NOT LISTED FOR SALE

11518 Mona Blvd Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $498,000 - $670,770

4 Beds
2 Baths
1,092 Sq Ft
$502/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $370,000 $339 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,356/month

35 Days on Market

About This Home

As of October 2020

MONEY MAKING OPPORTUNITY!!! 2 UNITS one lot. (Duplex) Rent them both or live in one and rent the other. Don't miss this excellent opportunity! Property sits on a corner lot. Currently one unit is rented by long time tenant. Both unit to be delivered vacant by close of escrow. Each unit has 2 bedrooms, one bath and 2 parking spaces each. They are in the heart of LA close to the 105 FWY, and metro lines. Very commuter friendly. Great for a buyer/investor with vision. Come with a great imagination to make it a perfect investment! PROPERTY SOLD AS IS.

Last Agent to Sell the Property

Ra-son Theus

Hoffman Theus License #01843711 Listed on: 04/09/2020

Hoffman Theus

Last Buyer's Agent

Fabiola Rodriguez

Fabiola Rodriquez, Broker License #01366904

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,814

Year Built

  • Built in 1945

Lot Details

  • 6,286 Sq Ft Lot

Home Design

  • 1,092 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6067-021-039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,814

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1092
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 361.72

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Cooling: Gas, Wall Unit(s)
  • Heating: Wall
  • Water Expense: 900.00

Fee Information

  • Insurance Expense: 3950.00
  • Trash Expense: 900.00

Lot Info

  • Assessed Improvement Value: 97368
  • Assessed Land Value: 97368
  • Assessor Parcel Number: 6067-021-039
  • Geocode Override: No
  • Lot Size Area: 6286

Rental Info

  • Total Actual Rent: 44400.00

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 8.72
  • Number Of Units: 2
  • Type Of Units: Duplex

Tax Info

  • Tax Expense: 3365.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
Oct 16, 2020
Sold by
Freedom Assembly Inc
Bought by
Garcia Jorge A Ceron and Garcia Rhayff B
Seller's Agent
Ra-son Theus
Hoffman Theus
Buyer's Agent
Fabiola Rodriguez
Fabiola Rodriquez, Broker
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%
Current Estimated Value
$548,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,443
Avg. Annual Appreciation
8.16%
Original Mortgage
$388,387
Outstanding Balance
$344,820
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$203,623

Purchase Details

Closed on
Apr 7, 2001
Sold by
Weeks Ronald
Bought by
Freedom Assembly Inc

Purchase Details

Closed on
Nov 24, 1999
Sold by
Freedon Assembly Inc
Bought by
Weeks Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
10.99%

Purchase Details

Closed on
Jan 12, 1999
Sold by
Hud
Bought by
Freedom Assembly Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,700
Interest Rate
6.63%

Purchase Details

Closed on
Sep 10, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Nov 20, 1996
Sold by
Rios R Maximo Manuel R and Rios Violanda
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Sep 1, 1994
Sold by
Rivera Juan Rios
Bought by
Rios R Maximo Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,986
Interest Rate
7.92%

Purchase Details

Closed on
Jul 21, 1994
Sold by
Rios Zoila Marina
Bought by
Rivera Juan Rios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,986
Interest Rate
7.92%

Purchase Details

Closed on
Apr 26, 1994
Sold by
Davis Seneitha
Bought by
Rivera Juan Rios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
8.73%
Source: Public Records

Range of Values:

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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
Garcia Jorge A Ceron $370,000 Stewart Title Company
Freedom Assembly Inc -- --
Weeks Ronald $126,000 Gateway Title Company
Freedom Assembly Inc $44,000 --
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $126,145 Benefit Land Title Ins Co
Rios R Maximo Manuel $117,000 Old Republic Title Company
Rivera Juan Rios -- Gateway Title Company
Rivera Juan Rios $55,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jorge A Ceron $388,387
Previous Owner Weeks Ronald $81,900
Previous Owner Freedom Assembly Inc $43,700
Previous Owner Rios R Maximo Manuel $112,986
Previous Owner Rivera Juan Rios $38,500
Closed Weeks Ronald $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $370,000 -6.3% $339 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $395,000 -- $362 / 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 $5,814 $400,498 $324,729 $75,769
2024 $5,814 $392,646 $318,362 $74,284
2023 $5,551 $384,948 $312,120 $72,828
2022 $5,307 $377,400 $306,000 $71,400
2021 $5,247 $370,000 $300,000 $70,000
2019 $3,365 $202,602 $101,301 $101,301
2018 $3,278 $198,630 $99,315 $99,315
2017 $3,218 $194,736 $97,368 $97,368
2016 $910 $190,918 $95,459 $95,459
2015 $904 $188,052 $94,026 $94,026
2014 $913 $184,370 $92,185 $92,185
Source: Public Records

Agents Affiliated with this Home

  • Ra-son Theus

    Seller's Agent in 2020

    Ra-son Theus

    Hoffman Theus

    (323) 898-2953

    33 Total Sales

    Ra-son Theus
    Section Image

  • F

    Buyer's Agent in 2020

    Fabiola Rodriguez

    Fabiola Rodriquez, Broker

See All Agents

Map

Source: The MLS

MLS Number: 20-569760

The MLS

APN: 6067-021-039

California Los Angeles County Los Angeles 90059 Watts

11518 Mona Blvd, Los Angeles, CA

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