NOT LISTED FOR SALE

Estimated Value: $907,652 - $1,187,000

4 Beds
4 Baths
3,430 Sq Ft
$304/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $715,000 $208 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,259/month

2 Days on Market

Highlights

  • No HOA
  • Tile Countertops
  • Laundry Room
  • Walk-In Closet
  • Living Room
  • More Than Two Accessible Exits

About This Home

As of January 2020

Very Spacious 4 unit building. All 1 bed + 1 bath. Each unit has its own laundry hook-up. Bring your buyers, building is close to USC, the Los Angeles Coliseum, walking distance from Banc of California Stadium, Museums and a few blocks from Exposition park. Perfect for first time home buyer or Investors!!!

Last Agent to Sell the Property

Rosa Gastelum

CENTURY 21 REALTY MASTERS License #02035129 Listed on: 09/30/2019

CENTURY 21 REALTY MASTERS

Co-Listed By

ERIKA ORTUNO

CENTURY 21 REALTY MASTERS License #01469697

Last Buyer's Agent

Rosa Gastelum

CENTURY 21 REALTY MASTERS License #02035129 Listed on: 09/30/2019

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,721

Year Built

  • Built in 1922

Lot Details

  • 5,746 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,430 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • Parking Available
  • Unpaved Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 2628
  • Assessor Parcel Number 5020033020

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,752
  • Water Sewer Expense $2,800
  • New Taxes Expense $8,690
  • Operating Expense $18,169
  • Gross Income $49,326
  • Net Operating Income $27,476

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,721

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2800.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5020033020
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Partial, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 208.45
  • Room Type: Kitchen, Laundry, Living Room, Walk-In Closet

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unpaved, On Site
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5746.00
  • Lot Size Acres: 0.1319

Multi Family

  • Gross Income: 49326.00
  • Gross Scheduled Income: 49326.00
  • Insurance Expense: 3752.00
  • Lot Size Area: 5746.0000 Square Feet
  • Net Operating Income: 27476.00
  • 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: 15516.00
  • Rent Control: Yes
  • Total Expenses: 18169.00

Tax Info

  • New Taxes Expense: 8690.00
  • Tax Census Tract: 2317.10
  • Tax Lot: 16
  • Tax Tract Number: 2628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Dec 12, 2019
Sold by
Woo Bernice Wong and Woo Kevin M
Bought by
Ruby Funds Llc
Seller's Agent
Rosa Gastelum
CENTURY 21 REALTY MASTERS
Buyer's Agent
Rosa Gastelum
CENTURY 21 REALTY MASTERS
List Price
$699,000
Sold Price
$715,000
Premium/Discount to List
$16,000
2.29%
Current Estimated Value
$995,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,242
Avg. Annual Appreciation
6.97%
Original Mortgage
$675,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2015
Sold by
Wong Glenn
Bought by
Woo Bernice Wong

Purchase Details

Closed on
Dec 28, 2010
Sold by
Woo Bernice W and Woo Family Trust
Bought by
Woo Bernice W and Woo Kevin M

Purchase Details

Closed on
Mar 17, 2010
Sold by
Woo Bernice W
Bought by
Woo Jack F and Woo Bernice W
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
Ruby Funds Llc $715,000 Wfg National Title Co Of Ca
Woo Bernice Wong $30,909 None Available
Woo Bernice W -- None Available
Woo Jack F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruby Funds Llc $1,008,750
Closed Ruby Funds Llc $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $715,000 +2.3% $208 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $699,000 0.0% $204 / Sq Ft
11/01/2016 11/01/16 Rented $3,275 0.0% --
10/06/2016 10/06/16 Price Changed $3,275 -9.0% $2 / Sq Ft
09/23/2016 09/23/16 For Rent $3,600 -- --
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 $9,721 $781,952 $470,265 $311,687
2024 $9,721 $766,621 $461,045 $305,576
2023 $9,542 $751,590 $452,005 $299,585
2022 $9,112 $736,854 $443,143 $293,711
2021 $8,985 $722,406 $434,454 $287,952
2020 $3,140 $220,751 $119,602 $101,149
2019 $3,033 $216,423 $117,257 $99,166
2018 $2,938 $212,180 $114,958 $97,222
2016 $2,780 $203,943 $110,495 $93,448
2015 $2,421 $173,799 $91,782 $82,017
2014 $2,290 $156,666 $83,553 $73,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19233303

California Regional Multiple Listing Service (CRMLS)

APN: 5020-033-020