NOT LISTED FOR SALE

1324 S Fetterly Ave Los Angeles, CA 90022

Estimated Value: $691,000 - $922,000

4 Beds
2 Baths
1,260 Sq Ft
$627/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $565,000 $448 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,985/month

90 Days on Market

About This Home

As of April 2021

GREAT INVESTMENT OPPORTUNITY IN EAST LOS ANGELES. TWO UNITS 2 BEDROOMS 1 BATH EACH ON A R4 ZONED LOT. THE PROPERTY IS AT A WALKING DISTANCE TO WHITTIER BLVD, MAJOR SHOPPING, PUBLIC TRANSPORT, SCHOOLS ETC. THIS PROPERTY IS SOLD IN "AS IS" CONDITION. SELLER VERY MOTIVATED!!

Last Agent to Sell the Property

Gilbert Lopez Torres

UNITED EXECUTIVES License #01349000 Listed on: 12/23/2020

Last Buyer's Agent

Yazmin Montana

YAZ Realty, Inc. License #01777704

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,193

Year Built

  • Built in 1928

Lot Details

  • 4,952 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 1,260 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Property is near a park

Listing and Financial Details

  • Legal Lot and Block 6 / O
  • Tax Tract Number 7366
  • Assessor Parcel Number 5246024006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,193

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LCR4YY
  • Property Type: Residential Income
  • Parcel Number: 5246024006
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 448.41

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 4952.00
  • Lot Size Acres: 0.1137

Multi Family

  • Lot Size Area: 4952.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: O
  • Tax Census Tract: 5316.02
  • Tax Lot: 6
  • Tax Tract Number: 7366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Apr 18, 2021
Sold by
Escrobedo Francisco Javier and Hushand Maria Leticia
Bought by
Mora Jose L and Tovar Mora Michelle
Seller's Agent
Gilbert Lopez Torres
UNITED EXECUTIVES
Buyer's Agent
Yazmin Montana
YAZ Realty, Inc.
List Price
$629,900
Sold Price
$565,000
Premium/Discount to List
-$64,900
-10.3%
Current Estimated Value
$789,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,520
Avg. Annual Appreciation
8.09%
Original Mortgage
$423,750
Outstanding Balance
$384,249
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$405,271

Purchase Details

Closed on
May 24, 2006
Sold by
Escobedo Maria Leticia
Bought by
Escobedo Francisco Javier and Escobedo Maria Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 25, 2004
Sold by
Escobedo Francisco Javier and Escobedo Maria Leticia
Bought by
Escobedo Maria Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2000
Sold by
Escobedo Francisco J and Escobedo Victor H
Bought by
Escobedo Francisco Javier and Escobedo Maria Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,057
Interest Rate
8.67%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 1998
Sold by
Escobedo Maria Leticia
Bought by
Escobedo Francisco Javier and Escobedo Victor H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,831
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1997
Sold by
The Zimmerman Trust Of 1978
Bought by
Escobedo Francisco Javier and Escobedo Victor H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,831
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 1996
Sold by
Perez Richard Salazar and Perez Mary Helen
Bought by
Zimmerman Trust Of 1978

Purchase Details

Closed on
Sep 13, 1993
Sold by
Zimmerman Stanley M
Bought by
Perez Richard Salazar and Perez Mary Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mora Jose L $565,000 Lawyers Title Company
Escobedo Francisco Javier -- Ticor Title Co Glendale
Escobedo Maria Leticia -- Alliance Title
Escobedo Francisco Javier -- Benefit Land Title Company
Escobedo Francisco Javier -- First American
Escobedo Francisco Javier $176,000 First American
Zimmerman Trust Of 1978 -- --
Perez Richard Salazar $129,090 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mora Jose L $423,750
Previous Owner Escobedo Francisco Javier $342,000
Previous Owner Escobedo Maria Leticia $235,000
Previous Owner Escobedo Francisco Javier $16,358
Previous Owner Escobedo Francisco Javier $177,057
Previous Owner Escobedo Francisco Javier $171,831
Previous Owner Perez Richard Salazar $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $565,000 -5.8% $448 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $599,900 -4.8% $476 / Sq Ft
12/23/2020 12/23/20 For Sale $629,900 -- $500 / 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 $8,193 $611,571 $395,086 $216,485
2024 $8,193 $599,581 $387,340 $212,241
2023 $8,034 $587,826 $379,746 $208,080
2022 $7,768 $576,300 $372,300 $204,000
2021 $4,993 $343,256 $177,350 $165,906
2020 $4,959 $339,737 $175,532 $164,205
2019 $4,820 $333,077 $172,091 $160,986
2018 $4,847 $326,547 $168,717 $157,830
2016 $4,650 $313,868 $162,166 $151,702
2015 $4,402 $309,155 $159,731 $149,424
2014 $4,357 $303,100 $156,603 $146,497
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20262136

California Regional Multiple Listing Service (CRMLS)

APN: 5246-024-006