NOT LISTED FOR SALE

Estimated Value: $987,412 - $1,034,000

5 Beds
3 Baths
2,086 Sq Ft
$486/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $820,000 $393 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,249/month

8 Days on Market

Highlights

  • Open Floorplan
  • Laundry Room
  • Wrought Iron Fence
  • Recessed Lighting
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2020

To Live and Buy in LA...Our goal is to help you get one step closer to building your real estate portfolio.

We are proud to present this 3 bedroom 2 bathroom Spanish Modern house with a Brand New Modern 2 bedroom 1 bathroom ADU. You get the best of both worlds with this great investment which gives you the option to live in one unit and rent the other to help offset your mortgage. Front House features 1,241 SQ FT completely renovated with no short cuts taken with an open concept layout,high ceilings and new windows providing plenty of natural light. You will happily quarantine in this house and not want to leave your master bedroom. Rear Unit is an ADU 100% New Construction 2 bedroom and 1 bath with 845 SQ FT. BOTH units feature Central AC/Hvac Units with in-house laundry hookups.

Location is perfect: Minutes from DTLA, LA Coliseum, LAFC Soccer Stadium-The Fields, USC Village-Trader Joe's, Natural History Museums including the coming soon Lucas Museum Center, freeways & short commute to DTLA-LA Live, Arts District. Don’t let this opportunity pass you by. Don’t be selfish... spread the word and spread the love.

Last Agent to Sell the Property

Pedro Romo

Kase Real Estate License #02060094 Listed on: 06/12/2020

Kase Real Estate

Co-Listed By

Cesar Vasquez

Kase Real Estate License #01936389

Last Buyer's Agent

Heather Crawford

No Firm Affiliation License #02098293

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,736

Year Built

  • Built in 1926

Lot Details

  • 4,763 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

Interior Spaces

  • 2,086 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Laminate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Tax Tract Number 5549
  • Assessor Parcel Number 6014002004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,736

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Other Phone Description: (626)423-9810
  • Other Phone Number: 323-428-3436
  • Property Attached: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 6014002004
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 393.10

Exterior Features

  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 4763.00
  • Lot Size Acres: 0.1093

Multi Family

  • Lot Size Area: 4763.0000 Square Feet
  • 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 Block: 2
  • Tax Census Tract: 2374.01
  • Tax Lot: 3
  • Tax Tract Number: 5549

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 24, 2020
Sold by
Diaz Jacqueline
Bought by
Diaz Fernando
Seller's Agent
Pedro Romo
Kase Real Estate
Buyer's Agent
Heather Crawford
No Firm Affiliation
List Price
$789,000
Sold Price
$820,000
Premium/Discount to List
$31,000
3.93%
Current Estimated Value
$1,012,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,853
Avg. Annual Appreciation
4.12%
Original Mortgage
$656,000
Outstanding Balance
$581,494
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$431,359

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 20, 2020
Sold by
Aacres Group Llc
Bought by
Diaz Fernando
Seller's Agent
Pedro Romo
Kase Real Estate
Buyer's Agent
Heather Crawford
No Firm Affiliation
List Price
$789,000
Sold Price
$820,000
Premium/Discount to List
$31,000
3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Outstanding Balance
$581,494
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$431,359

Purchase Details

Listed on
Jun 25, 2019
Closed on
Jul 23, 2019
Sold by
Davis Robert James
Bought by
Aacres Group Llc
Seller's Agent
Sandy Dunkley
Equity Los Angeles
Buyer's Agent
Sandy Dunkley
Equity Los Angeles
List Price
$399,000
Sold Price
$450,000
Premium/Discount to List
$51,000
12.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.33%
Original Mortgage
$514,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2018
Sold by
Davis Robert
Bought by
Davis Robert James

Purchase Details

Closed on
May 8, 2002
Sold by
Mcclinton Vivian and Estate Of Augusta M Wilson
Bought by
Davis Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,650
Interest Rate
7.13%
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
Diaz Fernando -- Chicago Title Company
Diaz Fernando $820,000 Chicago Title Company
Aacres Group Llc $450,000 First American Title Company
Davis Robert James -- None Available
Davis Robert $168,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Fernando $656,000
Previous Owner Aacres Group Llc $514,000
Previous Owner Davis Robert $151,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2020 07/28/20 Sold $820,000 +3.9% $393 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $789,000 -3.8% $378 / Sq Ft
06/20/2020 06/20/20 Off Market $820,000 -- --
06/12/2020 06/12/20 For Sale $789,000 +75.3% $378 / Sq Ft
07/31/2019 07/31/19 Sold $450,000 +12.8% $317 / Sq Ft View Prior Sale
07/18/2019 07/18/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $399,000 -- $281 / 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 $10,736 $887,591 $530,390 $357,201
2024 $10,736 $870,189 $519,991 $350,198
2023 $10,533 $853,128 $509,796 $343,332
2022 $10,048 $836,400 $499,800 $336,600
2021 $9,920 $820,000 $490,000 $330,000
2020 $5,648 $450,000 $360,000 $90,000
2019 $2,868 $223,128 $165,794 $57,334
2018 $2,811 $218,754 $162,544 $56,210
2016 $2,680 $210,261 $156,233 $54,028
2015 $2,643 $207,104 $153,887 $53,217
2014 $2,661 $203,048 $150,873 $52,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20113423

California Regional Multiple Listing Service (CRMLS)

APN: 6014-002-004