NOT LISTED FOR SALE

Estimated Value: $992,000 - $1,240,000

6 Beds
4 Baths
4,232 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $690,000 $163 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,755/month

73 Days on Market

About This Home

As of October 2017

Beautiful COMPLETELY renovated (truly Beverly Hills style) 2 bedroom 1 bath unit within a gated complex- 2nd floor. Unit is renovated from head to toe. Open kitchen plan with all new recess lighting, washer and dryer, dish washer, heater, AC units in every room, water boiler, new hardwood flooring, ceiling fan in every room, spacious walk in closets. Unit is accessible from the parking lot and front of building.The property is located near USC, Exposition park, museums, and is metro accessible, close to schools, parks, restaurants and shopping centers. Only minutes away from the 110 and 10 freeways. PROPERTY IS AVAILABLE Feb 1st. Need great credit score and clean background as well as confirmed employment

Last Agent to Sell the Property

Rogelio Flores

Berkshire Hathaway Home Srvs License #01300127 Listed on: 06/12/2017

Berkshire Hathaway Home Srvs

Last Buyer's Agent

Armin Soleimani

Global Platinum Properties, Inc. License #01846872

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,861

Year Built

  • Built in 1923

Lot Details

  • 6,667 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,232 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 5019007024

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,018
  • Water Sewer Expense $6,600
  • Operating Expense $7,618
  • Gross Income $51,000
  • Net Operating Income $38,721

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,861

Year Built

Built in 1923

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 5.53
  • Property Attached: Yes
  • Water Sewer Expenses: 6600.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5019007024
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 163.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6667.00

Multi Family

  • Gross Income: 51000.00
  • Gross Multiplier: 13.72
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 1018.00
  • Net Operating Income: 38721.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12279.00
  • Rent Control: Yes
  • Total Actual Rent: 4250.00
  • Total Expenses: 7618.00

Tax Info

  • Tax Census Tract: 2317.10
  • Tax Lot: 84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2020
Sold by
Morim Saman
Bought by
Morim Llc
Current Estimated Value
$1,088,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Outstanding Balance
$466,364
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$622,597

Purchase Details

Closed on
Aug 24, 2017
Sold by
Gonzalez Jose
Bought by
Morim Saman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2011
Sold by
Gonzalez Manuela
Bought by
Gonzalez Jose and Gonzalez Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1996
Sold by
Gonzalez Jose
Bought by
Gonzalez Manuela

Purchase Details

Closed on
Nov 14, 1995
Sold by
Tinguee Paul
Bought by
Gonzalez Jose and Gonzalez Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,002
Interest Rate
7.37%
Mortgage Type
FHA
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
Morim Llc -- Accommodation
Morim Saman $690,000 Orange Coast Title Company
Gonzalez Jose -- Investors Title Company
Gonzalez Manuela -- --
Gonzalez Jose $170,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morim Saman $524,000
Previous Owner Morim Saman $517,500
Previous Owner Gonzalez Jose $210,000
Previous Owner Gonzalez Jose J $100,000
Previous Owner Gonzalez Jose $166,002
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Off Market $2,200 -- --
02/10/2025 02/10/25 Off Market -- -- --
01/30/2025 01/30/25 For Rent $2,200 -99.7% --
01/30/2025 01/30/25 For Rent -- -- --
10/31/2017 10/31/17 Sold $690,000 -1.4% $163 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
06/30/2017 06/30/17 Price Changed $699,999 -3.4% $165 / Sq Ft
06/28/2017 06/28/17 Price Changed $725,000 +3.6% $171 / Sq Ft
06/22/2017 06/22/17 Price Changed $699,999 -3.4% $165 / Sq Ft
06/12/2017 06/12/17 For Sale $725,000 -- $171 / 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 $9,861 $787,420 $317,155 $470,265
2024 $9,861 $771,982 $310,937 $461,045
2023 $9,681 $756,846 $304,841 $452,005
2022 $9,248 $742,007 $298,864 $443,143
2021 $9,089 $725,312 $420,471 $304,841
2019 $8,825 $703,800 $408,000 $295,800
2018 $8,723 $690,000 $400,000 $290,000
2017 $4,814 $364,038 $226,635 $137,403
2016 $4,661 $356,901 $222,192 $134,709
2015 $4,598 $351,541 $218,855 $132,686
2014 $4,640 $344,655 $214,568 $130,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17132699

California Regional Multiple Listing Service (CRMLS)

APN: 5019-007-024