NOT LISTED FOR SALE

1250 S Mcdonnell Ave Los Angeles, CA 90022

Estimated Value: $823,000 - $984,290

5 Beds
3 Baths
2,380 Sq Ft
$379/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $800,000 $336 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,695/month

114 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Fenced Yard
  • James A. Garfield Senior High School Rated A
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of April 2023

PROBATE Sale. Subject to Court confirmation and overbidding in Court. Sale was confirmed in Court on February 17th, 2023. For Sale AFTER 43 years. Great Investment opportunity in East Los Angeles, just South of Whittier Blvd. and North of Telegraph Rd., delivered Vacant. Total lot size is 5,861 Sq. Ft., zoned R3. Front house is 3 bed 2 bath, approx. 1,450 Sq. Ft. The second unit is a 2 bed 1 bath unit, approx. 930 Sq. Ft. on top of the parking and storage room in the back. Square footage of the units are approximate and is more than what is shown on property profile. Seller makes no warranties, and Buyer to verify and conduct their own investigations. Additional shed in the back for parking. Both units are currently vacant and will be delivered vacant at closing. Fully fenced and gated property. Great re-development opportunity. Close to I-5 and I-710 Fwys, and minutes to DTLA. SoldAS IS, WHERE IS. Seller is a Court-Appointed Fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigations.

Last Agent to Sell the Property

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 10/26/2022

Last Buyer's Agent

Leslie Cruz

Keller Williams Pacific Estates License #01281102

Keller Williams Pacific Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,152

Year Built

  • Built in 1926

Lot Details

  • 5,861 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Front Yard
  • Property is zoned R3

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Wood Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 2,380 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Area
  • Laundry Room
  • Property Views

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Range Hood
  • Microwave
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower
  • Shower Only

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5246-015-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,152

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: PROBATE Sale. Subject to Court confirmation and overbidding in Court. Sale was confirmed in Court on February 17th, 2023. For Sale AFTER 43 years. Great Investment opportunity in East Los Angeles, just South of Whittier Blvd. and North of Telegraph Rd., delivered Vacant. Total lot size is 5,861 Sq. Ft., zoned R3. Front house is 3 bed 2 bath, approx. 1,450 Sq. Ft. The second unit is a 2 bed 1 bath unit, approx. 930 Sq. Ft. on top of the parking and storage room in the back. Square footage of the units are approximate and is more than what is shown on property profile. Seller makes no warranties, and Buyer to verify and conduct their own investigations. Sold AS IS, WHERE IS. Seller is a Court-Appointed Fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigations.
  • Living Area: 2380
  • Lot Acreage: 0.1346
  • Probate: Yes
  • Property Condition: Repair Cosmetic
  • Year Built: 1926
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Wood, Vinyl, Tile, Carpet
  • Appliances: Gas/Electric Range, Range Hood
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Tile Counters, Counter Top
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Range/Oven, Microwave, Refrigerator
  • Price Per S Q F T: 292.02
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Block, Concrete, Steel Siding, Stucco, Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Covered Porch, Porch - Front
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Cooling: Ceiling Fan, Wall/Window
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 41.75
  • Assessed Improvement Value: 260672
  • Assessed Land Percent: 58.25
  • Assessed Land Value: 363729
  • Total Assessed Value: 624401
  • Assessor Parcel Number: 5246-015-013
  • Lot Description: Fenced Yard, Front Yard, Lot-Level/Flat, Walk Street, Sidewalks
  • Lot Location: City, Flats
  • Lot Size Area: 5861

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.16
  • Number Of Units: 2
  • Total Annual Expense: 15103
  • Type Of Units: Residential
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Apr 18, 2023
Sold by
Axis Investment Corporation
Bought by
Amtrust Investment Corp
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Leslie Cruz
Keller Williams Pacific Estates
List Price
$761,750
Sold Price
$800,000
Premium/Discount to List
$38,250
5.02%
Views
103
Current Estimated Value
$901,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,573
Avg. Annual Appreciation
4.82%

Purchase Details

Listed on
Oct 26, 2022
Closed on
Mar 29, 2023
Sold by
Gonzale Remberto O and Gonzale Maria
Bought by
Axis Investment Corporation
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Leslie Cruz
Keller Williams Pacific Estates
List Price
$761,750
Sold Price
$800,000
Premium/Discount to List
$38,250
5.02%
Views
103

Purchase Details

Closed on
Feb 28, 2013
Sold by
Gonzalez Remberto Orozco and Gonzalez Maria Del Refugio
Bought by
The Remberto O & Maria Del Refugio Gonza

Purchase Details

Closed on
Mar 5, 1999
Sold by
Gonzalez Reemberto O and The Remberto & Marina Delrefug
Bought by
Gonzalez Remberto Orozco and Gonzalez Maria Delrefugio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.7%

Purchase Details

Closed on
Mar 31, 1995
Sold by
Gonzalez Remberto O and Gonzalez Maria Delrefugio
Bought by
Gonzalez Remberto Orozco and Gonzalez Maria Delrefugio
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
Amtrust Investment Corp -- None Listed On Document
Axis Investment Corporation $800,000 Chicago Title
The Remberto O & Maria Del Refugio Gonza -- None Available
Gonzalez Remberto Orozco -- First American Title
Gonzalez Remberto Orozco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Remberto Orozco $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $800,000 +15.1% $336 / Sq Ft
02/21/2023 02/21/23 Price Changed $695,000 -8.8% $292 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $761,750 0.0% $320 / Sq Ft
01/19/2023 01/19/23 Price Changed $761,750 +9.6% $320 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $695,000 -- $292 / Sq Ft
Source: The MLS

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 $11,152 $832,319 $557,654 $274,665
2024 $11,152 $816,000 $546,720 $269,280
2023 $8,893 $649,625 $378,423 $271,202
2022 $8,482 $636,888 $371,003 $265,885
2021 $8,386 $624,401 $363,729 $260,672
2020 $2,853 $152,237 $52,767 $99,470
2019 $2,772 $149,253 $51,733 $97,520
2018 $2,645 $146,327 $50,719 $95,608
2016 $2,526 $140,647 $48,750 $91,897
2015 $2,493 $138,535 $48,018 $90,517
2014 $2,498 $135,822 $47,078 $88,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-206837

The MLS

APN: 5246-015-013