NOT LISTED FOR SALE

Estimated Value: $842,000 - $1,088,859

4 Beds
2 Baths
1,890 Sq Ft
$491/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $900,000 $476 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,024/month

9 Days on Market

Highlights

  • City Lights View
  • More Than Two Accessible Exits
  • Carpet
  • Laundry Room
  • Central Heating

About This Home

As of June 2023

Welcome to this fantastic investment opportunity in a prime location in Los Angeles, CA. This spacious duplex features two units, each offering 2 bedrooms and 1 bathroom. Situated on a quiet street, this property boasts a large backyard and is conveniently located near Sofi Stadium and the upcoming Intuit Arena. With its close proximity to LAX, the beach, and its central location, this property provides easy access to all the amenities and attractions Los Angeles has to offer. The garage also has the potential for an accessory dwelling unit (ADU), making it ideal for long-term or short-term rentals. Whether you choose to live in one unit and rent out the other or solely invest in this lucrative opportunity, this property is the perfect choice. With a little TLC, this property can be transformed into a fantastic investment. Additional features include private laundry area in each unit, newer windows, central AC and heating for added comfort.

Last Agent to Sell the Property

Sonia Vasquez

Vismar Real Estate License #01836081 Listed on: 05/17/2023

Vismar Real Estate

Co-Listed By

Fernando Vasquez

Vismar Real Estate License #01993115

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,103

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,463 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 13545
  • Assessor Parcel Number 6058011004
  • $1,028 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,103

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 399950
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LCR2YY
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6058011004
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: stairs
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 476.19

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5463.00
  • Lot Size Acres: 0.1254

Multi Family

  • Lot Size Area: 5463.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6004.00
  • Tax Lot: 4
  • Tax Tract Number: 13545
  • TaxOtherAnnualAssessmentAmount: 1028.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 1, 2023
Sold by
Muralles Anthony O Berkenkamp
Bought by
Palmer Justin
Seller's Agent
Sonia Vasquez
Vismar Real Estate
List Price
$799,900
Sold Price
$900,000
Premium/Discount to List
$100,100
12.51%
Views
74
Current Estimated Value
$927,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,465
Avg. Annual Appreciation
-1.24%
Original Mortgage
$720,000
Outstanding Balance
$702,270
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$173,308

Purchase Details

Listed on
Mar 17, 2012
Closed on
Apr 4, 2012
Sold by
S R Business Enterprise Llc
Bought by
Muralles Anthony Berkenkamp
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
RAUL MARTINEZ
CENTURY 21 PRIMETIME REALTORS
List Price
$315,900
Sold Price
$315,000
Premium/Discount to List
-$900
-0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$309,294
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2012
Sold by
S R Business Enterprise Llc
Bought by
S R Business Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2011
Sold by
Brown Shonte
Bought by
S R Business Enterprise Llc

Purchase Details

Closed on
Aug 1, 2011
Sold by
Brown Shonte
Bought by
Sir Business Enterprise Llc

Purchase Details

Closed on
Aug 28, 2009
Sold by
Brown Shonte and The Lesley Forte Trust
Bought by
Brown Shonte

Purchase Details

Closed on
May 25, 2009
Sold by
Forte Lesley
Bought by
The Lesley Forte Trust
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
Palmer Justin $900,000 Lawyers Title
Muralles Anthony Berkenkamp $315,000 Investors Title Company
S R Business Enterprise Llc -- Ticor Title Co Of California
S R Business Enterprise Llc -- None Available
Sir Business Enterprise Llc -- None Available
Brown Shonte -- None Available
The Lesley Forte Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Justin $720,000
Previous Owner Muralles Anthony O Berkenkamp $340,000
Previous Owner Muralles Anthony O Berkenkamp $27,000
Previous Owner Muralles Anthony Berkenkamp $309,294
Previous Owner S R Business Enterprise Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $900,000 0.0% $476 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/25/2023 05/25/23 Off Market $900,000 -- --
05/24/2023 05/24/23 For Sale $799,900 -11.1% $423 / Sq Ft
05/23/2023 05/23/23 Off Market $900,000 -- --
05/17/2023 05/17/23 For Sale $799,900 +153.9% $423 / Sq Ft
05/25/2012 05/25/12 Sold $315,000 -0.3% $167 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
03/17/2012 03/17/12 For Sale $315,900 -- $167 / 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 $12,103 $936,360 $655,452 $280,908
2024 $12,103 $918,000 $642,600 $275,400
2023 $5,554 $380,283 $301,815 $78,468
2022 $5,314 $372,828 $295,898 $76,930
2021 $5,255 $365,519 $290,097 $75,422
2019 $5,103 $354,680 $281,494 $73,186
2018 $5,039 $347,726 $275,975 $71,751
2016 $4,829 $334,225 $265,259 $68,966
2015 $4,758 $329,206 $261,275 $67,931
2014 $4,763 $322,758 $256,157 $66,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23084851

California Regional Multiple Listing Service (CRMLS)

APN: 6058-011-004