NOT LISTED FOR SALE

11702 Success Ave Los Angeles, CA 90059

Estimated Value: $724,526 - $860,000

6 Beds
2 Baths
1,800 Sq Ft
$447/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $340,000 $189 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,733/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Wall Furnace
  • Compton Early College Rated 9+
  • Wrought Iron Fence
  • 3-minute walk to George Washington Carver Park

About This Home

As of December 2013

Charming newly remodeled duplex ready for move-in today! Both the units of this property are uniquely designed 3 bedroom houses that boast gorgeous new hardwood laminate flooring throughout the living areas. Each unit features its own recently upgraded kitchen complete with new laminate floors, stunning cabinets, and plenty of counter space! The two units also feature recently upgraded bathrooms, brand new carpet in all bedrooms; freshly painted interior/exterior; new light fixtures; new landscaping; and both share a detached 2 car garage. Located within minutes of schools, parks, the 105 and 110 freeways. Great potential for an amazing family home or even for those just looking for a great investment opportunity!! Seller will provide an appliance voucher for installation of stove & d/w at COE

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 11/21/2013

Last Buyer's Agent

Marisa Woods

Statewide Real Estate Co License #01156896

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,131

Year Built

  • Built in 1960

Lot Details

  • 6,443 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 14706
  • Assessor Parcel Number 6148002020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,300
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,131

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6148002020
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 188.89
  • Room Type: Living Room

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 6443.00
  • Lot Size Acres: 0.1480

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Lot Size Area: 6443.0000 Square Feet
  • Net Operating Income: 27600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 14706
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2013
Closed on
Dec 10, 2013
Sold by
Martingale Investments Llc
Bought by
Hernandez Michael
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Marisa Woods
Statewide Real Estate Co
List Price
$329,900
Sold Price
$340,000
Premium/Discount to List
$10,100
3.06%
Current Estimated Value
$804,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,882
Avg. Annual Appreciation
7.48%
Original Mortgage
$272,000
Outstanding Balance
$204,180
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$600,702

Purchase Details

Closed on
Jul 31, 2013
Sold by
Tate Mary A
Bought by
Martingale Investments Llc

Purchase Details

Closed on
Feb 4, 2003
Sold by
Tate Mary A and Burley Rhonda N
Bought by
Tate Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
2.66%
Mortgage Type
Credit Line Revolving
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
Hernandez Michael $340,000 Usa National Title Co
Martingale Investments Llc $260,600 None Available
Tate Mary A -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Michael $272,000
Previous Owner Tate Mary A $292,500
Closed Tate Mary A $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $340,000 +3.1% $189 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
11/21/2013 11/21/13 For Sale $329,900 -- $183 / 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 $6,131 $416,781 $294,200 $122,581
2024 $6,131 $408,610 $288,432 $120,178
2023 $5,888 $400,599 $282,777 $117,822
2022 $5,502 $392,745 $277,233 $115,512
2021 $5,598 $385,046 $271,798 $113,248
2020 $5,491 $381,099 $269,012 $112,087
2019 $5,445 $373,628 $263,738 $109,890
2018 $5,267 $366,303 $258,567 $107,736
2016 $4,997 $352,081 $248,528 $103,553
2015 $4,744 $346,793 $244,795 $101,998
2014 $4,665 $340,000 $240,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13236018

California Regional Multiple Listing Service (CRMLS)

APN: 6148-002-020