NOT LISTED FOR SALE

3811 E 6th St Los Angeles, CA 90023

Estimated Value: $733,501 - $838,000

6 Beds
4 Baths
1,518 Sq Ft
$508/Sq Ft Est. Value

Sale Details

Date Sold: April 26, 2018

Last sale price $500,000 $329 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,851 / mo

9 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Level Lot

About This Home

As of April 2018

4 separate units in a good area of East Los Angeles, near Shopping centers, very Close to 60 and 710 Freeways. Zoned Duplex, the front house needs paint and minor repairs and it is ready to go! Back house has renters who want to Pay & Stay. Two small units (Garage conversion and add-on) are nice on the inside and are ready to rent.

Last Agent to Sell the Property

Brett Dunne

DAYBREAK GROUP License #01458890 Listed on: 04/08/2018

DAYBREAK GROUP

Co-Listed By

MANUEL MAZARIEGOS

KW COLLEGE PARK License #01915652

Last Buyer's Agent

Gil Legaspi

Realty Executives Com. & Res. License #01265976

Realty Executives Com. & Res.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 5,542 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Lawn

Home Design

  • Duplex

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 8
  • Assessor Parcel Number 5238010009

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,950
  • Fuel Expense $1,000
  • Insurance Expense $1,792
  • Trash Expense $1,750
  • Water Sewer Expense $1,500
  • New Taxes Expense $8,992
  • Operating Expense $17,985
  • Gross Income $60,600
  • Net Operating Income $53,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

5,542 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: LCR4YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5238010009
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 329.38

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 1750.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street
  • Lot Size Sq Ft: 5542.00

Multi Family

  • Electric Expense: 2950.00
  • Fuel Expense: 1000.00
  • Gross Income: 60600.00
  • Gross Scheduled Income: 60600.00
  • Insurance Expense: 1792.00
  • Net Operating Income: 53800.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17985.00
  • Rent Control: No
  • Total Expenses: 17985.00

Tax Info

  • New Taxes Expense: 8992.00
  • Tax Census Tract: 5312.01
  • Tax Lot: 4
  • Tax Tract Number: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2018
Closed on
May 2, 2018
Sold by
Gutierrez Jess Peter and Gutierrez Shirley Quan
Bought by
Ps & R On 6Th St Llc
Seller's Agent
Brett Dunne
DAYBREAK GROUP
Buyer's Agent
Gil Legaspi
Realty Executives Com. & Res.
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$771,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,341
Avg. Annual Appreciation
5.58%

Purchase Details

Listed on
Apr 8, 2018
Closed on
Apr 20, 2018
Sold by
Valadez Susana
Bought by
Valadez Javier P
Seller's Agent
Brett Dunne
DAYBREAK GROUP
Buyer's Agent
Gil Legaspi
Realty Executives Com. & Res.
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Purchase Details

Listed on
Apr 8, 2018
Closed on
Apr 18, 2018
Sold by
Valadez Javier P
Bought by
Gutierrez Jess Peter and Gutierrez Shirley Quan
Seller's Agent
Brett Dunne
DAYBREAK GROUP
Buyer's Agent
Gil Legaspi
Realty Executives Com. & Res.
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Purchase Details

Closed on
Nov 1, 2017
Sold by
Valadez Magdalena
Bought by
Valadez Javier P

Purchase Details

Closed on
Mar 29, 2002
Sold by
Valadez Consuelo E and Valadez Jose Adan
Bought by
Valadez Javier E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,300
Interest Rate
6.78%
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
Ps & R On 6Th St Llc -- None Available
Valadez Javier P -- First American Title Company
Gutierrez Jess Peter $500,000 First American Title Company
Valadez Javier P -- None Available
Valadez Javier E -- Southland Title
Valadez Javier E -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valadez Javier E $174,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $500,000 -9.1% $329 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/08/2018 04/08/18 For Sale $550,000 -- $362 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,790 $662,546 $443,752 $218,794
2024 $8,790 $557,755 $435,051 $122,704
2023 $8,315 $546,820 $426,521 $120,299
2022 $7,965 $536,099 $418,158 $117,941
2021 $7,877 $525,588 $409,959 $115,629
2020 $7,821 $520,200 $405,756 $114,444
2019 $7,554 $510,000 $397,800 $112,200
2018 $3,496 $214,167 $123,951 $90,216
2017 $3,433 $209,969 $121,521 $88,448
2016 $3,351 $205,853 $119,139 $86,714
2015 $3,305 $202,762 $117,350 $85,412
2014 $3,311 $198,791 $115,052 $83,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18079934

California Regional Multiple Listing Service (CRMLS)

APN: 5238-010-009

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