NOT LISTED FOR SALE

Estimated Value: $840,000 - $941,000

5 Beds
3 Baths
2,609 Sq Ft
$337/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $621,500 $238 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,290/month

48 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to San Pedro Station
  • Wall Furnace
  • Laundry Room

About This Home

As of October 2020

Calling all developers and investors! This is truly one of a kind in the city of Los Angeles. Situated on a 6,001 square foot lot, this property is a duplex featuring two, three bedroom and 1.5 bath house in each unit. Zoned LARD2, this property has potential to be rehabbed or rebuilt. Bring your paint brushes and imagination and let your imagination go wild.

Last Agent to Sell the Property

KAREN KUIT

eXp Realty of California Inc License #01953837 Listed on: 08/04/2020

eXp Realty of California Inc

Last Buyer's Agent

Sandra Alvarez

American Team Properties License #01308068

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 6,001 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,609 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Wall Furnace
  • Septic Type Unknown

Additional Features

  • Laundry Room
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 16 / Q
  • Assessor Parcel Number 5131007014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5131007014
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 238.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1378

Multi Family

  • Lot Size Area: 6001.0000 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: Yes

Tax Info

  • Tax Block: Q
  • Tax Census Tract: 2260.01
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 26, 2020
Sold by
Quan William Lew and Quan William L
Bought by
Cyprus Kip C and Cyprus Amy L
Seller's Agent
KAREN KUIT
eXp Realty of California Inc
Buyer's Agent
Sandra Alvarez
American Team Properties
List Price
$626,000
Sold Price
$621,500
Premium/Discount to List
-$4,500
-0.72%
Current Estimated Value
$879,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,095
Avg. Annual Appreciation
6.94%
Original Mortgage
$570,000
Outstanding Balance
$506,985
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$372,610

Purchase Details

Closed on
Dec 3, 2018
Sold by
Lau Chui Yue
Bought by
Lau Chui Yue and Lau Chui Yue

Purchase Details

Closed on
Oct 5, 2018
Sold by
Quan William L and Quan Janice
Bought by
Quan Willam L and Quan Janice

Purchase Details

Closed on
Aug 29, 2018
Sold by
Quan Louis K
Bought by
Quan Louis A and Quan Rose

Purchase Details

Closed on
Jun 29, 2004
Sold by
Lau Chui Yue and Quan William L
Bought by
Lau Chui Yue and Lau Michael

Purchase Details

Closed on
Aug 6, 2003
Sold by
Lau Chui Yue and Quan William L
Bought by
Lau Chui Yue and Quan William L

Purchase Details

Closed on
Dec 3, 1994
Sold by
Lau Chui Yue
Bought by
Lau Chui Yue and Quan William L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cyprus Kip C $621,500 Lawyers Title
Lau Chui Yue -- None Available
Quan Willam L -- None Available
Quan Louis A -- None Available
Lau Chui Yue -- --
Lau Chui Yue -- --
Lau Chui Yue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cyprus Kip C $570,000
Closed Cyprus Kip C $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2020 10/20/20 Sold $621,500 0.0% $238 / Sq Ft
10/20/2020 10/20/20 Sold $621,500 -0.7% $238 / Sq Ft View Prior Sale
09/21/2020 09/21/20 Pending -- -- --
09/21/2020 09/21/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $626,000 0.0% $240 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $626,000 0.0% $240 / Sq Ft
06/25/2020 06/25/20 Price Changed $626,000 -0.5% $240 / Sq Ft
02/19/2020 02/19/20 For Sale $629,000 -- $241 / 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 $8,337 $672,728 $370,190 $302,538
2024 $8,337 $659,538 $362,932 $296,606
2023 $8,180 $646,607 $355,816 $290,791
2022 $7,806 $633,930 $348,840 $285,090
2021 $7,702 $621,500 $342,000 $279,500
2020 $5,059 $395,747 $203,491 $192,256
2019 $4,868 $387,988 $199,501 $188,487
2018 $4,751 $380,382 $195,590 $184,792
2016 $4,517 $365,613 $187,996 $177,617
2015 $4,452 $360,123 $185,173 $174,950
2014 $4,476 $353,069 $181,546 $171,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20155163

California Regional Multiple Listing Service (CRMLS)

APN: 5131-007-014