NOT LISTED FOR SALE

728 S Ferris Ave Los Angeles, CA 90022

Estimated Value: $856,000 - $1,274,000

4 Beds
4 Baths
2,655 Sq Ft
$393/Sq Ft Est. Value

Last Sold September 23, 2015

Last sale price $500,000 $188 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,332/month

90 Days on Market

About This Home

As of September 2015

GREAT RENTAL PROPERTY IN THE HEART OF EAST LOS ANGELES, ONLY ABOUT HALF A BLOCK NORTH OF WHITTIER BLVD. NEAR SHOPPING, TRANSPORTATION. UNITS HAVE NEWER KITCHEN CABINETS, SOME REMODEL WORK TO SOME OF THE BATHROOMS. 3 SEPARATE BUILDINGS. HIGHLY DESIRABLE AREA OF EAST LOS ANGELES. PLEASE DO NOT DISTURB THE OCCUPANTS.

Last Agent to Sell the Property

Sergio Tafolla

CENTURY 21 REALTY MASTERS License #00993732 Listed on: 05/22/2015

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Sergio Tafolla

CENTURY 21 REALTY MASTERS License #00993732 Listed on: 05/22/2015

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,257

Year Built

  • Built in 1947

Lot Details

  • 6,542 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 2,655 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 003
  • Tax Tract Number 4074

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,257

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 188.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6542.00
  • Price Per Lot Square Foot: 76.43
  • Lot Size Acres: 0.1500

Multi Family

  • Lot Size Area: 6542.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 003
  • Tax Tract Number: 4074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2017
Sold by
Mohan Kiran and Patel Chandra
Bought by
Mohan Kiran and Patel Chandra Mahendra
Current Estimated Value
$1,043,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$342,066
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$598,096

Purchase Details

Closed on
Aug 30, 2017
Sold by
Mohan Kiran and Patel Chandra Mahendra
Bought by
Mohan Kiran and Patel Chandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$342,066
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$598,096

Purchase Details

Listed on
May 22, 2015
Closed on
Sep 15, 2015
Sold by
Quintor Maria Socorro and Rubio Humberto
Bought by
Kiran Mohan and Chandra Mahendra Patel Com
Seller's Agent
Sergio Tafolla
CENTURY 21 REALTY MASTERS
Buyer's Agent
Sergio Tafolla
CENTURY 21 REALTY MASTERS
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Jul 2, 2009
Sold by
Rubio Rosa
Bought by
Rubio Humberto and Rubio Rosa

Purchase Details

Closed on
May 27, 2009
Sold by
Quintor Francisco
Bought by
Quintor Maria Socorro

Purchase Details

Closed on
Jun 6, 2002
Sold by
Quintor Francisco and Quintor Ofelia
Bought by
Quintor Francisco and Rubio Rosa

Purchase Details

Closed on
Mar 15, 1996
Sold by
Quintor Francisco and Quintor Ofelia
Bought by
Quintor Francisco and Quintor Ofelia
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
Mohan Kiran -- None Available
Mohan Kiran -- Pacific Coast Title Company
Kiran Mohan $500,000 Wfg
Rubio Humberto -- None Available
Quintor Maria Socorro -- None Available
Quintor Francisco -- None Available
Quintor Francisco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohan Kiran $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $500,000 -16.5% $188 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $599,000 -- $226 / 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 $9,257 $591,892 $355,136 $236,756
2024 $9,257 $580,287 $348,173 $232,114
2023 $8,775 $568,910 $341,347 $227,563
2022 $8,408 $557,755 $334,654 $223,101
2021 $8,310 $546,820 $328,093 $218,727
2020 $8,364 $541,214 $324,729 $216,485
2019 $8,070 $530,603 $318,362 $212,241
2018 $7,904 $520,200 $312,120 $208,080
2016 $7,585 $500,000 $300,000 $200,000
2015 $4,983 $279,175 $105,204 $173,971
2014 $4,996 $273,708 $103,144 $170,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB15110709

California Regional Multiple Listing Service (CRMLS)

APN: 5240-007-006