1166 Van Pelt Ave Los Angeles, CA 90063
4
Beds
2
Baths
1,300
Sq Ft
4,096
Sq Ft Lot
Highlights
- Laundry Room
- Zoned Cooling
- 1-Story Property
- James A. Garfield Senior High School Rated A
About This Home
As of December 2024Calling all investors 6.25% potential CAP RATE! One of a kind home offers multiple options to fit your stage in life. Savvy investor you can Live in one unit and rent out the other! Offering a 3-bedroom, 1-bathroom home upstairs, with a additional separated 1 bedroom, 3/4 bathroom, mother-in-law suite/ NEXT Gen living, or income producing (ADU) unit downstairs. As you enter this stunning home, you'll be greeted by a spacious, open-concept living and dining area bathed in natural light. Don't forget about your breathtaking views through the newer dual-pane windows. The centralized fireplace adds a cozy touch to this inviting space. The remodeled Galloway Kitchen is a chef’s dream, featuring sleek quartz countertops, ample cabinet space, a farmhouse sink, and a built-in dishwasher. The entire home boasts updated waterproof laminate flooring and recessed lighting, creating a modern and stylish ambiance. The full bathroom has been tastefully updated, ensuring comfort and convenience. Stay cool and energy-efficient with multiple mini-splits in the rooms and living areas. For added convenience, a washer and dryer are included in the unit. This property also features a desirable detached 2-car garage, providing private parking. Recent upgrades include a new roof, an updated electrical panel, and a retrofitted foundation, ensuring peace of mind for years to come. Outdoor enthusiasts will love the backyard oasis, complete with multiple tiers and an outdoor patio perfect for rainy days or late-night gatherings. Plus, enjoy the amenities of City Terrace Park with your furry friends and family, including tennis and basketball courts, a swimming pool, splash pad, and more. Experience the perfect blend of comfort, style, and convenience at 1166 Van Pelt Ave. Don't miss your chance to make this exceptional property your new home. MUST SEE TODAY. Will be delivered vacant!
Last Agent to Sell the Property
Circle Real Estate Brokerage Phone: 562-888-0488 License #02012061 Listed on: 11/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,450
Year Built
- Built in 1955
Lot Details
- 4,096 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,300 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Zoned Cooling
Listing and Financial Details
- Tax Lot 248
- Tax Tract Number 6213
- Assessor Parcel Number 5226029009
- $760 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $420
- Fuel Expense $300
- Insurance Expense $922
- Water Sewer Expense $1,170
- Operating Expense $2,812
- Gross Income $56,400
- Net Operating Income $53,588
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2024
Closed on
Dec 21, 2024
Sold by
Alexander Serafin
Bought by
Rico Jesus
Seller's Agent
Martin Marquez Jr.
Circle Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$799,999
Sold Price
$835,000
Premium/Discount to List
$35,001
4.38%
Views
44
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
-$22,040
Avg. Annual Appreciation
-4.36%
Original Mortgage
$793,250
Outstanding Balance
$788,425
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$24,535
Purchase Details
Closed on
Aug 8, 2019
Sold by
Domingo Azalea Liahona
Bought by
Serafin Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,800
Interest Rate
3.8%
Purchase Details
Listed on
Feb 16, 2018
Closed on
Mar 21, 2018
Sold by
Domingo Azalea Liahona
Bought by
Serafin Alexander
Seller's Agent
Alex Cabrera
Prime Time Realty & Associates
Buyer's Agent
Sergio Serafin
Keller Williams Pacific Estates Cerritos
List Price
$499,900
Sold Price
$505,000
Premium/Discount to List
$5,100
1.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$440,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 16, 2018
Closed on
Mar 5, 2018
Sold by
Moreno Baltazar
Bought by
Serafin Alexander
Seller's Agent
Alex Cabrera
Prime Time Realty & Associates
Buyer's Agent
Sergio Serafin
Keller Williams Pacific Estates Cerritos
List Price
$499,900
Sold Price
$505,000
Premium/Discount to List
$5,100
1.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2005
Sold by
Moreno Baltazar and Moreno Oliva
Bought by
Moreno Helen
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $835,000 | Chicago Title Company | |
| Grant Deed | $835,000 | Chicago Title Company | |
| Warranty Deed | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Usa National Title Co | |
| Grant Deed | $505,000 | Usa National Title Co | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $793,250 | New Conventional | |
| Closed | $793,250 | New Conventional | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $544,000 | New Conventional | |
| Previous Owner | $438,800 | No Value Available | |
| Previous Owner | $440,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/24/2024 12/24/24 | Sold | $835,000 | 0.0% | $716 / Sq Ft |
| 12/23/2024 12/23/24 | Sold | $835,000 | +4.4% | $642 / Sq Ft |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 11/11/2024 11/11/24 | For Sale | $799,999 | 0.0% | $686 / Sq Ft |
| 11/07/2024 11/07/24 | For Sale | $799,999 | +58.4% | $615 / Sq Ft |
| 05/02/2018 05/02/18 | Sold | $505,000 | +1.0% | $433 / Sq Ft |
| 03/02/2018 03/02/18 | Pending | -- | -- | -- |
| 02/16/2018 02/16/18 | For Sale | $499,900 | -- | $429 / 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 |
|---|---|---|---|---|
| 2025 | $7,450 | $835,000 | $720,300 | $114,700 |
| 2024 | $7,450 | $563,332 | $388,310 | $175,022 |
| 2023 | $7,321 | $552,288 | $380,697 | $171,591 |
| 2022 | $6,972 | $541,460 | $373,233 | $168,227 |
| 2021 | $6,894 | $530,844 | $365,915 | $164,929 |
| 2019 | $6,680 | $515,100 | $355,062 | $160,038 |
| 2018 | $1,120 | $40,233 | $12,249 | $27,984 |
| 2016 | $1,067 | $38,673 | $11,774 | $26,899 |
| 2015 | $1,053 | $38,093 | $11,598 | $26,495 |
| 2014 | $1,057 | $37,347 | $11,371 | $25,976 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Martin Marquez Jr.
Circle Real Estate
(562) 888-0488
2 in this area
84 Total Sales
-
N
Buyer's Agent in 2024
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
4 in this area
5,761 Total Sales
-
Seller's Agent in 2018
Alex Cabrera
Prime Time Realty & Associates
(562) 367-4946
1 in this area
20 Total Sales
-
S
Buyer's Agent in 2018
Sergio Serafin
Keller Williams Pacific Estates Cerritos
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24229059
APN: 5226-029-009
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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