NOT LISTED FOR SALE

Estimated Value: $723,000 - $897,056

6 Beds
3 Baths
1,619 Sq Ft
$512/Sq Ft Est. Value

Last Sold September 23, 2014

Last sale price $369,000 $228 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,100/month

21 Days on Market

About This Home

As of September 2014

This Duplex is not only ideal for an owner occupant, but also an investor who is seeking cash flow. This property provides a great option for a buyer who is looking to live in one unit and rent the other. It's also a great investment opportunity for an investor who is looking for cash flow. Front unit features 4bed/2bath while the rear unit is a 2bed/1bath. The property has had recent renovations through out. The property is centrally located to downtown Los Angeles, 110FWY & 10FWY. Buyer to cooperate in a 1031 Exchange at no cost to the seller.

Last Agent to Sell the Property

Everardo Duran

Duran Properties License #01236849 Listed on: 07/10/2014

Last Buyer's Agent

Alicia Ortiz

Real Estate Connection License #01193650

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,781

Year Built

  • Built in 1907

Lot Details

  • 5,191 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Parking Spaces

Home Design

  • 1,619 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 2270
  • Assessor Parcel Number 5119025014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,963
  • Water Sewer Expense $2,100
  • New Taxes Expense $4,373
  • Gross Income $1,050
  • Net Operating Income $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,781

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Parcel Number: 5119025014
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 227.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5191.00
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Income: 1050.00
  • Gross Scheduled Income: 12600.00
  • Insurance Expense: 2963.00
  • Lot Size Area: 5191.0000 Square Feet
  • Net Operating Income: 600.00
  • 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: 450.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4373.00
  • Tax Lot: 35
  • Tax Tract Number: 2270
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Dejesus Flores Joel and Hernandez Sandy Bustamante
Bought by
Hernandez Sandy Bustamante and Sandoval Jacinto Erazo
Current Estimated Value
$828,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$312,940
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$515,574

Purchase Details

Closed on
Aug 3, 2017
Sold by
Gomez Sergio Miranda and Flores Joel De Jesus
Bought by
Flores Joel De Jesus and Hernandez Sandy Bustamante

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 4, 2014
Sold by
Estrada Liset M
Bought by
Dreamhouse Funding Inc
Seller's Agent
Everardo Duran
Duran Properties
Buyer's Agent
Alicia Ortiz
Real Estate Connection
List Price
$349,888
Sold Price
$369,000
Premium/Discount to List
$19,112
5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$362,316
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 10, 2014
Closed on
Jul 31, 2014
Sold by
Dreamhome Funding Inc
Bought by
Gomez Sergio Miranda and Flores Joel
Seller's Agent
Everardo Duran
Duran Properties
Buyer's Agent
Alicia Ortiz
Real Estate Connection
List Price
$349,888
Sold Price
$369,000
Premium/Discount to List
$19,112
5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,316
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2011
Sold by
Rivera Efren
Bought by
Estrada Liset M

Purchase Details

Closed on
May 20, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Rivera Efren

Purchase Details

Closed on
Dec 30, 2008
Sold by
Lane Bridget
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
May 26, 2006
Sold by
Lane Bridget
Bought by
S & J Core Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2006
Sold by
Martinez Javier and Zavala Jose A
Bought by
Lane Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 14, 1997
Sold by
Cyprus Kip C and Alvarez Sergio
Bought by
Martinez Javier and Zavala Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,264
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1997
Sold by
Cyprus Kip C
Bought by
Cyprus Kip C and Alvarez Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,264
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 1997
Sold by
Cyprus Amy and Cyprus Amy L
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.34%

Purchase Details

Closed on
Aug 25, 1997
Sold by
Jamerson Sol E and The Blanchie Lewis Living Trus
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.34%

Purchase Details

Closed on
Dec 8, 1994
Sold by
Lewis Blanchie and Jamerson Linda
Bought by
Lewis Blanche and The Blanchie Lewis Living Trus
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
Hernandez Sandy Bustamante -- Pacific Coast Title
Flores Joel De Jesus -- Lawyers Title Company
Dreamhouse Funding Inc -- None Available
Gomez Sergio Miranda $369,000 Chicago Title Company
Estrada Liset M -- None Available
Rivera Efren $140,000 Chicago Title Company
Wells Fargo Bank National Association $293,452 None Available
S & J Core Investments -- None Available
Lane Bridget $450,000 Fatcola
Martinez Javier $194,545 Southland Title Corporation
Cyprus Kip C -- Southland Title Corporation
Cyprus Kip C -- Southland Title Corporation
Cyprus Kip C -- Fidelity National Title Ins
Cyprus Kip C $95,000 Fidelity National Title Ins
Lewis Blanche -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Sandy Bustamante $340,000
Closed Flores Joel De Jesus $359,000
Previous Owner Gomez Sergio Miranda $362,316
Previous Owner Lane Bridget $405,000
Previous Owner Martinez Javier $30,000
Previous Owner Martinez Javier $5,000
Previous Owner Martinez Javier $186,504
Previous Owner Martinez Javier $189,264
Previous Owner Cyprus Kip C $101,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2014 09/23/14 Sold $369,000 +5.5% $228 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $349,888 -- $216 / 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 $6,781 $547,898 $415,132 $132,766
2024 $6,781 $537,156 $406,993 $130,163
2023 $6,653 $526,624 $399,013 $127,611
2022 $6,349 $516,299 $391,190 $125,109
2021 $5,218 $423,884 $287,564 $136,320
2020 $5,266 $419,539 $284,616 $134,923
2019 $5,063 $411,314 $279,036 $132,278
2018 $5,043 $403,250 $273,565 $129,685
2017 $4,776 $382,117 $196,754 $185,363
2016 $4,657 $374,626 $192,897 $181,729
2015 $4,591 $369,000 $190,000 $179,000
2014 $3,559 $275,000 $135,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14145351

California Regional Multiple Listing Service (CRMLS)

APN: 5119-025-014