NOT LISTED FOR SALE

1144 E 23rd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $786,334 - $922,000

8 Beds
4 Baths
2,800 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $365,000 $130 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,829/month

56 Days on Market

About This Home

As of August 2012

Bank owned. Sold for 649K in 2006. Monstrous 2800 sq. ft. 6 year old duplex: 8 beds, 4 baths! No rent control! Spacious floorplans, laundry in each, separate meters, raised foundation (rare for new construction), completely gated 50x125 RD1.5 lot, quiet residential street. Lower unit vacant, upper unit will be delivered vacant @ COE. Directly east of USC and south of L.A. Live, etc.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #01915167 Listed on: 04/27/2012

Last Buyer's Agent

Daniel Diaz

License #01148097

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Disposal

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street
  • Sewer Paid

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5131-020-018

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2800
  • Lot Dimensions: 50x125
  • Stories: 2
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Garbage Disposal, Hood Fan
  • Price Per S Q F T: 135.68

Exterior Features

  • Construction: Stucco
  • Pool: No
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Sewer: In Street, On Site, Paid

Lot Info

  • Assessor Parcel Number: 5131-020-018
  • Lot Size Area: 6229

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: No
  • Type Of Units: REO duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
Aug 9, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gomez Gerardo
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Daniel Diaz
List Price
$407,000
Sold Price
$365,000
Premium/Discount to List
-$42,000
-10.32%
Current Estimated Value
$830,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,834
Avg. Annual Appreciation
6.35%
Original Mortgage
$273,750
Outstanding Balance
$188,658
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$642,176

Purchase Details

Closed on
Sep 8, 2011
Sold by
Benitez Lorenzo
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 17, 2006
Sold by
Benitez Maria
Bought by
Benitez Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,800
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 6, 2006
Sold by
Diamond Properties/Developments Inc
Bought by
Benitez Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
6.62%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 6, 2006
Sold by
Westminster Baptist Church
Bought by
Diamond Properties Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Gomez Gerardo $365,000 Lsi Title Company
Gomez Gerardo -- Lsi Title Company
Federal Home Loan Mortgage Corporation $623,046 Accommodation
Benitez Lorenzo -- Investors Title Company
Benitez Lorenzo $649,000 Investors Title Company
Diamond Properties Developments Inc $335,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Gerardo $273,750
Previous Owner Benitez Lorenzo $129,800
Previous Owner Benitez Lorenzo $519,200
Previous Owner Diamond Properties Developments Inc $251,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2012 08/16/12 Sold $365,000 -10.3% $130 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $407,000 -- $145 / Sq Ft
Source: The MLS

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 $5,715 $449,457 $178,058 $271,399
2024 $5,715 $440,645 $174,567 $266,078
2023 $5,610 $432,006 $171,145 $260,861
2022 $5,358 $423,537 $167,790 $255,747
2021 $5,282 $415,233 $164,500 $250,733
2019 $5,129 $402,920 $159,622 $243,298
2018 $5,022 $395,021 $156,493 $238,528
2016 $4,780 $379,683 $150,417 $229,266
2015 $4,713 $373,981 $148,158 $225,823
2014 $4,785 $366,656 $145,256 $221,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Leo Nordine

    Nordine Realtors, Inc.

  • D

    Buyer's Agent in 2012

    Daniel Diaz

See All Agents

Map

Source: The MLS

MLS Number: 12-596949

The MLS

APN: 5131-020-018

California Los Angeles County Los Angeles 90011 Historic South Central

1144 E 23rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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