NOT LISTED FOR SALE

Estimated Value: $702,000 - $1,273,000

2 Beds
2 Baths
1,292 Sq Ft
$682/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $365,000 $283 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,650/month

15 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wall Furnace
  • No HOA

About This Home

As of January 2016

Duplex with charming original character near USC offers 2 spacious units. Each unit has a generous living room with decorative faux fireplace and coved ceilings, nice size kitchens with plenty of cabinet space, full bathrooms, comfortable size bedrooms and laundry room adjacent to kitchen with potential laundry hookups. Duplex offers gated front yard, long drive way, 2 single car garages with new garage doors. This charming home provides peace of mind coming equipped with all copper plumbing including main line, updated electrical and new windows. Duplex is conveniently located near 10 and 110 freeways, less than 1 mi. from USC, Metrolink, Downtown Los Angeles, Korea Town, Miracle Mile and more.

Last Agent to Sell the Property

Ann Marie Ramirez

DIAMOND POINT PROPERTIES License #01484596 Listed on: 12/04/2015

Last Buyer's Agent

Sonia Moncayo

ROA California Inc. License #01736947

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 1937

Lot Details

  • 3,961 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 1,292 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2226
  • Assessor Parcel Number 5040012012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,002
  • Water Sewer Expense $539
  • New Taxes Expense $3,750
  • Gross Income $2,030
  • Net Operating Income $19,339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,374

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 5625007703
  • Other Phone Number: 5625007703
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 539.00
  • Property Type: Residential Income
  • Parcel Number: 5040012012
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 282.51

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 3961.00
  • Price Per Lot Square Foot: 92.15
  • Lot Size Acres: 0.0910

Multi Family

  • Gross Income: 2030.00
  • Gross Scheduled Income: 24360.00
  • Insurance Expense: 1002.00
  • Lot Size Area: 3961.0000 Square Feet
  • Net Operating Income: 19339.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5291.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3750.00
  • Tax Lot: 8
  • Tax Tract Number: 2226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Dec 21, 2015
Sold by
Ory Margaret K
Bought by
Figueroa Ramiro Elias Hernandez and Granados Nancy Y Zarate
Seller's Agent
Ann Marie Ramirez
DIAMOND POINT PROPERTIES
Buyer's Agent
Sonia Moncayo
ROA California Inc.
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$771,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,156
Avg. Annual Appreciation
8.97%

Purchase Details

Closed on
Feb 1, 2005
Sold by
Residential Ventures Inc
Bought by
Ory Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 17, 2004
Sold by
Gonzalez Humberto
Bought by
Residential Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2004
Sold by
Rivas Maria
Bought by
Gonzalez Humberto

Purchase Details

Closed on
May 23, 1995
Sold by
Gonzalez Humberto
Bought by
Rivas Maria
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
Figueroa Ramiro Elias Hernandez $365,000 Orange Coast Tilte Co Socal
Ory Margaret K $294,000 Fidelity National Title Co
Residential Ventures Inc -- Fidelity Van Nuys
Gonzalez Humberto -- --
Rivas Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ory Margaret K $10,000
Previous Owner Ory Margaret K $197,000
Previous Owner Ory Margaret K $85,000
Previous Owner Ory Margaret K $20,000
Previous Owner Ory Margaret K $235,200
Previous Owner Residential Ventures Inc $200,000
Closed Ory Margaret K $29,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2016 01/06/16 Sold $365,000 -2.7% $283 / Sq Ft
12/19/2015 12/19/15 Pending -- -- --
12/04/2015 12/04/15 For Sale $375,000 -- $290 / 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 $5,374 $432,079 $319,622 $112,457
2024 $5,374 $423,607 $313,355 $110,252
2023 $5,273 $415,302 $307,211 $108,091
2022 $5,031 $407,160 $301,188 $105,972
2021 $4,960 $399,178 $295,283 $103,895
2019 $4,812 $387,340 $286,526 $100,814
2018 $4,766 $379,746 $280,908 $98,838
2016 $3,777 $300,000 $221,700 $78,300
2015 $3,776 $300,000 $221,700 $78,300
2014 $3,873 $300,000 $221,700 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15257531

California Regional Multiple Listing Service (CRMLS)

APN: 5040-012-012