NOT LISTED FOR SALE

Estimated Value: $731,000 - $774,000

3 Beds
3 Baths
1,716 Sq Ft
$437/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $506,250 $295 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,673/month

9 Days on Market

About This Home

As of December 2018

DEVELOPMENT OPPORTUNITY, ZONED LAR4, TWO PARCELS in South LA. Here is your opportunity to purchase 2 side by side lots with a combined lot size of 14,299 SF! This property consists of 6 individual cottages with plenty of on-site parking, new windows, galvanized plumbing, separate water heaters and no rubbish. LOW Expenses for new owner. Don't miss out on this potential development opportunity OR keep and add to your portfolio. MUST BE SOLD WITH ADJACENT LOT, APN: 6013-006-009, MLS#18-396928.

Last Agent to Sell the Property

D. Danielle Hoston Wrighster

D Danielle Hoston Wrighster License #01304644 Listed on: 10/13/2018

Co-Listed By

Steven Ejiofor

License #01956782

Last Buyer's Agent

Gabriela Salazar

Century 21 Allstars License #01727875

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,077

Year Built

  • Built in 1923

Lot Details

  • 7,149 Sq Ft Lot

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • Private Parking

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6013-006-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,077

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 1716
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 298.66

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space, Private
  • Total Parking: 5

Lot Info

  • Assessed Improvement Value: 103555
  • Assessed Land Value: 251639
  • Assessor Parcel Number: 6013-006-010
  • Geocode Override: No
  • Lot Size Area: 7149

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.01
  • Number Of Units: 3
  • Total Annual Expense: 28676
  • Type Of Units: Detached
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2018
Closed on
Oct 29, 2018
Sold by
Rivera Miguel A and Rivera Vilma A
Bought by
Stl Venture Partners Llc
Seller's Agent
D. Danielle Hoston Wrighster
D Danielle Hoston Wrighster
Buyer's Agent
Gabriela Salazar
Century 21 Allstars
List Price
$512,500
Sold Price
$506,250
Premium/Discount to List
-$6,250
-1.22%
Current Estimated Value
$749,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,128
Avg. Annual Appreciation
6.14%
Original Mortgage
$354,375
Outstanding Balance
$312,212
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$442,992

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 11, 2015
Sold by
Oronoz Joe and Oronoz Sarah
Bought by
Rivera Miguel A and Rivera Vilma A
Seller's Agent
Christopher Marsocci
Goldcoast Commercial Group
Buyer's Agent
Gina DeAlba
List Price
$360,000
Sold Price
$343,000
Premium/Discount to List
-$17,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$240,100
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2013
Sold by
Oronoz Joe and Oronoz Sarah
Bought by
Oronoz Joe and Oronoz Sarah
Source: Public Records

Range of Values:

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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
Stl Venture Partners Llc $506,500 Lawyers Title
Rivera Miguel A $343,000 Chicago Title Company
Oronoz Joe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stl Venture Partners Llc $100,000
Open Stl Venture Partners Llc $354,375
Previous Owner Rivera Miguel A $240,100
Previous Owner Ceja Sergio $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $506,250 -1.2% $295 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/13/2018 10/13/18 For Sale $512,500 +49.4% $299 / Sq Ft
06/12/2015 06/12/15 Sold $343,000 -4.7% $200 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $360,000 -- $210 / Sq Ft
Source: The MLS

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 $7,077 $564,727 $341,626 $223,101
2024 $7,077 $553,655 $334,928 $218,727
2023 $6,949 $542,800 $328,361 $214,439
2022 $6,640 $532,158 $321,923 $210,235
2021 $6,553 $521,724 $315,611 $206,113
2020 $6,616 $516,375 $312,375 $204,000
2019 $6,364 $506,250 $306,250 $200,000
2018 $4,635 $362,297 $256,671 $105,626
2016 $4,427 $348,230 $246,705 $101,525
2015 $1,795 $127,382 $113,063 $14,319
2014 $1,824 $124,888 $110,849 $14,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-396938

The MLS

APN: 6013-006-010