NOT LISTED FOR SALE

Estimated Value: $699,000 - $846,807

4 Beds
2 Baths
1,629 Sq Ft
$463/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $700,000 $430 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,858/month

49 Days on Market

Highlights

  • Laundry Room
  • No Heating
  • 1-Story Property

About This Home

As of November 2021

This is it! Your opportunity to buy 2 homes situated in an up and coming area of Los Angeles near schools, freeways and shopping centers. The property has great curb appeal with new sod and professional landscaping. There is a long driveway as well as a side entrance for the new ADU. The front unit is a newly remodeled 3 bedroom home and the rear unit is a NEW large 575 sq ft 1 bedroom ADU. Located near freeways and shopping centers! Corner lot is perfect for this new legal ADU. Two electrical meters give this home a sense of independence from each other . You are getting two homes on 1 lot. Front home offers a new custom kitchen and restroom along with paint and light fixtures. The open floor plan and new floors lead from the living room to the kitchen right into the dining area. There is custom tile work and new vanity and tub in the restroom. Each bedroom is nice sized and offers new paint , floors and ceiling fans. The ADU has great curb appeal with a very welcoming entrance. The rear unit is new and has new foundation, insulation, new drywall, new roof and electrical and plumbing including a tankless water heater. Features Washer and dryer hookups. New modern custom kitchen and restroom really help get you top dollar for this possible rental, or move in a family member. Act quickly, it will sell fast.
ADUs Certificate of occupancy will be 2021

Last Agent to Sell the Property

Jorge Acuna

Infinity Realty & Investments License #01825080 Listed on: 08/09/2021

Last Buyer's Agent

Cesar Cendejas

Realty Masters & Associates Inc License #01970462

Realty Masters & Associates Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,344

Year Built

  • Built in 1944

Lot Details

  • 5,135 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 1,629 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Private Water Source

Listing and Financial Details

  • Tax Lot 156
  • Tax Tract Number 5432
  • Assessor Parcel Number 6068004047

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $800
  • Fuel Expense $500
  • Insurance Expense $1,200
  • Trash Expense $2,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $800
  • Operating Expense $8,000
  • Gross Income $48,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,344

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 6068004047
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 429.71
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 2000.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System
  • Lot Size Sq Ft: 5135.00
  • Lot Size Acres: 0.1179

Multi Family

  • Electric Expense: 800.00
  • Fuel Expense: 500.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5135.0000 Square Feet
  • Net Operating Income: 40000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8000.00
  • Rent Control: No
  • Total Expenses: 8000.00

Tax Info

  • New Taxes Expense: 800.00
  • Tax Census Tract: 2430.00
  • Tax Lot: 156
  • Tax Tract Number: 5432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 30, 2021
Sold by
Mendez Rafael
Bought by
Rangel Maria Luisa
Seller's Agent
Jorge Acuna
Infinity Realty & Investments
Buyer's Agent
Cesar Cendejas
Realty Masters & Associates Inc
List Price
$674,999
Sold Price
$700,000
Premium/Discount to List
$25,001
3.7%
Current Estimated Value
$754,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,452
Avg. Annual Appreciation
1.46%
Original Mortgage
$552,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2020
Closed on
Jun 17, 2020
Sold by
Soloman Carlos and Soloman Rosalla
Bought by
Mendez Rafael
Seller's Agent
Steve Davis
Coldwell Banker Exclusive
Buyer's Agent
Christopher Wallace
Century 21 Cornerstone
List Price
$349,000
Sold Price
$325,100
Premium/Discount to List
-$23,900
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.28%

Purchase Details

Closed on
Dec 26, 2002
Sold by
Adame Pablo
Bought by
Soloman Carlos and Soloman Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
5.96%

Purchase Details

Closed on
Jul 9, 1998
Sold by
Adame Connie C
Bought by
Adame Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,693
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 1998
Sold by
Sanya Denny
Bought by
Adame Pablo and Soloman Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,693
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1997
Sold by
Sanya Chelon
Bought by
Sanya Denny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7.31%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Sanya Denny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7.31%

Purchase Details

Closed on
Jul 31, 1997
Sold by
Mcclendon Porter Sharon
Bought by
Home Svgs Of America Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 1997
Sold by
Mcclendon Porter Sharon
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
Sep 16, 1996
Sold by
Mcclendon Porter Sharon
Bought by
P S R & Associates Co
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
Rangel Maria Luisa $700,000 Corinthian Title Company
Mendez Rafael $325,500 Corinthian Title Company
Soloman Carlos -- American Title Co
Adame Pablo -- Investors Title Company
Adame Pablo $100,000 Investors Title Company
Sanya Denny -- Investors Title Company
Sanya Denny $61,000 Investors Title Company
Home Svgs Of America Fsb $67,825 Stewart Title
Home Svgs Of America Fsb $64,458 Stewart Title
P S R & Associates Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rangel Maria Luisa $552,000
Previous Owner Mendez Rafael $65,000
Previous Owner Mendez Rafael $420,000
Previous Owner Mendez Rafael $100,000
Previous Owner Soloman Carlos $50,000
Previous Owner Soloman Carlos $157,000
Previous Owner Soloman Carlos $123,750
Previous Owner Adame Pablo $99,693
Previous Owner Sanya Denny $61,000
Previous Owner P S R & Associates $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $700,000 +3.7% $430 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $674,999 -3.6% $414 / Sq Ft
08/09/2021 08/09/21 Off Market $700,000 -- --
08/09/2021 08/09/21 For Sale $674,999 +107.6% $414 / Sq Ft
06/23/2020 06/23/20 Sold $325,100 -6.8% $324 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $349,000 -- $348 / 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 $9,344 $742,845 $477,543 $265,302
2024 $9,344 $728,280 $468,180 $260,100
2023 $9,073 $714,000 $459,000 $255,000
2022 $8,659 $700,000 $450,000 $250,000
2021 $4,350 $328,467 $262,794 $65,673
2020 $2,480 $166,020 $84,403 $81,617
2019 $2,394 $162,766 $82,749 $80,017
2018 $2,283 $159,576 $81,127 $78,449
2016 $2,174 $153,381 $77,978 $75,403
2015 $2,142 $151,078 $76,807 $74,271
2014 $2,152 $148,120 $75,303 $72,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21157945

California Regional Multiple Listing Service (CRMLS)

APN: 6068-004-047