NOT LISTED FOR SALE

750 E 53rd St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $672,000 - $943,000

6 Beds
4 Baths
2,132 Sq Ft
$384/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $66,000 $31 Per Sq Ft

Est. 1,142% increase in value since last sale

Current estimated payment $4,986/month

8 Days on Market

About This Home

As of November 2019

**BIG INVESTMENT OPPORTUNITY** 4 UNITS WITH EXCELLENT RENT AMOUNT COLLECTED! This great opportunity won't last! Located to all amenities of life close to parks, schools, shopping centers, restaurants, churches, public transportation, and close to major freeways. Two out of the four units are 2 bedroom and 1 bath each and the other two are 1 bedroom and 1 bath. Three separate buildings with enough space in between and spacious back yard. Three out of the 4 units are in GOOD condition and the other one needs a bit of TLC. Very good tenants don't miss out!

Last Agent to Sell the Property

Diana Hernandez

Century 21 Allstars License #01814655 Listed on: 10/02/2019

Century 21 Allstars

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 6,088 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Home Design

  • Quadruplex

Interior Spaces

  • 2,132 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 8
  • Assessor Parcel Number 5103007013

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $911
  • Water Sewer Expense $2,400
  • New Taxes Expense $5,060
  • Operating Expense $8,971
  • Gross Income $56,189
  • Net Operating Income $56,189

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5103007013
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 30.96

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6088.00
  • Lot Size Acres: 0.1398

Multi Family

  • Gross Income: 56189.00
  • Gross Scheduled Income: 65160.00
  • Insurance Expense: 911.00
  • Lot Size Area: 6088.0000 Square Feet
  • Net Operating Income: 56189.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8971.00
  • Rent Control: Yes
  • Total Expenses: 8971.00

Tax Info

  • New Taxes Expense: 5060.00
  • Tax Census Tract: 2294.20
  • Tax Lot: 8
  • Tax Tract Number: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Oct 11, 2019
Sold by
West Coast 2013 4 Llc
Bought by
Brenenson Yaacov
Seller's Agent
Diana Hernandez
Century 21 Allstars
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$649,900
Sold Price
$66,000
Premium/Discount to List
-$583,900
-89.84%
Current Estimated Value
$819,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,427
Avg. Annual Appreciation
50.02%
Original Mortgage
$528,000
Outstanding Balance
$463,497
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$355,930

Purchase Details

Closed on
Sep 10, 2014
Sold by
Thayer Dale
Bought by
West Coast 2013-4 Llc

Purchase Details

Closed on
Aug 6, 2014
Sold by
West Coast 2013 4 Llc
Bought by
Thayer Dale

Purchase Details

Closed on
Dec 11, 2013
Sold by
West Coast 2010-1 Llc
Bought by
West Coast 2013-4 Llc

Purchase Details

Closed on
Sep 17, 2012
Sold by
Brizuela Juan Miguel
Bought by
West Coast 2010-1 Llc

Purchase Details

Closed on
Jan 5, 2011
Sold by
Brizuela Juan Miguel
Bought by
Ritz Financial Llc

Purchase Details

Closed on
Feb 10, 1999
Sold by
Diaz Sonia E
Bought by
Brizuela Juan Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.25%

Purchase Details

Closed on
Feb 6, 1999
Sold by
Diaz Sonia E
Bought by
Brizuela Juan Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.25%

Purchase Details

Closed on
Feb 3, 1999
Sold by
Diaz Sonia E
Bought by
Brizuela Juan Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.25%

Purchase Details

Closed on
Apr 15, 1996
Sold by
Hud
Bought by
Brizuela Juan Miguel and Diaz Sonia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,450
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 1995
Sold by
Midfirst Bank
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Brenenson Yaacov $660,000 Lawyers Title
West Coast 2013-4 Llc -- Accommodation
Thayer Dale -- Wfg Title Company
Thayer Dale -- Wfg Title Company
West Coast 2013-4 Llc -- None Available
West Coast 2010-1 Llc $239,000 Pacific Coast Title Company
Ritz Financial Llc $239,699 None Available
Brizuela Juan Miguel -- California Counties Title Co
Brizuela Juan Miguel -- Landsafe Title
Brizuela Juan Miguel -- --
Brizuela Juan Miguel $144,000 California Counties Title Co
Hud -- Gateway Title Company
Midfirst Bank $179,573 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brenenson Yaacov $528,000
Previous Owner Brizuela Juan Miguel $204,000
Previous Owner Brizuela Juan Miguel $163,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $66,000 -89.8% $31 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $649,900 -- $305 / 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 $8,913 $721,801 $437,456 $284,345
2024 $8,913 $707,649 $428,879 $278,770
2023 $8,745 $693,774 $420,470 $273,304
2022 $8,345 $680,172 $412,226 $267,946
2021 $8,238 $666,837 $404,144 $262,693
2020 $8,318 $660,000 $400,000 $260,000
2019 $5,134 $403,298 $208,792 $194,506
2018 $5,060 $395,392 $204,699 $190,693
2016 $4,825 $380,040 $196,751 $183,289
2015 $4,757 $374,332 $193,796 $180,536
2014 $4,798 $240,084 $170,771 $69,313
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Diana Hernandez

    Century 21 Allstars

    Section Image
  • Carlos Estrada

    Buyer's Agent in 2019

    Carlos Estrada

    Liberty Investment Group

    (562) 477-8983

    2 in this area

    49 Total Sales

    Carlos Estrada
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19234027

California Regional Multiple Listing Service (CRMLS)

APN: 5103-007-013

California Los Angeles County Los Angeles 90011 South Park

750 E 53rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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