NOT LISTED FOR SALE

630 E 42nd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $688,381 - $849,000

6 Beds
4 Baths
2,318 Sq Ft
$332/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $390,000 $168 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,780/month

16 Days on Market

About This Home

As of December 2016

Looking for cash offers only. Great value add investment opportunity. Two buildings, front structure approximately 2,318 sqft, and rear structure approximately 572 sqft. Ample parking with alley access. Most tenants are long term and have always paid rent on time. Seller is doing a 1031 exchange and needs sold ASAP.

Last Agent to Sell the Property

Jeff Brandolino

Brandolino Group, Inc. License #01259914 Listed on: 11/14/2016

Last Buyer's Agent

Armin Soleimani

Global Platinum Properties, Inc. License #01846872

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 5,613 Sq Ft Lot

Interior Spaces

  • 2,318 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Auto Driveway Gate

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5115-006-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2318
  • Stories: 2
  • Year Built: 1908
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 180.76

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 5

Lot Info

  • Assessed Improvement Value: 136298
  • Assessed Land Value: 136298
  • Assessor Parcel Number: 5115-006-007
  • Geocode Override: No
  • Lot Size Area: 5613

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 42000.00
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: Multi-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Beverly Glen Property Llc
Bought by
Salehian Shahram and Salehian Mehrnoosh
Current Estimated Value
$768,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,642
Outstanding Balance
$498,892
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$269,799

Purchase Details

Listed on
Nov 14, 2016
Closed on
Dec 2, 2016
Sold by
Scv Property Holdings Llc
Bought by
Beverly Glen Property Llc
Seller's Agent
Jeff Brandolino
Brandolino Group, Inc.
Buyer's Agent
Armin Soleimani
Global Platinum Properties, Inc.
List Price
$429,000
Sold Price
$390,000
Premium/Discount to List
-$39,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
May 7, 2010
Sold by
Tbb Valley Investments Llc
Bought by
Scv Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2010
Sold by
Tbb Valley Investments Llc
Bought by
Tbb Valley Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2009
Sold by
Herod Patrice
Bought by
Tbb Valley Investment Llc

Purchase Details

Closed on
Jan 26, 2001
Sold by
Ayala Saturnino
Bought by
Herod Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Salehian Shahram $580,000 North American Title
Beverly Glen Property Llc $390,000 Orange Coast Title Co Socal
Scv Property Holdings Llc -- None Available
Tbb Valley Investments Llc -- Lawyers Title
Tbb Valley Investment Llc $140,400 None Available
Herod Patrice $215,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salehian Shahram $560,642
Previous Owner Tbb Valley Investments Llc $140,000
Previous Owner Herod Patrice $211,678
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2016 12/14/16 Sold $390,000 -9.1% $168 / Sq Ft
11/14/2016 11/14/16 For Sale $429,000 -- $185 / Sq Ft
Source: The MLS

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 $9,126 $703,579 $324,729 $378,850
2024 $9,126 $689,784 $318,362 $371,422
2023 $8,962 $676,260 $312,120 $364,140
2022 $8,227 $663,000 $306,000 $357,000
2021 $9,551 $772,000 $347,000 $425,000
2020 $5,427 $413,870 $201,629 $212,241
2019 $5,225 $405,756 $197,676 $208,080
2018 $5,124 $397,800 $193,800 $204,000
2016 $3,568 $272,596 $136,298 $136,298
2015 $3,520 $268,502 $134,251 $134,251
2014 $3,557 $263,244 $131,622 $131,622
Source: Public Records

Agents Affiliated with this Home

  • Jeff Brandolino

    Seller's Agent in 2016

    Jeff Brandolino

    Brandolino Group, Inc.

    (661) 510-9770

    189 Total Sales

    Jeff Brandolino
    Section Image
  • Armin Soleimani

    Buyer's Agent in 2016

    Armin Soleimani

    Global Platinum Properties, Inc.

    (310) 666-2246

    1 in this area

    66 Total Sales

    Armin Soleimani
    Section Image
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Map

Source: The MLS

MLS Number: 16-180118

The MLS

APN: 5115-006-007

California Los Angeles County Los Angeles 90011 Historic South Central

630 E 42nd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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