NOT LISTED FOR SALE

1050 S Hicks Ave Los Angeles, CA 90023

Estimated Value: $726,194 - $1,011,000

3 Beds
2 Baths
2,912 Sq Ft
$295/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $448,350 $154 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,502/month

41 Days on Market

About This Home

As of December 2016

We are pleased to present an opportunity to own a great duplex in East Los Angeles area. Built in 1939. The property consists of 2,912 square feet total. The lot is just under 6,500 square feet. There are a total of four bedrooms and two bathrooms. Zoned LCR4YY. Locate near Downtown, food, restaurants, schools, parks, etc.

Last Agent to Sell the Property

Sebastian Stofenmacher

Edgestone Real Estate, Inc. License #01328684 Listed on: 09/20/2016

Last Buyer's Agent

Andy Azadzoi

Diamond Real Estate Investment License #01469301

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,481

Year Built

  • Built in 1938

Lot Details

  • 6,499 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,912 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 5239004049

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,481

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LCR4YY
  • Property Type: Residential Income
  • Parcel Number: 5239004049
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 153.97

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6499.00

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5313.01
  • Tax Lot: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Nunez Peter
Bought by
Nunez Peter D and Nunez Emma
Current Estimated Value
$860,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2017
Sold by
Nunez Peter D
Bought by
Nunez Emma and Nunez Peter D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2017
Sold by
Nunez Emma
Bought by
Nunez Peter D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2016
Closed on
Nov 20, 2016
Sold by
Platinum Property Holdings Inc
Bought by
Nunez Emma
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Andy Azadzoi
Diamond Real Estate Investment
List Price
$527,500
Sold Price
$448,350
Premium/Discount to List
-$79,150
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%

Purchase Details

Listed on
Sep 20, 2016
Closed on
Nov 4, 2016
Sold by
Wilmington Trust National Association
Bought by
Platinum Property Holdings Inc
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Andy Azadzoi
Diamond Real Estate Investment
List Price
$527,500
Sold Price
$448,350
Premium/Discount to List
-$79,150
-15%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Sanchez Ernesto and Sanchez Elizabeth
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Aug 17, 2010
Sold by
Sanchez Gloria
Bought by
Medeiros Linda S

Purchase Details

Closed on
Aug 23, 2008
Sold by
Sanchez Ernesto and Sanchez Elizabeth
Bought by
Sanchez Gloria

Purchase Details

Closed on
Jan 12, 2005
Sold by
Sanchez Ernesto
Bought by
Sanchez Ernesto and Sanchez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1997
Sold by
Sanchez Ernesto
Bought by
Sanchez Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
9.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nunez Peter D -- Usa National Title Company
Nunez Peter D -- Usa National Title Co
Nunez Emma -- None Available
Nunez Peter D -- Accommodation
Nunez Emma -- None Available
Platinum Property Holdings Inc $448,500 Title 365
Wilmington Trust National Association $537,719 Title365
Medeiros Linda S -- None Available
Sanchez Gloria -- None Available
Sanchez Ernesto -- --
Sanchez Ernesto -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Peter D $436,300
Closed Nunez Peter D $337,500
Closed Nunez Emma $151,000
Closed Nunez Peter D $344,000
Previous Owner Sanchez Ernesto $456,000
Previous Owner Sanchez Ernesto $57,000
Previous Owner Sanchez Ernesto $252,000
Previous Owner Sanchez Ernesto $199,746
Previous Owner Sanchez Ernesto $194,650
Previous Owner Sanchez Ernesto $157,500
Previous Owner Sanchez Ernesto $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $448,350 -15.0% $154 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $527,500 0.0% $181 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $527,500 +85.1% $181 / Sq Ft
12/31/2015 12/31/15 Sold $285,000 -13.6% $98 / Sq Ft
11/20/2014 11/20/14 Price Changed $329,800 0.0% $113 / Sq Ft
03/06/2014 03/06/14 Price Changed $329,800 0.0% $113 / Sq Ft
10/09/2012 10/09/12 Price Changed $329,800 +64.9% $113 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $200,000 0.0% $69 / Sq Ft
06/18/2012 06/18/12 For Sale $200,000 0.0% $69 / Sq Ft
10/31/2011 10/31/11 For Sale $200,000 0.0% $69 / Sq Ft
05/11/2011 05/11/11 Pending -- -- --
05/10/2011 05/10/11 Pending -- -- --
05/09/2011 05/09/11 For Sale $200,000 -- $69 / 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 $9,481 $648,557 $310,625 $337,932
2024 $9,481 $635,841 $304,535 $331,306
2023 $9,074 $623,374 $298,564 $324,810
2022 $8,676 $611,152 $292,710 $318,442
2021 $8,570 $599,170 $286,971 $312,199
2020 $8,629 $593,027 $284,029 $308,998
2019 $9,738 $703,800 $336,600 $367,200
2018 $6,839 $457,470 $306,000 $151,470
2017 $6,696 $448,500 $300,000 $148,500
2016 $5,435 $377,706 $108,225 $269,481
2015 $5,356 $372,034 $106,600 $265,434
2014 $5,360 $364,747 $104,512 $260,235
Source: Public Records

Agents Affiliated with this Home

  • Sebastian Stofenmacher

    Seller's Agent in 2016

    Sebastian Stofenmacher

    Edgestone Real Estate, Inc.

    (818) 464-5113

    2 in this area

    98 Total Sales

    Section Image

  • A

    Buyer's Agent in 2016

    Andy Azadzoi

    Diamond Real Estate Investment

    Section Image

  • C

    Seller's Agent in 2015

    CARLOS GARRIDO

    DYNASTY REAL ESTATE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16707320

California Regional Multiple Listing Service (CRMLS)

APN: 5239-004-049

California Los Angeles County Los Angeles 90023

1050 S Hicks Ave, Los Angeles, CA

This home is located at 1050 S Hicks Ave, Los Angeles, CA 90023 since 20 September 2016 and is currently estimated at $858,049, approximately $294 per square foot. This property was built in 1938. 1050 S Hicks Ave is a home located in Los Angeles County with nearby schools including Eastman Avenue Elementary School, Robert Louis Stevenson Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes