NOT LISTED FOR SALE

Estimated Value: $856,000 - $1,272,669

5 Beds
3 Baths
2,498 Sq Ft
$441/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $1,050,000 $420 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,143/month

68 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Central Heating

About This Home

As of June 2022

Great opportunity to own these units in close proximity to the new SoFi Stadium and Hollywood Park Casino. Front house features three bedrooms and two bathrooms. Second unit features two bedrooms and one bathroom. Property has gated entry with access to the long driveway and garages. Easy access to major freeways and near all amenities. Don't miss out on these units! They are a must see.

Last Agent to Sell the Property

LAURA ALBA

KW VISION License #01749057 Listed on: 01/05/2022

KW VISION

Last Buyer's Agent

Clifford Aragon

No Firm Affiliation License #02092880

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,008 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac

Parking

  • 4 Car Garage

Home Design

  • 2,498 Sq Ft Home
  • Duplex
  • Cosmetic Repairs Needed

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 46
  • Tax Tract Number 287
  • Assessor Parcel Number 4037011026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • Operating Expense $5,100
  • Gross Income $15,600
  • Net Operating Income $57,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Window Bars
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LCR2YY
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4037011026
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 420.34

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 6008.00
  • Lot Size Acres: 0.1379

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 15600.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6008.0000 Square Feet
  • Net Operating Income: 57300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5100.00
  • Rent Control: Yes
  • Total Expenses: 5100.00

Tax Info

  • Tax Census Tract: 6017.00
  • Tax Lot: 46
  • Tax Tract Number: 287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Vanegas Joseph
Bought by
Magana Henry Villanueva
Current Estimated Value
$1,101,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,981
Interest Rate
5.27%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 16, 2019
Sold by
Perez Raul M and Perez Carmen
Bought by
Vanegas Joseph
Seller's Agent
Salvador Hernandez
Century 21 Allstars
Buyer's Agent
LAURA ALBA
KW VISION
List Price
$775,000
Sold Price
$745,000
Premium/Discount to List
-$30,000
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$731,506
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2006
Sold by
Zarate Jacobo Z and Jimenez Carmen Zarate
Bought by
Perez Raul M and Perez Carmen

Purchase Details

Closed on
Dec 1, 2004
Sold by
Perez Raul M and Perez Carmen
Bought by
Zarate Jacabo Z and Jimenez Carmen Zarate

Purchase Details

Closed on
Oct 12, 2004
Sold by
Zarate Jacob Z and Jimenez Carmen Zarate
Bought by
Perez Raul M and Perez Carmen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Magana Henry Villanueva $1,050,000 Corinthian Title
Vanegas Joseph $745,000 Lawyers Title
Perez Raul M -- None Available
Zarate Jacabo Z -- --
Perez Raul M -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magana Henry Villanueva $1,030,981
Previous Owner Vanegas Joseph $731,506
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2022 06/16/22 Sold $1,050,000 +5.0% $420 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
01/28/2022 01/28/22 Price Changed $1,000,000 -16.7% $400 / Sq Ft
01/05/2022 01/05/22 For Sale $1,200,000 +61.1% $480 / Sq Ft
09/24/2019 09/24/19 Sold $745,000 -3.9% $298 / Sq Ft View Prior Sale
08/13/2019 08/13/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $775,000 -- $310 / 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 $16,202 $1,114,267 $891,414 $222,853
2024 $16,202 $1,092,420 $873,936 $218,484
2023 $15,722 $1,071,000 $856,800 $214,200
2022 $11,937 $767,772 $618,340 $149,432
2021 $11,608 $752,718 $606,216 $146,502
2020 $11,401 $745,000 $600,000 $145,000
2019 $6,228 $377,195 $185,464 $191,731
2018 $6,020 $369,800 $181,828 $187,972
2016 $5,461 $355,442 $174,768 $180,674
2015 $5,314 $350,104 $172,143 $177,961
2014 $5,283 $343,246 $168,771 $174,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22000737

California Regional Multiple Listing Service (CRMLS)

APN: 4037-011-026