NOT LISTED FOR SALE

Estimated Value: $616,775 - $731,000

4 Beds
2 Baths
1,576 Sq Ft
$438/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $465,000 $295 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,187/month

29 Days on Market

About This Home

As of June 2018

Incredible investment opportunity in Los Angeles!This Duplex features over 1,500 SF (apx) of living space and sits on a lot that is 5,400 SF (apx). Each unit has 2 bedrooms and 1 bathroom and laundry area inside them. Both units have been well kept by tenants. 1-car garage per unit and additional parking spaces. Each unit on a separate meter,s. CAP RATE is 5.57% One unit might be delivered vacant.

Last Agent to Sell the Property

Eric Delgado

Luxury Collective License #01831579 Listed on: 04/17/2018

Luxury Collective

Co-Listed By

Jhon Cordova

Luxury Collective License #01817265

Last Buyer's Agent

Kenneth Palma

Palma Investments License #01886266

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,400 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,576 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 5745
  • Assessor Parcel Number 6063017024

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $900
  • New Taxes Expense $5,500
  • Operating Expense $7,400
  • Gross Income $31,920
  • Net Operating Income $24,520

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.57
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6063017024
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 295.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5400.00

Multi Family

  • Gross Income: 31920.00
  • Gross Multiplier: 13.78
  • Gross Scheduled Income: 31920.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 24520.00
  • 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: 7400.00
  • Rent Control: Yes
  • Total Expenses: 7400.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Census Tract: 2411.10
  • Tax Lot: 25
  • Tax Tract Number: 5745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Vaughn Jocelyn and Clark Gail
Bought by
Vaughn Jocelyn
Current Estimated Value
$690,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,976
Outstanding Balance
$406,103
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$284,841

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 16, 2018
Sold by
Clark Clark H
Bought by
Vaughn Jocelyn and Clark Gail
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Kenneth Palma
Palma Investments
List Price
$440,000
Sold Price
$465,000
Premium/Discount to List
$25,000
5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$456,577
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2005
Sold by
Clark H B H and Clark Addie D
Bought by
Clark H B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vaughn Jocelyn -- Wfg National Title Co Of Ca
Vaughn Jocelyn $465,000 Lawyers Title Company
Clark H B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Jocelyn $457,976
Closed Vaughn Jocelyn $456,577
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $465,000 +5.7% $295 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $440,000 -- $279 / 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 $6,798 $532,984 $343,861 $189,123
2024 $6,798 $522,534 $337,119 $185,415
2023 $6,670 $512,289 $330,509 $181,780
2022 $6,370 $502,245 $324,029 $178,216
2021 $6,287 $492,398 $317,676 $174,722
2020 $6,303 $483,786 $312,120 $171,666
2019 $6,061 $474,300 $306,000 $168,300
2018 $2,855 $201,908 $91,681 $110,227
2016 $2,714 $194,070 $88,122 $105,948
2015 $2,674 $191,156 $86,799 $104,357
2014 $2,689 $187,412 $85,099 $102,313
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18088015

California Regional Multiple Listing Service (CRMLS)

APN: 6063-017-024