NOT LISTED FOR SALE

Estimated Value: $618,000 - $815,000

6 Beds
3 Baths
2,456 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $565,000 $230 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,183/month

150 Days on Market

About This Home

As of March 2024

Calling all investors and fix and flippers !!
Amazing 3 unit property in South Los Angeles presenting an exciting chance for savvy investors and flippers to reimagine and rebuild a remarkable residence.
The two back units are each 1 bed 1 bath while the front unit boasts 4 beds and 1 bath.
Cash offers only, looking for fast sale

Last Agent to Sell the Property

John Ashou

Seven Palms Real Estate Services License #01109799 Listed on: 09/26/2023

Last Buyer's Agent

Jazmin Hernandez Gallardo

1% Listing Broker License #02017778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,051

Year Built

  • Built in 1924

Lot Details

  • 5,120 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 6 Bedrooms
  • 2,456 Sq Ft Home
  • 2-Story Property

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tax Lot 298
  • Tax Tract Number 298
  • Assessor Parcel Number 5001010019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,051

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5001010019
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 230.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5120.00
  • Lot Size Acres: 0.1175

Multi Family

  • Lot Size Area: 5120.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2327.01
  • Tax Lot: 298
  • Tax Tract Number: 298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Gonzalez Pelaez Omar
Bought by
Gonzalez Omar and Lovos Maria Lus
Current Estimated Value
$717,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$85,677
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$631,656

Purchase Details

Listed on
Sep 26, 2023
Closed on
Feb 26, 2024
Sold by
Martin Shirley
Bought by
Gonzalez Omar and Loves Maria Lus
Seller's Agent
John Ashou
Seven Palms Real Estate Services
Buyer's Agent
Jazmin Hernandez Gallardo
1% Listing Broker
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Views
164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$800,000
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 28, 2012
Sold by
Martin Shirley and Whitmore Charles
Bought by
Martin Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Whitmore Callie Mae
Bought by
Martin Shirley and Whitmore Charles
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
Gonzalez Omar -- First American Title Company
Gonzalez Omar -- First American Title Company
Gonzalez Omar $565,000 Ticor Title Company
Martin Shirley -- California Title Company
Martin Shirley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Omar $500,000
Closed Gonzalez Omar $500,000
Previous Owner Gonzalez Omar $800,000
Previous Owner Martin Shirley $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $565,000 -5.7% $230 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $599,000 +6.0% $244 / Sq Ft
01/31/2024 01/31/24 Off Market $565,000 -- --
01/22/2024 01/22/24 For Sale $599,000 0.0% $244 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $599,000 -- $244 / 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 $5,051 $576,300 $576,300 --
2024 $5,051 $388,008 $258,705 $129,303
2023 $4,962 $380,401 $253,633 $126,768
2022 $4,744 $372,943 $248,660 $124,283
2021 $1,149 $65,717 $21,939 $43,778
2020 $1,154 $65,045 $21,715 $43,330
2019 $1,122 $63,771 $21,290 $42,481
2018 $1,054 $62,522 $20,873 $41,649
2016 $986 $60,096 $20,063 $40,033
2015 $975 $59,194 $19,762 $39,432
2014 $1,002 $58,035 $19,375 $38,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23179650

California Regional Multiple Listing Service (CRMLS)

APN: 5001-010-019