NOT LISTED FOR SALE

1178 S Concord St Los Angeles, CA 90023

Estimated Value: $762,000 - $982,000

7 Beds
5 Baths
1,416 Sq Ft
$608/Sq Ft Est. Value

Last Sold March 14, 2017

Last sale price $725,000 $512 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,671/month

26 Days on Market

Highlights

  • Granite Countertops
  • Cooling Available
  • Stone Flooring
  • Felicitas and Gonzalo Mendez High Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of March 2017

Newer Units in East Los Angeles - Seller Wants to SELL Bring Qualified Buyers. These units feature Custom Kitchen Cabinets, Granite Counter Tops, Travertine Floors and Carpeting. Bathrooms feature Designer Tile Accents, Recessed Lighting throughout and Each unit has it's own parking. Front Unit features 3 Bedrooms and 2 Bathrooms, Back Second Unit on top features 3 Bedrooms and 2 Bathrooms, Third Bottom Unit features 1 Bedroom and 1 Bathroom. Property has Block wall and Iron Fencing for Extra Privacy and Security. Close to Downtown Los Angeles, Staple Center, LA Live, Shopping and Freeways

Last Agent to Sell the Property

Corina Preece

EXCELLENCE RE REAL ESTATE License #01478451 Listed on: 01/11/2017

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

Adrieanne Guerrero

License #01986315

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,257

Year Built

  • Built in 1924

Lot Details

  • 5,911 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • Property Attached
  • Shingle Roof
  • Composition Roof

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available

Utilities

  • Cooling Available
  • Wall Furnace

Additional Features

  • Granite Countertops
  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 13
  • Tax Tract Number 4307
  • Assessor Parcel Number 5190013013

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,257

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5190013013
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5911.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2048.20
  • Tax Lot: 13
  • Tax Tract Number: 4307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
Mar 9, 2017
Sold by
Marinelarena Jimmy
Bought by
Perera Miguel A and Acevedo Yolanda
Seller's Agent
Corina Preece
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Adrieanne Guerrero
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Total Days on Market
26
Current Estimated Value
$860,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,372
Avg. Annual Appreciation
2.11%
Original Mortgage
$700,803
Outstanding Balance
$586,989
Interest Rate
4.19%
Mortgage Type
FHA
Estimated Equity
$273,383

Purchase Details

Listed on
Jan 11, 2017
Closed on
Mar 7, 2017
Sold by
Perera Keith Matthew
Bought by
Acevedo Yolanda
Seller's Agent
Corina Preece
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Adrieanne Guerrero
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,803
Outstanding Balance
$586,989
Interest Rate
4.19%
Mortgage Type
FHA
Estimated Equity
$273,383

Purchase Details

Listed on
Jul 13, 2015
Closed on
Jul 21, 2015
Sold by
Arriaga Liliana A
Bought by
Marinelarena Jimmy
Seller's Agent
Collette Canepa
Equity Union
Buyer's Agent
Gil Aguilar
EXCELLENCE RE REAL ESTATE
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.58%
Original Mortgage
$150,000
Interest Rate
4.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2012
Sold by
Valencia Tizoc
Bought by
Arriaga Liliana A

Purchase Details

Closed on
Dec 1, 2011
Sold by
Hernandez Estela V
Bought by
Arriaga Liliana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2009
Sold by
Ps & R Properties Llc
Bought by
Gutierrez Jess Peter and Gutierrez Shirley

Purchase Details

Closed on
Jan 2, 2007
Sold by
Vasquez Ramiro O and Vasquez Rebeca
Bought by
Hernandez Estela V

Purchase Details

Closed on
Mar 18, 2006
Sold by
Vasquez Ramiro O
Bought by
Vasquez Ramiro O and Vasquez Rebeca

Purchase Details

Closed on
Nov 21, 2003
Sold by
Vasquez Ramiro O and Vasquez Rebeca
Bought by
Vasquez Ramiro O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,800
Interest Rate
5.79%
Mortgage Type
New Conventional
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
Perera Miguel A $725,000 Title 365
Acevedo Yolanda -- Title 365
Marinelarena Jimmy $300,000 Priority Title
Arriaga Liliana A -- Priority Title
Arriaga Liliana A $195,000 Priority Title
Gutierrez Jess Peter -- None Available
Hernandez Estela V -- None Available
Vasquez Ramiro O -- Accommodation
Vasquez Ramiro O -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perera Miguel A $94,369
Open Perera Miguel A $700,803
Previous Owner Marinelarena Jimmy $390,000
Previous Owner Marinelarena Jimmy $75,000
Previous Owner Marinelarena Jimmy $25,000
Previous Owner Marinelarena Jimmy $150,000
Previous Owner Marinelarena Jimmy $210,000
Previous Owner Arriaga Liliana A $156,000
Previous Owner Vasquez Ramiro O $111,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2017 03/14/17 Sold $725,000 0.0% $512 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/27/2017 01/27/17 Price Changed $725,000 -3.3% $512 / Sq Ft
01/11/2017 01/11/17 For Sale $750,000 +150.0% $530 / Sq Ft
08/07/2015 08/07/15 Sold $300,000 -7.7% $212 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $325,000 -3.0% $230 / Sq Ft
04/03/2015 04/03/15 Sold $335,000 +3.1% $237 / Sq Ft
02/21/2015 02/21/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $325,000 -- $230 / 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
2024 $10,257 $824,921 $494,953 $329,968
2023 $10,061 $808,748 $485,249 $323,499
2022 $9,596 $792,891 $475,735 $317,156
2021 $9,480 $777,345 $466,407 $310,938
2020 $9,575 $769,375 $461,625 $307,750
2019 $9,199 $754,290 $452,574 $301,716
2018 $9,064 $739,500 $443,700 $295,800
2016 $3,770 $300,000 $180,000 $120,000
2015 $6,259 $199,797 $122,952 $76,845
2014 $2,598 $195,884 $120,544 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17007333

California Regional Multiple Listing Service (CRMLS)

APN: 5190-013-034