NOT LISTED FOR SALE

1013 S Mcbride Ave Los Angeles, CA 90022

Estimated Value: $719,000 - $888,000

3 Beds
3 Baths
1,543 Sq Ft
$529/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $526,000 $341 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,118/month

23 Days on Market

Highlights

  • All Bedrooms Downstairs
  • James A. Garfield Senior High School Rated A
  • Gazebo

About This Home

As of July 2019

This is your opportunity to own 3 units in EAST LA. Perfect for the first time homebuyer or investor. Property is near freeways, shopping centers and schools not to mention KING TACO! Units are nestled on a nice sized lot of 5,647 sq ft. Great location being Minutes away from DTLA, near Citadel Outlet, Cal State LA and East Los Angeles College. Great Rental community. These units won't last long on the market.

Last Agent to Sell the Property

Rocio Acuna

SKA Real Estate License #01955809 Listed on: 05/15/2019

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,462

Year Built

  • Built in 1937

Lot Details

  • 5,647 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,543 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Outdoor Features

  • Gazebo

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 4768
  • Assessor Parcel Number 5246007003

Community Details

Overview

  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $480
  • Water Sewer Expense $2,160
  • New Taxes Expense $6,000
  • Operating Expense $9,840
  • Gross Income $42,000
  • Net Operating Income $35,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,462

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2160.00
  • Zoning: LCR4*
  • Property Type: Residential Income
  • Parcel Number: 5246007003
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 340.89
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Gazebo
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5647.00
  • Lot Size Acres: 0.1296

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5647.0000 Square Feet
  • Net Operating Income: 35600.00
  • 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: 6400.00
  • Rent Control: No
  • Total Actual Rent: 2300.00
  • Total Expenses: 9840.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 14
  • Tax Tract Number: 4768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 10, 2019
Sold by
Flores Alejandro
Bought by
Martinez Mark A and Martinez Elizabeth
Seller's Agent
Rocio Acuna
SKA Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$540,000
Sold Price
$526,000
Premium/Discount to List
-$14,000
-2.59%
Current Estimated Value
$816,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,172
Avg. Annual Appreciation
7.53%
Original Mortgage
$394,500
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martinez Mark A $526,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Mark A $390,000
Closed Martinez Mark A $392,000
Closed Martinez Mark A $394,500
Previous Owner Flores Alejandro $100,000
Previous Owner Flores Alejandro $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $526,000 -2.6% $341 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $540,000 -- $350 / 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 $8,462 $575,253 $345,590 $229,663
2024 $8,462 $563,974 $338,814 $225,160
2023 $8,072 $552,917 $332,171 $220,746
2022 $7,719 $542,076 $325,658 $216,418
2021 $7,634 $531,448 $319,273 $212,175
2020 $7,687 $526,360 $316,000 $210,360
2019 $3,660 $191,250 $92,286 $98,964
2018 $3,554 $187,508 $90,477 $97,031
2016 $3,417 $179,882 $86,964 $92,918
2015 $3,373 $177,181 $85,658 $91,523
2014 $3,383 $173,712 $83,981 $89,731
Source: Public Records

Agents Affiliated with this Home

  • Rocio Acuna

    Seller's Agent in 2019

    Rocio Acuna

    SKA Real Estate

    (323) 787-2678

    12 Total Sales

    Rocio Acuna
    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    4 in this area

    5,874 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19122401

California Regional Multiple Listing Service (CRMLS)

APN: 5246-007-003

California Los Angeles County Los Angeles 90022

1013 S Mcbride Ave, Los Angeles, CA

This home is located at 1013 S Mcbride Ave, Los Angeles, CA 90022 since 15 May 2019 and is currently estimated at $816,172, approximately $528 per square foot. This property was built in 1937. 1013 S Mcbride Ave is a home located in Los Angeles County with nearby schools including Ford Boulevard Elementary School, David Wark Griffith Middle School, and James A. Garfield Senior High School.

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

Nearby Homes