NOT LISTED FOR SALE

1002 Figueroa Terrace Los Angeles, CA 90012

Chinatown Neighborhood

Estimated Value: $814,000 - $986,000

3 Beds
3 Baths
1,680 Sq Ft
$526/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $450,000 $268 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,348/month

3 Days on Market

Highlights

  • City Lights View
  • No HOA
  • 1-Story Property
  • Wood Flooring
  • Floor Furnace

About This Home

As of April 2014

MULTIUNITS. VERY CLEAN, WELL MAINTAINED IN THE CHINATOWN AREA OF LOS ANGELES. GREAT VIEW OF DOWNTOWN L A.

Last Agent to Sell the Property

Jesus Jimenez

MLA Investments License #01891175 Listed on: 11/16/2013

Last Buyer's Agent

Olivia Mora

MLA Investments License #01360878

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,854

Year Built

  • Built in 1907

Lot Details

  • 4,487 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Off-Site Parking

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 114
  • Tax Tract Number 114
  • Assessor Parcel Number 5406026029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Water Sewer Expense $2,640
  • New Taxes Expense $4,579
  • Gross Income $1,760
  • Net Operating Income $12,801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,854

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Other Phone Description: 310-780-3304
  • Other Phone Number: 866-384-0493
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2640.00
  • Property Type: Residential Income
  • Parcel Number: 5406026029
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 267.86

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Site

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4487.00
  • Lot Size Acres: 0.1030

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 1760.00
  • Gross Scheduled Income: 21120.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 4487.0000 Square Feet
  • Net Operating Income: 12801.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 8319.00
  • Rent Control: Yes
  • Total Actual Rent: 1760.00

Tax Info

  • New Taxes Expense: 4579.00
  • Tax Lot: 114
  • Tax Tract Number: 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2016
Sold by
Dominguez Michael Robert
Bought by
Dominguez Michael Robert and Escobedo Kathy
Current Estimated Value
$883,606

Purchase Details

Listed on
Nov 16, 2013
Closed on
Mar 15, 2014
Sold by
Escobedo Pedro
Bought by
Dominguez Michael Robert
Seller's Agent
Jesus Jimenez
MLA Investments
Buyer's Agent
Olivia Mora
MLA Investments
List Price
$375,000
Sold Price
$450,000
Premium/Discount to List
$75,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$441,849
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2007
Sold by
Escobedo Pedro and Escobedo Maria
Bought by
Escobedo Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2002
Sold by
Vranjes John M and Vranjes Sue
Bought by
Escobedo Pedro and Escobedo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,800
Interest Rate
8.5%
Source: Public Records

Range of Values:

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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
Dominguez Michael Robert -- None Available
Dominguez Michael Robert $450,000 Fidelity National Title
Escobedo Pedro -- Chicago Title Co
Escobedo Pedro $136,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Michael Robert $440,000
Closed Dominguez Michael Robert $441,849
Previous Owner Escobedo Pedro $504,000
Previous Owner Escobedo Pedro $180,000
Previous Owner Escobedo Pedro $210,000
Previous Owner Escobedo Pedro $130,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $450,000 +20.0% $268 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
11/16/2013 11/16/13 For Sale $375,000 -- $223 / 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 $6,854 $551,628 $429,047 $122,581
2024 $6,854 $540,813 $420,635 $120,178
2023 $6,725 $530,210 $412,388 $117,822
2022 $6,418 $519,814 $404,302 $115,512
2021 $6,336 $509,623 $396,375 $113,248
2020 $6,397 $504,398 $392,311 $112,087
2019 $6,151 $494,509 $384,619 $109,890
2018 $6,064 $484,814 $377,078 $107,736
2016 $5,792 $465,990 $362,437 $103,553
2015 $5,709 $458,991 $356,993 $101,998
2014 $4,579 $354,434 $200,846 $153,588
Source: Public Records

Agents Affiliated with this Home

  • Jesus Jimenez

    Seller's Agent in 2014

    Jesus Jimenez

    MLA Investments

    (310) 780-3304

    6 Total Sales

    Jesus Jimenez
    Section Image

  • O

    Buyer's Agent in 2014

    Olivia Mora

    MLA Investments

    (213) 304-4011

    7 Total Sales

    Olivia Mora
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13232751

California Regional Multiple Listing Service (CRMLS)

APN: 5406-026-029

California Los Angeles County Los Angeles 90012 Chinatown

1002 Figueroa Terrace, Los Angeles, CA

This home is located at 1002 Figueroa Terrace, Los Angeles, CA 90012 since 16 November 2013 and is currently estimated at $883,606, approximately $525 per square foot. This property was built in 1907. 1002 Figueroa Terrace is a home located in Los Angeles County with nearby schools including Castelar Elementary School, Florence Nightingale Middle, and Ramón C. Cortines School of Visual and Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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