NOT LISTED FOR SALE

1222 W 38th St Los Angeles, CA 90037

Exposition Park Neighborhood

Estimated Value: $891,535 - $1,002,000

5 Beds
2 Baths
1,620 Sq Ft
$586/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $351,000 $217 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $5,456/month

40 Days on Market

About This Home

As of January 2013

Back on the Market!! Attention owner-occupants and INVESTORS! Beautiful DUPLEX, Move In Ready. Both units have been completely remodeled with new flooring, granite tops, stainless steel appliances and much more. New landscaping with automatic sprinkler system. Close proximity to USC and public transportation. Rent one unit and collect rent to help with mortgage costs. 100% vacant. Will not last at this price!

Last Agent to Sell the Property

Jacob Cohan

JCA Realty, Inc. License #01861582 Listed on: 10/09/2012

Last Buyer's Agent

Alice Roxas

Keller Williams Realty License #01017560

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 1920

Lot Details

  • 5,226

Home Design

  • 1,620 Sq Ft Home
  • Duplex
  • Composition Roof

Kitchen

  • Oven or Range
  • Freezer
  • Disposal

Parking

  • 4 Parking Spaces
  • Carport
  • Side by Side Parking

Additional Features

  • 5,226 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • 10-Story Property

Listing and Financial Details

  • Assessor Parcel Number 5037-011-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,313

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1620
  • Stories: 10
  • Year Built: 1920
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Freezer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 221.60

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport, Side By Side
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 98856
  • Assessed Land Value: 94068
  • Assessor Parcel Number: 5037-011-022
  • Lot Size Area: 5226

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2012
Closed on
Nov 27, 2012
Sold by
Inmm Llc
Bought by
Chow Dylan
Seller's Agent
Jacob Cohan
JCA Realty, Inc.
Buyer's Agent
Alice Roxas
Keller Williams Realty
List Price
$375,000
Sold Price
$351,000
Premium/Discount to List
-$24,000
-6.4%
Current Estimated Value
$920,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,119
Avg. Annual Appreciation
8.21%
Original Mortgage
$228,150
Outstanding Balance
$157,890
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$790,745

Purchase Details

Listed on
May 31, 2012
Closed on
Jun 20, 2012
Sold by
Bac Home Loans Servicing Lp
Bought by
Inmm Llc
Seller's Agent
Diana Alon
No Firm Affiliation
Buyer's Agent
David Prieto
Sync Brokerage, Inc.
Sold Price
$244,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.30%
Original Mortgage
$133,100
Interest Rate
3.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2011
Sold by
Linan Luis G
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Nov 8, 2006
Sold by
Avenida Properties Inc
Bought by
Linan Luis G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.93%
Mortgage Type
Balloon

Purchase Details

Closed on
May 11, 2006
Sold by
White Ireatha
Bought by
Avenida Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.46%
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
Chow Dylan $351,000 Fidelity Van Nuys
Inmm Llc $242,000 None Available
Bac Home Loans Servicing Lp $202,500 Landsafe Default Inc
Linan Luis G $600,000 Southland Title Corporation
Avenida Properties $380,000 Commonwealth Land Title
White Ireatha -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow Dylan $228,150
Previous Owner Inmm Llc $133,100
Previous Owner Linan Luis G $480,000
Previous Owner White Ireatha $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2013 01/10/13 Sold $351,000 -6.4% $217 / Sq Ft
11/18/2012 11/18/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $375,000 +53.7% $231 / Sq Ft
07/17/2012 07/17/12 Sold $244,000 -- $151 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
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 $5,313 $432,218 $309,080 $123,138
2024 $5,313 $423,744 $303,020 $120,724
2023 $5,216 $415,436 $297,079 $118,357
2022 $4,982 $407,291 $291,254 $116,037
2021 $4,912 $399,306 $285,544 $113,762
2019 $4,767 $387,465 $277,076 $110,389
2018 $4,679 $379,869 $271,644 $108,225
2016 $4,464 $365,120 $261,097 $104,023
2015 $4,416 $359,637 $257,176 $102,461
2014 $4,510 $352,593 $252,139 $100,454
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jacob Cohan

    JCA Realty, Inc.

    (310) 779-9500

    1 Total Sale

    Section Image
  • Alice Roxas

    Buyer's Agent in 2013

    Alice Roxas

    Keller Williams Realty

    (323) 316-8775

    9 Total Sales

    Section Image

  • D

    Seller's Agent in 2012

    Diana Alon

    No Firm Affiliation

  • David Prieto

    Buyer's Agent in 2012

    David Prieto

    Sync Brokerage, Inc.

    (818) 422-3831

    52 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 12-629125

The MLS

APN: 5037-011-022

California Los Angeles County Los Angeles 90007 Exposition Park

1222 W 38th St, Los Angeles, CA

This home is located at 1222 W 38th St, Los Angeles, CA 90037 since 09 October 2012 and is currently estimated at $948,634, approximately $585 per square foot. This property was built in 1920. 1222 W 38th St is a home located in Los Angeles County with nearby schools including Lenicia B. Weemes Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

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