NOT LISTED FOR SALE

Estimated Value: $750,000 - $1,010,000

4 Beds
2 Baths
1,929 Sq Ft
$444/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $275,000 $143 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $4,977/month

55 Days on Market

About This Home

As of June 2014

Gated 2 story duplex. Upper & lower units each have 2 bedrooms and 1 bath, living room & kitchen. Lower unit (1046) has a service area with washer & dryer hookup. Separate gas and electric meters for each unit. Rear alley. Possible development site. Buyers should check with the city of Los Angeles for current building requirements. Grass back yard. Close to shopping, schools and downtown Los Angeles. No court confirmation. Great fixer opportunity.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. License #00945753 Listed on: 03/18/2014

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,249 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • 1,929 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 5131022011

Community Details

Overview

  • No Home Owners Association
  • 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 1910

Lot Details

6,249 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: LA R4
  • Property Type: Residential Income
  • Parcel Number: 5131022011
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 142.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6249.00
  • Lot Size Acres: 0.1430

Multi Family

  • Lot Size Area: 6249.0000 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 Lot: 11
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
May 15, 2014
Sold by
Capstone Equity Fund Llc
Bought by
Gonzalez Esteban and Gonzalez Denise M
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$819,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,333
Avg. Annual Appreciation
10.18%
Original Mortgage
$150,000
Outstanding Balance
$113,974
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$743,359

Purchase Details

Closed on
Apr 4, 2014
Sold by
Strategic Acquisition Inc
Bought by
Capstone Equity Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$113,974
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$743,359

Purchase Details

Closed on
Jan 24, 2014
Sold by
Canaan Housing Corporation
Bought by
Strategic Acquisitions Inc

Purchase Details

Closed on
Dec 27, 2012
Sold by
Quantum Community Development Corporatio
Bought by
Corvi A Stephen

Purchase Details

Closed on
Jul 13, 2010
Sold by
The Canaan Development Group
Bought by
Quantum Community Development Corporatio
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
Gonzalez Esteban $275,000 Fidelity Sherman Oaks
Capstone Equity Fund Llc -- None Available
Strategic Acquisitions Inc $219,235 None Available
Corvi A Stephen -- None Available
Quantum Community Development Corporatio -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Esteban $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Sold $275,000 0.0% $143 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $275,000 -- $143 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,119 $720,291 $220,649 $499,642
2024 $9,119 $706,169 $216,323 $489,846
2023 $8,951 $692,324 $212,082 $480,242
2022 $8,549 $678,750 $207,924 $470,826
2021 $8,426 $665,443 $203,848 $461,595
2019 $8,182 $645,706 $197,802 $447,904
2018 $3,803 $296,272 $193,924 $102,348
2016 $3,621 $284,770 $186,395 $98,375
2015 $3,570 $280,494 $183,596 $96,898
2014 $3,058 $231,044 $180,817 $50,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14055474

California Regional Multiple Listing Service (CRMLS)

APN: 5131-022-011

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