NOT LISTED FOR SALE

1306 W 61st St Los Angeles, CA 90044

Vermont-Slauson Neighborhood

Estimated Value: $524,642 - $825,000

3 Beds
3 Baths
1,656 Sq Ft
$411/Sq Ft Est. Value

Last Sold December 24, 2019

Last sale price $395,000 $239 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,010/month

168 Days on Market

About This Home

As of December 2019

Three units all 1 bed/1 bath in Los Angeles. Perfect for any portfolio. Tenants will remain with the transfer of sale. Property is located in RENT CONTROL.

Last Agent to Sell the Property

Ed Weekes

Platinum Realty & Invest, Grp License #01230084 Listed on: 06/25/2019

Platinum Realty & Invest, Grp

Last Buyer's Agent

Martina White

Jazzed Realty, Inc. License #01203295

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,336

Year Built

  • Built in 1924

Lot Details

  • 6,724 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • 1,656 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6003026014

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,336

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6003026014
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 238.53

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6724.00
  • Lot Size Acres: 0.1544

Multi Family

  • Lot Size Area: 6724.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 2500.00

Tax Info

  • Tax Census Tract: 2372.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Dec 12, 2019
Sold by
Primos Properties Inc
Bought by
Young Darryl E and White Martina L
Seller's Agent
Ed Weekes
Platinum Realty & Invest, Grp
Buyer's Agent
Martina White
Jazzed Realty, Inc.
List Price
$385,000
Sold Price
$395,000
Premium/Discount to List
$10,000
2.6%
Current Estimated Value
$681,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,161
Avg. Annual Appreciation
9.76%
Original Mortgage
$253,500
Outstanding Balance
$223,497
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$457,664

Purchase Details

Closed on
Oct 5, 2016
Sold by
Arana Manuel
Bought by
Primos Properties Inc

Purchase Details

Closed on
Apr 27, 2012
Sold by
Arana Irene
Bought by
Arana Manuel

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
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
V Mar Inc
Bought by
Arana Manuel

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
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2011
Sold by
Martinez Victor
Bought by
V Mar Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Martinez Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2009
Sold by
Esparza Jose Fernando
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 3, 2005
Sold by
Esparza Jose
Bought by
Esparza Jose Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.82%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 28, 2003
Sold by
Sanchez Victor
Bought by
Esparza Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.93%
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
Young Darryl E $390,000 Wfg Title Company Of Ca
Primos Properties Inc -- None Available
Arana Manuel -- None Available
Arana Manuel $320,000 None Available
V Mar Inc -- None Available
Martinez Victor $150,000 Lsi Title Company
Deutsche Bank National Trust Company $190,000 Security Union Title Ins Co
Esparza Jose Fernando $400,000 Chicago
Esparza Jose $210,000 --
Sanchez Victor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Darryl E $253,500
Previous Owner Arana Manuel $240,000
Previous Owner Martinez Victor $130,000
Previous Owner Esparza Jose Fernando $320,000
Previous Owner Esparza Jose $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2019 12/24/19 Sold $395,000 +2.6% $239 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/10/2019 12/10/19 For Sale $385,000 -2.5% $232 / Sq Ft
12/09/2019 12/09/19 Off Market $395,000 -- --
12/08/2019 12/08/19 For Sale $385,000 -2.5% $232 / Sq Ft
09/10/2019 09/10/19 Off Market $395,000 -- --
08/19/2019 08/19/19 Price Changed $460,000 0.0% $278 / Sq Ft
08/19/2019 08/19/19 For Sale $460,000 +16.5% $278 / Sq Ft
07/01/2019 07/01/19 Off Market $395,000 -- --
06/25/2019 06/25/19 For Sale $475,000 -- $287 / 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 $5,336 $426,519 $328,093 $98,426
2024 $5,336 $418,157 $321,660 $96,497
2023 $5,240 $409,958 $315,353 $94,605
2022 $5,006 $401,920 $309,170 $92,750
2021 $4,937 $394,040 $303,108 $90,932
2020 $4,985 $390,300 $300,000 $90,300
2019 $5,670 $458,076 $332,928 $125,148
2018 $5,594 $449,100 $326,400 $122,700
2016 $4,248 $339,531 $203,719 $135,812
2015 $4,188 $334,431 $200,659 $133,772
2014 $4,221 $327,881 $196,729 $131,152
Source: Public Records

Agents Affiliated with this Home

  • Ed Weekes

    Seller's Agent in 2019

    Ed Weekes

    Platinum Realty & Invest, Grp

    (562) 307-0786

    10 Total Sales

    Ed Weekes
    Section Image

  • M

    Buyer's Agent in 2019

    Martina White

    Jazzed Realty, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19138285

California Regional Multiple Listing Service (CRMLS)

APN: 6003-026-014

California Los Angeles County Los Angeles 90044 Vermont-Slauson

1306 W 61st St, Los Angeles, CA

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