NOT LISTED FOR SALE

Estimated Value: $718,960 - $762,000

4 Beds
3 Baths
2 Sq Ft
$366,370/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $468,000 $234,000 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,426/month

40 Days on Market

About This Home

As of November 2018

20K REDUCTION since listed & the single unit is now currently unoccupied bring your FHA buyers. Fantastic opportunity to own three separate units on one lot on a spacious street heading up to U.S.C in Los Angeles UNDER! 500K This triplex is on a spacious lot of almost 5,200 sqft! Three units are in need of some TLC, perfect for a buyer looking to have instant equity while renovating three units back up to its best potential, live in one unit and rent the other two. Also great for an investor looking for a flip in the greater area of Los Angeles or the savvy investor looking for rental income. This triplex has the front unit at a 3 bed/ 1 bath with a one car garage, attached is another unit a studio with its own bathroom and the back detached unit has 1 bed/ 1 bath. Total building sqft is almost 1,594. Property sold in "as is condition." Don't miss out on this fantastic opportunity! Agents bring your buyers, investors everybody's welcome open house Saturday September 15TH from 12:30 PM till 3:30 p.m.

Last Agent to Sell the Property

Edwin Valiente

Tri-Pillar Realty License #01834129 Listed on: 08/16/2018

Last Buyer's Agent

Victor Hatten

Berkshire Hathaway HSCP License #01823368

Berkshire Hathaway HSCP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,509

Year Built

  • Built in 1909

Lot Details

  • 5,120 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 2 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 210
  • Tax Tract Number 232700
  • Assessor Parcel Number 5001008007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $250
  • New Taxes Expense $6,875
  • Operating Expense $9,925
  • Gross Income $43,872
  • Net Operating Income $33,947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,509

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 250.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5001008007
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5120.00
  • Lot Size Acres: 0.1175

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 43872.00
  • Gross Scheduled Income: 43872.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5120.0000 Square Feet
  • Net Operating Income: 33947.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 9925.00
  • Rent Control: Yes
  • Total Expenses: 9925.00

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Census Tract: 2327.00
  • Tax Lot: 210
  • Tax Tract Number: 232700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Nov 26, 2018
Sold by
Tamada Masanobu and Tamada Angelica Ivar
Bought by
Bowman Tanielle
Seller's Agent
Edwin Valiente
Tri-Pillar Realty
Buyer's Agent
Victor Hatten
Berkshire Hathaway HSCP
List Price
$499,995
Sold Price
$468,000
Premium/Discount to List
-$31,995
-6.4%
Current Estimated Value
$732,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,740
Avg. Annual Appreciation
6.71%
Original Mortgage
$458,892
Outstanding Balance
$409,761
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$322,979

Purchase Details

Closed on
Aug 16, 2002
Sold by
Mejia Pablo and Martinez Gregorio
Bought by
Mejia Pablo and Mejia Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.15%

Purchase Details

Closed on
Jan 24, 2000
Sold by
Montoya Anahi
Bought by
Martinez Mejia Pablo and Martinez Mejia Gregorio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1999
Sold by
Martin Carlos
Bought by
Montoya Anahi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Martin Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.71%

Purchase Details

Closed on
Jun 16, 1998
Sold by
Rosales Arcadio P and Rosales Josefina
Bought by
Washington Mutual Bank Fa
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
Bowman Tanielle $468,000 Provident Title Company
Mejia Pablo -- Fidelity
Martinez Mejia Pablo $185,000 Orange Coast Title
Montoya Anahi -- Orange Coast Title
Martin Carlos $105,000 Stewart Title
Washington Mutual Bank Fa $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Tanielle $458,892
Previous Owner Mejia Pablo $196,000
Previous Owner Martinez Mejia Pablo $183,487
Previous Owner Martin Carlos $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2018 11/16/18 Sold $468,000 -2.5% $234,000 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/14/2018 09/14/18 Price Changed $479,995 -2.0% $239,998 / Sq Ft
09/05/2018 09/05/18 Price Changed $489,995 -2.0% $244,998 / Sq Ft
08/16/2018 08/16/18 For Sale $499,995 +53.8% $249,998 / Sq Ft
07/13/2014 07/13/14 Sold $325,000 0.0% $233 / Sq Ft View Prior Sale
04/27/2014 04/27/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $325,000 -- $233 / 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 $6,509 $522,058 $446,205 $75,853
2024 $6,509 $511,822 $437,456 $74,366
2023 $6,391 $501,787 $428,879 $72,908
2022 $6,105 $491,949 $420,470 $71,479
2021 $6,024 $482,304 $412,226 $70,078
2020 $6,083 $477,360 $408,000 $69,360
2019 $6,318 $468,000 $400,000 $68,000
2018 $4,278 $343,283 $205,970 $137,313
2016 $4,082 $329,955 $197,973 $131,982
2015 $4,023 $325,000 $195,000 $130,000
2014 $2,891 $223,110 $172,379 $50,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18200223

California Regional Multiple Listing Service (CRMLS)

APN: 5001-008-007