NOT LISTED FOR SALE

7049 7th Ave Los Angeles, CA 90043

Hyde Park Neighborhood

Estimated Value: $739,000 - $1,016,000

5 Beds
3 Baths
2,302 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $534,900 $232 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,352/month

109 Days on Market

About This Home

As of September 2017

Triplex in a great location. Main house is 3 bed/1 bath. Two 1 bed/1 bath units. One unit has new kitchen cabinets, countertops, appliances and fixtures. The bathroom has been fully remodeled and it has fresh paint throughout and new carpet in the living room and bedroom. There is a 2 car garage and room for 2 additional parking spaces in the driveway. Each unit is individually metered for gas and electric.

Last Agent to Sell the Property

Jack Stephan

Jack Stephan, Broker License #01916736 Listed on: 04/16/2017

Co-Listed By

Monica Acosta

No Firm Affiliation License #01435312

Last Buyer's Agent

Margaret DeCuir

Keytime Realty License #00884684

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,665

Year Built

  • Built in 1925

Lot Details

  • 5,230 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 2,302 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot /
  • Assessor Parcel Number 4008026018

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,665

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 4008026018
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 232.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5230.00

Multi Family

  • 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: Yes

Tax Info

  • Tax Census Tract: 2352.01
  • Tax Lot: /
  • Tax Tract Number: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Berhe Tesfa-Alem Yitabarek and Yohannes Selamawit
Bought by
Berhe-Yohannes Family Trust and Berhe
Current Estimated Value
$866,668

Purchase Details

Listed on
Apr 16, 2017
Closed on
Aug 22, 2017
Sold by
Dli Properties Llc
Bought by
Berhe Tesfa Alem Yitbarek and Yohannes Selamawit
Seller's Agent
Jack Stephan
Jack Stephan, Broker
Buyer's Agent
Margaret DeCuir
Keytime Realty
List Price
$554,900
Sold Price
$534,900
Premium/Discount to List
-$20,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$300,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2015
Sold by
Coronado David
Bought by
Dli Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2008
Sold by
Senapati Pramod
Bought by
Lopez Sophia

Purchase Details

Closed on
Jan 15, 2007
Sold by
Coronado David
Bought by
Pierce Marjorie

Purchase Details

Closed on
Aug 15, 2006
Sold by
Coronado David
Bought by
Senapati Pramod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2006
Sold by
Coronado David
Bought by
Green Kevin

Purchase Details

Closed on
Dec 29, 2005
Sold by
Bholat Imran and Bholat Kiran
Bought by
Coronado David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
9.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Portis Mary Louise
Bought by
Bholat Imran and Bholat Kiran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Berhe-Yohannes Family Trust -- None Listed On Document
Berhe Tesfa Alem Yitbarek $535,000 Consumers Title Company
Dli Properties Llc $325,000 None Available
Lopez Sophia -- None Available
Pierce Marjorie -- None Available
Senapati Pramod -- None Available
Green Kevin -- None Available
Coronado David $520,000 None Available
Bholat Imran $426,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berhe Tesfa Alem Yitbarek $295,000
Previous Owner Berhe Tesfa Alem Yitbarek $300,000
Previous Owner Dli Properties Llc $240,000
Previous Owner Dli Properties Llc $100,000,000
Previous Owner Dli Properties Llc $292,500
Previous Owner Coronado David $40,000
Previous Owner Coronado David $494,000
Previous Owner Bholat Imran $298,200
Previous Owner Portis Mary Louise $60,000
Closed Bholat Imran $85,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2017 09/26/17 Sold $534,900 -3.6% $232 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $554,900 0.0% $241 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
05/23/2017 05/23/17 Price Changed $554,900 -6.7% $241 / Sq Ft
04/16/2017 04/16/17 For Sale $595,000 -- $258 / 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 $7,665 $608,619 $341,347 $267,272
2024 $7,665 $596,686 $334,654 $262,032
2023 $7,527 $584,988 $328,093 $256,895
2022 $7,193 $573,518 $321,660 $251,858
2021 $7,096 $562,273 $315,353 $246,920
2019 $6,893 $545,598 $306,000 $239,598
2018 $6,790 $534,900 $300,000 $234,900
2016 $4,232 $325,000 $225,000 $100,000
2015 $7,163 $570,858 $459,593 $111,265
2014 $7,204 $559,677 $450,591 $109,086
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jack Stephan

    Jack Stephan, Broker

    (310) 936-8334

    61 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Monica Acosta

    No Firm Affiliation

  • M

    Buyer's Agent in 2017

    Margaret DeCuir

    Keytime Realty

    (213) 718-0016

    6 Total Sales

    Margaret DeCuir
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17081062

California Regional Multiple Listing Service (CRMLS)

APN: 4008-026-018

California Los Angeles County Los Angeles 90043 Hyde Park

7049 7th Ave, Los Angeles, CA

This home is located at 7049 7th Ave, Los Angeles, CA 90043 since 16 April 2017 and is currently estimated at $866,668, approximately $376 per square foot. This property was built in 1925. 7049 7th Ave is a home located in Los Angeles County with nearby schools including Seventy-Fourth Street Elementary School, Horace Mann Ucla Community, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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