NOT LISTED FOR SALE

1117 E 70th St Los Angeles, CA 90001

Estimated Value: $526,000 - $652,000

4 Beds
2 Baths
936 Sq Ft
$653/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $350,000 $374 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,830/month

251 Days on Market

About This Home

As of November 2016

Cute 2 bedrooms 1 bath duplex , relaxing front porch , composition shingle roof , block wall fence , plenty of parking in the back , long-term happy tenants which are not planning to move soon , no rent control .

Last Agent to Sell the Property

Margie Choron

Homequest Real Estate License #00934165 Listed on: 08/30/2016

Homequest Real Estate

Last Buyer's Agent

ANGELES ASENCIO

REH REAL ESTATE License #01177570

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,979

Year Built

  • Built in 1926

Lot Details

  • 5,412 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Brick Fence
  • Density is 2-5 Units/Acre

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 607
  • Tax Tract Number 5450
  • Assessor Parcel Number 6010011029

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $475
  • Water Sewer Expense $1,150
  • Operating Expense $6,686
  • Net Operating Income $16,714

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,979

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 5627191203
  • Other Phone Number: 5627191203
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 1150.00
  • Property Type: Residential Income
  • Parcel Number: 6010011029
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 373.93

Exterior Features

  • Fencing: Brick
  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5412.00
  • Price Per Lot Square Foot: 64.67
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 475.00
  • Lot Size Area: 5412.0000 Square Feet
  • Net Operating Income: 16714.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Operating Expense: 6686.00
  • Rent Control: No
  • Total Actual Rent: 2100.00
  • Total Expenses: 6686.00

Tax Info

  • Tax Lot: 607
  • Tax Tract Number: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Morales Alonso Colin and Morales Colin Alonso
Bought by
Morales Alonso Colin
Current Estimated Value
$611,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Outstanding Balance
$38,665
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$572,893

Purchase Details

Listed on
Aug 30, 2016
Closed on
Nov 16, 2016
Sold by
Tapia Alejandro
Bought by
Colin Alonso
Seller's Agent
Margie Choron
Homequest Real Estate
Buyer's Agent
ANGELES ASENCIO
REH REAL ESTATE
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$343,660
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 30, 2016
Closed on
Oct 17, 2016
Sold by
Colin Yesenia
Bought by
Colin Alonso
Seller's Agent
Margie Choron
Homequest Real Estate
Buyer's Agent
ANGELES ASENCIO
REH REAL ESTATE
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 26, 2015
Closed on
Jun 16, 2015
Sold by
Shin Sung An and Chung Hye Jin
Bought by
Tapia Alejandro
Seller's Agent
Chris Kim
Keller Williams Pacific Estate
Buyer's Agent
LISANDRO ABRANTES
Keller Williams Realty Downey
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.98%

Purchase Details

Listed on
Oct 29, 2012
Closed on
Feb 8, 2013
Sold by
Metro Central One Llc
Bought by
Shin Sung An and Chung Hye Jin
Seller's Agent
Chris Kim
Keller Williams Pacific Estate
Buyer's Agent
Chris Kim
Keller Williams Pacific Estate
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$161,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2010
Sold by
Cal Continental Capital Inc
Bought by
Metro Central One Llc

Purchase Details

Closed on
Jul 27, 2008
Sold by
Mortgage Electronic Registration System
Bought by
Metro Central One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2008
Sold by
Metro Central One Llc
Bought by
Cal Continental Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2007
Sold by
Dyer Laverne
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
May 5, 2005
Sold by
Sandoval Jose
Bought by
Dyer Laverne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,800
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 13, 2004
Sold by
Alvarez Jesus
Bought by
Alvarez Felipe and Alvarez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Alvarez Felipe and Alvarez Teresa
Bought by
Sandoval Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1994
Sold by
Anderson Joseph
Bought by
Alvarez Felipe and Alvarez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.8%
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
Morales Alonso Colin -- Stewart Title Guaranty Co
Colin Alonso $350,000 Pacific Coast Title
Colin Alonso -- Pacific Coast Title
Tapia Alejandro $265,000 Chicago Title
Shin Sung An $235,000 Provident Title Company
Metro Central One Llc -- None Available
Metro Central One Llc $215,636 Fidelity National Title
Cal Continental Capital Inc -- None Available
Mortgage Electronic Registration Systems $391,984 Accommodation
Dyer Laverne $391,000 --
Alvarez Felipe -- Southland Title
Sandoval Jose $240,000 Southland Title Company
Alvarez Felipe $115,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Alonso Colin $47,500
Open Morales Alonso Colin $380,000
Closed Colin Alonso $343,660
Previous Owner Tapia Alejandro $100,000
Previous Owner Tapia Alejandro $60,000
Previous Owner Shin Sung An $161,000
Previous Owner Metro Central One Llc $162,000
Previous Owner Cal Continental Capital Inc $85,000
Previous Owner Dyer Laverne $368,000
Previous Owner Dyer Laverne $88,000
Previous Owner Dyer Laverne $312,800
Previous Owner Sandoval Jose $192,000
Previous Owner Alvarez Felipe $92,000
Closed Sandoval Jose $48,000
Closed Dyer Laverne $78,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $350,000 0.0% $374 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $350,000 0.0% $374 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
07/12/2016 07/12/16 Price Changed $350,000 -9.1% $374 / Sq Ft
01/13/2016 01/13/16 For Sale $385,000 +45.3% $411 / Sq Ft
07/09/2015 07/09/15 Sold $265,000 0.0% $283 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $265,000 +10.4% $283 / Sq Ft
01/31/2013 01/31/13 Sold $240,000 -10.8% $256 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $269,000 -- $287 / 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 $5,979 $406,198 $266,931 $139,267
2024 $5,979 $398,235 $261,698 $136,537
2023 $5,714 $390,427 $256,567 $133,860
2022 $5,464 $382,773 $251,537 $131,236
2021 $5,406 $375,268 $246,605 $128,663
2020 $5,443 $371,621 $244,077 $127,544
2019 $5,249 $364,340 $239,292 $125,048
2018 $5,125 $357,200 $234,600 $122,600
2016 $4,003 $265,000 $199,400 $65,600
2015 $3,709 $240,782 $163,937 $76,845
2014 -- $236,066 $160,726 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV16009766

California Regional Multiple Listing Service (CRMLS)

APN: 6010-011-029