NOT LISTED FOR SALE

Estimated Value: $902,000 - $1,053,000

9 Beds
4 Baths
3,846 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $905,000 $235 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,368/month

48 Days on Market

Highlights

  • Property is near a park
  • Level Lot
  • Wall Furnace
  • Laundry Room

About This Home

As of August 2023

Great opportunity to own a Fourplex, live in one and rent the rest; home and income at the same time... Or the perfect addition to your a growing portfolio. This large fourplex features owner's unit which is larger than the rest with recent upgrades like new kitchen cabinets and countertops, a fully remodeled bathroom and tiled and vinyl floors. This 2 story building has 2 convenient parking areas with 4 parking spaces at the rear of the building and additional parking out front. The square footage per unit is larger than most units in the area. Located walking distance to Mckinley Elementary School, and John C Fremont High School, and close to transportation and major freeways, with Downtown LA, LAX, and Beach Cities only minutes away. Bedroom count is as follows, three 2 bedroom 1 bathroom units and one 3 bedroom 1 bathroom unit.

Last Agent to Sell the Property

Fernando Moreno

Berkshire Hathaway H.S.C.P. License #01086376 Listed on: 05/31/2023

Berkshire Hathaway H.S.C.P.

Last Buyer's Agent

Enrique Pintado

CENTURY 21 REALTY MASTERS License #01249099

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,422

Year Built

  • Built in 1964

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,846 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 86
  • Tax Tract Number 6097
  • Assessor Parcel Number 6023031011
  • $556 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,422

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Price Per Unit: 248750
  • Property Attached: No
  • Zoning: LARD2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6023031011
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 235.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1148
  • Latitude Manual: 33.96756500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 5001.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 3201.00

Tax Info

  • Tax Census Tract: 2395.02
  • Tax Lot: 86
  • Tax Tract Number: 6097
  • TaxOtherAnnualAssessmentAmount: 556.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Aug 9, 2023
Sold by
Gardez-Lafoi Company Llc
Bought by
Kim Jessica
Seller's Agent
Fernando Moreno
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
List Price
$995,000
Sold Price
$905,000
Premium/Discount to List
-$90,000
-9.05%
Views
141
Current Estimated Value
$1,001,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,628
Avg. Annual Appreciation
5.12%
Original Mortgage
$724,000
Outstanding Balance
$703,952
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$297,676

Purchase Details

Listed on
Jan 10, 2019
Closed on
May 24, 2019
Sold by
Moreno Fernando
Bought by
Gardez Lafoi Company Llc
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
Fernando Moreno
Berkshire Hathaway H.S.C.P.
List Price
$726,000
Sold Price
$670,000
Premium/Discount to List
-$56,000
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$384,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2019
Closed on
Mar 26, 2019
Sold by
Timing Bliss Ii Llc
Bought by
Moreno Fernando
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
Fernando Moreno
Berkshire Hathaway H.S.C.P.
List Price
$726,000
Sold Price
$670,000
Premium/Discount to List
-$56,000
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2016
Closed on
Mar 1, 2016
Sold by
Monroe Eric
Bought by
Timing Bliss Ii Llc
Seller's Agent
Spencer Anderson
Spencer Anderson, Broker
Buyer's Agent
Bryan Castillo
Castillo Realty Group, Inc.
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$381,500
Interest Rate
3.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2013
Sold by
Kocsis Laureen
Bought by
Swing Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,375
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2013
Sold by
Swing Dennis
Bought by
Monroe Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,375
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2013
Closed on
May 15, 2013
Sold by
Dupree Karen A
Bought by
Swing Dennis
Seller's Agent
Nelson Sanchez
Century 21 A Better Service
Buyer's Agent
Nelson Sanchez
Century 21 A Better Service
List Price
$445,000
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Mar 7, 2008
Sold by
Dupree Karen A
Bought by
Dupree Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2003
Sold by
Family Renewal Development Center Inc
Bought by
Dupree Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Hud
Bought by
Family Renewal Development Center Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.24%

Purchase Details

Closed on
Aug 17, 2001
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Feb 28, 1997
Sold by
Jones Donald L
Bought by
Jones Cheryl

Purchase Details

Closed on
Mar 1, 1996
Sold by
Jones Donald L
Bought by
Delacruz Francisco and Rivera Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,790
Interest Rate
8.09%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 1995
Sold by
Wallace Katherine Theresa
Bought by
Jones Donald L and Jones Cheryl E

Purchase Details

Closed on
Aug 31, 1993
Sold by
Wallace Joseph Fletcher and Wallace Ethel Theresa
Bought by
Wallace Joseph Fletcher
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
Kim Jessica $905,000 California Best Title
Gardez Lafoi Company Llc -- None Available
Moreno Fernando $670,000 Chicago Title Company
Timing Bliss Ii Llc $570,000 Old Republic Title
Swing Dennis -- Lawyers Title
Monroe Eric $468,500 Lawyers Title
Swing Dennis $445,000 Lawyers Title
Dupree Karen A -- Westlake Village Branch
Dupree Karen A $325,000 Nations
Family Renewal Development Center Inc $257,000 Stewart Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $288,935 Landsafe Title
Jones Cheryl -- --
Delacruz Francisco $289,000 First American Title Co
Jones Donald L $130,000 Southern California Title
Wallace Joseph Fletcher -- Southern California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jessica $724,000
Previous Owner Moreno Fernando $384,500
Previous Owner Timing Bliss Ii Llc $381,500
Previous Owner Monroe Eric $351,375
Previous Owner Dupree Karen A $362,000
Previous Owner Dupree Karen A $350,000
Previous Owner Dupree Karen A $276,250
Previous Owner Family Renewal Development Center Inc $206,000
Previous Owner Delacruz Francisco $276,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $905,000 -9.0% $235 / Sq Ft
05/31/2023 05/31/23 For Sale $995,000 +48.5% $259 / Sq Ft
04/12/2019 04/12/19 Sold $670,000 0.0% $174 / Sq Ft
02/22/2019 02/22/19 Price Changed $670,000 -7.7% $174 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $726,000 +33.2% $189 / Sq Ft
04/20/2016 04/20/16 Sold $545,000 -5.2% $142 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $575,000 +29.2% $150 / Sq Ft
05/29/2013 05/29/13 Sold $445,000 0.0% $116 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $445,000 -- $116 / 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 $11,422 $923,100 $515,100 $408,000
2024 $11,422 $905,000 $505,000 $400,000
2023 $9,181 $718,373 $396,713 $321,660
2022 $8,765 $704,288 $388,935 $315,353
2021 $8,642 $690,479 $381,309 $309,170
2019 $7,313 $578,357 $259,995 $318,362
2018 $7,195 $567,018 $254,898 $312,120
2016 $6,134 $485,145 $217,461 $267,684
2015 $6,048 $477,859 $214,195 $263,664
2014 $6,091 $468,500 $210,000 $258,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23094187

California Regional Multiple Listing Service (CRMLS)

APN: 6023-031-011