NOT LISTED FOR SALE

1225 Stringer Ave Los Angeles, CA 90063

Estimated Value: $723,000 - $1,008,000

6 Beds
4 Baths
1,912 Sq Ft
$439/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $625,000 $327 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,316/month

109 Days on Market

About This Home

As of March 2020

FIXER ALERT! Welcome to these Four units located in the up and coming area of City Terrace. The fourplex consists of: Unit 1= 3 Bedroom and 1 Bathroom. Unit 2= 2 Bedroom and 1 Bathroom. Unit 3=1 Bedroom and 1 Bathroom. Unit 4= Studio and 1 Bathroom. South Westerly views. Come take a look.

Last Agent to Sell the Property

Enrique Pintado

CENTURY 21 REALTY MASTERS License #01249099 Listed on: 11/02/2019

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,182

Year Built

  • Built in 1925

Lot Details

  • 7,571 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,912 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tax Lot 014
  • Tax Tract Number 5308
  • Assessor Parcel Number 5230001012

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,182

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5230001012
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 326.88

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7571.00
  • Lot Size Acres: 0.1738

Multi Family

  • Lot Size Area: 7571.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 014
  • Tax Tract Number: 5308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2019
Closed on
Feb 26, 2020
Sold by
Magnum Property Investments Llc
Bought by
Kurt Jared A
Seller's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$838,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,446
Avg. Annual Appreciation
4.80%
Original Mortgage
$500,000
Outstanding Balance
$442,939
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$365,691

Purchase Details

Closed on
Oct 4, 2019
Sold by
Mackey Martha
Bought by
Magnum Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 1, 2016
Sold by
Mackey Marti and The 1225 Stringer Avenue Partn
Bought by
Stringer Trust

Purchase Details

Closed on
Jan 3, 2016
Sold by
Mackey Marti and Stringer Trust
Bought by
The 1225 Stringer Avenue Partnership

Purchase Details

Closed on
Sep 14, 2009
Sold by
Mackey Martha
Bought by
Stringer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.17%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kurt Jared A $625,000 Fidelity National Title Co
Magnum Property Investments Llc $480,000 None Available
Stringer Trust -- None Available
The 1225 Stringer Avenue Partnership -- None Available
Stringer Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurt Jared A $130,000
Open Kurt Jared A $500,000
Previous Owner Magnum Property Investments Llc $147,500,000
Previous Owner Mackey Martha $80,000
Previous Owner Mackey Martha $500,000
Previous Owner Mackey Martha J $60,000
Previous Owner Mackey Martha $210,000
Previous Owner Mackey Martha $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $625,000 0.0% $327 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
11/02/2019 11/02/19 For Sale $625,000 -- $327 / 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 $10,182 $683,525 $464,798 $218,727
2024 $10,182 $670,124 $455,685 $214,439
2023 $9,680 $656,985 $446,750 $210,235
2022 $9,260 $644,104 $437,991 $206,113
2021 $9,158 $631,475 $429,403 $202,072
2020 $8,879 $596,000 $406,000 $190,000
2019 $7,605 $500,888 $300,533 $200,355
2018 $7,522 $491,068 $294,641 $196,427
2016 $5,853 $354,377 $218,079 $136,298
2015 $5,772 $349,055 $214,804 $134,251
2014 $5,784 $342,219 $210,597 $131,622
Source: Public Records

Agents Affiliated with this Home

  • Enrique Pintado

    Seller's Agent in 2020

    Enrique Pintado

    CENTURY 21 REALTY MASTERS

    (323) 722-7300

    10 in this area

    47 Total Sales

    Enrique Pintado
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19255815

California Regional Multiple Listing Service (CRMLS)

APN: 5230-001-012

California Los Angeles County Los Angeles 90063

1225 Stringer Ave, Los Angeles, CA

This home is located at 1225 Stringer Ave, Los Angeles, CA 90063 since 02 November 2019 and is currently estimated at $838,446, approximately $438 per square foot. This property was built in 1925. 1225 Stringer Ave is a home located in Los Angeles County with nearby schools including Robert F. Kennedy Elementary School, Belvedere Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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

Nearby Homes