NOT LISTED FOR SALE

Estimated Value: $724,080 - $809,000

2 Beds
1 Bath
1,623 Sq Ft
$472/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $562,000 $346 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,822/month

9 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Laundry Room
  • Lawn
  • Living Room
  • Tile Flooring

About This Home

As of November 2020

Great opportunity to own an investment property and generate rental income or live in one and rent one. Move in ready and close to the freeway, shopping areas, LA Restaurants, public transportation, LA airport, and Downtown LA. Both units consist of 2 bedrooms and 2 full baths each. Spacious living with new laminate flooring and beautifully remodeled bathrooms. Beautiful front and back yard for entertainment and has a long driveway to accommodate several cars. Spacious detached garage with great potential for an ADU conversion with alley access.

Last Agent to Sell the Property

Ricardo Mazariegos

Executive Bankers Realty License #02109671 Listed on: 07/15/2020

Last Buyer's Agent

Gloria Alvarez

Mega Real Estate Advisors License #01514582

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,726

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 5,001 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Gated Parking

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,623 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 5278
  • Assessor Parcel Number 6052006025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,400
  • Trash Expense $360
  • New Taxes Expense $4,800
  • Operating Expense $7,560
  • Gross Income $39,600
  • Net Operating Income $32,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,726

Year Built

Built in 1946 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Zoning: LAR2
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6052006025
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 346.27
  • Room Type: Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1148

Multi Family

  • Gross Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 5001.0000 Square Feet
  • Net Operating Income: 32040.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7560.00
  • Rent Control: Yes
  • Total Expenses: 7560.00

Tax Info

  • New Taxes Expense: 4800.00
  • Tax Census Tract: 2405.00
  • Tax Lot: 26
  • Tax Tract Number: 5278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Nov 9, 2020
Sold by
Mazariegos Ricardo A
Bought by
Campos Jose Samuel and Campos Roger
Seller's Agent
Ricardo Mazariegos
Executive Bankers Realty
Buyer's Agent
Gloria Alvarez
Mega Real Estate Advisors
List Price
$585,000
Sold Price
$562,000
Premium/Discount to List
-$23,000
-3.93%
Current Estimated Value
$766,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,770
Avg. Annual Appreciation
6.73%
Original Mortgage
$551,820
Outstanding Balance
$493,277
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$273,493

Purchase Details

Closed on
Jan 13, 2005
Sold by
Molina Gladis
Bought by
Mazariegos Ricardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2004
Sold by
Molina Gladis
Bought by
Mazariegos Ricardo A

Purchase Details

Closed on
Sep 3, 2003
Sold by
Villanueva Maria L and Rico Rafael
Bought by
Molina Gladis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,150
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2002
Sold by
Rico Rafael and Melgar Pedro
Bought by
Villanueva Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.89%
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
Campos Jose Samuel $562,000 Pacific Coast Title Company
Mazariegos Ricardo A -- --
Mazariegos Ricardo A -- --
Molina Gladis $257,000 Southland Title
Villanueva Maria L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Jose Samuel $551,820
Previous Owner Mazariegos Ricardo A $380,000
Previous Owner Mazariegos Ricardo A $300,000
Previous Owner Molina Gladis $244,150
Previous Owner Villanueva Maria L $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $562,000 -3.9% $346 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $585,000 -- $360 / 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 $7,726 $608,324 $432,972 $175,352
2024 $7,726 $596,397 $424,483 $171,914
2023 $7,580 $584,704 $416,160 $168,544
2022 $7,238 $573,240 $408,000 $165,240
2021 $7,146 $562,000 $400,000 $162,000
2019 $4,852 $375,258 $287,393 $87,865
2018 $4,757 $367,908 $281,758 $86,150
2016 $4,531 $353,239 $270,818 $82,421
2015 $4,463 $347,934 $266,751 $81,183
2014 $4,480 $341,119 $261,526 $79,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20139690

California Regional Multiple Listing Service (CRMLS)

APN: 6052-006-025