NOT LISTED FOR SALE

1149 S Concord St Los Angeles, CA 90023

Estimated Value: $768,000 - $1,234,022

5 Beds
3 Baths
3,748 Sq Ft
$285/Sq Ft Est. Value

Last Sold January 30, 2013

Last sale price $450,000 $120 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $6,453/month

36 Days on Market

Highlights

  • RV Access or Parking
  • Back Bay Views
  • 0.29 Acre Lot
  • Felicitas and Gonzalo Mendez High Rated A-
  • Gated Parking
  • Mediterranean Architecture

About This Home

As of January 2013

1149 & 1149 1/2 Concord Street in ELA. A MUST SEE !! An "UNBELIEVABLE SIGHT" This property consists of 2 units. An occupied 1,225 square foot 2 bedroom 1 bath front unit and a 2,524 square foot Mediterrainian style Mansion at the rear of a 12,589 square foot lot. The mansion was moved to this location from West L.A. and has all of the style of a million dollar home in ELA. Front unit features a formal dining room , newer kitchen , laundry room , 2 bedroom and 1 bath. The rear unit is a 3 bedroom 2 bath "MANSION" featuring a formal dining room and a super large living room facing the street view above all the otheer homes and a familyroom with wet bar and has a massive patio area at the top of the front stairs for entertainment or plain old leisure time. Home needs some upgrading and can be turned into a fabulous mansion style palace. Property has a long driveway for multiple cars as well as a 2 car detached garage. This property is a "MUST SEE" to appreicate it's greatness. Property is also minutes from downtow LA as well as blocks to Whittier Blvd shopping area and 2 blocks from entrance to 5 frwy south. Home alsio features a large concrete back yard for additional entertainment, or childrens play or basketball court !! "UNBELIEVEABLE !!!!

Last Agent to Sell the Property

Rudy Rodriguez

GEORGE MICHAEL REALTY License #00709414 Listed on: 11/01/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,243

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 53x240
  • No Common Walls
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Shared Driveway
  • Gated Parking
  • Parking Lot
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Back Bay
  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • 3,748 Sq Ft Home
  • Mediterranean Architecture

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 33 / 2
  • Tax Tract Number 4458
  • Assessor Parcel Number 5190012034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $720
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,000
  • Gross Income $1,167
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,243

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 323056462100
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Architectural Style: Mediterranean
  • Property Type: Residential Income
  • Parcel Number: 5190012034
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 120.06

Exterior Features

  • View: Back Bay, City Lights, Neighborhood, Panoramic
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage, Gated, Off Street, On Site, Parking Space, Private, RV Access/Parking, Garage - Single Door, Garage Faces Side, Shared Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 53x240
  • Lot Size Sq Ft: 12589.00
  • Lot Size Acres: 0.2890

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1224
  • Average3 Bed Area: 2524
  • Gross Income: 1167.00
  • Gross Scheduled Income: 14000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 12589.0000 Square Feet
  • Net Operating Income: 11000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Block: 2
  • Tax Lot: 33
  • Tax Tract Number: 4458

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2012
Sold by
Carrillo Eva and Toedora Monarrez Family Trust
Bought by
Rodgers Scott L and Rodgers Veronica Lane
Current Estimated Value
$1,068,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.33%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Rodgers Scott L $450,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodgers Scott L $515,000
Closed Rodgers Scott L $192,800
Previous Owner Rodgers Scott L $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2013 01/30/13 Sold $450,000 -9.1% $120 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
11/01/2012 11/01/12 For Sale $495,000 -- $132 / 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 $7,243 $554,134 $307,852 $246,282
2024 $7,243 $543,269 $301,816 $241,453
2023 $7,113 $532,618 $295,899 $236,719
2022 $6,803 $522,176 $290,098 $232,078
2021 $6,705 $511,938 $284,410 $227,528
2020 $6,764 $506,689 $281,494 $225,195
2019 $6,516 $496,755 $275,975 $220,780
2018 $6,246 $487,015 $270,564 $216,451
2016 $12,764 $468,105 $260,058 $208,047
2015 $5,857 $461,074 $256,152 $204,922
2014 $5,889 $452,043 $251,135 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB12136459

California Regional Multiple Listing Service (CRMLS)

APN: 5190-012-034