NOT LISTED FOR SALE

632 N Cummings St Los Angeles, CA 90033

Estimated Value: $1,159,000 - $1,560,000

12 Beds
4 Baths
5,734 Sq Ft
$246/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $860,000 $150 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,769/month

2 Days on Market

About This Home

As of February 2017

* Huge Four Unit Complex in the Heart of Boyle Heights * Great Deal with tons of Potential!!! This 4 Spanish Style Quadruplex Features (2) second floor units with high arched ceilings, Each unit has a separate living room and dining area, laundry room and 1 car garage for each unit + offsite parking. Windows all around the building and one unit has its own balcony. Excellent Rental Area located near Schools, Restaurants, Parks, Public Transportation. Close to all major Freeways and minutes away from Downtown. A must see!!!

Last Agent to Sell the Property

GUSTAVO BANUELOS

GBCASAS-REAL ESTATE EXPERTS License #01196336 Listed on: 01/23/2017

Last Buyer's Agent

GUSTAVO BANUELOS

GBCASAS-REAL ESTATE EXPERTS License #01196336 Listed on: 01/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,072

Year Built

  • Built in 1929

Lot Details

  • 5,187 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Parking

  • 4 Car Garage

Home Design

  • 5,734 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 5175027019

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Net Operating Income $51,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,072

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5175027019
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 149.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 5187.00

Multi Family

  • Gross Scheduled Income: 68612.00
  • Net Operating Income: 51408.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 17204.00
  • Rent Control: Yes
  • Total Actual Rent: 5714.37

Tax Info

  • Tax Census Tract: 2036.00
  • Tax Lot: 38
  • Tax Tract Number: unknow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Jan 26, 2017
Sold by
Rabino Oscar Ba
Bought by
Adaptive Micro Llc
Seller's Agent
GUSTAVO BANUELOS
GBCASAS-REAL ESTATE EXPERTS
Buyer's Agent
GUSTAVO BANUELOS
GBCASAS-REAL ESTATE EXPERTS
List Price
$859,900
Sold Price
$860,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$1,409,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,547
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Oct 24, 2012
Sold by
Barabino Estrella Amparo
Bought by
Barabino Oscar and Barabino Estrella Amparo

Purchase Details

Closed on
Oct 11, 2006
Sold by
Barabino Oscar
Bought by
Barabino Estrella Amparo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 6, 2006
Sold by
Arroyo Avenue Investments
Bought by
Barabino Estrella Amparo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 17, 2005
Sold by
Gonzalez Alexis
Bought by
Arroyo Avenue Investments Inc

Purchase Details

Closed on
Dec 12, 2002
Sold by
Lopez Maria and Chavarin Fernando
Bought by
Gonzalez Alexis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
7.25%

Purchase Details

Closed on
Jan 17, 1997
Sold by
Richardson Dan T
Bought by
Lopez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,676
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 1996
Sold by
Henderson Dvora
Bought by
Richardson Dan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

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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
Adaptive Micro Llc $860,000 None Available
Barabino Oscar -- None Available
Barabino Estrella Amparo -- North American Title Co
Barabino Estrella Amparo $750,000 North American Title Co
Arroyo Avenue Investments Inc -- --
Gonzalez Alexis D $325,000 United Title Company
Lopez Maria $320,000 Fidelity National Title Co
Richardson Dan T $126,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adaptive Micro Llc $1,025,000
Previous Owner Barabino Estrella Amparo $125,000
Previous Owner Barabino Estrella Amparo $600,000
Previous Owner Gonzalez Alexis D $500,000
Previous Owner Gonzalez Alexis D $94,000
Previous Owner Gonzalez Alexis D $100,000
Previous Owner Gonzalez Alexis D $276,250
Previous Owner Chavarin Fernando $303,682
Previous Owner Lopez Maria $305,676
Previous Owner Richardson Dan T $87,000
Closed Richardson Dan T $80,000
Closed Gonzalez Alexis D $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2017 02/14/17 Sold $860,000 0.0% $150 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $859,900 -- $150 / 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 $13,072 $1,052,317 $580,292 $472,025
2024 $13,072 $1,031,684 $568,914 $462,770
2023 $12,827 $1,011,456 $557,759 $453,697
2022 $12,242 $991,624 $546,823 $444,801
2021 $12,066 $972,181 $536,101 $436,080
2019 $11,712 $943,347 $520,200 $423,147
2018 $11,589 $924,850 $510,000 $414,850
2016 $10,471 $848,824 $509,295 $339,529
2015 $10,320 $836,074 $501,645 $334,429
2014 $10,371 $819,697 $491,819 $327,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17014948

California Regional Multiple Listing Service (CRMLS)

APN: 5175-027-019