NOT LISTED FOR SALE

1214 S Bonnie Beach Place Los Angeles, CA 90023

Estimated Value: $723,000 - $943,000

6 Beds
3 Baths
2,130 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 06, 2014

Last sale price $425,000 $200 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,159/month

3 Days on Market

About This Home

As of May 2014

Great income property with 1 vacant unit. Unit 1 is vacant and has 3 bedrooms, 1 bath and is recently updated throughout. Unit 2 is currently occupied and is being used as two separate living spaces but it's original configuration is a 3 bedroom unit. Unit 3 is occupied and is a 2 bedroom unit. There is plenty of parking and laundry onsite. Great rental property.

Last Agent to Sell the Property

Cristina Warfield

Compass License #01823970 Listed on: 04/18/2014

Compass

Last Buyer's Agent

Armando Hinojos Jr

License #01892195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,937

Year Built

  • Built in 1922

Lot Details

  • 6,460

Home Design

  • 2,130 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Additional Features

  • 6,460 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5241-006-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,937

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2130
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 199.53

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 113403
  • Assessed Land Value: 176868
  • Assessor Parcel Number: 5241-006-003
  • Geocode Override: No
  • Lot Size Area: 6460

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 25%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2014
Closed on
May 5, 2014
Sold by
Corona Erika
Bought by
Garcia Francisco Javier
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Armando Hinojos Jr
List Price
$379,000
Sold Price
$425,000
Premium/Discount to List
$46,000
12.14%
Current Estimated Value
$821,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,525
Avg. Annual Appreciation
5.97%

Purchase Details

Listed on
Apr 18, 2014
Closed on
Apr 28, 2014
Sold by
Lg Foreclosed Properties Llc
Bought by
Garcia Juan T and Garcia Tiburcio
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Armando Hinojos Jr
List Price
$379,000
Sold Price
$425,000
Premium/Discount to List
$46,000
12.14%

Purchase Details

Closed on
Feb 7, 2011
Sold by
Escudero Bernardo
Bought by
Lg Foreclosed Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,750
Interest Rate
4.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2009
Sold by
Escudero Bernardo
Bought by
Escudero Bernardo and Escudero Angel Benigno

Purchase Details

Closed on
Mar 29, 2006
Sold by
Escudero Guadalupe
Bought by
Escudero Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 17, 2006
Sold by
Gallardo Edward R and Gallardo Ophelia
Bought by
Escudero Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 11, 1996
Sold by
Gallardo Sara M
Bought by
Gallardo Sara M and Gallardo Edward R

Purchase Details

Closed on
Aug 19, 1993
Sold by
Gallardo Antonio Carlos and Gallardo Belinda
Bought by
Gallardo Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.25%
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
Garcia Francisco Javier -- Provident Title
Garcia Tiburcio -- Provident Title
Garcia Juan T $425,000 Provident Title
Lg Foreclosed Properties Llc -- Provident Title Company
Escudero Bernardo -- None Available
Escudero Bernardo -- Alliance Title
Escudero Bernardo $595,000 Alliance Title
Gallardo Sara M -- --
Gallardo Sara M -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lg Foreclosed Properties Llc $1,164,275
Previous Owner Lg Foreclosed Properties Llc $119,750
Previous Owner Escudero Bernardo $119,000
Previous Owner Gallardo Edward R $119,000
Previous Owner Escudero Bernardo $476,000
Previous Owner Gallardo Sara M $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2014 05/06/14 Sold $425,000 +12.1% $200 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $379,000 -- $178 / 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 $7,937 $520,980 $237,811 $283,169
2024 $7,937 $510,766 $233,149 $277,617
2023 $7,558 $500,752 $228,578 $272,174
2022 $7,236 $490,935 $224,097 $266,838
2021 $7,152 $481,309 $219,703 $261,606
2020 $7,200 $476,375 $217,451 $258,924
2019 $6,952 $467,036 $213,188 $253,848
2018 $6,772 $457,879 $209,008 $248,871
2016 $6,496 $440,101 $200,893 $239,208
2015 $6,402 $433,491 $197,876 $235,615
2014 $4,803 $291,587 $177,670 $113,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-749189

The MLS

APN: 5241-006-003