NOT LISTED FOR SALE

934 Simmons Ave Los Angeles, CA 90022

Estimated Value: $768,000 - $909,000

6 Beds
5 Baths
2,251 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $812,500 $361 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,447/month

24 Days on Market

About This Home

As of December 2023

Fantastic Investment opportunity! Location, location, location! This Fourplex is conveniently located in a desirable residential Unincorporated area of East Los Angeles, with no rent control! Shopping centers, schools, parks, restaurants and access to freeways are just minutes away!

Last Agent to Sell the Property

Anthony Granados

LPT Realty License #01964081 Listed on: 08/04/2023

LPT Realty

Last Buyer's Agent

ERNESTO ARELLANO

Residence Capital Lending License #01384444

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,188 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,251 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 8366
  • Assessor Parcel Number 6339004003
  • $1,981 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,900
  • Water Sewer Expense $155
  • Operating Expense $10,000
  • Gross Income $4,854

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

5,188 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 155.00
  • Zoning: LCR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6339004003
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 360.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • 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: 5188.00
  • Lot Size Acres: 0.1191

Multi Family

  • Gross Income: 4854.00
  • Gross Scheduled Income: 4854.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 5188.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Expenses: 10000.00

Tax Info

  • Tax Census Tract: 5319.01
  • Tax Lot: 57
  • Tax Tract Number: 8366
  • TaxOtherAnnualAssessmentAmount: 1981.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Salgado Family Investments Llc
Bought by
Limon Aime
Current Estimated Value
$850,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,375
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2014
Sold by
Salgado Amelia and Amelia Salgado Declaration Of
Bought by
Salgado Family Investments Llc

Purchase Details

Closed on
Apr 3, 2014
Sold by
Salgado Amelia and Amelia Salgado Declaration Of
Bought by
Corona Lorena and Carreon Irma

Purchase Details

Closed on
May 11, 2004
Sold by
Gutierrez Albert L
Bought by
Salgado Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2002
Sold by
Gutierrez Albert L
Bought by
Gutierrez Albert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.51%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Hud
Bought by
Gutierrez Albert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,190
Interest Rate
7.88%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Mar 22, 2000
Sold by
Campos Jose and Campos Leticia M
Bought by
Homeside Lending Inc and Bancboston Mtg Corp

Purchase Details

Closed on
Mar 6, 1997
Sold by
Ruiz Daniel and Ruiz Sandra
Bought by
Martinez Campos Jose and Martinez Campos Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,533
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ruiz Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
7.8%

Purchase Details

Closed on
Feb 7, 1996
Sold by
Zurita Florentino and Zurita Josefina
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Limon Aime $812,500 Chicago Title Company
Salgado Family Investments Llc -- None Available
Salgado Family Investments Llc -- None Available
Corona Lorena $172,000 None Available
Salgado Amelia -- None Available
Salgado Amelia $500,000 Southland Title
Gutierrez Albert L -- American Title
Gutierrez Albert L $220,500 Fidelity Title
Hud -- First Southwestern Title Co
Homeside Lending Inc $295,946 First Southwestern Title
Martinez Campos Jose $265,000 Benefit Land Title Company
Ruiz Daniel $170,000 First American Title Co
Federal Home Loan Mortgage Corporation $170,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Limon Aime $609,375
Previous Owner Salgado Amelia $264,000
Previous Owner Gutierrez Albert L $182,000
Previous Owner Gutierrez Albert L $176,190
Previous Owner Martinez Campos Jose $254,533
Previous Owner Ruiz Daniel $159,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $812,500 -4.3% $361 / Sq Ft
08/04/2023 08/04/23 For Sale $849,000 -- $377 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,699 $828,750 $612,000 $216,750
2024 $11,699 $812,500 $600,000 $212,500
2023 $9,232 $614,486 $341,668 $272,818
2022 $8,948 $602,438 $334,969 $267,469
2021 $8,673 $590,626 $328,401 $262,225
2020 $8,617 $584,851 $325,034 $259,817
2019 $8,378 $573,390 $318,661 $254,729
2018 $8,510 $562,153 $312,413 $249,740
2016 $8,175 $540,057 $300,283 $239,774
2015 $8,286 $579,898 $301,548 $278,350
2014 $8,148 $568,540 $295,642 $272,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF23143698

California Regional Multiple Listing Service (CRMLS)

APN: 6339-004-003

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