NOT LISTED FOR SALE

Estimated Value: $772,135 - $944,000

4 Beds
3 Baths
2,440 Sq Ft
$349/Sq Ft Est. Value

Last Sold December 20, 2014

Last sale price $415,000 $170 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,994/month

138 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-minute walk to Boyle Heights Sports Center and Park
  • Outdoor Cooking Area

About This Home

As of December 2014

THREE (3) UNITS COMPLETELY REHABBED. CONSISTING 1. 2BDMS W/FORMAL DINING, LARGE KITCHEN, LARGE COVERED PORCH (? 3RD BDM.), 2. UPSTAIRS EXACTLY LIKE BOTTOM APT. EXCEPT 1BDM. AND 3RD. SINGLE W/KITCHEN & BDM. VIEW TO CITY'S SKYLINE. PROPERTY IS TOTALLY FENCED. Lot North of building is owned by City of Los Angeles and a revocable easement gives the right to homeowner permission to use as needed. Basement w/ 3/4 shower in need of TLC, has possibilities. SUBJECT TO CANCELLATION OF ESCROW.

SELLER IS A TRUST AND LOOKING FOR A REASONABLE OFFER. Check lower info for additional instructions

Last Agent to Sell the Property

Mike Rodriguez

Coldwell Banker Envision License #00239920 Listed on: 11/04/2014

Co-Listed By

NoEmail NoEmail

None MRML License #N/A

Last Buyer's Agent

Miguel Ferman

Standard Capital Realty License #01726929

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,062 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage

Interior Spaces

  • 2,440 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Private Water Source
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 2
  • Assessor Parcel Number 5189012032

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Outdoor Cooking Area

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Insurance Expense $400
  • Trash Expense $600
  • Water Sewer Expense $500
  • New Taxes Expense $4,561
  • Gross Income $3,300
  • Net Operating Income $29,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Not Maintained
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 5189012032
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 170.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Amenities: Outdoor Cooking Area
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6062.00
  • Lot Size Acres: 0.1390

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 400.00
  • Lot Size Area: 6062.0000 Square Feet
  • Net Operating Income: 29900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 9700.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4561.00
  • Tax Area: 0-004
  • Tax Lot: 45
  • Tax Tract Number: 2
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2014
Closed on
Nov 29, 2014
Sold by
Velasquez Albert
Bought by
Hernandez Joan L
Seller's Agent
Mike Rodriguez
Coldwell Banker Envision
Buyer's Agent
Miguel Ferman
Standard Capital Realty
List Price
$444,500
Sold Price
$415,000
Premium/Discount to List
-$29,500
-6.64%
Current Estimated Value
$852,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,034
Avg. Annual Appreciation
6.75%
Original Mortgage
$407,483
Interest Rate
4%
Mortgage Type
FHA
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
Hernandez Joan L $415,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Joan L $407,483
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2014 12/20/14 Sold $415,000 -6.6% $170 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $444,500 -- $182 / 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 $6,199 $498,757 $360,551 $138,206
2024 $6,199 $488,979 $353,482 $135,497
2023 $6,083 $479,392 $346,551 $132,841
2022 $5,806 $469,993 $339,756 $130,237
2021 $5,724 $460,779 $333,095 $127,684
2019 $5,556 $447,114 $323,216 $123,898
2018 $5,484 $438,348 $316,879 $121,469
2016 $5,223 $421,328 $304,575 $116,753
2015 $622 $35,241 $17,927 $17,314
2014 $644 $34,551 $17,576 $16,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14135123

California Regional Multiple Listing Service (CRMLS)

APN: 5189-012-032