NOT LISTED FOR SALE

Estimated Value: $735,000 - $857,000

4 Beds
3 Baths
1,144 Sq Ft
$689/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $480,000 $420 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,914/month

27 Days on Market

Highlights

  • Traditional Architecture
  • Recessed Lighting
  • Tile Flooring
  • Living Room
  • Laundry Room
  • Central Heating

About This Home

As of April 2017

Looking to buy units in the city of Los Angeles, well here is your perfect opportunity. These remodeled units are turn key and ready to start cash flowing. Live in the main house, and rent out the secondary unit for supplemental income, few properties like this available. As you pull up to these magnificent units, the sheer color scheme is going to stop you in your tracts. As you walk in the main unit, the laminate flooring that carries through out the property is going to send you on a path of discovery. The kitchen is your first stop, passed the entry. The kitchen has been fully redone, with custom made cabinets, designer counter tops and sleek tile back splash. The bathroom next to kitchen is complete with all new flooring, shower tile, fixtures, vanity, toilet (the works). All the bedrooms have fresh new carpet and ceiling fans. The secondary unit is equally impressive, with brand new kitchen, flooring and fixtures. This property will not last, so come take a look, and make it your own.

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 01/12/2017

Last Buyer's Agent

Oracio Carrillo

Supreme Realty License #01826105

Supreme Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,549

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 6,254 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Front Yard Sprinklers
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,144 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 135
  • Tax Tract Number 3096
  • Assessor Parcel Number 6056017010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,600
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,549

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • View: No
  • Zoning: LCR320U*
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6056017010
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Price Per Square Foot: 419.58
  • Room Type: Living Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinklers In Front
  • Lot Size Sq Ft: 6254.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Net Operating Income: 31200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6002.01
  • Tax Lot: 135
  • Tax Tract Number: 3096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Feb 27, 2017
Sold by
Hollyvale Rental Holdings Llc
Bought by
Garcia Hernan A and Lopez Elizabeth
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Oracio Carrillo
Supreme Realty
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%
Current Estimated Value
$787,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,972
Avg. Annual Appreciation
6.17%
Original Mortgage
$471,306
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2016
Sold by
Jones Johnny and Jones Thelma T
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Jan 23, 2001
Sold by
Jones Johnny
Bought by
Jones Johnny and Jones Thelma T
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
Garcia Hernan A $480,000 Fidelity National Title Co
Hollyvale Rental Holdings Llc $290,549 Accommodation
Jones Johnny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Hernan A $471,306
Previous Owner Hollyvale Rental Holdings Llc $82,000
Previous Owner Hollyvale Rental Holdings Llc $232,439
Previous Owner Jones Johnny $469,342
Previous Owner Jones Johnny $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $480,000 -2.0% $420 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $489,900 0.0% $428 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $489,900 -- $428 / 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 $7,549 $557,075 $348,173 $208,902
2024 $7,549 $546,153 $341,347 $204,806
2023 $7,255 $535,445 $334,654 $200,791
2022 $6,923 $524,947 $328,093 $196,854
2021 $6,851 $514,655 $321,660 $192,995
2020 $6,903 $509,379 $318,362 $191,017
2019 $6,643 $499,392 $312,120 $187,272
2018 $6,579 $489,600 $306,000 $183,600
2016 $1,152 $29,779 $19,034 $10,745
2015 $1,140 $29,333 $18,749 $10,584
2014 $1,149 $28,759 $18,382 $10,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16766839

California Regional Multiple Listing Service (CRMLS)

APN: 6056-017-010