 5048-016-023
  • Geocode Override: No
  • Lot Size Area: 6599

Rental Info

  • Owner Pays: Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.10
  • Number Of Units: 3
  • Total Annual Expense: 12980
  • Type Of Units: Apartments
  • Vacancy Rate: $0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2013
Closed on
Feb 7, 2014
Sold by
Weinstein Jeremy
Bought by
Jeremy & Allie Weinstein Trust
Seller's Agent
Alan Wachman
Miller & Desatnik Realty Co.
Buyer's Agent
Alan Wachman
Miller & Desatnik Realty Co.
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$1,177,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,666
Avg. Annual Appreciation
6.09%
Original Mortgage
$442,500
Outstanding Balance
$334,831
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$842,835

Purchase Details

Listed on
Nov 13, 2013
Closed on
Jan 14, 2014
Sold by
Budget Finance Company
Bought by
Weinstein Jeremy and Weinstein Allie
Seller's Agent
Alan Wachman
Miller & Desatnik Realty Co.
Buyer's Agent
Alan Wachman
Miller & Desatnik Realty Co.
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Outstanding Balance
$334,831
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$842,835

Purchase Details

Closed on
Jun 23, 2009
Sold by
Hurtado Juan
Bought by
Budget Finance Company

Purchase Details

Closed on
Sep 15, 2008
Sold by
Hurtado Juan
Bought by
Xiao Yue Ming

Purchase Details

Closed on
Jun 3, 2005
Sold by
Hurtado Juan and Hurtado Maria Daysi
Bought by
Hurtado Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2004
Sold by
Hurtado Juan
Bought by
Hurtado Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
6.09%
Mortgage Type
New Conventional
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
Jeremy & Allie Weinstein Trust -- None Available
Weinstein Jeremy -- Orange Coast Title Company O
Budget Finance Company $136,735 Accommodation
Xiao Yue Ming $75,261 Accommodation
Hurtado Juan -- United Title Company Orange
Hurtado Juan -- Ctc
Hurtado Juan -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinstein Jeremy $442,500
Previous Owner Hurtado Juan $352,000
Previous Owner Hurtado Juan $277,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2014 01/31/14 Sold $590,000 -1.5% $205 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
11/13/2013 11/13/13 For Sale $599,000 -- $208 / Sq Ft
Source: The MLS

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 $8,996 $723,250 $506,277 $216,973
2024 $8,996 $709,069 $496,350 $212,719
2023 $8,827 $695,167 $486,618 $208,549
2022 $8,422 $681,537 $477,077 $204,460
2021 $8,309 $668,174 $467,723 $200,451
2019 $8,062 $648,357 $453,851 $194,506
2018 $7,962 $635,645 $444,952 $190,693
2016 $7,609 $610,964 $427,675 $183,289
2015 $7,499 $601,787 $421,251 $180,536
2014 $6,766 $526,494 $421,196 $105,298
Source: Public Records

Agents Affiliated with this Home

  • Alan Wachman

    Seller's Agent in 2014

    Alan Wachman

    Miller & Desatnik Realty Co.

    (310) 202-9166

    9 Total Sales

    Alan Wachman
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Map

Source: The MLS

MLS Number: 13-720543

The MLS

APN: 5048-016-023

California Los Angeles County Los Angeles 90016 West Adams

5655 W Jefferson Blvd, Los Angeles, CA

This home is located at 5655 W Jefferson Blvd, Los Angeles, CA 90016 since 13 November 2013 and is currently estimated at $1,177,666, approximately $409 per square foot. This property was built in 1948. 5655 W Jefferson Blvd is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

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