NOT LISTED FOR SALE

Estimated Value: $733,000 - $969,000

6 Beds
3 Baths
2,673 Sq Ft
$326/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $490,000 $183 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,539/month

31 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • Wall Furnace

About This Home

As of January 2018

PROBATE. OFFER ACCEPTED. MINIMUM 1ST OVERBID IS $515,000. COURT DATE IS 12/19/17 AT 8:30 AM, 111 N. HILL ST. L.A. DEPT. 5. PLEASE MAKE CASHIERS CHECK FOR $51,500.00 PAYABLE TO "CLEO JONES FAMILY TRUST” BP 154602. NO CONTINGENCIES. MUST CLOSE WITHIN 10 DAYS OF ESCROW RECEIVING THE COURT ORDER CONFIRMING THE SALE. COMMISSION PAID TO BROKER REPRESENTING SUCCESSFUL BIDDER ONLY.
Duplex with rear unit getting $1,300 per month and front unit delivered vacant. Front unit rehabbed featuring new kitchen cabinets with quartz counter tops and new stainless steel appliances. New paint inside and out. New light fixtures. Baths have been upgraded. Tile flooring. New carpeting. Inside laundry in both units. Unincorporated LA so may not be subject to rent control, buyer to investigate. Great opportunity!

Last Agent to Sell the Property

Larry Bovshow

Trust Properties USA,Inc License #00768672 Listed on: 09/18/2017

Last Buyer's Agent

William Neri

William Neri, Broker License #01862347

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,806

Year Built

  • Built in 1916

Lot Details

  • 9,230 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Home Design

  • 2,673 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 168
  • Assessor Parcel Number 6056009015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,806

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LCR320U*
  • Property Type: Residential Income
  • Parcel Number: 6056009015
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 183.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 9230.00

Multi Family

  • Gross Income: 36000.00
  • Gross Multiplier: 14.50
  • Gross Scheduled Income: 36000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1300.00

Tax Info

  • Tax Census Tract: 6001.00
  • Tax Lot: 168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2017
Sold by
Federizo Aileen and Cleo Jones Family Trust
Bought by
Diaz Lino and Gonzalez Rosa A
Total Days on Market
31
Current Estimated Value
$870,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2016
Sold by
Bass Lara and Estate Of Cleo Jones
Bought by
Bass Lara and Jones Cornell
Source: Public Records

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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 Lino $490,000 Usa National Title Company I
Bass Lara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Lino $481,124
Previous Owner Jones Cleo $305,000
Previous Owner Jones Cornell $170,000
Previous Owner Jones Cornell $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $490,000 -6.7% $183 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $525,000 -- $196 / 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
2024 $7,806 $546,600 $334,654 $211,946
2023 $7,512 $535,884 $328,093 $207,791
2022 $7,178 $525,377 $321,660 $203,717
2021 $7,094 $515,076 $315,353 $199,723
2020 $7,144 $510,496 $312,120 $198,376
2019 $6,884 $500,500 $306,000 $194,500
2018 $2,603 $141,170 $58,136 $83,034
2016 $2,480 $135,018 $55,880 $79,138
2015 $2,448 $132,991 $55,041 $77,950
2014 $2,457 $130,387 $53,963 $76,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17214084

California Regional Multiple Listing Service (CRMLS)

APN: 6056-009-015