NOT LISTED FOR SALE

Estimated Value: $746,242 - $859,000

-- Bed
6 Baths
1,508 Sq Ft
$542/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $380,000 $252 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,803/month

6 Days on Market

About This Home

As of April 2014

GOOD STABLE INVESTMENT OPPORTUNITY IN A STRONG RENTAL MARKET OF LOS ANGELES. 3 UNIT PROPERTY WITH INDIVIDUAL STRUCTURES. ONE UNIT IS VACANT AND HAS BEEN COMPLETELY REHABBED WITH NEW KITCHEN, BATHROOM, AND BEAUTIFUL OUTDOOR LIVING AREA. LOW RENTS FOR OTHER UNITS SO GREAT FUTURE UPSIDE. EASY TO MANAGE BUILDING, UNITS ARE INDIVIDUALLY METERED FOR ELECTRIC, GAS AND WATER. PLEASE DO NOT DISTURB TENANTS. PROPERTY IS CONVENIENTLY LOCATED NEAR MT. WASHINGTON, FiGUEROA CORRIDOR, DODGER STADIUM, AND JUST 3 MILES FROM DOWNTOWN.

Last Agent to Sell the Property

Gabriel Jones

Keller Williams Realty Calabasas License #01314138 Listed on: 02/17/2014

Keller Williams Realty Calabasas

Last Buyer's Agent

Marie-Anne Meulen

Compass License #01924913

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,806

Year Built

  • Built in 1923

Lot Details

  • 3,554 Sq Ft Lot

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 5453-013-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,806

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1508
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Gas Dryer Hookup, Range/Oven
  • Price Per S Q F T: 248.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Utilities

  • Cooling: Wall/Window
  • Heating: Wall Electric

Lot Info

  • Assessor Parcel Number: 5453-013-023
  • Geocode Override: No
  • Lot Size Area: 3554

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.70
  • Number Of Units: 3
  • Total Annual Expense: 8039
  • Type Of Units: Conforming
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
Apr 8, 2014
Sold by
Jones Gabriel and Jones Steven
Bought by
Pakter Joshua J
Seller's Agent
Gabriel Jones
Keller Williams Realty Calabasas
Buyer's Agent
Marie-Anne Meulen
Compass
List Price
$374,000
Sold Price
$380,000
Premium/Discount to List
$6,000
1.6%
Current Estimated Value
$817,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,811
Avg. Annual Appreciation
7.11%
Original Mortgage
$304,000
Outstanding Balance
$232,269
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$599,496

Purchase Details

Listed on
May 2, 2013
Closed on
Mar 20, 2013
Sold by
Soria Javier
Bought by
3P Properties Llc
Seller's Agent
Carlos Cahuas
International Investments Re.
Buyer's Agent
Carlos Cahuas
International Investments Re.
List Price
$180,000
Sold Price
$195,000
Premium/Discount to List
$15,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.35%
Original Mortgage
$126,000
Interest Rate
3.41%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 19, 2001
Sold by
Marquez Gilberto and Marquez Martina
Bought by
Soria Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pakter Joshua J $380,000 Lawyers Title Company
Jones Gabriel -- Lawyers Title Company
3P Properties Llc $195,000 Lawyers Title
Soria Javier $168,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pakter Joshua J $304,000
Previous Owner 3 P Properties Llc $126,000
Previous Owner 3P Properties Llc $126,000
Previous Owner Soria Javier $395,000
Previous Owner Soria Javier $291,750
Previous Owner Soria Javier $254,250
Previous Owner Soria Javier $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $380,000 +1.6% $252 / Sq Ft
02/23/2014 02/23/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $374,000 +91.8% $248 / Sq Ft
05/18/2013 05/18/13 Sold $195,000 +8.3% $129 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
10/20/2012 10/20/12 For Sale $180,000 -- $120 / Sq Ft
Source: The MLS

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 $5,806 $465,817 $279,492 $186,325
2024 $5,806 $456,684 $274,012 $182,672
2023 $5,695 $447,731 $268,640 $179,091
2022 $5,432 $438,953 $263,373 $175,580
2021 $5,360 $430,347 $258,209 $172,138
2020 $5,410 $425,935 $255,562 $170,373
2019 $5,201 $417,584 $250,551 $167,033
2018 $5,133 $409,397 $245,639 $163,758
2016 $4,898 $393,501 $236,101 $157,400
2015 $5,208 $387,591 $232,555 $155,036
2014 $2,616 $195,884 $160,726 $35,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-737875

The MLS

APN: 5453-013-023