NOT LISTED FOR SALE

1209 -1217 E 67th St Los Angeles, CA 90001

Estimated Value: $761,000 - $1,344,000

11 Beds
6 Baths
3,750 Sq Ft
$281/Sq Ft Est. Value

Last Sold November 20, 2014

Last sale price $739,000 $197 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,536/month

46 Days on Market

Highlights

  • Built-In Features
  • Ceiling Fan
  • Carpet
  • Laundry Room
  • Turnkey
  • Wall Furnace

About This Home

As of November 2014

Fantastic opportunity to own residential income unit with great income potential. The property is centrally located with proximity to the 105, 110 and the 10 freeways. It is a pair of triplexes, allowing for multitude of financing options. Situated behind a pair of palm trees, these Spanish style units are freestanding with unparalleled privacy for the occupants. The property has been completely rehabbed with new plumbing, new electrical, lighting, interior/exterior paint, new landscape, and new bathroom fixtures. The kitchen features granite counter-top, tile flooring, custom cabinets and a range/over. This is truly a must see! 7.8% cap rate!

Last Agent to Sell the Property

Timothy Pai

No Firm Affiliation License #01786441 Listed on: 07/28/2014

Last Buyer's Agent

Nancy Morris

Keller Williams Realty License #01511033

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,629

Year Built

  • Built in 1924

Lot Details

  • 9,706 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 3,750 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Carpet
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 384
  • Tax Tract Number 5450
  • Assessor Parcel Number 6010006028

Community Details

Overview

  • 6 Buildings
  • 6 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $7,250
  • Net Operating Income $60,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,629

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 7.80
  • Other Phone Description: Cellphone
  • Other Phone Number: 818-738-0219
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s)
  • Zoning: LCR3YY
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6010006028
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Price Per Square Foot: 197.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 9706.00
  • Lot Size Acres: 0.2230

Multi Family

  • Gross Income: 7250.00
  • Gross Scheduled Income: 85800.00
  • Lot Size Area: 9706.0000 Square Feet
  • Net Operating Income: 60060.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 6
  • Operating Expense: 25740.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 384
  • Tax Tract Number: 5450
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Salazar Victor
Bought by
Salazar Family Revocable Living Trust and Salazar
Current Estimated Value
$1,054,333

Purchase Details

Closed on
Feb 7, 2017
Sold by
Firestone Scott and Firestone Gia Christina Nelson
Bought by
4632 La Mirada Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.32%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 16, 2014
Sold by
Strategic Fund 73 Llc
Bought by
Firestone Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,125
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2013
Sold by
Strategic Acquisitions Inc
Bought by
Strategic Fund 23 Llc

Purchase Details

Closed on
Oct 8, 2012
Sold by
Coy Catherine L
Bought by
Strategic Acquisitions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 13, 2006
Sold by
Coy Catherine
Bought by
Coy Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,600
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Salazar Family Revocable Living Trust -- None Listed On Document
4632 La Mirada Llc $890,000 North American Title Company
Firestone Family Trust -- Fidelity National Title Co
Strategic Fund 23 Llc -- Accommodation
Strategic Acquisitions Inc $230,000 None Available
Coy Catherine L -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner La Mirada Llc $850,000
Previous Owner 4632 La Mirada Llc $620,000
Previous Owner Firestone Family Trust $277,125
Previous Owner Strategic Acquisitions Inc $184,000
Previous Owner Coy Catherine L $401,600
Previous Owner Coy Catherine $129,500
Previous Owner Coy Catherine L $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2014 11/20/14 Sold $739,000 -5.3% $197 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $780,000 -- $208 / 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 $9,629 $676,260 $416,160 $260,100
2024 $9,629 $663,000 $408,000 $255,000
2023 $7,262 $485,247 $334,654 $150,593
2022 $6,951 $475,734 $328,093 $147,641
2021 $6,872 $466,407 $321,660 $144,747
2020 $6,918 $461,625 $318,362 $143,263
2019 $6,676 $452,574 $312,120 $140,454
2018 $6,565 $443,700 $306,000 $137,700
2016 $5,694 $375,134 $233,101 $142,033
2015 $5,613 $369,500 $229,600 $139,900
2014 $4,176 $241,089 $150,681 $90,408
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Timothy Pai

    No Firm Affiliation

  • N

    Buyer's Agent in 2014

    Nancy Morris

    Keller Williams Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14159872

California Regional Multiple Listing Service (CRMLS)

APN: 6010-006-028

California Los Angeles County Los Angeles 90001

1209 -1217 E 67th St, Los Angeles, CA

This home is located at 1209 -1217 E 67th St, Los Angeles, CA 90001 since 28 July 2014 and is currently estimated at $1,054,333, approximately $281 per square foot. This property was built in 1924. 1209 -1217 E 67th St is a home located in Los Angeles County with nearby schools including Miramonte Elementary School, Thomas A. Edison Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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California Regional Multiple Listing Service (CRMLS) 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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