8611 Elm St Los Angeles, CA 90002
4
Beds
2
Baths
1,896
Sq Ft
6,701
Sq Ft Lot
About This Home
As of September 2022Great investment property. Close to schools, shopping centers, public transportation, freeways. Each units has own laundry area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,046
Year Built
- Built in 1940
Lot Details
- 6,701 Sq Ft Lot
- Property fronts an alley
- No Common Walls
Home Design
- 1,896 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 10 Parking Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tax Lot 38
- Tax Tract Number 5353
- Assessor Parcel Number 6044025024
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $1,200
- Water Sewer Expense $3,600
- Gross Income $3,340
- Net Operating Income $34,280
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2022
Closed on
Aug 17, 2022
Sold by
Vahan Ghazarian
Bought by
Harris Keraun
Seller's Agent
Jose Acosta
Pak Home Realty
List Price
$700,000
Sold Price
$680,000
Premium/Discount to List
-$20,000
-2.86%
Views
5
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
$101,859
Avg. Annual Appreciation
4.95%
Original Mortgage
$510,000
Outstanding Balance
$487,467
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$294,392
Purchase Details
Listed on
Jan 29, 2016
Closed on
Jul 7, 2016
Sold by
Ghazarian Nora
Bought by
Ghazarian Vahan
Seller's Agent
Jose Acosta
Pak Home Realty
Buyer's Agent
Jose Acosta
Pak Home Realty
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$273,750
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 29, 2016
Closed on
May 24, 2016
Sold by
3826 Maxson Road Llc
Bought by
Ghazarian Vahan and Nazarian Onik
Seller's Agent
Jose Acosta
Pak Home Realty
Buyer's Agent
Jose Acosta
Pak Home Realty
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
3826 Maxson Road Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 2009
Sold by
Lemus Marco T
Bought by
Deutsche Bank National Trust Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 30, 2005
Sold by
Lemus Marco T
Bought by
Lemus Marco T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 31, 2003
Sold by
Lemus Marco T
Bought by
Lemus Marco T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $680,000 | California Best Title | |
| Deed | -- | California Best Title | |
| Deed | -- | California Best Title | |
| Interfamily Deed Transfer | -- | Provident Title Company | |
| Interfamily Deed Transfer | -- | Provident Title Company | |
| Grant Deed | $365,000 | Provident Title Company | |
| Grant Deed | $180,000 | Lsi Title Company Ca | |
| Trustee Deed | $213,900 | None Available | |
| Interfamily Deed Transfer | -- | North American Title Co | |
| Interfamily Deed Transfer | -- | North American Title Co | |
| Interfamily Deed Transfer | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | New Conventional | |
| Previous Owner | $273,750 | New Conventional | |
| Previous Owner | $108,000 | Purchase Money Mortgage | |
| Previous Owner | $384,000 | Purchase Money Mortgage | |
| Previous Owner | $248,000 | Credit Line Revolving | |
| Previous Owner | $216,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2022 09/29/22 | Sold | $680,000 | -2.9% | $359 / Sq Ft |
| 08/15/2022 08/15/22 | Pending | -- | -- | -- |
| 07/16/2022 07/16/22 | For Sale | $700,000 | +2.9% | $369 / Sq Ft |
| 06/30/2022 06/30/22 | Off Market | $680,000 | -- | -- |
| 06/08/2022 06/08/22 | For Sale | $700,000 | +91.8% | $369 / Sq Ft |
| 07/12/2016 07/12/16 | Sold | $365,000 | -3.9% | $193 / Sq Ft |
| 02/08/2016 02/08/16 | Pending | -- | -- | -- |
| 01/29/2016 01/29/16 | For Sale | $379,900 | -- | $200 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,046 | $707,472 | $541,008 | $166,464 |
| 2024 | $10,046 | $693,600 | $530,400 | $163,200 |
| 2023 | $9,629 | $680,000 | $520,000 | $160,000 |
| 2022 | $6,125 | $399,177 | $259,192 | $139,985 |
| 2021 | $6,056 | $391,351 | $254,110 | $137,241 |
| 2019 | $5,889 | $380,165 | $246,574 | $133,591 |
| 2018 | $5,740 | $372,720 | $241,740 | $130,980 |
| 2017 | $6,000 | $365,000 | $237,000 | $128,000 |
| 2016 | $3,614 | $196,267 | $114,490 | $81,777 |
| 2015 | $3,567 | $193,320 | $112,771 | $80,549 |
| 2014 | $3,578 | $189,534 | $110,562 | $78,972 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2022
Jose Acosta
Pak Home Realty
(562) 332-0464
3 in this area
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW16021734
APN: 6044-025-024
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