NOT LISTED FOR SALE

10400 Wilmington Ave Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $788,553 - $1,043,000

6 Beds
4 Baths
3,040 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $330,000 $109 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $5,199/month

62 Days on Market

About This Home

As of October 2013

Property is a duplex. Both unit's are 3 bedrooms and 2 baths. The floor plans are the same. The units are above each other. There is a concrete back yard with room for parking. Schools, parks, freeway are nearby.

Last Agent to Sell the Property

Peter Park

Prime Properties Asset Mgmt. License #01177044 Listed on: 07/12/2013

Last Buyer's Agent

Kyle Young

License #01902695

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,742

Year Built

  • Built in 2004

Lot Details

  • 3,253 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 3,040 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6066-001-056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,742

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3040
  • Year Built: 2004
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 110.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 225255
  • Assessed Land Value: 113192
  • Assessor Parcel Number: 6066-001-056
  • Geocode Override: No
  • Lot Size Area: 3253

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2016
Sold by
Mittal Ram K
Bought by
Mittal Ram K
Current Estimated Value
$851,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 13, 2015
Sold by
Mittal Ram K
Bought by
Mittal Assets Lp

Purchase Details

Listed on
Jul 12, 2013
Closed on
Oct 14, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mittal Ram K
Seller's Agent
Peter Park
Prime Properties Asset Mgmt.
Buyer's Agent
Kyle Young
List Price
$374,900
Sold Price
$330,000
Premium/Discount to List
-$44,900
-11.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$22,000,000
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 2013
Sold by
Onwuli Joy
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 11, 2003
Sold by
Ortiz Fidel and Ortiz Maria
Bought by
Onwuli Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Mittal Ram K -- None Available
Mittal Assets Lp -- Accommodation
Mittal Ram K $330,000 Lawyers Title Company
Federal Home Loan Mortgage Corporation $278,302 Lawyers Title Company
Onwuli Joy $299,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mittal Assets Lp $242,000
Closed Mittal Ram K $237,000
Previous Owner Mittal Ram K $22,000,000
Previous Owner Onwuli Joy $30,000
Previous Owner Onwuli Joy $440,000
Previous Owner Onwuli Joy $304,000
Previous Owner Onwuli Joy $239,200
Closed Onwuli Joy $59,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $330,000 -12.0% $109 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $374,900 -- $123 / 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 $6,742 $520,864 $165,728 $355,136
2024 $6,742 $510,652 $162,479 $348,173
2023 $6,617 $500,641 $159,294 $341,347
2022 $6,321 $490,825 $156,171 $334,654
2021 $6,229 $481,202 $153,109 $328,093
2019 $6,047 $466,931 $148,569 $318,362
2018 $5,965 $457,776 $145,656 $312,120
2016 $4,501 $341,725 $134,619 $207,106
2015 $4,434 $336,593 $132,597 $203,996
2014 $4,452 $330,000 $130,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Peter Park

    Seller's Agent in 2013

    Peter Park

    Prime Properties Asset Mgmt.

    (323) 810-1565

    5 Total Sales

    Section Image

  • K

    Buyer's Agent in 2013

    Kyle Young

See All Agents

Map

Source: The MLS

MLS Number: 13-687885

The MLS

APN: 6066-001-056

California Los Angeles County Los Angeles 90002 Watts

10400 Wilmington Ave, Los Angeles, CA

This home is located at 10400 Wilmington Ave, Los Angeles, CA 90002 since 12 July 2013 and is currently estimated at $906,388, approximately $298 per square foot. This property was built in 2004. 10400 Wilmington Ave is a home located in Los Angeles County with nearby schools including Florence Griffith Joyner Elementary School, Edwin Markham Middle School, and Jordan High School.

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