NOT LISTED FOR SALE

1308 W 85th St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $1,182,000 - $1,278,000

10 Beds
6 Baths
3,786 Sq Ft
$321/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $890,000 $235 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,325/month

3 Days on Market

Highlights

  • Double Pane Windows
  • Landscaped
  • 1-Story Property
  • Laundry Room
  • Central Heating

About This Home

As of December 2019

Excellent Investment Property - Duplex * Built in 2017 * 5 Bedrooms and 3 Baths in Each Unit * 3 Car Garage * Duplex totals 3,750 SF * Dual Pane Windows * Kitchen with Granite Counter tops * $6,000 Rental Income Every Month

Last Agent to Sell the Property

Cary Hairabedian

RE/MAX College Park Realty License #00876519 Listed on: 10/02/2019

RE/MAX College Park Realty

Last Buyer's Agent

Cary Hairabedian

RE/MAX College Park Realty License #00876519 Listed on: 10/02/2019

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,939

Year Built

  • Built in 2017

Lot Details

  • 5,706 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,786 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 123
  • Tax Tract Number 123
  • Assessor Parcel Number 6033001011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $1,000
  • Water Sewer Expense $4,200
  • New Taxes Expense $11,125
  • Operating Expense $17,105
  • Gross Income $6,000
  • Net Operating Income $54,895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,939

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4200.00
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 6033001011
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 235.08
  • Window Features: Double Pane Windows

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: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5706.00
  • Lot Size Acres: 0.1310

Multi Family

  • Gross Income: 6000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5706.0000 Square Feet
  • Net Operating Income: 54895.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 17105.00

Tax Info

  • New Taxes Expense: 11125.00
  • Tax Census Tract: 2382.00
  • Tax Lot: 123
  • Tax Tract Number: 123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Yu Shu Min
Bought by
Golden Silvercrest Llc
Current Estimated Value
$1,161,736

Purchase Details

Closed on
Jun 29, 2020
Sold by
Golden Silvercrest Llc
Bought by
Yu Shu Min

Purchase Details

Listed on
Oct 2, 2019
Closed on
Oct 18, 2019
Sold by
Three Star Land Management Llc
Bought by
Golden Silvercrest Llc
Seller's Agent
Cary Hairabedian
RE/MAX College Park Realty
Buyer's Agent
Cary Hairabedian
RE/MAX College Park Realty
List Price
$890,000
Sold Price
$890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$445,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2017
Sold by
Ocean Development Inc
Bought by
Three Star Land Management Llc

Purchase Details

Closed on
May 17, 2016
Sold by
Page Ellie
Bought by
Ocean Development Inc

Purchase Details

Closed on
Jun 29, 2007
Sold by
Bivins Christine B
Bought by
Edwards Janice Boykin
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
Golden Silvercrest Llc -- Orange Coast Ttl Co Of Socal
Yu Shu Min -- Accommodation
Golden Silvercrest Llc $890,000 Lawyers Title Burbank
Three Star Land Management Llc $300,000 Lawyers Title
Ocean Development Inc $300,000 Lawyers Title
Edwards Janice Boykin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Shu Min $463,000
Previous Owner Golden Silvercrest Llc $445,000
Previous Owner Three Star Land Management Llc $426,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $890,000 0.0% $235 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $890,000 -- $235 / 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 $11,939 $973,341 $328,093 $645,248
2024 $11,939 $954,257 $321,660 $632,597
2023 $11,715 $935,547 $315,353 $620,194
2022 $12,023 $989,400 $581,400 $408,000
2021 $11,027 $899,220 $303,108 $596,112
2020 $11,136 $890,000 $300,000 $590,000
2019 $9,911 $805,269 $312,120 $493,149
2018 $11,003 $890,000 $306,000 $584,000
2016 $520 $28,109 $19,852 $8,257
2015 $515 $27,687 $19,554 $8,133
2014 $529 $27,145 $19,171 $7,974
Source: Public Records

Agents Affiliated with this Home

  • Cary Hairabedian

    Seller's Agent in 2019

    Cary Hairabedian

    RE/MAX

    91 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19234107

California Regional Multiple Listing Service (CRMLS)

APN: 6033-001-011

California Los Angeles County Los Angeles 90044 Vermont Knolls

1308 W 85th St, Los Angeles, CA

This home is located at 1308 W 85th St, Los Angeles, CA 90044 since 02 October 2019 and is currently estimated at $1,215,290, approximately $320 per square foot. This property was built in 2017. 1308 W 85th St is a home located in Los Angeles County with nearby schools including La Salle Avenue Elementary School, Horace Mann Ucla Community, and George Washington Preparatory High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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