NOT LISTED FOR SALE

10617 S Budlong Ave Los Angeles, CA 90044

Westmont Neighborhood

Estimated Value: $822,000 - $891,778

4 Beds
2 Baths
1,328 Sq Ft
$642/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $510,000 $384 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,441/month

75 Days on Market

About This Home

As of May 2018

GREAT INVESTMENT OPPORTUNITY! One unit can be vacated upon certain conditions. 2 on a lot. Front house has 2 bd/1ba with a large living room featuring a barrel ceiling, fireplace and picture window. Formal dining room. Spacious kitchen with a separate breakfast nook. The rear house has 2bd/1 ba. Large eat-in kitchen and a separate laundry room. Two car garage shared by tenants is used for storage only. Gated front and back. Large and open yard space in between the homes provides ample outdoor space for both properties. Buyers and their agents to verify and satisfy themselves with permits/maximum building capacity on the lot. Please do not disturb tenants. Please submit offers subject to an interior inspection. One of Sellers has a CA real estate license.

Last Agent to Sell the Property

Teresa Mack

Pacific Playa Realty License #01766118 Listed on: 01/07/2018

Pacific Playa Realty

Last Buyer's Agent

Obie Nwabuzor

Pacific Playa Realty License #02020522

Pacific Playa Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,062

Year Built

  • Built in 1933

Lot Details

  • 8,124 Sq Ft Lot

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Assigned Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6060-014-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,062

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1328
  • Stories: 1
  • Year Built: 1933
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Garbage Disposal, Hood Fan
  • Price Per S Q F T: 391.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Driveway - Combination
  • Total Parking: 2

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 118943
  • Assessed Land Value: 362602
  • Assessor Parcel Number: 6060-014-005
  • Geocode Override: No
  • Lot Size Area: 8124

Rental Info

  • Lease Per Month Year: Month

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2 on a lot
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2018
Closed on
Apr 4, 2018
Sold by
Lewis Elton and Lewis Viola Bea
Bought by
Okeke Nelson M and Oparah Ifunanya O
Seller's Agent
Teresa Mack
Pacific Playa Realty
Buyer's Agent
Obie Nwabuzor
Pacific Playa Realty
List Price
$520,000
Sold Price
$510,000
Premium/Discount to List
-$10,000
-1.92%
Current Estimated Value
$870,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,944
Avg. Annual Appreciation
7.36%
Original Mortgage
$408,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 12, 2013
Sold by
Lewis Elton and Lewis Viola Bea
Bought by
The Lewis Family Trust

Purchase Details

Closed on
Oct 24, 2012
Sold by
Lewis Elton
Bought by
Lewis Elton and Lewis Viola Bea

Purchase Details

Closed on
Mar 2, 2007
Sold by
Evt Real Estate Inc
Bought by
Lewis Elton

Purchase Details

Closed on
Jun 16, 2006
Sold by
Lewis Elton
Bought by
Evt Real Estate Inc and Artco Properties

Purchase Details

Closed on
Mar 20, 2006
Sold by
Guzman Gabriela and Rodriguez Guadalupe
Bought by
Lewis Elton

Purchase Details

Closed on
Aug 25, 1998
Sold by
Moran Ramon
Bought by
Guzman Gabriela and Rodriguez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,121
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 1997
Sold by
Moran Rocio
Bought by
Moran Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
7.23%

Purchase Details

Closed on
Nov 6, 1997
Sold by
The Bank Of New York
Bought by
Moran Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
7.23%

Purchase Details

Closed on
May 21, 1997
Sold by
Anguiano Jose M and Perez Jose M
Bought by
The Bank Of New York and Cwmbs Inc

Purchase Details

Closed on
Oct 10, 1994
Sold by
Mejia Rigoberto and Tejada Danilo A
Bought by
Anguiano Jose M and Perez Jose M

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
8.5%

Purchase Details

Closed on
Feb 9, 1994
Sold by
Villar Jose and Villar Flor A
Bought by
Mejia Rigoberto and Tejada Danilo A
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
Okeke Nelson M $510,000 Fidelity National Title Comp
The Lewis Family Trust -- Accommodation
Lewis Elton -- None Available
Lewis Elton -- None Available
Lewis Elton -- California Title Company
Evt Real Estate Inc -- California Title Company
Lewis Elton $425,000 None Available
Guzman Gabriela $200,000 Orange Coast Title
Moran Ramon -- Lawyers Title Company
Moran Ramon $112,500 Lawyers Title Company
The Bank Of New York $170,000 Landsafe Title
Anguiano Jose M $175,000 Pacific Title Guaranty Compa
Mejia Rigoberto -- Benevest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okeke Nelson M $424,500
Previous Owner Okeke Nelson M $408,000
Previous Owner Guzman Gabriela $72,000
Previous Owner Guzman Gabriela $194,121
Previous Owner Moran Ramon $112,200
Previous Owner Anguiano Jose M $157,500
Closed Moran Ramon $18,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $510,000 -1.9% $384 / Sq Ft
01/07/2018 01/07/18 For Sale $520,000 -- $392 / 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 $8,062 $580,289 $341,347 $238,942
2024 $8,062 $568,911 $334,654 $234,257
2023 $7,762 $557,757 $328,093 $229,664
2022 $7,413 $546,821 $321,660 $225,161
2021 $7,331 $536,100 $315,353 $220,747
2020 $7,064 $530,604 $312,120 $218,484
2019 $7,113 $520,200 $306,000 $214,200
2018 $6,753 $491,175 $369,854 $121,321
2016 $5,391 $380,000 $304,000 $76,000
2015 $5,378 $380,000 $304,000 $76,000
2014 $5,473 $380,000 $304,000 $76,000
Source: Public Records

Agents Affiliated with this Home

  • Teresa Mack

    Seller's Agent in 2018

    Teresa Mack

    Pacific Playa Realty

    (323) 377-9379

    107 Total Sales

    Section Image
  • Obie Nwabuzor

    Buyer's Agent in 2018

    Obie Nwabuzor

    Pacific Playa Realty

    (310) 200-4649

    160 Total Sales

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Map

Source: The MLS

MLS Number: 18-301056

The MLS

APN: 6060-014-005

California Los Angeles County Los Angeles 90044 Westmont

10617 S Budlong Ave, Los Angeles, CA

This home is located at 10617 S Budlong Ave, Los Angeles, CA 90044 since 07 January 2018 and is currently estimated at $852,195, approximately $641 per square foot. This property was built in 1933. 10617 S Budlong Ave is a home located in Los Angeles County with nearby schools including Woodcrest Elementary School, George Washington Preparatory High School, and Teach Academy Of Technologies.

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