$550,000
SOLD JAN 26, 2021
3 Beds
3 Baths
1,480 Sq Ft
5,128 Sq Ft Lot

Recently Sold

$372 Per Sq Ft

7% Below List Price

27 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2022

Now is the time to invest in your future! This triplex offers a lot of potential, Each unit has 1bed and 1 bath, It counts with an ample kitchen, laundry area and living room. Parking spaces access thru alley. Its conveniently located minutes from LAX, DOWNTOWN, NEW FOOTBALL STADIUM, freeways 110,105,10,405, 710 and more!

Last Agent to Sell the Property

Jehu Salazar

Executive Bankers Realty License #01774475 Listed on: 08/07/2020

Last Buyer's Agent

ALEXANDER POLANCO

THE GREAT REAL ESTATE COMPANY License #02007052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,702

Year Built

  • Built in 1949

Lot Details

  • 5,128 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Triplex

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 159
  • Tax Tract Number 3354
  • Assessor Parcel Number 6038021016

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $1,200
  • Water Sewer Expense $1,300
  • New Taxes Expense $4,800
  • Operating Expense $8,200
  • Net Operating Income $32,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,702

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1300.00
  • Zoning: LARD3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6038021016
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 371.62

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 5128.00
  • Lot Size Acres: 0.1177

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5128.0000 Square Feet
  • Net Operating Income: 32600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Patio: 2
  • Operating Expense: 2200.00
  • Rent Control: Yes
  • Total Actual Rent: 3075.00
  • Total Expenses: 8200.00

Tax Info

  • New Taxes Expense: 4800.00
  • Tax Census Tract: 2403.00
  • Tax Lot: 159
  • Tax Tract Number: 3354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 30, 2021
Sold by
Tellez Luis Angel Castaneda
Bought by
Rodriguez David
Seller's Agent
ALEXANDER POLANCO
THE GREAT REAL ESTATE COMPANY
Buyer's Agent
ALEXANDER POLANCO
THE GREAT REAL ESTATE COMPANY
List Price
$700,000
Sold Price
$670,000
Premium/Discount to List
-$30,000
-4.29%
Total Days on Market
27
Current Estimated Value
$734,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,673
Avg. Annual Appreciation
2.40%
Original Mortgage
$50,000
Outstanding Balance
$45,856
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$688,817

Purchase Details

Listed on
Aug 7, 2020
Closed on
Jan 14, 2021
Sold by
Tukasa Inc
Bought by
Tellez Luis Angel Castaneda
Seller's Agent
Jehu Salazar
Executive Bankers Realty
Buyer's Agent
ALEXANDER POLANCO
THE GREAT REAL ESTATE COMPANY
List Price
$589,900
Sold Price
$550,000
Premium/Discount to List
-$39,900
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.18%
Original Mortgage
$412,500
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2020
Sold by
Salazar Jehu and Salazar Danaysy
Bought by
Tukasa Inc

Purchase Details

Closed on
Sep 23, 2016
Sold by
Sanchez Jessica A Davila
Bought by
Salazar Jehu and Salazar Danaysy

Purchase Details

Closed on
Apr 24, 2014
Sold by
Salazar Jorge L
Bought by
Sanchez Jessica A Davila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2007
Sold by
Lizarraga Rodolfo and Lizarraga Irma
Bought by
Salazar Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2003
Sold by
Lizarraga Loreto and Barraza Emilio
Bought by
Lizarraga Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2000
Sold by
Lucas Gregory B
Bought by
Lizarraga Loreto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,610
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 1999
Sold by
Duran Robert
Bought by
Lucas Gregory B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.86%

Purchase Details

Closed on
May 25, 1999
Sold by
Lucas Kerry
Bought by
Lucas Gregory B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.86%

Purchase Details

Closed on
Jul 9, 1998
Sold by
Wilshrie Funding Corp
Bought by
Duran Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7%

Purchase Details

Closed on
May 8, 1998
Sold by
Velasquez Arturo and Velasquez Irma
Bought by
Wilshire Funding Corp

Purchase Details

Closed on
May 14, 1997
Sold by
Gomez Arturo
Bought by
Velasquez Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,281
Interest Rate
7.92%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1996
Sold by
American City Mtg Corp
Bought by
Gomez Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
7.67%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $620,000 Orange Coast Ttl Co Of Socal
Grant Deed $550,000 Usa National Title Co
Grant Deed -- Wfg Title Company
Grant Deed -- None Available
Grant Deed $270,000 Pacific Coast Title Company
Grant Deed $490,000 North American Title Co
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- United Title
Grant Deed $170,000 Benefit Land Title Company
Trustee Deed $137,000 Chicago Title
Interfamily Deed Transfer -- Chicago Title
Corporate Deed $130,000 Benefit Land Title Company
Trustee Deed $108,000 Benefit Land Title Ins Co
Grant Deed $225,000 Fidelity National Title
Corporate Deed $92,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Closed $465,000 Commercial
Previous Owner $412,500 Commercial
Previous Owner $22,000 Purchase Money Mortgage
Previous Owner $297,000 New Conventional
Previous Owner $265,109 FHA
Previous Owner $98,000 Credit Line Revolving
Previous Owner $391,999 New Conventional
Previous Owner $70,000 Credit Line Revolving
Previous Owner $270,000 Fannie Mae Freddie Mac
Previous Owner $198,000 Purchase Money Mortgage
Previous Owner $168,610 FHA
Previous Owner $61,000 No Value Available
Previous Owner $119,000 No Value Available
Previous Owner $150,000 Unknown
Previous Owner $217,281 FHA
Previous Owner $82,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $600,000 -2.4% $400 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $615,000 -6.8% $410 / Sq Ft
07/12/2022 07/12/22 For Sale $660,000 -1.5% $440 / Sq Ft
07/16/2021 07/16/21 Sold $670,000 -4.3% $453 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $700,000 +27.3% $473 / Sq Ft
01/26/2021 01/26/21 Sold $550,000 +0.2% $372 / Sq Ft
08/25/2020 08/25/20 Price Changed $549,000 -6.9% $371 / Sq Ft
08/07/2020 08/07/20 For Sale $589,900 +227.7% $399 / Sq Ft
05/30/2013 05/30/13 Sold $180,000 -5.3% $122 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $190,000 -- $128 / 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
2024 $7,702 $612,000 $428,400 $183,600
2023 $7,560 $600,000 $420,000 $180,000
2022 $8,090 $670,000 $536,000 $134,000
2021 $4,128 $321,658 $214,439 $107,219
2020 $4,167 $318,361 $212,241 $106,120
2019 $4,012 $312,120 $208,080 $104,040
2018 $3,910 $306,000 $204,000 $102,000
2016 $3,495 $274,117 $172,592 $101,525
2015 $3,447 $270,000 $170,000 $100,000
2014 $6,779 $535,534 $382,525 $153,009
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20151479

California Regional Multiple Listing Service (CRMLS)

APN: 6038-021-016