NOT LISTED FOR SALE

1301 E 108th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $874,207 - $1,171,000

2 Beds
2 Baths
5,416 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $475,000 $88 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,957/month

60 Days on Market

About This Home

As of January 2015

Great income property in Los Angeles - close to shopping, transportation, and many other amenities

Last Agent to Sell the Property

Erin Paul

TDC/Pacific Properties Inc. License #01311256 Listed on: 12/09/2014

Co-Listed By

Bryan Cathcart

City and Coast Properties License #01314231

Last Buyer's Agent

Martin Muoto

Martin Muoto License #01922869

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls

Home Design

  • 5,416 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tax Lot 191
  • Tax Tract Number 2420
  • Assessor Parcel Number 6065011009

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

0.26 Acres

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6065011009
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 87.70

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11439.00
  • Lot Size Acres: 0.2630

Multi Family

  • Lot Size Area: 11439.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 191
  • Tax Tract Number: 2420
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2014
Closed on
Jan 13, 2015
Sold by
Principals Income Fund Llc
Bought by
Sola Real Estate Fund I Llc
Seller's Agent
Erin Paul
TDC/Pacific Properties Inc.
Buyer's Agent
Martin Muoto
Martin Muoto
List Price
$489,000
Sold Price
$475,000
Premium/Discount to List
-$14,000
-2.86%
Current Estimated Value
$1,002,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,552
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Aug 6, 2014
Sold by
Lamar Elois M
Bought by
Principals Income Fund Llc

Purchase Details

Closed on
Aug 11, 2005
Sold by
Lamar Elois M
Bought by
Lamar Elois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2002
Sold by
The Elois M Lamar Living Trust
Bought by
Lamar Elois M and Simmons Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
9.99%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Lamar Elois M
Bought by
The Elois M Lamar Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.9%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Lamar Elois M Tr Elois M Lamar Trust
Bought by
Lamar Elois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.9%

Purchase Details

Closed on
Dec 15, 1995
Sold by
The Elois M Lamar Living Trust
Bought by
Lamar Elois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
7.38%

Purchase Details

Closed on
Sep 20, 1994
Sold by
Lamar Elois
Bought by
The Elois M Lamar Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sola Real Estate Fund I Llc $475,000 None Available
Principals Income Fund Llc -- None Available
Lamar Elois M -- Ticor Title Co Fullerton
Lamar Elois M -- Fidelity National Title
The Elois M Lamar Living Trust -- --
Lamar Elois M -- Orange Coast Title
Lamar Elois M -- Guardian Title Company
The Elois M Lamar Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamar Elois M $336,000
Previous Owner Lamar Elois M $272,000
Previous Owner Lamar Elois M $185,000
Previous Owner Lamar Elois M $146,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2015 01/21/15 Sold $475,000 -2.9% $88 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $489,000 -- $90 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,507 $689,854 $456,699 $233,155
2024 $9,507 $676,329 $447,745 $228,584
2023 $9,339 $663,068 $438,966 $224,102
2022 $9,300 $650,067 $430,359 $219,708
2021 $9,165 $637,321 $421,921 $215,400
2019 $8,918 $618,419 $409,407 $209,012
2018 $8,689 $606,294 $401,380 $204,914
2016 $8,228 $582,753 $385,795 $196,958
2015 $8,363 $595,000 $395,000 $200,000
2014 -- $108,193 $19,975 $88,218
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Erin Paul

    TDC/Pacific Properties Inc.

  • B

    Seller Co-Listing Agent in 2015

    Bryan Cathcart

    City and Coast Properties

    Section Image
  • Martin Muoto

    Buyer's Agent in 2015

    Martin Muoto

    Martin Muoto

    (415) 271-0705

    Martin Muoto
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14239016

California Regional Multiple Listing Service (CRMLS)

APN: 6065-011-009

California Los Angeles County Los Angeles 90059 Watts

1301 E 108th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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