NOT LISTED FOR SALE

Estimated Value: $740,000 - $779,000

5 Beds
2 Baths
1,356 Sq Ft
$563/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $725,000 $535 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,555/month

86 Days on Market

About This Home

As of February 2024

Nicely kept Units in a very desirable rental area, close to the many amenities Los Angeles and surrounding areas have to offer, Assessor shows 2 units 2 bedroom 1 bath each, but it actually shows one unit as a 3 bedroom 1 bath. property also has a bonus room with it's own bath, one unit was upgraded for the current owners. This is a must add to your list of considerations

Last Agent to Sell the Property

Jorge Rico

Rico and Rico Realty and Assoc License #01842469 Listed on: 10/30/2023

Last Buyer's Agent

Breahna Alvarez

eXp of Greater Los Angeles Inc License #02174654

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,059

Year Built

  • Built in 1954

Lot Details

  • 6,504 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Bonus Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 3
  • Assessor Parcel Number 6056012010
  • $1,053 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $360
  • Water Sewer Expense $800
  • Operating Expense $2,360
  • Gross Income $70,200
  • Net Operating Income $67,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,059

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Price Per Unit: 360000
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 800.00
  • Zoning: LCR320U*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6056012010
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Bonus Room, Family Room
  • Levels: One
  • Price Per Square Foot: 534.66

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6504.00
  • Lot Size Acres: 0.1493

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 70200.00
  • Gross Scheduled Income: 70200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6504.0000 Square Feet
  • Net Operating Income: 67700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 2
  • Operating Expense: 2500.00
  • Rent Control: Yes
  • Total Actual Rent: 5850.00
  • Total Expenses: 2360.00

Tax Info

  • Tax Census Tract: 6002.01
  • Tax Lot: 10
  • Tax Tract Number: 3
  • TaxOtherAnnualAssessmentAmount: 1053.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Jan 25, 2024
Sold by
Gonzalez Elias R and Gonzalez Veronica
Bought by
Sumlin Marquise
Seller's Agent
Jorge Rico
Rico and Rico Realty and Assoc
Buyer's Agent
Breahna Alvarez
eXp of Greater Los Angeles Inc
List Price
$720,000
Sold Price
$725,000
Premium/Discount to List
$5,000
0.69%
Views
85
Current Estimated Value
$763,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,165
Avg. Annual Appreciation
2.50%
Original Mortgage
$725,000
Interest Rate
6.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2019
Sold by
Gonzalez Ellias R and Gonzalez Veronica
Bought by
Gonzalez Elias R and Gonzalez Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2014
Closed on
Jun 17, 2015
Sold by
Castro Nancy
Bought by
Gonzalez Elias and Gonzalez Veronica
Seller's Agent
Leonel Molina
First Investments Realty & Mortgage
Buyer's Agent
George Ruiz
VIP RE Firm
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$338,751
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 26, 2013
Closed on
Nov 22, 2013
Sold by
Lopez Rafael E
Bought by
Castro Nancy
Seller's Agent
Ernesto Sifuentes
Century 21 A Better Service
Buyer's Agent
Irma Velasquez
Century 21 LOTUS
List Price
$300,000
Sold Price
$299,000
Premium/Discount to List
-$1,000
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$293,584
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2012
Sold by
Medina Guadalupe Westerheyde
Bought by
Westerheyde Herman

Purchase Details

Closed on
Mar 12, 2012
Sold by
Munoz Enma and Westerheyde Herman
Bought by
Munoz Enma

Purchase Details

Closed on
Feb 8, 2012
Sold by
Munoz Emma
Bought by
Munoz Emma and Westerheyde Herman

Purchase Details

Closed on
Dec 6, 2011
Sold by
Lopez Coralia
Bought by
Lopez Rafael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2005
Sold by
Molina Maria and Morales Ismael
Bought by
Munoz Enma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 9, 2005
Sold by
Molina Maria
Bought by
Morales Ismael and Molina Maria

Purchase Details

Closed on
Oct 5, 2004
Sold by
Morales Ismael
Bought by
Molina Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Jackson Leopoldina
Bought by
Molina Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2003
Sold by
Ocampo Jose D
Bought by
Jackson Leopoldina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1999
Sold by
Southern California Seconds Inc
Bought by
Ocampo Jose Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,896
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 1999
Sold by
Gilmore Ella Louise
Bought by
Southern California Seconds Inc and Henderson Development Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,896
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 1999
Sold by
Black Glenn
Bought by
Smith Robert

Purchase Details

Closed on
Oct 20, 1998
Sold by
Hatcher Roger
Bought by
Peevy Diane

Purchase Details

Closed on
Jul 17, 1998
Sold by
Jett David
Bought by
Hatcher Roger

Purchase Details

Closed on
Mar 9, 1997
Sold by
Neusom James I Ii Tr Jett Family Trust
Bought by
Jett David

Purchase Details

Closed on
Nov 16, 1993
Sold by
Gilmore Ella Louise
Bought by
Neusom James I and Jett Family Trust
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
Sumlin Marquise $725,000 Lawyers Title
Gonzalez Elias R -- First American Title Company
Gonzalez Elias $345,000 Usa National Title Co Inc
Castro Nancy $299,000 Title 365
Westerheyde Herman -- None Available
Munoz Enma -- None Available
Munoz Emma -- None Available
Lopez Rafael E -- First American Title Company
Lopez Rafael E $200,000 First American Title Company
Munoz Enma $477,000 Southland Title
Morales Ismael -- --
Molina Maria -- North American Title Co
Molina Maria $307,000 North American Title Company
Jackson Leopoldina $189,000 American Title Co
Ocampo Jose Daniel $106,000 American Title Co
Southern California Seconds Inc $90,100 American Title Co
Smith Robert -- --
Peevy Diane -- --
Hatcher Roger -- --
Jett David -- --
Neusom James I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumlin Marquise $731,100
Closed Sumlin Marquise $725,000
Previous Owner Gonzalez Blas R $464,000
Previous Owner Gonzalez Elias R $445,000
Previous Owner Gonzalez Elias $438,542
Previous Owner Gonzalez Elias $397,842
Previous Owner Gonzalez Elias $338,864
Previous Owner Gonzalez Elias $338,751
Previous Owner Castro Nancy $293,584
Previous Owner Lopez Rafael E $140,000
Previous Owner Munoz Enma $468,000
Previous Owner Munoz Enma $58,500
Previous Owner Munoz Enma $119,250
Previous Owner Munoz Enma $357,750
Previous Owner Molina Maria $245,600
Previous Owner Jackson Leopoldina $214,000
Previous Owner Jackson Leopoldina $179,550
Previous Owner Ocampo Jose Daniel $133,896
Closed Molina Maria $61,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $725,000 +0.7% $535 / Sq Ft
10/30/2023 10/30/23 For Sale $720,000 +108.7% $531 / Sq Ft
06/24/2015 06/24/15 Sold $345,000 -1.4% $254 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $350,000 +17.1% $258 / Sq Ft
12/16/2013 12/16/13 Sold $299,000 -0.3% $221 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $300,000 -- $221 / 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 $6,059 $739,500 $586,500 $153,000
2024 $6,059 $406,499 $276,892 $129,607
2023 $5,795 $398,529 $271,463 $127,066
2022 $5,544 $390,716 $266,141 $124,575
2021 $7,907 $383,056 $260,923 $122,133
2020 $7,945 $379,129 $258,248 $120,881
2019 $5,329 $371,696 $253,185 $118,511
2018 $5,206 $364,409 $248,221 $116,188
2016 $4,996 $350,260 $238,583 $111,677
2015 $4,454 $304,974 $203,996 $100,978
2014 $3,340 $204,925 $163,940 $40,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23201753

California Regional Multiple Listing Service (CRMLS)

APN: 6056-012-010