NOT LISTED FOR SALE

1308 W Manchester Ave Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $781,000 - $873,057

5 Beds
2 Baths
2,256 Sq Ft
$363/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $550,000 $244 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,089/month

2 Days on Market

About This Home

As of August 2020

Attention
Two Units on a lot
Front house
3 BR and 1.5 BA
Back House 2 BR and 1 BA
Both homes are spacious
In between homes you have a spacious patio area for entertainment
Also three car garage as well
Great Investment opportunity

Last Agent to Sell the Property

John Heinz

Century 21 Cornerstone License #01901640 Listed on: 07/14/2020

Century 21 Cornerstone

Last Buyer's Agent

John Heinz

Century 21 Cornerstone License #01901640 Listed on: 07/14/2020

Century 21 Cornerstone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,453

Year Built

  • Built in 1900

Lot Details

  • 5,528 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,256 Sq Ft Home
  • Cosmetic Repairs Needed

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for all utilities, cable TV
  • Tax Lot 54
  • Tax Tract Number 2382
  • Assessor Parcel Number 6047001005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • New Taxes Expense $1,460
  • Operating Expense $2,060
  • Gross Income $19,200
  • Net Operating Income $17,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,453

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 3109418216
  • Other Phone Number: 3109418216+
  • Property Attached: No
  • Zoning: LAC2
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6047001005
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 243.79
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5528.00
  • Lot Size Acres: 0.1269

Rental Info

  • Tenant Pays: All Utilities, Cable TV

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5528.0000 Square Feet
  • Net Operating Income: 17140.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2060.00
  • Rent Control: Yes
  • Total Actual Rent: 1600.00
  • Total Expenses: 2060.00

Tax Info

  • New Taxes Expense: 1460.00
  • Tax Census Tract: 2382.00
  • Tax Lot: 54
  • Tax Tract Number: 2382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jul 20, 2020
Sold by
Rudshagen Carmen and The Woodward Family Trust
Bought by
Gilmore Village Llc
Seller's Agent
John Heinz
Century 21 Cornerstone
Buyer's Agent
John Heinz
Century 21 Cornerstone
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$820,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,014
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Aug 29, 2002
Sold by
Woodward Robert A and Woodward Dolores
Bought by
Woodward Robert Andrew and Woodward Dolores
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
Gilmore Village Llc $550,000 Orange Coast Title Company
Woodward Robert Andrew -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $550,000 -8.2% $244 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $599,000 -- $266 / 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 $7,453 $595,336 $432,972 $162,364
2024 $7,453 $583,664 $424,483 $159,181
2023 $7,317 $572,220 $416,160 $156,060
2022 $6,991 $561,000 $408,000 $153,000
2021 $6,896 $550,000 $400,000 $150,000
2020 $1,504 $89,529 $43,768 $45,761
2019 $1,461 $87,774 $42,910 $44,864
2018 $1,342 $86,054 $42,069 $43,985
2016 $1,265 $82,715 $40,437 $42,278
2015 $1,251 $81,473 $39,830 $41,643
2014 $1,271 $79,878 $39,050 $40,828
Source: Public Records

Agents Affiliated with this Home

  • John Heinz

    Seller's Agent in 2020

    John Heinz

    Century 21 Cornerstone

    (310) 941-8216

    59 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20134945

California Regional Multiple Listing Service (CRMLS)

APN: 6047-001-005

California Los Angeles County Los Angeles 90044 Vermont Knolls

1308 W Manchester Ave, Los Angeles, CA

This home is located at 1308 W Manchester Ave, Los Angeles, CA 90044 since 14 July 2020 and is currently estimated at $820,014, approximately $363 per square foot. This property was built in 1900. 1308 W Manchester Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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