NOT LISTED FOR SALE

1269 S Ditman Ave Los Angeles, CA 90023

Estimated Value: $735,000 - $970,000

6 Beds
3 Baths
2,130 Sq Ft
$393/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $510,000 $239 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,300/month

37 Days on Market

Highlights

  • Multi-Level Bedroom
  • Granite Countertops
  • Living Room
  • James A. Garfield Senior High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of May 2016

The front main unit features 4 bedrooms, bonus room and 2 full bathrooms in over 1400 sqft of living space. The unit has been beautifully updated with granite counter tops, newer cabinetry, laminate flooring throughout living room & dining room and tile flooring in kitchen & bathrooms. Unit conveniently features 2 bedrooms and 1 bath upstairs and 2 bedrooms plus 1 bath downstairs. Laundry Hook ups located inside the unit on first floor. Unit features private patio area. Each unit separately metered for gas and electricity, so tenant is responsible to pay gas & electric utilities.

The rear 1 story unit features 2 bedrooms and 1 full bathroom in about 650 sq ft of living space. This unit also has updates in kitchen and bathroom, and Living room and hallway has laminate flooring, tile flooring in kitchen and bathroom and carpeted bedrooms. Unit features covered patio area. Private washer dryer hookups located outside.

Managed by professional management company. Property can be delivered vacant if requested, or both tenants are willing to stay and sign longer term leases. NO RENT CONTROL! Perfect for Investor, Large Family, Or rent one unit and live in the other.
Tax records show 4 bedroom 3 bathroom- Buyer to verify.

Last Agent to Sell the Property

Sergio Lopez

No Firm Affiliation License #01933223 Listed on: 01/05/2016

Co-Listed By

Karen Rodriguez

Karen Alicia Rodriguez License #01964563

Last Buyer's Agent

IVAN ANTHONY SOLIS

CENTRAL FINANCIAL AND REALTY License #01128055

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,835

Year Built

  • Built in 1953

Lot Details

  • 5,096 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Fence is in average condition
  • No Landscaping

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Laminate Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Multi-Level Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer Hookup

Parking

  • Parking Available
  • On-Site Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 324
  • Tax Tract Number 3840
  • Assessor Parcel Number 5242011034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $71
  • Professional Management Expense $2,400
  • Trash Expense $100
  • Water Sewer Expense $125
  • New Taxes Expense $456
  • Operating Expense $10,500
  • Gross Income $40,800
  • Net Operating Income $38,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,835

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Co-Agent
  • Other Phone Number: 818-667-1106
  • Professional Management Expense: 2400.00
  • Property Attached: No
  • Water Sewer Expenses: 125.00
  • Property Type: Residential Income
  • Parcel Number: 5242011034
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 239.44
  • Room Type: Living Room, Multi-Level Bedroom

Exterior Features

  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Unassigned

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: In Kitchen, Washer Hookup
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping, Walkstreet
  • Lot Size Sq Ft: 5096.00
  • Price Per Lot Square Foot: 100.08
  • Lot Size Acres: 0.1170

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 71.00
  • Lot Size Area: 5096.0000 Square Feet
  • Net Operating Income: 38300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 3400.00
  • Total Expenses: 10500.00

Tax Info

  • New Taxes Expense: 456.00
  • Tax Lot: 324
  • Tax Tract Number: 3840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Maciel Javier and Maciel Alma D
Bought by
Maciel Javier and Maciel Alma D
Current Estimated Value
$837,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,070
Outstanding Balance
$524,766
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$286,269

Purchase Details

Closed on
Mar 4, 2020
Sold by
Gonzalez Javier Miciel and Maciel Alma
Bought by
Gonzalez Javier Maciel and Maciel Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,800
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2016
Sold by
Mclean Lisa Marie
Bought by
Maciel Javier and Maciel Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,762
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 20, 2015
Closed on
Jun 4, 2015
Sold by
Sirbu Robert
Bought by
Mclean Lisa Marie
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
List Price
$459,900
Sold Price
$455,000
Premium/Discount to List
-$4,900
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$364,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2015
Closed on
Apr 23, 2015
Sold by
Burgos Carlos
Bought by
Mclean Lisa Marie
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
List Price
$459,900
Sold Price
$455,000
Premium/Discount to List
-$4,900
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2012
Sold by
American Strategic Minerals Corporation
Bought by
Burgos Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,171
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2012
Sold by
Bank Of America Na
Bought by
American Strategic Minerals Corp

Purchase Details

Closed on
Dec 22, 2011
Sold by
Garcia Jose Antonio
Bought by
Bank Of America N A

Purchase Details

Closed on
Oct 16, 2006
Sold by
Garcia Jose Antonio
Bought by
Valdez Elizabeth and Valdez Maria T

Purchase Details

Closed on
May 5, 2005
Sold by
Reyes Rosalinda
Bought by
Garcia Jose Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 1996
Sold by
Yanez Maria
Bought by
Garcia Jose Antonio and Reyes Rosalinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.5%
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
Maciel Javier -- Lawyers Title
Gonzalez Javier Maciel -- Lawyers Title
Maciel Javier $510,000 Wfg Title Company Of Ca
Mclean Lisa Marie -- Fidelity National Title Co
Mclean Lisa Marie $455,000 Fidelity National Title Co
Burgos Carlos $377,000 Stewart Title Of California
American Strategic Minerals Corp $241,000 Fidelity Title
Bank Of America N A $217,500 Landsafe Title
Valdez Elizabeth $140,000 California Counties Title Co
Garcia Jose Antonio -- United Title Company-La
Garcia Jose Antonio $160,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maciel Javier $584,070
Closed Gonzalez Javier Maciel $569,800
Previous Owner Maciel Javier $500,762
Previous Owner Mclean Lisa Marie $364,000
Previous Owner Burgos Carlos $370,171
Previous Owner Garcia Jose Antonio $348,000
Previous Owner Garcia Jose Antonio $152,800
Previous Owner Garcia Jose Antonio $128,000
Closed Garcia Jose Antonio $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $510,000 -2.9% $239 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $525,000 +15.4% $246 / Sq Ft
06/12/2015 06/12/15 Sold $455,000 -1.1% $214 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $459,900 +21.0% $216 / Sq Ft
03/15/2013 03/15/13 Sold $380,000 -2.6% $178 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $390,000 -- $183 / 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 $8,835 $643,041 $383,158 $259,883
2024 $8,835 $630,434 $375,646 $254,788
2023 $8,519 $618,074 $368,281 $249,793
2022 $8,128 $605,956 $361,060 $244,896
2021 $8,033 $594,076 $353,981 $240,095
2020 $7,667 $552,038 $335,553 $216,485
2019 $7,384 $541,215 $328,974 $212,241
2018 $7,244 $530,604 $322,524 $208,080
2016 $6,376 $461,938 $360,413 $101,525
2015 $5,477 $386,277 $153,691 $232,586
2014 -- $378,711 $150,681 $228,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16002388

California Regional Multiple Listing Service (CRMLS)

APN: 5242-011-034