NOT LISTED FOR SALE

5812 E Olympic Blvd Los Angeles, CA 90022

Estimated Value: $741,863

2 Beds
3 Baths
3,540 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 07, 2015

Last sale price $390,000 $110 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,936/month

1 Day on Market

Highlights

  • Property is near public transit
  • No HOA
  • Wood Siding
  • Traditional Architecture
  • 3 Car Garage
  • Wall Furnace

About This Home

As of October 2015

Lender owned. Last sold for 475K in 2014. 3540 sq. ft. building on 46 x 100 street to alley C3 lot. Originally house in front + warehouse in back. Currently 1 unit, 3 car garage + 3 gated spaces, kitchen, 3 baths. 2 minutes from confluence of 710 & 5. This property is the dividing line between a miles-long SFR tract to the east and north and the all-industrial City of Commerce to the west and south. Zillow predicts 7.1% appreciation here next year. OWC 1st TD: 20% down, 10% interest, 2 pts, for 2 years. (Enough time for buyer to rehab and refi.)

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 09/23/2015

Last Buyer's Agent

Ludwig Parsamian

City Center Realty Group License #01807802

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,102

Year Built

  • Built in 1950

Lot Details

  • 4,592 Sq Ft Lot
  • Lot Dimensions are 46 x 100
  • Property fronts an alley
  • No Common Walls
  • Chain Link Fence

Parking

  • 3 Car Garage
  • Parking Available
  • Uncovered Parking

Home Design

  • Traditional Architecture
  • Major Repairs Completed
  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,540 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 427
  • Tax Tract Number 8366
  • Assessor Parcel Number 6338030022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,102

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • View: No
  • Zoning: LCC3*
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Major
  • Property Type: Residential Income
  • Parcel Number: 6338030022
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 110.17

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size: 46 x 100
  • Lot Size Sq Ft: 4592.00
  • Price Per Lot Square Foot: 84.93
  • Lot Size Acres: 0.1050

Multi Family

  • Lot Size Area: 4592.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 427
  • Tax Tract Number: 8366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2022
Sold by
Albert Tovmasyan
Bought by
Massian Edgar
Current Estimated Value
$741,863

Purchase Details

Closed on
Apr 13, 2018
Sold by
Tovmasyan Albert and Massian Edgar
Bought by
Tovmasyan Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2016
Sold by
Tovmasyan Albert
Bought by
Tovmasyan Albert and Massian Edgar

Purchase Details

Listed on
Sep 23, 2015
Closed on
Sep 1, 2015
Sold by
Ok Llc
Bought by
Tovmasyan Albert
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Ludwig Parsamian
City Center Realty Group
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$253,500
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2015
Sold by
Hernandez Juan Francisco N
Bought by
Ok Llc

Purchase Details

Closed on
Jan 17, 2015
Sold by
Hernandez Juan Francisco N
Bought by
Hernandez Juan Francisco N and Navarro Oscar

Purchase Details

Closed on
Apr 28, 2014
Sold by
Figueroa Fredy H
Bought by
Hernandez Juan Francisco N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.28%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 15, 2013
Sold by
Navarro Francisco
Bought by
Figueroa Fredy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2013
Sold by
Navarro Oscar
Bought by
Navarro Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2012
Sold by
Navarro Francisco
Bought by
Navarro Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2005
Sold by
Navarro Eva
Bought by
Navarro Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2000
Sold by
Yamauchi Katsuko
Bought by
Navarro Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.96%
Mortgage Type
Commercial
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
Massian Edgar -- None Listed On Document
Tovmasyan Albert -- None Listed On Document
Tovmasyan Albert -- Stewart Title Of California
Tovmasyan Albert -- Accommodation
Tovmasyan Albert $390,000 Fidelity Sherman Oaks
Ok Llc $445,665 Accommodation
Hernandez Juan Francisco N -- None Available
Hernandez Juan Francisco N $475,000 Nations Title Company Of Ca
Figueroa Fredy H $450,000 Old Republic Title Company
Navarro Francisco -- None Available
Navarro Oscar -- None Available
Navarro Francisco -- Ort
Navarro Francisco $171,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massian Edgar $395,000
Previous Owner Tovmasyan Albert $80,000
Previous Owner Tovmasyan Albert $395,000
Previous Owner Tovmasyan Albert $253,500
Previous Owner Hernandez Juan Francisco N $380,000
Previous Owner Figueroa Fredy H $35,000
Previous Owner Figueroa Fredy H $270,000
Previous Owner Navarro Francisco $1,150
Previous Owner Navarro Francisco $4,500
Previous Owner Navarro Francisco $1,000
Previous Owner Navarro Francisco $328,000
Previous Owner Navarro Francisco $192,000
Previous Owner Navarro Francisco $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $390,000 0.0% $110 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $390,000 -- $110 / 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 $11,102 $768,313 $403,259 $365,054
2024 $11,102 $753,249 $395,352 $357,897
2023 $7,647 $443,746 $226,424 $217,322
2022 $7,434 $435,046 $221,985 $213,061
2021 $7,216 $426,517 $217,633 $208,884
2019 $6,994 $413,869 $211,179 $202,690
2018 $7,051 $405,755 $207,039 $198,716
2016 $6,718 $390,000 $199,000 $191,000
2015 $7,535 $484,490 $246,835 $237,655
2014 $7,140 $452,042 $222,003 $230,039
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Leo Nordine

    Nordine Realtors, Inc.

    Section Image

  • L

    Buyer's Agent in 2015

    Ludwig Parsamian

    City Center Realty Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15209888

California Regional Multiple Listing Service (CRMLS)

APN: 6338-030-022

California Los Angeles County Los Angeles 90022

5812 E Olympic Blvd, Los Angeles, CA

This home is located at 5812 E Olympic Blvd, Los Angeles, CA 90022 since 23 September 2015 and is currently estimated at $741,863, approximately $209 per square foot. This property was built in 1950. 5812 E Olympic Blvd is a home located in Los Angeles County with nearby schools including Montebello Park Elementary School, Eastmont Intermediate School, and Schurr High School.

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

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