NOT LISTED FOR SALE

9501 Holmes Ave Unit 3 Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $848,000 - $991,000

7 Beds
3 Baths
1,976 Sq Ft
$452/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $560,000 $283 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,526/month

28 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Brick Fence
  • Wood Flooring
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of October 2019

3 SEPARATE UNITS FRONT 3 BED 1 BATH, REAR 2 UNITS 2 BEDROOMS 1 BATH EACH

Last Agent to Sell the Property

Martin Soto

Guadalajara Realty License #01029069 Listed on: 06/28/2019

Last Buyer's Agent

Juan Beltran

Big Block Powerhouse Realty License #01802418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,167

Year Built

  • Built in 1929

Lot Details

  • 9,013 Sq Ft Lot
  • No Common Walls
  • Brick Fence

Home Design

  • Triplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,976 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • Carport
  • Parking Available

Additional Features

  • Exterior Lighting
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 20
  • Tax Tract Number 242200

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $48,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,167

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Ad Number: 323-707-1840
  • Property Attached: No
  • View: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 283.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Brick
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9013.00
  • Lot Size Acres: 0.2069

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 48600.00
  • Lot Size Area: 9013.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 242200
  • Tax Lot: 20
  • Tax Tract Number: 242200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Oct 8, 2019
Sold by
Castro Julia Ines
Bought by
Castro Jose David
Seller's Agent
Martin Soto
Guadalajara Realty
Buyer's Agent
Juan Beltran
Big Block Powerhouse Realty
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Current Estimated Value
$893,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,892
Avg. Annual Appreciation
8.12%
Original Mortgage
$420,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2019
Sold by
Soto Alicia and The Alicia Soto Trust
Bought by
Castro Jose David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2018
Sold by
Soto Alicia
Bought by
Soto Alicia and The Alicia Soto Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Castro Jose David -- First American Title
Castro Jose David $560,000 First American Title
Soto Alicia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castro Jose David $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2019 10/28/19 Sold $560,000 0.0% $283 / Sq Ft
08/13/2019 08/13/19 Price Changed $560,000 +1.8% $283 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $550,000 -- $278 / 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 $10,167 $779,987 $424,483 $355,504
2024 $10,051 $764,694 $416,160 $348,534
2023 $9,864 $749,700 $408,000 $341,700
2022 $9,427 $735,000 $400,000 $335,000
2021 $7,489 $565,801 $353,626 $212,175
2020 $7,557 $560,000 $350,000 $210,000
2019 $1,546 $68,174 $21,496 $46,678
2018 $1,389 $66,838 $21,075 $45,763
2016 $1,305 $64,244 $20,257 $43,987
2015 $1,284 $63,280 $19,953 $43,327
2014 $1,300 $62,042 $19,563 $42,479
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Martin Soto

    Guadalajara Realty

    (323) 707-1840

    18 Total Sales

    Martin Soto
    Section Image
  • Juan Beltran

    Buyer's Agent in 2019

    Juan Beltran

    Big Block Powerhouse Realty

    (818) 512-1126

    2 in this area

    26 Total Sales

    Juan Beltran
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19156325

California Regional Multiple Listing Service (CRMLS)

APN: 6048-031-002

California Los Angeles County Los Angeles 90002 Watts

9501 Holmes Ave Unit 3, Los Angeles, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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