NOT LISTED FOR SALE

1209 E 67th St Los Angeles, CA 90001

Estimated Value: $860,000 - $1,075,000

12 Beds
6 Baths
3,750 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $1,250,000 $333 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $5,768/month

161 Days on Market

About This Home

As of June 2023

$200k Reduction!! Double Lot -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 .ALL Six Units Renovated in 2014 and Fully Occupied

Last Agent to Sell the Property

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 11/07/2022

Home Team Realty

Last Buyer's Agent

Jose Leiva

Century 21 Allstars License #01219706

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 9,704

Home Design

  • 3,750 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Additional Features

  • 9,704 Sq Ft Lot
  • Ground Level Unit
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, cable TV, electricity
  • The owner pays for water
  • Assessor Parcel Number 6010-006-028

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Building Permit: No
  • Living Area: 3750
  • Lot Acreage: 0.1128
  • Probate: No
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 333.33

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Heating: Natural Gas
  • Security: Carbon Monoxide Detector(s)
  • Water Heaters: No

Lot Info

  • Assessed Improvement Percent: 31.03
  • Assessed Improvement Value: 147641
  • Assessed Land Percent: 68.97
  • Assessed Land Value: 328093
  • Total Assessed Value: 475734
  • Assessor Parcel Number: 6010-006-028
  • Lot Size Area: 9704

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 6
  • Type Of Units: multi

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Aug 3, 2023
Sold by
Salazar Victor
Bought by
Salazar Family Revocable Living Trust and Salazar
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Jose Leiva
Century 21 Allstars
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Views
78
Current Estimated Value
$950,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$299,333
Avg. Annual Appreciation
-10.07%

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

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:

--
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
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 4632 La Mirada Llc $620,000
Previous Owner Firestone Family Trust $277,125
Previous Owner Coy Catherine L $401,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $1,250,000 0.0% $333 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
12/02/2022 12/02/22 Price Changed $1,250,000 -13.8% $333 / Sq Ft
11/07/2022 11/07/22 For Sale $1,450,000 -- $387 / Sq Ft
Source: The MLS

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

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Map

Source: The MLS

MLS Number: 22-215533

The MLS

APN: 6010-006-028