NOT LISTED FOR SALE

1030 S Kern Ave Los Angeles, CA 90022

Estimated Value: $736,000 - $891,710

4 Beds
2 Baths
1,848 Sq Ft
$443/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $549,000 $297 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,369/month

19 Days on Market

Highlights

  • Private Yard
  • Carpet
  • Wall Furnace
  • James A. Garfield Senior High School Rated A

About This Home

As of March 2016

Beautiful detached Duplex in a fast growing East Los Angeles. Very close to multiple locations, including 710, 5 and 60 freeways. Also notable landmark within few miles are, Downtown LA, Cal State Los Angeles, and Citadel Outlets. This area is quickly becoming gentrified, as the surrounding areas are becoming more expensive. The front unit is a craftsman style 2 Bedroom 1 Bathroom with wood flooring, laundry hook-up, a kitchen with appliance, and 2 bedrooms with new carpet. It also features a large sized basement for storage, or as an art studio. Rear unit features a spacious area with a small private backyard. Inside features new carpet, new paint, and new appliance. Each unit is ready to be move-in! 3 space garage and a long drive-way means you never have to worry about parking. A must see in a fast growing area

Last Agent to Sell the Property

Timothy Pai

No Firm Affiliation License #01786441 Listed on: 12/09/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,744

Year Built

  • Built in 1924

Lot Details

  • 6,657 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • 1,848 Sq Ft Home
  • Composition Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4768
  • Assessor Parcel Number 5246022018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,800
  • Net Operating Income $30,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,744

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Cellphone
  • Other Phone Number: 7147243841
  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 5246022018
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Price Per Square Foot: 297.08

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6657.00
  • Price Per Lot Square Foot: 82.47
  • Lot Size Acres: 0.1530

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 6657.0000 Square Feet
  • Net Operating Income: 30240.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3360.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 4768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2015
Closed on
Feb 10, 2016
Sold by
Dli Properties Llc
Bought by
Martin Emmanuel Francia and Carpio Irene P
Seller's Agent
Timothy Pai
No Firm Affiliation
List Price
$549,000
Sold Price
$549,000
Current Estimated Value
$847,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,460
Avg. Annual Appreciation
4.34%
Original Mortgage
$539,056
Outstanding Balance
$422,103
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$396,075

Purchase Details

Closed on
Oct 12, 2015
Sold by
Marquez John
Bought by
Dli Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Martin Emmanuel Francia $549,000 Fidelity Sherman Oaks
Dli Properties Llc $406,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Emmanuel Francia $539,056
Previous Owner Marquez John $544,185
Previous Owner Marquez John $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $549,000 0.0% $297 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
12/09/2015 12/09/15 For Sale $549,000 -- $297 / 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 $8,744 $649,896 $413,140 $236,756
2024 $8,744 $637,154 $405,040 $232,114
2023 $8,598 $624,662 $397,099 $227,563
2022 $8,203 $612,414 $389,313 $223,101
2021 $8,110 $600,407 $381,680 $218,727
2020 $8,171 $594,252 $377,767 $216,485
2019 $7,866 $582,601 $370,360 $212,241
2018 $7,707 $571,179 $363,099 $208,080
2016 $5,719 $406,500 $244,500 $162,000
2015 $1,678 $61,961 $22,613 $39,348
2014 $1,603 $60,749 $22,171 $38,578
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Timothy Pai

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15260011

California Regional Multiple Listing Service (CRMLS)

APN: 5246-022-018

California Los Angeles County Los Angeles 90022

1030 S Kern Ave, Los Angeles, CA

This home is located at 1030 S Kern Ave, Los Angeles, CA 90022 since 09 December 2015 and is currently estimated at $818,178, approximately $442 per square foot. This property was built in 1924. 1030 S Kern 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

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