J
Seller's Agent in 2022
Juan Ochoa
Park Regency Realty
584 Cypress Ave Los Angeles, CA 90065
Cypress Park NeighborhoodEstimated Value: $984,434 - $1,035,000
4
Beds
2
Baths
2,232
Sq Ft
$448/Sq Ft
Est. Value
Highlights
- Laundry Room
- Abraham Lincoln High School Rated A
- Level Lot
About This Home
As of April 2022We welcome you to this unique opportunity. 3 units available in the beautiful neighborhood of Cypress Park in the city of Los Angeles. This Triplex consists of two downstairs - 1 Bedroom 1 bathroom mirror units; and a 3 Bedroom , 1 bathroom upstairs unit. Great opportunity to live in one of the units and rent the others to underwrite the mortgage. Property sits on a corner lot adjacent to the alley. All units have fully paid for energy efficient solar panels so utility bills should be significantly lower. A new roof was installed when solar was put in. All units are metered separately for electricity, gas, and water heaters. All units have window A/C units and fans. Newer windows. Recently painted exterior. Property has a 1 car garage. Highly walk score of 79; Meaning the location is very walkable so most daily errands can be accomplished on foot. Really close to downtown and conviniently located close the Dodger Stadium, Elysian Park, Hiking Trails.
Last Agent to Sell the Property
Juan Ochoa
Park Regency Realty License #01765133 Listed on: 01/21/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,952
Year Built
- Built in 1924
Lot Details
- 2,416 Sq Ft Lot
- 1 Common Wall
- Level Lot
Parking
- 1 Car Garage
Home Design
- Triplex
Interior Spaces
- 2,232 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Legal Lot and Block 38 / 3
- Tax Tract Number 1853
- Assessor Parcel Number 5446007027
- $362 per year additional tax assessments
Community Details
Overview
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $200
- Insurance Expense $100
- Trash Expense $60
- Water Sewer Expense $60
- Operating Expense $5,040
- Net Operating Income $72,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 2021
Sold by
Chun Flavio S
Bought by
The Paraiso Living Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$378,876
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$652,096
Purchase Details
Closed on
Sep 29, 2004
Sold by
Sang Peter Ming Sang and Cheng Wai Kuen C
Bought by
Chun Flavio S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Paraiso Living Trust | -- | None Available | |
| Chun Flavio S | $363,000 | Diversified Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chun Flavio S | $420,000 | |
| Previous Owner | Chun Flavio S | $406,000 | |
| Previous Owner | Chun Flavio S | $347,500 | |
| Previous Owner | Chun Flavio S | $363,500 | |
| Previous Owner | Chun Flavio S | $375,000 | |
| Previous Owner | Chun Flavio S | $290,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2022 04/05/22 | Sold | $925,000 | 0.0% | $414 / Sq Ft |
| 01/28/2022 01/28/22 | Off Market | $925,000 | -- | -- |
| 01/27/2022 01/27/22 | Pending | -- | -- | -- |
| 01/21/2022 01/21/22 | For Sale | $950,000 | -- | $426 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,952 | $962,370 | $723,078 | $239,292 |
| 2023 | $11,719 | $943,500 | $708,900 | $234,600 |
| 2022 | $5,863 | $476,789 | $302,099 | $174,690 |
| 2021 | $5,778 | $467,441 | $296,176 | $171,265 |
| 2020 | $5,830 | $462,649 | $293,140 | $169,509 |
| 2019 | $5,603 | $453,579 | $287,393 | $166,186 |
| 2018 | $5,543 | $444,686 | $281,758 | $162,928 |
| 2016 | $5,277 | $427,420 | $270,818 | $156,602 |
| 2015 | $5,200 | $421,001 | $266,751 | $154,250 |
| 2014 | $5,230 | $412,755 | $261,526 | $151,229 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kevin Lo
Buyer's Agent in 2022
Kevin Lo
COMPASS
(626) 833-8932
1 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22013090
APN: 5446-007-027
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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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