NOT LISTED FOR SALE

Estimated Value: $1,049,000 - $1,261,000

9 Beds
8 Baths
3,784 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $770,000 $203 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,755/month

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Central Heating
  • No HOA
  • Tile Flooring
  • Turnkey

About This Home

As of July 2018

ONE OF A KIND TRIPLEX INVESTOR DELIGHT UNIT 1 3BEDROMM 2BATHROOM, UNIT 2 3BEDROOM 3BATHROOM, UNIT 3, 3BEDROOM 3BATHROOM. REMODELED FEW YEARS AGO, A NEW ADDITION ON THE FRONT UNIT, GREAT PAYING TENANTS. ALL UNITS HAVE MASTER BEDROOMS, LARGE LIVING ROOMS, NICE SIZE BEDROOMS, LAUNDRY ROOMS ON ALL UNITS, PLENTY OF PARKING, TWO UNITS HAVE TWO MASTER BEDROOMS. LOW MAINTENACE.

Last Agent to Sell the Property

Eduardo Morales

Big Block Powerhouse Realty License #01774758 Listed on: 06/19/2018

Last Buyer's Agent

Eduardo Morales

Big Block Powerhouse Realty License #01774758 Listed on: 06/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,654

Year Built

  • Built in 1923

Lot Details

  • 7,001 Sq Ft Lot
  • Two or More Common Walls
  • Southeast Facing Home
  • Density is up to 1 Unit/Acre
  • Land Lease

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,784 Sq Ft Home
  • Triplex
  • Turnkey
  • Additions or Alterations

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Heating
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 267
  • Tax Tract Number 2377
  • Assessor Parcel Number 6020017005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $180
  • Gardener Expense $600
  • Insurance Expense $1,000
  • Trash Expense $240
  • Water Sewer Expense $3,411
  • New Taxes Expense $3,500
  • Operating Expense $8,931
  • Net Operating Income $64,845

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,654

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3411.00
  • Zoning: LARD2
  • Property Condition: Additions/Alterations, Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6020017005
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 203.49
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Direction Faces: Southeast
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Individual Room, Inside, Stackable
  • Sewer: Private Sewer
  • Trash Expense: 240.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Association #2 Fee Frequency: Annually
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Land Lease Amount Frequency: Monthly
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7001.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 180.00
  • Gross Scheduled Income: 67740.00
  • Insurance Expense: 1000.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 64845.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2895.00
  • Rent Control: Yes
  • Total Expenses: 8931.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Census Tract: 2377.20
  • Tax Lot: 267
  • Tax Tract Number: 2377

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jul 17, 2018
Sold by
South La Project Llc
Bought by
Chan Chris and Sophalla Sophalla
Seller's Agent
Eduardo Morales
Big Block Powerhouse Realty
Buyer's Agent
Eduardo Morales
Big Block Powerhouse Realty
List Price
$769,000
Sold Price
$770,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,120,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,916
Avg. Annual Appreciation
5.32%
Original Mortgage
$539,000
Outstanding Balance
$468,157
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$652,759

Purchase Details

Closed on
Oct 8, 2014
Sold by
Lagatta Partners Iii Llc
Bought by
South La Project Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,590,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2011
Sold by
The Brookmore Lp
Bought by
Lagatta Partners Iii Llc

Purchase Details

Closed on
Aug 24, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
The Brookmore Lp

Purchase Details

Closed on
Jun 24, 2010
Sold by
Soria Guadencio
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 12, 2005
Sold by
Golden Pacific Homes
Bought by
Soria Gaudencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2004
Sold by
Chavez Gaudencio Soria
Bought by
Golden Pacific Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Hud
Bought by
Soria Guadencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2003
Sold by
Bliven Sirko Denise C
Bought by
Hud

Purchase Details

Closed on
Apr 5, 2002
Sold by
Jimenez Luis
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 8, 2000
Sold by
Operation Second Choice Inc
Bought by
Jimenez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,046
Interest Rate
8.55%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 1999
Sold by
Hud
Bought by
Operation Second Choice Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,700
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 1999
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Jun 19, 1998
Sold by
Mendoza Heriberto and Contreras Ana L
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Apr 2, 1996
Sold by
Miller John Charles
Bought by
Mendoza Heriberto and Contreras Ana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,931
Interest Rate
8.07%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1996
Sold by
Preston Dorothy M and Thompson Harry L
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Chan Chris $770,000 Lawyers Title
South La Project Llc -- Ticor Title Of Nevada Inc
Lagatta Partners Iii Llc -- None Available
The Brookmore Lp $203,500 Ticor Title
Federal Home Loan Mortgage Corporation $468,986 Accommodation
Soria Gaudencio -- Ticor Title Co Glendale
Golden Pacific Homes -- --
Soria Guadencio $355,000 --
Hud -- --
Citimortgage Inc $260,887 First American Title Co
Jimenez Luis $239,000 Provident Title
Operation Second Choice Inc $135,000 --
Hud $190,573 --
Homeside Lending Inc $190,573 --
Mendoza Heriberto $186,000 Equity Title Company
Miller John Charles $90,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Chris $539,000
Previous Owner South La Project Llc $1,590,000
Previous Owner Soria Gaudencio $408,000
Previous Owner Soria Guadencio $337,250
Previous Owner Jimenez Luis $237,046
Previous Owner Operation Second Choice Inc $202,700
Previous Owner Mendoza Heriberto $180,931
Previous Owner Miller John Charles $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $770,000 +0.1% $203 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $769,000 -- $203 / 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 $10,654 $858,945 $401,585 $457,360
2024 $10,654 $842,104 $393,711 $448,393
2023 $10,457 $825,593 $385,992 $439,601
2022 $9,985 $809,406 $378,424 $430,982
2021 $9,846 $793,536 $371,004 $422,532
2020 $9,941 $785,400 $367,200 $418,200
2019 $9,558 $770,000 $360,000 $410,000
2018 $5,324 $410,172 $187,662 $222,510
2016 $5,061 $394,247 $180,376 $213,871
2015 $4,991 $388,326 $177,667 $210,659
2014 $5,028 $380,720 $174,187 $206,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18146590

California Regional Multiple Listing Service (CRMLS)

APN: 6020-017-005