NOT LISTED FOR SALE

Estimated Value: $760,000 - $820,000

7 Beds
3 Baths
2,766 Sq Ft
$285/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $715,000 $258 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,863/month

73 Days on Market

Highlights

  • Laundry Room
  • Accessible Parking
  • Heating System Uses Natural Gas
  • Bungalow
  • Wrought Iron Fence
  • Back and Front Yard

About This Home

As of February 2024

Great 3-Unit apartment building, Pride of owner ship. Near 110fwy and 105fwy, just a skip away from downtown LA, The Forum. Great square feet all units are good size. The seller has been keeping up with the maintenance through the years and property is in good condition, but seller is selling it in as-is condition. Three gas meters and electric meters. Long driveway for plenty of parking, wide street. The three bedroom was renovated couple of years ago, the two bedrooms has been repainted and new flooring, the other two bedroom has been well kept. Built in 1965 surprisingly this is not old for city of Los Angeles. Your buyer will love this property.

Last Agent to Sell the Property

Adrian Ortega

Century 21 Allstars License #01227249 Listed on: 09/29/2023

Century 21 Allstars

Last Buyer's Agent

Frank Vizcarra

The Real Brokerage, Inc. License #01959351

The Real Brokerage, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,797

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 4,786 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Bungalow
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,766 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • On-Street Parking
  • On-Site Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 47
  • Tax Tract Number 668
  • Assessor Parcel Number 6042011020
  • $776 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $1,000
  • Water Sewer Expense $2,000
  • Operating Expense $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,797

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Price Per Unit: 233333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 2000.00
  • Zoning: LAR1
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6042011020
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: side
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking, See Remarks
  • Appliances: No
  • Entry Level: 2
  • Price Per Square Foot: 258.50

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking Features: Driveway, Paved, On Site, Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 4786.00
  • Lot Size Acres: 0.1099

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 800.00
  • Lot Size Area: 4786.0000 Square Feet
  • 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
  • Total Actual Rent: 4452.00
  • Total Expenses: 3800.00

Tax Info

  • Tax Census Tract: 2400.20
  • Tax Lot: 47
  • Tax Tract Number: 668
  • TaxOtherAnnualAssessmentAmount: 776.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2024
Sold by
Alkhafaji Mohammed
Bought by
Mohammed Alkhafaji Family Revocable Living Tr and Alkhafaji
Current Estimated Value
$769,518

Purchase Details

Listed on
Sep 29, 2023
Closed on
Dec 11, 2023
Sold by
Bravo Alexandria L
Bought by
Alkhafaji Mohammed
Seller's Agent
Adrian Ortega
Century 21 Allstars
Buyer's Agent
Frank Vizcarra
The Real Brokerage, Inc.
List Price
$699,999
Sold Price
$715,000
Premium/Discount to List
$15,001
2.14%
Views
356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$721,687
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2020
Sold by
Walker John and Walker Carole M
Bought by
Bravo Alexandria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1994
Sold by
Walker John and Walker Carole M
Bought by
Walker John
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
Mohammed Alkhafaji Family Revocable Living Tr -- --
Alkhafaji Mohammed $735,000 California Best Title
Bravo Alexandria I $550,000 Provident Title Company
Walker John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alkhafaji Mohammed $721,687
Previous Owner Bravo Alexandria I $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $715,000 +2.1% $258 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $699,999 -2.1% $253 / Sq Ft
11/29/2023 11/29/23 Off Market $715,000 -- --
09/29/2023 09/29/23 For Sale $699,999 -- $253 / 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 $7,797 $749,700 $484,500 $265,200
2024 $7,797 $583,664 $318,362 $265,302
2023 $7,652 $572,220 $312,120 $260,100
2022 $7,315 $561,000 $306,000 $255,000
2021 $7,214 $550,000 $300,000 $250,000
2020 $3,731 $248,775 $87,497 $161,278
2019 $3,601 $243,898 $85,782 $158,116
2018 $3,510 $239,116 $84,100 $155,016
2016 $3,327 $229,833 $80,835 $148,998
2015 $3,277 $226,381 $79,621 $146,760
2014 $3,297 $221,948 $78,062 $143,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23182159

California Regional Multiple Listing Service (CRMLS)

APN: 6042-011-020