NOT LISTED FOR SALE

Estimated Value: $757,000 - $925,000

4 Beds
2 Baths
1,802 Sq Ft
$479/Sq Ft Est. Value

Last Sold December 03, 2013

Last sale price $400,000 $222 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,349/month

9 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Crenshaw Station
  • Wall Furnace
  • Living Room
  • Laundry Room

About This Home

As of December 2013

Beautiful property for sale AS IS. Potential for a great investment property or a first home. 2 Units. Each unit has 2 bedrooms and 1 full bath. Good sized kitchen and living room. Both units have just recently been renovated. Front unit has gorgeous refinished dark brown hard wood floors. Washer/ Dryer hook-ups in each unit. New automatic sprinkler system. Great landscaping. 2 car garage. Nice backyard.

Last Agent to Sell the Property

Mattana Yutitam-Rumreich

Platinum Seas Estates License #01196840 Listed on: 11/05/2013

Last Buyer's Agent

Mattana Yutitam-Rumreich

Platinum Seas Estates License #01196840 Listed on: 11/05/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1947

Lot Details

  • 6,600 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,802 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 359
  • Tax Tract Number 12903
  • Assessor Parcel Number 4055029016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $745
  • Trash Expense $345
  • New Taxes Expense $5,125
  • Gross Income $2,700
  • Net Operating Income $25,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,630

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4055029016
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Levels: One
  • Price Per Square Foot: 221.98
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 345.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6600.00
  • Lot Size Acres: 0.1520

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 745.00
  • Lot Size Area: 6600.0000 Square Feet
  • Net Operating Income: 25075.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6215.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5125.00
  • Tax Lot: 359
  • Tax Tract Number: 12903
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
Bhs Community Development Corporation
Bought by
Bhs Community Development Corporation
Current Estimated Value
$868,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Outstanding Balance
$593,591
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$268,711

Purchase Details

Closed on
Nov 3, 2014
Sold by
Bhs Community Development
Bought by
Bhs Community Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 5, 2013
Closed on
Nov 21, 2013
Sold by
Wallace Columbus
Bought by
Wallace Colunbus
Seller's Agent
Mattana Yutitam-Rumreich
Platinum Seas Estates
Buyer's Agent
Mattana Yutitam-Rumreich
Platinum Seas Estates
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Jul 19, 2013
Sold by
Wallace Colunbus
Bought by
Wallace Columbus and Wallace Eula
Source: Public Records

Range of Values:

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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
Bhs Community Development Corporation -- Old Republic Title Company
Bhs Community Development Corporation -- None Available
Wallace Colunbus -- Chicago Title
Bhs Community Development $400,000 Chicago Title
Wallace Columbus -- Chicago Title
Wallace Columbus -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhs Community Development Corporation $602,000
Previous Owner Bhs Community Development Corporation $455,000
Previous Owner Bhs Community Development Corporation $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2013 12/03/13 Sold $400,000 -2.4% $222 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
11/05/2013 11/05/13 For Sale $410,000 -- $228 / 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 $6,630 $490,330 $294,200 $196,130
2024 $6,630 $480,717 $288,432 $192,285
2023 $6,564 $471,292 $282,777 $188,515
2022 $6,683 $462,052 $277,233 $184,819
2021 $6,618 $452,994 $271,798 $181,196
2019 $6,230 $439,561 $263,738 $175,823
2018 $6,171 $430,943 $258,567 $172,376
2016 $5,848 $414,212 $248,528 $165,684
2015 $5,797 $407,991 $244,795 $163,196
2014 -- $400,000 $240,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13225661

California Regional Multiple Listing Service (CRMLS)

APN: 4055-029-016