NOT LISTED FOR SALE

934 Farnam St Los Angeles, CA 90042

Estimated Value: $877,000 - $1,589,000

4 Beds
2 Baths
660 Sq Ft
$2,023/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $1,169,000 $1,771 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,358/month

7 Days on Market

Highlights

  • Converted Garage
  • Central Heating and Cooling System
  • 4-minute walk to Cleland Park
  • 1 Detached Carport Space

About This Home

As of October 2019

Two stand-alone homes, perfectly placed on their lot, surrounded by vibrant landscaping, citrus and butterfly/bird attracting natives. The El Paso home features 2 beds and one bath, a one-car garage, open floorplan, vaulted ceilings, huge upgrades throughout the home, a lush lawn, and a spacious shaded outdoor deck perfect for entertaining, relaxing or working from home. The Farnam home features 2 beds and one bath as well, vaulted ceilings and skylights, private grassy area and an outdoor oasis with bistro lights lending itself to evening dining. Both homes have new electrical, new plumbing systems, new tankless water heaters, retrofitted foundations, new HVAC and new sewer lines. The positioning of the homes on the property allows for maximum privacy and enjoyment of both homes outdoor entertaining areas without intrusion from the occupants of either home. These two homes are a wonderful investment as two rentals or live in one and rent out the other!

Last Agent to Sell the Property

KENDALL KEY

Realpro Eastside License #01874944 Listed on: 08/20/2019

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,336

Year Built

  • Built in 1920

Lot Details

  • 7,234

Parking

  • 1 Car Garage
  • 1 Detached Carport Space
  • Converted Garage
  • Automatic Gate

Home Design

  • 660 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Dishwasher
  • Electric Dryer Hookup
  • 7,234 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5477-021-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,336

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Two stand-alone homes, perfectly placed on their lot, surrounded by vibrant landscaping, citrus and butterfly/bird attracting natives. The El Paso home features 2 beds and one bath, a one-car garage, open floorplan, vaulted ceilings, huge upgrades throughout the home, a lush lawn, and a spacious shaded outdoor deck perfect for entertaining, relaxing or working from home. The Farnam home features 2 beds and one bath as well, vaulted ceilings and skylights, private grassy area and an outdoor oasis with bistro lights lending itself to evening dining. Both homes have new electrical, new plumbing systems, new tankless water heaters, retrofitted foundations, new HVAC and new sewer lines. The positioning of the homes on the property allows for maximum privacy and enjoyment of both homes outdoor entertaining areas without intrusion from the occupants of either home. These two homes are a wonderful investment as two rentals or live in one and rent out the other!
  • Living Area: 660
  • Probate: No
  • Year Built: 1920
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Electric Dryer Hookup
  • Price Per S Q F T: 1740.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 1
  • Parking Garage: Auto Driveway Gate, Carport, Carport Detached, Converted Garage
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 44897
  • Assessed Land Value: 171281
  • Assessor Parcel Number: 5477-021-007
  • Geocode Override: No
  • Lot Size Area: 7234

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2 Homes
  • Vacancy Rate: Vacant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Oct 7, 2019
Sold by
Legacy Private Funding Inc
Bought by
Cabral Rojelio and Cabral Caitlin M Mcnulty
Seller's Agent
KENDALL KEY
Realpro Eastside
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,149,000
Sold Price
$1,169,000
Premium/Discount to List
$20,000
1.74%
Current Estimated Value
$1,335,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,486
Avg. Annual Appreciation
2.24%
Original Mortgage
$935,200
Outstanding Balance
$829,365
Interest Rate
4.12%
Estimated Equity
$506,121

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 16, 2018
Sold by
Pasillas Ezequiel and Carrillo Juana
Bought by
Legacy Private Funding Inc
Seller's Agent
Navshad Lalani
Naush Lalani, Broker
Buyer's Agent
Glenn Shelhamer
The Shelhamer Real Estate Group
List Price
$850,000
Sold Price
$755,000
Premium/Discount to List
-$95,000
-11.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.17%
Original Mortgage
$690,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 1997
Sold by
Seyon Land Inc
Bought by
Pasillas Ezequiel and Pasilla Juana

Purchase Details

Closed on
Aug 10, 1996
Sold by
Pasillas G Ezequiel and Carrillo Juana
Bought by
Pasillas Ezequiel and Pasillas Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
8.23%

Purchase Details

Closed on
Mar 13, 1995
Sold by
Carrillo Felicitas
Bought by
Carrillo Cleto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
8.9%

Purchase Details

Closed on
Feb 23, 1995
Sold by
Noyes John E and Denoyes Maria Alicia Palma
Bought by
Pasillas G Ezequiel and Carrillo Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
8.9%

Purchase Details

Closed on
Nov 9, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Noyes John E and Denoyes Maria Alicia Palma

Purchase Details

Closed on
Apr 19, 1994
Sold by
American Svgs Bank Fa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 1, 1993
Sold by
N A Mtg Services Inc
Bought by
American Svgs 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
Cabral Rojelio $1,169,000 Stewart Title Company
Legacy Private Funding Inc $755,000 Orange Coast Title
Pasillas Ezequiel -- Stewart Title
Pasillas Ezequiel -- Universal Title Co
Carrillo Cleto -- Stewart Title
Pasillas G Ezequiel $162,000 Stewart Title
Noyes John E $100,000 First American Title Company
Federal Home Loan Mortgage Corporation -- First American Title Company
American Svgs Bank Fa $136,666 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabral Rojelio $935,200
Previous Owner Legacy Private Funding Inc $690,000
Previous Owner Pasillas Ezequiel $11,000
Previous Owner Pasillas G Ezequiel $146,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2019 10/08/19 Sold $1,169,000 +1.7% $1,771 / Sq Ft
08/20/2019 08/20/19 For Sale $1,149,000 +52.2% $1,741 / Sq Ft
10/03/2018 10/03/18 Sold $755,000 0.0% $599 / Sq Ft View Prior Sale
10/03/2018 10/03/18 Sold $755,000 +4.1% $599 / Sq Ft View Prior Sale
06/14/2018 06/14/18 Price Changed $725,000 0.0% $575 / Sq Ft
06/14/2018 06/14/18 Price Changed $725,000 -14.7% $575 / Sq Ft
06/12/2018 06/12/18 For Sale $850,000 0.0% $675 / Sq Ft
05/20/2018 05/20/18 For Sale $850,000 -- $675 / Sq Ft
Source: The MLS

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 $15,336 $1,278,467 $895,693 $382,774
2024 $15,336 $1,253,400 $878,131 $375,269
2023 $15,038 $1,228,824 $860,913 $367,911
2022 $14,335 $1,204,731 $844,033 $360,698
2021 $14,163 $1,181,110 $827,484 $353,626
2020 $14,309 $1,169,000 $819,000 $350,000
2019 $9,134 $755,000 $530,000 $225,000
2018 $2,814 $220,500 $174,706 $45,794
2016 $2,680 $211,940 $167,923 $44,017
2015 $2,642 $208,757 $165,401 $43,356
2014 $2,665 $204,669 $162,162 $42,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-501750

The MLS

APN: 5477-021-007