Seller's Agent in 2013
Armando Arenas
GEORGE MICHAEL REALTY
(323) 697-2010
50 Total Sales
1218 Los Palos St Los Angeles, CA 90023
Estimated Value: $820,000 - $1,067,000
6
Beds
3
Baths
1,896
Sq Ft
$476/Sq Ft
Est. Value
Highlights
- No HOA
- Views
- Laundry Room
- Felicitas and Gonzalo Mendez High Rated A-
- Tile Countertops
- Tile Flooring
About This Home
As of June 2013Back on market as of 4/18/2013. Great property for owner user or investor looking for cash flow. 3 houses on a lot all with 3 separate electric and gas meters, 2 separate water meters. 1218 1/2 and 1218 3/4 have been completely remodeled. Front house is tenant occupied (Tenant to remain at close of escrow)and in fair condition, rear 2 houses are vacant and remodeled. 1218 is 2 bedroom with bonus room and 1 bath. 1218 1/2 has 3 bedrooms, 1 bath and laundry room. 1218 3/4 has 1 bedroom 1 bath. Property profile shows a total of 5 bedrooms. Property looks great inside and out. PROPERTY APPRAISED AT $400,000.00.
Last Agent to Sell the Property
GEORGE MICHAEL REALTY License #01168227 Listed on: 04/18/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,159
Year Built
- Built in 1926
Lot Details
- 4,834 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Chain Link Fence
- Level Lot
Home Design
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Fire Rated Drywall
- Composition Roof
- Stucco
Interior Spaces
- 1,896 Sq Ft Home
- 1-Story Property
- Low Emissivity Windows
- Panel Doors
- Window Bars
- Tile Countertops
- Property Views
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Parking
- 4 Parking Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tax Lot 100
- Tax Tract Number 3840
- Assessor Parcel Number 5191027024
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2013
Closed on
Apr 25, 2013
Sold by
Hernandez Felipe R
Bought by
Alanis Rodrigo
Seller's Agent
Armando Arenas
GEORGE MICHAEL REALTY
Buyer's Agent
ROSAURA LAVENANT
EXCELLENCE RE REAL ESTATE
List Price
$370,000
Sold Price
$399,000
Premium/Discount to List
$29,000
7.84%
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
$503,851
Avg. Annual Appreciation
6.40%
Original Mortgage
$391,773
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 2, 2012
Sold by
The Bank Of New York Mellon
Bought by
Hernandez Felipe R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2012
Sold by
Snyder Edward B
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Aug 23, 2010
Sold by
Snyder Edward B
Bought by
The Bankof New York Mellon and The Bank Of New York
Purchase Details
Closed on
Dec 15, 2006
Sold by
Sayder Edward B
Bought by
Snyder Eric
Purchase Details
Closed on
Feb 24, 2006
Sold by
Arreaga Andres
Bought by
Snyder Edward B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 8, 2004
Sold by
Arreaga Maria I
Bought by
Arreaga Andres
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2004
Sold by
Holman Amalia A and Holman Jerry
Bought by
Arreaga Andres
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 2002
Sold by
Holman Emmett and Gonzalez Emmett
Bought by
The Holman Family Trust
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 |
|---|---|---|---|
| Alanis Rodrigo | $399,000 | Wfg Title Company Of Ca | |
| Hernandez Felipe R | $199,500 | Itc | |
| The Bank Of New York Mellon | $245,700 | Landsafe Title | |
| The Bankof New York Mellon | $211,050 | Landsafe Title | |
| Snyder Eric | -- | Ticor Title Company | |
| Snyder Edward B | $500,000 | Fidelity National Title Co | |
| Arreaga Andres | -- | First American Title Co La | |
| Arreaga Andres | $355,000 | First American Title Co La | |
| The Holman Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alanis Rodrigo | $399,000 | |
| Closed | Alanis Rodrigo | $386,280 | |
| Previous Owner | Alanis Rodrigo | $391,773 | |
| Previous Owner | Hernandez Felipe R | $150,000 | |
| Previous Owner | Snyder Edward B | $350,000 | |
| Previous Owner | Snyder Edward B | $100,000 | |
| Previous Owner | Snyder Edward B | $350,000 | |
| Previous Owner | Arreaga Andres | $356,000 | |
| Previous Owner | Arreaga Andres | $284,000 | |
| Closed | Arreaga Andres | $53,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2013 06/14/13 | Sold | $399,000 | +7.8% | $210 / Sq Ft |
| 04/25/2013 04/25/13 | Pending | -- | -- | -- |
| 03/22/2013 03/22/13 | For Sale | $370,000 | -- | $195 / 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 | $6,159 | $491,326 | $184,707 | $306,619 |
| 2024 | $6,159 | $481,693 | $181,086 | $300,607 |
| 2023 | $6,045 | $472,249 | $177,536 | $294,713 |
| 2022 | $5,771 | $462,990 | $174,055 | $288,935 |
| 2021 | $5,695 | $453,913 | $170,643 | $283,270 |
| 2020 | $5,748 | $449,260 | $168,894 | $280,366 |
| 2019 | $5,529 | $440,452 | $165,583 | $274,869 |
| 2018 | $5,437 | $431,817 | $162,337 | $269,480 |
| 2016 | $5,187 | $415,051 | $156,034 | $259,017 |
| 2015 | $5,114 | $408,818 | $153,691 | $255,127 |
| 2014 | $5,148 | $400,811 | $150,681 | $250,130 |
Source: Public Records
Agents Affiliated with this Home
-
Armando Arenas
-
ROSAURA LAVENANT
R
Buyer's Agent in 2013
ROSAURA LAVENANT
EXCELLENCE RE REAL ESTATE
(562) 948-4553
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB13049872
APN: 5191-027-024
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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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