NOT LISTED FOR SALE

Estimated Value: $639,529 - $715,000

3 Beds
3 Baths
1,611 Sq Ft
$430/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $320,000 $199 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,035/month

151 Days on Market

About This Home

As of October 2013

We are proud to exclusively present this 3 unit investment opportunity in Los Angeles. Made up of 1bd + 1ba cottages, this property provides both novice and seasoned investors the opportunity to add a turnkey triplex with rental upside to their portfolio. Its close proximity to the 110 Freeway allows tenants easy access to various work and entertainment hubs.

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 05/16/2013

Remax Commercial and Investment Realty

Co-Listed By

David Yashar

Keller Williams Realty License #01102638

Last Buyer's Agent

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 05/16/2013

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,140 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,611 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6029-018-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1611
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 204.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 99376
  • Assessed Land Value: 136989
  • Assessor Parcel Number: 6029-018-010
  • Geocode Override: No
  • Lot Size Area: 5140

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.82
  • Number Of Units: 3
  • Type Of Units: Cottage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2014
Sold by
Volpe Enzo
Bought by
V E L Company Llc
Current Estimated Value
$693,132

Purchase Details

Listed on
May 16, 2013
Closed on
Oct 9, 2013
Sold by
Florence Pacific Realty Llc
Bought by
Volpe Enzo
Seller's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
Buyer's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
List Price
$345,000
Sold Price
$320,000
Premium/Discount to List
-$25,000
-7.25%

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
May 17, 2010
Sold by
Md 5 Holdings Llc
Bought by
Florence Pacific Realty Llc

Purchase Details

Closed on
May 14, 2010
Sold by
Noy Dudi
Bought by
Md 5 Holding Llc

Purchase Details

Closed on
Dec 28, 2009
Sold by
Agamalian John
Bought by
Noy Dudi

Purchase Details

Closed on
Aug 14, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Agamalian John

Purchase Details

Closed on
Jul 13, 2009
Sold by
Moreno Carlos
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 15, 2005
Sold by
Grebe Rene and Grebe Olga Pilar
Bought by
Moreno Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2002
Sold by
Hernandez Luis and Hernandez Patricia
Bought by
Grebe Rene and Grebe Pilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.31%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
V E L Company Llc -- None Available
Volpe Enzo $320,000 Fidelity National Title Co
Florence Pacific Realty Llc -- Fidelity National Title Co
Md 5 Holding Llc -- Fidelity National Title Co
Noy Dudi -- Chicago Title Co
Agamalian John $133,000 Ticor Title Redlands
Federal Home Loan Mortgage Corporation $195,000 Accommodation
Moreno Carlos $358,000 United Title Company
Moreno Carlos -- United Title Company
Grebe Rene $160,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Carlos $286,400
Previous Owner Grebe Rene $120,000
Closed Moreno Carlos $71,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2013 10/16/13 Sold $320,000 -7.2% $199 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $345,000 -- $214 / Sq Ft
Source: The MLS

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 $4,964 $392,264 $220,649 $171,615
2024 $4,964 $384,573 $216,323 $168,250
2023 $4,872 $377,033 $212,082 $164,951
2022 $4,653 $369,641 $207,924 $161,717
2021 $4,591 $362,395 $203,848 $158,547
2020 $4,634 $358,680 $201,758 $156,922
2019 $4,458 $351,648 $197,802 $153,846
2018 $4,383 $344,754 $193,924 $150,830
2016 $4,181 $331,369 $186,395 $144,974
2015 $4,122 $326,393 $183,596 $142,797
2014 -- $320,000 $180,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-673031

The MLS

APN: 6029-018-010