NOT LISTED FOR SALE

1204 E 69th St Los Angeles, CA 90001

Estimated Value: $664,000 - $787,000

4 Beds
4 Baths
1,747 Sq Ft
$421/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $653,000 $374 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,680/month

114 Days on Market

About This Home

As of December 2022

Good income producing property in Unincorporated Los Angeles County. Four spacious 1bd/1bth units. Tenants are month to month. Good potential for increased rents.

Last Agent to Sell the Property

RICARDO GONZALEZ

CITYWIDE ELITE REALTY License #01183189 Listed on: 07/20/2022

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,852 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,747 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 540
  • Tax Tract Number 5450
  • Assessor Parcel Number 6010012004
  • $1,772 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Water Sewer Expense $1,200
  • Operating Expense $1,900
  • Gross Income $49,220
  • Net Operating Income $50,817

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LCR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6010012004
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, End Unit
  • Levels: One
  • Price Per Square Foot: 373.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4852.00
  • Lot Size Acres: 0.1114

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 49220.00
  • Gross Scheduled Income: 52717.00
  • Insurance Expense: 700.00
  • Lot Size Area: 4852.0000 Square Feet
  • Net Operating Income: 50817.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 1900.00
  • Rent Control: Yes
  • Total Actual Rent: 4393.07
  • Total Expenses: 1900.00

Tax Info

  • Tax Census Tract: 5329
  • Tax Lot: 540
  • Tax Tract Number: 5450
  • TaxOtherAnnualAssessmentAmount: 1772.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Nov 23, 2022
Sold by
Chavez Reynaldo R
Bought by
Rodriguez Abel
Seller's Agent
RICARDO GONZALEZ
CITYWIDE ELITE REALTY
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$729,995
Sold Price
$653,000
Premium/Discount to List
-$76,995
-10.55%
Views
3
Current Estimated Value
$735,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,263
Avg. Annual Appreciation
3.97%
Original Mortgage
$489,750
Outstanding Balance
$474,563
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$260,700

Purchase Details

Closed on
Aug 1, 2018
Sold by
Portillo Mirna
Bought by
Chavez Reynaldo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2018
Sold by
Salinas Joseph R and Joseph R Salinas Family Trust
Bought by
Chavez Reynaldo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2008
Sold by
Salinas Joseph R
Bought by
Salinas Joseph R and Joseph R Salinas Family Trust

Purchase Details

Closed on
Jun 18, 2003
Sold by
The Joseph R Salinas Trust #557-46-928
Bought by
Salinas Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
Salinas Joseph R
Bought by
Salinas Joseph R and Joseph R Salinas Trust

Purchase Details

Closed on
Jul 12, 1994
Sold by
Salinas Joseph Rudolph
Bought by
Salinas Joseph Rudolph

Purchase Details

Closed on
Apr 15, 1994
Sold by
Salinas Maria E
Bought by
Salinas Joseph 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
Rodriguez Abel $653,000 Provident Title
Chavez Reynaldo R -- Orange Coast Title Company
Chavez Reynaldo R $435,000 Orange Coast Title Company
Salinas Joseph R -- None Available
Salinas Joseph R -- First American Title Ins Co
Salinas Joseph R -- --
Salinas Joseph Rudolph -- --
Salinas Joseph R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Abel $489,750
Previous Owner Chavez Reynaldo R $348,000
Previous Owner Salinas Joseph R $126,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $653,000 -1.8% $374 / Sq Ft
12/14/2022 12/14/22 Price Changed $665,000 0.0% $381 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $665,000 -4.9% $381 / Sq Ft
09/14/2022 09/14/22 Price Changed $699,000 -4.2% $400 / Sq Ft
07/20/2022 07/20/22 For Sale $729,995 -- $418 / 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 $10,067 $679,381 $520,200 $159,181
2024 $10,067 $666,060 $510,000 $156,060
2023 $9,568 $653,000 $500,000 $153,000
2022 $7,051 $457,260 $262,793 $194,467
2021 $6,974 $448,295 $257,641 $190,654
2020 $7,019 $443,700 $255,000 $188,700
2019 $6,783 $435,000 $250,000 $185,000
2018 $4,986 $279,721 $77,693 $202,028
2016 $4,793 $268,861 $74,677 $194,184
2015 $4,728 $264,824 $73,556 $191,268
2014 $4,741 $259,638 $72,116 $187,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22159673

California Regional Multiple Listing Service (CRMLS)

APN: 6010-012-004