NOT LISTED FOR SALE

573 S Arizona Ave Los Angeles, CA 90022

Estimated Value: $727,000 - $881,000

4 Beds
3 Baths
2,015 Sq Ft
$407/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $726,000 $360 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,359/month

33 Days on Market

Highlights

  • Lawn
  • Bungalow
  • Gated Home
  • James A. Garfield Senior High School Rated A
  • 1-Story Property

About This Home

As of February 2023

TRIPLEX Great Investment, 1031 Exchange or Development Opportunity! Prime East Los Angeles location on a 7,719 sqft lot. Unit #1: VACANT- Front Unit is a detached 2 bedroom/ 1 bath, features hardwood floors and updated bathroom. Units #2 & #3: OCCUPIED- each 1 bedroom/1 bath. Unit #3 has been updated with flooring, kitchen, and newer appliances. All units have washer/dryer hook-ups. Gated driveway provides off-street parking for all units. Detached 2 car garage with a private yard behind the garage is an excellent potential for an ADU. The property is centrally located near the 710, 5 & 60 freeways. Easy access to the Metrolink, bus stops, Whittier Blvd., restaurants, schools, and shopping centers! General Inspection and Termite Reports provided in Docs. Please do not disturb tenants. Probate/Trust Sale. Property Sold As-Is. No credits nor repairs.

Last Agent to Sell the Property

Gail Reilly

Berkshire Hathaway HomeServices California Properties License #02042558 Listed on: 11/16/2022

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Joe Lupariello

Berkshire Hathaway HomeServices California Properties License #01942633

Last Buyer's Agent

Fernando Moreno

Century 21 A Better Service License #01086376

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,769

Year Built

  • Built in 1951

Lot Details

  • 7,680 Sq Ft Lot
  • Gated Home
  • Irregular Lot
  • Lawn
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Home Design

  • Bungalow
  • Cosmetic Repairs Needed

Interior Spaces

  • 2,015 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Overhead Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water, gardener
  • Assessor Parcel Number 5247-019-012

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,769

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Living Area: 2015
  • Lot Acreage: 0.1763
  • Probate: Yes
  • Property Condition: Repair Cosmetic
  • Year Built: 1951
  • Builders Tract Name: 4190
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dryer, Washer, Range/Oven, Refrigerator
  • Price Per S Q F T: 346.90

Exterior Features

  • Other Features: Rain Gutters
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Gated
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 67.84
  • Assessed Land Percent: 32.16
  • Assessor Parcel Number: 5247-019-012
  • Lot Description: Back Yard, Front Yard, Fenced, Curbs, Gutters, Lawn, Lot Shape-Irregular, Single Lot, Utilities - Overhead, Street Lighting, Street Concrete
  • Lot Size Area: 7680

Rental Info

  • Number Leased: 2
  • Court Approve: No
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Residential
  • Vacancy Rate: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Jan 20, 2023
Sold by
December 21 1990 Doroteo L Rojas Family
Bought by
Usv Revocable Living Trust
Seller's Agent
Gail Reilly
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Fernando Moreno
Century 21 A Better Service
List Price
$699,000
Sold Price
$726,000
Premium/Discount to List
$27,000
3.86%
Views
110
Current Estimated Value
$820,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,508
Avg. Annual Appreciation
4.94%
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
Usv Revocable Living Trust $726,000 California Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $726,000 +3.9% $360 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $699,000 -- $347 / 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 $10,769 $755,329 $529,563 $225,766
2024 $10,769 $740,520 $519,180 $221,340
2023 $5,384 $318,539 $163,356 $155,183
2022 $2,262 $66,019 $21,230 $44,789
2021 $2,228 $64,725 $20,814 $43,911
2020 $2,229 $64,062 $20,601 $43,461
2019 $2,190 $62,807 $20,198 $42,609
2018 $2,041 $61,576 $19,802 $41,774
2016 $1,957 $59,186 $19,034 $40,152
2015 $1,936 $58,298 $18,749 $39,549
2014 $1,948 $57,157 $18,382 $38,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-177067

The MLS

APN: 5247-019-012