Mario Mariscal
Better Homes and Gardens RE
(562) 471-4695
103 Total Sales
1 in Florence
$675,000 Price
8507 S Main St Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $979,333
9
Beds
3
Baths
3,456
Sq Ft
$283/Sq Ft
Est. Value
About This Home
As of July 2020Great income potential for this large 4 unit complex in South Los Angeles built 1990. Each unit is 3 bedrooms and 1 bathroom. Includes 8 parking spaces.
Last Agent to Sell the Property
College Park Realty License #01123960 Listed on: 04/22/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 5,478 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- 3,456 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 24 / B
- Assessor Parcel Number 6040008027
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,500
- Other Expense $173
- Trash Expense $3,564
- Water Sewer Expense $6,400
- New Taxes Expense $11,250
- Operating Expense $23,487
- Gross Income $52,056
- Net Operating Income $40,492
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
Listed on
Apr 22, 2020
Closed on
Jun 26, 2020
Sold by
Johnson Jermainet T and Johnso Lajoy Smith
Bought by
Seller's Agent
Lisa Harris
College Park Realty
Buyer's Agent
Juan Michael
Forward Real Estate
List Price
$900,000
Sold Price
$780,000
Premium/Discount to List
-$120,000
-13.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,333
Avg. Annual Appreciation
3.77%
Original Mortgage
$585,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 2006
Sold by
Johnson Jermaine and Johnson La Joy
Bought by
Johnson Jermaine T
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
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 12, 2006
Sold by
Johnson Jermaine T and Johnson Lajoy Smith
Bought by
Johnson Jermaine
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
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 30, 2004
Sold by
Johnson Jermaine T and Johnson Lajoy Smith
Bought by
Johnson Jermaine T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2004
Sold by
Johnson Jermaine T and Smith Johnson Lajoy
Bought by
Johnson Jermaine T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 1997
Sold by
Kaskas Mohammad
Bought by
Patel Arpita S
Purchase Details
Closed on
Oct 25, 1995
Sold by
Heffesse Joseph
Bought by
Kaskas Mohammad
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Florence, CA
-
Mario Mariscal
-
Jack Toro
Jack Toro
ehomes
(833) 972-2811
55 Total Sales
1 in Florence
$825,000 Price
-
Kathy Thomson
Kathy Thomson
Responds QuicklyeXp Realty of Southern California, Inc
(909) 787-1190
67 Total Sales
1 in Florence
$685,900 Price
-
Jason Lowery
Jason Lowery
Compass
(747) 229-0866
86 Total Sales
1 in Florence
$465,000 Price
-
Sylvia Bennett
Sylvia Bennett
eXp Realty of Greater L.A
(310) 893-6547
16 Total Sales
1 in Florence
$725,000 Price
-
Jonathan Mendoza
Jonathan Mendoza
Monarch Real Estate Services
(626) 658-4310
54 Total Sales
2 in Florence
$690K - $745K Price Range
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 |
|---|---|---|---|
| $780,000 | Ticor Title Company Of Ca | ||
| Johnson Jermaine T | -- | Stewart Title | |
| Johnson Jermaine | -- | Stewart Title | |
| Johnson Jermaine T | -- | -- | |
| Johnson Jermaine T | -- | First American Title Co | |
| Patel Arpita S | $225,000 | United Title | |
| Kaskas Mohammad | $260,000 | Old Republic Title Company |
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 |
|---|---|---|---|
| Open | $695,750 | ||
| Closed | Triple Pb Properties Llc | $585,000 | |
| Previous Owner | Johnson Jermaine | $500,000 | |
| Previous Owner | Johnson Jermaine T | $287,000 | |
| Previous Owner | Johnson Jermaine T | $309,788 | |
| Previous Owner | Patel Arpita S | $220,735 | |
| Previous Owner | Patel Arpita S | $48,000 |
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 |
|---|---|---|---|---|
| 07/31/2020 07/31/20 | Sold | $780,000 | -2.5% | $226 / Sq Ft |
| 06/23/2020 06/23/20 | Pending | -- | -- | -- |
| 06/19/2020 06/19/20 | Price Changed | $799,900 | -8.0% | $231 / Sq Ft |
| 05/19/2020 05/19/20 | Price Changed | $869,000 | -1.8% | $251 / Sq Ft |
| 05/06/2020 05/06/20 | Price Changed | $885,000 | -1.7% | $256 / Sq Ft |
| 04/22/2020 04/22/20 | For Sale | $900,000 | -- | $260 / 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 | $10,676 | $861,181 | $441,631 | $419,550 |
| 2025 | $10,676 | $844,296 | $432,972 | $411,324 |
| 2024 | $10,538 | $827,742 | $424,483 | $403,259 |
| 2023 | $10,340 | $811,512 | $416,160 | $395,352 |
| 2022 | $9,872 | $795,600 | $408,000 | $387,600 |
| 2021 | $9,740 | $780,000 | $400,000 | $380,000 |
| 2020 | $5,593 | $418,734 | $158,038 | $260,696 |
| 2019 | $5,389 | $410,525 | $154,940 | $255,585 |
| 2018 | $5,267 | $402,476 | $151,902 | $250,574 |
| 2016 | $5,009 | $386,849 | $146,004 | $240,845 |
| 2015 | $4,940 | $381,039 | $143,811 | $237,228 |
| 2014 | $4,981 | $373,576 | $140,994 | $232,582 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Harris
Seller's Agent in 2020
Lisa Harris
RE/MAX
10 Total Sales
-
Juan Michael
Buyer's Agent in 2020
Juan Michael
Forward Real Estate
(323) 873-6550
1 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20077379
APN: 6040-008-027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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