NOT LISTED FOR SALE

925 Esperanza St Los Angeles, CA 90023

Estimated Value: $580,000 - $906,000

4 Beds
3 Baths
1,436 Sq Ft
$518/Sq Ft Est. Value

Last Sold August 11, 2015

Last sale price $455,000 $317 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,517/month

11 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • Cooling System Mounted To A Wall/Window
  • More Than Two Accessible Exits

About This Home

As of August 2015

Great Investment Opportunity!!! EXCELLENT LOCATION!!!
TWO UNITS: FRONT UNIT = 3 Bedroom and 2 Baths, Big Updated Kitchen, Spacious living room. Property looks very nice and comfortable. Baths have being updated as well. Big Laundry room in site.
BACK UNIT = 1 Bedroom and 1 Bathroom. Very cozy unit with own Laundry room. You really have privacy here.
Plenty of Parking space and RV parking as well. Large Lot, Long and gated driveway(Strong Iron Fence all around)..... Huge space for Children to play.
Easy access by the front or by the Alley entrance. Easy on maintenance since has mostly concrete all around.
Short distance and easy to commute to Downtown Los Angeles .
Property will be deliver VACANT.

Last Agent to Sell the Property

Christine Hernandez

Century 21 Masters License #01723510 Listed on: 05/24/2015

Century 21 Masters

Last Buyer's Agent

Alyssa Valentine

Compass License #01517618

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,653

Year Built

  • Built in 1933

Lot Details

  • 5,237 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Fence is in excellent condition

Home Design

  • Contemporary Architecture
  • Raised Foundation

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Parking Deck
  • Driveway

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 2049
  • Assessor Parcel Number 5188016029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $75
  • Insurance Expense $75
  • Trash Expense $55
  • Water Sewer Expense $75
  • New Taxes Expense $9,900
  • Gross Income $2,700
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,653

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 75.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5188016029
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 316.85

Exterior Features

  • Foundation: Raised
  • Fencing: Excellent Condition
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Deck, Driveway
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 55.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5237.00
  • Price Per Lot Square Foot: 86.88
  • Lot Size Acres: 0.1200

Multi Family

  • Electric Expense: 75.00
  • Gross Income: 2700.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 75.00
  • Lot Size Area: 5237.0000 Square Feet
  • Net Operating Income: 4000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3200.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9900.00
  • Tax Lot: 31
  • Tax Tract Number: 2049
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2015
Closed on
Jun 22, 2015
Sold by
Sagastizado Tony and Reyes Marisela
Bought by
Salikov Timur
Seller's Agent
Christine Hernandez
Century 21 Masters
Buyer's Agent
Alyssa Valentine
Compass
List Price
$440,000
Sold Price
$455,000
Premium/Discount to List
$15,000
3.41%
Current Estimated Value
$743,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,900
Avg. Annual Appreciation
4.36%
Original Mortgage
$446,758
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 1999
Sold by
Sepulveda Jesus and Sepulveda Juana
Bought by
Sagastizado Tony and Reyes Marisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,670
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 1996
Sold by
Romero Maria Delrosario Anguiano
Bought by
Sepulveda Jesus and Sepulveda Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
7.97%
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
Salikov Timur $455,000 Old Republic Title Company
Sagastizado Tony $165,000 Southland Title
Sepulveda Jesus $141,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salikov Timur $525,000
Closed Salikov Timur $446,330
Previous Owner Salikov Timur $446,758
Previous Owner Sagastizado Tony $325,000
Previous Owner Sagastizado Tony $232,500
Previous Owner Sagastizado Tony $21,389
Previous Owner Sagastizado Tony $163,670
Previous Owner Sepulveda Jesus $126,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2015 08/11/15 Sold $455,000 +3.4% $317 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/24/2015 05/24/15 For Sale $440,000 -- $306 / 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 $6,653 $538,623 $325,542 $213,081
2024 $6,653 $528,062 $319,159 $208,903
2023 $6,527 $517,708 $312,901 $204,807
2022 $6,228 $507,558 $306,766 $200,792
2021 $6,152 $497,606 $300,751 $196,855
2020 $6,212 $492,505 $297,668 $194,837
2019 $5,971 $482,849 $291,832 $191,017
2018 $5,847 $473,382 $286,110 $187,272
2016 $5,588 $455,000 $275,000 $180,000
2015 $2,647 $215,218 $130,437 $84,781
2014 $2,667 $211,003 $127,882 $83,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15111691

California Regional Multiple Listing Service (CRMLS)

APN: 5188-016-029