NOT LISTED FOR SALE

1247 S Mcbride Ave Los Angeles, CA 90022

Estimated Value: $612,000 - $747,000

2 Beds
1 Bath
842 Sq Ft
$778/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $445,000 $529 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,020/month

94 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • James A. Garfield Senior High School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

As of June 2020

***BOM*** You have a choice! Pls READ! Develop or fix and live in! Development PLANS ARE APPROVED. Contractors, builders, investors, owner-builder, the cosmetic FIXER is ready to be built as a 3 unit 2-story apartment in the prime location in East Los Angeles. The development plan consists a total of 8 bedrooms and 6 bathrooms totaling 2864 SF, unit mixes are 2 bed 2 bath, and two 3 beds 2 baths. OR you can fix the existing SFR (approx. 842 SF), build an addition, or an ADU, the possiblities are endless! This area is gentrifying FAST! Check the comps for existing SFRs in the area! This is one of the bigger lots in this high demand area! It is only a few minutes from the Citadel Outlet in Commerce, retail stores on Whittier Blvd, and the Metro Rail. Only a short distance drive to downtown LA and the Arts District Area. Quick access to the 5, 710, 60 and the 10 freeway. Existing avocado trees and fruit trees are a plus. HUGE POTENTIAL. MOTIVATED SELLER.

Last Agent to Sell the Property

Andy Hsieh

Millennium Group Realty License #01943789 Listed on: 01/31/2020

Co-Listed By

Terri Wang

Millennium Group Realty License #01835683

Last Buyer's Agent

MICHAEL HUERTA

LEGACY REALTY PARTNERS, INC License #02045712

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,542

Year Built

  • Built in 1926

Lot Details

  • 5,329 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned LCR4*

Interior Spaces

  • 842 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 114
  • Tax Tract Number 5135
  • Assessor Parcel Number 5246008011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,542

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LCR4*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5246008011
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 842.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 528.50
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5329.00
  • Lot Size Acres: 0.1223

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5329.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 114
  • Tax Tract Number: 5135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jun 9, 2020
Sold by
Timeless Properties Llc
Bought by
Morales Marion and Le Tracy
Seller's Agent
Andy Hsieh
Millennium Group Realty
Buyer's Agent
MICHAEL HUERTA
LEGACY REALTY PARTNERS, INC
List Price
$497,000
Sold Price
$445,000
Premium/Discount to List
-$52,000
-10.46%
Current Estimated Value
$654,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,749
Avg. Annual Appreciation
7.50%
Original Mortgage
$422,750
Outstanding Balance
$374,736
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$280,013

Purchase Details

Closed on
Nov 2, 2016
Sold by
Herrera Marcelo
Bought by
Timeless Properties Llc

Purchase Details

Closed on
May 1, 2016
Sold by
Herrera Marcelo
Bought by
Herrera Marcelo and Arriaga Aurora

Purchase Details

Closed on
Mar 15, 2016
Sold by
Herrera Marcelo
Bought by
Herrera Marcelo

Purchase Details

Closed on
Feb 4, 2016
Sold by
Herrera Marcelo
Bought by
Herrera Marcelo and Hernandez Jose R

Purchase Details

Closed on
Jun 13, 2001
Sold by
Herrera Rosa Emma and Ibarra Ramon
Bought by
Herrera Marcelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,434
Interest Rate
7.15%

Purchase Details

Closed on
Nov 22, 1993
Sold by
Ybarra Santos G
Bought by
Herrera Rosa Emma and Ibarra Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
4.25%
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
Morales Marion $445,000 Old Republic Title Company
Timeless Properties Llc $291,700 None Available
Herrera Marcelo -- None Available
Herrera Marcelo -- None Available
Herrera Marcelo -- None Available
Herrera Marcelo -- Fidelity National Title
Herrera Rosa Emma $152,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Marion $422,750
Previous Owner Herrera Marcelo $24,434
Previous Owner Herrera Rosa Emma $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2020 06/16/20 Sold $445,000 -2.8% $529 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
03/21/2020 03/21/20 Price Changed $458,000 -6.1% $544 / Sq Ft
02/17/2020 02/17/20 Price Changed $488,000 -1.8% $580 / Sq Ft
01/31/2020 01/31/20 For Sale $497,000 -- $590 / 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 $6,542 $486,669 $389,336 $97,333
2024 $6,542 $477,127 $381,702 $95,425
2023 $6,429 $467,772 $374,218 $93,554
2022 $6,129 $458,601 $366,881 $91,720
2021 $6,060 $449,610 $359,688 $89,922
2020 $4,506 $309,871 $185,711 $124,160
2019 $4,342 $303,796 $182,070 $121,726
2018 $4,129 $297,840 $178,500 $119,340
2016 $2,573 $168,008 $133,647 $34,361
2015 $2,535 $165,485 $131,640 $33,845
2014 $2,538 $162,245 $129,062 $33,183
Source: Public Records

Agents Affiliated with this Home

  • Andy Hsieh

    Seller's Agent in 2020

    Andy Hsieh

    Millennium Group Realty

    (626) 203-1485

    26 Total Sales

    Andy Hsieh
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Terri Wang

    Millennium Group Realty

  • M

    Buyer's Agent in 2020

    MICHAEL HUERTA

    LEGACY REALTY PARTNERS, INC

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20022151

California Regional Multiple Listing Service (CRMLS)

APN: 5246-008-011

California Los Angeles County Los Angeles 90022

1247 S Mcbride Ave, Los Angeles, CA

This home is located at 1247 S Mcbride Ave, Los Angeles, CA 90022 since 31 January 2020 and is currently estimated at $654,749, approximately $777 per square foot. This property was built in 1926. 1247 S Mcbride Ave is a home located in Los Angeles County with nearby schools including Ford Boulevard Elementary School, David Wark Griffith Middle School, and James A. Garfield Senior High School.

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.

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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