Seller's Agent in 2024
Christian Limon
Century 21 A Better Service
(562) 644-2780
1 in this area
69 Total Sales
1012 S Herbert Ave Los Angeles, CA 90023
Estimated Value: $633,000 - $2,482,000
16
Beds
12
Baths
5,458
Sq Ft
$345/Sq Ft
Est. Value
Highlights
- New Construction
- Dual Staircase
- Wood Flooring
- Open Floorplan
- Multi-Level Bedroom
- Quartz Countertops
About This Home
As of August 2024Immaculate NEW DEVELOPMENT in the City of Los Angeles- WHICH CONSISTS OF 2- 2 STORY DUPLEXES (TOTAL OF 4 UNITS). This beautiful Turn Key 4-Unit property sits in a prime location of Los Angeles. The Front 2 Units are as follows Unit A- 4 bedrooms/2.5 bath, Unit B- 4 Bedrooms/2.5 bath. The Rear Duplexes consist of 4 bedrooms/ 3 baths each unit. The property has a great and spacious floor plan layout with large bedrooms & custom closets in all the units. The kitchens have quartz countertops, stainless steel appliance, microwave, stove, dishwasher, refrigerator & custom-made cabinets. Beautifully painted with laminate flooring that weathers any storm! Each unit has their own central HVAC system with recess lighting throughout each unit. The laundry rooms have electric & gas hook-ups and tankless water heaters in each unit double panel windows throughout the units. Outdoors the property has decorative wood, block & iron fencing with front gate. Artificial Grass is installed which makes landscape maintenance a breeze. A perfect INCOME Property Opportunity for all Investors! This development is located in an extremely desirable location- The location couldn't be better, with Herbert Ave. is cross with Whittier Blvd. offering plenty of dining, shopping and entertainment options, a quick access to the 710, 5, 60 & 10 Freeway, property is a short distance to East L.A. Community Collage & Cal State University of Los Angeles. Don't wait, seize this incredible opportunity now and make these beautifully two-level units in East Los Angeles your own!
Last Agent to Sell the Property
Century 21 A Better Service Brokerage Phone: 562-244-8211 License #01182471 Listed on: 04/30/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024 | New Construction
Lot Details
- 6,577 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- New Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Open Parking Spaces
- 6 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Shingle Roof
- Composition Roof
Interior Spaces
- 5,458 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Dual Staircase
- Double Pane Windows
- Living Room
- Neighborhood Views
Kitchen
- Gas and Electric Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Quartz Countertops
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 16 Bedrooms
- Multi-Level Bedroom
- 12 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Sewer Paid
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 140
- Tax Tract Number 3552
- Assessor Parcel Number 5239017014
- $1,382 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2024
Sold by
Gi Property 63 Llc
Bought by
Tseng
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,250
Interest Rate
7.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2023
Sold by
Vasam Investments Inc
Bought by
Gi Property 63 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,580,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 21, 2019
Closed on
Apr 5, 2019
Sold by
Jefferson Jeffery and Estate Of Raymond A Lara
Bought by
Vasam Investments Inc
Seller's Agent
Alvin Mullins
Your Home Team Real Estate
Buyer's Agent
Alvin Mullins
Your Home Team Real Estate
List Price
$349,900
Sold Price
$405,000
Premium/Discount to List
$55,100
15.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.64%
Original Mortgage
$364,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tseng | $2,485,000 | Wfg National Title | |
| Gi Property 63 Llc | $900,000 | Provident Title Company | |
| Vasam Investments Inc | $405,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tseng | $1,615,250 | |
| Previous Owner | Gi Property 63 Llc | $1,580,000 | |
| Previous Owner | Vasam Investments Inc | $364,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/26/2024 08/26/24 | Sold | $2,485,000 | +1.5% | $455 / Sq Ft | |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- | |
| 04/30/2024 04/30/24 | For Sale | $2,449,000 | +504.7% | $449 / Sq Ft | |
| 04/23/2019 04/23/19 | Sold | $405,000 | +15.7% | $279 / Sq Ft | View Prior Sale |
| 04/02/2019 04/02/19 | Pending | -- | -- | -- | |
| 03/21/2019 03/21/19 | For Sale | $349,900 | -- | $241 / 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 | $10,424 | $2,485,000 | $600,000 | $1,885,000 |
| 2024 | $10,424 | $746,640 | $510,000 | $236,640 |
| 2023 | $6,540 | $434,239 | $303,432 | $130,807 |
| 2022 | $6,036 | $425,726 | $297,483 | $128,243 |
| 2021 | $5,968 | $417,379 | $291,650 | $125,729 |
| 2020 | $6,010 | $413,100 | $288,660 | $124,440 |
| 2019 | $2,661 | $133,799 | $63,711 | $70,088 |
| 2018 | $2,431 | $131,176 | $62,462 | $68,714 |
| 2016 | $2,329 | $126,085 | $60,038 | $66,047 |
| 2015 | $2,298 | $124,192 | $59,137 | $65,055 |
| 2014 | $2,304 | $121,760 | $57,979 | $63,781 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Limon
-
Helen Lai
H
Buyer's Agent in 2024
Helen Lai
West Shores Realty, Inc.
(310) 519-1080
1 in this area
4 Total Sales
-
Alvin Mullins
Seller's Agent in 2019
Alvin Mullins
Your Home Team Real Estate
(714) 309-6287
2 in this area
252 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24086561
APN: 5239-017-014
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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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