NOT LISTED FOR SALE

1176 E 58th Dr Los Angeles, CA 90001

Estimated Value: $668,000 - $865,000

7 Beds
3 Baths
1,845 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $289,000 $157 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $4,476/month

48 Days on Market

About This Home

As of June 2012

***STANDARD SALE*** BEAUTIFULLY REMODELED DUPLEX! NEW KITCHENS WITH GRANITE, BATHROOMS, FLOORING, CARPET, STUCCO AND PAINT, NEW LANDSCAPING!!! EVERYTHING IS NEW! This is legally a Duplex, but front house has been converted into 2 UNITS. FRONT HOUSE: 3 BED/1 BATH on the first floor, and 2 Bed, 1 Bath on second floor. REAR UNIT: 2 BED/1 BATH (Currently occupied with tenant paying $800/month) GREAT FOR OWNER USER OR INVESTOR. PRICED FOR QUICK SALE. WONT LAST!!!

Last Agent to Sell the Property

Ryan Lusk

First Team Real Estate License #01882596 Listed on: 03/21/2012

First Team Real Estate

Last Buyer's Agent

Leonel Molina

International Brokers & Associ License #01107183

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 5,227

Parking

  • 4 Parking Spaces

Home Design

  • 1,845 Sq Ft Home
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,227 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 0.1 / C
  • Assessor Parcel Number 6008006002

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $40
  • Water Sewer Expense $40
  • Gross Income $3,300
  • Net Operating Income $38,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 13.85
  • View: No
  • Water Sewer Expenses: 40.00
  • Property Type: Residential Income
  • Parcel Number: 6008006002
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 156.64

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Multi Family

  • Electric Expense: 40.00
  • Gross Income: 3300.00
  • Gross Multiplier: 7.05
  • Gross Scheduled Income: 39600.00
  • Lot Size Area: 5227.0000 Square Feet
  • Net Operating Income: 38640.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 960.00

Tax Info

  • Tax Area: 1166
  • Tax Block: C
  • Tax Lot: 0.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2012
Closed on
May 7, 2012
Sold by
Vogel Properties Lp
Bought by
Soto Alan
Seller's Agent
Ryan Lusk
First Team Real Estate
Buyer's Agent
Leonel Molina
International Brokers & Associ
List Price
$279,000
Sold Price
$289,000
Premium/Discount to List
$10,000
3.58%
Current Estimated Value
$768,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,448
Avg. Annual Appreciation
7.50%
Original Mortgage
$283,765
Interest Rate
3.74%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2011
Sold by
Martinez Maricela and Martinez Jorge
Bought by
Vogel Properties Lp

Purchase Details

Closed on
Mar 31, 2006
Sold by
Anguiano Juan Gabriel and Anguiano Martha Alicia
Bought by
Martinez Jorge and Martinez Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2006
Sold by
Anguiano Martha Alicia
Bought by
Anguiano Juan Gabriel and Anguiano Martha Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2005
Sold by
Anguiano Martha Alicia and Martinez Rosa
Bought by
Anguiano Martha Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 24, 1998
Sold by
Martinez Maria
Bought by
Martinez Martha and Martinez Rosa

Purchase Details

Closed on
Jan 18, 1995
Sold by
Miller John Charles
Bought by
Martinez Martha and Martinez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,777
Interest Rate
8.46%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 1994
Sold by
Caruthers Wilburn
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
9.08%
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
Soto Alan $289,000 Ticor Title Co
Vogel Properties Lp $151,000 None Available
Martinez Jorge $510,000 Chicago Title
Anguiano Juan Gabriel -- Accommodation
Anguiano Martha Alicia -- Gateway Title Company
Anguiano Martha Alicia -- Gateway Title Company
Martinez Martha -- --
Martinez Martha $167,272 Gateway Title
Miller John Charles $80,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soto Alan $283,765
Previous Owner Martinez Jorge $102,000
Previous Owner Martinez Jorge $408,000
Previous Owner Anguiano Martha Alicia $157,500
Previous Owner Martinez Martha $155,777
Previous Owner Miller John Charles $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $289,000 +3.6% $157 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $279,000 -- $151 / 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 $5,491 $362,988 $199,708 $163,280
2024 $5,491 $355,872 $195,793 $160,079
2023 $5,236 $348,895 $191,954 $156,941
2022 $5,010 $342,055 $188,191 $153,864
2021 $4,950 $335,349 $184,501 $150,848
2020 $4,982 $331,912 $182,610 $149,302
2019 $4,808 $325,405 $179,030 $146,375
2018 $4,731 $319,025 $175,520 $143,505
2016 $4,529 $306,639 $168,705 $137,934
2015 $4,464 $302,034 $166,171 $135,863
2014 $4,467 $296,118 $162,916 $133,202
Source: Public Records

Agents Affiliated with this Home

  • Ryan Lusk

    Seller's Agent in 2012

    Ryan Lusk

    First Team Real Estate

    (562) 438-1132

    16 Total Sales

    Ryan Lusk
    Section Image

  • L

    Buyer's Agent in 2012

    Leonel Molina

    International Brokers & Associ

    (323) 564-0840

    4 Total Sales

    Leonel Molina
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P816099

California Regional Multiple Listing Service (CRMLS)

APN: 6008-006-002

California Los Angeles County Los Angeles 90001

1176 E 58th Dr, Los Angeles, CA

Not Listed for Sale

MultiFamily

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