NOT LISTED FOR SALE

735 E 43rd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $496,965 - $675,000

2 Beds
1 Bath
1,936 Sq Ft
$310/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2014

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

Est. 131% increase in value since last sale

Current estimated payment $3,589 / mo

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

5,112 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 5, 2014
Sold by
Bought by
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
$600,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,991
Avg. Annual Appreciation
7.16%

Purchase Details

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

Purchase Details

Closed on
Jan 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2008
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Nov 29, 2004
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Dec 30, 2002
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
May 31, 2001
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 1999
Sold by
Bought by

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
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 Fidelity Title
$185,000 Servicelink
$185,000 Servicelink
-- First American Els
$466,695 Accommodation
-- Ticor Title Co Glendale
-- Lawyers Title
-- --
-- Lawyers Title
-- Lawyers Title
-- --
-- Gateway Title Company
$255,000 Gateway Title Company
-- First American Title Ins Co
$255,180 First American Title Co
$239,000 First American Title Co
$90,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $452,000
Previous Owner $308,000
Previous Owner $229,500
Previous Owner $237,046
Previous Owner $125,000
Closed $38,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,201 $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

    29 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

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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