NOT LISTED FOR SALE

925 E 32nd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $625,549 - $889,000

6 Beds
3 Baths
2,433 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $370,000 $152 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,467/month

396 Days on Market

Highlights

  • Spa
  • Spanish Architecture
  • No HOA
  • All Bedrooms Downstairs
  • Lawn
  • Living Room

About This Home

As of March 2016

Price Reduced $10,000 for quick sale....Great Location Close to public transportation, urban area and downtown..... 2 bedroom/1 bath unit, side by side duplex in the front and a separate small house with 2 bedrooms/1 bath in the rear ready for owner/occupant. Gated paved off street parking at the rear of property. Property in good condition new plumbing, bathroom remodeling and flooring. Great Investment.......Drive by and submit your offer subject to inspection.

Last Agent to Sell the Property

Leonard Fields

VICTORY REALTY AND INVESTMENTS License #01353745 Listed on: 10/29/2015

Last Buyer's Agent

Giselle Munoz

Realty One Group United License #01965497

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 5,659 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot
  • Lawn
  • Front Yard
  • Density is 11-15 Units/Acre

Parking

  • 3 Parking Spaces

Home Design

  • Spanish Architecture
  • Property Attached
  • Flat Roof Shape
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,433 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Range Hood

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

  • Spa
  • No Permits For Spa

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 50
  • Tax Tract Number 5114
  • Assessor Parcel Number 5114021025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $900
  • Trash Expense $1,080
  • Gross Income $2,635
  • Net Operating Income $29,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5114021025
  • Year Built: 1898
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 152.08
  • Room Type: All Bedrooms Down, Living Room
  • Spa Features: No Permits

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Asphalt, Composition, Flat, Rolled/Hot Mop
  • Spa: Yes

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Range Hood
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1080.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 11-15 Units/Acre, Front Yard, Level, Lawn, Irregular Lot, Paved
  • Lot Size Sq Ft: 5659.00
  • Price Per Lot Square Foot: 65.38
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 2635.00
  • Gross Scheduled Income: 31620.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5659.0000 Square Feet
  • Net Operating Income: 29640.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6325.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 50
  • Tax Tract Number: 5114
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2015
Closed on
Apr 1, 2016
Sold by
Munoz Salvador and Ana Maria Hernandez Trust
Bought by
Munoz Melannie
Seller's Agent
Leonard Fields
VICTORY REALTY AND INVESTMENTS
Buyer's Agent
Giselle Munoz
Realty One Group United
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$773,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,137
Avg. Annual Appreciation
7.75%

Purchase Details

Listed on
Oct 29, 2015
Closed on
Jan 12, 2016
Sold by
Gray Shunda L
Bought by
Gray Rodney K
Seller's Agent
Leonard Fields
VICTORY REALTY AND INVESTMENTS
Buyer's Agent
Giselle Munoz
Realty One Group United
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Gray Rodney K
Bought by
Munoz Salvador and Ana Maria Hernandez Trust

Purchase Details

Closed on
Mar 17, 2005
Sold by
Gray Rodney K and Gray Shunda L
Bought by
Gray Rodney K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2002
Sold by
Gray Rodney
Bought by
Gray Rodney K and Gray Shunda L

Purchase Details

Closed on
Jul 29, 2002
Sold by
Herndon Marie
Bought by
Gray Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
7.5%

Purchase Details

Closed on
Sep 19, 2001
Sold by
Gray Shunda L
Bought by
Gray Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.9%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Herndon Marie
Bought by
Pr Gray Marie Herndon and Pr Marie Herndon Gray Separate

Purchase Details

Closed on
Nov 26, 1996
Sold by
Gray Marie H
Bought by
Gray Marie H
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
Munoz Melannie -- None Available
Gray Rodney K -- Lawyers Title
Munoz Salvador $370,000 Lawyers Title
Gray Rodney K -- New Century Title Company
Gray Rodney K -- New Century Title Company
Gray Rodney K -- --
Gray Rodney -- Chicago Title Co
Gray Rodney -- Orange Coast Title
Gray Rodney -- Orange Coast Title
Pr Gray Marie Herndon -- --
Gray Marie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Rodney K $153,000
Previous Owner Gray Rodney $151,000
Previous Owner Gray Rodney $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $370,000 -7.3% $152 / Sq Ft
12/12/2015 12/12/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $399,000 -- $164 / 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 $5,565 $437,998 $201,242 $236,756
2024 $5,565 $429,411 $197,297 $232,114
2023 $5,512 $420,992 $193,429 $227,563
2022 $5,217 $412,738 $189,637 $223,101
2021 $5,143 $404,646 $185,919 $218,727
2020 $5,190 $400,498 $184,013 $216,485
2019 $4,994 $392,646 $180,405 $212,241
2018 $4,917 $384,948 $176,868 $208,080
2016 $1,982 $143,340 $61,379 $81,961
2015 $1,956 $141,188 $60,458 $80,730
2014 $1,983 $138,423 $59,274 $79,149
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Leonard Fields

    VICTORY REALTY AND INVESTMENTS

    Section Image

  • G

    Buyer's Agent in 2016

    Giselle Munoz

    Realty One Group United

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14240314

California Regional Multiple Listing Service (CRMLS)

APN: 5114-021-025

California Los Angeles County Los Angeles 90011 Historic South Central

925 E 32nd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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