Seller's Agent in 2018
Jaime Perez
REALTY WORLD CALIFORNIA PROPERTIES
(323) 691-6686
29 Total Sales
7408 S Figueroa St Los Angeles, CA 90003
Vermont Knolls NeighborhoodEstimated Value: $3,306,000 - $4,412,314
7
Beds
3
Baths
3,228
Sq Ft
$1,213/Sq Ft
Est. Value
Highlights
- 11,602 Sq Ft lot
- Laundry Room
- Rectangular Lot
- Private Yard
About This Home
As of August 20183 Units sit on a large lot of over 11,500 sqft. One unit is detached and sits at rear of large property with its own front yard and plenty of privacy. Great income opportunity. Rear unit consists of 2 bedroom and 1 bathroom, front top unit 3 bedroom 1 bath and front lower unit 2 bedroom 1 bath. Centrally located and minutes from USC, Downtown Los Angeles, and 110 Freeway. Must see in person to really appreciate what this property has to offer.
Last Agent to Sell the Property
REALTY WORLD CALIFORNIA PROPERTIES License #01355897 Listed on: 05/16/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $47,627
Year Built
- Built in 1935
Lot Details
- 0.27 Acre Lot
- 1 Common Wall
- Rectangular Lot
- Level Lot
- Private Yard
- Front Yard
Home Design
- 3,228 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tax Lot Q
- Tax Tract Number 2377
- Assessor Parcel Number 6020031011
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,320
- Trash Expense $900
- New Taxes Expense $9,106
- Operating Expense $11,326
- Gross Income $58,800
- Net Operating Income $56,580
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 9, 2023
Sold by
Drona Investments Llc
Bought by
Studios On Fig Llc
Current Estimated Value
Purchase Details
Closed on
Dec 18, 2020
Sold by
Brk Inc
Bought by
Atzmon Yoav
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$597,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2020
Sold by
Atzmon Yoav
Bought by
Brk Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$597,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 2018
Sold by
Lopez Nidia E
Bought by
Brk Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 25, 2007
Sold by
Galvan Cornelio
Bought by
Lopez Marco and Lopez Nidia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2005
Sold by
Galvan Maria
Bought by
Galvan Cornelio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 19, 2003
Sold by
Saenz Ernesto
Bought by
Galvan Cornelio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,922
Interest Rate
5.17%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 7, 2000
Sold by
Ostelesis Corp
Bought by
Galvan Cornelio and Saenz Ernesto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,777
Interest Rate
8.06%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 19, 2000
Sold by
Hernandez Ostes and Hernandez Candice
Bought by
Ostelesis Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,777
Interest Rate
8.06%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 20, 1997
Sold by
Ostelesis Corp
Bought by
Hernandez Ostes and Hernandez Candice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,250
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 2, 1996
Sold by
Neilson R Todd and Case #La 94-48351
Bought by
Ostelesis Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.03%
Purchase Details
Closed on
May 27, 1994
Sold by
Coelho Felipe
Bought by
Joint Development Inc
Purchase Details
Closed on
Oct 7, 1993
Sold by
Joint Development Inc
Bought by
Galarneau William T
Purchase Details
Closed on
Aug 30, 1993
Sold by
Joint Development Inc
Bought by
Coelho Felipe
Purchase Details
Closed on
Aug 28, 1993
Sold by
Chou Ming Chun and Chou Li Ling
Bought by
Joint Development Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Studios On Fig Llc | $3,910,000 | Orange Coast Title | |
| Atzmon Yoav | -- | Western Resources Ttl & Synr | |
| Brk Inc | -- | Western Resources Title | |
| Brk Inc | $785,000 | Old Republic Title Company | |
| Lopez Marco | $550,000 | Chicago Title Co | |
| Galvan Cornelio | -- | Lawyers Title Company | |
| Galvan Cornelio | -- | Orange Coast Title Company | |
| Galvan Cornelio | $155,000 | South Coast Title | |
| Galvan Cornelio | -- | South Coast Title | |
| Ostelesis Corp | -- | South Coast Title | |
| Hernandez Ostes | -- | Fidelity National Title | |
| Ostelesis Corp | $50,000 | Commonwealth Land Title | |
| Joint Development Inc | -- | -- | |
| Galarneau William T | -- | -- | |
| Coelho Felipe | -- | -- | |
| Joint Development Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Studios On Fig Llc | $15,300,000 | |
| Previous Owner | Atzmon Yoav | $597,000 | |
| Previous Owner | Brk Inc | $600,000 | |
| Previous Owner | Brk Inc | $600,000 | |
| Previous Owner | Brk Inc | $525,000 | |
| Previous Owner | Lopez Marco | $440,000 | |
| Previous Owner | Galvan Cornelio | $260,000 | |
| Previous Owner | Galvan Cornelio | $163,922 | |
| Previous Owner | Galvan Cornelio | $156,513 | |
| Previous Owner | Galvan Cornelio | $152,777 | |
| Previous Owner | Hernandez Ostes | $91,250 | |
| Previous Owner | Ostelesis Corp | $86,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2018 08/27/18 | Sold | $785,000 | 0.0% | $243 / Sq Ft |
| 08/04/2018 08/04/18 | For Sale | $785,000 | 0.0% | $243 / Sq Ft |
| 06/18/2018 06/18/18 | Pending | -- | -- | -- |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- |
| 05/16/2018 05/16/18 | For Sale | $785,000 | -- | $243 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $47,627 | $3,988,200 | $2,805,000 | $1,183,200 |
| 2024 | $47,627 | $3,910,000 | $2,750,000 | $1,160,000 |
| 2023 | $18,462 | $1,479,000 | $1,224,000 | $255,000 |
| 2022 | $10,338 | $825,173 | $614,938 | $210,235 |
| 2021 | $10,200 | $808,994 | $602,881 | $206,113 |
| 2020 | $10,298 | $800,700 | $596,700 | $204,000 |
| 2019 | $9,907 | $785,000 | $585,000 | $200,000 |
| 2018 | $8,568 | $680,000 | $485,700 | $194,300 |
| 2016 | $5,393 | $420,000 | $300,000 | $120,000 |
| 2015 | $5,394 | $420,000 | $300,000 | $120,000 |
| 2014 | $4,593 | $343,000 | $213,700 | $129,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jaime Perez
-
Michael Kafaei
Buyer's Agent in 2018
Michael Kafaei
Keller Williams Beverly Hills
(310) 651-4326
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB18115081
APN: 6020-031-011
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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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