NOT LISTED FOR SALE

126 E Avenue 37 Los Angeles, CA 90031

Estimated Value: $939,000 - $1,270,000

3 Beds
2 Baths
1,502 Sq Ft
$707/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $690,000 $459 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,390/month

98 Days on Market

Highlights

  • 1-Story Property
  • Abraham Lincoln High School Rated A
  • 4-minute walk to Heritage Square/Arroyo Station

About This Home

As of February 2018

PERFECT FOR OWNER/USER. Here is your opportunity to own 2 detached units in Lincoln Heights! These two bungalow style units have been beautifully maintained. Each unit has their own private yard! Two bedroom one bath front house and a one bedroom one bath in rear with detached garage (great for studio space!). ONE BEDROOM UNIT TO BE DELIVERED VACANT! Units are separately metered for gas and electricity with LOW EXPENSES for owner. Property has on-site parking and is close to Highland Park, Montecito Heights and Mt. Washington. Please do not disturb tenants or walk on the property.

Last Agent to Sell the Property

Joanna Moss

Equity Union License #01776015 Listed on: 10/25/2017

Co-Listed By

D. Danielle Hoston Wrighster

D Danielle Hoston Wrighster License #01304644

Last Buyer's Agent

Travis Wayne

Compass License #02019079

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,521

Year Built

  • Built in 1922

Lot Details

  • 5,005

Interior Spaces

  • 1,502 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Additional Features

  • 5,005 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5446-027-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,521

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1502
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 496.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, On street
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Value: 158100
  • Assessed Land Value: 408000
  • Assessor Parcel Number: 5446-027-008
  • Geocode Override: No
  • Lot Size Area: 5005

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.61
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Feb 2, 2018
Sold by
Sarco Dean and Sarco Anne D
Bought by
Dunne Sara and Haulihan Kevin
Seller's Agent
Joanna Moss
Equity Union
Buyer's Agent
Travis Wayne
Compass
List Price
$745,000
Sold Price
$690,000
Premium/Discount to List
-$55,000
-7.38%
Current Estimated Value
$1,022,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,245
Avg. Annual Appreciation
5.96%
Original Mortgage
$677,502
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jul 17, 2015
Sold by
Grosi Llc
Bought by
Sarco Dean and Sarco Anne D
Seller's Agent
Fahim Shah
Fahim Shah Realty
Buyer's Agent
D. Danielle Hoston Wrighster
D Danielle Hoston Wrighster
List Price
$495,000
Sold Price
$555,000
Premium/Discount to List
$60,000
12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$416,250
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2014
Sold by
Grover Neeru and The Neeru Grover Revocable Tru
Bought by
Grosi Llc

Purchase Details

Closed on
Nov 9, 2011
Sold by
Grover Neeru
Bought by
Grover Neeru and The Neeru Grover Revocable Tru

Purchase Details

Closed on
Sep 24, 2011
Sold by
Shah Simone and Grover Neeru
Bought by
Shah Simone and Grover Neeru

Purchase Details

Closed on
Jul 22, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Shah Simone and Grover Neeru

Purchase Details

Closed on
Jul 18, 2011
Sold by
Grover Rajiv
Bought by
Grover Neeru

Purchase Details

Closed on
Aug 17, 2010
Sold by
Rivas Roberto and Rivas Olinda
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 15, 2006
Sold by
Rivas Roberto
Bought by
Rivas Roberto and Rivas Olinda

Purchase Details

Closed on
Jan 29, 2003
Sold by
Rivas Roberto A
Bought by
Rivas Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2000
Sold by
Parra Lucy M
Bought by
Rivas Roberto and Rivas Olinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,141
Interest Rate
8.12%
Mortgage Type
FHA
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
Dunne Sara $690,000 Fidelity National Title
Sarco Dean $555,000 Commonwealth Land Title Ins
Grosi Llc -- None Available
Grover Neeru -- None Available
Grover Neeru -- None Available
Shah Simone -- None Available
Shah Simone $202,000 First American Title Ins Co
Grover Neeru -- First American Title Ins Co
Federal Home Loan Mortgage Corporation $294,000 Accommodation
Rivas Roberto -- None Available
Rivas Roberto -- Commerce Title
Rivas Roberto -- Commerce Title
Rivas Roberto $105,000 Gateway Title Company
Parra Lucy M -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunne Sara $695,500
Closed Dunne Sara $677,502
Previous Owner Sarco Dean $416,250
Previous Owner Rivas Roberto $50,000
Previous Owner Rivas Roberto $370,000
Previous Owner Rivas Roberto $25,000
Previous Owner Rivas Roberto $310,000
Previous Owner Rivas Roberto $50,000
Previous Owner Rivas Roberto $145,000
Previous Owner Rivas Roberto $25,000
Previous Owner Davis Roberto $103,377
Previous Owner Rivas Roberto $104,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $690,000 -7.4% $459 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $745,000 +34.2% $496 / Sq Ft
08/07/2015 08/07/15 Sold $555,000 +12.1% $370 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $495,000 -- $330 / 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 $9,521 $785,097 $568,913 $216,184
2024 $9,521 $769,704 $557,758 $211,946
2023 $9,338 $754,613 $546,822 $207,791
2022 $8,904 $739,817 $536,100 $203,717
2021 $8,794 $725,312 $525,589 $199,723
2020 $8,882 $717,876 $520,200 $197,676
2019 $8,531 $703,800 $510,000 $193,800
2018 $7,112 $577,422 $416,160 $161,262
2016 $6,794 $555,000 $400,000 $155,000
2015 $2,696 $211,108 $158,332 $52,776
2014 -- $206,974 $155,231 $51,743
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joanna Moss

    Equity Union

    Section Image

  • D

    Seller Co-Listing Agent in 2018

    D. Danielle Hoston Wrighster

    D Danielle Hoston Wrighster

  • T

    Buyer's Agent in 2018

    Travis Wayne

    Compass

    (323) 300-1000

    24 Total Sales

    Section Image

  • F

    Seller's Agent in 2015

    Fahim Shah

    Fahim Shah Realty

    (213) 458-4142

    3 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 17-283982

The MLS

APN: 5446-027-008

California Los Angeles County Los Angeles 90031

126 E Avenue 37, Los Angeles, CA

This home is located at 126 E Avenue 37, Los Angeles, CA 90031 since 25 October 2017 and is currently estimated at $1,061,718, approximately $706 per square foot. This property was built in 1922. 126 E Avenue 37 is a home located in Los Angeles County with nearby schools including Loreto Street Elementary School, Latona Avenue Elementary School, and Florence Nightingale Middle.

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