NOT LISTED FOR SALE

1268 Velasco St Los Angeles, CA 90023

Estimated Value: $620,000 - $771,000

3 Beds
2 Baths
1,142 Sq Ft
$596/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $437,000 $383 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,191/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Quartz Countertops
  • Neighborhood Views
  • Felicitas and Gonzalo Mendez High Rated A-
  • No HOA
  • Covered Patio or Porch

About This Home

As of October 2017

Completely Refurbished and Remodeled! Now a Gorgeous 3 bed and 2 bath with huge gourmet kitchen. New Electrical 200 AMP Panel with all new wiring, copper plumbing and new roofing. Large porches in both front and backyard. High ceilings with original moldings with new recessed lighting throughout. Quartz Countertops with Full Spanish Tiling Backsplash. Porcelanosa Tiling throughout Bathrooms. Huge Porch overlooks large Backyard with Fruit Trees--- make great outdoor living space. Newly Refurbished Exterior and Landscaping with even more potential. Plenty of Closet space including walk-in Master closet. Conveniently Located in in close proximity to Schools, church and Freeway. This is a gem a great family neighborhood. Will not Last Long.

Last Agent to Sell the Property

Jon Herz

Pentimento Properties, Inc. License #01330406 Listed on: 05/25/2017

Last Buyer's Agent

Jon Herz

Pentimento Properties, Inc. License #01330406 Listed on: 05/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,133

Year Built

  • Built in 1916

Lot Details

  • 4,961 Sq Ft Lot
  • Wrought Iron Fence
  • Sprinkler System
  • Front Yard
  • Property is zoned LAR2

Home Design

  • Copper Plumbing

Interior Spaces

  • 1,142 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Dining Room
  • Stone Flooring
  • Neighborhood Views
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Parking Available
  • Shared Driveway
  • Paved Parking

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Sewer Paid

Additional Features

  • Covered Patio or Porch
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 103
  • Tax Tract Number 4838
  • Assessor Parcel Number 5190019005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,133

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: All Appliances.
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5190019005
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1142.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Copper Plumbing Full
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 382.66
  • Room Type: All Bedrooms Down, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Low Flow Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Remodeled
  • Room Kitchen Features: Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Brick, Concrete, Covered, Tile
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Shared Driveway, Concrete

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinkler System
  • Lot Size Sq Ft: 4961.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2051.20
  • Tax Lot: 103
  • Tax Tract Number: 4838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Aug 28, 2017
Sold by
J & J Strategic Design Llc
Bought by
Ramirez Ramiro J and Ceja Johana
Seller's Agent
Jon Herz
Pentimento Properties, Inc.
Buyer's Agent
Jon Herz
Pentimento Properties, Inc.
List Price
$434,900
Sold Price
$437,000
Premium/Discount to List
$2,100
0.48%
Current Estimated Value
$680,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,773
Avg. Annual Appreciation
5.73%
Original Mortgage
$60,000
Interest Rate
3.96%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 15, 2017
Sold by
Herz Burton L
Bought by
Herz Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.96%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Oct 1, 2016
Closed on
Jan 19, 2017
Sold by
Pnc Bank National Association
Bought by
Herz Jo Ann
Seller's Agent
Erika Isyanov
HomeBased Realty
Buyer's Agent
Jon Herz
Pentimento Properties, Inc.
List Price
$330,750
Sold Price
$312,000
Premium/Discount to List
-$18,750
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Jun 8, 2016
Sold by
Diaz Jesus and Diaz Sandra
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Feb 18, 2005
Sold by
Diaz Ana Maria
Bought by
Diaz Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Diaz Felix and Aguilar Esperanza
Bought by
Diaz Jesus and Diaz Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
Calle Pedro
Bought by
Diaz Felix and Aguilar Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1999
Sold by
Diaz Felix and Aguilar Esperanza
Bought by
Calle Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 1995
Sold by
Aguilar Elva
Bought by
Diaz Felix and Aguilar Esperanza

Purchase Details

Closed on
Mar 31, 1993
Sold by
Ontiveros Daniel
Bought by
Aguilar Elva
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
Ramirez Ramiro J $437,000 None Available
J & J Strategic Design Llc -- None Available
Herz Jo Ann -- Fidelity National Title
Herz Jo Ann $312,000 Fidelity National Title
Pnc Bank National Association $306,900 Accommodation
Diaz Jesus -- California Counties Title Co
Diaz Jesus $300,000 California Counties Title Co
Diaz Felix -- --
Calle Pedro $107,000 American Title Co
Diaz Felix -- --
Aguilar Elva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Ramiro J $225,000
Open Ramirez Ramiro J $366,088
Closed J & J Strategic Design Llc $60,000
Closed Ramirez Ramiro J $383,597
Previous Owner Herz Jo Ann $60,000
Previous Owner Diaz Jesus $328,000
Previous Owner Diaz Jesus $240,000
Previous Owner Diaz Felix $50,000
Previous Owner Diaz Felix $150,000
Previous Owner Calle Pedro $106,800
Closed Diaz Jesus $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $437,000 +0.5% $383 / Sq Ft
09/05/2017 09/05/17 For Sale $434,900 0.0% $381 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
06/05/2017 06/05/17 Price Changed $434,900 -2.2% $381 / Sq Ft
05/31/2017 05/31/17 Price Changed $444,900 +2.3% $390 / Sq Ft
05/25/2017 05/25/17 For Sale $434,900 +39.4% $381 / Sq Ft
01/27/2017 01/27/17 Sold $312,000 -5.7% $299 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
10/01/2016 10/01/16 For Sale $330,750 -- $317 / 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 $6,133 $497,226 $341,347 $155,879
2024 $6,133 $487,477 $334,654 $152,823
2023 $6,017 $477,920 $328,093 $149,827
2022 $5,740 $468,550 $321,660 $146,890
2021 $5,670 $459,363 $315,353 $144,010
2019 $5,503 $445,740 $306,000 $139,740
2018 $5,404 $437,000 $300,000 $137,000
2016 $4,020 $331,000 $260,100 $70,900
2015 $2,674 $218,000 $171,300 $46,700
2014 $2,521 $200,000 $157,200 $42,800
Source: Public Records

Agents Affiliated with this Home

  • Jon Herz

    Seller's Agent in 2017

    Jon Herz

    Pentimento Properties, Inc.

    (310) 880-7569

    2 in this area

    8 Total Sales

    Jon Herz
    Section Image
  • Erika Isyanov

    Seller's Agent in 2017

    Erika Isyanov

    HomeBased Realty

    (818) 888-7788

    2 Total Sales

    Erika Isyanov
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17116540

California Regional Multiple Listing Service (CRMLS)

APN: 5190-019-005

California Los Angeles County Los Angeles 90023

1268 Velasco St, Los Angeles, CA

This home is located at 1268 Velasco St, Los Angeles, CA 90023 since 25 May 2017 and is currently estimated at $680,773, approximately $596 per square foot. This property was built in 1916. 1268 Velasco St is a home located in Los Angeles County with nearby schools including Lorena Street Elementary School, Robert Louis Stevenson Middle School, and Theodore Roosevelt High School.

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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