NOT LISTED FOR SALE

11708 Parmelee Ave Los Angeles, CA 90059

Estimated Value: $682,000 - $768,000

7 Beds
3 Baths
1,526 Sq Ft
$471/Sq Ft Est. Value

Last Sold December 06, 2017

Last sale price $470,000 $308 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,391/month

8 Days on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • No HOA
  • Compton Early College Rated 9+
  • Private Yard
  • 1-minute walk to George Washington Carver Park

About This Home

As of December 2017

Excellent investment opportunity in these 2 separate units on a gated lot with NO RENT CONTROL! Front unit consists of 3 beds / 1 bath and back unit is 4 beds / 2 baths. A fresh coat of paint inside and out breathes new life into these refurbished units. Vinyl tile floors feature in the living areas, while the bedrooms have plush carpet for comfort. Two small storage sheds to rear of property to store your extra belongings. Located close to the Metro Green Line and local public transit, as well as Charles Drew University, George Washington Carver Park, MLK Community Hospital, with easy access to the 105 freeway. These units won't last, so come and see them today!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 09/28/2017

Last Buyer's Agent

WILLIAM PULIDO

RE/MAX CHAMPIONS License #01903462

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,432

Year Built

  • Built in 1911

Lot Details

  • 6,039 Sq Ft Lot
  • Lot Dimensions are 40 x 150
  • No Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Chain Link Fence
  • Rectangular Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,526 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • French Mullion Window
  • Panel Doors

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Driveway

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 32
  • Assessor Parcel Number 6148003011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,432

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: LCR2YY
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6148003011
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Door Features: Panel Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 307.99
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom
  • Window Features: French/Mullioned

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Near Public Transit, Park Nearby, Yard
  • Lot Size: 40 x 150
  • Lot Size Sq Ft: 6039.00

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Scheduled Income: 51600.00
  • 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: No

Tax Info

  • Tax Census Tract: 5407.00
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Luevano Sergio Salas and Salas Ortiz Felipe
Bought by
Salas Luevano Sergio and Salas Barrera Iris Adriana
Current Estimated Value
$719,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,453
Outstanding Balance
$403,192
Interest Rate
3.16%
Mortgage Type
FHA
Estimated Equity
$316,036

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 29, 2017
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Luevano Sergio Salas and Salas Ortiz Felipe
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
WILLIAM PULIDO
RE/MAX CHAMPIONS
List Price
$449,900
Sold Price
$470,000
Premium/Discount to List
$20,100
4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$461,487
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2017
Sold by
Hernandez Cristina
Bought by
Breckenridge Property Fund 2016 Llc

Purchase Details

Closed on
Mar 22, 2017
Sold by
Hernandez Cristina and Palma Esperanza
Bought by
Hernandez Cristina and Palma Esperanza

Purchase Details

Closed on
Jan 5, 2017
Sold by
Hernandez Cristina
Bought by
Hernandez Cristina and Palma Esperanza

Purchase Details

Closed on
Feb 19, 2004
Sold by
Rosado Cosme Rafael and Rosado Maria Delosangeles
Bought by
Hernandez Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1998
Sold by
Rosado Cosme Rafael and Rosado Maria
Bought by
Rosado Cosme Rafael and Rosado Maria Delosangeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,687
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1994
Sold by
Diaz Bernardo
Bought by
Rosado Cosme Rafael and Rosado Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,542
Interest Rate
9.28%
Mortgage Type
FHA
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
Salas Luevano Sergio -- Pacific Coast Title
Luevano Sergio Salas $470,000 Fidelity National Title Co
Luevano Sergio Salas -- Fidelity National Title Co
Breckenridge Property Fund 2016 Llc $298,000 Fidelity National Title Co
Hernandez Cristina -- None Available
Hernandez Cristina -- None Available
Hernandez Cristina $259,000 Fidelity National Title Co
Rosado Cosme Rafael -- Fidelity National Title
Rosado Cosme Rafael $170,000 Gateway Title
Rosado Cosme Rafael -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salas Luevano Sergio $462,453
Closed Luevano Sergio Salas $461,487
Previous Owner Hernandez Cristina $207,200
Previous Owner Rosado Cosme Rafael $162,687
Previous Owner Rosado Cosme Rafael $165,542
Closed Hernandez Cristina $51,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2017 12/06/17 Sold $470,000 +4.5% $308 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $449,900 -- $295 / 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 $7,432 $534,774 $427,820 $106,954
2024 $7,432 $524,289 $419,432 $104,857
2023 $7,171 $514,009 $411,208 $102,801
2022 $6,680 $503,932 $403,146 $100,786
2021 $6,811 $494,052 $395,242 $98,810
2020 $6,675 $488,987 $391,190 $97,797
2019 $6,619 $479,400 $383,520 $95,880
2018 $6,457 $470,000 $376,000 $94,000
2017 $4,604 $317,281 $196,006 $121,275
2016 $4,509 $311,061 $192,163 $118,898
2015 $4,285 $306,390 $189,277 $117,113
2014 $4,216 $300,389 $185,570 $114,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17222725

California Regional Multiple Listing Service (CRMLS)

APN: 6148-003-011