NOT LISTED FOR SALE

1140 S Record Ave Los Angeles, CA 90023

Estimated Value: $688,000 - $906,958

3 Beds
2 Baths
1,022 Sq Ft
$798/Sq Ft Est. Value

Sale Details

Date Sold: January 2, 2014

Last sale price $225,000 $220 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $5,104 / mo

36 Days on Market

About This Home

As of January 2014

Great Investment Property!!!!! This home has a lot of potential for upgrades and expansion. This house sit in the middle of the cul-de-sac. The house has been rezoned to R-3 = limited multiple residence zone. Close too the freeways and shopping center. Please bring all buyers to view property.

Last Agent to Sell the Property

Rachel Acuna

RACHEL O. ACUNA, BROKER License #01233327 Listed on: 11/05/2013

Last Buyer's Agent

Rachel Acuna

RACHEL O. ACUNA, BROKER License #01233327 Listed on: 11/05/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 7,099 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

Parking

  • 2 Parking Spaces

Home Design

  • 1,022 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4510
  • Assessor Parcel Number 5241002002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Other Expense $800
  • Trash Expense $450
  • New Taxes Expense $3,250
  • Gross Income $16,800
  • Net Operating Income $13,634

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

7,099 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5241002002
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 220.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7099.00
  • Lot Size Acres: 0.1630

Multi Family

  • Gross Income: 16800.00
  • Gross Scheduled Income: 16800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7099.0000 Square Feet
  • Net Operating Income: 13634.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3166.00
  • Other Expense: 800.00
  • Other Expense Description: 3250
  • Rent Control: No
  • Total Actual Rent: 1400.00

Tax Info

  • New Taxes Expense: 3250.00
  • Tax Lot: 4
  • Tax Tract Number: 4510
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2018
Sold by
Bought by
Current Estimated Value
$815,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Outstanding Balance
$111,671
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$704,069

Purchase Details

Listed on
Nov 5, 2013
Closed on
Dec 11, 2013
Sold by
Bought by
Seller's Agent
Rachel Acuna
RACHEL O. ACUNA, BROKER
Buyer's Agent
Rachel Acuna
RACHEL O. ACUNA, BROKER
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$160,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Timios Title
$225,000 Chicago Title Company
-- Accommodation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $127,000
Closed $160,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/02/2014 01/02/14 Sold $225,000 -13.5% $220 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
11/05/2013 11/05/13 For Sale $260,000 -- $254 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,470 $568,341 $220,649 $347,692
2024 $8,168 $557,198 $216,323 $340,875
2023 $7,865 $546,274 $212,082 $334,192
2022 $7,403 $535,564 $207,924 $327,640
2021 $7,313 $525,064 $203,848 $321,216
2020 $7,365 $519,681 $201,758 $317,923
2019 $7,098 $509,492 $197,802 $311,690
2018 $6,917 $499,503 $193,924 $305,579
2016 $3,368 $232,993 $186,395 $46,598
2015 $3,317 $229,495 $183,596 $45,899
2014 $3,606 $225,000 $180,000 $45,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rachel Acuna

    RACHEL O. ACUNA, BROKER

    (626) 643-4807

    11 Total Sales

    Rachel Acuna
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13225105

California Regional Multiple Listing Service (CRMLS)

APN: 5241-002-002

California Los Angeles County Los Angeles 90023

1140 S Record Ave, Los Angeles, CA

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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