NOT LISTED FOR SALE

1024 W Florence Ave Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $750,094

4 Beds
2 Baths
1,899 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $689,000 $363 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,896/month

14 Days on Market

About This Home

As of April 2023

A great opportunity to own a duplex within a highly sought after area. Both units are separate on the lot with two bedrooms and a bath, the main unit also has an additional half bath. It has a garage for parking or storage and space in the front for off street parking. Both units are currently occupied but will be delivered vacant at close of escrow. Broker & Broker's Agents do not represent or guarantee accuracy of square footage, bedroom/bathroom count, lot size, lot lines or dimensions, permitted or un-permitted spaces, school boundary lines or eligibility, or other information concerning the conditions or features of the property. Buyer to verify the accuracy of all info.

Last Agent to Sell the Property

James Ward

Forward Real Estate License #00989094 Listed on: 01/27/2023

Last Buyer's Agent

DANIEL ESENE

License #01173732

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,894

Year Built

  • Built in 1946

Lot Details

  • 5,989

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • 1,899 Sq Ft Home
  • Bungalow
  • Raised Foundation
  • Asphalt Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Oven or Range
  • 5,989 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6019-021-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,894

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 1899
  • Lot Acreage: 0.1375
  • Probate: No
  • Year Built: 1946
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Gas
  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 362.82

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Raised
  • Patio: Concrete Slab
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 54.23
  • Assessed Improvement Value: 47253
  • Assessed Land Percent: 45.77
  • Assessed Land Value: 39879
  • Total Assessed Value: 87132
  • Assessor Parcel Number: 6019-021-007
  • Lot Size Area: 5989

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 2
  • Total Annual Expense: 4553
  • Type Of Units: 2 on a lot
  • Vacancy Rate: 1056.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 20, 2023
Sold by
Carter Henrietta
Bought by
Amoni-Stone Oyin-Obi S
Seller's Agent
James Ward
Forward Real Estate
Buyer's Agent
DANIEL ESENE
List Price
$689,000
Sold Price
$689,000
Views
27
Current Estimated Value
$750,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,094
Avg. Annual Appreciation
4.56%
Original Mortgage
$585,650
Outstanding Balance
$571,664
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$191,784
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
Amoni-Stone Oyin-Obi S $689,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amoni-Stone Oyin-Obi S $585,650
Previous Owner Carter Henrietta $960,000
Previous Owner Carter Henrietta $29,651
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $689,000 0.0% $363 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $689,000 -- $363 / 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
2024 $8,894 $702,780 $581,400 $121,380
2023 $1,448 $88,874 $40,676 $48,198
2022 $1,399 $87,132 $39,879 $47,253
2021 $1,369 $85,425 $39,098 $46,327
2020 $1,376 $84,550 $38,698 $45,852
2019 $1,336 $82,893 $37,940 $44,953
2018 $1,252 $81,269 $37,197 $44,072
2016 $1,183 $78,114 $35,753 $42,361
2015 $1,169 $76,941 $35,216 $41,725
2014 $1,180 $75,435 $34,527 $40,908
Source: Public Records

Agents Affiliated with this Home

  • James Ward

    Seller's Agent in 2023

    James Ward

    Forward Real Estate

    (877) 464-5404

    1 in this area

    16 Total Sales

    James Ward
    Section Image

  • D

    Buyer's Agent in 2023

    DANIEL ESENE

See All Agents

Map

Source: The MLS

MLS Number: 23-236453

The MLS

APN: 6019-021-007

California Los Angeles County Los Angeles 90044 Vermont Knolls

1024 W Florence Ave, Los Angeles, CA

This home is located at 1024 W Florence Ave, Los Angeles, CA 90044 since 27 January 2023 and is currently estimated at $750,094, approximately $394 per square foot. This property was built in 1946. 1024 W Florence Ave is a home located in Los Angeles County with nearby schools including John Muir Middle School, Augustus F. Hawkins High A Critical Design And Gaming, and George Washington Preparatory High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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