NOT LISTED FOR SALE

628 N Occidental Blvd Los Angeles, CA 90026

Estimated Value: $1,072,700 - $1,307,000

4 Beds
3 Baths
2,072 Sq Ft
$581/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $963,000 $465 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,421/month

80 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Central Heating
  • Up Slope from Street
  • Landscaped
  • Chain Link Fence

About This Home

As of November 2021

Located in the heart of Silverlake! This is a great investment opportunity in a highly desired trendy community of Silverlake. Conveniently located close to shops, entertainment and freeways. This is a 3 unit building with 3 parking spaces and is well under market!!

Last Agent to Sell the Property

Jeanet Salazar

J A T S Enterprises, Inc. License #01473287 Listed on: 08/02/2021

Co-Listed By

Sonia Aldana

RE/MAX Select One License #01519162

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,421

Year Built

  • Built in 1923

Lot Details

  • 5,689 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Stucco Fence
  • Landscaped
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Up Slope from Street

Home Design

  • 2,072 Sq Ft Home
  • Triplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Location

  • Property is near public transit

Utilities

  • Central Heating
  • Overhead Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 5402006015

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,733
  • Operating Expense $19,995
  • Gross Income $78,000
  • Net Operating Income $58,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,421

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 3233563638
  • Price Per Unit: 399667
  • Property Attached: No
  • View: No
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5402006015
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 464.77

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Stucco Wall
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Near Public Transit, Up Slope from Street, Utilities - Overhead
  • Lot Size Sq Ft: 5689.00
  • Lot Size Acres: 0.1306

Multi Family

  • Gross Income: 78000.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 1733.00
  • Lot Size Area: 5689.0000 Square Feet
  • Net Operating Income: 58000.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 19995.00
  • Operating Expense Percent: 25.00
  • Rent Control: Yes
  • Total Expenses: 19995.00

Tax Info

  • Tax Census Tract: 1958.04
  • Tax Lot: 14
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Nov 23, 2021
Sold by
Inoubli Naouriz
Bought by
Muhammad Farid
Seller's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
Buyer's Agent
Sonia Aldana
NextHome Lincoln Way
List Price
$1,199,000
Sold Price
$963,000
Premium/Discount to List
-$236,000
-19.68%
Current Estimated Value
$1,204,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,425
Avg. Annual Appreciation
5.94%
Original Mortgage
$0
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 28, 2021
Sold by
Brito House Trust and Brito House Trust
Bought by
Muhammad Farid
Seller's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
Buyer's Agent
Sonia Aldana
NextHome Lincoln Way
List Price
$1,199,000
Sold Price
$963,000
Premium/Discount to List
-$236,000
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2015
Sold by
Brito Reinaldo R and Brito Oilda H
Bought by
Brito Ricardo and Brito House Trust

Purchase Details

Closed on
Jul 18, 1995
Sold by
Brito Reinaldo and Brito Olida
Bought by
Brito Reinaldo R and Brito Oilda H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Muhammad Farid -- Fidelity National Title
Muhammad Farid $963,000 Fidelity National Title
Brito Ricardo -- None Available
Brito Reinaldo R -- None Available
Brito Reinaldo R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Muhammad Farid $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $963,000 -19.7% $465 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $1,199,000 +23.6% $579 / Sq Ft
10/09/2021 10/09/21 Price Changed $970,000 -19.0% $468 / Sq Ft
08/13/2021 08/13/21 Price Changed $1,198,000 -0.1% $578 / Sq Ft
08/02/2021 08/02/21 For Sale $1,199,000 -- $579 / 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 $12,421 $1,021,942 $767,253 $254,689
2024 $12,421 $1,001,905 $752,209 $249,696
2023 $12,182 $982,260 $737,460 $244,800
2022 $11,619 $963,000 $723,000 $240,000
2021 $1,079 $59,514 $25,342 $34,172
2020 $1,082 $58,905 $25,083 $33,822
2019 $1,054 $57,751 $24,592 $33,159
2018 $971 $56,619 $24,110 $32,509
2016 $907 $54,423 $23,175 $31,248
2015 $898 $53,606 $22,827 $30,779
2014 $922 $52,557 $22,380 $30,177
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21169474

California Regional Multiple Listing Service (CRMLS)

APN: 5402-006-015