NOT LISTED FOR SALE

Estimated Value: $644,000 - $1,758,000

2 Beds
2 Baths
1,479 Sq Ft
$688/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $595,000 $402 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,013/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Air Conditioning
  • Shed

About This Home

As of December 2020

Probate sale subject to court confirmation. Wonderful duplex near USC and DTLA. Zoned R1.5 with 6,200+ square foot lot in the Opportunity Zone. Both units are occupied by non-paying tenants. Property is subject to rent control. Court Confirmation is set for 10/30/2020 at 9:30 A.M., Los Angeles Superior Court: 111 N. Hill Street, Los Angeles, CA 90012, Department 2D. Buyer must bring cashier's check for 10% of purchase price made payable to "Downey Escrow Company". Minimum overbid: $541,250. Property is being sold with tenants and occupants in possession.

Last Agent to Sell the Property

Andrew Brody

Equity Union License #01776328 Listed on: 07/14/2020

Equity Union

Last Buyer's Agent

Gil Valadez

Chris Presta, Broker License #01098449

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 6,252

Parking

  • Driveway

Home Design

  • 1,479 Sq Ft Home
  • Traditional Architecture

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Additional Features

  • Shed
  • 6,252 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5128-003-039

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

6,252 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1479
  • Lot Acreage: 0.1435
  • Probate: Yes
  • Year Built: 1911
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 283.98

Exterior Features

  • Other Structures: Shed(s)
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall Electric

Lot Info

  • Assessed Improvement Percent: 47.55
  • Assessed Improvement Value: 83962
  • Assessed Land Percent: 52.45
  • Assessed Land Value: 92604
  • Total Assessed Value: 176566
  • Assessor Parcel Number: 5128-003-039
  • Lot Size Area: 6252

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Obsidian Development Llc
Bought by
29Thventure Llc
Current Estimated Value
$1,017,712

Purchase Details

Listed on
Jul 14, 2020
Closed on
Oct 30, 2020
Sold by
Dubon Patricia and Estate Of Rosario Dubon
Bought by
Obsidian Development Llc
Seller's Agent
Andrew Brody
Equity Union
Buyer's Agent
Gil Valadez
Chris Presta, Broker
List Price
$420,000
Sold Price
$595,000
Premium/Discount to List
$175,000
41.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$500
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
May 28, 2020
Sold by
Aviles Miguel Angel and Rosario Dubon Trust
Bought by
Dubon Patricia and Estate Of Rosario Dubon

Purchase Details

Closed on
Dec 11, 2018
Sold by
Dubon Rosario
Bought by
Dubon Rosario and The Rosario Dubon Trust

Purchase Details

Closed on
Jul 19, 2018
Sold by
Dubon David
Bought by
Dubon Rosario
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
29Thventure Llc -- --
Obsidian Development Llc $595,000 Provident Title Company
Dubon Patricia -- None Available
Dubon Rosario -- None Available
Dubon Rosario -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obsidian Development Llc $500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $595,000 +41.7% $402 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $420,000 -- $284 / Sq Ft
Source: The MLS

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 $7,923 $644,045 $386,427 $257,618
2024 $7,923 $631,417 $378,850 $252,567
2023 $7,772 $619,037 $371,422 $247,615
2022 $7,415 $606,900 $364,140 $242,760
2021 $7,323 $595,000 $357,000 $238,000
2020 $2,492 $187,371 $98,271 $89,100
2019 $2,402 $183,698 $96,345 $87,353
2018 $2,304 $180,097 $94,456 $85,641
2016 $2,187 $173,105 $90,789 $82,316
2015 $2,157 $170,506 $89,426 $81,080
2014 $2,175 $167,167 $87,675 $79,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-605006

The MLS

APN: 5128-003-039

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