NOT LISTED FOR SALE

Estimated Value: $629,000 - $888,000

3 Beds
3 Baths
1,452 Sq Ft
$503/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $545,000 $375 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,470/month

About This Home

As of May 2020

Clean, very well-kept triplex in the heart of Los Angeles near new stadium location. Great curb appeal centrally located to DTLA, USC, etc. All units offer: tile flooring in kitchen and bathrooms, stainless steel double kitchen sinks, upgraded natural wood kitchen cabinets, wall heating thermostatically controlled, steel security doors both in front & rear. Plenty of spacious parking in the rear. Do Not Disturb Tenants. Below market rents, healthy upside.

Last Agent to Sell the Property

Anthony Accardo

Compass License #01863340 Listed on: 06/12/2020

Compass

Co-Listed By

John Accardo

Compass License #01466402

Last Buyer's Agent

Danny Mahelka

Coldwell Banker Realty License #01170359

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,347

Year Built

  • Built in 1949

Lot Details

  • 4,805 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,452 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 18 / 3
  • Tax Tract Number 6581
  • Assessor Parcel Number 6001011018

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $712
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,300
  • Operating Expense $7,812
  • Gross Income $35,964
  • Net Operating Income $29,995

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,347

Year Built

Built in 1949

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6001011018
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 375.34

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4805.00
  • Lot Size Acres: 0.1103

Multi Family

  • Gross Income: 35964.00
  • Gross Scheduled Income: 35964.00
  • Insurance Expense: 712.00
  • Lot Size Area: 4805.0000 Square Feet
  • Net Operating Income: 29995.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5969.00
  • Rent Control: Yes
  • Total Expenses: 7812.00

Tax Info

  • New Taxes Expense: 5300.00
  • Tax Block: 3
  • Tax Census Tract: 2372.02
  • Tax Lot: 18
  • Tax Tract Number: 6581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
May 2, 2020
Sold by
Donaldson Frank W and Donaldson Amelia D
Bought by
Davis Lee Anthony and Davis Airrika Delgardo
Seller's Agent
Anthony Accardo
Compass
Buyer's Agent
Danny Mahelka
Coldwell Banker Realty
List Price
$559,000
Sold Price
$545,000
Premium/Discount to List
-$14,000
-2.5%
Current Estimated Value
$730,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,465
Avg. Annual Appreciation
5.67%
Original Mortgage
$408,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2020
Sold by
Donaldson Frank W
Bought by
Donaldson Frank W and Donaldson Amelia D

Purchase Details

Closed on
Mar 16, 2001
Sold by
Starks Isiah
Bought by
Donaldson Frank W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,040
Interest Rate
6.97%
Mortgage Type
VA
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
Davis Lee Anthony $545,000 Wfg National Title Company
Donaldson Frank W -- None Available
Donaldson Frank W $152,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Lee Anthony $408,750
Closed Davis Lee Anthony $408,750
Previous Owner Donaldson Frank W $315,000
Previous Owner Donaldson Frank W $204,500
Previous Owner Donaldson Frank W $208,000
Previous Owner Donaldson Frank W $161,497
Previous Owner Donaldson Frank W $155,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 For Sale $559,000 +2.6% $385 / Sq Ft
05/29/2020 05/29/20 Sold $545,000 -- $375 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
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 $7,347 $596,032 $546,820 $49,212
2024 $7,347 $584,347 $536,099 $48,248
2023 $7,211 $572,890 $525,588 $47,302
2022 $6,886 $561,658 $515,283 $46,375
2021 $6,797 $550,646 $505,180 $45,466
2020 $2,836 $209,410 $157,063 $52,347
2019 $2,734 $205,305 $153,984 $51,321
2018 $2,651 $201,280 $150,965 $50,315
2016 $2,528 $193,465 $145,103 $48,362
2015 $2,494 $190,560 $142,924 $47,636
2014 $2,524 $186,828 $140,125 $46,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20113182

California Regional Multiple Listing Service (CRMLS)

APN: 6001-011-018