$760,000
SOLD DEC 3, 2024
5 Beds
3 Baths
1,536 Sq Ft
5,228 Sq Ft Lot

Recently Sold

$495 Per Sq Ft

9% Above List Price

9 Days on Market

Highlights

  • No HOA
  • Living Room
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2024

Charming Duplex in Prime Location – Perfect for Homeowners and Investors! This duplex will be delivered VACANT, offering an excellent opportunity to live in one unit and collect rent from the other to help with your mortgage. Conveniently located just minutes from Exposition Park, USC, BMO Stadium, the California Science Center, and the Coliseum, with easy access to freeways and downtown Los Angeles. The front unit features 3 spacious bedrooms, including a primary suite with a private bathroom, an additional bathroom for convenience, and a recently remodeled kitchen, ideal for the family chef. The second unit boasts 2 comfortable bedrooms and one bathroom, making it great for tenants or a big family. Each unit has separate gas, electric, and water heaters for independence and privacy. Enjoy ample parking throughout the property, complemented by a large, low-maintenance backyard perfect for vehicle storage, with alley access at the back for added convenience. The property has been recently painted inside and out, and washer and dryer connections are available. Don’t miss this fantastic investment opportunity in a prime location!

Last Agent to Sell the Property

GUILLERMO CRUZ

BLVD ESTATE PROPERTIES Brokerage Phone: 818-339-3034 License #01498323 Listed on: 10/22/2024

Last Buyer's Agent

Walter Lopez

WGRES Inc. License #01884265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1909

Lot Details

  • 5,228 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Parking Available
  • Driveway
  • Uncovered Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 5002024029
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $1,700
  • Water Sewer Expense $1,500
  • Operating Expense $6,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,009

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 349950
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5002024029
  • Year Built: 1909
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 494.79
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Uncovered

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1700.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5228.00
  • Lot Size Acres: 0.1200

Multi Family

  • Insurance Expense: 3000.00
  • Lot Size Area: 5228.0000 Square Feet
  • 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
  • Total Expenses: 6200.00

Tax Info

  • Tax Census Tract: 2326.02
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Nov 26, 2024
Sold by
Mejia Alfredo Ernesto and Mejia Berta A
Bought by
Krishna Sachin and Krishna Shreya
Seller's Agent
GUILLERMO CRUZ
BLVD ESTATE PROPERTIES
Buyer's Agent
Walter Lopez
WGRES Inc.
List Price
$699,900
Sold Price
$760,000
Premium/Discount to List
$60,100
8.59%
Views
22
Current Estimated Value
$760,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516
Avg. Annual Appreciation
-0.45%
Original Mortgage
$746,234
Outstanding Balance
$740,670
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$16,670

Purchase Details

Closed on
Jun 5, 2014
Sold by
Mejia Alfredo Ernesto
Bought by
Mejia Alfredo Ernesto and Mejia Berta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Demejia Berta A Ramirez
Bought by
Mejia Alfredo Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
5.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 2009
Sold by
Nationstar Mortgage Llc
Bought by
Mejia Alfredo Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
5.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 20, 2008
Sold by
Mendoza Nereyda
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 5, 2007
Sold by
Sterling Investment Funding Llc
Bought by
Mendoza Nereyda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.63%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 8, 2005
Sold by
Robinson Margaret G
Bought by
Sterling Investment Funding

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
6.35%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Grant Deed $760,000 Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- First American Title
Grant Deed $250,000 First American Title Ins Co
Trustee Deed $450,000 Accommodation
Grant Deed $610,000 Fidelity National Title Co
Trustee Deed $375,100 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $746,234 FHA
Previous Owner $233,000 New Conventional
Previous Owner $245,471 Seller Take Back
Previous Owner $488,000 Balloon
Previous Owner $400,000 Unknown
Previous Owner $0 Unknown
Previous Owner $82,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $760,000 0.0% $495 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/29/2024 10/29/24 Off Market $760,000 -- --
10/22/2024 10/22/24 For Sale $699,900 -- $456 / 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 $4,009 $760,000 $710,000 $50,000
2024 $4,009 $316,364 $155,524 $160,840
2023 $3,937 $310,162 $152,475 $157,687
2022 $3,763 $304,082 $149,486 $154,596
2021 $3,707 $298,120 $146,555 $151,565
2019 $3,598 $289,279 $142,209 $147,070
2018 $3,514 $283,608 $139,421 $144,187
2016 $3,348 $272,597 $134,008 $138,589
2015 $3,300 $268,504 $131,996 $136,508
2014 $2,743 $209,000 $103,000 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24218488

California Regional Multiple Listing Service (CRMLS)

APN: 5002-024-029