NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,139,000

7 Beds
6 Baths
3,893 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $740,000 $190 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,684/month

43 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Main Floor Bedroom
  • Two Primary Bedrooms
  • Dual Staircase
  • Modern Architecture

About This Home

As of June 2019

Absolutely breathtaking 2 unit property located a short drive south of Downtown Los Angeles, Completely redone Spanish style casita in the front, tastefully redone 3 Bedroom 2 Baths and Brand spanking new construction in the back. A massive 4 Bedroom 4 Bath home. 2 of the Bedrooms are masters with there own personal bath.. an awesome opportunity not to be missed.

Last Agent to Sell the Property

Venus Martinez

Redfin Corporation License #01206834 Listed on: 04/15/2019

Redfin Corporation

Last Buyer's Agent

Rita Benelian

Keller Williams Hollywood Hills License #01054399

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,172

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 5,201 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway
  • Controlled Entrance

Home Design

  • Duplex
  • Modern Architecture
  • Spanish Architecture
  • Turnkey
  • Additions or Alterations

Interior Spaces

  • 3,893 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • High Ceiling
  • Decorative Fireplace
  • Living Room
  • Neighborhood Views
  • Fire and Smoke Detector
  • Granite Countertops
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, trash collection, water
  • Tax Lot 51
  • Tax Tract Number 2395
  • Assessor Parcel Number 6023029008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,172

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: LARD2
  • Architectural Style: Modern, Spanish
  • New Construction: Yes
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6023029008
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Granite Counters, High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Fireplace Features: Decorative
  • Levels: Two
  • Price Per Square Foot: 190.08
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Main Floor Bedroom, Two Masters

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Direct Garage Access, Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5201.00
  • Lot Size Acres: 0.1194

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Scheduled Income: 52800.00
  • Lot Size Area: 5201.0000 Square Feet
  • Net Operating Income: 52800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 4400.00

Tax Info

  • Tax Census Tract: 2395.02
  • Tax Lot: 51
  • Tax Tract Number: 2395.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2019
Sold by
Ramos Juan Carlos
Bought by
Ncr Llc
Current Estimated Value
$1,073,179

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 29, 2019
Sold by
Lajoma Corporation
Bought by
Ramos Juan Carlos
Seller's Agent
Venus Martinez
Redfin Corporation
Buyer's Agent
Rita Benelian
Keller Williams Hollywood Hills
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$555,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2016
Closed on
Oct 10, 2016
Sold by
Ferman J Tibbs 1999 Trust
Bought by
Andrews Gracie May
Seller's Agent
Gwendolyn Troy
Nelson Shelton & Associates
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.20%

Purchase Details

Listed on
Sep 21, 2016
Closed on
Sep 28, 2016
Sold by
Andrews Gracie M and The Ferman J Tibbs 1999 Trust
Bought by
Lajoma Corporation
Seller's Agent
Gwendolyn Troy
Nelson Shelton & Associates
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%

Purchase Details

Closed on
Jul 17, 1999
Sold by
Tibbs Ferman J and Tibbs Lillian
Bought by
The Fermin J Tibbs 1999 Trust
Source: Public Records

Range of Values:

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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
Ncr Llc -- None Available
Ramos Juan Carlos $740,000 Wfg National Title Company
Lajoma Corporation $305,000 Title 365
The Fermin J Tibbs 1999 Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramos Juan Carlos $555,000
Previous Owner Lajoma Corporaton $1,572,600
Previous Owner Lajoma Corporation $661,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $740,000 -7.4% $190 / Sq Ft
04/15/2019 04/15/19 For Sale $799,000 +162.0% $205 / Sq Ft
10/17/2016 10/17/16 Sold $305,000 -3.2% $281 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $315,000 -- $290 / 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 $10,172 $825,479 $501,981 $323,498
2024 $10,172 $809,294 $492,139 $317,155
2023 $9,979 $793,427 $482,490 $310,937
2022 $9,521 $777,871 $473,030 $304,841
2021 $9,391 $762,619 $463,755 $298,864
2020 $9,482 $754,800 $459,000 $295,800
2019 $7,239 $580,321 $253,857 $326,464
2018 $3,902 $311,100 $248,880 $62,220
2016 $421 $28,737 $10,950 $17,787
2015 $416 $28,306 $10,786 $17,520
2014 $425 $27,752 $10,575 $17,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19085715

California Regional Multiple Listing Service (CRMLS)

APN: 6023-029-008