NOT LISTED FOR SALE

850 E 46th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $654,000 - $914,635

4 Beds
2 Baths
1,837 Sq Ft
$408/Sq Ft Est. Value

Last Sold July 24, 2013

Last sale price $295,500 $161 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $4,299/month

48 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • Wall Furnace
  • No HOA

About This Home

As of July 2013

Detached 2 units Property. Front unit features 3 Bedrooms/1.5 Bathroom. Back unit features 1 Bedroom/1 Bathroom. Property also has a Basement that is currently rented for $250. Front unit is currently occupied by owner and tenants lives on the back unit. Corner Lot units with a very attractive view, in front of a school, near shopping centers, freeways, police e.t.c. Property in general is in average condition!

Last Agent to Sell the Property

Jorge Sotomayor

Berkshire Hathaway Home Srvs License #00858146 Listed on: 03/27/2013

Berkshire Hathaway Home Srvs

Last Buyer's Agent

DANIEL ARRIAZA

INTERNATIONAL REAL ESTATE SVCS License #01424439

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 4,072 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Parking Spaces

Home Design

  • 1,837 Sq Ft Home
  • Contemporary Architecture
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 9
  • Tax Tract Number 2286
  • Assessor Parcel Number 5108024010

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Insurance Expense $500
  • Trash Expense $400
  • Water Sewer Expense $1,500
  • New Taxes Expense $3,688
  • Gross Income $850

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5108024010
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 160.86

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4072.00
  • Lot Size Acres: 0.0930

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 587
  • Average3 Bed Area: 1250
  • Electric Expense: 1000.00
  • Gross Income: 850.00
  • Gross Scheduled Income: 10200.00
  • Insurance Expense: 500.00
  • Lot Size Area: 4072.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 850.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3688.00
  • Tax Lot: 9
  • Tax Tract Number: 2286
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jul 9, 2013
Sold by
Arvizu Alma E and Ramirez Alma E
Bought by
Sanchez Martha
Seller's Agent
Jorge Sotomayor
Berkshire Hathaway Home Srvs
Buyer's Agent
DANIEL ARRIAZA
INTERNATIONAL REAL ESTATE SVCS
List Price
$295,000
Sold Price
$295,500
Premium/Discount to List
$500
0.17%
Current Estimated Value
$749,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,159
Avg. Annual Appreciation
7.76%
Original Mortgage
$290,147
Outstanding Balance
$211,514
Interest Rate
3.98%
Mortgage Type
FHA
Estimated Equity
$538,145

Purchase Details

Closed on
Sep 26, 2002
Sold by
Felix Juan M and Felix Jose
Bought by
Ramirez Alma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,157
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2002
Sold by
Arvizo Miguel Angel
Bought by
Ramirez Alma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,157
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2002
Sold by
Felix Juan and Felix Antonia
Bought by
Felix Juan M and Felix Jose

Purchase Details

Closed on
Jul 30, 1997
Sold by
Felix Juan M and Felix Jose
Bought by
Felix Juan and Felix Antonia
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
Sanchez Martha $295,500 Orange Coast Title Company
Ramirez Alma E $184,000 American Title Co
Ramirez Alma E -- American Title Co
Felix Juan M -- --
Felix Juan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Martha $290,147
Previous Owner Ramirez Alma E $181,157
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $295,500 +0.2% $161 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $295,000 -- $161 / 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 $4,591 $362,230 $196,130 $166,100
2024 $4,591 $355,129 $192,285 $162,844
2023 $4,507 $348,166 $188,515 $159,651
2022 $4,303 $341,340 $184,819 $156,521
2021 $4,244 $334,648 $181,196 $153,452
2020 $4,282 $331,218 $179,339 $151,879
2019 $4,121 $324,724 $175,823 $148,901
2018 $4,042 $318,358 $172,376 $145,982
2016 $3,850 $305,998 $165,684 $140,314
2015 $3,796 $301,403 $163,196 $138,207
2014 $3,819 $295,500 $160,000 $135,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jorge Sotomayor

    Berkshire Hathaway Home Srvs

    Section Image

  • D

    Buyer's Agent in 2013

    DANIEL ARRIAZA

    INTERNATIONAL REAL ESTATE SVCS

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13054033

California Regional Multiple Listing Service (CRMLS)

APN: 5108-024-010

California Los Angeles County Los Angeles 90011 South Park

850 E 46th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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