NOT LISTED FOR SALE

Estimated Value: $808,000 - $823,000

4 Beds
2 Baths
1,569 Sq Ft
$519/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $621,000 $396 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,122/month

417 Days on Market

Highlights

  • No HOA
  • Floor Furnace
  • 1-Story Property
  • Landscaped
  • Front Yard

About This Home

As of May 2021

***2 UNITS*** GREAT INVESTMENT OPPORTUNITY. LIVE IN ONE AND RENT THE OTHER OR PERFECT FOR TWO FAMILIES. FRONT UNIT CONSIST OF 2 BEDROOMS AND 1 BATH. BACK UNIT IS 1 BEDROOM AND 1 BATH. PLENTY OF PARKING SPACE AND A 2 CAR CARPORT. NEAR DOWNTOWN LOS ANGELES AND FREEWAYS.

Last Agent to Sell the Property

Jose Jaime

Berkshire Hathaway HomeService License #01272317 Listed on: 02/03/2020

Berkshire Hathaway HomeService

Last Buyer's Agent

Janette Gonzalez

Century 21 Realty Team License #01979867

Century 21 Realty Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,280

Year Built

  • Built in 1903

Lot Details

  • 6,772 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 1,569 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Open Parking Space
  • 3 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Driveway

Additional Features

  • Urban Location
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, exterior maintenance, grounds care, gas, sewer, trash collection, water
  • Legal Lot and Block 11 / 3
  • Assessor Parcel Number 5107026011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Insurance Expense $95
  • New Taxes Expense $672
  • Operating Expense $767
  • Gross Income $28,800
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,280

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5107026011
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 395.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped
  • Lot Size Sq Ft: 6772.00
  • Lot Size Acres: 0.1555
  • Latitude Manual: 33.99865700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Grounds Care, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 95.00
  • Lot Size Area: 6772.0000 Square Feet
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 766.86

Tax Info

  • New Taxes Expense: 671.86
  • Tax Block: 3
  • Tax Census Tract: 2287.10
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Apr 1, 2021
Sold by
Hernandez Cristine I Zavala and Zavala Martha E
Bought by
Lopez Nohemi D Velasquez
Seller's Agent
Jose Jaime
Berkshire Hathaway HomeService
Buyer's Agent
Janette Gonzalez
Century 21 Realty Team
List Price
$645,000
Sold Price
$621,000
Premium/Discount to List
-$24,000
-3.72%
Current Estimated Value
$815,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,032
Avg. Annual Appreciation
6.61%
Original Mortgage
$609,752
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2018
Sold by
Hernandez Cristina I Zavala
Bought by
Hernandez Cristina I Zavala and Zavala Martha E

Purchase Details

Closed on
Mar 17, 2017
Sold by
Zavala Martha E
Bought by
Hernandez Cristina I Zavala

Purchase Details

Closed on
Aug 25, 2016
Sold by
Hernandez Cristina I Zavala
Bought by
Zavala Martha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
3.47%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2014
Sold by
Santos Guadalupe
Bought by
Hernandez Cristina I Zavala

Purchase Details

Closed on
May 4, 2012
Sold by
Santos Guadalupe
Bought by
Santos Guadalupe and Hernandez Cristina I Zavala

Purchase Details

Closed on
Jun 30, 2010
Sold by
Hernandez Cristina Zavala
Bought by
Santos Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2005
Sold by
Wadler Maria I
Bought by
Hernandez Cristina Zavala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 30, 2004
Sold by
Nmc Properties Inc
Bought by
Wadler Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
5.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 2, 2004
Sold by
Adams Horace G
Bought by
Nmc Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Williams Marie
Bought by
Adams Horace G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2002
Sold by
Stein Robert
Bought by
Wheeler Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.99%
Mortgage Type
Unknown
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
Lopez Nohemi D Velasquez $621,000 Orange Coast Title Company
Hernandez Cristina I Zavala -- None Available
Hernandez Cristina I Zavala -- None Available
Zavala Martha E $320,000 Orange Coast Title Co Socal
Hernandez Cristina I Zavala -- None Available
Santos Guadalupe -- Accommodation
Santos Guadalupe $165,000 Lawyers Title
Santos Guadalupe -- Lawyers Title
Hernandez Cristina Zavala $435,000 Security Union Title
Wadler Maria I $330,000 Landamerica Lawyers Title Co
Nmc Properties Inc $180,000 Provident Title Company
Adams Horace G $110,000 Provident Title Company
Wheeler Leslie -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Nohemi D Velasquez $609,752
Previous Owner Zavala Martha E $314,204
Previous Owner Santos Guadalupe $162,011
Previous Owner Hernandez Cristina Zavala $87,000
Previous Owner Hernandez Cristina Zavala $348,000
Previous Owner Nmc Properties Inc $219,000
Previous Owner Wadler Maria I $264,000
Previous Owner Nmc Properties Inc $178,500
Previous Owner Adams Horace G $110,000
Previous Owner Williams Marie $75,000
Previous Owner Williams Marie $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $621,000 +5.3% $396 / Sq Ft
04/02/2020 04/02/20 Price Changed $589,900 -8.5% $376 / Sq Ft
02/03/2020 02/03/20 For Sale $645,000 +101.6% $411 / Sq Ft
12/09/2016 12/09/16 Sold $320,000 -16.9% $213 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $385,000 -- $257 / 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 $8,280 $672,188 $432,972 $239,216
2024 $8,280 $659,009 $424,483 $234,526
2023 $8,123 $646,088 $416,160 $229,928
2022 $7,751 $633,420 $408,000 $225,420
2021 $4,388 $343,102 $235,883 $107,219
2020 $4,428 $339,585 $233,465 $106,120
2019 $4,263 $332,928 $228,888 $104,040
2018 $4,147 $326,400 $224,400 $102,000
2016 $2,341 $178,570 $119,047 $59,523
2015 $2,310 $175,888 $117,259 $58,629
2014 $2,246 $172,444 $114,963 $57,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20024741

California Regional Multiple Listing Service (CRMLS)

APN: 5107-026-011