NOT LISTED FOR SALE

Estimated Value: $712,000 - $922,000

5 Beds
3 Baths
2,034 Sq Ft
$403/Sq Ft Est. Value

Last Sold February 18, 2014

Last sale price $360,000 $177 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,612/month

34 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Wrought Iron Fence
  • Wood Flooring
  • Laundry Room
  • Level Lot

About This Home

As of February 2014

One of a kind duplex up for sale in a prime location of Los Angeles, California. This beauty has a large front unit with 3 large bedrooms and 2 bathrooms. A master bedroom with its own private bathroom. Each bedroom has lush new carpeting while the rest of the house has laminate wood floors and tile. The back unit is the perfect rental unit. 2 large bedrooms and 1 bath. These units are move in ready and will sell fast!! Located near George Washington Middle School, Ascot Avenue Elementary, USC and minutes to downtown LA. You wont find another property with this much space and such beauty! ***Appliances MAY be negotiable with strong offers

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 01/14/2014

Last Buyer's Agent

Carlos Hidalgo

Re/Max Top Producers License #01268921

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,055 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Level Lot
  • Front Yard Sprinklers

Home Design

  • Traditional Architecture
  • Property Attached
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,034 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 12 Parking Spaces
  • 6 Carport Spaces

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Assessor Parcel Number 5115035009

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $30,000
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

6,055 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5115035009
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 176.99
  • Room Type: Living Room

Exterior Features

  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Level, Sprinklers In Front
  • Lot Size Sq Ft: 6055.00
  • Lot Size Acres: 0.1390

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 2500.00
  • Lot Size Area: 6055.0000 Square Feet
  • Net Operating Income: 2500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 10
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2014
Closed on
Feb 11, 2014
Sold by
Martingale Investments Llc
Bought by
Tinti Miguel Armando and Tinti Juana Angel
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Carlos Hidalgo
Re/Max Top Producers
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%
Current Estimated Value
$807,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,558
Avg. Annual Appreciation
7.05%
Original Mortgage
$353,479
Outstanding Balance
$267,442
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$551,589

Purchase Details

Closed on
Jun 3, 2013
Sold by
Hernandez Salvador
Bought by
Martingale Investments Llc

Purchase Details

Closed on
Aug 17, 2007
Sold by
Hernandez Salvador
Bought by
Hernandez Salvador

Purchase Details

Closed on
May 3, 2006
Sold by
Zepeda Tomas
Bought by
Hernandez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Coefield Beverly and Estate Of Geraldine F Gordon
Bought by
Zepeda Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tinti Miguel Armando $360,000 Title 365
Martingale Investments Llc $265,000 Accommodation
Hernandez Salvador -- None Available
Hernandez Salvador $595,000 Investors Title Company
Zepeda Tomas $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tinti Miguel Armando $353,479
Previous Owner Hernandez Salvador $416,500
Previous Owner Zepeda Tomas $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2014 02/18/14 Sold $360,000 +2.9% $177 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $349,900 -- $172 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,472 $441,296 $245,166 $196,130
2024 $5,472 $432,644 $240,359 $192,285
2023 $5,369 $424,162 $235,647 $188,515
2022 $5,124 $415,846 $231,027 $184,819
2021 $5,052 $407,694 $226,498 $181,196
2019 $4,903 $395,604 $219,781 $175,823
2018 $4,812 $387,848 $215,472 $172,376
2016 $4,582 $372,790 $207,106 $165,684
2015 $4,516 $367,192 $203,996 $163,196
2014 $3,483 $266,202 $180,817 $85,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13250575

California Regional Multiple Listing Service (CRMLS)

APN: 5115-035-009

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