NOT LISTED FOR SALE

833 W 80th St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $1,078,000 - $1,470,000

9 Beds
6 Baths
972 Sq Ft
$1,260/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $640,000 $658 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $7,409/month

About This Home

As of May 2018

Great investment property for first time home buyer, live in one and rent the other two to help support the mortgage payment. BIG PLUS, NO RENT CONTROL, FRONT UNIT BUILT IN 1994 MIDDLE AND BACK UNIT BUILT IN 2005. PLENTY OF PARKING FOR EACH UNIT. BACK UNIT HAS A PRIVATE YARD. ALL CURRENT TENANTS ARE MONTH TO MONTH. AND CURRENT RENTS ARE BELOW MARKET PRICE GREAT UPSIDE FOR FUTURE RENTS.ALL UNITS HAS LAUNDRY HOOK UPS.

Last Agent to Sell the Property

Ernestine Crews

Ernestine Crews License #01013911 Listed on: 12/06/2017

Last Buyer's Agent

Ike Obasi

First Vision Real Estate and Financial Services License #01465986

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,843

Year Built

  • Built in 1994

Lot Details

  • 9,302

Home Design

  • 972 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Additional Features

  • 9,302 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6032-002-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,843

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 972
  • Year Built: 1994
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 677.98

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 157404
  • Assessed Land Value: 207111
  • Assessor Parcel Number: 6032-002-006
  • Geocode Override: No
  • Lot Size Area: 9302

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 8.14
  • Number Of Units: 3
  • Type Of Units: bungalow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2020
Sold by
Kahen Edna Ghodsian
Bought by
Kahen Soleyman
Current Estimated Value
$1,224,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Outstanding Balance
$537,591
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$686,774

Purchase Details

Closed on
May 19, 2020
Sold by
833 80Th Llc
Bought by
Kahen Soleyman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Outstanding Balance
$537,591
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$686,774

Purchase Details

Closed on
Feb 28, 2020
Sold by
833 80Th Llc
Bought by
Kahen Soleyman

Purchase Details

Closed on
Jul 12, 2019
Sold by
833 80Th St Llc
Bought by
833 80Th Llc

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
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2018
Sold by
833 80Th Street Llc
Bought by
833 80Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 6, 2017
Closed on
Apr 15, 2018
Sold by
Ramirez Freida J
Bought by
833 80Th Street Llc
Seller's Agent
Ernestine Crews
Ernestine Crews
Buyer's Agent
Ike Obasi
First Vision Real Estate and Financial Services
List Price
$659,000
Sold Price
$640,000
Premium/Discount to List
-$19,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Listed on
Jun 30, 2014
Closed on
Dec 26, 2014
Sold by
Recasner Fredricka
Bought by
Ramirez Freida J
Seller's Agent
Ike Obasi
First Vision Real Estate and Financial Services
Buyer's Agent
Ernestine Crews
Ernestine Crews
List Price
$299,000
Sold Price
$352,000
Premium/Discount to List
$53,000
17.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.54%
Original Mortgage
$345,624
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2004
Sold by
Brightwood Financial Holdings Llc
Bought by
Recasner Fredricka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 15, 2003
Sold by
Almaguer Alicia and Almaguer Refugio Gonzalez
Bought by
Brightwood Financial Holdings Llc

Purchase Details

Closed on
Oct 25, 1997
Sold by
Almaguer Alica and Almaguer Refugio Gonzalez
Bought by
Almaguer Alicia and Verdugo Jesus

Purchase Details

Closed on
Aug 14, 1995
Sold by
Alpine Real Property Equity Group Inc
Bought by
Almaguer Alicia and Almaguer Refugio Gonzalez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.92%

Purchase Details

Closed on
May 16, 1995
Sold by
State Street Bank & Trust Company
Bought by
Alpine Real Property Equity Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7.88%

Purchase Details

Closed on
Feb 14, 1995
Sold by
Davis Waymon and Guardian S & L Assn
Bought by
State Street Bank & Trust Company and Ryland Mtg Company

Purchase Details

Closed on
Oct 4, 1994
Sold by
Innes Ker Benjamin and Kvist Ase H
Bought by
Nelson Albert and Nelson Emily

Purchase Details

Closed on
Jan 4, 1988
Sold by
Hibbitt Albert D
Bought by
Wright Ethel Lanell
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
Kahen Soleyman -- First American Title Ins Co
Kahen Soleyman -- First American Title Ins Co
Kahen Soleyman -- None Available
833 80Th Llc $870,000 Commonwealth Land Title Co
833 80Th Street Llc -- Usa National Title Company
833 80Th Street Llc $640,000 Chicago Title Company
Ramirez Freida J $352,000 Wfg Title Company
Recasner Fredricka $252,000 Equity Title
Brightwood Financial Holdings Llc $160,300 Equity
Almaguer Alicia -- --
Almaguer Alicia $140,000 First American Title Co
Alpine Real Property Equity Group Inc $37,000 First American Title Co
State Street Bank & Trust Company $60,270 World Title Company
Nelson Albert -- --
Wright Ethel Lanell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahen Soleyman $608,000
Previous Owner 833 80Th Llc $600,000
Previous Owner 833 80Th Street Llc $572,000
Previous Owner Ramirez Freida J $345,624
Previous Owner Recasner Fredricka $201,600
Previous Owner Almaguer Alicia $126,000
Previous Owner Alpine Real Property Equity Group Inc $37,000
Closed Recasner Fredricka $25,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2018 05/17/18 Sold $640,000 -2.9% $658 / Sq Ft
04/09/2018 04/09/18 For Sale $659,000 +3.0% $678 / Sq Ft
04/01/2018 04/01/18 Off Market $640,000 -- --
02/15/2018 02/15/18 For Sale $659,000 0.0% $678 / Sq Ft
02/15/2018 02/15/18 Price Changed $659,000 +17.9% $678 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $559,000 +58.8% $575 / Sq Ft
01/12/2015 01/12/15 Sold $352,000 +17.7% $362 / Sq Ft View Prior Sale
07/08/2014 07/08/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $299,000 -- $308 / 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 $11,843 $951,468 $601,503 $349,965
2024 $11,843 $932,812 $589,709 $343,103
2023 $11,624 $914,523 $578,147 $336,376
2022 $11,103 $896,592 $566,811 $329,781
2021 $10,956 $879,013 $555,698 $323,315
2020 $11,063 $870,000 $550,000 $320,000
2019 $8,288 $652,800 $448,800 $204,000
2018 $4,861 $371,805 $211,253 $160,552
2017 $4,763 $364,515 $207,111 $157,404
2016 $4,626 $357,368 $203,050 $154,318
2015 $7,376 $588,058 $238,488 $349,570
2014 $7,420 $576,540 $233,817 $342,723
Source: Public Records

Agents Affiliated with this Home

  • Ernestine Crews

    Seller's Agent in 2018

    Ernestine Crews

    Ernestine Crews

    (310) 686-4718

    1 in this area

    11 Total Sales

    Ernestine Crews
    Section Image

  • I

    Buyer's Agent in 2018

    Ike Obasi

    First Vision Real Estate and Financial Services

    (310) 649-2028

    10 Total Sales

    Ike Obasi
    Section Image
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Map

Source: The MLS

MLS Number: 17-294502

The MLS

APN: 6032-002-006

California Los Angeles County Los Angeles 90044 Vermont Knolls

833 W 80th St, Los Angeles, CA

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