NOT LISTED FOR SALE

131 W 112th St Los Angeles, CA 90061

Broadway-Manchester Neighborhood

Estimated Value: $755,000 - $962,000

7 Beds
3 Baths
2,688 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 21, 2012

Last sale price $256,000 $95 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $5,256/month

15 Days on Market

About This Home

As of May 2012

Great investment property! Duplex, one unit is 4 bedrooms 2 bath and the second unit is 3 bedrooms 2 bath, with plenty of parking, lots of space in each unit and nice spacious yard. Convenient location close to freeway, city wide transportation, schools and shopping Great opportunity for good potential cash flow this one will go fast. Purchase this property for as little as 3% down. Special financing available for owner occupant buyers and investors contact listing agent for more details and information.

Last Agent to Sell the Property

Rob Buchan

Robert Buchan License #00687340 Listed on: 03/13/2012

Robert Buchan

Last Buyer's Agent

Wonnie Kim

Won Suk Kim Real Estate, Inc. License #01873341

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,250

Year Built

  • Built in 1914

Lot Details

  • 6,901 Sq Ft Lot

Home Design

  • 2,688 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway

Listing and Financial Details

  • Tax Lot 222
  • Tax Tract Number 2411
  • Assessor Parcel Number 6074022044

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,250

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Type: Residential Income
  • Parcel Number: 6074022044
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 95.24

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6901.00
  • Lot Size Acres: 0.1580

Multi Family

  • Lot Size Area: 6901.0000 Square Feet
  • 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: Yes

Tax Info

  • Tax Lot: 222
  • Tax Tract Number: 2411
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2012
Closed on
May 7, 2012
Sold by
Urbina Celina Estela Hernandez
Bought by
Morales Oscar Antonio
Seller's Agent
Rob Buchan
Robert Buchan
Buyer's Agent
Wonnie Kim
Won Suk Kim Real Estate, Inc.
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%
Current Estimated Value
$856,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,844
Avg. Annual Appreciation
9.39%
Original Mortgage
$249,510
Outstanding Balance
$171,033
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$685,811

Purchase Details

Listed on
Mar 13, 2012
Closed on
Apr 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Morales Oscar Antonio
Seller's Agent
Rob Buchan
Robert Buchan
Buyer's Agent
Wonnie Kim
Won Suk Kim Real Estate, Inc.
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,510
Outstanding Balance
$171,033
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$685,811

Purchase Details

Closed on
Aug 8, 2011
Sold by
Hudson Roosevelt
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 2, 2005
Sold by
Collins Katie L
Bought by
Hudson Roosevelt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
1.37%
Mortgage Type
New Conventional
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
Morales Oscar Antonio -- Stewart Title Of California
Morales Oscar Antonio $256,000 Stewart Title Of California
Federal National Mortgage Association $207,400 Landsafe Title
Hudson Roosevelt $430,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Oscar Antonio $249,510
Previous Owner Hudson Roosevelt $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2012 05/21/12 Sold $256,000 +2.4% $95 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $249,900 -- $93 / 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 $9,250 $717,876 $468,180 $249,696
2024 $9,250 $703,800 $459,000 $244,800
2023 $9,077 $690,000 $450,000 $240,000
2022 $4,320 $302,995 $153,864 $149,131
2021 $4,253 $297,055 $150,848 $146,207
2020 $4,286 $294,010 $149,302 $144,708
2019 $4,134 $288,246 $146,375 $141,871
2018 $4,018 $282,595 $143,505 $139,090
2016 $3,813 $271,624 $137,934 $133,690
2015 $3,756 $267,545 $135,863 $131,682
2014 $3,771 $262,305 $133,202 $129,103
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rob Buchan

    Robert Buchan

    (310) 344-5202

    Rob Buchan
    Section Image
  • Wonnie Kim

    Buyer's Agent in 2012

    Wonnie Kim

    Won Suk Kim Real Estate, Inc.

    (213) 257-1999

    130 Total Sales

    Wonnie Kim
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12033234

California Regional Multiple Listing Service (CRMLS)

APN: 6074-022-044

California Los Angeles County Los Angeles 90061 Broadway-Manchester

131 W 112th St, Los Angeles, CA

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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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