NOT LISTED FOR SALE

Estimated Value: $845,000 - $1,077,000

4 Beds
3 Baths
3 Sq Ft
$313,821/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $849,900 $283,300 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,849/month

83 Days on Market

About This Home

As of September 2022

2 UNITS VACANT!!!!!! INVESTMENT HOMEOWNER DREAM!!1 GREAT OPPORTUNITY FOR A OWNER OCCUPIED,3 UNITS IN THE CITY OF LOS ANGELES, PERFECT FOR A HOME OWNER OCCUPIED , FRONT UNITS HAS 2 GOOD SIZE BEDROOMS 1 BATHROOM AND LARGE KITCHEN AND LAUNDRY AREA, AND A 2 UNITS WITH 1 GOOD SIZE BEDROOM 1 BATH EACH. DOUBLE CAR GARAGE WITH A LONG WIDE DRIVEWAY, 10 MINUTES AWAY FROM SOFI STADIUM, THE KIA FORUM, 15 MINUTES FROM LAX AIRPORT, 20 MINUTES DOWNTOWN LA. 5 MINUTES AWAY FROM FREEWAYS 110,105,91,405. DON”T MISS THIS GREAT OPPORTUNITY TO OWN. 2 UNITS WILL BE VACANT AT CLOSE OF ESCROW.

Last Agent to Sell the Property

Gloria Labra

Century 21 Allstars License #01167408 Listed on: 04/05/2022

Century 21 Allstars

Last Buyer's Agent

Gloria Labra

Century 21 Allstars License #01167408 Listed on: 04/05/2022

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,048

Year Built

  • Built in 1940

Lot Details

  • 8,821 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • 3 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 215
  • Tax Tract Number 2404
  • Assessor Parcel Number 6039017072
  • $624 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $920
  • Insurance Expense $1,300
  • Trash Expense $1,320
  • Water Sewer Expense $2,850
  • Operating Expense $4,170
  • Gross Income $2,224
  • Net Operating Income $1,929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,048

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2850.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 6039017072
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1320.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8821.00
  • Lot Size Acres: 0.2025

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 920.00
  • Gross Income: 2224.00
  • Gross Scheduled Income: 2224.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 8821.0000 Square Feet
  • Net Operating Income: 1929.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 295.00
  • Rent Control: Yes
  • Total Actual Rent: 1750.00
  • Total Expenses: 4170.00

Tax Info

  • Tax Census Tract: 2404.01
  • Tax Lot: 215
  • Tax Tract Number: 2404
  • TaxOtherAnnualAssessmentAmount: 624.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Herrera Abel and Herrera Vannessa Cristina
Bought by
Monarco Daniel and Lopez Laureano
Current Estimated Value
$941,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,920
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2016
Sold by
Ahc Properties Llc
Bought by
Herrera Abel and Delgado Vanessa Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,648
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2014
Sold by
Ah Capital Llc
Bought by
Ahc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 26, 2013
Sold by
Smith Betty Louise and Jimmy & Betty Smith Family Tru
Bought by
Ah Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2008
Sold by
Smith Jimmy and Smith Betty
Bought by
Jimmy & Betty Smith Living Trust

Purchase Details

Closed on
Aug 15, 2006
Sold by
Smith Jimmy and Smith Betty
Bought by
Smith Jimmy and Smith Betty L

Purchase Details

Closed on
Feb 6, 1996
Sold by
Smith Jimmy
Bought by
Smith Jimmy and Smith Betty Louise
Source: Public Records

Range of Values:

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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
Monarco Daniel $850,000 Pacific Coast Title
Herrera Abel $430,000 Old Republic Title Company
Ahc Properties Llc -- Fatcola
Ah Capital Llc $230,000 Fidelity Van Nuys
Jimmy & Betty Smith Living Trust -- None Available
Smith Jimmy -- None Available
Smith Jimmy -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monarco Daniel $679,920
Previous Owner Herrera Abel $415,648
Previous Owner Ahc Properties Llc $10,000,000
Previous Owner Ah Capital Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2022 09/22/22 Sold $849,900 0.0% $283,300 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/11/2022 06/11/22 Price Changed $849,900 +6.4% $283,300 / Sq Ft
04/05/2022 04/05/22 For Sale $799,000 -- $266,333 / 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 $11,048 $884,235 $624,240 $259,995
2024 $11,048 $866,898 $612,000 $254,898
2023 $10,845 $849,900 $600,000 $249,900
2022 $6,049 $470,266 $328,093 $142,173
2021 $5,967 $461,046 $321,660 $139,386
2020 $6,021 $456,939 $318,362 $138,577
2019 $5,800 $447,992 $312,120 $135,872
2018 $5,643 $439,220 $306,000 $133,220
2016 $4,523 $341,725 $258,883 $82,842
2015 $4,462 $336,593 $254,995 $81,598
2014 $3,292 $231,044 $180,817 $50,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22068022

California Regional Multiple Listing Service (CRMLS)

APN: 6039-017-072