NOT LISTED FOR SALE

643 W Imperial Hwy Unit ABCD Los Angeles, CA 90044

Vermont Vista Neighborhood

Estimated Value: $845,000 - $1,180,000

10 Beds
4 Baths
3,278 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $785,000 $239 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,509/month

100 Days on Market

About This Home

As of May 2019

GOOD INCOME PROPERTY. THIS FOUR UNITS ARE LOCATED VERY CLOSE TO THE AIRPORT, AND ALSO CLOSE TO FREEWAY 105 AND CLOSE TO FREEWAY 110 , THE FRONT UNITS ARE 3 BEDROOMS AND 1 BATHROOM EACH , THE OTHER 2 UNITS ARE 2 BEDROOMS AND 1 BATHROOM EACH ,GOOD PRICE FOR THE AREA , THE EXTERIOR OF THIS PROPERTY HAS BEEN PAINTED IN SOME AREAS . BATHROOMS NEED SOME TLC LOCATION ,LOCATION ,LOCATION .

Last Agent to Sell the Property

alfonso dominguez

EMPIRE REALTY License #01398869 Listed on: 12/31/2018

Last Buyer's Agent

Jonathon Villaescusa

Real Broker License #01900156

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,882

Year Built

  • Built in 1947

Lot Details

  • 5,539 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Wire Fence
  • Density is 2-5 Units/Acre

Home Design

  • 3,278 Sq Ft Home
  • Property Attached
  • Shingle Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 436
  • Tax Tract Number 2273
  • Assessor Parcel Number 6075013026

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Fuel Expense $1
  • Insurance Expense $1,200
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,687
  • Operating Expense $14,208
  • Gross Income $66,000
  • Net Operating Income $52,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,882

Year Built

Built in 1947

Lot Details

0

Listing Details

  • CapRate: 7.20
  • Other Phone Description: CELL PH
  • Other Phone Number: 909-297-9722
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6075013026
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 239.48

Exterior Features

  • Fence: Yes
  • Fencing: Wire, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5539.00
  • Lot Size Acres: 0.1272

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 720.00
  • Fuel Expense: 1.00
  • Gross Income: 66000.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5539.0000 Square Feet
  • Net Operating Income: 52992.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14208.00
  • Rent Control: Yes
  • Total Actual Rent: 5600.00
  • Total Expenses: 14208.00

Tax Info

  • New Taxes Expense: 8687.00
  • Tax Census Tract: 2412.02
  • Tax Lot: 436
  • Tax Tract Number: 2273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Ayala Rudy
Bought by
Rudy Ayala Trust and Ayala
Current Estimated Value
$1,059,723

Purchase Details

Listed on
Dec 31, 2018
Closed on
Apr 12, 2019
Sold by
Mohammed Mohsin
Bought by
Ayala Rudy
Seller's Agent
alfonso dominguez
EMPIRE REALTY
Buyer's Agent
Jonathon Villaescusa
Real Broker
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$544,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Mohammed Dilruba
Bought by
Mohammed Mohsin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2010
Sold by
Auxume German L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 30, 2007
Sold by
Galeas Jose E
Bought by
Auxume German L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Hidalgo Francisco M
Bought by
Galeas Jose E

Purchase Details

Closed on
Aug 20, 2004
Sold by
Magallanes Serafin
Bought by
Galeas Jose E and Hidalgo Francisco M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2003
Sold by
Canul Victor
Bought by
Magallanes Serafin

Purchase Details

Closed on
Jan 27, 2000
Sold by
Canul Jesus L
Bought by
Canul Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
10%

Purchase Details

Closed on
May 7, 1996
Sold by
Hutado Edwin G
Bought by
Canul Jesus L and Canul Victor

Purchase Details

Closed on
Jul 7, 1995
Sold by
Espinoza Lorenzo
Bought by
Hurtado Edwin G and Galdamez Mario E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,300
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1995
Sold by
Espinoza Cynthia
Bought by
Espinoza Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
9.21%

Purchase Details

Closed on
Jan 26, 1995
Sold by
Hud
Bought by
Espinoza Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
9.21%
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
Rudy Ayala Trust -- None Listed On Document
Ayala Rudy $785,000 Western Resources Title
Mohammed Mohsin -- Stewart Title
Mohammed Mohsin $275,000 Stewart Title
Federal Home Loan Mortgage Corporation $275,000 Accommodation
Auxume German L $650,000 Southland Title
Galeas Jose E -- None Available
Galeas Jose E $435,000 Fidelity National Title
Magallanes Serafin $1,227,272 Investors Title Company
Canul Victor -- Fidelity Title
Canul Jesus L -- --
Hurtado Edwin G $215,000 Benefit Land Title Company
Espinoza Lorenzo -- California Counties Title Co
Espinoza Lorenzo $80,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Rudy $544,000
Previous Owner Mohammed Mohsin $206,250
Previous Owner Auxume German L $455,000
Previous Owner Galeas Jose E $326,250
Previous Owner Canul Victor $206,250
Previous Owner Hurtado Edwin G $202,300
Previous Owner Espinoza Lorenzo $64,000
Closed Galeas Jose E $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $785,000 -1.8% $239 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $799,000 -- $244 / 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 $10,882 $875,677 $697,197 $178,480
2024 $10,882 $858,508 $683,527 $174,981
2023 $10,681 $841,675 $670,125 $171,550
2022 $10,201 $825,173 $656,986 $168,187
2021 $10,063 $808,994 $644,104 $164,890
2020 $10,078 $800,700 $637,500 $163,200
2019 $5,611 $315,833 $252,668 $63,165
2018 $4,147 $309,641 $247,714 $61,927
2016 $3,942 $297,619 $238,096 $59,523
2015 $3,890 $293,149 $234,520 $58,629
2014 $3,930 $287,408 $229,927 $57,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18295814

California Regional Multiple Listing Service (CRMLS)

APN: 6075-013-026