NOT LISTED FOR SALE

Estimated Value: $700,000 - $820,000

4 Beds
3 Baths
1,500 Sq Ft
$505/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $645,000 $430 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,797/month

106 Days on Market

Highlights

  • Property is near a park
  • Converted Garage
  • Recessed Lighting
  • No HOA
  • Living Room
  • Laundry Room

About This Home

As of February 2022

Great Upside Rental Potential in this Conveniently and centrally located and well taken care of units featuring 2 bedrooms, 1 bath each, good size lot for parking up to 6 cars. Excellent area close to the SOFI Stadium only 3 miles away, the Forum, USC, LAFC Stadium, 110 and 105 Freeways, The LAX Airport, Transit services, Shops, Schools, and only minutes away from the Lively DownTown LA.

Last Agent to Sell the Property

Kathy Castillo

Group Ten Realty License #01516462 Listed on: 08/19/2021

Last Buyer's Agent

Farah Jarrault

Keller Williams South Bay License #01023915

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,158

Year Built

  • Built in 1930

Lot Details

  • 5,386 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Rectangular Lot
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 1 Detached Carport Space
  • Converted Garage
  • Parking Available

Home Design

  • Duplex
  • Additions or Alterations
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Zoned Cooling
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 570
  • Tax Tract Number 1
  • Assessor Parcel Number 6047019011
  • $997 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Trash Expense $300
  • Water Sewer Expense $1,920
  • Operating Expense $3,820
  • Net Operating Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,158

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 315000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1920.00
  • Zoning: LCR320U*
  • Property Condition: Additions/Alterations
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6047019011
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 430.00
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport, Converted Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Rectangular Lot, Park Nearby
  • Lot Size Sq Ft: 5386.00
  • Lot Size Acres: 0.1236
  • Latitude Manual: 33.95389200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Garage Income: 700.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 5386.0000 Square Feet
  • Net Operating Income: 9600.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 800.00
  • Rent Control: No
  • Total Expenses: 3820.00

Tax Info

  • Tax Census Tract: 6001.00
  • Tax Lot: 570
  • Tax Tract Number: 001...
  • TaxOtherAnnualAssessmentAmount: 997.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2017
Sold by
Avelar Salomon
Bought by
Aquino Manuel
Current Estimated Value
$757,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2001
Sold by
Ruiz Ramon
Bought by
Avelar Salomon and Avelar Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,342
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Aquino Manuel $435,000 Old Republic Title Company
Avelar Salomon $172,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aquino Manuel $369,750
Previous Owner Avelar Salomon $171,000
Previous Owner Avelar Salomon $169,342
Previous Owner Ruiz Ramon $25,000
Previous Owner Ruiz Ramon $130,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $645,000 +2.4% $430 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $630,000 +44.8% $420 / Sq Ft
02/07/2018 02/07/18 Sold $435,000 -2.2% $290 / Sq Ft
10/12/2017 10/12/17 For Sale $445,000 -- $297 / 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 $9,158 $684,479 $530,604 $153,875
2024 $9,158 $671,058 $520,200 $150,858
2023 $6,672 $475,734 $328,093 $147,641
2022 $6,374 $466,407 $321,660 $144,747
2021 $6,357 $457,262 $315,353 $141,909
2020 $6,353 $452,574 $312,120 $140,454
2019 $6,120 $443,700 $306,000 $137,700
2018 $3,556 $227,766 $149,641 $78,125
2016 $3,409 $218,924 $143,831 $75,093
2015 $3,360 $215,637 $141,671 $73,966
2014 $3,368 $211,414 $138,896 $72,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21177746

California Regional Multiple Listing Service (CRMLS)

APN: 6047-019-011