NOT LISTED FOR SALE

Estimated Value: $687,112

2 Beds
3 Baths
1,461 Sq Ft
$470/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $615,000 $421 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,328/month

20 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of July 2022

Attention investors. Great investment opportunity. Come and see this three units in South Central Los Angeles. It consists of a big one bedroom duplex. Each unit has a large patio and porch. It has a commercial unit in the front that could have multiple uses. This property has a huge lot with parking space up to 10 cars, large sliding security gate. This property needs some minor repairs and it's sold in its present condition, AS IS. Cash buyers preferred. See remarks for more unit's information.

Last Agent to Sell the Property

Moises Martinez

REALTY MASTERS & ASSOCIATES, INC. License #00837282 Listed on: 04/30/2022

REALTY MASTERS & ASSOCIATES, INC.

Last Buyer's Agent

Donna O'Reilly

Realty Masters & Associates License #01314383

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,011

Year Built

  • Built in 1957

Lot Details

  • 6,891 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 1,461 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 143
  • Tax Tract Number 243100
  • Assessor Parcel Number 6067005023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,011

Year Built

Built in 1957

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • Price Per Unit: 199833
  • Property Attached: No
  • Zoning: LAC2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6067005023
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 420.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6891.00
  • Lot Size Acres: 0.1582

Multi Family

  • Lot Size Area: 6891.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 143
  • Tax Tract Number: 243100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2025
Sold by
Pyramid Investments Inc
Bought by
Diaz Alejandro
Current Estimated Value
$687,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,510
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 30, 2022
Closed on
May 26, 2022
Sold by
Martinez Family Revocable Trust
Bought by
Pyramid Investments Inc
Seller's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
Buyer's Agent
Donna O'Reilly
Realty Masters & Associates
List Price
$599,500
Sold Price
$615,000
Premium/Discount to List
$15,500
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$430,500
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2003
Sold by
Mariscal Roberto
Bought by
Chavez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2003
Sold by
Wheeler Verta B and The Verta B Wheeler Family Liv
Bought by
Chavez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.54%
Mortgage Type
Commercial
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
Diaz Alejandro $800,000 Pacific Coast Title
Pyramid Investments Inc $615,000 Stewart Title Of California In
Chavez Patricia -- American Title Co
Chavez Patricia $142,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Alejandro $785,510
Previous Owner Pyramid Investments Inc $448,000
Previous Owner Pyramid Investments Inc $430,500
Previous Owner Chavez Patricia $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $615,000 +2.6% $421 / Sq Ft
06/30/2022 06/30/22 For Sale $599,500 -2.5% $410 / Sq Ft
05/20/2022 05/20/22 Off Market $615,000 -- --
05/20/2022 05/20/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $599,500 -2.5% $410 / Sq Ft
05/10/2022 05/10/22 Off Market $615,000 -- --
04/30/2022 04/30/22 For Sale $599,500 -- $410 / 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 $8,011 $603,432 $436,968 $166,464
2024 $8,011 $591,600 $428,400 $163,200
2023 $7,864 $580,000 $420,000 $160,000
2022 $3,154 $193,780 $98,255 $95,525
2021 $3,111 $189,981 $96,329 $93,652
2019 $3,519 $184,348 $93,473 $90,875
2018 $3,361 $180,735 $91,641 $89,094
2016 $3,198 $173,720 $88,084 $85,636
2015 $3,144 $171,111 $86,761 $84,350
2014 $3,135 $167,760 $85,062 $82,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22089355

California Regional Multiple Listing Service (CRMLS)

APN: 6067-005-023