11513 Grape St Los Angeles, CA 90059
Watts NeighborhoodEstimated Value: $671,000 - $798,000
4
Beds
2
Baths
1,720
Sq Ft
$419/Sq Ft
Est. Value
Highlights
- 0.28 Acre Lot
- 4-minute walk to Willowbrook/Rosa Parks Station
- No HOA
- Traditional Architecture
- Granite Countertops
- Neighborhood Views
About This Home
As of September 2015LARGE DUPLEX - TOTAL REHAB: NEW PAINT INSIDE AND OUT, NEW WOOD, CARPET AND TILE FLOORING, NEW KITCHENS, NEW CABINETS, NEW GRANITE COUNTERS, NEW VANITIES, NEW BATHROOMS, NEW WALL HEATER, NEW LIGHTING, NEW DOORS, NEW HARDWARE, NEW DRYWALL, NEW TOILETS, NEW SHOWERS, NEW NEW NEW. ****BRING ALL FHA, VA, CONVENTIONAL, OR CASH OFFERS. **** GREAT INCOME PROPERTY OVER $44,000 POTENTIAL INCOME PER YEAR! DUPLEX IN FRONT IS 2/1 ON RIGHT SIDE AND THE LEFT SIDE UNIT IS 2/1 BUT SET UP AS A 3/1 WITH CLOSET IN LIVING ROOM. DETACHED BUILDING ON RIGHT SIDE IS A PERMITTED WASH ROOM, 2 HUGE 2 CAR GARAGES IN THE BACKYARD, 1 LARGE STORAGE SHED BETWEEN THE GARAGES. STANDARD SALE, READY TO SHOW NO BANKS TO DEAL WITH. ***MARKET RENT FOR DUPLEX $2800/MONTH, MARKET RENT FOR STORAGE IN REAR $900/MONTH, TOTAL ANNUAL GROSS INCOME $44,400 PER YEAR!! LIVE IN ONE UNIT AND RENT OUT THE REST AND LIVE FOR FREE OR EVEN MAKE MONEY EACH MONTH. ***PROPERTY ON A HUGE DOUBLE LOT OVER 12,000 SF AND EVERYTHING YOU SEE IS PERMITTED. QUIET STREET, NEAR CHURCH, GREAT LONG TERM NEIGHBORS AS WELL, ONE NEIGHBOR HAS LIVED ON THE STREET FOR 35+ YEARS AND LOVES THE AREA. THIS IS A GREAT DEAL FOR INVESTOR OR OWNER/USER, SHOW IT TODAY BEFORE IT'S GONE
Last Agent to Sell the Property
Peter Hanson, Broker License #01732322 Listed on: 07/07/2015
Last Buyer's Agent
REYNA DURAN
BONA REAL ESTATE PASADENA License #01239150
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,490
Year Built
- Built in 1922
Lot Details
- 0.28 Acre Lot
- 1 Common Wall
- Block Wall Fence
- Chain Link Fence
- Fence is in average condition
- Landscaped
- Paved or Partially Paved Lot
- Level Lot
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
- Two Garage Doors
- Driveway
- Off-Site Parking
Home Design
- Traditional Architecture
- Property Attached
- Cosmetic Repairs Needed
- Major Repairs Completed
- Fixer Upper
- Raised Foundation
- Interior Block Wall
- Composition Roof
- Stucco
Interior Spaces
- 1,720 Sq Ft Home
- Living Room
- Neighborhood Views
- Window Bars
- Granite Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Shed
- Outbuilding
- Rain Gutters
Utilities
- Wall Furnace
- Water Heater
Additional Features
- No Interior Steps
- Two Homes on a Lot
- Suburban Location
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 7471
- Assessor Parcel Number 6067001003
Community Details
Overview
- No Home Owners Association
- 6 Buildings
- 2 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $600
- Insurance Expense $850
- Trash Expense $480
- Water Sewer Expense $600
- New Taxes Expense $4,500
- Gross Income $3,700
- Net Operating Income $33,545
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2015
Closed on
Aug 11, 2015
Sold by
Buffallo Nikkle Llc
Bought by
Ramirez Tomas Luis
Seller's Agent
Peter Hanson
Peter Hanson, Broker
Buyer's Agent
REYNA DURAN
BONA REAL ESTATE PASADENA
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Total Days on Market
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,508
Avg. Annual Appreciation
7.72%
Original Mortgage
$343,660
Outstanding Balance
$267,155
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$454,353
Purchase Details
Closed on
Apr 8, 2015
Sold by
Montes Jose L
Bought by
Buffalo Nikle Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 2004
Sold by
Cuevas Yolanda
Bought by
Montes Jose L and Montes Josefa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 4, 2002
Sold by
Cuevas Yolanda
Bought by
Cuevas Yolanda and Montes Joaquin F
Purchase Details
Closed on
Feb 15, 2000
Sold by
Montes Joaquin F
Bought by
Cuevas Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,796
Interest Rate
8.27%
Mortgage Type
Unknown
Purchase Details
Closed on
May 24, 1999
Sold by
Nash Lettie B
Bought by
Nash Clarence Gregory
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,978
Interest Rate
6.86%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 6, 1999
Sold by
Nash Clarence G
Bought by
Cuevas Yolanda and Montes Joaquin F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,978
Interest Rate
6.86%
Mortgage Type
FHA
Purchase Details
Closed on
May 20, 1998
Sold by
Nash Clarence
Bought by
Nash Clarence Gregory
Purchase Details
Closed on
Dec 7, 1993
Sold by
Grimes Jennie
Bought by
Nash Clarence and Nash Clarence Gregory
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramirez Tomas Luis | $350,000 | First American Title Company | |
| Buffalo Nikle Llc | $200,000 | First American Title Company | |
| Montes Jose L | -- | United Title Company-La | |
| Cuevas Yolanda | -- | Ticor Title Company | |
| Cuevas Yolanda | -- | -- | |
| Nash Clarence Gregory | -- | United Title | |
| Cuevas Yolanda | $125,000 | United Title | |
| Nash Clarence Gregory | -- | -- | |
| Nash Clarence | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramirez Tomas Luis | $343,660 | |
| Previous Owner | Buffallo Nikkle Llc | $200,000 | |
| Previous Owner | Montes Jose L | $208,000 | |
| Previous Owner | Montes Jose L | $178,500 | |
| Previous Owner | Cuevas Yolanda | $14,000 | |
| Previous Owner | Cuevas Yolanda | $5,796 | |
| Previous Owner | Cuevas Yolanda | $123,978 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2015 09/10/15 | Sold | $350,000 | -2.8% | $203 / Sq Ft |
| 08/07/2015 08/07/15 | Pending | -- | -- | -- |
| 07/07/2015 07/07/15 | For Sale | $359,900 | -- | $209 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,490 | $406,198 | $278,537 | $127,661 |
| 2023 | $5,390 | $398,234 | $273,076 | $125,158 |
| 2022 | $5,155 | $390,426 | $267,722 | $122,704 |
| 2021 | $5,089 | $382,772 | $262,473 | $120,299 |
| 2019 | $4,943 | $371,421 | $254,689 | $116,732 |
| 2018 | $4,803 | $364,140 | $249,696 | $114,444 |
| 2016 | $4,582 | $350,000 | $240,000 | $110,000 |
| 2015 | $5,589 | $434,920 | $318,944 | $115,976 |
| 2014 | -- | $426,402 | $312,697 | $113,705 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Hanson
P
Seller's Agent in 2015
Peter Hanson
Peter Hanson, Broker
8 Total Sales
-
R
Buyer's Agent in 2015
REYNA DURAN
BONA REAL ESTATE PASADENA
(626) 449-8444
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC15146945
APN: 6067-001-003
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