NOT LISTED FOR SALE

1010 Simmons Ave Los Angeles, CA 90022

Estimated Value: $844,000 - $1,047,243

5 Beds
3 Baths
2,690 Sq Ft
$337/Sq Ft Est. Value

Last Sold March 12, 2019

Last sale price $688,000 $256 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,820/month

22 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Paved or Partially Paved Lot

About This Home

As of March 2019

Like No Other!! - Another Great Opportunity knocks in the heart of East Los Angeles - 7 Minutes Away from Downtown LA
separate electric and gas meters. Back unit is over 3-car garage built in 2006.
Just blocks from a large shopping center Target, Ross, Starbucks Regency Theatres (14), and many more shopping centers and food options. Citadel Outlets, Commerce Casino, and Montebello/Commerce Metro Station are also nearby. There is a driveway and a garage for each unit. parking access Too

Last Agent to Sell the Property

Gonzalo Gomez

EXCELLENCE RE REAL ESTATE License #01893244 Listed on: 01/18/2019

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,597

Year Built

  • Built in 1931

Lot Details

  • 5,756 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage

Home Design

  • 2,690 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Location

  • Property is near a park
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 66
  • Tax Tract Number 8366
  • Assessor Parcel Number 6339005003

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,597

Year Built

Built in 1931

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 3233134208
  • Other Phone Number: 3233134208
  • Property Attached: No
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6339005003
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 255.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Paved
  • Lot Size Sq Ft: 5756.00
  • Lot Size Acres: 0.1321

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Gross Scheduled Income: 40740.00
  • Lot Size Area: 5756.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1950.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5319.01
  • Tax Lot: 66
  • Tax Tract Number: 8366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 26, 2019
Sold by
Alatorre Jesus
Bought by
Sepulveda Ramon P and Avala Gloria E
Seller's Agent
Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
List Price
$705,000
Sold Price
$688,000
Premium/Discount to List
-$17,000
-2.41%
Current Estimated Value
$906,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,061
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Oct 15, 2007
Sold by
Hartman Jay Lee and Hartman Lynda J
Bought by
Hartman Jay Lee and Hartman Lynda J

Purchase Details

Closed on
Sep 9, 2005
Sold by
Hartman Jay Lee and Hartman Lynda J
Bought by
Hartman Jay Lee and Hartman Lynda J

Purchase Details

Closed on
Feb 3, 2003
Sold by
Prudential Consultants Inc
Bought by
Hartman Jay Lee and Hartman Lynda J

Purchase Details

Closed on
Aug 21, 2002
Sold by
Romero Hilario and Romero Rosemarie
Bought by
Prudential Consultants Inc

Purchase Details

Closed on
Sep 17, 2000
Sold by
Romero Hilario
Bought by
Torres Carlos and Magallanes Alexandra

Purchase Details

Closed on
Sep 14, 1999
Sold by
Romero Rosemarie
Bought by
Romero Hilario

Purchase Details

Closed on
Apr 13, 1998
Sold by
Romero Rosemarie
Bought by
Romero Hilario

Purchase Details

Closed on
Dec 20, 1996
Sold by
Carlos S De Leon Vicente and Carlos S De Leon Maria
Bought by
Romero Hilario and Romero Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,361
Interest Rate
7.53%
Mortgage Type
FHA
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
Sepulveda Ramon P $688,000 Wfg National Title Co
Hartman Jay Lee -- Chicago Pirt Division Lsi Ti
Hartman Jay Lee -- --
Hartman Jay Lee $248,000 Lawyers
Prudential Consultants Inc $236,400 Lawyers Title
Torres Carlos -- --
Romero Hilario -- South Coast Title
Romero Hilario -- --
Romero Hilario $224,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Hilario $216,361
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2019 03/12/19 Sold $688,000 -2.4% $256 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $705,000 -- $262 / 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 $10,597 $767,471 $537,678 $229,793
2024 $10,597 $752,424 $527,136 $225,288
2023 $10,357 $737,671 $516,800 $220,871
2022 $10,022 $723,208 $506,667 $216,541
2021 $9,696 $709,029 $496,733 $212,296
2020 $9,630 $701,760 $491,640 $210,120
2019 $7,297 $505,620 $274,743 $230,877
2018 $7,389 $495,706 $269,356 $226,350
2016 $7,084 $476,459 $258,898 $217,561
2015 $6,707 $469,304 $255,010 $214,294
2014 $6,585 $460,112 $250,015 $210,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19014255

California Regional Multiple Listing Service (CRMLS)

APN: 6339-005-003