NOT LISTED FOR SALE

Estimated Value: $997,000 - $1,320,000

4 Beds
2 Baths
1,404 Sq Ft
$783/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $875,000 $623 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,616/month

Highlights

  • 0.65 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • 2 Car Garage
  • No HOA
  • Living Room
  • Turnkey

About This Home

As of December 2021

This legal duplex with separate addresses(12645 and 126451/2 Norris) is located on a 28 thousand square feet lot with lots of room to expand or store many toys, the property consist of 2 detached units with 2 bedrooms and 1 bathroom each, each unit has it's own one car garage, this property can be bough separately or together with parcels 2507-003-033 and 2507-003-035 also for sale, the total for all 3 parcels is 5 units and over 1 acre of land, call me for the details or more information about this one.

Last Agent to Sell the Property

Manuel Escalante

Park Regency Realty License #01116912 Listed on: 08/03/2021

Park Regency Realty

Last Buyer's Agent

Manuel Escalante

Park Regency Realty License #01116912 Listed on: 08/03/2021

Park Regency Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,080

Year Built

  • Built in 1958

Lot Details

  • 0.65 Acre Lot
  • No Common Walls
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • Living Room
  • Carpet

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 5909
  • Assessor Parcel Number 2507003034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,080

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 2507003034
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1404.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 623.22
  • Room Type: Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 28419.00
  • Lot Size Acres: 0.6524

Multi Family

  • Lease Considered: No
  • Lot Size Area: 28419.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1070.20
  • Tax Lot: 107
  • Tax Tract Number: 5909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Dec 1, 2021
Sold by
L & M Investment Company
Bought by
R2h Norris Llc
Seller's Agent
Manuel Escalante
Park Regency Realty
Buyer's Agent
Manuel Escalante
Park Regency Realty
List Price
$995,000
Sold Price
$875,000
Premium/Discount to List
-$120,000
-12.06%
Current Estimated Value
$1,099,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,699
Avg. Annual Appreciation
2.76%
Original Mortgage
$850,000
Outstanding Balance
$783,688
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$185,643
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
R2h Norris Llc $1,875,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R2h Norris Llc $450,000
Open R2h Norris Llc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $875,000 -12.1% $623 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $995,000 -- $709 / 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 $9,080 $726,926 $504,073 $222,853
2024 $9,080 $712,674 $494,190 $218,484
2023 $8,910 $698,700 $484,500 $214,200
2022 $1,650 $96,607 $31,318 $65,289
2021 $1,627 $94,713 $30,704 $64,009
2020 $1,636 $93,743 $30,390 $63,353
2019 $1,590 $91,906 $29,795 $62,111
2018 $1,446 $90,105 $29,211 $60,894
2016 $1,376 $86,608 $28,078 $58,530
2015 $1,360 $85,308 $27,657 $57,651
2014 $1,390 $83,638 $27,116 $56,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21170282

California Regional Multiple Listing Service (CRMLS)

APN: 2507-003-034