NOT LISTED FOR SALE

1321 W 62nd St Los Angeles, CA 90044

Vermont-Slauson Neighborhood

Estimated Value: $631,000 - $888,242

3 Beds
2 Baths
1,492 Sq Ft
$481/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $475,000 $318 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,436/month

10 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2020

Excellent opportunity for a first time buyer or investor. Units are priced to sell. Rear unit has 2 Bedrooms 1 bath, breakfast area and indoor laundry. Front unit is a spacious 1 bedroom 1 bathroom, breakfast area, indoor laundry and central air. Each unit has their independent 1 car garage. Units have a gated big back yard, long driveway to park your cars and good size front yard with iron gate. They are close to shops and public transportation.

Last Agent to Sell the Property

PATRICIA RIOS

Century 21 Masters License #01178265 Listed on: 08/17/2020

Century 21 Masters

Last Buyer's Agent

Ramon Ocon

Ramon E. Ocon, Broker License #01323839

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 1952

Lot Details

  • 6,723 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tax Lot 209
  • Tax Tract Number 3987
  • Assessor Parcel Number 6003026020

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $720
  • Operating Expense $720
  • Net Operating Income $19,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,357

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 720.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6003026020
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 318.36

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6723.00
  • Lot Size Acres: 0.1543

Multi Family

  • Gross Scheduled Income: 19800.00
  • Lot Size Area: 6723.0000 Square Feet
  • Net Operating Income: 19080.00
  • 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: 720.00
  • Rent Control: Yes
  • Total Expenses: 720.00

Tax Info

  • Tax Census Tract: 2372.01
  • Tax Lot: 209
  • Tax Tract Number: 3987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 10, 2020
Sold by
Calderon Amelia
Bought by
Calderon Armando
Seller's Agent
PATRICIA RIOS
Century 21 Masters
Buyer's Agent
Ramon Ocon
Ramon E. Ocon, Broker
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Current Estimated Value
$718,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,311
Avg. Annual Appreciation
8.79%
Original Mortgage
$389,500
Outstanding Balance
$347,222
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$370,668

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 2, 2020
Sold by
Espana Juvencio Lopez and Lopez Estela
Bought by
Calderon Edwin
Seller's Agent
PATRICIA RIOS
Century 21 Masters
Buyer's Agent
Ramon Ocon
Ramon E. Ocon, Broker
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Outstanding Balance
$347,222
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$370,668

Purchase Details

Closed on
Oct 21, 2015
Sold by
Wilson Ruby A
Bought by
Espana Juvencio Lopez and Lopez Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2001
Sold by
Wilson Ruby A and Hammonds Ruby A
Bought by
Wilson Ruby A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.15%

Purchase Details

Closed on
Sep 2, 1993
Sold by
Hoover Inzia L
Bought by
Hammonds Ruby A
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
Calderon Armando -- Pacific Coast Title Company
Calderon Edwin $475,000 Pacific Coast Title
Espana Juvencio Lopez $260,000 Western Resources Title Co
Wilson Ruby A -- Investors Title Company
Hammonds Ruby A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calderon Edwin $389,500
Previous Owner Espana Juvencio Lopez $150,000
Previous Owner Wilson Ruby A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $475,000 -5.0% $318 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $499,900 -- $335 / 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 $6,357 $514,153 $432,972 $81,181
2024 $6,357 $504,073 $424,483 $79,590
2023 $6,241 $494,190 $416,160 $78,030
2022 $5,959 $484,500 $408,000 $76,500
2021 $5,880 $475,000 $400,000 $75,000
2020 $3,674 $281,431 $227,310 $54,121
2019 $3,536 $275,913 $222,853 $53,060
2018 $3,433 $270,504 $218,484 $52,020
2016 $3,274 $260,000 $210,000 $50,000
2015 $674 $41,772 $22,827 $18,945
2014 $691 $40,954 $22,380 $18,574
Source: Public Records

Agents Affiliated with this Home

  • PATRICIA RIOS

    Seller's Agent in 2020

    PATRICIA RIOS

    Century 21 Masters

    (626) 786-5750

    1 in this area

    15 Total Sales

    PATRICIA RIOS
    Section Image

  • R

    Buyer's Agent in 2020

    Ramon Ocon

    Ramon E. Ocon, Broker

    (818) 425-3471

    1 in this area

    6 Total Sales

    Ramon Ocon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20167909

California Regional Multiple Listing Service (CRMLS)

APN: 6003-026-020

California Los Angeles County Los Angeles 90044 Vermont-Slauson

1321 W 62nd St, Los Angeles, CA

This home is located at 1321 W 62nd St, Los Angeles, CA 90044 since 17 August 2020 and is currently estimated at $718,311, approximately $481 per square foot. This property was built in 1952. 1321 W 62nd St 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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