NOT LISTED FOR SALE

Estimated Value: $812,000 - $971,889

4 Beds
2 Baths
1,802 Sq Ft
$496/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $755,000 $419 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,617/month

46 Days on Market

Highlights

  • Laundry Room
  • 3-minute walk to Crenshaw Station
  • Wall Furnace
  • Level Lot

About This Home

As of August 2022

Extraordinary property don't wait run, price to sell needs work lots of potential close to LAX, Sofi stadium, Forum, 105 FWY, two Bedroom one bath each, tenant occupied, Great opportunity for investors Run. Near Hollywood Park, LAX near Plaza shopping center, Great Location.

Last Agent to Sell the Property

Israel Valenzuela

ISRAEL VALENZUELA BROKER License #00680645 Listed on: 05/06/2022

Last Buyer's Agent

Mirna Martinez

ROA California Inc. License #01773121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,209

Year Built

  • Built in 1947

Lot Details

  • 6,601 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,802 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 363
  • Tax Tract Number 12903
  • Assessor Parcel Number 4055029020
  • $645 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,400
  • Operating Expense $5,000
  • Gross Income $37,200
  • Net Operating Income $24,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,209

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 377500
  • Property Attached: No
  • Water Sewer Expenses: 1400.00
  • Zoning: INR3YY
  • Property Type: Residential Income
  • Parcel Number: 4055029020
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 418.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 6601.00
  • Lot Size Acres: 0.1515

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6601.0000 Square Feet
  • Net Operating Income: 24800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10000.00
  • Rent Control: Yes
  • Total Expenses: 5000.00

Tax Info

  • Tax Census Tract: 6042.00
  • Tax Lot: 363
  • Tax Tract Number: 12903
  • TaxOtherAnnualAssessmentAmount: 645.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 19, 2022
Sold by
Santiago Ortiz
Bought by
Flores Monica Mayorga and Mayorga Andrea
Seller's Agent
Israel Valenzuela
ISRAEL VALENZUELA BROKER
Buyer's Agent
Mirna Martinez
ROA California Inc.
List Price
$755,000
Sold Price
$755,000
Current Estimated Value
$894,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,472
Avg. Annual Appreciation
4.35%
Original Mortgage
$741,325
Outstanding Balance
$711,152
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$151,064
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
Flores Monica Mayorga $755,000 Pacific Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Monica Mayorga $741,325
Previous Owner Ortiz Santiago $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $755,000 0.0% $419 / Sq Ft
05/06/2022 05/06/22 For Sale $755,000 -- $419 / 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 $10,209 $785,502 $624,240 $161,262
2024 $10,209 $770,100 $612,000 $158,100
2023 $10,104 $755,000 $600,000 $155,000
2022 $3,745 $243,998 $150,294 $93,704
2021 $3,704 $239,215 $147,348 $91,867
2019 $3,498 $232,123 $142,979 $89,144
2018 $3,429 $227,573 $140,176 $87,397
2016 $3,242 $218,738 $134,734 $84,004
2015 $3,212 $215,454 $132,711 $82,743
2014 $3,215 $211,235 $130,112 $81,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22089985

California Regional Multiple Listing Service (CRMLS)

APN: 4055-029-020