NOT LISTED FOR SALE

Estimated Value: $798,000 - $954,502

4 Beds
3 Baths
1,842 Sq Ft
$477/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $685,000 $372 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,357/month

67 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Home Office
  • Living Room
  • Lawn
  • Walk-In Closet
  • Recessed Lighting

About This Home

As of May 2020

1185 & 1185 1/2 is a Beautiful 4 Bedroom Duplex Located In Downtown Los Angeles. Both units offer new plumbing, new electrical, new flooring, new windows, new hardware throughout, new fully updated bathrooms with quality finishings, new fully updated kitchens with quality stainless steel finishings, new recessed lighting, new central AC & heating in both units, new irrigation & landscaping. The front unit offers 3 spacious bedrooms, 1 1/2 bathrooms, a beautiful kitchen that is open to the dining & living room and an individual laundry area. The back unit offers 1 bedroom & 1 full bathroom, beautiful open kitchen, living room and spacious dining area. Best of all this property is conveniently located near the 110 & 10 FWY, Elementary & High School, USC & Downtown Los Angeles. Schedule your private showing today! This rare opportunity won’t last long!

Last Agent to Sell the Property

Adrian Hernandez

Berkshire Hathaway HomeServices Lifestyle Properties License #01913597 Listed on: 12/23/2019

Berkshire Hathaway HomeServices Lifestyle Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,399 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Lawn
  • Garden
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Turnkey

Interior Spaces

  • 1,842 Sq Ft Home
  • Recessed Lighting
  • Family Room
  • Living Room
  • Home Office
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 5114025030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LARD2
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5114025030
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Price Per Square Foot: 371.88
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Office, Walk-In Closet

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Garden, Landscaped, Lawn
  • Lot Size Sq Ft: 4399.00
  • Lot Size Acres: 0.1010

Multi Family

  • Lot Size Area: 4399.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2270.20
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Jul 10, 2020
Sold by
Martinez Delgado Elizabeth and Martinez Aron
Bought by
Martinez Delgado Elizabeth and Martinez Aron
Seller's Agent
Adrian Hernandez
Berkshire Hathaway HomeServices Lifestyle Properties
List Price
$679,000
Sold Price
$685,000
Premium/Discount to List
$6,000
0.88%
Current Estimated Value
$879,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,376
Avg. Annual Appreciation
4.54%

Purchase Details

Listed on
Dec 23, 2019
Closed on
May 11, 2020
Sold by
Martinez Flavia
Bought by
Tobon Gerardo Martinez
Seller's Agent
Adrian Hernandez
Berkshire Hathaway HomeServices Lifestyle Properties
List Price
$679,000
Sold Price
$685,000
Premium/Discount to List
$6,000
0.88%

Purchase Details

Closed on
Feb 11, 2020
Sold by
Interkline Llc
Bought by
Martinez Delgado Elizabeth and Martinez Aron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,592
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
May 23, 2019
Closed on
Jun 5, 2019
Sold by
White Bernard James
Bought by
Williams White Deborah R
Seller's Agent
Nia Dillard
Compass
Buyer's Agent
Nia Dillard
Compass
List Price
$365,900
Sold Price
$380,000
Premium/Discount to List
$14,100
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%

Purchase Details

Listed on
May 23, 2019
Closed on
May 31, 2019
Sold by
Williams Marjorie Neomia and The Henry And Marjorie Neomia
Bought by
Interkline Llc
Seller's Agent
Nia Dillard
Compass
Buyer's Agent
Nia Dillard
Compass
List Price
$365,900
Sold Price
$380,000
Premium/Discount to List
$14,100
3.85%

Purchase Details

Closed on
Dec 3, 2012
Sold by
Williams Marjorie Neomia and Williams White Deborah R
Bought by
Henry & Marjorie Neomia Williams Family

Purchase Details

Closed on
Apr 9, 2002
Sold by
Williams Marjorie Neoma
Bought by
Williams Marjorie Neoma and Williams White Deborah R
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
Martinez Delgado Elizabeth -- Western Resources Title
Tobon Gerardo Martinez -- Wfg National Title
Martinez Delgado Elizabeth $685,000 Wfg National Title
Williams White Deborah R -- Lawyers Title Company
Interkline Llc $380,000 Lawyers Title
Henry & Marjorie Neomia Williams Family -- None Available
Williams Marjorie Neoma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Delgado Elizabeth $672,592
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2020 05/18/20 Sold $685,000 +0.9% $372 / Sq Ft
04/24/2020 04/24/20 Price Changed $679,000 0.0% $369 / Sq Ft
04/07/2020 04/07/20 Price Changed $679,000 0.0% $369 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $679,000 0.0% $369 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $679,000 -1.5% $369 / Sq Ft
12/23/2019 12/23/19 For Sale $689,000 +81.3% $374 / Sq Ft
06/25/2019 06/25/19 Sold $380,000 +3.9% $206 / Sq Ft View Prior Sale
05/27/2019 05/27/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $365,900 -- $199 / 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 $9,159 $749,143 $492,139 $257,004
2024 $9,037 $734,455 $482,490 $251,965
2023 $8,862 $720,055 $473,030 $247,025
2022 $8,450 $705,937 $463,755 $242,182
2021 $8,341 $692,096 $454,662 $237,434
2020 $4,938 $387,600 $306,000 $81,600
2019 $642 $30,264 $13,154 $17,110
2018 $582 $29,672 $12,897 $16,775
2016 $536 $28,523 $12,398 $16,125
2015 $531 $28,095 $12,212 $15,883
2014 $547 $27,545 $11,973 $15,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19285136

California Regional Multiple Listing Service (CRMLS)

APN: 5114-025-030