NOT LISTED FOR SALE

1242 W 25th St Los Angeles, CA 90007

University Park Neighborhood

Estimated Value: $483,249 - $954,000

4 Beds
3 Baths
1,663 Sq Ft
$446/Sq Ft Est. Value

Last Sold November 21, 2013

Last sale price $315,000 $189 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,273/month

63 Days on Market

Highlights

  • No HOA
  • Front Yard
  • 1-Story Property

About This Home

As of November 2013

DO NOT DISTURB TENANTS. AGENTS PLEASE READ PRIVATE REMARKS!!!!!!3 Units. Perfect for owner to live in one and Rent others. Agents please read private remarks in its entirety.

Last Agent to Sell the Property

KATYA VELASQUEZ

RE/MAX TIME REALTY License #01274909 Listed on: 03/21/2013

RE/MAX TIME REALTY

Last Buyer's Agent

RICHARD DAHLER

Richard Dahler, Broker License #00657405

Richard Dahler, Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,673

Year Built

  • Built in 1903

Lot Details

  • 5,901 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,663 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 22 / 2
  • Assessor Parcel Number 5055015021

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Water Sewer Expense $2,640
  • New Taxes Expense $5,861

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,673

Year Built

Built in 1903

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 2640.00
  • Property Type: Residential Income
  • Parcel Number: 5055015021
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 189.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5901.00
  • Lot Size Acres: 0.1350

Multi Family

  • Insurance Expense: 1400.00
  • Lot Size Area: 5901.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5861.00
  • Tax Block: 2
  • Tax Lot: 22
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2017
Sold by
Castillo Jose E
Bought by
Velasco German and Velasco Alba
Current Estimated Value
$742,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2013
Sold by
Castillo Maribel J
Bought by
Castillo Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2013
Sold by
Velasco German E
Bought by
Castillo Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2006
Sold by
Velasco German Eladio
Bought by
Velasco German E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2006
Sold by
Velasco Alba
Bought by
Velasco German E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2006
Sold by
Castillo Berta Roberina and Castillo Rafael
Bought by
Velasco German Eladio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2003
Sold by
Worthen Helen E and Madrid David I
Bought by
Castillo Berta Roberina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,950
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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
Velasco German $315,000 Old Republic Title Company
Castillo Jose E -- Orange Coast Title Company
Castillo Jose E $315,000 Orange Coast Title Company
Velasco German E -- United Title Company
Velasco German E -- United Title Company
Velasco German Eladio -- Accommodation
Castillo Berta Roberina $241,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasco German $236,250
Previous Owner Castillo Jose E $309,294
Previous Owner Velasco German E $420,000
Previous Owner Castillo Berta Roberina $228,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2013 11/21/13 Sold $315,000 +26.0% $189 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $250,000 -- $150 / 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 $4,673 $365,575 $219,345 $146,230
2024 $4,673 $358,408 $215,045 $143,363
2023 $4,591 $351,381 $210,829 $140,552
2022 $4,391 $344,493 $206,696 $137,797
2021 $4,329 $337,740 $202,644 $135,096
2019 $4,207 $327,725 $196,635 $131,090
2018 $4,124 $321,300 $192,780 $128,520
2016 $4,144 $326,192 $222,639 $103,553
2015 $4,087 $321,293 $219,295 $101,998
2014 $4,121 $315,000 $215,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • KATYA VELASQUEZ

    Seller's Agent in 2013

    KATYA VELASQUEZ

    RE/MAX

    (323) 353-9021

    42 Total Sales

    KATYA VELASQUEZ
    Section Image

  • R

    Buyer's Agent in 2013

    RICHARD DAHLER

    Richard Dahler, Broker

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13027415

California Regional Multiple Listing Service (CRMLS)

APN: 5055-015-021

California Los Angeles County Los Angeles 90007 University Park

1242 W 25th St, Los Angeles, CA

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