NOT LISTED FOR SALE

12221 S Broadway Los Angeles, CA 90061

Estimated Value: $721,156 - $862,000

4 Beds
2 Baths
1,618 Sq Ft
$488/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $560,000 $346 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,847/month

8 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • 4-minute walk to Athens Park
  • Accessible Parking
  • Heating System Uses Natural Gas

About This Home

As of December 2020

ATTENTION! This is a great rental income property in a great neighborhood. Close to Athens Parks, Public Transportation and Freeways. Extra rented unit in garage (no permitted). NO RENT CONTROL!!! PROPERTY IS BEING SOLD IN IT'S PRESENT AND PHYSICAL CONDITION WITHOUT REPAIRS.

Last Agent to Sell the Property

Marco Bajak

Grand Avenue Realty & Lending License #01374740 Listed on: 12/20/2019

Last Buyer's Agent

Sal Salinas

RE/MAX Galaxy License #01912363

RE/MAX Galaxy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,322

Year Built

  • Built in 1956

Lot Details

  • 5,224 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,618 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Accessible Parking

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 14 / 25
  • Tax Tract Number 7653
  • Assessor Parcel Number 6132022019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $480
  • Water Sewer Expense $1,000
  • New Taxes Expense $5,830
  • Operating Expense $8,510
  • Gross Income $31,200
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,322

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: ATHENS
  • Water Sewer Expenses: 1000.00
  • Zoning: LCR2*
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6132022019
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 346.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas
  • Sewer: Sewer Paid
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5224.00
  • Lot Size Acres: 0.1199

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5224.0000 Square Feet
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 2600.00
  • Total Expenses: 8510.00

Tax Info

  • New Taxes Expense: 5830.00
  • Tax Block: 25
  • Tax Census Tract: 5409.01
  • Tax Lot: 14
  • Tax Tract Number: 7653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Aldrete Sigifredo F
Bought by
Sanchez Griselda
Current Estimated Value
$789,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,895
Outstanding Balance
$166,322
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$623,217

Purchase Details

Listed on
Dec 20, 2019
Closed on
Oct 20, 2020
Sold by
Isias Aida Martinez
Bought by
Sanchez Efrain
Seller's Agent
Marco Bajak
Grand Avenue Realty & Lending
Buyer's Agent
Sal Salinas
RE/MAX Galaxy
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$448,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2019
Sold by
Islas Gaudencio
Bought by
Islas Aida Martinez

Purchase Details

Closed on
Aug 24, 2004
Sold by
Islas Gaudencio
Bought by
Islas Gaudencio and Islas Aida Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Martinez Alfonso
Bought by
Islas Gaudencio and Martinez Aida

Purchase Details

Closed on
Apr 4, 2002
Sold by
Federal National Mortgage Association
Bought by
Islas Gaudencio and Islas Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,987
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2001
Sold by
Washington Mutual Home Loans Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 25, 2001
Sold by
Taylor Martha Ann
Bought by
Washington Mutual Home Loans Inc and Pnc Mtg Corp Of America

Purchase Details

Closed on
Feb 16, 2000
Sold by
Oliver Christopher Robert
Bought by
Taylor Martha Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.27%

Purchase Details

Closed on
Jan 19, 2000
Sold by
Moe Stuff Inc
Bought by
Oliver Christopher Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.27%

Purchase Details

Closed on
Dec 31, 1998
Sold by
Howard Emery
Bought by
Moe Stuff Inc
Source: Public Records

Range of Values:

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Average Value
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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
Sanchez Griselda -- Lawyers Title
Sanchez Efrain -- Lawyers Title
Sanchez Efrain $560,000 Pacific Coast Title
Islas Aida Martinez -- Corinthian Title Company Inc
Islas Gaudencio -- Lawyers Title
Islas Gaudencio -- --
Islas Gaudencio $195,000 Fidelity National Title Co
Federal National Mortgage Association -- First American Title Co
Washington Mutual Home Loans Inc $126,649 First American Title Ins Co
Taylor Martha Ann $160,000 First American
Oliver Christopher Robert -- --
Moe Stuff Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Efrain $166,895
Previous Owner Sanchez Efrain $448,000
Previous Owner Islas Gaudencio $197,500
Previous Owner Islas Gaudencio $191,987
Previous Owner Taylor Martha Ann $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $560,000 0.0% $346 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
12/20/2019 12/20/19 For Sale $560,000 -- $346 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,322 $606,159 $487,093 $119,066
2024 $8,322 $594,275 $477,543 $116,732
2023 $8,015 $582,624 $468,180 $114,444
2022 $7,647 $571,200 $459,000 $112,200
2021 $7,562 $560,000 $450,000 $110,000
2020 $4,336 $283,901 $164,057 $119,844
2019 $4,188 $278,336 $160,841 $117,495
2018 $4,093 $272,880 $157,688 $115,192
2016 $3,917 $262,286 $151,566 $110,720
2015 $3,860 $258,347 $149,290 $109,057
2014 $3,863 $253,287 $146,366 $106,921
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marco Bajak

    Grand Avenue Realty & Lending

    Section Image
  • Sal Salinas

    Buyer's Agent in 2020

    Sal Salinas

    RE/MAX

    (323) 385-9516

    1 in this area

    54 Total Sales

    Sal Salinas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19284702

California Regional Multiple Listing Service (CRMLS)

APN: 6132-022-019

California Los Angeles County Los Angeles 90061

12221 S Broadway, Los Angeles, CA

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