NOT LISTED FOR SALE

7311 Elsie St Los Angeles, CA 90001

Florence-Graham Neighborhood

Estimated Value: $579,000 - $682,000

3 Beds
2 Baths
1,048 Sq Ft
$605/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $400,000 $382 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,902/month

56 Days on Market

About This Home

As of September 2019

2 units in the Florence Area, Great income property. Units consist of 3 bedroom 1 bath and 1 bedroom 1 bath buyer to verify sqft and bedroom count. Profile shows 2 bedrooms 1 bath and 1 bedroom 1 bath, Units have a driveway and a nice front yard. Units are in fair condition, DRIVE BY ONLY DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Ernesto Sifuentes

Century 21 A Better Service License #01290591 Listed on: 06/11/2019

Century 21 A Better Service

Co-Listed By

Jeremy Sifuentes

Century 21 A Better Service License #02083396

Century 21 A Better Service

Last Buyer's Agent

Jeremy Sifuentes

Century 21 A Better Service License #02083396

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,329

Year Built

  • Built in 1924

Lot Details

  • 5,233 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,048 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 4545
  • Assessor Parcel Number 6024019026

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,329

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6024019026
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 381.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5233.00
  • Lot Size Acres: 0.1201

Multi Family

  • Gross Income: 2000.00
  • Gross Scheduled Income: 2000.00
  • Lot Size Area: 5233.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5350.01
  • Tax Lot: 12
  • Tax Tract Number: 4545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2024
Sold by
Wing Agustina C and Bravo Alexandria
Bought by
Agustina C Wing Living Trust and Wing
Current Estimated Value
$634,140

Purchase Details

Listed on
Jun 11, 2019
Closed on
Aug 7, 2019
Sold by
Marquez Carmen and Marquez Gabriela
Bought by
Wing Agustina C and Bravo Alexandria
Seller's Agent
Ernesto Sifuentes
Century 21 A Better Service
Buyer's Agent
Jeremy Sifuentes
Century 21 A Better Service
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Feb 11, 2016
Sold by
Marquez Carmen
Bought by
Marquez Carmen and Marquez Gabriela
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
Agustina C Wing Living Trust -- None Listed On Document
Agustina C Wing Living Trust -- None Listed On Document
Wing Agustina C $400,000 Fidelity National Title Co
Marquez Carmen -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2019 09/12/19 Sold $400,000 -5.9% $382 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $425,000 -- $406 / 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 $6,329 $437,454 $284,345 $153,109
2024 $6,329 $428,877 $278,770 $150,107
2023 $6,058 $420,468 $273,304 $147,164
2022 $5,790 $412,225 $267,946 $144,279
2021 $5,728 $404,143 $262,693 $141,450
2020 $5,768 $400,000 $260,000 $140,000
2019 $1,436 $35,480 $24,946 $10,534
2018 $1,349 $34,785 $24,457 $10,328
2016 $1,295 $33,436 $23,508 $9,928
2015 $1,281 $32,934 $23,155 $9,779
2014 $1,290 $32,290 $22,702 $9,588
Source: Public Records

Agents Affiliated with this Home

  • Ernesto Sifuentes

    Seller's Agent in 2019

    Ernesto Sifuentes

    Century 21 A Better Service

    (562) 231-2890

    41 Total Sales

    Ernesto Sifuentes
    Section Image
  • Jeremy Sifuentes

    Seller Co-Listing Agent in 2019

    Jeremy Sifuentes

    Century 21 A Better Service

    (562) 806-1000

    36 Total Sales

    Jeremy Sifuentes
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19138365

California Regional Multiple Listing Service (CRMLS)

APN: 6024-019-026

California Los Angeles County Los Angeles 90001 Florence-Graham

7311 Elsie St, Los Angeles, CA

This home is located at 7311 Elsie St, Los Angeles, CA 90001 since 11 June 2019 and is currently estimated at $634,140, approximately $605 per square foot. This property was built in 1924. 7311 Elsie St is a home located in Los Angeles County with nearby schools including Wisdom Elementary School, Thomas A. Edison Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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