NOT LISTED FOR SALE

1246 S Concord St Los Angeles, CA 90023

Boyle Heights Neighborhood

Estimated Value: $710,000 - $788,000

6 Beds
2 Baths
1,680 Sq Ft
$451/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $469,000 $279 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,519/month

222 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 1-Story Property
  • Felicitas and Gonzalo Mendez High Rated A-

About This Home

As of December 2018

REDUCED PRICE!!! Great opportunity to own a Duplex in up and coming Boyle Heights. Minutes from Downtown Los Angeles. The main house consists of 4 bedrooms 1 bath, in need of finishing rehab. It has beautiful mahogany moldings and lots of potentials. 2nd unit is in need of some upgrades. The property hasn't been off the market for over 50 years. Make your own family memories. Call today for a private showing.

Last Agent to Sell the Property

Manuel Davila

MERIT REALTY GROUP License #01022995 Listed on: 04/06/2018

Co-Listed By

SANDRA PONCE

COMPASS License #01798869

Last Buyer's Agent

Mohammad Ali

Eagles Mortgage Company Inc. License #01757413

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,523

Year Built

  • Built in 1949

Lot Details

  • 5,640 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • On-Street Parking

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Private Sewer

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 4447
  • Assessor Parcel Number 5190022021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,523

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5190022021
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 279.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: No
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5640.00
  • Lot Size Acres: 0.1295

Multi Family

  • Lot Size Area: 5640.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2051.20
  • Tax Lot: 54
  • Tax Tract Number: 4447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Nov 20, 2018
Sold by
Morales Mary Louise and Morales Richard
Bought by
Kundu Ujjal
Seller's Agent
Manuel Davila
MERIT REALTY GROUP
Buyer's Agent
Mohammad Ali
Eagles Mortgage Company Inc.
List Price
$499,888
Sold Price
$469,000
Premium/Discount to List
-$30,888
-6.18%
Current Estimated Value
$757,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,948
Avg. Annual Appreciation
7.25%
Original Mortgage
$269,000
Outstanding Balance
$236,531
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$521,417

Purchase Details

Closed on
Oct 9, 2018
Sold by
Cardenas Lorraine and Wachter Sharon Borunda
Bought by
The Mary Theresa Borunda Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Outstanding Balance
$236,531
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$521,417

Purchase Details

Closed on
Sep 27, 2018
Sold by
Kundu Ujjala Paul
Bought by
Kundu Ujjal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Outstanding Balance
$236,531
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$521,417

Purchase Details

Closed on
Mar 31, 2018
Sold by
Morales Manuel Robed
Bought by
Morales Manuel Robert and The Manuel Robert Morales Livi

Purchase Details

Closed on
Apr 11, 2016
Sold by
Morales Manuel Robert and Morales Richard
Bought by
Morales Manuel Robert and Morales Richard

Purchase Details

Closed on
Feb 18, 2016
Sold by
Cardenas Lorraine and The Mary Theresa Borunda Livin
Bought by
Cardenas Lorraine and Wachter Sharon Borunda

Purchase Details

Closed on
Feb 13, 2008
Sold by
Morales Manuel M
Bought by
Morales Manuel Robert and Morales Richard

Purchase Details

Closed on
Feb 12, 2007
Sold by
Borunda Mary
Bought by
Mary Theresa Borunda Living Trust
Source: Public Records

Range of Values:

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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
Kundu Ujjal $469,000 Wfg Title Company
The Mary Theresa Borunda Living Trust -- None Available
Kundu Ujjal -- Wfg Title Co
Morales Manuel Robert -- None Available
Morales Manuel Robert -- None Available
Morales Manuel Robert -- None Available
Cardenas Lorraine -- None Available
Morales Manuel Robert -- None Available
Mary Theresa Borunda Living Trust -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kundu Ujjal $269,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $469,000 -0.2% $279 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $469,888 -6.0% $280 / Sq Ft
04/06/2018 04/06/18 For Sale $499,888 -- $298 / 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 $6,523 $523,174 $334,654 $188,520
2024 $6,523 $512,917 $328,093 $184,824
2023 $6,401 $502,860 $321,660 $181,200
2022 $6,110 $493,001 $315,353 $177,648
2021 $6,031 $483,335 $309,170 $174,165
2020 $6,089 $478,380 $306,000 $172,380
2019 $5,855 $469,000 $300,000 $169,000
2018 $776 $44,120 $23,029 $21,091
2016 $725 $42,409 $22,136 $20,273
2015 $717 $41,773 $21,804 $19,969
2014 $734 $40,955 $21,377 $19,578
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Manuel Davila

    MERIT REALTY GROUP

    (213) 675-3976

    2 in this area

    42 Total Sales

    Manuel Davila
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    SANDRA PONCE

    COMPASS

    Section Image

  • M

    Buyer's Agent in 2018

    Mohammad Ali

    Eagles Mortgage Company Inc.

    (323) 698-5548

    18 Total Sales

    Mohammad Ali
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18078497

California Regional Multiple Listing Service (CRMLS)

APN: 5190-022-021

California Los Angeles County Los Angeles 90023 Boyle Heights

1246 S Concord St, Los Angeles, CA

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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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