NOT LISTED FOR SALE

Los Angeles, CA 90056

Ladera Heights Neighborhood

Estimated Value: $1,834,000 - $2,487,000

7 Beds
7 Baths
4,610 Sq Ft
$455/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $1,630,000 $354 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $12,757/month

16 Days on Market

About This Home

As of July 2020

Location! Location! Location! Ladera Heights Triplex w/a pool. Needs some TLC. All units are tenant occupied. Front house is a 3br/2ba with a small patio. The upstairs unit is 2br/2ba townhouse style w/a balcony and an attached garage. The downstairs unit has a small patio next to the pool. All laundry hook ups are located in the garages. There's also a separate bathroom w/a shower for use with the pool. Tenants are aware of the sale. Driveby and offer subject to inspection w/POF . Agents please read remarks.

Last Agent to Sell the Property

Triana Warren

Bankers Realty Exclusive, Inc. License #01245682 Listed on: 05/03/2020

Last Buyer's Agent

JOSE SANCHEZ

License #01773799

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,255

Parking

  • 6 Car Garage

Interior Spaces

  • 4,610 Sq Ft Home
  • 2-Story Property
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Additional Features

  • 8,255 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4201-021-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 4610
  • Stories: 2
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 7.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 368.76

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Garage
  • Total Parking: 6

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 540600
  • Assessed Land Value: 810900
  • Assessor Parcel Number: 4201-021-005
  • Geocode Override: No
  • Lot Size Area: 8255

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 0.90
  • Number Of Units: 3
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Mulugeta and Tigist
Bought by
Blackey Llc
Current Estimated Value
$2,099,358

Purchase Details

Listed on
May 3, 2020
Closed on
Jun 23, 2020
Sold by
Bell Llc
Bought by
Mulugeta Ephrem and Costa Tigist
Seller's Agent
Triana Warren
Bankers Realty Exclusive, Inc.
Buyer's Agent
JOSE SANCHEZ
List Price
$1,700,000
Sold Price
$1,630,000
Premium/Discount to List
-$70,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%

Purchase Details

Closed on
Dec 27, 2017
Sold by
Timothy V Bell M D Inc
Bought by
Bell Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2004
Sold by
Jollivette Bettye
Bought by
Jones Isabelle O and Isabelle O Jones Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,500
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2002
Sold by
Jones Isabelle O
Bought by
Jollivette Bettye J and Jones Isabelle O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1998
Sold by
Jollivette Bettye J
Bought by
Jollivette Bettye J and Bettye J Jollivette Living Trust

Purchase Details

Closed on
Mar 25, 1998
Sold by
Jones Isabelle O
Bought by
Jones Isabelle O and Isabelle O Jones Living Trust

Purchase Details

Closed on
Jun 6, 1997
Sold by
Burton Charles I
Bought by
Jollivette Bettye and Jones Isabelle O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.57%

Purchase Details

Closed on
May 22, 1996
Sold by
Burton Charles I
Bought by
Burton Charles I and Burton Arlene W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blackey Llc -- None Listed On Document
Mulugeta Ephrem $1,630,000 North American Title
Bell Llc -- North American Title
Jones Isabelle O -- Fidelity National Title Comp
Jollivette Bettye -- Fidelity National Title Comp
Jollivette Bettye J -- Fidelity National Title Co
Jollivette Bettye J -- --
Jones Isabelle O -- --
Jollivette Bettye $545,000 Investors Title
Burton Charles I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Llc $1,050,000
Previous Owner Jollivette Bettye $503,500
Previous Owner Jollivette Bettye J $468,000
Previous Owner Jollivette Bettye $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2020 07/02/20 Sold $1,630,000 -4.1% $354 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $1,700,000 +4.3% $369 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/03/2020 05/03/20 Off Market $1,630,000 -- --
02/15/2017 02/15/17 Rented $3,100 0.0% --
02/07/2017 02/07/17 Price Changed $3,100 -3.1% $1 / Sq Ft
02/05/2017 02/05/17 For Rent $3,200 0.0% --
02/04/2017 02/04/17 Off Market $3,200 -- --
01/17/2017 01/17/17 Price Changed $3,200 -3.0% $2 / Sq Ft
01/08/2017 01/08/17 Price Changed $3,300 -5.7% $2 / Sq Ft
12/05/2016 12/05/16 For Rent $3,500 0.0% --
02/08/2016 02/08/16 Sold $1,325,000 -11.7% $287 / Sq Ft View Prior Sale
12/10/2015 12/10/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $1,499,999 -- $325 / Sq Ft
Source: The MLS

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 $21,085 $1,764,362 $1,114,904 $649,458
2024 $21,085 $1,729,768 $1,093,044 $636,724
2023 $20,637 $1,695,852 $1,071,612 $624,240
2022 $21,122 $1,662,600 $1,050,600 $612,000
2021 $20,950 $1,630,000 $1,030,000 $600,000
2020 $19,551 $1,578,286 $954,046 $624,240
2019 $19,246 $1,547,340 $935,340 $612,000
2018 $17,620 $1,378,530 $827,118 $551,412
2017 $17,094 $1,351,500 $810,900 $540,600
2016 $13,363 $1,040,152 $709,946 $330,206
2015 $9,812 $724,073 $398,574 $325,499
2014 $9,822 $709,890 $390,767 $319,123
Source: Public Records

Agents Affiliated with this Home

  • Triana Warren

    Seller's Agent in 2020

    Triana Warren

    Bankers Realty Exclusive, Inc.

    (424) 241-3499

    1 in this area

    9 Total Sales

    Triana Warren
    Section Image

  • J

    Buyer's Agent in 2020

    JOSE SANCHEZ

  • M

    Buyer's Agent in 2020

    Mesfin Beyene

  • O

    Buyer's Agent in 2017

    Out of Area Out of Area

    Out of Area

  • Vanessa Jollivette

    Seller's Agent in 2016

    Vanessa Jollivette

    B Jollivette & Associates Inc

    (310) 284-6880

    2 Total Sales

    Vanessa Jollivette
    Section Image
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Source: The MLS

MLS Number: 20-569002

The MLS

APN: 4201-021-005

California Los Angeles County Los Angeles 90056

Ladera Heights

Not Listed for Sale

MultiFamily

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