NOT LISTED FOR SALE

1162 E 73rd St Los Angeles, CA 90001

Estimated Value: $667,000 - $872,000

6 Beds
3 Baths
1,281 Sq Ft
$619/Sq Ft Est. Value

Last Sold June 04, 2012

Last sale price $315,000 $246 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,846/month

13 Days on Market

Highlights

  • Granite Countertops
  • Cooling Available
  • Ceiling Fan
  • No HOA
  • Laundry Room
  • Turnkey

About This Home

As of June 2012

CHARMING TRI-PLEX!!!
STANDARD SALE!!!**NOT AN REO OR SHORT SALE**STANDARD SALE!!! BEAUTIFULLY RENOVATED TRI-PLEX 3BEDROOM, 2 BEDROOM & 1 BEDROOM ALL 3 UNITS ARE IN MOVE IN READY CONDITION WITH ALL THE UPGRADES *FHA OFFERS WELCOME!**CONVENTIONAL AND VA WELCOME!**NOT AN REO OR SHORT SALE* THIS HOME HAS NEW INTERIOR AND EXTERIOR PAINT, GRANITE COUNTER TOPS IN KITCHEN W/ GRANITE IN THE BATHROOMS, NEW FIXTURES, CEILING FANS, SINKS, TILE FLOORING, UPGRADED PLUSH CARPET, ETC!!! HOME IS ON A QUIET STREET AND NEARBY THE 110 FREEWAY WITH EASY ACCESS. READY TO MOVE IN IMMEDIATELY. PRICED TO SELL, THIS HOME WILL NOT LAST LONG. BUYER TO VERIFY ALL INFO FOR ITS ACCURACY. (APPLIANCES WILL BE INSTALLED PRIOR TO CLOSE OF ESCROW)

Last Agent to Sell the Property

JESSICA TRAN

PLATINUM REAL ESTATE GROUP License #01338491 Listed on: 04/27/2012

Last Buyer's Agent

Wendy Estevez

Big Blue House Real Estate License #01279709

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,334

Year Built

  • Built in 1924

Lot Details

  • 4,730 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Turnkey

Interior Spaces

  • 1,281 Sq Ft Home
  • Ceiling Fan
  • Carpet
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling Available
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 910
  • Tax Tract Number 5450
  • Assessor Parcel Number 6024003017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $700
  • Insurance Expense $500
  • Trash Expense $500
  • Water Sewer Expense $800
  • New Taxes Expense $500
  • Gross Income $3,000
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,334

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 714-400-1151
  • Other Phone Number: 714-400-1511
  • Water Sewer Expenses: 800.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6024003017
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Flooring: Carpet
  • Price Per Square Foot: 245.90

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Trash Expense: 500.00
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4730.00
  • Lot Size Acres: 0.1090

Multi Family

  • Electric Expense: 700.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 500.00
  • Lot Size Area: 4730.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 500.00
  • Tax Lot: 910
  • Tax Tract Number: 5450
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
May 3, 2012
Sold by
Shark Investments Llc
Bought by
Andrade Carlos Manuel
Seller's Agent
JESSICA TRAN
PLATINUM REAL ESTATE GROUP
Buyer's Agent
Wendy Estevez
Big Blue House Real Estate
List Price
$309,990
Sold Price
$315,000
Premium/Discount to List
$5,010
1.62%
Current Estimated Value
$792,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,522
Avg. Annual Appreciation
7.53%
Original Mortgage
$304,486
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2011
Sold by
Walker Ruth
Bought by
Shark Investments Llc
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
Andrade Carlos Manuel $315,000 Fidelity National Title
Shark Investments Llc $130,000 Old Republic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Carlos Manuel $12,646
Closed Andrade Carlos Manuel $10,395
Closed Andrade Carlos Manuel $10,195
Closed Andrade Carlos Manuel $12,095
Open Andrade Carlos Manuel $285,425
Closed Andrade Carlos Manuel $304,486
Previous Owner Walker Ruth $273,000
Previous Owner Walker Ruth $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2012 06/04/12 Sold $315,000 +1.6% $246 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $309,990 -- $242 / 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 $6,334 $395,643 $282,606 $113,037
2024 $6,334 $387,886 $277,065 $110,821
2023 $5,984 $380,282 $271,633 $108,649
2022 $5,738 $372,826 $266,307 $106,519
2021 $5,677 $365,517 $261,086 $104,431
2020 $5,712 $361,770 $258,409 $103,361
2019 $5,521 $354,678 $253,343 $101,335
2018 $5,394 $347,725 $248,376 $99,349
2016 $5,181 $334,224 $238,732 $95,492
2015 $5,107 $329,205 $235,147 $94,058
2014 $5,114 $322,757 $230,541 $92,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12053795

California Regional Multiple Listing Service (CRMLS)

APN: 6024-003-017