NOT LISTED FOR SALE

1231 S Duncan Ave Los Angeles, CA 90022

Estimated Value: $745,000 - $901,000

4 Beds
3 Baths
1,916 Sq Ft
$424/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $549,000 $287 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,991/month

46 Days on Market

Highlights

  • Laundry Room
  • James A. Garfield Senior High School Rated A
  • Paved or Partially Paved Lot

About This Home

As of July 2019

Great investment opportunity! 1 block from Ford Elementary. Walking distance to Citadel shopping outlets

Last Agent to Sell the Property

Louis LaRocco

Seven Gables Real Estate License #01442146 Listed on: 04/22/2019

Last Buyer's Agent

Minerva Corral

CORRAL INVESTMENTS & REALTY License #01041781

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,796

Year Built

  • Built in 1922

Lot Details

  • 5,460 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Home Design

  • 1,916 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 156
  • Tax Tract Number 5135
  • Assessor Parcel Number 5246003005

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,200
  • New Taxes Expense $6,000
  • Operating Expense $11,200
  • Gross Income $20,532
  • Net Operating Income $16,532

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,796

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR4*
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5246003005
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 286.53

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 5460.00
  • Lot Size Acres: 0.1253

Multi Family

  • Gross Income: 20532.00
  • Gross Scheduled Income: 20532.00
  • Lot Size Area: 5460.0000 Square Feet
  • Net Operating Income: 16532.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 4000.00
  • Rent Control: No
  • Total Expenses: 11200.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 5315.02
  • Tax Lot: 156
  • Tax Tract Number: 5135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 13, 2019
Sold by
Zaragoza Marta V and The Benita L Gonzalez 2005 Rev
Bought by
Corral Michael Alexander
Seller's Agent
Louis LaRocco
Seven Gables Real Estate
Buyer's Agent
Minerva Corral
CORRAL INVESTMENTS & REALTY
List Price
$549,000
Sold Price
$549,000
Current Estimated Value
$812,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,006
Avg. Annual Appreciation
6.46%
Original Mortgage
$452,472
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2005
Sold by
Gonzalez Benita L
Bought by
Gonzalez Benita L and The Benita L Gonzalez 2005 Rev
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
Corral Michael Alexander $549,000 Stewart Title
Gonzalez Benita L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corral Michael Alexander $452,472
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $549,000 0.0% $287 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $549,000 -- $287 / 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 $8,796 $600,407 $382,774 $217,633
2024 $8,796 $588,635 $375,269 $213,366
2023 $8,400 $577,094 $367,911 $209,183
2022 $8,032 $565,780 $360,698 $205,082
2021 $7,941 $554,687 $353,626 $201,061
2020 $7,997 $549,000 $350,000 $199,000
2019 $5,988 $389,012 $247,254 $141,758
2018 $5,851 $381,385 $242,406 $138,979
2016 $2,220 $76,459 $28,471 $47,988
2015 $2,195 $75,312 $28,044 $47,268
2014 $2,207 $73,838 $27,495 $46,343
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Louis LaRocco

    Seven Gables Real Estate

  • Minerva Corral

    Buyer's Agent in 2019

    Minerva Corral

    CORRAL INVESTMENTS & REALTY

    (626) 974-8223

    27 Total Sales

    Minerva Corral
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19098082

California Regional Multiple Listing Service (CRMLS)

APN: 5246-003-005

California Los Angeles County Los Angeles 90022

1231 S Duncan Ave, Los Angeles, CA

This home is located at 1231 S Duncan Ave, Los Angeles, CA 90022 since 22 April 2019 and is currently estimated at $812,006, approximately $423 per square foot. This property was built in 1922. 1231 S Duncan Ave is a home located in Los Angeles County with nearby schools including Ford Boulevard Elementary School, David Wark Griffith Middle School, and James A. Garfield Senior High School.

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

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