NOT LISTED FOR SALE

11818 Success Ave Los Angeles, CA 90059

Estimated Value: $657,000 - $897,000

5 Beds
3 Baths
2,528 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $290,000 $115 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $4,629/month

32 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Carpet
  • Compton Early College Rated 9+
  • Wood Burning Fireplace
  • 1-minute walk to George Washington Carver Park

About This Home

As of March 2015

Fantastic Investment Opportunity. This Unique Duplex built in 1964 consists of living space totaling 2,528 square feet and a large 8,089 square foot lot (per assessor). The single-story front unit features three spacious bedrooms, two baths, fireplace, newer carpets, laundry room and a detached two car garage. The attached two-story rear unit offers an open floor plan with two bedrooms, one bath, long driveway and a carport. Both units are fully occupied with long term tenants. Please do not disturb tenants.

Last Agent to Sell the Property

Kathy Campbell

COMPASS License #01740953 Listed on: 02/02/2015

COMPASS

Last Buyer's Agent

Mirian Duenas

Four Points Realty License #01238468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,422

Year Built

  • Built in 1964

Lot Details

  • 8,089

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 8,089 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 6148017015

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,422

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • Zoning: LCR2YY
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6148017015
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8089.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 8089.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 10, 2015
Sold by
Allen Minnie and The Frank & Minnie Allen Trust
Bought by
Puga Francisco E
Seller's Agent
Kathy Campbell
COMPASS
Buyer's Agent
Mirian Duenas
Four Points Realty
List Price
$320,000
Sold Price
$290,000
Premium/Discount to List
-$30,000
-9.38%
Current Estimated Value
$796,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,360
Avg. Annual Appreciation
9.88%
Original Mortgage
$232,000
Outstanding Balance
$176,766
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$619,594

Purchase Details

Closed on
Aug 6, 2014
Sold by
The Frank & Minnie Allen Trust
Bought by
Allen Minnie

Purchase Details

Closed on
Jun 26, 1996
Sold by
Allen Frank E
Bought by
Allen Frank Eugene and Allen Minnie
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
Puga Francisco E $290,000 Orange Coast Title Company
Allen Minnie -- None Available
Allen Frank Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puga Francisco E $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2015 03/24/15 Sold $290,000 -9.4% $115 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $320,000 -- $127 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $5,422 $348,528 $240,367 $108,161
2024 $5,422 $341,695 $235,654 $106,041
2023 $5,189 $334,996 $231,034 $103,962
2022 $4,864 $328,428 $226,504 $101,924
2021 $4,935 $321,989 $222,063 $99,926
2020 $4,844 $318,689 $219,787 $98,902
2019 $4,804 $312,441 $215,478 $96,963
2018 $4,622 $306,315 $211,253 $95,062
2016 $4,378 $294,422 $203,050 $91,372
2015 $1,482 $45,639 $9,763 $35,876
2014 $1,481 $44,746 $9,572 $35,174
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kathy Campbell

    COMPASS

    Section Image
  • Mirian Duenas

    Buyer's Agent in 2015

    Mirian Duenas

    Four Points Realty

    (310) 937-1579

    2 in this area

    25 Total Sales

    Mirian Duenas
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315000549

Pasadena-Foothills Association of REALTORS®

APN: 6148-017-015

California Los Angeles County Los Angeles 90059

11818 Success Ave, Los Angeles, CA

Not Listed for Sale

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