NOT LISTED FOR SALE

Estimated Value: $959,588 - $1,560,000

8 Beds
4 Baths
3,772 Sq Ft
$311/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $650,000 $172 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,927/month

98 Days on Market

About This Home

As of September 2017

This gorgeous fourplex is conveniently located in the beautiful area of Hyde park. This property is centrally located near the 105 and 405 freeway which allows easy access to all of the shopping areas as well as the new home of the Los Angeles Rams which is only 2.5 miles away from the property. All units features 2 bedrooms and 1 bath room in approx..

Last Agent to Sell the Property

Claudia Diaz

West Shores Realty, Inc. License #01274862 Listed on: 04/19/2017

West Shores Realty, Inc.

Last Buyer's Agent

Claudia Diaz

West Shores Realty, Inc. License #01274862 Listed on: 04/19/2017

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,344

Year Built

  • Built in 1922

Lot Details

  • 7,583 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 3,772 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 210
  • Tax Tract Number 2349
  • Assessor Parcel Number 4006008022

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $840
  • Water Sewer Expense $2,100
  • New Taxes Expense $7,200
  • Operating Expense $11,640
  • Gross Income $44,220
  • Net Operating Income $32,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,344

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2100.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 4006008022
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 172.32

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7583.00

Multi Family

  • Gross Income: 44220.00
  • Gross Scheduled Income: 44220.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 32520.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11640.00
  • Rent Control: Yes
  • Total Expenses: 11640.00

Tax Info

  • New Taxes Expense: 7200.00
  • Tax Census Tract: 2349.02
  • Tax Lot: 210
  • Tax Tract Number: 2349.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
Aug 4, 2017
Sold by
Webster Sebrina Kim
Bought by
Araya Haile Ayalenesh and Araya Gebeyehu
Seller's Agent
Claudia Diaz
West Shores Realty, Inc.
Buyer's Agent
Claudia Diaz
West Shores Realty, Inc.
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$1,172,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,397
Avg. Annual Appreciation
7.53%
Original Mortgage
$487,500
Outstanding Balance
$406,451
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$765,946

Purchase Details

Closed on
Jan 20, 2005
Sold by
Browne Isha
Bought by
Webster Sebrina Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2002
Sold by
Browne Kenneth and Browne Isha
Bought by
Browne Isha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
8.15%
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
Araya Haile Ayalenesh $650,000 Stewart Title
Webster Sebrina Kim $480,000 Landsafe Title
Browne Isha -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araya Haile Ayalenesh $487,500
Previous Owner Webster Sebrina Kim $384,000
Previous Owner Browne Isha $199,500
Closed Webster Sebrina Kim $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $650,000 0.0% $172 / Sq Ft
09/14/2017 09/14/17 For Sale $650,000 0.0% $172 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $650,000 -- $172 / 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 $9,344 $739,584 $455,130 $284,454
2024 $9,344 $725,083 $446,206 $278,877
2023 $9,175 $710,866 $437,457 $273,409
2022 $8,768 $696,929 $428,880 $268,049
2021 $8,643 $683,265 $420,471 $262,794
2020 $8,725 $676,260 $416,160 $260,100
2019 $8,395 $663,000 $408,000 $255,000
2018 $8,223 $650,000 $400,000 $250,000
2016 $7,128 $565,191 $400,345 $164,846
2015 $7,028 $556,702 $394,332 $162,370
2014 $7,077 $545,798 $386,608 $159,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17082561

California Regional Multiple Listing Service (CRMLS)

APN: 4006-008-022