NOT LISTED FOR SALE

8321 Grape St Los Angeles, CA 90001

Estimated Value: $770,797 - $858,000

5 Beds
3 Baths
1,620 Sq Ft
$496/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $700,000 $432 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,101/month

20 Days on Market

About This Home

As of June 2022

GREAT RENTAL PROPERTY. Two units property being used as 3 units. Front and back units have washer and dryer hookups. There is plenty space for each tenant to park. Property to be sold with tenants in place.

Last Agent to Sell the Property

Jose Acosta

Pak Home Realty License #01488402 Listed on: 04/20/2022

Pak Home Realty

Last Buyer's Agent

Jaz Visitacion Pagaduan

Realty ONE Group Summit License #02162404

Realty ONE Group Summit

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,707 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 1,620 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Legal Lot and Block 9 / 3
  • Tax Tract Number 535
  • Assessor Parcel Number 6026027005
  • $1,145 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,800
  • Gardener Expense $900
  • Other Expense $1,440
  • Trash Expense $1,200
  • Operating Expense $5,340
  • Gross Income $66,168
  • Net Operating Income $60,828

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6026027005
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 432.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 6707.00
  • Lot Size Acres: 0.1540

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 66168.00
  • Gross Scheduled Income: 66168.00
  • Lot Size Area: 6707.0000 Square Feet
  • Net Operating Income: 60828.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 2
  • Operating Expense: 5340.00
  • Other Expense: 1440.00
  • Other Expense Description: Gas
  • Rent Control: No
  • Total Actual Rent: 5514.00
  • Total Expenses: 5340.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 5353.00
  • Tax Lot: 9
  • Tax Tract Number: 535...
  • TaxOtherAnnualAssessmentAmount: 1145.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Jul 12, 2017
Sold by
Nazarian Yeghis
Bought by
Nazarian Onik
Seller's Agent
Margo Cagle
SRG Properties
Buyer's Agent
Margo Cagle
SRG Properties
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$804,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,199
Avg. Annual Appreciation
8.00%
Original Mortgage
$315,000
Outstanding Balance
$261,712
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$542,487

Purchase Details

Closed on
Mar 16, 2017
Sold by
Perez Lilliana and Michel Lilliana
Bought by
Ghazarian Vahan and Nazarian Onik

Purchase Details

Closed on
Aug 5, 2010
Sold by
Tdc Pacific Properties Inc
Bought by
Michel Lilliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,878
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2009
Sold by
Tdc Pacific Properties Inc
Bought by
Tdc Pacific Properties Inc

Purchase Details

Closed on
Jun 26, 2009
Sold by
Hussain Zahida and Espinoza Alicia
Bought by
Tdc Pacific Properties Llc

Purchase Details

Closed on
Mar 7, 2006
Sold by
Gonzalez Guadalupe and Chavez Alicia
Bought by
Hussain Zahida and Espinoza Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 23, 2004
Sold by
Gonzalez Guadalupe
Bought by
Gonzalez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1994
Sold by
Jones John W
Bought by
Gonzalez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,870
Interest Rate
4.45%
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
Nazarian Onik -- Chicago Title Company
Ghazarian Vahan -- Chicago Title Company
Ghazarian Vahan $420,000 Chicago Title Company
Perez Lilliana -- Chicago Title Company
Michel Lilliana $272,500 Provident Title Company
Tdc Pacific Properties Inc -- Provident Title Company
Tdc Pacific Properties Llc $110,500 None Available
Hussain Zahida $590,000 Orange Coast Title Company
Gonzalez Guadalupe -- Orange Coast Title Company
Gonzalez Guadalupe -- Landsafe Title
Gonzalez Guadalupe $130,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghazarian Vahan $315,000
Previous Owner Michel Lilliana $268,878
Previous Owner Gonzalez Guadalupe $118,000
Previous Owner Hussain Zahida $472,000
Previous Owner Gonzalez Guadalupe $136,000
Previous Owner Gonzalez Guadalupe $116,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2022 06/08/22 Sold $700,000 0.0% $432 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/09/2022 05/09/22 Off Market $700,000 -- --
05/04/2022 05/04/22 For Sale $689,900 -1.4% $426 / Sq Ft
05/03/2022 05/03/22 Off Market $700,000 -- --
04/21/2022 04/21/22 For Sale $689,900 -1.4% $426 / Sq Ft
04/20/2022 04/20/22 Off Market $700,000 -- --
07/20/2017 07/20/17 Sold $420,000 0.0% $269 / Sq Ft View Prior Sale
03/13/2017 03/13/17 Pending -- -- --
02/16/2017 02/16/17 Off Market $420,000 -- --
02/02/2017 02/02/17 For Sale $420,000 -- $269 / 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 $10,499 $742,845 $530,604 $212,241
2024 $10,499 $728,280 $520,200 $208,080
2023 $9,661 $714,000 $510,000 $204,000
2022 $6,343 $450,323 $289,494 $160,829
2021 $6,272 $441,494 $283,818 $157,676
2020 $6,316 $437,288 $280,908 $156,380
2019 $6,089 $428,720 $275,400 $153,320
2018 $5,912 $420,320 $270,000 $150,320
2016 $4,391 $294,913 $146,103 $148,810
2015 $4,328 $290,484 $143,909 $146,575
2014 $4,333 $284,795 $141,091 $143,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22080210

California Regional Multiple Listing Service (CRMLS)

APN: 6026-027-005