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Seller's Agent in 2022
Walner H Hernandez
RE/MAX
915 E 23rd St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $1,094,000 - $1,343,364
12
Beds
6
Baths
4,164
Sq Ft
$288/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 2 Car Detached Garage
- Front Yard
- Fenced Yard
- Ceramic Tile Flooring
About This Home
As of July 2022Great opportunity to own a Quadruplex in the Historic South Central area, appx. 2 miles from the University of Southern California (USC). Property features 4 spacious units, of which are divided between two separate buildings. 4164 square footage of living space and 6,258 square footage of lot size. Property is centrally located near Downtown LA. This area offers investor/buyers a significant upside in future rental potential due to the dense rental area and the major construction developments in the area which include the new seven story development being built on Adams/Grand which will have 296 units of housing and 5,000 square feet of commercial space. Also, the new Multi-Housing development, featuring 105 residential units along with commercial space spanning an area of 7,300 square feet. Property is also near LA Live, Banc of California Stadium, LA Memoria Coliseum, Crypto.Com Arena, Dodger Stadium, Union Station, restaurants, 10 & 110 Freeways and much more. This property is a must see!!!
Last Agent to Sell the Property
Walner H Hernandez
RE/MAX Alliance Group License #01318574 Listed on: 03/14/2022
Last Buyer's Agent
Walner H Hernandez
RE/MAX Alliance Group License #01318574
Property Details
Home Type
- Multi-Family
Lot Details
- 6,258 Sq Ft Lot
- Fenced Yard
- Front Yard
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
Interior Spaces
- 4,164 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Location
- City Lot
Utilities
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Gas Water Heater
- Sewer in Street
Listing and Financial Details
- Tenant pays for gas, electricity, trash collection
- The owner pays for gas, electricity, water
- Assessor Parcel Number 5131-016-026
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 23, 2015
Sold by
Rivas Cruz B
Bought by
Rivas Cruz B and Cruz B Rivas Living Trust
Current Estimated Value
Purchase Details
Closed on
Aug 6, 1999
Sold by
Rivas Catalina Trujillo
Bought by
Rivas Cruz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
4.35%
Purchase Details
Closed on
Sep 18, 1998
Sold by
Trujillo Catalina
Bought by
Rivas Cruz
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
6.84%
Purchase Details
Closed on
Sep 10, 1997
Sold by
Leon Jose and Avco Mtg Centers Inc
Bought by
Avco Mtg Centers Inc and Avco Financial Services Of Southern Ca I
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rivas Cruz B | -- | None Available | |
| Rivas Cruz | -- | Fidelity Title | |
| Rivas Cruz | -- | -- | |
| Rivas Cruz | $135,000 | -- | |
| Avco Mtg Centers Inc | $152,250 | Orange Coast Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rivas Cruz | $164,500 | |
| Previous Owner | Rivas Cruz | $108,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $945,000 | -5.0% | $227 / Sq Ft |
| 05/31/2022 05/31/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | For Sale | $995,000 | 0.0% | $239 / Sq Ft |
| 03/31/2022 03/31/22 | Pending | -- | -- | -- |
| 03/14/2022 03/14/22 | For Sale | $995,000 | -- | $239 / Sq Ft |
Source: The MLS
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 | $12,110 | $983,178 | $551,412 | $431,766 |
| 2024 | $12,110 | $963,900 | $540,600 | $423,300 |
| 2023 | $11,880 | $945,000 | $530,000 | $415,000 |
| 2022 | $5,375 | $415,100 | $147,721 | $267,379 |
| 2021 | $5,288 | $406,962 | $144,825 | $262,137 |
| 2020 | $5,334 | $402,990 | $143,340 | $259,650 |
| 2019 | $5,137 | $395,093 | $140,530 | $254,563 |
| 2018 | $5,020 | $387,351 | $137,775 | $249,576 |
| 2016 | $4,759 | $372,120 | $132,426 | $239,694 |
| 2015 | $4,693 | $366,531 | $130,437 | $236,094 |
| 2014 | -- | $359,352 | $127,882 | $231,470 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: The MLS
MLS Number: 22-135207
APN: 5131-016-026
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