NOT LISTED FOR SALE

Estimated Value: $771,104 - $954,000

4 Beds
3 Baths
1,394 Sq Ft
$602/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $625,000 $448 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,123/month

78 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Living Room
  • Spanish Architecture
  • Neighborhood Views
  • Laundry Room

About This Home

As of February 2023

This property offers two income producing attached units for your discerning buyer who is looking for a multiple use property. The first unit features 3 bedrooms with 2 bathrooms with a nice floor plan. The second unit features 1 bedroom with 1 bathroom. Overall great income potential. You can live in one and rent the other. Fully fenced front, side and back yard. Only minutes away from Downtown Los Angeles, LA Live, Crypto Arena and near major freeways.

Back on the Market - Subject to Cancellation of Current Escrow.

Last Agent to Sell the Property

Corina Preece

EXCELLENCE RE REAL ESTATE License #01478451 Listed on: 10/20/2022

EXCELLENCE RE REAL ESTATE

Co-Listed By

ESMERALDA JAUREGUI

AMBIANCE REALTY License #02095844

Last Buyer's Agent

Corina Preece

EXCELLENCE RE REAL ESTATE License #01478451 Listed on: 10/20/2022

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,889

Year Built

  • Built in 1940

Lot Details

  • 5,392 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Back and Front Yard

Home Design

  • Duplex
  • Spanish Architecture
  • Flat Roof Shape
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,394 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 214
  • Tax Tract Number 229100
  • Assessor Parcel Number 5104018030
  • $279 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,889

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 325000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5104018030
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 448.35
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Flat, Rolled/Hot Mop, Spanish Tile
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5392.00
  • Lot Size Acres: 0.1238

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Lot Size Area: 5392.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2291.00
  • Tax Lot: 214
  • Tax Tract Number: 229100
  • TaxOtherAnnualAssessmentAmount: 279.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2016
Sold by
Garcia Garcia Miguel A
Bought by
Garcia Garcia Miguel A and Sanchez Laura I
Current Estimated Value
$839,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,059
Outstanding Balance
$287,007
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$552,019

Purchase Details

Listed on
Mar 9, 2015
Closed on
Jul 30, 2015
Sold by
Mendoza Maria
Bought by
Garcia Miguel A and Sanchez Laura I
Seller's Agent
Elvia Z. DiLello
Keller Williams Downtown LA
Buyer's Agent
Robert Esparza
List Price
$369,000
Sold Price
$365,000
Premium/Discount to List
-$4,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$358,388
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2010
Sold by
Creo 114 Llc
Bought by
Mendoza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,978
Interest Rate
4.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2010
Sold by
Jimenez Rogelio
Bought by
Creo 114 Llc

Purchase Details

Closed on
Jan 23, 2006
Sold by
Jimenez Rogelio
Bought by
Jimenez Rogelio and Jimenez Filiberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 1997
Sold by
Claremont Investments Inc
Bought by
Jimenez Rogelio and Jimenez Filiberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,494
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 1997
Sold by
Daniels Juanita
Bought by
Claremont Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
8.13%
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
Garcia Garcia Miguel A -- Orange Coast Title Co Socal
Garcia Miguel A $365,000 Fidelity National Title Co
Mendoza Maria $277,000 Fnt
Creo 114 Llc $186,027 None Available
Jimenez Rogelio $91,500 Fidelity National Title Co
Jimenez Rogelio $169,000 Gateway Title Company
Claremont Investments Inc $64,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Garcia Miguel A $360,059
Closed Garcia Miguel A $358,388
Previous Owner Mendoza Maria $269,978
Previous Owner Jimenez Rogelio $251,000
Previous Owner Jimenez Rogelio $164,494
Previous Owner Claremont Investments Inc $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $625,000 -3.8% $448 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $650,000 0.0% $466 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $650,000 +4.0% $466 / Sq Ft
10/21/2022 10/21/22 Off Market $625,000 -- --
10/20/2022 10/20/22 For Sale $650,000 +78.1% $466 / Sq Ft
09/11/2015 09/11/15 Sold $365,000 -1.1% $262 / Sq Ft View Prior Sale
07/28/2015 07/28/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $369,000 -- $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 $7,889 $645,048 $509,796 $135,252
2024 $7,889 $632,400 $499,800 $132,600
2023 $5,283 $415,303 $216,299 $199,004
2022 $5,035 $407,160 $212,058 $195,102
2021 $4,970 $399,177 $207,900 $191,277
2019 $4,824 $387,339 $201,735 $185,604
2018 $4,743 $379,745 $197,780 $181,965
2016 $4,527 $365,000 $190,100 $174,900
2015 $3,696 $295,281 $80,802 $214,479
2014 $3,715 $289,498 $79,220 $210,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22213129

California Regional Multiple Listing Service (CRMLS)

APN: 5104-018-030