NOT LISTED FOR SALE

129 N Alma Ave Los Angeles, CA 90063

Estimated Value: $755,000 - $780,000

4 Beds
2 Baths
1,644 Sq Ft
$469/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $440,000 $268 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,829/month

44 Days on Market

Highlights

  • No HOA
  • 4-minute walk to Indiana
  • 1-Story Property
  • James A. Garfield Senior High School Rated A
  • Paved or Partially Paved Lot

About This Home

As of May 2017

Reduced! Reduced! Looking for Cash buyers!! Great Income Property in Los Angeles. property is a Duplex one of the units has a basement currently rented with one bedroom one bath and separate door for access (not known if permitted). property needs some exterior maintenance but it's a good producing income property. Great commuter location between freeways 60,10 and 710. walking distance to Ramona High School and the Metro Station and also very close to El Mercadito de los Angeles. Great income opportunity! Please call me for details! As per city there is no Rent control.

Last Agent to Sell the Property

Pablo Diaz

WESTCOE REALTORS INC License #01396625 Listed on: 02/14/2017

WESTCOE REALTORS INC

Last Buyer's Agent

Richard Hernandez

Star Commerical Real Estate License #01943277

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,627

Year Built

  • Built in 1926

Lot Details

  • 6,886 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Duplex
  • Asbestos Shingle Roof

Interior Spaces

  • 1,644 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5311
  • Assessor Parcel Number 5232011001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $60
  • Insurance Expense $60
  • Trash Expense $50
  • Water Sewer Expense $60
  • New Taxes Expense $1,884
  • Operating Expense $195
  • Gross Income $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,627

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 60.00
  • Zoning: LCR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5232011001
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 267.64

Exterior Features

  • Pool Private: No
  • Roof: Asbestos Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Paved
  • Lot Size Sq Ft: 6886.00
  • Lot Size Acres: 0.1581

Multi Family

  • Electric Expense: 60.00
  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 60.00
  • Lot Size Area: 6886.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 195.00

Tax Info

  • New Taxes Expense: 1884.00
  • Tax Census Tract: 5311.01
  • Tax Lot: 1
  • Tax Tract Number: 5311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2019
Sold by
Hernandez Richard De Jesus and The Pantokrator Family Trust
Bought by
Hernandez Richard De Jesus
Current Estimated Value
$771,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2019
Sold by
Hernandez Richard De Jesus
Bought by
Hernandez Richard De Jesus and The Pantokrator Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2018
Sold by
Dejesus Hernandez Richard
Bought by
Dejesus Hernandez Richard and The Blessings From The Pantokr

Purchase Details

Listed on
Feb 14, 2017
Closed on
May 4, 2017
Sold by
Arenas H Ortensia and Arenas Family Trust
Bought by
Hernandez Richard De Jesus
Seller's Agent
Pablo Diaz
WESTCOE REALTORS INC
Buyer's Agent
Richard Hernandez
Star Commerical Real Estate
List Price
$474,900
Sold Price
$440,000
Premium/Discount to List
-$34,900
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$352,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1998
Sold by
Family Trust Arenas Joe And Hortensia Trs Are
Bought by
Arenas Joe and Arenas Hortensia
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
Hernandez Richard De Jesus -- First American Title
Hernandez Richard De Jesus -- First American Title Company
Dejesus Hernandez Richard -- None Available
Hernandez Richard De Jesus $440,000 First American Title Company
Arenas Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejesus Hernandez Richard $450,000
Closed Hernandez Richard De Jesus $333,000
Closed Hernandez Richard De Jesus $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2017 05/17/17 Sold $440,000 0.0% $268 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/17/2017 03/17/17 Off Market $440,000 -- --
03/12/2017 03/12/17 Price Changed $450,000 -5.2% $274 / Sq Ft
02/14/2017 02/14/17 For Sale $474,900 -- $289 / 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 $7,627 $510,651 $331,924 $178,727
2024 $7,627 $500,639 $325,416 $175,223
2023 $7,250 $490,824 $319,036 $171,788
2022 $6,937 $481,201 $312,781 $168,420
2021 $6,858 $471,767 $306,649 $165,118
2020 $6,903 $466,930 $303,505 $163,425
2019 $6,662 $457,775 $297,554 $160,221
2018 $6,552 $448,800 $291,720 $157,080
2016 $1,884 $48,075 $21,291 $26,784
2015 $1,865 $47,354 $20,972 $26,382
2014 $1,878 $46,428 $20,562 $25,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17030635

California Regional Multiple Listing Service (CRMLS)

APN: 5232-011-001