NOT LISTED FOR SALE

983 E 34th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $826,017 - $946,000

6 Beds
4 Baths
2,024 Sq Ft
$442/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $515,000 $254 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,298/month

10 Days on Market

About This Home

As of September 2016

Located within two miles of USC, this duplex offers 3 beds/2 bath on each unit. This property is great for a first time home buyer or a perfect investment opportunity as there is NO RENT Control. It is close to the 10 & 110 freeways allowing access to any part of Los Angeles. Each unit has the same layout constructed
in the year 2000 with an open living space. The back yard is large enough to host BBQ events and can park 3 cars for each unit, enough space for a total of 6 cars! Do not miss this incredible opportunity.

Last Agent to Sell the Property

Eduardo Ramirez Ortiz

No Firm Affiliation License #01914206 Listed on: 07/22/2016

No Firm Affiliation

Last Buyer's Agent

Eduardo Ramirez Ortiz

No Firm Affiliation License #01914206 Listed on: 07/22/2016

No Firm Affiliation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 5,995 Sq Ft Lot
  • Property fronts a highway
  • 1 Common Wall
  • Rural Setting

Home Design

  • 2,024 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 5114018003

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Ad Number: (323)4799878
  • Property Attached: Yes
  • Road Frontage Type: Highway
  • Property Type: Residential Income
  • Parcel Number: 5114018003
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 254.45

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5995.00
  • Price Per Lot Square Foot: 82.90

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 10, 2016
Sold by
Klamirian Linda G
Bought by
Klamirian Sam
Seller's Agent
Eduardo Ramirez Ortiz
No Firm Affiliation
Buyer's Agent
Eduardo Ramirez Ortiz
No Firm Affiliation
List Price
$497,000
Sold Price
$515,000
Premium/Discount to List
$18,000
3.62%
Current Estimated Value
$895,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,254
Avg. Annual Appreciation
6.11%
Original Mortgage
$386,250
Outstanding Balance
$307,684
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$587,570

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 8, 2016
Sold by
Lopez Omar
Bought by
Klamirian Sam
Seller's Agent
Eduardo Ramirez Ortiz
No Firm Affiliation
Buyer's Agent
Eduardo Ramirez Ortiz
No Firm Affiliation
List Price
$497,000
Sold Price
$515,000
Premium/Discount to List
$18,000
3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$307,684
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$587,570

Purchase Details

Closed on
Dec 5, 2009
Sold by
Lopez Omar
Bought by
Lopez Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2009
Sold by
Lopez Blanca
Bought by
Lopez Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2003
Sold by
Lopez Omar and Lopez Blanca
Bought by
Lopez Omar

Purchase Details

Closed on
May 9, 2003
Sold by
The City Of Los Angeles
Bought by
Lopez Omar

Purchase Details

Closed on
May 15, 2000
Sold by
Echeverria Ernesto
Bought by
Lopez Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
7.85%

Purchase Details

Closed on
Mar 1, 2000
Sold by
Carr John A
Bought by
Echeverria Ernesto
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
Klamirian Sam -- Western Resources Title Co
Klamirian Sam $515,000 Western Resources Title Co
Lopez Omar -- Usa National Title Co
Lopez Omar -- Usa National Title Co
Lopez Omar -- American Coast Title Company
Lopez Omar -- --
Lopez Omar $226,000 Southland Title Corporation
Echeverria Ernesto $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klamirian Sam $386,250
Previous Owner Lopez Omar $178,500
Previous Owner Lopez Omar $214,700
Closed Echeverria Ernesto $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $515,000 +3.6% $254 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $497,000 -- $246 / 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 $7,409 $597,697 $278,537 $319,160
2024 $7,409 $585,978 $273,076 $312,902
2023 $7,269 $574,489 $267,722 $306,767
2022 $6,937 $563,225 $262,473 $300,752
2021 $6,846 $552,182 $257,327 $294,855
2019 $6,645 $535,806 $249,696 $286,110
2018 $6,534 $525,300 $244,800 $280,500
2016 $3,742 $295,689 $99,530 $196,159
2015 $3,689 $291,248 $98,035 $193,213
2014 $3,713 $285,544 $96,115 $189,429
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Eduardo Ramirez Ortiz

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16160455

California Regional Multiple Listing Service (CRMLS)

APN: 5114-018-003

California Los Angeles County Los Angeles 90011 Historic South Central

983 E 34th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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