Seller's Agent in 2017
Juan Cardenas
RE/MAX
(562) 587-5494
28 Total Sales
Estimated Value: $1,721,000
20
Beds
19
Baths
11,954
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- 15,464 Sq Ft lot
- Built-In Features
- 1-Story Property
About This Home
As of August 2017Property consists of two separate APNs: 5018-027-015 and 016. Complete address is 526-534 W 47th Street. Property consists of 19 units contained in four 1-story buildings built in 1927. The units are master metered for Gas, Electricity and Water. Property is under rent control. There is tremendous upside in rents that can be captured as the units turnover. Property is currently 100% occupied. Please do not contact tenants or manager. Contact listing agent for more details.
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01233927 Listed on: 05/10/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,952
Year Built
- Built in 1927
Lot Details
- 0.36
Parking
- On-Street Parking
Interior Spaces
- 11,954 Sq Ft Home
- 1-Story Property
- Built-In Features
Bedrooms and Bathrooms
- 20 Bedrooms
- 19 Bathrooms
Additional Features
- 0.36 Acre Lot
- Heating System Mounted To A Wall or Window
Community Details
- 4 Buildings
- 19 Units
Listing and Financial Details
- Assessor Parcel Number 5018-027-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2017
Closed on
Aug 2, 2017
Sold by
Ness Eliza
Bought by
Aftalion Albert
Seller's Agent
Juan Cardenas
Remax Commercial and Investment Realty
Buyer's Agent
Albert Aftalion
Keller Williams Encino/Sherman Oaks
List Price
$2,850,000
Sold Price
$2,500,000
Premium/Discount to List
-$350,000
-12.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$779,000
Avg. Annual Appreciation
-4.47%
Purchase Details
Listed on
May 10, 2017
Closed on
Jul 6, 2017
Sold by
La Properties Llc
Bought by
Aftalion Albert
Seller's Agent
Juan Cardenas
Remax Commercial and Investment Realty
Buyer's Agent
Albert Aftalion
Keller Williams Encino/Sherman Oaks
List Price
$2,850,000
Sold Price
$2,500,000
Premium/Discount to List
-$350,000
-12.28%
Purchase Details
Closed on
Mar 2, 2016
Sold by
Califlorida Investors Llc
Bought by
La Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Interest Rate
3.72%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 25, 2016
Sold by
Across From The Village Llc
Bought by
Callflorida Investors Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Interest Rate
3.72%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 7, 2015
Sold by
Redevelopment Investors V
Bought by
Across From The Village Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,252,500
Interest Rate
4.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 15, 1997
Sold by
Redevelopment Investors 5 Ltd
Bought by
Redevelopment Investors V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.22%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aftalion Albert | -- | Chicago Title Company | |
| Aftalion Albert | $2,500,000 | Chicago Title Company | |
| La Properties Llc | $1,995,000 | North American Title Co Inc | |
| Callflorida Investors Llc | -- | North American Title Co Inc | |
| Across From The Village Llc | $1,650,000 | Stewart Title | |
| Redevelopment Investors V | -- | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | La Properties Llc | $1,410,000 | |
| Previous Owner | Callflorida Investors Llc | $1,410,000 | |
| Previous Owner | Across From The Village Llc | $1,252,500 | |
| Previous Owner | Redevelopment Investors V | $1,400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2017 08/11/17 | Sold | $2,500,000 | -5.7% | $209 / Sq Ft |
| 06/02/2017 06/02/17 | Price Changed | $2,650,000 | -7.0% | $222 / Sq Ft |
| 05/10/2017 05/10/17 | For Sale | $2,850,000 | -- | $238 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $17,952 | $1,422,281 | $995,598 | $426,683 |
| 2024 | $17,952 | $1,394,394 | $976,077 | $418,317 |
| 2023 | $17,624 | $1,367,054 | $956,939 | $410,115 |
| 2022 | $16,891 | $1,340,250 | $938,176 | $402,074 |
| 2021 | $16,615 | $1,313,972 | $919,781 | $394,191 |
| 2019 | $16,139 | $1,278,600 | $892,500 | $386,100 |
| 2018 | $15,990 | $1,253,600 | $875,000 | $378,600 |
| 2016 | $10,439 | $800,000 | $640,000 | $160,000 |
| 2015 | $2,509 | $134,572 | $21,396 | $113,176 |
| 2014 | $2,582 | $131,937 | $20,977 | $110,960 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Cardenas
-
Albert Aftalion
A
Buyer's Agent in 2017
Albert Aftalion
Keller Williams Encino/Sherman Oaks
(310) 482-2500
2 Total Sales
Source: The MLS
MLS Number: 17-229916
APN: 5018-027-015
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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