NOT LISTED FOR SALE

Estimated Value: $791,000 - $901,102

4 Beds
4 Baths
2,212 Sq Ft
$379/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $715,000 $323 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,419/month

14 Days on Market

About This Home

As of March 2022

Attention all Investors! 2 Detached SFR in a great Los Angeles rental area just minutes from all freeways, shopping, and entertainment including the new Sofi Stadium, and the Forum. This property consists of (1) 2 Bedroom 3 Bath Front Unit & (1) 2 Bedroom 1 Bath Back Unit. Plenty of parking on a 9,414 Lot Size, Zoned R3. Perfect opportunity for an investor to generate great rental income. Rent out both homes for a great monthly return on investment and also enjoy the great appreciation on a property in a thriving neighborhood. Buyer and Buyer's Broker/Agent advised to independently verify all information herein and satisfy their own due diligence. ***The Front unit can be delivered vacant***

Last Agent to Sell the Property

Rod Melgoza

CENTURY 21 REALTY MASTERS License #01456039 Listed on: 01/10/2022

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Rod Melgoza

CENTURY 21 REALTY MASTERS License #01456039 Listed on: 01/10/2022

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,167

Year Built

  • Built in 1931

Lot Details

  • 9,414 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,212 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Property is near public transit
  • Private Water Source

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 1208
  • Assessor Parcel Number 6056003048
  • $1,129 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $34,800
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,167

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Other Phone Description: 310-894-2229
  • Price Per Unit: 365000
  • Property Attached: No
  • Zoning: LCR320U*
  • Property Type: Residential Income
  • Parcel Number: 6056003048
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 323.24

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 9414.00
  • Lot Size Acres: 0.2161

Multi Family

  • Gross Income: 34800.00
  • Gross Scheduled Income: 34800.00
  • Lot Size Area: 9414.0000 Square Feet
  • Net Operating Income: 34800.00
  • 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: No

Tax Info

  • Tax Census Tract: 6001.00
  • Tax Lot: 20
  • Tax Tract Number: 1208
  • TaxOtherAnnualAssessmentAmount: 1129.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Jan 24, 2022
Sold by
Gomez Salinas Jesus
Bought by
2021 Modesto & Griselda Avila Family Trust
Seller's Agent
Rod Melgoza
CENTURY 21 REALTY MASTERS
Buyer's Agent
Rod Melgoza
CENTURY 21 REALTY MASTERS
List Price
$730,000
Sold Price
$715,000
Premium/Discount to List
-$15,000
-2.05%
Current Estimated Value
$839,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,026
Avg. Annual Appreciation
4.69%
Original Mortgage
$536,250
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2014
Sold by
Salinas Jesus Rivas and Salinas Jesus Gomez
Bought by
Salinas Jesus Gomez

Purchase Details

Closed on
Mar 22, 2013
Sold by
Salinas Tomasa
Bought by
Salinas Jesus Rivas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Sold by
Salinas Jesus Rivas
Bought by
Salinas Jesus Rivas and Salinas Jesus Gomez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 1998
Sold by
Salinas Jesus R
Bought by
Salinas Jesus Rivas and Salinas Tomasa
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
2021 Modesto & Griselda Avila Family Trust $715,000 New Title Company Name
Salinas Jesus Gomez -- None Available
Salinas Jesus Rivas -- First American Title Ins Co
Salinas Jesus Rivas -- First American Title Ins Co
Salinas Jesus Rivas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2021 Modesto & Griselda Avila Family Trust $536,250
Previous Owner Salinas Jesus Gomez $277,500
Previous Owner Salinas Jesus Rivas $159,750
Previous Owner Salinas Jesus Rivas $180,000
Previous Owner Salinas Jesus Rivas $175,000
Previous Owner Salinas Jesus Rivas $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $715,000 -2.1% $323 / Sq Ft
01/19/2022 01/19/22 For Sale $730,000 +2.1% $330 / Sq Ft
01/17/2022 01/17/22 Off Market $715,000 -- --
01/10/2022 01/10/22 For Sale $730,000 -- $330 / 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 $10,167 $758,763 $530,604 $228,159
2024 $10,167 $743,886 $520,200 $223,686
2023 $9,830 $729,300 $510,000 $219,300
2022 $3,349 $190,674 $178,556 $12,118
2021 $3,308 $186,936 $175,055 $11,881
2020 $3,242 $185,521 $173,261 $12,260
2019 $3,144 $181,894 $169,864 $12,030
2018 $3,010 $178,338 $166,534 $11,804
2016 $2,876 $170,934 $160,068 $10,866
2015 $2,836 $168,367 $157,664 $10,703
2014 $2,928 $165,070 $154,576 $10,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22005373

California Regional Multiple Listing Service (CRMLS)

APN: 6056-003-048