NOT LISTED FOR SALE

Estimated Value: $875,300 - $1,421,000

7 Beds
3 Baths
2,934 Sq Ft
$416/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $860,000 $293 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,498/month

3 Days on Market

Highlights

  • Fireplace in Bathroom
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of September 2016

GREAT INVESTMENT OPPORTUNITY!!!! The front home is 3 bedroom 1 bath newly remodeled, the two other units are 2 bedroom 1 Bath each (one remodeled) This truly is a charming investors delight, all units will be DELIVERED VACANT. There is a three car garage as well. This property in the heart of Highland Park don't let this pass you by come and see for yourself! SHOWING WILL BE MONDAY FROM 5-7pm!!!! Thanks

Last Agent to Sell the Property

ANNA MARIE CERVANTES

EXP REALTY License #01720315 Listed on: 07/24/2016

EXP REALTY

Last Buyer's Agent

Jo O'key

Keller Williams Realty Los Feliz License #01452053

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,596 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,934 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 11
  • Assessor Parcel Number 5493016003

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Parcel Number: 5493016003
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 293.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5596.00
  • Price Per Lot Square Foot: 140.28

Multi Family

  • Gross Income: 4500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2016
Closed on
Sep 8, 2016
Sold by
Deleon Rocco Melanie Jennell
Bought by
Rocco Nevino
Seller's Agent
ANNA MARIE CERVANTES
EXP REALTY
Buyer's Agent
Jo O'key
Keller Williams Realty Los Feliz
List Price
$785,000
Sold Price
$860,000
Premium/Discount to List
$75,000
9.55%
Current Estimated Value
$1,246,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,236
Avg. Annual Appreciation
3.80%
Original Mortgage
$645,000
Outstanding Balance
$515,201
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$704,124

Purchase Details

Listed on
Jul 24, 2016
Closed on
Sep 6, 2016
Sold by
Eslava Christina Maria
Bought by
Eslava Edward A
Seller's Agent
ANNA MARIE CERVANTES
EXP REALTY
Buyer's Agent
Jo O'key
Keller Williams Realty Los Feliz
List Price
$785,000
Sold Price
$860,000
Premium/Discount to List
$75,000
9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Outstanding Balance
$515,201
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$704,124

Purchase Details

Listed on
Jul 24, 2016
Closed on
Sep 1, 2016
Sold by
Eslava Edward A and Estava David A
Bought by
Rocco Nevino
Seller's Agent
ANNA MARIE CERVANTES
EXP REALTY
Buyer's Agent
Jo O'key
Keller Williams Realty Los Feliz
List Price
$785,000
Sold Price
$860,000
Premium/Discount to List
$75,000
9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Outstanding Balance
$515,201
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$704,124

Purchase Details

Listed on
Jul 24, 2016
Closed on
Aug 1, 2016
Sold by
Romero Estava Ana
Bought by
Eslava David A
Seller's Agent
ANNA MARIE CERVANTES
EXP REALTY
Buyer's Agent
Jo O'key
Keller Williams Realty Los Feliz
List Price
$785,000
Sold Price
$860,000
Premium/Discount to List
$75,000
9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Outstanding Balance
$515,201
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$704,124

Purchase Details

Closed on
Apr 10, 2015
Sold by
Eslava Edward A and Esclava David A
Bought by
Eslava Edward A and Eslava David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2001
Sold by
Llamas Guadalupe and Llamas Soledad
Bought by
Eslava Edward A and Eslava David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,523
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rocco Nevino -- None Available
Eslava Edward A -- None Available
Rocco Nevino $860,000 Wfg
Eslava David A -- None Available
Eslava Edward A -- Fidelity National Title
Eslava Edward A $225,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocco Nevino $645,000
Previous Owner Eslava Edward A $465,000
Previous Owner Eslava Edward A $221,523
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2016 09/12/16 Sold $860,000 +9.6% $293 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/24/2016 07/24/16 For Sale $785,000 -- $268 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,172 $998,099 $742,773 $255,326
2024 $12,172 $978,529 $728,209 $250,320
2023 $11,939 $959,343 $713,931 $245,412
2022 $11,387 $940,533 $699,933 $240,600
2021 $11,240 $922,092 $686,209 $235,883
2019 $10,906 $894,744 $665,856 $228,888
2018 $10,791 $877,200 $652,800 $224,400
2016 $3,582 $286,388 $159,105 $127,283
2015 $3,531 $282,088 $156,716 $125,372
2014 $3,560 $276,564 $153,647 $122,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16163004

California Regional Multiple Listing Service (CRMLS)

APN: 5493-016-003