NOT LISTED FOR SALE

1063 N Hicks Ave Los Angeles, CA 90063

Estimated Value: $643,731 - $1,018,000

3 Beds
2 Baths
1,496 Sq Ft
$564/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $340,000 $227 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $5,712/month

126 Days on Market

About This Home

As of April 2016

ALL UNITS NEED MAJOR REPAIRS PROPERTY HAS A LOT OF POTENTIAL, LOCATED ON A RESIDENTIAL STREET MINUTES AWAY FROM DOWNTOWN LOS ANGELES. THE PROPERTY IS FOR INVESTORS DUE TO THE PROPERTY CONDITION THE PROPERTY PROFILE SHOWS 4 UNITS HAS 3 BR/ 4 BA
HOWEVER LEGALLY THE PROPERTY HAS ONLY A 3 BR 1 B T SINGLE HOUSE AND A STUDIO THERE ARE SOME ADDITIONS AND ALTERATIONS TO THE PROPERTY WITHOUT A PERMIT THE SELLER WILL NOT MAKE ANY REPAIRS ON THE PROPERTY BUYER SHOULD DO THEIR RESPECTIVE DUE DILIGENCE AND CITY INVESTIGATION FOR ALL USES AND PERMIT WITH THE CITY OF LOS ANGELES THE PROPERTY IS ZONING R 2

Last Agent to Sell the Property

Guadalupe Lizarraga

LIZARRAGA REALTY License #01161247 Listed on: 08/10/2015

Last Buyer's Agent

May Kunka

Compass-Pasadena License #01782069

Compass-Pasadena

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,960

Year Built

  • Built in 1924

Lot Details

  • 6,322 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage
  • Up Slope from Street

Home Design

  • 1,496 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 5750
  • Assessor Parcel Number 5229023008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,960

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5229023008
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 227.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 6322.00
  • Price Per Lot Square Foot: 53.78
  • Lot Size Acres: 0.1450

Multi Family

  • Lot Size Area: 6322.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 5750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2017
Sold by
Lam Kristopher and Lam Huong
Bought by
Lam Kristopher and Lam Huong
Current Estimated Value
$891,636

Purchase Details

Listed on
Aug 10, 2015
Closed on
Apr 4, 2016
Sold by
Martinez Eleanor and Estate Of Apolonia Ynostroza V
Bought by
Lam Kristopher and Lam Huong
Seller's Agent
Guadalupe Lizarraga
LIZARRAGA REALTY
Buyer's Agent
May Kunka
Compass-Pasadena
List Price
$465,000
Sold Price
$340,000
Premium/Discount to List
-$125,000
-26.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
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
Lam Kristopher -- None Available
Lam Kristopher $340,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $340,000 -26.9% $227 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $465,000 -- $311 / 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 $9,960 $652,964 $355,136 $297,828
2024 $9,960 $640,162 $348,173 $291,989
2023 $9,465 $627,611 $341,347 $286,264
2022 $9,062 $615,305 $334,654 $280,651
2021 $8,957 $603,242 $328,093 $275,149
2020 $9,017 $597,057 $324,729 $272,328
2019 $144 $573,051 $318,362 $254,689
2018 $8,397 $561,816 $312,120 $249,696
2016 $2,243 $43,235 $15,505 $27,730
2015 $2,222 $42,587 $15,273 $27,314
2014 $2,930 $41,753 $14,974 $26,779
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Guadalupe Lizarraga

    LIZARRAGA REALTY

    (562) 201-5368

    1 Total Sale

    Section Image
  • May Kunka

    Buyer's Agent in 2016

    May Kunka

    Compass-Pasadena

    (626) 202-6030

    88 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB15141767

California Regional Multiple Listing Service (CRMLS)

APN: 5229-023-008

California Los Angeles County Los Angeles 90063

1063 N Hicks Ave, Los Angeles, CA

This home is located at 1063 N Hicks Ave, Los Angeles, CA 90063 since 10 August 2015 and is currently estimated at $844,183, approximately $564 per square foot. This property was built in 1924. 1063 N Hicks Ave is a home located in Los Angeles County with nearby schools including Harrison Street Elementary School, Belvedere 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

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