$775,000
SOLD OCT 9, 2024

1182 Mirasol St Los Angeles, CA 90023

4 Beds
2 Baths
1,346 Sq Ft
5,002 Sq Ft Lot

Recently Sold

$576 Per Sq Ft

11% Above List Price

4 Days on Market

Highlights

  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • 1-Story Property

About This Home

As of October 2024

This property will not last long, VACANT, VACANT, VACANT!! Both units are move in ready! Each unit is 2 bedrooms and 1 bath.The previous tenants have been bought out and the units are ready to be leased!

Last Agent to Sell the Property

Manuel Chavez

Camelot West Residential Brokerage Phone: 714 944-6743 License #01869279 Listed on: 08/26/2024

Last Buyer's Agent

Enrique Pintado

CENTURY 21 REALTY MASTERS License #01249099

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $885

Year Built

  • Built in 1927

Lot Details

  • 5,002 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,346 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Listing and Financial Details

  • Tax Lot 318
  • Tax Tract Number 941
  • Assessor Parcel Number 5191008016
  • $336 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,250
  • Operating Expense $1,250
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$885

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 350000
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5191008016
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 575.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5002.00
  • Lot Size Acres: 0.1148

Multi Family

  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 5002.0000 Square Feet
  • Net Operating Income: 60000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Expenses: 1250.00

Tax Info

  • Tax Census Tract: 2049.20
  • Tax Lot: 318
  • Tax Tract Number: 941
  • TaxOtherAnnualAssessmentAmount: 336.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Sep 16, 2024
Sold by
Iq Capital Advisors Inc Profit Sharing P
Bought by
Torres Leonor
Seller's Agent
Manuel Chavez
Camelot West Residential
Buyer's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
List Price
$699,999
Sold Price
$775,000
Premium/Discount to List
$75,001
10.71%
Views
10
Current Estimated Value
$784,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,799
Avg. Annual Appreciation
-5.61%
Original Mortgage
$620,000
Outstanding Balance
$614,090
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$120,392

Purchase Details

Closed on
Apr 30, 2024
Sold by
Special Default Services Inc
Bought by
Iq Capital Advisors Inc Profit Sharing Plan

Purchase Details

Closed on
Sep 1, 2021
Sold by
Galeno Oscar Ramirez
Bought by
Mancinas Marybel Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,154
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2002
Sold by
Martinez Marybel and Estate Of Jose G Martinez
Bought by
Martinez Marybel and Martinez Maribel
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 Type Sale Price Title Company
Grant Deed $775,000 Ticor Title Company
Trustee Deed $501,910 --
Interfamily Deed Transfer -- North American Title
Interfamily Deed Transfer -- North American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Previous Owner $384,000 New Conventional
Previous Owner $203,154 Commercial
Previous Owner $150,000 New Conventional
Previous Owner $105,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $775,000 +10.7% $576 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $699,999 -9.7% $520 / Sq Ft
08/29/2024 08/29/24 Off Market $775,000 -- --
08/26/2024 08/26/24 For Sale $699,999 -- $520 / 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 $885 $775,000 $525,000 $250,000
2024 $885 $52,735 $24,000 $28,735
2023 $873 $51,702 $23,530 $28,172
2022 $840 $50,689 $23,069 $27,620
2021 $822 $49,696 $22,617 $27,079
2020 $824 $49,188 $22,386 $26,802
2019 $802 $48,225 $21,948 $26,277
2018 $686 $47,280 $21,518 $25,762
2016 $639 $45,446 $20,684 $24,762
2015 $631 $44,765 $20,374 $24,391
2014 $646 $43,889 $19,975 $23,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24176989

California Regional Multiple Listing Service (CRMLS)

APN: 5191-008-016