NOT LISTED FOR SALE

Estimated Value: $716,000 - $826,000

4 Beds
2 Baths
1,436 Sq Ft
$535/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $465,000 $324 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,576/month

20 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Bungalow
  • No HOA
  • Laundry Room
  • Ceiling Fan

About This Home

As of December 2017

Great opportunity to own rental property in Los Angeles. Motivated Seller. This TWO ON A LOT is conveniently located minutes from DTLA, USC, Dining and Museums. The front house is 3 bed, 1 bath. The rear house is a cozy 1 bed, 1 bath. The back house was completely remodeled two years ago and is occupied. Front house is vacant and has an upgraded kitchen with granite countertops. Bathroom is completely remodeled with new sink, toilet, tub, tile surround and tile floor. Solid oak floors thru out, raised panel doors and freshly painted interior. Both Homes have water saving toilets. Roofs are approx. 5 years old. Homes are individually metered for gas and electric. Subject property is located in Rent Controlled Jurisdiction. ALSO LISTED UNDER RESIDENTIAL INCOME. MLS# CV17225340

Last Agent to Sell the Property

KELLEE FLANDERS

PCE PREMIER PROPERTIES License #01947804 Listed on: 09/28/2017

Last Buyer's Agent

Joanna Moss

Equity Union License #01776015

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • 5,654 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Bungalow
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,436 Sq Ft Home
  • Ceiling Fan
  • Entryway
  • Living Room with Fireplace
  • Neighborhood Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 5103020028

Property Details

Home Type

Multi-Family

Year Built

Built in 1907 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5103020028
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1436.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 323.82
  • Room Type: All Bedrooms Down, Entry, Laundry

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5654.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 2294.20
  • Tax Lot: 9
  • Tax Tract Number: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Oct 25, 2017
Sold by
Esparza Daniel
Bought by
Leon Sandra G and Capra Fabio
Seller's Agent
KELLEE FLANDERS
PCE PREMIER PROPERTIES
Buyer's Agent
Joanna Moss
Equity Union
List Price
$449,900
Sold Price
$465,000
Premium/Discount to List
$15,100
3.36%
Current Estimated Value
$768,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,818
Avg. Annual Appreciation
6.43%
Original Mortgage
$348,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2006
Sold by
Sanchez Quirino Carlos
Bought by
Esparza Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2002
Sold by
Zenteno Leovigilda Ninfa
Bought by
Sanchez Quirino Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.5%

Purchase Details

Closed on
Aug 30, 2002
Sold by
Diaz Gabriel
Bought by
Sanchez Quirino Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.5%

Purchase Details

Closed on
Mar 26, 2002
Sold by
Diaz Monique
Bought by
Diaz Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
6.84%

Purchase Details

Closed on
Mar 8, 2002
Sold by
Beneficial California Inc
Bought by
Diaz Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
6.84%

Purchase Details

Closed on
Jan 25, 2002
Sold by
Lynk Phiri Shahidah K
Bought by
Beneficial California Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
6.84%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Lynk Bennie L
Bought by
Lynk Bennie L and Lynk Phiri Shahidah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.99%

Purchase Details

Closed on
Apr 27, 1996
Sold by
Ragsdale Naomi
Bought by
Ragsdale Naomi L and Naomi L Ragsdale Family Trust
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
Leon Sandra G $465,000 Ticor Title Company
Esparza Daniel $460,000 Alliance
Sanchez Quirino Carlos -- United Title
Sanchez Quirino Carlos $240,000 United Title Company
Diaz Gabriel -- Lawyers Title Company
Diaz Gabriel $138,000 Lawyers Title Company
Beneficial California Inc $157,145 Orange Coast Title
Lynk Bennie L -- Landsafe Title
Ragsdale Naomi L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon Sandra G $348,750
Previous Owner Esparza Daniel $92,000
Previous Owner Esparza Daniel $368,000
Previous Owner Sanchez Quirino Carlos $192,000
Previous Owner Diaz Gabriel $149,500
Previous Owner Lynk Bennie L $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2017 12/11/17 Sold $465,000 -1.0% $324 / Sq Ft
10/26/2017 10/26/17 Price Changed $469,900 +4.4% $327 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $449,900 -- $313 / 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 $6,666 $529,085 $386,859 $142,226
2024 $6,537 $518,712 $379,274 $139,438
2023 $6,414 $508,542 $371,838 $136,704
2022 $6,119 $498,572 $364,548 $134,024
2021 $6,042 $488,797 $357,400 $131,397
2020 $6,101 $483,786 $353,736 $130,050
2019 $5,864 $474,300 $346,800 $127,500
2018 $5,776 $465,000 $340,000 $125,000
2017 $4,554 $364,000 $154,300 $209,700
2016 $4,885 $394,000 $224,400 $169,600
2015 $3,956 $316,000 $180,000 $136,000
2014 $3,691 $286,000 $150,000 $136,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17230935

California Regional Multiple Listing Service (CRMLS)

APN: 5103-020-028