NOT LISTED FOR SALE

1238 E 68th St Los Angeles, CA 90001

Estimated Value: $764,000 - $942,000

7 Beds
4 Baths
1,573 Sq Ft
$549/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $507,500 $323 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,452/month

28 Days on Market

About This Home

As of March 2018

Investors do not miss out on this great opportunity!! This 3 Unit property is in fair condition, all units will be delivered vacant. Please call me for private showings. Owner / Tenant require a 48 hour previous notice for any showing.

Last Agent to Sell the Property

Frank Garcia

VIP RE Firm License #02045442 Listed on: 01/16/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 5,128 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,573 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Tax Lot 477
  • Tax Tract Number 5450
  • Assessor Parcel Number 6010010012

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2
  • Trash Expense $3
  • Water Sewer Expense $3

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6010010012
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 322.63

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 3.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5128.00

Multi Family

  • Electric Expense: 2.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5329.00
  • Tax Lot: 477
  • Tax Tract Number: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Toumari and Elham
Bought by
Toumari 2020 Family Trust
Current Estimated Value
$863,563

Purchase Details

Closed on
Jul 5, 2019
Sold by
Hakakian Behrouz and Hakakian Mahkameh Javahery
Bought by
Hakakian Behrouz and Hakakian Mahkameh Javahery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2018
Closed on
Apr 13, 2018
Sold by
Torres Miguel Angel
Bought by
Hakakian Behrouz and Hakakian Mahkameh Javahery
Seller's Agent
Frank Garcia
VIP RE Firm
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$460,000
Sold Price
$507,500
Premium/Discount to List
$47,500
10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$225,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 16, 2018
Closed on
Apr 2, 2018
Sold by
Zollelhyan Ronit
Bought by
Zollelhyan Dror
Seller's Agent
Frank Garcia
VIP RE Firm
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$460,000
Sold Price
$507,500
Premium/Discount to List
$47,500
10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2004
Sold by
Torres Miguel Angel
Bought by
Torres Miguel Angel and Corona Gabriela G C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2003
Sold by
Peraza Sonia
Bought by
Peraza Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 11, 2003
Sold by
Corona Gabriela
Bought by
Torres Miguel Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 8, 2003
Sold by
Peraza Israel
Bought by
Torres Miguel Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 9, 2002
Sold by
Hud
Bought by
Peraza Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,760
Interest Rate
5.3%

Purchase Details

Closed on
Apr 17, 2001
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Jul 28, 1999
Sold by
Luna Oscar
Bought by
Gonzalez Everardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,683
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toumari 2020 Family Trust -- Accommodation/Courtesy Recordi
Hakakian Behrouz -- Stewart Title Of California
Hakakian Behrouz $450,000 Pacific Coast Title
Zollelhyan Dror -- Pacific Coast Title
Torres Miguel Angel -- --
Peraza Israel -- Stewart Title Company
Torres Miguel Angel -- Stewart Title
Torres Miguel Angel $265,000 Stewart Title Company
Peraza Israel $167,500 Stewart Title
Hud -- Fidelity National Title
Citimortgage Inc $175,062 --
Gonzalez Everardo $161,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hakakian Behrouz $427,000
Previous Owner Hakakian Behrouz $225,000
Previous Owner Torres Miguel Angel $279,000
Previous Owner Torres Miguel Angel $53,000
Previous Owner Peraza Israel $133,760
Previous Owner Gonzalez Everardo $159,683
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $507,500 +10.3% $323 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $460,000 -- $292 / 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 $11,289 $795,906 $530,604 $265,302
2024 $10,983 $780,300 $520,200 $260,100
2023 $10,547 $765,000 $510,000 $255,000
2022 $10,066 $750,000 $500,000 $250,000
2021 $6,915 $473,029 $262,794 $210,235
2019 $6,717 $459,000 $255,000 $204,000
2018 $5,138 $331,123 $98,710 $232,413
2016 $4,928 $318,267 $94,878 $223,389
2015 $4,858 $313,487 $93,453 $220,034
2014 $4,864 $307,347 $91,623 $215,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18022437

California Regional Multiple Listing Service (CRMLS)

APN: 6010-010-012