NOT LISTED FOR SALE

Estimated Value: $872,980 - $968,000

8 Beds
4 Baths
2,356 Sq Ft
$393/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $650,000 $276 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,564/month

3 Days on Market

About This Home

As of July 2020

Property located near public transportation, 110 freeway and short distance to downtown Los Angeles. Walking distance to public schools in the area along to local plazas and stores. Great investment due to high density and the distance to Downtown Los Angeles.

Last Agent to Sell the Property

Johnny Martinez

Century Commercial RE Services License #01348305 Listed on: 06/05/2020

Last Buyer's Agent

Rob Jansen

Jansen Team Real Estate License #01799964

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 5,439 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,356 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 298 / H
  • Tax Tract Number 2
  • Assessor Parcel Number 5104025012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,745
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,500
  • Operating Expense $12,045
  • Gross Income $52,000
  • Net Operating Income $40,155

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5104025012
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 275.89

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5439.00
  • Lot Size Acres: 0.1249

Multi Family

  • Gross Income: 52000.00
  • Gross Scheduled Income: 52200.00
  • Insurance Expense: 2745.00
  • Lot Size Area: 5439.0000 Square Feet
  • Net Operating Income: 40155.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12045.00
  • Rent Control: Yes
  • Total Actual Rent: 52200.00
  • Total Expenses: 12045.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Block: H
  • Tax Census Tract: 2291.00
  • Tax Lot: 298
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 27, 2020
Sold by
Fiege Ryan T and Fiege Sarah
Bought by
Fiege Ryan and Fiege Sarah
Seller's Agent
Johnny Martinez
Century Commercial RE Services
Buyer's Agent
Rob Jansen
Jansen Team Real Estate
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%
Current Estimated Value
$925,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,995
Avg. Annual Appreciation
6.71%
Original Mortgage
$390,000
Outstanding Balance
$345,779
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$580,216

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 10, 2020
Sold by
Quinn James J and Quinn Patricia A
Bought by
Fiege Ryan T and Fiege Sarah
Seller's Agent
Johnny Martinez
Century Commercial RE Services
Buyer's Agent
Rob Jansen
Jansen Team Real Estate
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%

Purchase Details

Listed on
Aug 19, 2013
Closed on
Oct 4, 2013
Sold by
Guevara Fidel
Bought by
Quinn James J and Quinn Patricia A
Seller's Agent
Mike Garcia
REALTY WORLD CALIFORNIA PROPERTIES
Buyer's Agent
Johnny Martinez
L.A. R.E. NETWORK ERA
List Price
$369,000
Sold Price
$310,000
Premium/Discount to List
-$59,000
-15.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Jul 30, 2007
Sold by
Guevarra Epifania E
Bought by
Guevara Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2007
Sold by
Andrade Roberto
Bought by
Guevara Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2001
Sold by
Mykulphone An Empowerment Through Educat
Bought by
Andrade Roberto and Ramirez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,292
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 2001
Sold by
Hud
Bought by
Mykulphone An Empowerment Through Educat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2000
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Mar 7, 2000
Sold by
Palencia Leticia
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Feb 7, 2000
Sold by
White Mountains Services Corp
Bought by
Hud

Purchase Details

Closed on
Mar 27, 1998
Sold by
Finzi David B
Bought by
Palencia Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,026
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 1997
Sold by
Shaw Ometha
Bought by
Finzi David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.91%
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
Fiege Ryan -- Priority Title Company
Fiege Ryan T $650,000 Priority Title Company
Quinn James J $310,000 Old Republic Title Company
Guevara Fidel -- Fidelity National Title
Guevara Fidel $620,000 Fidelity National Title
Andrade Roberto $240,000 First American Title Co
Mykulphone An Empowerment Through Educat $120,000 --
Hud -- Landsafe Title
Countrywide Home Loans Inc $137,903 Landsafe Title
Hud -- --
Palencia Leticia $125,000 Fidelity National Title Ins
Finzi David B $65,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiege Ryan $390,000
Previous Owner Guevara Fidel $496,000
Previous Owner Andrade Roberto $236,292
Previous Owner Mykulphone An Empowerment Through Educat $114,750
Previous Owner Palencia Leticia $124,026
Previous Owner Finzi David B $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $650,000 +0.2% $276 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $649,000 +109.4% $275 / Sq Ft
10/25/2013 10/25/13 Sold $310,000 -16.0% $132 / Sq Ft View Prior Sale
08/20/2013 08/20/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $369,000 -- $157 / 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 $8,664 $703,578 $387,510 $316,068
2024 $8,664 $689,783 $379,912 $309,871
2023 $8,500 $676,259 $372,463 $303,796
2022 $8,109 $663,000 $365,160 $297,840
2021 $8,003 $650,000 $358,000 $292,000
2020 $4,530 $347,473 $201,758 $145,715
2019 $4,360 $340,660 $197,802 $142,858
2018 $4,260 $333,981 $193,924 $140,057
2016 $4,052 $321,014 $186,395 $134,619
2015 $3,996 $316,193 $183,596 $132,597
2014 $4,020 $310,000 $180,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20108799

California Regional Multiple Listing Service (CRMLS)

APN: 5104-025-012