
1312 W Florence Ave Los Angeles, CA 90044
Vermont Knolls NeighborhoodEstimated Value: $836,054
About This Home
As of May 20204 unit apartment building centrally located real estate investment opportunity located near the Staples Center and the new LA Rams stadium. This property offers a unique mix of (1) 3bd/2ba & (3) 1bd/1ba units that are 100% occupied with month to month tenants. The property is zoned for LAC2 and sits on 4,795 sqft lot. The owner is currently operating the property as a 4 unit but assessors shows 6 units. The new owner will have the opportunity to take advantage of the true upside potential through rental increases and capital improvements.
Last Agent to Sell the Property
Forward Real Estate License #01830409 Listed on: 01/08/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,114
Year Built
- Built in 1919
Lot Details
- 4,796
Interior Spaces
- 2,900 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- 5 Parking Spaces
- Covered Parking
Additional Features
- 4,796 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 6019-001-004
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Florence Ave Property Llc | -- | Western Resources Title | |
Montoya Maia Mercedes | -- | Western Resources Title | |
Florence Ave Llc | -- | Accommodation | |
Montoya Mata Mercedes | $670,000 | First American Title Company | |
Staggers Alfonza | -- | -- | |
Staggers Alfonza | $285,000 | Provident Title | |
Community Housing Restoration | -- | -- | |
Inglewood Neighborhood Housing | $104,000 | Benefit Land Title | |
Hud | -- | First American Title Ins Co | |
Credit Based Asset Servicing & Securitiz | $262,006 | Benefit Land Title Ins Co | |
Jones Kristi Marie | $246,000 | Benefit Land Title Company | |
Angarica Roberto | $168,000 | Commonwealth Land Title Co | |
Caroulis Steven M | $158,500 | Commonwealth Land Title Co | |
Universal American Mtg Company | $100,000 | North American Title Co |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Florence Ave Property Llc | $470,000 | |
Previous Owner | Montoya Mata Mercedes | $502,500 | |
Previous Owner | Staggers Alfonza | $430,500 | |
Previous Owner | Staggers Alfonza | $305,515 | |
Previous Owner | Staggers Alfonza | $284,804 | |
Previous Owner | Staggers Alfonza | $280,596 | |
Previous Owner | Inglewood Neighborhood Housing | $94,690 | |
Previous Owner | Jones Kristi Marie | $236,916 | |
Previous Owner | Angarica Roberto | $132,000 | |
Previous Owner | Caroulis Steven M | $108,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/13/2020 05/13/20 | Sold | $670,000 | 0.0% | $231 / Sq Ft |
04/07/2020 04/07/20 | Price Changed | $670,000 | 0.0% | $231 / Sq Ft |
04/07/2020 04/07/20 | For Sale | $670,000 | -2.8% | $231 / Sq Ft |
02/21/2020 02/21/20 | Pending | -- | -- | -- |
02/07/2020 02/07/20 | Price Changed | $689,500 | -0.1% | $238 / Sq Ft |
01/27/2020 01/27/20 | Price Changed | $690,000 | -1.4% | $238 / Sq Ft |
01/08/2020 01/08/20 | For Sale | $700,000 | -- | $241 / Sq Ft |
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $9,114 | $718,372 | $410,652 | $307,720 |
2023 | $8,947 | $704,287 | $402,600 | $301,687 |
2022 | $8,545 | $690,478 | $394,706 | $295,772 |
2021 | $8,428 | $676,940 | $386,967 | $289,973 |
2020 | $4,998 | $377,413 | $112,557 | $264,856 |
2019 | $4,814 | $370,013 | $110,350 | $259,663 |
2018 | $4,720 | $362,759 | $108,187 | $254,572 |
2016 | $4,494 | $348,675 | $103,987 | $244,688 |
2015 | $4,432 | $343,439 | $102,426 | $241,013 |
2014 | $4,455 | $336,712 | $100,420 | $236,292 |
Agents Affiliated with this Home
-
Seller's Agent in 2020
Juan Michael
Forward Real Estate
(323) 873-6550
1 in this area
9 Total Sales
-
Buyer's Agent in 2020
Hofit Kahn
Compass
(310) 463-8049
69 Total Sales
Map
Source: The MLS
MLS Number: 20-542254

APN: 6019-001-004
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