NOT LISTED FOR SALE

1184 Spence St Los Angeles, CA 90023

Estimated Value: $779,000 - $831,396

5 Beds
3 Baths
1,898 Sq Ft
$426/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $620,000 $327 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,124/month

134 Days on Market

Highlights

  • Granite Countertops
  • Living Room
  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • Recessed Lighting
  • Ceiling Fan

About This Home

As of November 2019

REMODELED DUPLEX, in Boyle Heights! These units have been remodeled from top to bottom. Offers 3 bedroom and 2 baths with 2 car garage in front unit, and a 2 bedroom, 1 bath in the back unit. They both feature, new copper piping, new roof, laminate flooring throughout each unit. In the kitchen you can find recessed lighting, granite counter-tops and beautiful new white cabinetry to tie it all together. In the kitchen is also where you will find the washer and dryer hook ups. Conveniently close to parks, school, and shopping. This Duplex has been well done from top to bottom. This is a great investment opportunity with no work to do!

Last Agent to Sell the Property

Christian Fuentes

RE/MAX TOP PRODUCERS License #01262973 Listed on: 05/09/2019

RE/MAX TOP PRODUCERS

Last Buyer's Agent

Martha Washington

Realty One Group United License #01733042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,346

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 4,872 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • No Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,898 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Laminate Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 195
  • Assessor Parcel Number 5191015005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $50
  • Gross Income $4,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,346

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: No
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5191015005
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 326.66
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, No Landscaping, Paved
  • Lot Size Sq Ft: 4872.00
  • Lot Size Acres: 0.1118

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 4100.00
  • Lot Size Area: 4872.0000 Square Feet
  • Maintenance Expense: 50.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 4100.00

Tax Info

  • Tax Census Tract: 2049.20
  • Tax Lot: 195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Sep 25, 2019
Sold by
A & L Financial Group Llc
Bought by
Sanchez Cesar Sebastian and Sanchez Oscar Alejandro
Seller's Agent
Christian Fuentes
RE/MAX TOP PRODUCERS
Buyer's Agent
Martha Washington
Realty One Group United
List Price
$629,999
Sold Price
$620,000
Premium/Discount to List
-$9,999
-1.59%
Current Estimated Value
$808,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,849
Avg. Annual Appreciation
4.74%
Original Mortgage
$527,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2018
Sold by
J & C Financial Group Llc
Bought by
A & L Financial Group Llc

Purchase Details

Closed on
May 17, 2017
Sold by
Ruiz Belinda Grace
Bought by
J & C Financial Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2016
Sold by
Ruiz Manuela Alvarez
Bought by
Ruiz Manuela Alvarez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,500
Interest Rate
4.55%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 3, 2001
Sold by
Ruiz Manuela A
Bought by
Ruiz Manuela Alvarez and The Ruiz Family Trust
Source: Public Records

Range of Values:

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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
Sanchez Cesar Sebastian $620,000 First American Title Company
A & L Financial Group Llc -- Accommodation
J & C Financial Group Llc $360,000 Provident Title Company
Ruiz Manuela Alvarez -- Pacific Coast Title Company
Ruiz Manuela Alvarez -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Cesar Sebastian $527,825
Previous Owner Sanchez Cesar Sebastian $527,000
Previous Owner J & C Financial Group Llc $252,000
Previous Owner Ruiz Manuela Alvarez $583,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $620,000 0.0% $327 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $619,900 -1.6% $327 / Sq Ft
08/01/2019 08/01/19 Price Changed $629,999 0.0% $332 / Sq Ft
08/01/2019 08/01/19 For Sale $629,999 -1.6% $332 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $639,999 -1.5% $337 / Sq Ft
05/09/2019 05/09/19 For Sale $649,999 0.0% $342 / Sq Ft
03/15/2019 03/15/19 Rented $2,300 0.0% --
01/21/2019 01/21/19 Price Changed $2,300 -4.2% $2 / Sq Ft
12/11/2018 12/11/18 Price Changed $2,400 -4.0% $2 / Sq Ft
11/30/2018 11/30/18 For Rent $2,500 -- --
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 $8,346 $678,056 $382,774 $295,282
2024 $8,346 $664,762 $375,269 $289,493
2023 $8,188 $651,728 $367,911 $283,817
2022 $7,812 $638,950 $360,698 $278,252
2021 $7,712 $626,423 $353,626 $272,797
2019 $5,258 $418,200 $259,080 $159,120
2018 $4,627 $367,200 $208,080 $159,120
2016 $906 $66,012 $20,474 $45,538
2015 $895 $65,021 $20,167 $44,854
2014 $910 $63,748 $19,772 $43,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19108006

California Regional Multiple Listing Service (CRMLS)

APN: 5191-015-005