NOT LISTED FOR SALE

126 E 83rd St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $541,000 - $738,000

4 Beds
2 Baths
1,482 Sq Ft
$435/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $266,000 $179 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,857/month

84 Days on Market

About This Home

As of June 2014

Reduced price asset management company wants to download this unit ASAP make us an offer, seller is very motivated to open escrow... This is a Two Unit duplex at 2 and 2 with both units having 1 bathroom each. Both have carpet and tile flooring. About 1½ years ago remodeled kitchens feature granite counter-tops, wood cabinets, and stainless steel sinks. Large front yard, two-car garage, gated parking from the front of the property, Move into the vacant unit now and keep the $1,115 rent from the other unit or turn this into a nice investment duplex. Located in South LA just off of the 110 freeway and a few minutes from downtown, shopping, entertainment, and FWY.

Last Agent to Sell the Property

Albert Williams

gotmortgage.com Real Estate Group License #01461081 Listed on: 03/04/2014

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,133

Year Built

  • Built in 1925

Lot Details

  • 5,204 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,482 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2397
  • Assessor Parcel Number 6030011007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,230
  • Net Operating Income $26,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,133

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6030011007
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 179.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5204.00
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Income: 2230.00
  • Gross Scheduled Income: 26760.00
  • Lot Size Area: 5204.0000 Square Feet
  • Net Operating Income: 26760.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 2397
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jun 2, 2014
Sold by
Capital Cove Bancorp Llc
Bought by
Rlc Holdings Corp
Seller's Agent
Albert Williams
gotmortgage.com Real Estate Group
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$329,900
Sold Price
$266,000
Premium/Discount to List
-$63,900
-19.37%
Current Estimated Value
$644,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,756
Avg. Annual Appreciation
8.25%
Original Mortgage
$172,900
Outstanding Balance
$121,660
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$523,096

Purchase Details

Closed on
Nov 12, 2013
Sold by
Income & Equity Llc
Bought by
Capital Cove Bancorp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 4, 2013
Sold by
Varma Harsh Kumar
Bought by
Income & Equity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 2010
Sold by
Amazonian Llc
Bought by
Varma Harsh Kumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2010
Sold by
Uni Source Llc
Bought by
Amazonian Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2009
Sold by
Corona Stephen
Bought by
Uni Source Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2009
Sold by
Aurora Loan Services Llc
Bought by
Corona Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2009
Sold by
Dela Torre Maria
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 13, 2007
Sold by
Ulloa Celia
Bought by
Dela Torre Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 2006
Sold by
Dela Torre Maria
Bought by
Ulloa Celia

Purchase Details

Closed on
Oct 11, 2005
Sold by
Sias Michael A
Bought by
Dela Torre Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,800
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 20, 2004
Sold by
Sias Nicole
Bought by
Sias Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2004
Sold by
Nmc Properties Inc
Bought by
Sias Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2003
Sold by
Research For Advancement
Bought by
Nmc Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,400
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2003
Sold by
Jackson Willie M and Jackson Thirley M
Bought by
Research For Advancement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,400
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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
Rlc Holdings Corp $266,000 Ticor Title
Capital Cove Bancorp Llc $220,000 Ticor Title Company
Income & Equity Llc -- Ticor Title Company
Varma Harsh Kumar $215,000 Equity Title Los Angeles
Amazonian Llc -- Provident Title Company
Uni Source Llc -- None Available
Corona Stephen -- Lsi Title Company Ca
Aurora Loan Services Llc $205,040 None Available
Dela Torre Maria -- None Available
Ulloa Celia -- Accommodation
Dela Torre Maria $426,000 Natc
Sias Michael A -- Diversified Title & Escrow S
Sias Michael A $315,000 Diversified Title & Escrow S
Nmc Properties Inc $8,000 Diversified Title & Escrow S
Research For Advancement $190,000 Diversified Title & Escrow S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rlc Holdings Corp $172,900
Previous Owner Capital Cove Bancorp Llc $50,000
Previous Owner Capital Cove Bancorp Llc $165,000
Previous Owner Varma Harsh Kumar $161,250
Previous Owner Amazonian Llc $265,000
Previous Owner Dela Torre Maria $500,000
Previous Owner Dela Torre Maria $340,800
Previous Owner Sias Michael A $299,250
Previous Owner Research For Advancement $197,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $266,000 -19.4% $179 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $329,900 -- $223 / 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 $4,133 $326,070 $208,393 $117,677
2024 $4,133 $319,677 $204,307 $115,370
2023 $4,057 $313,409 $200,301 $113,108
2022 $3,873 $307,265 $196,374 $110,891
2021 $3,821 $301,241 $192,524 $108,717
2019 $3,710 $292,308 $186,814 $105,494
2018 $3,641 $286,577 $183,151 $103,426
2016 $3,470 $275,451 $176,040 $99,411
2015 $3,422 $271,314 $173,396 $97,918
2014 $3,420 $264,000 $180,000 $84,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Albert Williams

    gotmortgage.com Real Estate Group

    (714) 269-4136

    27 Total Sales

    Albert Williams
    Section Image
  • Carlos Estrada

    Buyer's Agent in 2014

    Carlos Estrada

    Liberty Investment Group

    (562) 477-8983

    1 in this area

    55 Total Sales

    Carlos Estrada
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14044683

California Regional Multiple Listing Service (CRMLS)

APN: 6030-011-007

California Los Angeles County Los Angeles 90003 Florence

126 E 83rd St, Los Angeles, CA

This home is located at 126 E 83rd St, Los Angeles, CA 90003 since 04 March 2014 and is currently estimated at $644,756, approximately $435 per square foot. This property was built in 1925. 126 E 83rd St is a home located in Los Angeles County with nearby schools including South Park Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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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