NOT LISTED FOR SALE

927 E 25th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $802,000 - $1,761,207

4 Beds
2 Baths
2,532 Sq Ft
$506/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $630,000 $249 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $8,334/month

12 Days on Market

Highlights

  • RV Access or Parking
  • City Lights View
  • Property is near park and public transit
  • Gated Parking
  • Open Floorplan
  • Private Yard

About This Home

As of August 2019

R-3 Zone lot for sale, can be built up to 8 units, investors here is an amazing opportunity. 2 detached homes on a lot, the front house will be delivered vacant at close of escrow. Rear house tenants are in a month to month lease.

Property has not been on the market for over 25 years, ( check with City regarding zoning and building total SF before making an offer, please. Agent and owner do not warrant the building square footage or zoning. building area 2,532 situated a 6,501 square foot lot.

Last Agent to Sell the Property

Rosalba Farias

RE/MAX CHAMPIONS License #00987798 Listed on: 08/02/2019

RE/MAX CHAMPIONS

Last Buyer's Agent

Rosalba Farias

RE/MAX CHAMPIONS License #00987798 Listed on: 08/02/2019

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 6,501 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Shared Driveway
  • Driveway Level
  • Gated Parking
  • Parking Lot
  • Off-Street Parking
  • RV Access or Parking
  • Assigned Parking

Home Design

  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,532 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Family Room
  • City Lights Views
  • Tile Countertops
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Standard Electricity

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Property is near park and public transit

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 2264
  • Assessor Parcel Number 5131021009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Fuel Expense $50
  • Insurance Expense $900
  • Professional Management Expense $100
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $8,000
  • Operating Expense $400
  • Gross Income $1,330
  • Net Operating Income $1,230

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Tenants in possetion
  • Professional Management Expense: 100.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5131021009
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Tile Counters, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 248.82
  • Room Type: All Bedrooms Down, Basement, Family Room, Laundry
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • View: City Lights
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Paved, Driveway Level, Gated, Off Street, Parking Space, Private, RV Access/Parking, Shared Driveway, Uncovered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Level with Street, Lot 6500-9999, Rectangular Lot, Near Public Transit, Park Nearby, Paved, Walkstreet, Yard
  • Lot Size Sq Ft: 6501.00
  • Lot Size Acres: 0.1492

Multi Family

  • Electric Expense: 100.00
  • Fuel Expense: 50.00
  • Gross Income: 1330.00
  • Gross Scheduled Income: 1330.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6501.0000 Square Feet
  • Net Operating Income: 1230.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 100.00
  • Rent Control: Yes
  • Total Expenses: 400.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Census Tract: 2264.20
  • Tax Lot: 39
  • Tax Tract Number: 2264.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Jms 26 Properties Llc
Bought by
Griffith 26 Llc
Current Estimated Value
$1,281,604

Purchase Details

Listed on
Aug 2, 2019
Closed on
Aug 22, 2019
Sold by
Robles Yvette and Robles Yvette
Bought by
Jms 26 Properties Llc
Seller's Agent
Rosalba Farias
RE/MAX CHAMPIONS
Buyer's Agent
Rosalba Farias
RE/MAX CHAMPIONS
List Price
$749,000
Sold Price
$630,000
Premium/Discount to List
-$119,000
-15.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%

Purchase Details

Closed on
May 28, 2016
Sold by
Robles Araceli and Robles Saul
Bought by
Robles Yvette and Robles Lizette Mahmond

Purchase Details

Closed on
May 1, 2015
Sold by
Robles Araceli
Bought by
Robles Araceli and Robles Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,220
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2015
Sold by
Robles Lizette and Martinez Oscar Edurado Herandez
Bought by
Robles Lizette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,220
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2004
Sold by
Robles Araceli and Munoz Araceli
Bought by
Robles Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2003
Sold by
Robles Marcos
Bought by
Munoz Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2001
Sold by
Robles Griselda and Munoz Francisco Javier
Bought by
Munoz Francisco Javier and Munoz Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,940
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1997
Sold by
Lopez Maria
Bought by
Hernandez Griselda and Munoz Francisco Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,164
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1997
Sold by
Earl Kathleen and Jackson Gail
Bought by
Lopez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,150
Interest Rate
7.61%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Griffith 26 Llc $1,600,000 None Listed On Document
Jms 26 Properties Llc $630,000 Orange Coast Title Company
Robles Yvette -- None Available
Robles Araceli -- First American Title Ins Co
Robles Araceli -- First American Title Ins Co
Robles Lizette -- First American Title Ins Co
Robles Saul -- First American Title Ins Co
Robles Araceli -- Lawyers Title
Munoz Araceli -- Gateway Title Company
Munoz Francisco Javier -- Gateway Title Company
Hernandez Griselda $185,000 Benefit Land Title Company
Lopez Maria $136,900 Benefit Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robles Lizette $268,220
Previous Owner Robles Araceli $297,500
Previous Owner Munoz Araceli $234,000
Previous Owner Munoz Francisco Javier $198,940
Previous Owner Hernandez Griselda $180,164
Previous Owner Lopez Maria $135,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $630,000 -4.4% $249 / Sq Ft
08/07/2019 08/07/19 Price Changed $659,000 -12.0% $260 / Sq Ft
08/02/2019 08/02/19 For Sale $749,000 -- $296 / 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 $20,135 $1,697,932 $1,697,932 --
2024 $20,135 $1,664,640 $1,664,640 --
2023 $20,028 $1,632,000 $816,000 $816,000
2022 $7,964 $649,256 $432,838 $216,418
2021 $7,859 $636,526 $424,351 $212,175
2020 $7,935 $630,000 $420,000 $210,000
2019 $6,231 $498,767 $318,362 $180,405
2018 $10,781 $488,988 $312,120 $176,868
2016 $3,601 $280,798 $129,564 $151,234
2015 $3,551 $276,581 $127,618 $148,963
2014 $3,575 $271,165 $125,119 $146,046
Source: Public Records

Agents Affiliated with this Home

  • Rosalba Farias

    Seller's Agent in 2019

    Rosalba Farias

    RE/MAX

    (626) 222-1338

    1 in this area

    53 Total Sales

    Rosalba Farias
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19185687

California Regional Multiple Listing Service (CRMLS)

APN: 5131-021-009

California Los Angeles County Los Angeles 90011 Historic South Central

927 E 25th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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