NOT LISTED FOR SALE

Estimated Value: $770,975 - $791,000

5 Beds
3 Baths
2,068 Sq Ft
$378/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $677,500 $328 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,806/month

103 Days on Market

About This Home

As of November 2023

Come and see this amazing cash flowing Triplex located in South Los Angeles. The property consists of a 3 bedroom/ 1-bathroom house renting for $2350, and two (2) 1 bedroom / 1 bathroom units.
The property is well located and easily accessible to the 110 freeway, and a short drive to the work corridors of Downtown Los Angeles, Long Beach, and LAX.

Drive by only. Please do not disturb occupants.

Last Agent to Sell the Property

Edmon Lee

Lee Commercial Properties License #01702793 Listed on: 06/15/2023

Last Buyer's Agent

Magda Azmitia Mendez

Century 21 LOTUS License #01959054

Century 21 LOTUS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,101 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1182
  • Tax Tract Number 6
  • Assessor Parcel Number 6029018023
  • $402 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $1,863
  • New Taxes Expense $8,113

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6029018023
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 327.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5101.00
  • Lot Size Acres: 0.1171

Multi Family

  • Lot Size Area: 5101.0000 Square Feet
  • Maintenance Expense: 1863.40
  • 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

  • New Taxes Expense: 8112.50
  • Tax Census Tract: 2398.02
  • Tax Lot: 1182
  • Tax Tract Number: 6
  • TaxOtherAnnualAssessmentAmount: 402.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Oct 10, 2023
Sold by
Muralles Juanta Fidelia Aurora
Bought by
Jimenez Angel David Murall
Seller's Agent
Edmon Lee
Lee Commercial Properties
Buyer's Agent
Magda Azmitia Mendez
Century 21 LOTUS
List Price
$715,000
Sold Price
$677,500
Premium/Discount to List
-$37,500
-5.24%
Views
243
Current Estimated Value
$784,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,580
Avg. Annual Appreciation
6.72%
Original Mortgage
$540,000
Outstanding Balance
$529,521
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$251,223

Purchase Details

Listed on
Jun 15, 2023
Closed on
Sep 28, 2023
Sold by
Ju Joong Kyung
Bought by
Jimenez Angel David Murall
Seller's Agent
Edmon Lee
Lee Commercial Properties
Buyer's Agent
Magda Azmitia Mendez
Century 21 LOTUS
List Price
$715,000
Sold Price
$677,500
Premium/Discount to List
-$37,500
-5.24%
Views
243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$529,521
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$251,223

Purchase Details

Listed on
May 7, 2018
Closed on
Sep 21, 2018
Sold by
Ju Jaonne Hee
Bought by
Ju Joong Kyung
Seller's Agent
Greg Bingham
Coldwell Banker Realty
Buyer's Agent
Edmon Lee
Lee Commercial Properties
List Price
$440,000
Sold Price
$451,000
Premium/Discount to List
$11,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$338,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2018
Closed on
Sep 11, 2018
Sold by
Gonzalez Rosendo and Estate Of Rafael Cazares Torre
Bought by
Ju Joong Kyung
Seller's Agent
Greg Bingham
Coldwell Banker Realty
Buyer's Agent
Edmon Lee
Lee Commercial Properties
List Price
$440,000
Sold Price
$451,000
Premium/Discount to List
$11,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2018
Sold by
Cazares Ricardo
Bought by
Gonzalez Rosendo

Purchase Details

Closed on
Feb 19, 2016
Sold by
Torres Rafael Cazares
Bought by
Cazares Ricardo and The 2016 Rafael Cazares Torres

Purchase Details

Closed on
Mar 12, 2004
Sold by
Torres Rafael Cazares and Corrales Marisela
Bought by
Torres Rafael Cazares

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Castellon Salvador
Bought by
Cazares Rafael and Corrales Marisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,338
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2001
Sold by
Amona Pirooz
Bought by
American Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,338
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2001
Sold by
American Estate Investments Inc
Bought by
Castellon Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Interest Rate
7.03%

Purchase Details

Closed on
Dec 22, 1999
Sold by
American Estate Investments Inc
Bought by
Amona Pirooz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
3.85%

Purchase Details

Closed on
Nov 10, 1999
Sold by
Hiruko Chris and Hiruko Charmaine T
Bought by
American Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
3.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jimenez Angel David Murall -- Lawyers Title Company
Jimenez Angel David Murall $675,000 Lawyers Title Company
Ju Joong Kyung -- First American Title Company
Ju Joong Kyung $451,000 First American Title Company
Gonzalez Rosendo -- None Available
Cazares Ricardo -- None Available
Torres Rafael Cazares -- California Counties Title Co
Cazares Rafael $240,000 Fidelity National Title
American Estate Investments Inc -- --
Castellon Salvador -- Fidelity Title
Amona Pirooz -- Fidelity Title
American Estate Investments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Angel David Murall $540,000
Previous Owner Ju Joong Kyung $338,250
Previous Owner Torres Rafael Cazares $240,000
Previous Owner Cazares Rafael $233,338
Previous Owner Castellon Salvador $145,200
Previous Owner Amona Pirooz $112,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2023 11/01/23 Sold $677,500 -0.4% $328 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $680,000 -7.5% $329 / Sq Ft
08/16/2023 08/16/23 Price Changed $735,000 +2.8% $355 / Sq Ft
06/15/2023 06/15/23 For Sale $715,000 +58.5% $346 / Sq Ft
10/03/2018 10/03/18 Sold $451,000 +2.5% $218 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $440,000 -- $213 / 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 $8,534 $690,540 $479,400 $211,140
2024 $8,534 $677,000 $470,000 $207,000
2023 $6,212 $483,561 $321,660 $161,901
2022 $5,931 $474,080 $315,353 $158,727
2021 $5,852 $464,785 $309,170 $155,615
2020 $5,907 $460,280 $306,000 $154,280
2019 $5,682 $451,260 $300,000 $151,260
2018 $4,843 $381,046 $172,706 $208,340
2017 $0 $373,320 $169,320 $204,000
2016 $4,317 $347,915 $137,457 $210,458
2015 $4,256 $342,690 $135,393 $207,297
2014 $4,286 $335,978 $132,741 $203,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23107126

California Regional Multiple Listing Service (CRMLS)

APN: 6029-018-023