NOT LISTED FOR SALE

1036 S Mcbride Ave Los Angeles, CA 90022

Estimated Value: $647,000 - $834,000

3 Beds
2 Baths
1,454 Sq Ft
$511/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $450,000 $309 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,639/month

124 Days on Market

Highlights

  • No HOA
  • James A. Garfield Senior High School Rated A
  • Laundry Room

About This Home

As of February 2019

This massive 3 Bed 2 Bath duplex is a wonderful opportunity for any first time investors, or anyone looking to expand their financial portfolio. Property is a fixer upper and can provide explosive growth in value with relatively small capital investment

Last Agent to Sell the Property

Andrew Black

Desert Sea Real Estate License #02042694 Listed on: 09/13/2018

Last Buyer's Agent

Yazmin Montana

Schon Tepler Realty, Inc License #01777704

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,128

Year Built

  • Built in 1940

Lot Details

  • 5,591 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,454 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 4768
  • Assessor Parcel Number 5246011010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,200
  • Fuel Expense $1,200
  • Gardener Expense $600
  • Insurance Expense $2,200
  • Trash Expense $600
  • New Taxes Expense $6,553
  • Operating Expense $6,800
  • Gross Income $24,000
  • Net Operating Income $17,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,128

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Ad Number: andrew
  • Other Phone Description: 7144650810
  • Property Attached: No
  • Zoning: LCR4*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5246011010
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 309.49

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5591.00
  • Lot Size Acres: 0.1284

Multi Family

  • Average1 Bed Area: 450 Square Feet
  • Average2 Bed Area: 1004 Square Feet
  • Electric Expense: 2200.00
  • Fuel Expense: 1200.00
  • Gross Income: 24000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 5591.0000 Square Feet
  • Net Operating Income: 17200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6800.00
  • Rent Control: No
  • Total Expenses: 6800.00

Tax Info

  • New Taxes Expense: 6553.00
  • Tax Census Tract: 5315.02
  • Tax Lot: 10
  • Tax Tract Number: 4768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Jan 31, 2019
Sold by
Garten Michael and Garten Revocable Living Trust
Bought by
Tovar Mora Jose L and Tovar Mora Michelle
Seller's Agent
Andrew Black
Desert Sea Real Estate
Buyer's Agent
Yazmin Montana
Schon Tepler Realty, Inc
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%
Current Estimated Value
$742,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,376
Avg. Annual Appreciation
7.43%
Original Mortgage
$337,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2017
Sold by
Garten Maurice J
Bought by
Garten Andrew and Garten Revocable Living Trust

Purchase Details

Closed on
Nov 30, 2013
Sold by
Garten Maurice J and Garten Family Trust
Bought by
Garten Maurice J
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
Tovar Mora Jose L $450,000 Chicago Title Company
Garten Andrew -- None Available
Garten Maurice J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mora Jose L $455,000
Closed Tovar Mora Jose L $337,500
Previous Owner Garten Michael $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2019 02/11/19 Sold $450,000 -9.8% $309 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
12/03/2018 12/03/18 Price Changed $499,000 -3.9% $343 / Sq Ft
10/08/2018 10/08/18 Price Changed $519,000 -5.5% $357 / Sq Ft
09/13/2018 09/13/18 For Sale $549,000 -- $378 / 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 $7,128 $501,980 $301,188 $200,792
2024 $7,128 $492,138 $295,283 $196,855
2023 $6,842 $482,490 $289,494 $192,996
2022 $6,534 $473,030 $283,818 $189,212
2021 $6,460 $463,755 $278,253 $185,502
2020 $6,507 $459,000 $275,400 $183,600
2019 $1,631 $48,733 $23,045 $25,688
2018 $1,538 $47,779 $22,594 $25,185
2016 $1,474 $45,925 $21,717 $24,208
2015 $1,459 $45,236 $21,391 $23,845
2014 $1,467 $44,350 $20,972 $23,378
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Andrew Black

    Desert Sea Real Estate

  • Y

    Buyer's Agent in 2019

    Yazmin Montana

    Schon Tepler Realty, Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18225474

California Regional Multiple Listing Service (CRMLS)

APN: 5246-011-010

California Los Angeles County Los Angeles 90022

1036 S Mcbride Ave, Los Angeles, CA

This home is located at 1036 S Mcbride Ave, Los Angeles, CA 90022 since 13 September 2018 and is currently estimated at $742,376, approximately $510 per square foot. This property was built in 1940. 1036 S Mcbride 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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