NOT LISTED FOR SALE

Estimated Value: $1,693,904 - $1,893,000

12 Beds
9 Baths
4,800 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $1,349,000 $281 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,021/month

15 Days on Market

Highlights

  • New Construction
  • No HOA
  • Laundry Room
  • Modern Architecture
  • 2 Car Direct Access Garage
  • 4-minute walk to 97th Street Park

About This Home

As of May 2020

Check out this brand new beautiful TRIPLEX! Modern construction, two separate buildings. Front house is 4 beds 2.5 baths approx 1700 sqft with two car garage. Back duplex are 4 beds 3 baths 1561 sqft each side by side. Units have open floor plans, master bedrooms, walk in closets, beautiful white shaker cabinetry kitchens with back splash, stainless range hood. Custom bathrooms and tile. Scratch resistant laminate floors, high end carpeting in bedrooms, custom window coverings. HVAC in all units. Indoor washer and dryer areas in all units. Hard scape boasts new decorative cement driveway, surrounding wood fences, new wrought iron gate. Separate yard between the units for entertaining or additional parking. All units separately metered with gas, electricity and water. Newly installed low maintenance landscape in front. Centrally located to DTLA, 10, 110 and 105 freeways, upcoming new stadium, restaurants and shopping. And.... no rent control.

Last Agent to Sell the Property

Alicia Ortiz

Real Estate Connection License #01193650 Listed on: 04/06/2020

Last Buyer's Agent

David Yun

Compass License #01965361

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,959

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,301 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Modern Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Carbon Monoxide Detectors
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 84
  • Assessor Parcel Number 6054027027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,300
  • New Taxes Expense $16,740
  • Operating Expense $19,240
  • Gross Income $111,600
  • Net Operating Income $890,132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,959

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Zoning: LARD2
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6054027027
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 281.04
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6301.00
  • Lot Size Acres: 0.1447

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 111600.00
  • Gross Scheduled Income: 111600.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 6301.0000 Square Feet
  • Net Operating Income: 890132.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 19240.00
  • Rent Control: No
  • Total Expenses: 19240.00

Tax Info

  • New Taxes Expense: 16740.00
  • Tax Census Tract: 2404.01
  • Tax Lot: 84
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jun 8, 2020
Sold by
645 W 97Th Street Llc
Bought by
645 W 97Th Street Llc
Seller's Agent
Alicia Ortiz
Real Estate Connection
Buyer's Agent
David Yun
Compass
List Price
$1,349,000
Sold Price
$1,349,000
Current Estimated Value
$1,747,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,976
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Jan 28, 2020
Sold by
Equity Investments Llc
Bought by
645 W 9Th Street Llc

Purchase Details

Listed on
Sep 14, 2018
Closed on
Feb 22, 2019
Sold by
Rowe Joseph
Bought by
Equity Investments Llc
Seller's Agent
Athena Sanchez
ReMax Sky
Buyer's Agent
Athena Sanchez
ReMax Sky
List Price
$445,900
Sold Price
$390,000
Premium/Discount to List
-$55,900
-12.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.43%

Purchase Details

Closed on
Jun 9, 2012
Sold by
Hood Natasha
Bought by
Rowe Joseph

Purchase Details

Closed on
Dec 2, 2005
Sold by
Ballard Louis E and Ballard Janice F
Bought by
Rowe Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
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
645 W 97Th Street Llc -- Accommodation
645 W 9Th Street Llc $1,349,000 Westminster Title Company
Equity Investments Llc $390,000 Fidelity National Title
Rowe Joseph -- None Available
Rowe Joseph $285,000 Investors Title Company Gln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Equity Investments Llc $612,500
Previous Owner Rowe Joseph $270,750
Previous Owner Ballard Louis E $200,000
Previous Owner Ballard Louis E $116,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2020 05/05/20 Sold $1,349,000 0.0% $281 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $1,349,000 +245.9% $281 / Sq Ft
03/12/2019 03/12/19 Sold $390,000 -12.5% $336 / Sq Ft
01/02/2019 01/02/19 Price Changed $445,900 0.0% $384 / Sq Ft
01/02/2019 01/02/19 For Sale $445,900 +14.3% $384 / Sq Ft
11/28/2018 11/28/18 Off Market $390,000 -- --
11/27/2018 11/27/18 For Sale $459,900 +17.9% $396 / Sq Ft
11/26/2018 11/26/18 Off Market $390,000 -- --
11/25/2018 11/25/18 For Sale $459,900 +17.9% $396 / Sq Ft
10/03/2018 10/03/18 Off Market $390,000 -- --
09/14/2018 09/14/18 For Sale $459,900 -- $396 / 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 $17,959 $1,475,324 $1,037,868 $437,456
2024 $17,959 $1,446,397 $1,017,518 $428,879
2023 $17,310 $1,418,037 $997,567 $420,470
2022 $16,505 $1,390,233 $978,007 $412,226
2021 $16,308 $1,362,975 $958,831 $404,144
2020 $5,062 $397,800 $318,240 $79,560
2019 $1,567 $258,971 $207,178 $51,793
2018 $3,236 $253,894 $203,116 $50,778
2016 $3,090 $244,037 $195,230 $48,807
2015 $3,047 $240,372 $192,298 $48,074
2014 $3,067 $235,665 $188,532 $47,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20069972

California Regional Multiple Listing Service (CRMLS)

APN: 6054-027-027