6428 S Van Ness Ave Los Angeles, CA 90047
Chesterfield Square Neighborhood
1
Bed
1
Bath
2,452
Sq Ft
4,504
Sq Ft Lot
About This Home
As of October 2019Opportunity knocks in Chesterfield Square! A 4-Unit building available with tons of upside potential! All four units are 1 bed 1 bath and have separate gas and electrical meters. This building is in proximity to major developments in Los Angeles and Inglewood. Live in one and rent the others, or completely reposition the property for maximum income. Property is in need of some TLC but a great opportunity for a savvy investor. All units are occupied. Pease do not disturb occupants.
Last Agent to Sell the Property
Nømad Ventures
KORB Capital, Inc. License #01900258 Listed on: 08/08/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,452
Year Built
- Built in 1931
Lot Details
- 4,504 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- 2,452 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
- Fireplace in Bathroom
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 12 / 9
- Tax Tract Number 6581
- Assessor Parcel Number 6016001009
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Water Sewer Expense $1,200
- New Taxes Expense $7,237
- Operating Expense $10,237
- Gross Income $38,346
- Net Operating Income $29,429
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 2, 2024
Sold by
A & R Capital Llc
Bought by
6428 Van Ness Property Llc
Current Estimated Value
Purchase Details
Listed on
Aug 8, 2019
Closed on
Oct 1, 2019
Sold by
Zielonka Robert and Zielonka Rhamona
Bought by
A & R Capital Llc
Seller's Agent
Nømad Ventures
KORB Capital, Inc.
Buyer's Agent
Aaron E Haith II
KORB Capital, Inc.
List Price
$579,000
Sold Price
$545,000
Premium/Discount to List
-$34,000
-5.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$700,000
Interest Rate
3.7%
Purchase Details
Listed on
Feb 12, 2015
Closed on
Feb 26, 2015
Sold by
Zielonka Jason
Bought by
Zielonka Jason and Zielonka Robert
Seller's Agent
Eilene Williams
Home Town Realty
Buyer's Agent
Eilene Williams
Home Town Realty
List Price
$425,000
Sold Price
$327,500
Premium/Discount to List
-$97,500
-22.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Purchase Details
Closed on
Apr 20, 2005
Sold by
Cornett Edwin and Cornett Rebecca A
Bought by
Nelson Joseph B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.92%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jan 20, 1999
Sold by
Cornett Edwin
Bought by
Cornett Edwin and Cornett Rebecca A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.77%
Purchase Details
Closed on
Sep 10, 1997
Sold by
Cornett Edwin
Bought by
Cornett Edwin and Cornett Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.83%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 14, 1997
Sold by
Anderson Lela
Bought by
Cornett Edwin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
11%
Purchase Details
Closed on
May 9, 1997
Sold by
Cornett Rebecca
Bought by
Cornett Edwin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
11%
Similar Homes in Los Angeles, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Warranty Deed | $545,000 | Provident Title Company | |
| Grant Deed | $327,500 | Pacific Coast Title Company | |
| Individual Deed | $495,000 | First American Title Company | |
| Gift Deed | -- | Gateway Title Company | |
| Gift Deed | -- | -- | |
| Grant Deed | $127,000 | United Title Company | |
| Interfamily Deed Transfer | -- | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $810,000 | New Conventional | |
| Previous Owner | $608,250 | New Conventional | |
| Previous Owner | $562,500 | Construction | |
| Previous Owner | $700,000 | No Value Available | |
| Previous Owner | $295,000 | Stand Alone First | |
| Previous Owner | $153,000 | Unknown | |
| Previous Owner | $152,000 | No Value Available | |
| Previous Owner | $25,000 | Stand Alone Second | |
| Previous Owner | $114,300 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2019 10/31/19 | Sold | $545,000 | -5.9% | $222 / Sq Ft |
| 09/09/2019 09/09/19 | Pending | -- | -- | -- |
| 08/08/2019 08/08/19 | For Sale | $579,000 | +76.8% | $236 / Sq Ft |
| 03/13/2015 03/13/15 | Sold | $327,500 | -22.9% | $134 / Sq Ft |
| 02/23/2015 02/23/15 | Pending | -- | -- | -- |
| 09/23/2014 09/23/14 | For Sale | $425,000 | -- | $173 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,452 | $584,345 | $439,600 | $144,745 |
| 2023 | $7,316 | $572,888 | $430,981 | $141,907 |
| 2022 | $6,989 | $561,656 | $422,531 | $139,125 |
| 2021 | $6,893 | $550,645 | $414,247 | $136,398 |
| 2020 | $7,504 | $545,000 | $410,000 | $135,000 |
| 2019 | $4,562 | $352,842 | $178,306 | $174,536 |
| 2018 | $4,477 | $345,924 | $174,810 | $171,114 |
| 2016 | $4,266 | $332,493 | $168,023 | $164,470 |
| 2015 | $7,146 | $574,099 | $434,926 | $139,173 |
| 2014 | $7,194 | $562,854 | $426,407 | $136,447 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2019
Nømad Ventures
KORB Capital, Inc.
-
Aaron E Haith II
Buyer's Agent in 2019
Aaron E Haith II
KORB Capital, Inc.
(310) 902-2617
9 Total Sales
-
E
Seller's Agent in 2015
Eilene Williams
Home Town Realty
-
E
Buyer's Agent in 2015
Elizabeth Williams
Keller Williams Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19189496
APN: 6016-001-009
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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