NOT LISTED FOR SALE

Estimated Value: $844,000 - $900,522

4 Beds
2 Baths
2,128 Sq Ft
$408/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $660,000 $310 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,312/month

26 Days on Market

Highlights

  • City Lights View
  • Property is near public transit
  • Stone Countertops
  • James A. Garfield Senior High School Rated A
  • Spanish Architecture
  • Lawn

About This Home

As of May 2018

These 2 units are the perfect size to live in one or to rent both as Investment property. Each unit is spacious at 2 bedroom 1 bath and 1,070 square feet. Total living square footage is over 2,100. Stucco was recently refinished. New Cabinets and counter tops were installed. New flooring and recessed lighting throughout. New roof sheeting was applied. New Pex plumbing from drains in both units. The property also has a long driveway and a 1 car garage with lot size 6,009 square feet. Both units have their own indoor washer and dryer area. 1 unit will be delivered vacant at close of escrow. Located in Los Angeles near Soto and 10 fwy close to downtown and other attractions.

Last Agent to Sell the Property

Robert Colangeli

IET Real Estate License #01919489 Listed on: 02/28/2018

Last Buyer's Agent

Peter Kinnaird

Compass License #01742888

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,210

Year Built

  • Built in 1924

Lot Details

  • 6,009 Sq Ft Lot
  • 1 Common Wall
  • Masonry wall
  • Wrought Iron Fence
  • Landscaped
  • Lawn
  • Front Yard

Parking

  • 1 Car Garage
  • Up Slope from Street

Home Design

  • Spanish Architecture
  • Property Attached
  • Rolled or Hot Mop Roof

Interior Spaces

  • 2,128 Sq Ft Home
  • Double Pane Windows
  • Laminate Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near public transit

Utilities

  • Wall Furnace
  • 220 Volts in Garage
  • Cable TV Available

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5229025013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,210

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5229025013
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Stone Counters
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Price Per Square Foot: 310.15
  • Room Type: Laundry
  • Window Features: Double Pane Windows

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Masonry, Wrought Iron
  • Pool Private: No
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Electric: 220 Volts in Garage
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Near Public Transit, Up Slope from Street
  • Lot Size Sq Ft: 6009.00

Multi Family

  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2032.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 11, 2018
Sold by
Angeli Investments Llc
Bought by
Lavalla Brant M
Seller's Agent
Robert Colangeli
IET Real Estate
Buyer's Agent
Peter Kinnaird
Compass
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Current Estimated Value
$868,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,131
Avg. Annual Appreciation
3.76%
Original Mortgage
$50,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2018
Sold by
Rodriguez Alberto
Bought by
Angeli Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 8, 2017
Closed on
Sep 12, 2017
Sold by
Rodriguez Sophia
Bought by
Rodriguez Alberto
Seller's Agent
Luis Madrigal
Freedom Home Realty
Buyer's Agent
Luis Madrigal
Freedom Home Realty
List Price
$489,000
Sold Price
$499,000
Premium/Discount to List
$10,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$489,961
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2017
Sold by
Flores Efrain
Bought by
Rodriguez Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,961
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2007
Sold by
Flores Celia
Bought by
Flores Efrain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2007
Sold by
Flores Efrain
Bought by
Flores Efrain and Flores Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2001
Sold by
Lozano Eduardo
Bought by
Flores Efrain and Flores Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
7.24%
Mortgage Type
FHA
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
Lavalla Brant M $660,000 Fidelity National Title Comp
Angeli Investments Llc -- None Available
Rodriguez Alberto -- Wfg National Title Ins Co
Rodriguez Alberto $499,000 Wfg National Title Ins Co
Flores Efrain -- Chicago Title
Flores Manuel -- Chicago Title
Flores Efrain -- Chicago Title
Flores Efrain -- Chicago Title
Flores Efrain $175,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Angeli Investments Llc $50,000
Previous Owner Rodriguez Alberto $489,961
Previous Owner Flores Efrain $230,000
Previous Owner Flores Efrain $172,296
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2018 05/30/18 Sold $660,000 -5.6% $310 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $699,000 +40.1% $328 / Sq Ft
10/23/2017 10/23/17 Sold $499,000 0.0% $239 / Sq Ft View Prior Sale
07/29/2017 07/29/17 Off Market $499,000 -- --
07/29/2017 07/29/17 For Sale $489,000 -2.0% $234 / Sq Ft
07/25/2017 07/25/17 Off Market $499,000 -- --
07/18/2017 07/18/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $489,000 -- $234 / 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 $9,210 $750,961 $555,713 $195,248
2024 $9,210 $736,237 $544,817 $191,420
2023 $9,035 $721,802 $534,135 $187,667
2022 $8,619 $707,650 $523,662 $183,988
2021 $8,509 $693,776 $513,395 $180,381
2019 $8,257 $673,200 $498,168 $175,032
2018 $6,235 $499,000 $299,400 $199,600
2016 $2,751 $218,373 $112,929 $105,444
2015 $2,712 $215,094 $111,233 $103,861
2014 $2,732 $210,882 $109,055 $101,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18047235

California Regional Multiple Listing Service (CRMLS)

APN: 5229-025-013