NOT LISTED FOR SALE

864 E 41st St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $730,637 - $960,000

5 Beds
3 Baths
2,371 Sq Ft
$357/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $460,000 $194 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,940/month

34 Days on Market

About This Home

As of January 2017

3 separate units in good condition in a nice area. Some upgrades and remodeling recently done, including kitchen cabinets, granite counter tops and some floor laminating to the 1 bedroom unit. Other 2 units are also in good shape. Close proximity to everything, shops, schools and freeways.

Last Agent to Sell the Property

Rose Finch

Homes By Handy Estates License #01423245 Listed on: 08/25/2016

Last Buyer's Agent

MAURICIO MENDOZA

GOLD MINE GROUP License #01112602

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,250 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,371 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 2283
  • Assessor Parcel Number 5115024021

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,440
  • Trash Expense $50
  • Water Sewer Expense $200
  • New Taxes Expense $5,980
  • Gross Income $36,780
  • Net Operating Income $5,090

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 5115024021
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 194.01

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6250.00
  • Price Per Lot Square Foot: 73.60

Multi Family

  • Gross Income: 36780.00
  • Gross Scheduled Income: 36780.00
  • Insurance Expense: 1440.00
  • Net Operating Income: 5090.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 30940.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5980.00
  • Tax Lot: 18
  • Tax Tract Number: 2283.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 29, 2016
Sold by
Orozco Crisoforo
Bought by
Geola Elli Sharon and Baseri Saman
Seller's Agent
Rose Finch
Homes By Handy Estates
Buyer's Agent
MAURICIO MENDOZA
GOLD MINE GROUP
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$845,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,409
Avg. Annual Appreciation
6.96%
Original Mortgage
$322,000
Outstanding Balance
$264,673
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$580,736

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 22, 2016
Sold by
Baseri Esther
Bought by
Geola Elli Sharon
Seller's Agent
Rose Finch
Homes By Handy Estates
Buyer's Agent
MAURICIO MENDOZA
GOLD MINE GROUP
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Outstanding Balance
$264,673
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$580,736

Purchase Details

Closed on
Dec 28, 2009
Sold by
Zavala Eliseo and Zavala Maria Adriana
Bought by
Orozco Crisoforo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,598
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2006
Sold by
Zavala Eliseo and Granados Erasto
Bought by
Zavala Eliseo and Zavala Maria Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 1996
Sold by
Coreas Jose Lito and Campos Jose Armando
Bought by
Coreas Jose Lito and Campos Jose Armando

Purchase Details

Closed on
May 11, 1996
Sold by
Aparicio Maria Esther
Bought by
Campos Jose Armando and Campos Daisy R
Source: Public Records

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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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
Geola Elli Sharon $460,000 Wfg
Geola Elli Sharon -- Wfg
Orozco Crisoforo $243,000 Fidelity National Title Co
Zavala Eliseo -- Lawyers Title Company
Coreas Jose Lito -- --
Campos Jose Armando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geola Elli Sharon $322,000
Previous Owner Orozco Crisoforo $238,598
Previous Owner Zavala Eliseo $347,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2017 01/04/17 Sold $460,000 0.0% $194 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $460,000 -- $194 / 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 $6,750 $533,864 $359,779 $174,085
2024 $6,750 $523,397 $352,725 $170,672
2023 $6,625 $513,135 $345,809 $167,326
2022 $6,327 $503,075 $339,029 $164,046
2021 $6,242 $493,212 $332,382 $160,830
2020 $6,300 $488,155 $328,974 $159,181
2019 $6,062 $478,584 $322,524 $156,060
2018 $5,941 $469,200 $316,200 $153,000
2016 $3,448 $264,964 $109,802 $155,162
2015 $3,401 $260,985 $108,153 $152,832
2014 $3,431 $255,874 $106,035 $149,839
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rose Finch

    Homes By Handy Estates

    (562) 455-6084

    2 Total Sales

    Rose Finch
    Section Image

  • M

    Buyer's Agent in 2017

    MAURICIO MENDOZA

    GOLD MINE GROUP

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16190627

California Regional Multiple Listing Service (CRMLS)

APN: 5115-024-021

California Los Angeles County Los Angeles 90011 Historic South Central

864 E 41st St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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