$700,000
SOLD JUL 9, 2025

1037 W 98th St Unit 2 Los Angeles, CA 90044

4 Beds
3 Baths
1,501 Sq Ft
4,109 Sq Ft Lot

Recently Sold

$466 Per Sq Ft

1% Above List Price

21 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Wood Fence

About This Home

As of July 2025

**DUPLEX** Great Investment for FIRST TIME HOME BUYERS are looking to live in one unit and rent out the other unit to help with the mortgage or an investor. Each unit has 2 bedrooms and 1 bathroom, a 4 car driveway. Each unit has its own gas and electric meter. This property is located in a very convenient area close to major freeways like the 105 and 110. Come see this beautiful duplex and don't miss the opportunity to invest in real estate.

Last Agent to Sell the Property

CHRISTIAN HERNANDEZ

SYNERGY ONE REAL ESTATE SERVIC Brokerage Phone: 714-699-8813 License #01925988 Listed on: 05/07/2025

Last Buyer's Agent

Norma Gutierrez Lazaro

The Standard Estates License #02045044

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,126

Year Built

  • Built in 1930

Lot Details

  • 4,109 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • Public Parking
  • Parking Available
  • Driveway

Utilities

  • No Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 39
  • Tax Tract Number 4
  • Assessor Parcel Number 6056015016
  • $1,050 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $12,804
  • Trash Expense $1,500
  • Water Sewer Expense $1,800
  • Operating Expense $16,104
  • Gross Income $60,000
  • Net Operating Income $43,896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,126

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 345000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LCR320U*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6056015016
  • Year Built: 1930
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: First level entry
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 466.36
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Public

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4109.00
  • Lot Size Acres: 0.0943

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 12804.00
  • Lot Size Area: 4109.0000 Square Feet
  • Net Operating Income: 43896.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 16104.00
  • Rent Control: Yes
  • Total Expenses: 16104.00

Tax Info

  • Tax Census Tract: 6002.01
  • Tax Lot: 39
  • Tax Tract Number: 4
  • TaxOtherAnnualAssessmentAmount: 1050.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jul 3, 2025
Sold by
Aguilera Darcy M
Bought by
Aguilera Erick I and Menjivar Erick I
Seller's Agent
CHRISTIAN HERNANDEZ
SYNERGY ONE REAL ESTATE SERVIC
Buyer's Agent
Norma Gutierrez Lazaro
The Standard Estates
List Price
$690,000
Sold Price
$700,000
Premium/Discount to List
$10,000
1.45%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.59%
Original Mortgage
$655,500
Outstanding Balance
$654,399
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$42,801

Purchase Details

Listed on
May 7, 2025
Closed on
May 29, 2025
Sold by
Rivaz Dora L
Bought by
Menjivar Erick I Aguilera and Aguilera Erick I
Seller's Agent
CHRISTIAN HERNANDEZ
SYNERGY ONE REAL ESTATE SERVIC
Buyer's Agent
Norma Gutierrez Lazaro
The Standard Estates
List Price
$690,000
Sold Price
$700,000
Premium/Discount to List
$10,000
1.45%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,500
Outstanding Balance
$654,399
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$42,801

Purchase Details

Closed on
Mar 11, 2002
Sold by
Vanegas Matilde P
Bought by
Vanegas Rafael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.84%
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 Type Sale Price Title Company
Grant Deed -- Pacific Coast Title Company
Grant Deed $700,000 Pacific Coast Title Company
Interfamily Deed Transfer -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $655,500 New Conventional
Previous Owner $131,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2025 07/09/25 Sold $700,000 +1.4% $466 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $690,000 -- $460 / 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 $9,126 $679,172 $477,543 $201,629
2024 $9,126 $665,856 $468,180 $197,676
2023 $8,805 $652,800 $459,000 $193,800
2022 $2,819 $154,594 $153,206 $1,388
2021 $2,789 $151,563 $150,202 $1,361
2020 $2,802 $150,010 $148,662 $1,348
2019 $2,720 $147,070 $145,748 $1,322
2018 $2,620 $144,188 $142,891 $1,297
2016 $2,496 $138,592 $137,344 $1,248
2015 $2,463 $136,511 $135,281 $1,230
2014 $2,471 $133,838 $132,632 $1,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25101568

California Regional Multiple Listing Service (CRMLS)

APN: 6056-015-016