NOT LISTED FOR SALE

Estimated Value: $842,000 - $885,612

6 Beds
2 Baths
1,769 Sq Ft
$490/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $762,500 $431 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,676/month

Highlights

  • Golf Course Community
  • City Lights View
  • Park
  • Gated Parking
  • Traditional Architecture
  • Recessed Lighting

About This Home

As of January 2021

An amazing opportunity to own this well maintained, income-producing duplex. Just walking distance from the new SOFI Stadium, home of the Los Angeles Rams. Each unit features a 3BD & 1BTH. Live in the upstairs unit and collect income from your downstairs tenant. THE CITY HAS APPROVED NEW WINDOWS AND A/C FOR THE PROPERTY. Enjoy the spacious backyard, 2 car detached garage and city views. Centrally located to the 105 and 405FWY. A great opportunity for a buyer looking to "owner occupy" or an investor. Property to be sold in it's As-Is condition. Please DO NOT disturb tenants.

Last Agent to Sell the Property

Eena Douglass

eXp Realty of California Inc License #02071249 Listed on: 12/16/2020

eXp Realty of California Inc

Last Buyer's Agent

Josh Stepakoff

Pinnacle Estate Properties License #02045840

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,910

Year Built

  • Built in 1947

Lot Details

  • 5,943 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Fence is in fair condition
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Gated Parking

Property Views

  • City Lights
  • Woods
  • Neighborhood

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,769 Sq Ft Home
  • Recessed Lighting
  • Panel Doors
  • Range Hood
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 13235

Community Details

Recreation

  • Golf Course Community
  • Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,800
  • Other Expense $840
  • Water Sewer Expense $1,500
  • Operating Expense $4,140
  • Gross Income $41,220
  • Net Operating Income $37,080

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,910

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Door Features: Panel Doors
  • Price Per Square Foot: 431.03

Exterior Features

  • View: City Lights, Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Fair Condition, Wrought Iron
  • Pool Private: No
  • Roof: Other
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door, Gated
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5943.00
  • Lot Size Acres: 0.1364
  • Latitude Manual: 33.93933300

Multi Family

  • Gross Income: 41220.00
  • Gross Scheduled Income: 41220.00
  • Lot Size Area: 5943.0000 Square Feet
  • Net Operating Income: 37080.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4140.00
  • Other Expense: 840.00
  • Other Expense Description: Gas
  • Rent Control: Yes
  • Total Actual Rent: 3435.00
  • Total Expenses: 4140.00

Tax Info

  • Tax Area: 1-225
  • Tax Lot: 20
  • Tax Tract Number: 13235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 20, 2021
Sold by
Stafford Alvin D and Stafford Stacey R
Bought by
Munoz Rigoberto
Seller's Agent
Eena Douglass
eXp Realty of California Inc
Buyer's Agent
Josh Stepakoff
Pinnacle Estate Properties
List Price
$705,000
Sold Price
$762,500
Premium/Discount to List
$57,500
8.16%
Current Estimated Value
$863,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,668
Avg. Annual Appreciation
2.87%
Original Mortgage
$700,548
Outstanding Balance
$628,098
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$238,555

Purchase Details

Closed on
Oct 18, 2017
Sold by
Stafford Stacey
Bought by
Stafford Alvin D and Stafford Stacey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,100
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 29, 2012
Closed on
May 1, 2012
Sold by
Inmobiliarias
Bought by
Stafford Stacey
Seller's Agent
Edwin Acevedo
Century 21 LOTUS
Buyer's Agent
Nikita Knowles
Knowles & Morgan Realty
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$301,788
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2011
Sold by
Glothen Charles E
Bought by
Inmobiliarias Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2011
Sold by
Lig Llc
Bought by
Mcglothen Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2011
Sold by
Lig Llc
Bought by
Mcglothen Charles E and Lig Llc

Purchase Details

Closed on
Jan 27, 2011
Sold by
Mcglothen Charles E and Mcglothen Charles E
Bought by
Lig Llc

Purchase Details

Closed on
Sep 16, 1998
Sold by
Mcglothen Charles E and The Mcglothen Trust
Bought by
Mcglothen Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,520
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 1998
Sold by
Mcglothen Charles E and Mcglothen Charles E
Bought by
Mcglothen Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,520
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 1997
Sold by
Mcglothen Charles E
Bought by
Mcglothen Charles E

Purchase Details

Closed on
Jul 18, 1997
Sold by
Emc Mortgage Corp
Bought by
Mcglothen Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,644
Interest Rate
7.42%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Munoz Rigoberto $762,500 Lawyers Title Company
Stafford Alvin D -- Fidelity National Title Co
Stafford Stacey $320,000 Lsi
Inmobiliarias Llc $180,000 Lsi Title Company
Mcglothen Charles E -- Fidelity National Title Co
Mcglothen Charles E -- None Available
Lig Llc -- None Available
Mcglothen Charles E -- Universal Title Company
Mcglothen Charles E -- --
Mcglothen Charles E -- --
Mcglothen Charles E $145,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Rigoberto $100,000
Open Munoz Rigoberto $700,548
Previous Owner Stafford Alvin D $455,000
Previous Owner Stafford Alvin D $387,100
Previous Owner Stafford Stacey $301,788
Previous Owner Inmobiliarias Llc $197,500
Previous Owner Mcglothen Charles E $139,520
Previous Owner Mcglothen Charles E $140,644
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $762,500 +8.2% $431 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $705,000 +120.3% $399 / Sq Ft
05/08/2012 05/08/12 Sold $320,000 -8.3% $181 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $349,000 -- $197 / 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 $10,910 $825,352 $577,747 $247,605
2024 $10,910 $809,169 $566,419 $242,750
2023 $10,451 $793,304 $555,313 $237,991
2022 $9,959 $777,750 $544,425 $233,325
2021 $5,313 $371,322 $290,097 $81,225
2020 $5,350 $367,516 $287,123 $80,393
2019 $5,160 $360,311 $281,494 $78,817
2018 $5,098 $353,247 $275,975 $77,272
2016 $4,887 $339,531 $265,259 $74,272
2015 $4,815 $334,432 $261,275 $73,157
2014 $4,821 $327,881 $256,157 $71,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20251994

California Regional Multiple Listing Service (CRMLS)

APN: 6058-016-022