NOT LISTED FOR SALE

807 E Vernon Ave Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $655,000 - $784,000

4 Beds
3 Baths
1,500 Sq Ft
$464/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $401,000 $267 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,122/month

135 Days on Market

About This Home

As of August 2016

VERY ATTRACTIVE TRIPLEX IN EAST SOUTH NEIGHBORHOOD OF LOS ANGELES, CONSISTS OF 2 UNITS OF 1 BEDROOM AND 1 BATH AND 1 UNIT OF 2 BEDROOMS AND 1 BATH, WITH NEW KITCHEN CABINETS AND TILE COUNTER TOPS, WOOD FLOORING ON EACH ROOM. FRONT AND BACK YARDS WITH OFF STREET PARKING FOR ALL UNITS HAS METAL GATE. GREAT FOR MULTI FAMILY OR TO LIVE IN ONE AND RENT THE REST. VERY CLOSE TO 110 FRWY, TO USC UNIVERSITY COLISEUM, AND ALL DOWNTOWN AMENITIES, LOTS OF PUBLIC TRANSPORTATION AND WALKING DISTANCE TO METRO TRAIN. PLEASE DON'T DISTURB THE TENANTS, SHOWING WITH OFFERS SUBJECT TO AN INSPECTION.

Last Agent to Sell the Property

Conrad Martinez

Lema Realty License #01041149 Listed on: 02/22/2016

Last Buyer's Agent

Uriel Estrada

Executive Bankers Realty License #01731711

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 4,688 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Parking Spaces

Interior Spaces

  • 1,500 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 4547
  • Assessor Parcel Number 5115012025

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $400
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,520
  • Gross Income $3,000
  • Net Operating Income $17,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 5115012025
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Price Per Square Foot: 267.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer Paid
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4688.00
  • Price Per Lot Square Foot: 93.84
  • Lot Size Acres: 0.1080

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4688.0000 Square Feet
  • Net Operating Income: 17280.00
  • 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: 8720.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5520.00
  • Tax Lot: 56
  • Tax Tract Number: 4547

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Aug 8, 2016
Sold by
Ramos Blanca E
Bought by
Sabzehroo Daryoush and Kharrazi Lida
Seller's Agent
Conrad Martinez
Lema Realty
Buyer's Agent
Uriel Estrada
Executive Bankers Realty
List Price
$459,900
Sold Price
$401,000
Premium/Discount to List
-$58,900
-12.81%
Current Estimated Value
$695,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,373
Avg. Annual Appreciation
6.03%
Original Mortgage
$280,000
Outstanding Balance
$223,407
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$471,966

Purchase Details

Closed on
Jul 26, 2005
Sold by
Orellana Victor H
Bought by
Ramos Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2005
Sold by
Herrera Walter A
Bought by
Ramos Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 1997
Sold by
Cofre Joseph and The Arminta Trust
Bought by
Herrera Walter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,505
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 1997
Sold by
Solis Edward and Solis Marissa
Bought by
Cofre Joseph

Purchase Details

Closed on
Jul 14, 1997
Sold by
Vizcarra Ana and Grape Street Trust
Bought by
Solis Edward and Solis Marissa

Purchase Details

Closed on
Feb 12, 1996
Sold by
Bank Of America Nt & Sa
Bought by
Vizcarra Ana and The Grape Street Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7%

Purchase Details

Closed on
Sep 28, 1995
Sold by
Rivas Josue Joel and Rivas Blanca Luz
Bought by
Security Pacific National Bank

Purchase Details

Closed on
Sep 8, 1994
Sold by
Monge Nelson A
Bought by
Monge Edgar A and Monge Celita M
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
Sabzehroo Daryoush $401,000 Old Republic Title
Ramos Blanca -- Fidelity Van Nuys
Ramos Blanca E $430,000 Fidelity Van Nuys
Herrera Walter A $662,727 --
Cofre Joseph -- --
Solis Edward -- --
Vizcarra Ana $85,000 Fidelity Title
Security Pacific National Bank $119,537 --
Monge Edgar A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabzehroo Daryoush $280,000
Previous Owner Ramos Blanca E $387,000
Previous Owner Herrera Walter A $158,505
Previous Owner Vizcarra Ana $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $401,000 -12.8% $267 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $459,900 -- $307 / 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 $5,880 $465,388 $301,749 $163,639
2024 $5,880 $456,264 $295,833 $160,431
2023 $5,771 $447,319 $290,033 $157,286
2022 $5,512 $438,549 $284,347 $154,202
2021 $5,442 $429,951 $278,772 $151,179
2020 $5,493 $425,543 $275,914 $149,629
2019 $5,285 $417,200 $270,504 $146,696
2018 $5,195 $409,020 $265,200 $143,820
2016 $6,193 $496,387 $353,476 $142,911
2015 $6,105 $488,932 $348,167 $140,765
2014 $6,141 $479,355 $341,347 $138,008
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Conrad Martinez

    Lema Realty

    Section Image

  • U

    Buyer's Agent in 2016

    Uriel Estrada

    Executive Bankers Realty

    (562) 458-9215

    34 Total Sales

    Uriel Estrada
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16036445

California Regional Multiple Listing Service (CRMLS)

APN: 5115-012-025

California Los Angeles County Los Angeles 90011 Historic South Central

807 E Vernon Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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