Seller's Agent in 2024
Alberto Sanchez
Century 21 Allstars
(562) 806-1000
4 in this area
85 Total Sales
1238 E 69th St Los Angeles, CA 90001
Estimated Value: $613,000 - $874,000
5
Beds
3
Baths
1,924
Sq Ft
$406/Sq Ft
Est. Value
About This Home
As of April 2024Welcome to your next investment opportunity! Nestled in a desirable residential neighborhood, this income property boasts four well-designed units, offering versatility and potential for various income streams. With a spacious lot, three one-car garages, and a long driveway, ample parking and outdoor space are provided. The main building features three comfortable units with modern amenities and charming architectural details, complemented by secure parking and storage options. Its prime location ensures easy access to amenities, schools, and transportation, enhancing both livability and market demand. Whether you're a seasoned investor or newcomer, this property offers a solid entry point into the real estate market with its well-maintained condition, multiple income streams, and growth potential. Don't miss out on this lucrative opportunity – schedule a viewing today and unlock the potential of this residential income property!(This property is a part of the Los Angeles County, not city!)
Last Agent to Sell the Property
Century 21 Allstars Brokerage Phone: 323-326-0133 License #02028262 Listed on: 02/27/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 4,916 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Back and Front Yard
Parking
- 3 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 5 Bedrooms
- 1,924 Sq Ft Home
- 2-Story Property
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 548
- Tax Tract Number 5450
- Assessor Parcel Number 6010012012
- $1,474 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $75,000
- Net Operating Income $75,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2024
Closed on
Apr 23, 2024
Sold by
David Mar and David Regina Chin
Bought by
Nwosu Onyebuchi M and Nwosu Ebere A
Seller's Agent
Alberto Sanchez
Century 21 Allstars
Buyer's Agent
Shanelle Tolosa
Trends RE Inc.
List Price
$775,000
Sold Price
$785,000
Premium/Discount to List
$10,000
1.29%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,255
Avg. Annual Appreciation
-0.32%
Original Mortgage
$588,750
Outstanding Balance
$579,717
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$201,028
Purchase Details
Closed on
Dec 17, 2015
Sold by
Mar David and Mar Regina
Bought by
David Mar & Regina Chin Wong Mar Family
Purchase Details
Closed on
Oct 27, 2011
Sold by
Canister Ale and Smith James T
Bought by
Mar David and Mar Regina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,250
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2009
Sold by
Smith Edmond and Smith Iris
Bought by
Smith Edmond and Smith Iris
Purchase Details
Closed on
Jun 4, 2002
Sold by
Smith Edmond W
Bought by
Smith Edmond W and Smith Iris T H
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nwosu Onyebuchi M | $785,000 | Wfg National Title | |
| David Mar & Regina Chin Wong Mar Family | -- | Accommodation | |
| Mar David | $270,000 | Chicago Title | |
| Smith Edmond | -- | None Available | |
| Smith Edmond W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nwosu Onyebuchi M | $588,750 | |
| Previous Owner | Mar David | $194,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $785,000 | +1.3% | $408 / Sq Ft |
| 03/18/2024 03/18/24 | For Sale | $775,000 | 0.0% | $403 / Sq Ft |
| 03/07/2024 03/07/24 | Pending | -- | -- | -- |
| 02/27/2024 02/27/24 | For Sale | $775,000 | -- | $403 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,684 | $800,700 | $714,000 | $86,700 |
| 2024 | $5,684 | $332,472 | $166,605 | $165,867 |
| 2023 | $5,346 | $325,954 | $163,339 | $162,615 |
| 2022 | $5,133 | $319,564 | $160,137 | $159,427 |
| 2021 | $5,073 | $313,299 | $156,998 | $156,301 |
| 2020 | $5,102 | $310,088 | $155,389 | $154,699 |
| 2019 | $4,936 | $304,009 | $152,343 | $151,666 |
| 2018 | $4,853 | $298,049 | $149,356 | $148,693 |
| 2016 | $4,654 | $286,477 | $143,557 | $142,920 |
| 2015 | $4,589 | $282,175 | $141,401 | $140,774 |
| 2014 | $4,597 | $276,649 | $138,632 | $138,017 |
Source: Public Records
Agents Affiliated with this Home
-
Alberto Sanchez
-
Shanelle Tolosa
S
Buyer's Agent in 2024
Shanelle Tolosa
Trends RE Inc.
(818) 360-3430
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24039774
APN: 6010-012-012
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.
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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