NOT LISTED FOR SALE

1164 E 23rd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $589,928 - $768,000

4 Beds
2 Baths
1,734 Sq Ft
$383/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $520,000 $300 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,007/month

25 Days on Market

About This Home

As of December 2022

Attention Investors! Excellent Opportunity to buy a residential Income property/Duplex close to downtown Los Angeles, USC, LAFC Stadium, and LA Staple Center. Property has a lot of potential to build several additional Units. Property is in need of work (TLC). Very easy transportation, and access to 110, 101, and 10 freeway. Property to be sold in AS IS condition with tenants. Motivated seller!

Last Agent to Sell the Property

Evelin Andino Castellanos

Excellence RE Real Estate, Inc. License #02033963 Listed on: 11/28/2022

Excellence RE Real Estate, Inc.

Last Buyer's Agent

William Rios

Beltran-Rios Co License #00800359

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 6,250 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,734 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 79
  • Tax Tract Number 79
  • Assessor Parcel Number 5131020020
  • $330 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Inclusions: tenants
  • Property Attached: No
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5131020020
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 299.88

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Near Public Transit
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2264.20
  • Tax Lot: 79
  • Tax Tract Number: 79
  • TaxOtherAnnualAssessmentAmount: 330.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Dec 14, 2022
Sold by
Osorio Susan
Bought by
Dla Investments Llc
Seller's Agent
Evelin Andino Castellanos
Excellence RE Real Estate, Inc.
Buyer's Agent
William Rios
Beltran-Rios Co
List Price
$579,999
Sold Price
$520,000
Premium/Discount to List
-$59,999
-10.34%
Views
21
Current Estimated Value
$663,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,982
Avg. Annual Appreciation
8.20%
Original Mortgage
$500,000
Outstanding Balance
$483,373
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$180,609

Purchase Details

Closed on
Jan 22, 2019
Sold by
Osorio Susan
Bought by
Osorio Ramon D

Purchase Details

Closed on
May 30, 2007
Sold by
Osorio Ramon and Guzman Tiburcio
Bought by
Osorio Ramon D and Osorio Susan

Purchase Details

Closed on
Nov 29, 1995
Sold by
Osorio Ramon and Guzman Tiburcio
Bought by
Osorio Ramon and Guzman Tiburcio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
7.42%

Purchase Details

Closed on
Nov 13, 1995
Sold by
Cunningham Ollie F and Jefferson Leon
Bought by
Osorio Ramon and Guzman Tiburcio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
7.42%

Purchase Details

Closed on
Oct 9, 1995
Sold by
Braggs Terry Don
Bought by
Braggs Ramona J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
7.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dla Investments Llc $520,000 Monarch Title
Osorio Ramon D -- None Available
Osorio Ramon D -- Accommodation
Osorio Ramon -- Fidelity National Title Ins
Osorio Ramon $103,000 --
Braggs Ramona J -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dla Investments Llc $500,000
Previous Owner Osorio Ramon $82,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $520,000 -10.3% $300 / Sq Ft
11/28/2022 11/28/22 For Sale $579,999 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,712 $541,008 $436,968 $104,040
2024 $6,712 $530,400 $428,400 $102,000
2023 $6,586 $520,000 $420,000 $100,000
2022 $5,235 $419,789 $248,835 $170,954
2021 $5,667 $454,169 $275,400 $178,769
2020 $5,637 $449,513 $272,577 $176,936
2019 $5,419 $440,700 $267,233 $173,467
2018 $5,332 $432,060 $261,994 $170,066
2016 $5,084 $415,284 $251,821 $163,463
2015 $5,011 $409,047 $248,039 $161,008
2014 $5,036 $401,036 $243,181 $157,855
Source: Public Records

Agents Affiliated with this Home

  • Evelin Andino Castellanos

    Seller's Agent in 2022

    Evelin Andino Castellanos

    Excellence RE Real Estate, Inc.

    (562) 948-4553

    1 in this area

    16 Total Sales

    Evelin Andino Castellanos
    Section Image

  • W

    Buyer's Agent in 2022

    William Rios

    Beltran-Rios Co

    (213) 300-4829

    1 in this area

    11 Total Sales

    William Rios
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22247338

California Regional Multiple Listing Service (CRMLS)

APN: 5131-020-020

California Los Angeles County Los Angeles 90011 Historic South Central

1164 E 23rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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