NOT LISTED FOR SALE

1023 Mark St Los Angeles, CA 90033

Estimated Value: $616,000 - $852,948

4 Beds
2 Baths
1,690 Sq Ft
$453/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $499,000 $295 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,222/month

78 Days on Market

About This Home

As of June 2019

Duplex featuring 2 bedroom, 1 bathroom units. Located just minutes from County + USC Hospital in Boyle Heights. The building features plentiful parking in front and has long term tenants. Near Downtown, Union Station, Dodger Stadium and more with stable rent profiles.

Last Agent to Sell the Property

James Maxwell

LA Real License #01398101 Listed on: 02/25/2019

Last Buyer's Agent

Hector Morales

License #00526543

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,875

Year Built

  • Built in 1925

Lot Details

  • 4,610 Sq Ft Lot

Interior Spaces

  • 1,690 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Automatic Gate

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5201-018-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,875

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Duplex featuring 2 bedroom, 1 bathroom units. Located just minutes from County + USC Hospital in Boyle Heights. The building features plentiful parking in front and has long term tenants. Near Downtown, Union Station, Dodger Stadium and more with stable rent profiles.
  • Living Area: 1690
  • Probate: No
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 295.27

Exterior Features

  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Auto Driveway Gate
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 44803
  • Assessed Land Value: 74675
  • Assessor Parcel Number: 5201-018-020
  • Geocode Override: No
  • Lot Size Area: 4610

Rental Info

  • Total Actual Rent: 26220.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Flats
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 17, 2019
Sold by
Gruzen Roanald L and Gruzen Louise
Bought by
Lafond John Victor
Seller's Agent
James Maxwell
LA Real
Buyer's Agent
Hector Morales
List Price
$525,000
Sold Price
$499,000
Premium/Discount to List
-$26,000
-4.95%
Current Estimated Value
$841,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,636
Avg. Annual Appreciation
7.23%
Original Mortgage
$374,250
Outstanding Balance
$329,739
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$435,748
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
Lafond John Victor $499,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafond John Victor $374,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $499,000 0.0% $295 / Sq Ft
04/23/2019 04/23/19 Price Changed $499,000 -5.0% $295 / Sq Ft
02/25/2019 02/25/19 For Sale $525,000 -- $311 / Sq Ft
Source: The MLS

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 $6,875 $556,638 $389,313 $167,325
2024 $6,875 $545,725 $381,680 $164,045
2023 $6,745 $535,026 $374,197 $160,829
2022 $6,436 $524,536 $366,860 $157,676
2021 $6,353 $514,252 $359,667 $154,585
2019 $6,178 $500,000 $350,000 $150,000
2018 $1,678 $121,867 $76,168 $45,699
2016 $1,588 $117,136 $73,211 $43,925
2015 $1,567 $115,378 $72,112 $43,266
2014 $1,585 $113,119 $70,700 $42,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-439568

The MLS

APN: 5201-018-020