NOT LISTED FOR SALE

1033 S Alma Ave Los Angeles, CA 90023

Estimated Value: $666,000 - $755,236

4 Beds
2 Baths
1,648 Sq Ft
$421/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $429,000 $260 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,252/month

2 Days on Market

Highlights

  • Tile Flooring
  • James A. Garfield Senior High School Rated A
  • 1-Story Property

About This Home

As of December 2018

Two detached houses on a large 6,490 square foot lot. Both homes delivered vacant! Each home has 2 bedrooms + 1 bath. Front house has a large front yard, large living room, eat in kitchen, and two separate bedrooms. The back house has its own large rear yard, open concept kitchen to living and dining room, redone bathroom with stone tile. The property has a 1 car detached garage + additional storage, long driveway can accommodate several cars. Located on a great street in prime East LA, One block from shopping on Whittier Blvd, a great Park, 5 miles from the Staples Center and the Heart of Downtown Los Angeles. Super easy access to the 5, 10, 710 and 60 Freeways. LCR4 Lot,. Property does need some TLC to be amazing.

Last Agent to Sell the Property

Danny Mahelka

Coldwell Banker Realty License #01170359 Listed on: 11/05/2018

Coldwell Banker Realty

Last Buyer's Agent

Irene Villalobos

Villalobos Realty License #01343557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,913

Year Built

  • Built in 1923

Lot Details

  • 6,490

Home Design

  • Duplex

Interior Spaces

  • 1,648 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Garage
  • Driveway

Additional Features

  • 6,490 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5239-004-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,913

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1648
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Mixed, Tile
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 260.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Covered Parking, Driveway, Garage - 1 Car
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 85748
  • Assessed Land Value: 134753
  • Assessor Parcel Number: 5239-004-019
  • Geocode Override: No
  • Lot Size Area: 6490

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.66
  • Number Of Units: 2
  • Total Annual Expense: 13000
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Dec 4, 2018
Sold by
Castro Kleven Evelyn M and The Castro Family Trust
Bought by
Hernandez Benito
Seller's Agent
Danny Mahelka
Coldwell Banker Realty
Buyer's Agent
Irene Villalobos
Villalobos Realty
List Price
$429,000
Sold Price
$429,000
Current Estimated Value
$693,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,309
Avg. Annual Appreciation
7.70%
Original Mortgage
$343,200
Outstanding Balance
$304,132
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$403,836

Purchase Details

Closed on
Apr 12, 2007
Sold by
Castro Victor M and Castro Belia A
Bought by
Castro Victor M and Castro Belia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2003
Sold by
Palos Mercy and Castro Victor
Bought by
Castro Victor M and Castro Belia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.34%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 2, 1997
Sold by
Castro Carlos R
Bought by
Rsut Castro Carlos R and Rsut Carlos R Castro Revocable
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
Hernandez Benito $429,000 Equity Title Los Angeles
Castro Victor M -- United Title Company Inland
Castro Victor M -- United Title Company Inland
Castro Victor M $180,000 Ticor Title Company
Rsut Castro Carlos R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Benito $343,200
Previous Owner Castro Victor M $200,000
Previous Owner Castro Victor M $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $429,000 0.0% $260 / Sq Ft
11/05/2018 11/05/18 For Sale $429,000 -- $260 / 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 $6,913 $478,553 $356,964 $121,589
2024 $6,913 $469,170 $349,965 $119,205
2023 $6,632 $459,971 $343,103 $116,868
2022 $6,338 $450,953 $336,376 $114,577
2021 $6,265 $442,112 $329,781 $112,331
2020 $6,309 $437,580 $326,400 $111,180
2019 $6,083 $429,000 $320,000 $109,000
2018 $3,632 $224,910 $137,448 $87,462
2016 $3,481 $216,178 $132,111 $84,067
2015 $3,432 $212,932 $130,127 $82,805
2014 $3,438 $208,761 $127,578 $81,183
Source: Public Records

Agents Affiliated with this Home

  • Danny Mahelka

    Seller's Agent in 2018

    Danny Mahelka

    Coldwell Banker Realty

    (213) 359-4097

    58 Total Sales

    Danny Mahelka
    Section Image
  • Irene Villalobos

    Buyer's Agent in 2018

    Irene Villalobos

    Villalobos Realty

    (949) 307-1814

    3 Total Sales

    Irene Villalobos
    Section Image
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Map

Source: The MLS

MLS Number: 18-404458

The MLS

APN: 5239-004-019

California Los Angeles County Los Angeles 90023

1033 S Alma Ave, Los Angeles, CA

This home is located at 1033 S Alma Ave, Los Angeles, CA 90023 since 05 November 2018 and is currently estimated at $693,309, approximately $420 per square foot. This property was built in 1923. 1033 S Alma Ave is a home located in Los Angeles County with nearby schools including Eastman Avenue Elementary School, Robert Louis Stevenson Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

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