NOT LISTED FOR SALE

1323 S Fetterly Ave Los Angeles, CA 90022

Estimated Value: $743,000 - $874,000

5 Beds
4 Baths
2,129 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 09, 2014

Last sale price $349,000 $164 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,928/month

9 Days on Market

About This Home

As of June 2014

NICE THREE UNIT BUILDING...FIXER UPPER...

Last Agent to Sell the Property

Ralph Lopez

REDI License #01211113 Listed on: 04/19/2014

Last Buyer's Agent

Marvin Malone

Amberwood Real Estate, Inc. License #01202247

Amberwood Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 1930

Lot Details

  • 6,297 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,129 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 7366
  • Assessor Parcel Number 5246017029

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,500
  • Trash Expense $1,000
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,500
  • Gross Income $3,300
  • Net Operating Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,700

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 5246017029
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 163.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6297.00
  • Lot Size Acres: 0.1450

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 5500.00
  • Lot Size Area: 6297.0000 Square Feet
  • Net Operating Income: 25800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Operating Expense: 13800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Lot: 10
  • Tax Tract Number: 7366
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2022
Sold by
Judith Delrio Priscilla
Bought by
Mendoza Roberto
Current Estimated Value
$802,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,000
Outstanding Balance
$543,418
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$258,582

Purchase Details

Listed on
Apr 19, 2014
Closed on
May 6, 2014
Sold by
Terra Funding Llc
Bought by
Mendoza Robert
Seller's Agent
Ralph Lopez
REDI
Buyer's Agent
Marvin Malone
Amberwood Real Estate, Inc.
List Price
$339,000
Sold Price
$349,000
Premium/Discount to List
$10,000
2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$342,678
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2014
Sold by
Bautista Hector A
Bought by
Terra Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,678
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2014
Sold by
Derosa Leo
Bought by
Terra Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,678
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2012
Sold by
Derosa Leo
Bought by
Terra Funding Llc

Purchase Details

Closed on
Sep 21, 2010
Sold by
Leason Derek G
Bought by
Derosa Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,300
Interest Rate
10.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 18, 2008
Sold by
Derosa Leo
Bought by
Leason Derek G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,100
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2008
Sold by
Derosa Leo
Bought by
Bautista Hector Antonio

Purchase Details

Closed on
Jul 18, 2007
Sold by
Derosa Leo
Bought by
Derosa Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Derosa Leo and Carillo De Rosa Family Living
Bought by
Derosa Leo

Purchase Details

Closed on
Feb 11, 2002
Sold by
Carrillo Raquel
Bought by
The Carrillo Derosa Family Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mendoza Roberto -- First American Title Company O
Mendoza Roberto -- First American Title Company O
Mendoza Robert $349,000 Stewart Title
Terra Funding Llc -- None Available
Terra Funding Llc -- None Available
Terra Funding Llc $210,463 Accommodation
Derosa Leo -- None Available
Leason Derek G $330,000 None Available
Bautista Hector Antonio $10,000 None Available
Derosa Leo -- Chicago Title Co
Derosa Leo -- Civic Center Title Svc Inc
The Carrillo Derosa Family Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Roberto $581,000
Previous Owner Mendoza Robert $342,678
Previous Owner Derosa Leo $169,300
Previous Owner Leason Derek G $262,670
Previous Owner Derosa Leo $326,100
Previous Owner Derosa Leo $40,000
Previous Owner Derosa Leo $115,000
Previous Owner Derosa Leo $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2014 06/09/14 Sold $349,000 +2.9% $164 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
04/19/2014 04/19/14 For Sale $339,000 -- $159 / 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 $6,700 $427,815 $187,550 $240,265
2024 $6,700 $419,427 $183,873 $235,554
2023 $6,447 $411,204 $180,268 $230,936
2022 $6,253 $403,142 $176,734 $226,408
2021 $6,063 $395,238 $173,269 $221,969
2020 $6,023 $391,186 $171,493 $219,693
2019 $5,862 $383,517 $168,131 $215,386
2018 $5,870 $375,998 $164,835 $211,163
2016 $5,631 $361,399 $158,435 $202,964
2015 $5,343 $355,972 $156,056 $199,916
2014 -- $321,452 $251,135 $70,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14080753

California Regional Multiple Listing Service (CRMLS)

APN: 5246-017-029