NOT LISTED FOR SALE

Estimated Value: $692,000 - $848,259

4 Beds
3 Baths
2,120 Sq Ft
$375/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2021

Last sale price $716,000 $338 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,952 / mo

11 Days on Market

Highlights

  • RV Access or Parking
  • Granite Countertops
  • 1 Car Direct Access Garage
  • Corner Lot
  • Private Yard
  • Double Pane Windows

About This Home

As of September 2021

Excellent investment property in the heart of Los Angeles. The well-maintained (Pride of Ownership) Triplex consists of two bungalow-style buildings that have separately metered utilities for greater returns. All units have washer and dryer hook-ups, engineered wood flooring, tile floors updated kitchen cabinets with granite countertops. Live in one and rent the others while having a private yard and parking just like a single-family home.

One unit may be delivered vacant at the close of escrow depending on the offer. Located within one block from the elementary school and close to the middle school.

Last Agent to Sell the Property

xRudy Zuniga

Loan Advisor Group License #01489677 Listed on: 06/01/2021

Last Buyer's Agent

xRudy Zuniga

Loan Advisor Group License #01489677 Listed on: 06/01/2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 6,501 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in good condition
  • Corner Lot
  • Rectangular Lot
  • Private Yard
  • Front Yard

Parking

  • 1 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway
  • RV Access or Parking

Home Design

  • Triplex
  • Raised Foundation
  • Shingle Roof
  • Common Roof

Interior Spaces

  • 2,120 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 50 / 7
  • Tax Tract Number 26
  • Assessor Parcel Number 6030025018

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $753
  • Maintenance Expense $1,200
  • New Taxes Expense $9,000
  • Operating Expense $10,953
  • Gross Income $2,220
  • Net Operating Income $41,427

Property Details

Home Type

Multi-Family

Year Built

Built in 1922 | Remodeled

Lot Details

6,501 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6030025018
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 337.74
  • Room Type: Laundry
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Common Roof, Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, RV Access/Parking
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Rectangular Lot, Yard
  • Lot Size Sq Ft: 6501.00
  • Lot Size Acres: 0.1492

Rental Info

  • Garage Rental Rate: 120.00

Multi Family

  • Gross Income: 2220.00
  • Gross Operating Income: 52380.00
  • Gross Scheduled Income: 50160.00
  • Insurance Expense: 753.00
  • Lot Size Area: 6501.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 41427.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 10953.00
  • Other Income1: 65.00
  • Other Income Description: Storage shed
  • Rent Control: Yes
  • Total Expenses: 10953.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Block: 7
  • Tax Census Tract: 2398.02
  • Tax Lot: 50
  • Tax Tract Number: 26

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Galvan Irineo and Galvan Grace
Bought by
Current Estimated Value
$756,881

Purchase Details

Closed on
Dec 7, 2010
Sold by
Federal National Mortgage Association
Bought by
Schipe D

Purchase Details

Closed on
Sep 1, 2009
Sold by
Ibanez Patricia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 17, 2005
Sold by
Jmm R E Investments Llc
Bought by
Ibanez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,950
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 2005
Sold by
Ibanez Cesar
Bought by
Ibanez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,950
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 31, 2004
Sold by
Towne Avenue Trust #8451
Bought by
Chavez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Medina Jose Rosario
Bought by
Towne Avenue Trust #8451 and Shoreline Properties Llc

Purchase Details

Closed on
Feb 13, 2004
Sold by
Medina Jose Rosario and Medina Jose R
Bought by
Medina Jose Rosario and Bonales Daria

Purchase Details

Closed on
Dec 18, 2001
Sold by
Bonales Daria Eugenia
Bought by
Medina Jose Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1999
Sold by
Martinez George
Bought by
Flores Manuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
10.25%

Purchase Details

Closed on
Nov 18, 1998
Sold by
Martinez Erika
Bought by
Martinez George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,600
Interest Rate
4.35%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Labow Frumeh and Estate Of Lillie Mae Mcfadden
Bought by
Martinez George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,600
Interest Rate
4.35%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Florence, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Schipe D $252,000 Stewart Title Of California
Federal National Mortgage Association $436,858 Landsafe Title
Ibanez Patricia $460,000 Sutic
Jmm R E Investments Llc -- Sutic
Ibanez Patricia -- Sut
Chavez Maria $415,000 --
Towne Avenue Trust #8451 $301,000 --
Medina Jose Rosario -- --
Medina Jose Rosario -- Southland Title
Medina Jose Rosario $235,000 Southland Title Corporation
Flores Manuel J $230,000 Gateway Title Company
Martinez George -- Equity Title
Martinez George $226,000 Equity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $367,950
Previous Owner Chavez Maria $332,000
Previous Owner Medina Jose Rosario $231,369
Previous Owner Flores Manuel J $184,000
Previous Owner Martinez George $90,600
Closed Chavez Maria $62,250
Closed Ibanez Patricia $91,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $716,000 +1.0% $338 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $709,000 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,553 $775,020 $541,216 $233,804
2025 $9,553 $759,824 $530,604 $229,220
2024 $9,419 $744,926 $520,200 $224,726
2023 $9,241 $730,320 $510,000 $220,320
2022 $8,820 $716,000 $500,000 $216,000
2021 $3,964 $298,262 $122,619 $175,643
2020 $3,998 $295,544 $121,362 $174,182
2019 $3,854 $289,757 $118,983 $170,774
2018 $3,729 $284,083 $116,650 $167,433
2016 $3,551 $272,726 $112,121 $160,605
2015 $3,503 $268,630 $110,437 $158,193
2014 $3,533 $263,369 $108,274 $155,095
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21118050

California Regional Multiple Listing Service (CRMLS)

APN: 6030-025-018

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