NOT LISTED FOR SALE

1317 W 60th Place Los Angeles, CA 90044

Vermont-Slauson Neighborhood

Estimated Value: $710,000 - $912,037

4 Beds
2 Baths
1,365 Sq Ft
$589/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $490,000 $359 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,827/month

12 Days on Market

About This Home

As of February 2019

Two units in a nice area of Los Angeles. Front unit consisting of 3 bedroom and 1 bathroom ceramic tiles and laminated flooring throughout . Granite counter top in the kitchen. Back unit is one bedroom and one bathroom.

Last Agent to Sell the Property

Luis Flores

The Real Estate Solution License #01379309 Listed on: 01/14/2019

Last Buyer's Agent

Gerardo Diaz

Re/Max Top Producers License #02010408

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,761

Year Built

  • Built in 1924

Lot Details

  • 6,255 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,365 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 112
  • Tax Tract Number 3987
  • Assessor Parcel Number 6003017016

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $50
  • Insurance Expense $75
  • Water Sewer Expense $150
  • New Taxes Expense $510
  • Operating Expense $785
  • Gross Income $28,800
  • Net Operating Income $2,095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,761

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 6003017016
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 358.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 6255.00
  • Lot Size Acres: 0.1436

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 75.00
  • Lot Size Area: 6255.0000 Square Feet
  • Net Operating Income: 2095.00
  • 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: 785.00
  • Rent Control: Yes
  • Total Expenses: 785.00

Tax Info

  • New Taxes Expense: 510.00
  • Tax Census Tract: 2372.01
  • Tax Lot: 112
  • Tax Tract Number: 3987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Jan 28, 2019
Sold by
Robles Victor R
Bought by
Portillo Luz A
Seller's Agent
Luis Flores
The Real Estate Solution
Buyer's Agent
Gerardo Diaz
Re/Max Top Producers
List Price
$489,880
Sold Price
$490,000
Premium/Discount to List
$120
0.02%
Current Estimated Value
$804,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,259
Avg. Annual Appreciation
7.77%
Original Mortgage
$434,472
Outstanding Balance
$382,903
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$421,356

Purchase Details

Closed on
Apr 26, 2011
Sold by
Sunset Equity Partners Llc
Bought by
Robles Victor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2009
Sold by
Rojas Marvin
Bought by
Sunset Equity Partners Llc

Purchase Details

Closed on
Jan 23, 2004
Sold by
Torres Alfredo Ramirez
Bought by
Rojas Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2002
Sold by
Miranda Emelina
Bought by
Torres Alfredo Ramirez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,890
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2002
Sold by
Torres Alfredo Ramirez
Bought by
Torres Alfredo Ramirez and Palacios Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,890
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2001
Sold by
Palacios Luis
Bought by
Torres Alfredo Ramirez

Purchase Details

Closed on
Oct 27, 2000
Sold by
Miranda Emelina
Bought by
Torres Alfredo Ramirez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,283
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2000
Sold by
Spruce Housing Associates Inc
Bought by
Torres Alfredo Ramirez and Palacios Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,283
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2000
Sold by
Ward John S
Bought by
Spruce Housing Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.22%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Beckwith Ida L
Bought by
Ward John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.22%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Beckwith Ida L
Bought by
Williams Liddie Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.73%

Purchase Details

Closed on
Oct 9, 1995
Sold by
Williams Liddie Mae
Bought by
Beckwith Ida Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,100
Interest Rate
7.8%
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
Portillo Luz A $490,000 Chicago Title Co
Robles Victor R $260,000 Fidelity National Title
Sunset Equity Partners Llc $119,706 None Available
Rojas Marvin $260,000 Southland Title Company
Torres Alfredo Ramirez -- United Title Company
Torres Alfredo Ramirez -- United Title Company
Torres Alfredo Ramirez -- --
Torres Alfredo Ramirez -- --
Torres Alfredo Ramirez $210,000 United Title Company
Spruce Housing Associates Inc -- United Title Company
Ward John S $95,000 Fidelity Title
Ward John S -- Fidelity Title
Williams Liddie Mae -- Benefit Title
Beckwith Ida Mae -- American Coast Title Co Inc
Williams Liddie Mae -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portillo Luz A $434,472
Previous Owner Robles Victor R $195,000
Previous Owner Rojas Marvin $208,000
Previous Owner Torres Alfredo Ramirez $215,890
Previous Owner Torres Alfredo Ramirez $208,283
Previous Owner Ward John S $130,000
Previous Owner Williams Liddie Mae $68,000
Previous Owner Williams Liddie Mae $50,100
Closed Rojas Marvin $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2019 02/22/19 Sold $490,000 0.0% $359 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $489,880 -- $359 / 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 $6,761 $546,600 $382,621 $163,979
2024 $6,761 $535,883 $375,119 $160,764
2023 $6,637 $525,376 $367,764 $157,612
2022 $6,338 $515,075 $360,553 $154,522
2021 $6,256 $504,977 $353,484 $151,493
2019 $3,948 $308,941 $246,925 $62,016
2018 $3,849 $302,884 $242,084 $60,800
2016 $3,676 $291,125 $232,685 $58,440
2015 $3,624 $286,753 $229,190 $57,563
2014 $3,651 $281,137 $224,701 $56,436
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Luis Flores

    The Real Estate Solution

    (562) 209-2236

    12 Total Sales

    Luis Flores
    Section Image
  • Gerardo Diaz

    Buyer's Agent in 2019

    Gerardo Diaz

    RE/MAX

    (951) 264-3494

    10 Total Sales

    Gerardo Diaz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19012250

California Regional Multiple Listing Service (CRMLS)

APN: 6003-017-016

California Los Angeles County Los Angeles 90044 Vermont-Slauson

1317 W 60th Place, Los Angeles, CA

This home is located at 1317 W 60th Place, Los Angeles, CA 90044 since 14 January 2019 and is currently estimated at $804,259, approximately $589 per square foot. This property was built in 1924. 1317 W 60th Place is a home located in Los Angeles County with nearby schools including John Muir Middle School, Augustus F. Hawkins High A Critical Design And Gaming, and Budlong Avenue Elementary 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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