NOT LISTED FOR SALE

1124 E 69th St Los Angeles, CA 90001

Estimated Value: $731,195 - $938,000

5 Beds
4 Baths
2,270 Sq Ft
$370/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $570,000 $251 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,167/month

14 Days on Market

About This Home

As of March 2018

This is a great investor opportunity. 4 Units in Los Angeles great for first time investor looking to live in one of the units.

Last Agent to Sell the Property

Marco Otero

Century 21 A Better Service License #01952996 Listed on: 02/05/2018

Century 21 A Better Service

Last Buyer's Agent

Marco Otero

Century 21 A Better Service License #01952996 Listed on: 02/05/2018

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,392 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 1 Car Garage

Home Design

  • 2,270 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 527
  • Tax Tract Number 5450
  • Assessor Parcel Number 6010011008

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Professional Management Expense $200
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,125
  • Operating Expense $13,125
  • Gross Income $51,864
  • Net Operating Income $45,864

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Professional Management Expense: 200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 6010011008
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 251.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 5392.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 51864.00
  • Gross Scheduled Income: 51864.00
  • Net Operating Income: 45864.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 3
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Actual Rent: 3122.00
  • Total Expenses: 13125.00

Tax Info

  • New Taxes Expense: 7125.00
  • Tax Census Tract: 5329.00
  • Tax Lot: 527
  • Tax Tract Number: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 21, 2018
Sold by
Gnanadesigan Abirarni
Bought by
Rodriguez Alberto and Rodriguez Esmeralda
Seller's Agent
Marco Otero
Century 21 A Better Service
Buyer's Agent
Marco Otero
Century 21 A Better Service
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%
Current Estimated Value
$839,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,799
Avg. Annual Appreciation
5.07%
Original Mortgage
$427,500
Outstanding Balance
$365,811
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$473,988

Purchase Details

Closed on
Jun 2, 2015
Sold by
Shah Paras
Bought by
Gnanadesigan Abirami

Purchase Details

Closed on
Mar 10, 2015
Sold by
Tdc Pacific Properties Inc
Bought by
Gnanadesigan Abirami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2013
Sold by
Crest Equities Llc
Bought by
Tdc/Pacific Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2011
Sold by
Almeida Martin Alfonso and Almeida Maricela
Bought by
Crest Equities Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Jauregui Maria E
Bought by
Almeida Martin Alfonso and Almeida Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
8.66%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 27, 2004
Sold by
Jauregui Maria E and Maldonado Miguel A
Bought by
Jauregui Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,450
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2002
Sold by
Montoya Rosario A
Bought by
Jauregui Maria E and Maldonado Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,755
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2001
Sold by
Salazar Domingo
Bought by
Montoya Rosario

Purchase Details

Closed on
Jun 28, 2000
Sold by
Sandoval Lila Salazar
Bought by
Salazar Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.55%

Purchase Details

Closed on
Jun 20, 2000
Sold by
Federal National Mortgage Association
Bought by
Salazar Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.55%

Purchase Details

Closed on
Nov 10, 1999
Sold by
Segura Elieser and Segura Maria
Bought by
Federal National Mortgage Association
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
Rodriguez Alberto $570,000 None Available
Gnanadesigan Abirami -- Fidelity National Title Co
Gnanadesigan Abirami $380,000 Fidelity National Title Co
Tdc/Pacific Properties Inc -- Ticor Title Riverside
Crest Equities Llc $215,000 Ticor Title Riverside
Almeida Martin Alfonso $600,000 Security Union Title Company
Jauregui Maria E -- Stewart Title Of Ca Inc
Jauregui Maria E -- Commerce Title
Montoya Rosario -- Investors Title Company
Salazar Domingo -- Investors Title Company
Salazar Domingo $130,000 Investors Title Company
Federal National Mortgage Association $166,558 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Alberto $427,500
Previous Owner Gnanadesigan Abirami $285,000
Previous Owner Tdc/Pacific Properties Inc $202,500
Previous Owner Almeida Martin Alfonso $480,000
Previous Owner Jauregui Maria E $235,450
Previous Owner Jauregui Maria E $206,755
Previous Owner Salazar Domingo $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $570,000 +3.6% $251 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $550,000 -- $242 / 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 $9,824 $648,556 $318,589 $329,967
2024 $9,824 $635,841 $312,343 $323,498
2023 $9,332 $623,374 $306,219 $317,155
2022 $8,935 $611,152 $300,215 $310,937
2021 $8,837 $599,170 $294,329 $304,841
2020 $8,897 $593,028 $291,312 $301,716
2019 $8,586 $581,400 $285,600 $295,800
2018 $7,590 $498,556 $316,879 $181,677
2016 $7,283 $479,198 $304,575 $174,623
2015 $5,525 $330,473 $183,596 $146,877
2014 -- $324,000 $180,000 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18027839

California Regional Multiple Listing Service (CRMLS)

APN: 6010-011-008