NOT LISTED FOR SALE

Estimated Value: $743,000 - $798,264

3 Beds
2 Baths
1,856 Sq Ft
$420/Sq Ft Est. Value

Last Sold January 15, 2014

Last sale price $365,000 $197 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,683/month

54 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Wrought Iron Fence
  • Wood Flooring
  • Laundry Room
  • Wall Furnace

About This Home

As of January 2014

Charming newly remodeled LA duplex home ready for move-in today! Whether you are an investor or a potential homeowner looking to lease out the second unit, this property is the perfect opportunity! The living areas of both the front and back units of this wonderful property boast gorgeous hardwood flooring—freshly refinished in the front and brand new laminate in the rear! Each unit also features its own completely remodeled chef’s kitchen with new tile flooring, new cabinets, and stunning new granite counters! Both units also boast pristinely remodeled bathrooms that feature new tiling, elegant new vanities, and beautiful new shower/bathtubs! Detached two car garage as well as ample extra parking; laundry hook-ups inside; located within minutes of schools, parks, the 110 freeway, USC, LA Coliseum, Slauson Super Mall, Hollywood Park, and LAX. This amazing property is a fantastic owner/investor opportunity that will not be available for long, so bring your client by today and see for yourself!!

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 06/07/2013

Last Buyer's Agent

Anthony Arana

Executive Bankers Realty License #01225477

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,597

Year Built

  • Built in 1927

Lot Details

  • 5,572 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,856 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 90
  • Tax Tract Number 4438
  • Assessor Parcel Number 6033015046

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,597

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office
  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6033015046
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Stone, Wood
  • Price Per Square Foot: 196.66
  • Room Type: Living Room

Exterior Features

  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 5572.00
  • Lot Size Acres: 0.1280

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 5572.0000 Square Feet
  • Net Operating Income: 36000.00
  • 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: 90
  • Tax Tract Number: 4438
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2013
Sold by
Wedgewood Reo I Ll
Bought by
Nwanonenyi Adaeze Nkeiruka
Current Estimated Value
$780,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2013
Sold by
Martingale Investments Llc
Bought by
Wedgewood Reo I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2013
Sold by
Ramirez Jose
Bought by
Martingale Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2011
Sold by
Bolanos Isaac and Bolanos Maria A
Bought by
Ramirez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2009
Sold by
Equilend Capital Group Llc
Bought by
Bolanos Issac and Bolanos Maria Asuncion

Purchase Details

Closed on
Jan 30, 2009
Sold by
Atlantic Winward Llc
Bought by
Equilend Capital Group Llc

Purchase Details

Closed on
Jan 29, 2009
Sold by
Us Bank National Association
Bought by
Atlantic Windward Llc

Purchase Details

Closed on
Jun 26, 2008
Sold by
Mcgowan Gilbert A
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 19, 2005
Sold by
Evans Tafauwn
Bought by
Mcgowan Gilbert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 8, 2005
Sold by
Evans Patsy A
Bought by
Evans Tafauwn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 13, 2004
Sold by
Jenkins Clyde
Bought by
Evans Patsy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2004
Sold by
Evans Dale Warner
Bought by
Evans Patsy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nwanonenyi Adaeze Nkeiruka $365,000 Title 365
Wedgewood Reo I Llc -- Accommodation
Martingale Investments Llc $278,000 Accommodation
Ramirez Jose $265,000 Priority Title
Bolanos Issac $257,000 None Available
Equilend Capital Group Llc $174,000 None Available
Atlantic Windward Llc $174,000 None Available
Us Bank Na $433,228 None Available
Mcgowan Gilbert A $500,000 New Century Title Glendale
Evans Tafauwn -- --
Evans Patsy A $353,000 Ticor Title Co Glendale
Evans Patsy Ann -- Ticor Title Co Glendale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nwanonenyi Adaeze Nkeiruka $395,000
Closed Nwanonenyi Adaeze Nkeiruka $328,000
Previous Owner Nwanonenyi Adaeze Nkeiruka $358,388
Previous Owner Martingale Investments Llc $0
Previous Owner Ramirez Jose $35,000
Previous Owner Ramirez Jose $198,750
Previous Owner Mcgowan Gilbert A $400,000
Previous Owner Evans Patsy A $282,400
Closed Evans Patsy A $70,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $365,000 -3.9% $197 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $379,900 -- $205 / 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 $5,597 $447,430 $324,849 $122,581
2024 $5,597 $438,658 $318,480 $120,178
2023 $5,496 $430,058 $312,236 $117,822
2022 $5,251 $421,626 $306,114 $115,512
2021 $5,178 $413,360 $300,112 $113,248
2020 $5,227 $409,122 $297,035 $112,087
2019 $5,028 $401,101 $291,211 $109,890
2018 $4,942 $393,237 $285,501 $107,736
2016 $4,716 $377,968 $274,415 $103,553
2015 $4,649 $372,292 $270,294 $101,998
2014 $3,632 $279,261 $220,998 $58,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13108534

California Regional Multiple Listing Service (CRMLS)

APN: 6033-015-046