$295,000
SOLD MAY 9, 2018
2 Beds
2 Baths
1,412 Sq Ft
4,843 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

15% Below List Price

154 Days on Market

About This Home

As of July 2018

SALE CONFIRMED IN COURT ON March 15, 2018. Court confirmation for the subject sale is scheduled March 15, 2018 at 8:30 am in Dept 29, at the LA Superior Court in Downtown Los Angeles. Asking Price is the 1st minimum overbid amount. All potential over bidders must bring a cashier's check for at least 10% of the first minimum overbid amount, payable to "The Richard E. Holder and Mary A Holder Trust". Call/email/text listing agent for details. Both units are currently occupied. Long-term tenants. Sold "As Is" and "Where Is". Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Seller not responsible for any repairs that may be needed. Close of escrow to be within 30 days from receipt of the certified Court order confirming the sale.

Last Agent to Sell the Property

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 08/01/2017

Last Buyer's Agent

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 08/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,992

Year Built

  • Built in 1923

Lot Details

  • 4,843 Sq Ft Lot

Home Design

  • 1,412 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5101-023-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,992

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1412
  • Probate: Yes
  • Year Built: 1923
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 219.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 2000.00

Lot Info

  • Assessed Improvement Value: 18404
  • Assessed Land Value: 10540
  • Assessor Parcel Number: 5101-023-012
  • Geocode Override: No
  • Lot Size Area: 4843

Rental Info

  • Court Approve: Yes
  • Total Actual Rent: 14520.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 27.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 9337.50
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 4938.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2019
Sold by
Noy Nini
Bought by
Gal Noy Ran and Gal Noy
Current Estimated Value
$673,733

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 15, 2018
Sold by
Shah Nirmanshu and Shah Anjali
Bought by
Noy Nini
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$395,000
Sold Price
$435,000
Premium/Discount to List
$40,000
10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$315,000
Outstanding Balance
$275,263
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$389,570

Purchase Details

Listed on
Aug 1, 2017
Closed on
Apr 10, 2018
Sold by
Siegel Jeffrey and The Richard E And Mary A Holde
Bought by
Shah Nirmanshu and Shah Anjali
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Vinny Jain
Ingenious Asset Group, Inc.
List Price
$349,000
Sold Price
$295,000
Premium/Discount to List
-$54,000
-15.47%

Purchase Details

Closed on
Feb 28, 2013
Sold by
Martinez Capital Group Llc
Bought by
Martinez Javier M and Martinez Beatriz

Purchase Details

Closed on
Feb 11, 2009
Sold by
Holder Richard E and Holder Mary A
Bought by
Holder Richard E and Holder Mary A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $435,000 Old Republic Title Company
Grant Deed $295,000 Old Republic Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $435,000 +10.1% $308 / Sq Ft
05/10/2018 05/10/18 For Sale $395,000 +33.9% $280 / Sq Ft
05/09/2018 05/09/18 Sold $295,000 -4.9% $209 / Sq Ft
03/16/2018 03/16/18 Price Changed $310,250 -11.1% $220 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
08/01/2017 08/01/17 For Sale $349,000 -- $247 / Sq Ft
Source: The MLS

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 $5,992 $475,732 $262,473 $213,259
2023 $5,878 $466,405 $257,327 $209,078
2022 $5,608 $457,261 $252,282 $204,979
2021 $5,536 $448,296 $247,336 $200,960
2020 $5,590 $443,700 $244,800 $198,900
2019 $5,373 $435,000 $240,000 $195,000
2018 $566 $30,112 $10,965 $19,147
2016 $526 $28,944 $10,540 $18,404
2015 $521 $28,510 $10,382 $18,128
2014 $537 $27,952 $10,179 $17,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-256842

The MLS

APN: 5101-023-012