NOT LISTED FOR SALE

1125 Spence St Los Angeles, CA 90023

Boyle Heights Neighborhood

Estimated Value: $800,000 - $879,000

5 Beds
3 Baths
1,798 Sq Ft
$460/Sq Ft Est. Value

Last Sold January 06, 2015

Last sale price $460,000 $256 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,969/month

9 Days on Market

About This Home

As of January 2015

AMAZING 2 SEPERATE UNITS IN EASTLA ! OUTSTANDING CORNER LOT. FRONT UNIT IS 3 BEDS 2 BATHS. NEW DUAL PANE WINDOWS ,NEW RECESSED LIGHTING & ELECTRICITY. SPACIOUS GOURMET KITCHEN WITH QUARTZ COUNTERTOPS AND TOP OF THE LINE APPIANCES INCLUDED. WARM TWO TONE TILE IN BATHS WITH MODERN CABINETRY & ACCESORIES.ENCLOSED INDOOR LAUNDRY.CHOCOLATE COLORED LAMINATE FLOORS THROUGHOUT. HAS PRIVATELY ENCLOSED YARD FROM OTHER UNIT. BACK UNIT IS 2 BEDS 1 BATHS TENANT OCUPIED.FRESH EXTERIOR PAINT,NEW REMODELED KITCHEN & BATH PRIVATE YARD. PROPERTIES ARE NEWLY FRNCED ALL AROUND QUIET RESIDENTIAL YET LOCATED MINUTES OF 5,10,60 & 710 FWYS ,METRO RAIL,EAST LACC MONTEBELLO PLAZA,SHOPS & RESTAURANTS OF WHITTIER BLVD.

Last Agent to Sell the Property

Alicia Mendoza

Real Estate Connection License #01193650 Listed on: 11/14/2014

Co-Listed By

Martha Strain

NELA Homes License #01713910

Last Buyer's Agent

Gloria Martinez

Real Estate Connection License #01278865

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,963

Year Built

  • Built in 1920

Lot Details

  • 5,868 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,798 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 5190001024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,963

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5190001024
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 255.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5868.00
  • Lot Size Acres: 0.1350

Multi Family

  • Lot Size Area: 5868.0000 Square Feet
  • 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: Yes

Tax Info

  • Tax Lot: 74
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Dec 31, 2014
Sold by
Highland 53 Llc
Bought by
Huert Eduardo and Varela Sonia
Seller's Agent
Alicia Mendoza
Real Estate Connection
Buyer's Agent
Gloria Martinez
Real Estate Connection
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%
Current Estimated Value
$827,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,737
Avg. Annual Appreciation
5.61%
Original Mortgage
$451,668
Outstanding Balance
$347,484
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$480,253

Purchase Details

Listed on
Jul 6, 2014
Closed on
Aug 13, 2014
Sold by
Stahl Alberta P and Estate Of Norma Alicia Jaureg
Bought by
Highland 53 Llc
Seller's Agent
Julio Bonilla
Keller Williams Pacific Estates
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$255,000
Sold Price
$263,000
Premium/Discount to List
$8,000
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
417.75%
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
Huert Eduardo $460,000 Provident Title Company
Highland 53 Llc -- Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huert Eduardo $451,668
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2015 01/06/15 Sold $460,000 +2.4% $256 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $449,000 +70.7% $250 / Sq Ft
09/03/2014 09/03/14 Sold $263,000 +3.1% $146 / Sq Ft View Prior Sale
07/07/2014 07/07/14 Pending -- -- --
07/06/2014 07/06/14 For Sale $255,000 -91.2% $142 / Sq Ft
06/30/2014 06/30/14 Sold $2,900,000 +1037.3% $1,613 / Sq Ft View Prior Sale
05/16/2014 05/16/14 Pending -- -- --
04/20/2014 04/20/14 For Sale $255,000 -- $142 / 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 $6,963 $559,342 $360,551 $198,791
2024 $6,963 $548,376 $353,482 $194,894
2023 $6,832 $537,624 $346,551 $191,073
2022 $6,521 $527,083 $339,756 $187,327
2021 $6,437 $516,749 $333,095 $183,654
2020 $6,498 $511,711 $329,680 $182,031
2019 $6,248 $501,683 $323,216 $178,467
2018 $6,142 $491,852 $316,879 $174,973
2016 $5,795 $467,015 $304,575 $162,440
2015 $3,364 $263,000 $180,000 $83,000
2014 $1,569 $108,649 $55,594 $53,055
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alicia Mendoza

    Real Estate Connection

    (626) 915-7377

    2 in this area

    45 Total Sales

    Alicia Mendoza
    Section Image

  • M

    Seller Co-Listing Agent in 2015

    Martha Strain

    NELA Homes

    Section Image

  • G

    Buyer's Agent in 2015

    Gloria Martinez

    Real Estate Connection

    Section Image
  • Julio Bonilla

    Seller's Agent in 2014

    Julio Bonilla

    Keller Williams Pacific Estates

    (562) 355-8060

    2 in this area

    41 Total Sales

    Julio Bonilla
    Section Image

  • N

    Buyer's Agent in 2014

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    5,945 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14242273

California Regional Multiple Listing Service (CRMLS)

APN: 5190-001-024

California Los Angeles County Los Angeles 90023 Boyle Heights

1125 Spence St, Los Angeles, CA

This home is located at 1125 Spence St, Los Angeles, CA 90023 since 14 November 2014 and is currently estimated at $827,737, approximately $460 per square foot. This property was built in 1920. 1125 Spence St is a home located in Los Angeles County with nearby schools including Lorena Street Elementary School, Robert Louis Stevenson Middle School, and Theodore Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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