NOT LISTED FOR SALE

Estimated Value: $481,000 - $772,000

2 Beds
1 Bath
1,976 Sq Ft
$337/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $360,000 $182 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,116/month

24 Days on Market

About This Home

As of September 2014

New Listing in Los Angeles. 3 Units House. Great income property. Seller is willing to negotiate offers.

Last Agent to Sell the Property

Jose Ramirez

Velasco Realty Group License #01503703 Listed on: 07/11/2014

Velasco Realty Group

Last Buyer's Agent

Ana Bitolas

First Family Homes License #01348045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,896

Year Built

  • Built in 1938

Lot Details

  • 4,737 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,976 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 236
  • Tax Tract Number 8359
  • Assessor Parcel Number 6050004028

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $480
  • Insurance Expense $600
  • Water Sewer Expense $1,500
  • New Taxes Expense $3,600
  • Gross Income $2,590
  • Net Operating Income $29,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,896

Year Built

Built in 1938

Lot Details

0

Listing Details

  • CapRate: 8.00
  • Price Per Unit: 120000
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 6050004028
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 182.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4737.00
  • Lot Size Acres: 0.1090

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2590.00
  • Gross Scheduled Income: 31080.00
  • Insurance Expense: 600.00
  • Lot Size Area: 4737.0000 Square Feet
  • Net Operating Income: 29100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 1980.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3600.00
  • Taxes Percent: 12.00
  • Tax Lot: 236
  • Tax Tract Number: 8359
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2016
Sold by
Suarez Jose
Bought by
Suarez Jose and Suarez Manuel S
Current Estimated Value
$665,248

Purchase Details

Closed on
Jan 27, 2016
Sold by
Reyes Manuel S
Bought by
Suarez Jose

Purchase Details

Listed on
Jul 11, 2014
Closed on
Sep 13, 2014
Sold by
Voss Vladislav and Voss Vladislav P
Bought by
Reyes Manuel S and Suarez Jose
Seller's Agent
Jose Ramirez
Velasco Realty Group
Buyer's Agent
Ana Bitolas
First Family Homes
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$320,512
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2011
Sold by
Ruiz Arnulfo V and Ruiz Ana
Bought by
Voss Vladislav P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Ruiz Arnulfo V and Ruiz Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 2008
Sold by
Darby Alleta
Bought by
Deutsche Bank National Trust Co and Impac Secured Assets Corp Mortgage Pass

Purchase Details

Closed on
Jan 4, 2007
Sold by
Samuel Onuoha Ministries Inc
Bought by
Darby Alleta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2006
Sold by
Turner Dorothy Semakula and Onuoha Samuel
Bought by
Samuel Onouha Ministries Inc

Purchase Details

Closed on
Oct 27, 2005
Sold by
Okoli Gloria A
Bought by
Turner Dorothy Semakula and Onuoha Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
8.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 31, 2005
Sold by
Jacobs Theresa Amaka
Bought by
Okoli Gloria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2003
Sold by
Pacific Premier Bank
Bought by
Franklin Credit Management Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.5%

Purchase Details

Closed on
Mar 10, 2003
Sold by
Nwude Anthony
Bought by
Jacobs Theresa Amaka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.5%

Purchase Details

Closed on
Feb 6, 2003
Sold by
Franklin Credit Management Corp
Bought by
Jacobs Theresa Amaka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.5%

Purchase Details

Closed on
May 28, 2002
Sold by
Nwokekoro Mgbeonye
Bought by
Life Bank

Purchase Details

Closed on
Oct 2, 2000
Sold by
Nwokekoro Mgbeonye
Bought by
Hurlic Kevin

Purchase Details

Closed on
May 11, 2000
Sold by
Californias Assn Of Minority Contractors
Bought by
Nwokekoro Mgbeonye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
10.87%

Purchase Details

Closed on
May 12, 1999
Sold by
Hud
Bought by
Californias Assn Of Minority Contractors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.84%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Apr 13, 1998
Sold by
Alonso Zeferino Jorge and Archilla Erick N
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Mar 9, 1998
Sold by
Archilla Erick N and Alonso Zeferino Jorge
Bought by
Miranda Vicente Alonso

Purchase Details

Closed on
Jul 11, 1997
Sold by
Alonso Zeferino Jorge and Archilla Erick N
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Dec 16, 1996
Sold by
Sanchez Esperanza
Bought by
Alonso Zeferino J

Purchase Details

Closed on
Nov 24, 1996
Sold by
Miranda Antonio Rios
Bought by
Alonso Zeferino J

Purchase Details

Closed on
Jun 26, 1996
Sold by
Cyprus Kip C
Bought by
Archilla Erick N and Alonso Zeferino Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,324
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1996
Sold by
Cyprus Amy L
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,324
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 1996
Sold by
American Svgs Bank Fa
Bought by
Cyprus Kip

Purchase Details

Closed on
Jan 9, 1996
Sold by
Michel Santos Garcia and Garcia Alberta
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
Suarez Jose -- Accommodation
Suarez Jose -- Accommodation
Reyes Manuel S $360,000 Lawyers Title
Voss Vladislav P $305,000 Investors Title Company
Ruiz Arnulfo V $140,000 Landsafe Title Of Ca Inc
Deutsche Bank National Trust Co $280,500 Landsafe Title
Darby Alleta $650,000 First American Title Co
Samuel Onouha Ministries Inc -- None Available
Turner Dorothy Semakula $520,000 Fatcola
Okoli Gloria A $405,000 Fatcola
Franklin Credit Management Corp -- Chicago Title Co
Jacobs Theresa Amaka -- Chicago Title Co
Jacobs Theresa Amaka $235,000 Chicago Title Co
Life Bank $189,000 United Title Company
Hurlic Kevin -- --
Nwokekoro Mgbeonye $250,000 South Coast Title Company
Californias Assn Of Minority Contractors $110,000 --
Hud -- Lawyers Title Company
Norwest Mtg Inc $237,701 Lawyers Title Company
Miranda Vicente Alonso -- --
Norwest Mtg Inc $221,291 Lawyers Title Company
Alonso Zeferino J -- American Title Ins Co
Alonso Zeferino J -- American Title Ins Co
Alonso Zeferino J -- American Title Ins Co
Archilla Erick N $210,000 Investors Title Company
Cyprus Kip C -- Southland Title
Cyprus Kip $105,000 Investors Title Company
Cyprus Kip -- Investors Title Company
American Svgs Bank Fa $72,250 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Manuel S $320,512
Previous Owner Voss Vladislav P $228,750
Previous Owner Ruiz Arnulfo $170,000
Previous Owner Darby Alleta $487,500
Previous Owner Turner Dorothy Semakula $416,000
Previous Owner Okoli Gloria A $283,500
Previous Owner Jacobs Theresa Amaka $176,250
Previous Owner Nwokekoro Mgbeonye $187,500
Previous Owner Californias Assn Of Minority Contractors $114,000
Previous Owner Archilla Erick N $203,324
Previous Owner Cyprus Kip C $106,500
Closed Jacobs Theresa Amaka $47,000
Closed Okoli Gloria A $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2014 09/22/14 Sold $360,000 0.0% $182 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $360,000 -- $182 / 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 $5,896 $439,908 $240,367 $199,541
2024 $5,896 $431,283 $235,654 $195,629
2023 $5,788 $422,828 $231,034 $191,794
2022 $5,536 $414,538 $226,504 $188,034
2021 $5,462 $406,411 $222,063 $184,348
2020 $5,509 $402,245 $219,787 $182,458
2019 $5,235 $387,859 $215,478 $172,381
2018 $5,148 $380,254 $211,253 $169,001
2016 $4,905 $365,490 $203,050 $162,440
2015 $5,191 $360,000 $200,000 $160,000
2014 $4,438 $318,762 $188,122 $130,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14146535

California Regional Multiple Listing Service (CRMLS)

APN: 6050-004-028