NOT LISTED FOR SALE

Estimated Value: $910,000 - $1,001,078

7 Beds
5 Baths
3,505 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $900,000 $257 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,313/month

15 Days on Market

Highlights

  • Property is near a park
  • Neighborhood Views
  • Park
  • Corner Lot
  • Balcony
  • 3-minute walk to Jackie Tatum / Harvard Park and Recreation Center

About This Home

As of March 2023

These 4 Large units boast 3505 sq ft of Livng Space, consist of a 4 bedroom 2 bath, Three 1 bedroom 1 bath units each appoximtely 700 sq ft in living space ,5 Car Garages and on site Laundry room on a 5869 corner lot. . Quadruplex is made up of three residential buildings with Stunning curb appeal and drought tolerant landscape diagonal to the coveted Jackie Tatum/Harvards Baseball field . The 4 bedroom 2 bath unit sits over the 5 Car garage , each tenant has access to 1 car gargae while leaving 1 garage VACANT. This Garage conveniently faces the alley and shares a common wall with the Laundry room making it a potential space for an ADU ! The middle 2 Story building feautures a 1 bedroom 1 bath on the Top and Bottom level and the Single Level building at Front facing 62nd street is a Large 1 bedroom 1 bath House .Property is Zoned R3 and Located in a Tier 1 Opportunity Zone . Incredible opportunity to own half the block at Harvard blvd. wit HUGE Upside rent potential in a strong rental market while presently collecting good rents. Location is 2 miles away from Hyde Park , 1 mile away from the 110 Freeway, min away from the iconic Sofi Stadium,Down Town LA,Crypto arena, Banc of California Stadium and USC . Thee Perfect Buy and Hold property or 1031 Up-Leg Exchange

Last Agent to Sell the Property

Josephine San Lucas

KELLER WILLIAMS LARCHMONT License #01308257 Listed on: 02/06/2023

KELLER WILLIAMS LARCHMONT

Last Buyer's Agent

Ramon Chavez

Dreamwork Realty Inc. License #00938353

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,559

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 5,869 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Chain Link Fence
  • Fence is in average condition
  • Corner Lot
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,505 Sq Ft Home
  • Window Screens
  • Neighborhood Views
  • Gas Range
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer
  • Tax Lot 32
  • Tax Tract Number 5687
  • Assessor Parcel Number 6002029026
  • $547 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $231
  • New Taxes Expense $10,208
  • Operating Expense $14,785
  • Gross Income $64,248
  • Net Operating Income $64,248

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,559

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Price Per Unit: 220000
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • View: Yes
  • Water Sewer Expenses: 231.00
  • Zoning: LAR3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6002029026
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 256.78
  • Window Features: Screens

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Off Street
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 5869.00
  • Lot Size Acres: 0.1347

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Gross Income: 64248.00
  • Gross Scheduled Income: 64248.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 5869.0000 Square Feet
  • Net Operating Income: 64248.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 14785.00
  • Rent Control: Yes
  • Total Expenses: 14785.00

Tax Info

  • New Taxes Expense: 10208.00
  • Tax Census Tract: 2372.02
  • Tax Lot: 32
  • Tax Tract Number: 5687
  • TaxOtherAnnualAssessmentAmount: 547.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 14, 2023
Sold by
Sanchez Cristina Isabel
Bought by
Sanchez Victor Manuel
Seller's Agent
Josephine San Lucas
KELLER WILLIAMS LARCHMONT
Buyer's Agent
Ramon Chavez
Dreamwork Realty Inc.
List Price
$880,000
Sold Price
$900,000
Premium/Discount to List
$20,000
2.27%
Views
96
Current Estimated Value
$966,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,020
Avg. Annual Appreciation
3.51%
Original Mortgage
$630,000
Outstanding Balance
$613,702
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$361,659

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 7, 2023
Sold by
Gamboa Family Trust
Bought by
Sanchez Victor Manuel
Seller's Agent
Josephine San Lucas
KELLER WILLIAMS LARCHMONT
Buyer's Agent
Ramon Chavez
Dreamwork Realty Inc.
List Price
$880,000
Sold Price
$900,000
Premium/Discount to List
$20,000
2.27%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$613,702
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$361,659

Purchase Details

Closed on
Jul 6, 2020
Sold by
Gamboa Salvador and Gamboa Carolina
Bought by
Gamboa Salvador and Gamboa Carolina

Purchase Details

Closed on
Mar 12, 2019
Sold by
Gamboa Salvador and Gamboa Carolina
Bought by
Gamboa Salvador and Gamboa Carolina

Purchase Details

Closed on
Aug 16, 2012
Sold by
Gamboa Salvador and Gamboa Carolina
Bought by
Gamboa Salvador and Gamboa Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2010
Sold by
Wells Fargo Bank Na
Bought by
Gamboa Salvador and Gamboa Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,930
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2010
Sold by
Fremont Investment & Loan
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,930
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2007
Sold by
Nolasco Felix
Bought by
Fremont Investment & Loan

Purchase Details

Closed on
Jul 26, 2006
Sold by
Orantes Marta
Bought by
Nolasco Felix G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 20, 2006
Sold by
Belteton Claudia Ninet
Bought by
Nolasco Felix G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 13, 2005
Sold by
Jervis Roy A
Bought by
Belteton Claudia Ninet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2003
Sold by
Castillo Basil and Martinez Apolonio
Bought by
Jervis Roy A

Purchase Details

Closed on
Oct 4, 1999
Sold by
Ibarra Rene
Bought by
Garcia Basil and Martinez Apolonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,670
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 1999
Sold by
Ibarra Rosie M
Bought by
Ibarra Rene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,670
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1999
Sold by
Cappello Maryann and Glendale Federal Bank
Bought by
Ibarra Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 21, 1999
Sold by
Flores Angela
Bought by
Ira Cappello Maryann and Ira Gloria Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 10, 1999
Sold by
Revamp Inc
Bought by
Ferguson Howard T and Jaguar Rehab & Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 1999
Sold by
Flores Angela
Bought by
Ryan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 1998
Sold by
First Federal Bank Of California
Bought by
Flores Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.06%

Purchase Details

Closed on
May 12, 1998
Sold by
Stansel Robert and Stansel Andrea E
Bought by
First Federal Bank Of California

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.06%
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
Sanchez Victor Manuel -- Wfg National Title
Sanchez Victor Manuel $900,000 Wfg National Title
Gamboa Salvador -- None Available
Gamboa Salvador -- None Available
Gamboa Salvador -- First American Title Company
Gamboa Salvador $330,000 First American Title Ins Co
Wells Fargo Bank Na -- First American Title Company
Fremont Investment & Loan $603,995 Accommodation
Nolasco Felix G -- Transunion Title & Escrow Of
Nolasco Felix G $630,000 Transunion Title & Escrow Of
Belteton Claudia Ninet $455,000 Fidelity National Title Co
Jervis Roy A -- --
Garcia Basil $285,000 Commonwealth Land Title Co
Ibarra Rene M -- American Title Co
Ibarra Rene $180,000 American Title Co
Ira Cappello Maryann $172,733 Chicago Title Co
Ferguson Howard T -- --
Ryan Trust -- --
Flores Angela $175,000 Equity Title
First Federal Bank Of California $159,997 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Victor Manuel $630,000
Previous Owner Gamboa Salvador $230,000
Previous Owner Gamboa Salvador $230,930
Previous Owner Nolasco Felix G $31,500
Previous Owner Nolasco Felix G $567,000
Previous Owner Nolasco Felix G $567,000
Previous Owner Belteton Claudia Ninet $136,108
Previous Owner Belteton Claudia Ninet $364,000
Previous Owner Garcia Basil $282,670
Previous Owner Ibarra Rene $180,000
Previous Owner Flores Angela $5,000
Previous Owner Flores Angela $168,000
Closed Ibarra Rene $30,000
Closed Belteton Claudia Ninet $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $900,000 +2.3% $257 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $880,000 -- $251 / 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
2024 $11,559 $918,000 $714,000 $204,000
2023 $5,461 $409,416 $223,317 $186,099
2022 $5,225 $401,389 $218,939 $182,450
2021 $5,142 $393,520 $214,647 $178,873
2019 $4,998 $381,850 $208,282 $173,568
2018 $4,875 $374,364 $204,199 $170,165
2016 $4,634 $359,829 $196,271 $163,558
2015 $4,570 $354,425 $193,323 $161,102
2014 $4,605 $347,484 $189,537 $157,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB23020769

California Regional Multiple Listing Service (CRMLS)

APN: 6002-029-026