R
Seller's Agent in 2018
Ray Penado
Excellence RE Real Estate
120 E 59th Place Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $919,000 - $1,023,000
8
Beds
4
Baths
2,508
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Wood Flooring
- Private Yard
- Property is near public transit
- Granite Countertops
- No HOA
About This Home
As of February 2018Duplex built in 2007. 2 Units, Each unit features 4 bedrooms / 2 full bathrooms. Each unit has a laundry closet inside, carport and open parking area in the rear yard. Units are both currently rented out. Property can be negotiated vacant if desired. Currently each unit collects $1900 each.
Last Agent to Sell the Property
Ray Penado
Excellence RE Real Estate License #01709871 Listed on: 12/11/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2007
Lot Details
- 5,120 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Wood Fence
- Paved or Partially Paved Lot
- Front Yard Sprinklers
- Private Yard
- Back Yard
Home Design
- Duplex
- Contemporary Architecture
- Raised Foundation
- Shingle Roof
- Composition Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 2,508 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Granite Countertops
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Open Parking Spaces
- 6 Parking Spaces
- 2 Carport Spaces
Utilities
- Wall Furnace
- Natural Gas Connected
- Phone Available
- Cable TV Not Available
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for cable TV, electricity, trash collection
- Tax Lot 143
- Tax Tract Number 2392
- Assessor Parcel Number 6006006010
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $50
- Water Sewer Expense $200
- New Taxes Expense $7,427
- Operating Expense $250
- Gross Income $3,800
- Net Operating Income $3,550
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2017
Closed on
Jan 5, 2018
Sold by
Jv & Investments Group Llc
Bought by
Mehrish Sumit and Dixit Varsha
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Nick Agnihotri
Amberwood Real Estate
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,568
Avg. Annual Appreciation
6.85%
Original Mortgage
$431,250
Outstanding Balance
$363,924
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$607,644
Purchase Details
Closed on
Aug 27, 2015
Sold by
Vivanco Juan
Bought by
Jv & Investments Group
Purchase Details
Closed on
May 28, 2008
Sold by
California Realty & Investment Group Inc
Bought by
Vivanco Juan
Purchase Details
Closed on
Jun 11, 2007
Sold by
Williams Lillie Kay
Bought by
California Realty & Investments Group In
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 1999
Sold by
Williams Lillie K
Bought by
Williams Lillie Kay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.2%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 5, 1999
Sold by
Williams Lillie K
Bought by
Williams Lillie Kay and Giron Patricia Olivia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.2%
Mortgage Type
Stand Alone Second
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mehrish Sumit | $575,000 | Fidelity National Title Comp | |
| Jv & Investments Group | -- | None Available | |
| Vivanco Juan | -- | Accommodation | |
| Vivanco Juan | -- | Accommodation | |
| California Realty & Investments Group In | $320,000 | Southland Title | |
| Williams Lillie Kay | -- | United Title | |
| Williams Lillie Kay | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mehrish Sumit | $431,250 | |
| Previous Owner | California Realty & Investments Group In | $250,000 | |
| Previous Owner | Williams Lillie Kay | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2018 02/05/18 | Sold | $575,000 | -4.0% | $229 / Sq Ft |
| 12/26/2017 12/26/17 | Pending | -- | -- | -- |
| 12/11/2017 12/11/17 | For Sale | $599,000 | -- | $239 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,060 | $654,246 | $369,792 | $284,454 |
| 2024 | $8,060 | $641,419 | $362,542 | $278,877 |
| 2023 | $7,907 | $628,843 | $355,434 | $273,409 |
| 2022 | $7,543 | $616,514 | $348,465 | $268,049 |
| 2021 | $7,442 | $604,427 | $341,633 | $262,794 |
| 2019 | $7,222 | $586,500 | $331,500 | $255,000 |
| 2018 | $5,871 | $468,180 | $291,312 | $176,868 |
| 2016 | $5,594 | $450,000 | $280,000 | $170,000 |
| 2015 | $5,904 | $476,000 | $274,100 | $201,900 |
| 2014 | $4,901 | $382,000 | $220,000 | $162,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Vanessa Penado
V
Seller Co-Listing Agent in 2018
Vanessa Penado
Excellence RE Real Estate
(562) 413-5896
6 Total Sales
-
Nick Agnihotri
N
Buyer's Agent in 2018
Nick Agnihotri
Amberwood Real Estate
(562) 293-2000
1 in this area
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW17273115
APN: 6006-006-010
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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