NOT LISTED FOR SALE

735 E 43rd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $495,176 - $805,000

2 Beds
1 Bath
1,936 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $260,000 $134 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,768/month

30 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 4-minute walk to Gilbert Lindsay Recreation Center
  • Cooling Available

About This Home

As of May 2014

GREAT INVESTMENT DEAL!!!!!! THREE UNITS ON THE LOT, UNIT ONE 2BED 1BATH OCCUPIED, UNIT TWO, 1BED 1BATH OCCUPIED, UNIT 3 THREE 1BED 1BATH OCCUPIED. PROPERTY SHOW LOTS OF FEATURES RECENT REPAIRS DONE BY SELLER ,TENANATS ARE MONTH TO MONTH.

Last Agent to Sell the Property

Eduardo Morales

Big Block Powerhouse Realty License #01774758 Listed on: 04/01/2014

Last Buyer's Agent

Holly Phan

RICHON PHAN License #01181149

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 5,112 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,936 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling Available
  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tenant pays for gas
  • Legal Lot and Block 43 / B
  • Tax Tract Number 2286
  • Assessor Parcel Number 5115008015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $840
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,000
  • Gross Income $1,852
  • Net Operating Income $21,024

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 5115008015
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 134.30

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 840.00
  • Water Source: Private
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5112.00
  • Lot Size Acres: 0.1170

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 1852.00
  • Gross Scheduled Income: 22224.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5112.0000 Square Feet
  • Net Operating Income: 21024.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1200.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Block: B
  • Tax Lot: 43
  • Tax Tract Number: 2286
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 5, 2014
Sold by
Jw Homes Llc
Bought by
Hang Annie
Seller's Agent
Eduardo Morales
Big Block Powerhouse Realty
Buyer's Agent
Holly Phan
RICHON PHAN
List Price
$249,000
Sold Price
$260,000
Premium/Discount to List
$11,000
4.42%
Current Estimated Value
$659,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,294
Avg. Annual Appreciation
8.27%

Purchase Details

Listed on
Aug 20, 2012
Closed on
Sep 12, 2012
Sold by
Jack Rockman Llc
Bought by
Jw Homes Llc
Seller's Agent
Ed Koenig
Ed Koenig IRE
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.60%

Purchase Details

Listed on
Aug 20, 2012
Closed on
Aug 22, 2012
Sold by
Wells Fargo Bank Na
Bought by
Jack Rockman Llc
Seller's Agent
Ed Koenig
Ed Koenig IRE
Sold Price
$185,000

Purchase Details

Closed on
Jan 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jul 14, 2011
Sold by
Hernandez Maria Alejandra and Hernandez Francisco
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Apr 1, 2008
Sold by
Hernandez Francisco and Hernandez Maria Alejandra
Bought by
Hernandez Maria Alejandra and Hernandez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2007
Sold by
Hernandez Francisco and Hernandez Maria Alejandra
Bought by
Hernandez Francisco and Hernandez Maria Alejandra

Purchase Details

Closed on
Nov 29, 2004
Sold by
Hernandez Francisco
Bought by
Hernandez Francisco and Hernandez Maria Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2004
Sold by
Hernandez Francisco and Hernandez Maria Alejandra
Bought by
Hernandez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2004
Sold by
Hernandez Francisco and Hernandez Maria Alejandra
Bought by
Hernandez Francisco and Hernandez Maria Alejandra

Purchase Details

Closed on
Dec 30, 2002
Sold by
Hernandez Maria Alejandra
Bought by
Hernandez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
5.83%

Purchase Details

Closed on
Oct 23, 2001
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
May 31, 2001
Sold by
Ramirez Juan M and Valadez Francisco Gomez
Bought by
Citimortgage Inc and Source One Mtg Corp

Purchase Details

Closed on
Sep 22, 1999
Sold by
Trow Bart
Bought by
Ramirez Juan M and Valadez Francisco Gomez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,046
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 1999
Sold by
Williams Keith R
Bought by
Trow Bart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.05%
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
Hang Annie $260,000 Fidelity Title
Jw Homes Llc $185,000 Servicelink
Jack Rockman Llc $185,000 Servicelink
Wells Fargo Bank N A -- First American Els
Federal National Mortgage Association $466,695 Accommodation
Hernandez Maria Alejandra -- Ticor Title Co Glendale
Hernandez Francisco -- Lawyers Title
Hernandez Francisco -- --
Hernandez Francisco -- Lawyers Title
Hernandez Francisco -- Lawyers Title
Hernandez Francisco -- --
Hernandez Francisco -- Gateway Title Company
Hernandez Francisco $255,000 Gateway Title Company
Hud -- First American Title Ins Co
Citimortgage Inc $255,180 First American Title Co
Ramirez Juan M $239,000 First American Title Co
Trow Bart $90,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Maria Alejandra $452,000
Previous Owner Hernandez Francisco $308,000
Previous Owner Hernandez Francisco $229,500
Previous Owner Ramirez Juan M $237,046
Previous Owner Trow Bart $125,000
Closed Hernandez Francisco $38,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2014 05/15/14 Sold $260,000 +4.4% $134 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $249,000 +34.6% $129 / Sq Ft
09/11/2012 09/11/12 Sold $185,000 -- $96 / Sq Ft View Prior Sale
08/20/2012 08/20/12 Pending -- -- --
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 $4,133 $318,711 $196,130 $122,581
2024 $4,133 $312,463 $192,285 $120,178
2023 $4,059 $306,337 $188,515 $117,822
2022 $3,879 $300,331 $184,819 $115,512
2021 $3,824 $294,444 $181,196 $113,248
2020 $3,858 $291,426 $179,339 $112,087
2019 $3,715 $285,713 $175,823 $109,890
2018 $3,628 $280,112 $172,376 $107,736
2016 $3,454 $269,237 $165,684 $103,553
2015 $3,407 $265,194 $163,196 $101,998
2014 -- $185,838 $92,919 $92,919
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Eduardo Morales

    Big Block Powerhouse Realty

    (562) 806-1000

    9 Total Sales

    Eduardo Morales
    Section Image

  • H

    Buyer's Agent in 2014

    Holly Phan

    RICHON PHAN

    Section Image
  • Ed Koenig

    Seller's Agent in 2012

    Ed Koenig

    Ed Koenig IRE

    (818) 903-8088

    30 Total Sales

    Ed Koenig
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14066629

California Regional Multiple Listing Service (CRMLS)

APN: 5115-008-015

California Los Angeles County Los Angeles 90011 Historic South Central

735 E 43rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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