NOT LISTED FOR SALE

Estimated Value: $692,000 - $728,000

4 Beds
3 Baths
2,300 Sq Ft
$310/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $685,000 $298 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,586/month

17 Days on Market

Highlights

  • City Lights View
  • Bike Trail
  • Wrought Iron Fence
  • Laundry Room
  • Dog Park
  • Vinyl Flooring

About This Home

As of January 2024

Excellent TRIPLEX investment opportunity in a highly desirable rental area of Los Angeles, close to freeways, shopping and schools. USC, EXPO PARK, DTLA, CRYPTO Arena, LAX, BMO Stadium, LA Memorial Coliseum, LAFC, Microsoft Theater, and much more. With all that LA has to offer in close proximity you can’t miss this opportunity. Live in one unit and rent the other 2 or rent ALL 3 for max return. FRONT unit has 2 beds 1 bath. Other 2 units BOTH 1/1. ALL UNITS had a complete remodel in 2017 including kitchens, bathrooms, lighting, fixtures. Property features both street and alley access. Comes equipped with front unit carport and a back area covered patio with PLENTY of EXTENDED PARKING from front to back. The FRONT 2/1 sellers unit to be delivered vacant. The other 2 units CAN ALSO BE DELIVERED VACANT.

Last Listed By

Michael Pelayo

Real Consultants Mortgage Real License #02199038 Listed on: 11/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,305

Year Built

  • Built in 1904

Lot Details

  • 4,306 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Common Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 1
  • Tax Tract Number 689
  • Assessor Parcel Number 6004038001
  • $399 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $1,158
  • Insurance Expense $1,250
  • Trash Expense $282
  • Water Sewer Expense $498
  • Operating Expense $3,188
  • Gross Income $53,076
  • Net Operating Income $53,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,305

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Price Per Unit: 199666
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Gravel
  • View: Yes
  • Water Sewer Expenses: 498.00
  • Zoning: LAC2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6004038001
  • Year Built: 1904
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 297.83

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 282.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4306.00
  • Lot Size Acres: 0.0989

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 1158.00
  • Gross Income: 53076.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 4306.0000 Square Feet
  • Net Operating Income: 53076.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Number With Patio: 2
  • Operating Expense: 3960.00
  • Rent Control: Yes
  • Total Expenses: 3188.00
  • Vacancy Allowance: 1764

Tax Info

  • Tax Census Tract: 2371.02
  • Tax Lot: 1
  • Tax Tract Number: 689
  • TaxOtherAnnualAssessmentAmount: 399.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Dec 13, 2023
Sold by
Estrada-Ortiz 2022 Children Trust
Bought by
Rosales Maria P and Cardenas Francisco S
Seller's Agent
Michael Pelayo
Real Consultants Mortgage Real
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$598,998
Sold Price
$685,000
Premium/Discount to List
$86,002
14.36%
Total Days on Market
17
Views
57
Current Estimated Value
$713,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,955
Avg. Annual Appreciation
3.31%
Original Mortgage
$672,592
Outstanding Balance
$664,906
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$49,049

Purchase Details

Closed on
Jan 29, 2019
Sold by
Zacarias Idett L Estrada
Bought by
Estrada Denicia Victor M Moreno and Estrada Zacarias Idett L

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 21, 2017
Sold by
Denicia Victor Manuel Moreno
Bought by
Estrada Zacarias Idett L
Seller's Agent
Martin Gonzalez
Realty Executives All Cities
Buyer's Agent
Maria Solares
Christopher Oliver, Broker
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$215,000
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 19, 2017
Sold by
Om Sai Ganesh Llc
Bought by
Estrada Zacarias Idett L
Seller's Agent
Martin Gonzalez
Realty Executives All Cities
Buyer's Agent
Maria Solares
Christopher Oliver, Broker
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 23, 2016
Closed on
Mar 30, 2016
Sold by
Lopez Juan G and Lopez Sofia A
Bought by
Om Sai Ganesh Llc
Seller's Agent
Astrid Calzadilla
RE/MAX Dynasty
Buyer's Agent
Martin Gonzalez
Realty Executives All Cities
List Price
$305,000
Sold Price
$308,000
Premium/Discount to List
$3,000
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.56%

Range of Values:

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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
Rosales Maria P $685,000 Provident Title Company
Estrada Denicia Victor M Moreno -- None Available
Estrada Zacarias Idett L -- Old Republic Title Company
Estrada Zacarias Idett L $500,000 Old Republic Title Company
Om Sai Ganesh Llc $308,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosales Maria P $672,592
Previous Owner Zacarias Idett L Estrada $233,000
Previous Owner Estrada Zacarias Idett L $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $685,000 +14.4% $298 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $598,998 +19.8% $260 / Sq Ft
05/09/2017 05/09/17 Sold $500,000 +0.2% $217 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $499,000 +62.0% $217 / Sq Ft
05/05/2016 05/05/16 Sold $308,000 +1.0% $193 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $305,000 -- $191 / 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
2024 $7,305 $582,802 $408,217 $174,585
2023 $7,253 $571,375 $400,213 $171,162
2022 $6,773 $546,820 $382,774 $164,046
2021 $6,685 $536,099 $375,269 $160,830
2020 $6,750 $530,603 $371,422 $159,181
2019 $6,491 $520,200 $364,140 $156,060
2018 $6,403 $510,000 $357,000 $153,000
2016 $2,234 $170,931 $78,940 $91,991
2015 $2,203 $168,365 $77,755 $90,610
2014 $2,231 $165,068 $76,232 $88,836
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23203673

California Regional Multiple Listing Service (CRMLS)

APN: 6004-038-001