NOT LISTED FOR SALE

1250 S Record Ave Los Angeles, CA 90023

Estimated Value: $921,000 - $1,068,000

6 Beds
3 Baths
2,834 Sq Ft
$353/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $825,000 $291 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,296/month

8 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Living Room
  • James A. Garfield Senior High School Rated A
  • Balcony
  • 3-minute walk to Parque de Los Suenos

About This Home

As of January 2022

**Wonderful 2008 duplex in a prime location. 2 units. Close to freeways, shopping, and schools. Don't miss out!This is the perfect opportunity to get into an income property in Southern California. The property has been owner occupied and owned by the same family for many years. The units have been very well maintained over the years and will generate great income. !Front unit,two story features 4 Bed 3 Bath with kitchen, living room and dining room. Rear unit features 2 Bed 1 Bath with kitchen, living room and dining room. Driveways to each side of the property allows parking for more than 6 vehicles.Big Lot Size with front, center and back patio areas. This is a must see!

Last Agent to Sell the Property

Rocio De Dios

ALTICORE REALTY License #02005254 Listed on: 11/08/2021

ALTICORE REALTY

Last Buyer's Agent

Yingli Thurston

Frontier Realty License #01836030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,650

Year Built

  • Built in 2008

Lot Details

  • 6,485 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Shingle Roof

Interior Spaces

  • 2,834 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Basement

Kitchen

  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 12 / 14
  • Tax Tract Number 4510
  • Assessor Parcel Number 5241005014
  • $1,237 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,300
  • Insurance Expense $1,500
  • Trash Expense $200
  • Water Sewer Expense $300
  • Operating Expense $3,300
  • Gross Income $50,800
  • Net Operating Income $47,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,650

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Price Per Unit: 375000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 300.00
  • Zoning: LCR4*
  • Property Type: Residential Income
  • Parcel Number: 5241005014
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 291.11
  • Room Type: Basement, Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6485.00
  • Lot Size Acres: 0.1489

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 1300.00
  • Gross Income: 50800.00
  • Gross Scheduled Income: 50800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6485.0000 Square Feet
  • Net Operating Income: 47500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 3300.00
  • Rent Control: No
  • Total Expenses: 3300.00

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 5313.02
  • Tax Lot: 12
  • Tax Tract Number: 4510
  • TaxOtherAnnualAssessmentAmount: 1237.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Nov 18, 2021
Sold by
Rodriguez Abel and Rodriguez Maria
Bought by
Yang Rumeng
Seller's Agent
Rocio De Dios
ALTICORE REALTY
Buyer's Agent
Yingli Thurston
Frontier Realty
List Price
$750,000
Sold Price
$825,000
Premium/Discount to List
$75,000
10%
Current Estimated Value
$999,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,476
Avg. Annual Appreciation
3.93%
Original Mortgage
$577,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Rodriguez Abel
Bought by
Rodriguez Abel and Rodriguez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,780
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
Rodriguez Maria E and Gomez Jose
Bought by
Rodriguez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
6.09%

Purchase Details

Closed on
Jul 25, 1996
Sold by
Ison Loretta E and Ison Loretta Ethel
Bought by
Rodriguez Abel and Rodriguez Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,442
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 1995
Sold by
Ison Loretta
Bought by
Ison Loretta Ethelyn and The Loretta Ethelyn Ison Livin
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
Yang Rumeng $825,000 Pacific Coast Title Co
Rodriguez Abel -- Security Union Title
Rodriguez Abel -- --
Rodriguez Abel $107,000 Southland Title Corporation
Ison Loretta Ethelyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Rumeng $577,500
Previous Owner Rodriguez Abel $274,000
Previous Owner Rodriguez Abel $41,956
Previous Owner Rodriguez Abel $255,000
Previous Owner Rodriguez Abel $150,780
Previous Owner Rodriguez Abel $110,500
Previous Owner Rodriguez Abel $105,065
Previous Owner Rodriguez Abel $106,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $825,000 +10.0% $291 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $750,000 -- $265 / 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 $11,650 $875,495 $504,073 $371,422
2024 $11,650 $858,330 $494,190 $364,140
2023 $11,283 $841,500 $484,500 $357,000
2022 $6,054 $416,029 $148,171 $267,858
2021 $5,976 $407,872 $145,266 $262,606
2020 $6,015 $403,691 $143,777 $259,914
2019 $5,806 $395,776 $140,958 $254,818
2018 $5,623 $388,017 $138,195 $249,822
2016 $5,375 $372,952 $132,830 $240,122
2015 $5,296 $367,351 $130,835 $236,516
2014 $5,299 $360,156 $128,273 $231,883
Source: Public Records

Agents Affiliated with this Home

  • Rocio De Dios

    Seller's Agent in 2022

    Rocio De Dios

    ALTICORE REALTY

    (951) 216-8101

    1 in this area

    95 Total Sales

    Rocio De Dios
    Section Image
  • Yingli Thurston

    Buyer's Agent in 2022

    Yingli Thurston

    Frontier Realty

    (909) 282-0628

    3 in this area

    17 Total Sales

    Yingli Thurston
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21244892

California Regional Multiple Listing Service (CRMLS)

APN: 5241-005-014

California Los Angeles County Los Angeles 90023

1250 S Record Ave, Los Angeles, CA

This home is located at 1250 S Record Ave, Los Angeles, CA 90023 since 08 November 2021 and is currently estimated at $999,476, approximately $352 per square foot. This property was built in 2008. 1250 S Record Ave is a home located in Los Angeles County with nearby schools including Eastman Avenue Elementary School, Robert Louis Stevenson 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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