NOT LISTED FOR SALE

Estimated Value: $1,026,808 - $1,181,000

10 Beds
6 Baths
3,586 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $778,000 $217 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,796/month

46 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Front Yard

About This Home

As of August 2019

Fabulous Investment Opportunity for this Duplex with NO RENT CONTROL! Each Unit Features: 5 Bedrooms, 3 Bathrooms with One Bedroom and Full Bathroom Downstairs, Large Spacious Kitchen, Upstairs Laundry Area, Master Bedroom/Bathroom in Each Unit and Fenced Yard Area. The Duplex is improved with a 3 Car Garage and plenty of parking on the long driveway. Conveniently located to Los Angeles International Airport, Freeways, Railway Transit Lines, Neighborhood Shopping and Public Transportation. Units are currently occupied on a month to month basis.

Last Agent to Sell the Property

Monica Diaz-Campbell

EXP REALTY OF CALIFORNIA INC License #01293082 Listed on: 01/21/2019

EXP REALTY OF CALIFORNIA INC

Last Buyer's Agent

Michelle Yoon

Realty One Group Diamond License #01991897

Realty One Group Diamond

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015

Lot Details

  • 5,400 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 3,586 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 5
  • Assessor Parcel Number 6011003008

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $440
  • Insurance Expense $2,638
  • Maintenance Expense $540
  • Professional Management Expense $3,108
  • Water Sewer Expense $840
  • New Taxes Expense $3,398
  • Operating Expense $10,964
  • Gross Income $49,036
  • Net Operating Income $49,036

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 3108.00
  • Property Attached: No
  • Water Sewer Expenses: 840.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Gardener Expense: 440.00
  • Parcel Number: 6011003008
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 216.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 49036.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 2638.00
  • Lot Size Area: 5400.0000 Square Feet
  • Maintenance Expense: 540.00
  • Net Operating Income: 49036.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10964.00
  • Rent Control: No
  • Total Expenses: 10964.00

Tax Info

  • New Taxes Expense: 3398.00
  • Tax Census Tract: 2393.20
  • Tax Lot: 8
  • Tax Tract Number: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Jul 30, 2019
Sold by
Clearinghouse Crec Llc
Bought by
Hong Ji S and Hong Karen Kyung
Seller's Agent
Monica Diaz-Campbell
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
Michelle Yoon
Realty One Group Diamond
List Price
$778,000
Sold Price
$778,000
Current Estimated Value
$1,130,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,702
Avg. Annual Appreciation
6.05%
Original Mortgage
$583,500
Outstanding Balance
$511,038
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$619,664

Purchase Details

Closed on
Feb 2, 2015
Sold by
Ocean Development Inc
Bought by
Clearinghouse Crec Sub 1 Llc

Purchase Details

Closed on
Sep 9, 2014
Sold by
Morales Morena
Bought by
Ocean Development Inc

Purchase Details

Closed on
Jul 11, 2012
Sold by
Morales Morena
Bought by
Morales Manuel and Morales Morena

Purchase Details

Closed on
Sep 21, 2004
Sold by
Hernandez Manuel Morales
Bought by
Morales Morena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2004
Sold by
Castillo Raul Antonio and Decastillo Roxana E Giron
Bought by
Morales Morena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2003
Sold by
Castillo Raul Antonio
Bought by
Castillo Raul Antonio

Purchase Details

Closed on
Aug 22, 2003
Sold by
Castillo Roxana E Giron
Bought by
Castillo Raul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2001
Sold by
Gonzalez Demetrio and Gonzalez Maria
Bought by
Gonzalez Demetrio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2001
Sold by
Gonzalez Demetrio and Gonzalez Maria
Bought by
Castillo Raul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
7.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hong Ji S $778,000 Chicago Title Company
Clearinghouse Crec Sub 1 Llc $2,320,000 Lawyers Title
Ocean Development Inc $187,000 None Available
Morales Manuel -- None Available
Morales Morena -- First American Title Company
Morales Morena $255,000 Fatcola
Castillo Raul Antonio -- --
Castillo Raul A -- Lawyers Title
Gonzalez Demetrio -- Commonwealth Land Title Co
Castillo Raul A $135,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Ji S $583,500
Previous Owner Morales Morena $204,000
Previous Owner Castillo Raul A $166,500
Previous Owner Castillo Raul A $132,914
Closed Morales Morena $38,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2019 08/20/19 Sold $778,000 0.0% $217 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $778,000 -- $217 / 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 $10,465 $850,853 $382,774 $468,079
2024 $10,465 $834,170 $375,269 $458,901
2023 $10,266 $817,814 $367,911 $449,903
2022 $9,794 $801,780 $360,698 $441,082
2021 $9,660 $786,060 $353,626 $432,434
2020 $9,754 $778,000 $350,000 $428,000
2019 $7,645 $615,500 $206,935 $408,565
2018 $7,553 $603,432 $202,878 $400,554
2016 $7,019 $580,000 $195,000 $385,000
2015 $2,537 $199,800 $155,000 $44,800
2014 -- $200,700 $140,500 $60,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19015883

California Regional Multiple Listing Service (CRMLS)

APN: 6011-003-008