NOT LISTED FOR SALE

1121 E 111th Dr Los Angeles, CA 90059

Green Meadows Neighborhood

Estimated Value: $649,000 - $701,000

4 Beds
2 Baths
1,563 Sq Ft
$432/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $465,000 $298 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,086/month

77 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • East Facing Home
  • No HOA
  • Tile Flooring
  • Chain Link Fence

About This Home

As of October 2018

2 units in one lot, in the City of Los Angeles, near shopping centers, freeways and public transportation. Perfect opportunity to live in one and rent the other OR rent both units. Both units: 2 bedrooms one bath each. double garage, Seller is very motivated.

Last Agent to Sell the Property

Estela Tixe

Coldwell Banker Envision License #00988860 Listed on: 06/30/2018

Coldwell Banker Envision

Last Buyer's Agent

Angelica Horta

Prime Time Realty & Associates License #01295637

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,790 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,563 Sq Ft Home
  • 1-Story Property
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 67,6
  • Tax Tract Number 7137
  • Assessor Parcel Number 6072019002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $400
  • Operating Expense $400
  • Gross Income $9,029
  • Net Operating Income $9,029

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6072019002
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 297.50

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6790.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 9029.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 400.00
  • Net Operating Income: 9029.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2971.00
  • Rent Control: Yes
  • Total Expenses: 400.00

Tax Info

  • Tax Census Tract: 2409.00
  • Tax Lot: 67,6
  • Tax Tract Number: 7137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Sep 21, 2018
Sold by
Alvarado Manuela
Bought by
Rosas Micaela
Seller's Agent
Estela Tixe
Coldwell Banker Envision
Buyer's Agent
Angelica Horta
Prime Time Realty & Associates
List Price
$474,900
Sold Price
$465,000
Premium/Discount to List
-$9,900
-2.08%
Current Estimated Value
$674,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,476
Avg. Annual Appreciation
5.29%
Original Mortgage
$441,849
Outstanding Balance
$386,581
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$287,895

Purchase Details

Closed on
May 28, 2008
Sold by
Medina Fernando
Bought by
Alvarado Manuela

Purchase Details

Closed on
Oct 11, 2005
Sold by
Medina Rafael
Bought by
Medina Fernando and Alvarado Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 12, 2005
Sold by
Leon Cristina
Bought by
Medina Fernando and Alvarado Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 21, 2004
Sold by
Gutierrez Soledad
Bought by
Medina Fernando and Alvarado Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,200
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2000
Sold by
Baeza Ed
Bought by
Gutierrez Soledad and Esquivel Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,990
Interest Rate
8.53%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1996
Sold by
Baeza Victor
Bought by
Baeza Ed and Baeza Concepcion
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosas Micaela $465,000 Orange Coast Title Company
Alvarado Manuela -- None Available
Medina Fernando -- --
Medina Fernando -- Stewart Title Of California
Medina Fernando $260,000 Southland Title Company
Gutierrez Soledad $152,000 United Title Company
Baeza Ed -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosas Micaela $441,849
Previous Owner Medina Fernando $292,000
Previous Owner Medina Fernando $252,200
Previous Owner Gutierrez Soledad $150,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2018 10/23/18 Sold $465,000 0.0% $298 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
08/07/2018 08/07/18 Price Changed $464,900 -2.1% $297 / Sq Ft
06/30/2018 06/30/18 For Sale $474,900 -- $304 / 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 $6,711 $518,710 $351,385 $167,325
2024 $6,711 $508,541 $344,496 $164,045
2023 $6,586 $498,571 $337,742 $160,829
2022 $6,294 $488,796 $331,120 $157,676
2021 $6,213 $479,213 $324,628 $154,585
2019 $6,032 $465,000 $315,000 $150,000
2018 $5,666 $433,304 $286,154 $147,150
2016 $5,408 $416,481 $275,044 $141,437
2015 $5,328 $410,226 $270,913 $139,313
2014 $5,350 $402,192 $265,607 $136,585
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Estela Tixe

    Coldwell Banker Envision

    (323) 563-8813

    6 Total Sales

    Estela Tixe
    Section Image

  • A

    Buyer's Agent in 2018

    Angelica Horta

    Prime Time Realty & Associates

    (562) 261-5101

    1 in this area

    11 Total Sales

    Angelica Horta
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18159054

California Regional Multiple Listing Service (CRMLS)

APN: 6072-019-002

California Los Angeles County Los Angeles 90059 Green Meadows

1121 E 111th Dr, Los Angeles, CA

Not Listed for Sale

MultiFamily

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