NOT LISTED FOR SALE

Estimated Value: $977,000 - $1,200,000

7 Beds
4.5 Baths
2,700 Sq Ft
$397/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $955,000 $354 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,655/month

154 Days on Market

Highlights

  • Converted Garage
  • Tile Flooring
  • Gated Home
  • 3 Car Attached Garage
  • Ceiling Fan
  • 4-minute walk to 49th Street Park

About This Home

As of November 2021

Great investment income producing property. This well maintained Four unit property has one 4 bedroom, 1 1/2 bath house in the front and 3 units in the back on a 7500 square foot gated huge lot with lots of parking. Seller has kept up with maintenance and inspections from the city. The property is in great condition with many upgrades that includes: Remodel unit in the back, new cabinets, floors, counters. All new windows, gates, rain gutters and patio tiles to name a few. Washer & Dryer hook ups are located in the front house and also in the garage. Close to schools, universities, stadiums, shopping and Downtown Los Angeles. Please do not disturb the tenants. Drive by only.

Last Agent to Sell the Property

Eurline Mills

Beverly and Company, Inc. License #01304555 Listed on: 04/20/2021

Beverly and Company, Inc.

Last Buyer's Agent

David Frank

Real Broker License #02041310

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 7,500 Sq Ft Lot
  • South Facing Home
  • Gated Home

Parking

  • 3 Car Attached Garage
  • 6 Open Parking Spaces
  • Converted Garage
  • Driveway
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 2,700 Sq Ft Home
  • Ceiling Fan
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4.5 Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5108-020-020

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: No
  • Building Permit: No
  • Living Area: 2700
  • Probate: No
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed, Laminate, Carpet, Tile
  • Bedrooms: 7
  • Laundry: Garage
  • Total Bathrooms: 4.50
  • Equipment: Range/Oven, Ceiling Fan, Gas Dryer Hookup
  • Price Per S Q F T: 370.00

Exterior Features

  • Direction Faces: South
  • Other Structures: None

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 6
  • Parking Garage: Assigned, Driveway, Private, Converted Garage, Attached, Garage
  • Total Parking: 9

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 1
  • Security: Gated, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Value: 288598
  • Assessed Land Value: 432900
  • Assessor Parcel Number: 5108-020-020
  • Lot Size Area: 7500

Rental Info

  • Number Leased: 4
  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.56
  • Number Of Units: 4
  • Number Wall A C: 2
  • Type Of Units: 4 Plex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 4, 2019
Sold by
Goldstarr Richard
Bought by
Goldstarr Richard and Goldstarr Denzel W
Seller's Agent
Manuel Paredes
Re/Max Top Producers
Buyer's Agent
bernadette guidry
Prestigious Real Estate
List Price
$699,999
Sold Price
$725,000
Premium/Discount to List
$25,001
3.57%
Current Estimated Value
$1,071,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,101
Avg. Annual Appreciation
6.48%
Original Mortgage
$711,868
Outstanding Balance
$628,741
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$442,360

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 12, 2019
Sold by
Pulido Luis and Pulido Maria
Bought by
Goldstarr Richard
Seller's Agent
Manuel Paredes
Re/Max Top Producers
Buyer's Agent
bernadette guidry
Prestigious Real Estate
List Price
$699,999
Sold Price
$725,000
Premium/Discount to List
$25,001
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,868
Outstanding Balance
$628,741
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$442,360

Purchase Details

Closed on
Feb 9, 2009
Sold by
Sanchez Alejandra and Sanchez Rosa Raquel
Bought by
Hsbc Bank Usa National Association and Ace 2006-Nc1

Purchase Details

Closed on
Nov 22, 2006
Sold by
Brown Everett
Bought by
Brown Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 18, 2006
Sold by
Brown Mary E and Brown Mary
Bought by
Pulido Luis and Pulido Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 1994
Sold by
Barker A C
Bought by
Barker Beatrice Brooks

Purchase Details

Closed on
Mar 17, 1994
Sold by
Barker Beatrice and Barker Beatrice Brooks
Bought by
Barker Ac and Barker Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goldstarr Richard -- Accommodation
Goldstarr Richard $725,000 Fidelity National Title Co
Hsbc Bank Usa National Association $221,000 None Available
Brown Mary -- Fidelity National Title Co
Pulido Luis $625,000 Fidelity National Title Co
Barker Beatrice Brooks -- --
Barker Beatrice Brooks -- --
Barker Ac $9,090 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldstarr Richard $711,868
Previous Owner Brown Mary $62,500
Previous Owner Pulido Luis $500,000
Previous Owner Barker Ac $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2021 11/10/21 Sold $955,000 -4.4% $354 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $999,000 0.0% $370 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/26/2021 07/26/21 Price Changed $999,000 -8.9% $370 / Sq Ft
06/12/2021 06/12/21 Price Changed $1,096,000 -0.4% $406 / Sq Ft
05/01/2021 05/01/21 Price Changed $1,100,000 -8.3% $407 / Sq Ft
04/20/2021 04/20/21 For Sale $1,200,000 +65.5% $444 / Sq Ft
10/17/2019 10/17/19 Sold $725,000 +3.6% $269 / Sq Ft View Prior Sale
09/09/2019 09/09/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $699,999 0.0% $259 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $699,999 -- $259 / Sq Ft
Source: The MLS

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 $12,650 $1,013,453 $689,785 $323,668
2024 $12,475 $993,582 $676,260 $317,322
2023 $12,238 $974,100 $663,000 $311,100
2022 $11,678 $955,000 $650,000 $305,000
2021 $9,136 $732,510 $439,506 $293,004
2020 $9,224 $725,000 $435,000 $290,000
2019 $9,338 $750,645 $450,389 $300,256
2018 $9,196 $735,927 $441,558 $294,369
2016 $8,782 $707,352 $424,412 $282,940
2015 $8,656 $696,727 $418,037 $278,690
2014 $8,706 $683,080 $409,849 $273,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-720176

The MLS

APN: 5108-020-020