NOT LISTED FOR SALE

1329 Van Pelt Ave Los Angeles, CA 90063

Estimated Value: $852,265 - $991,000

5 Beds
2 Baths
2,003 Sq Ft
$451/Sq Ft Est. Value

Last Sold September 11, 2013

Last sale price $399,000 $199 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,392/month

68 Days on Market

About This Home

As of September 2013

REDUCED. Live in one and rent the other. Excellent home with income opportunity. Remodeled throughout: new kitchens with cabinets and granite tops, new baths, lighting and electrical, new carpet and laminate flooring throughout. Rear entrance gate with 2-car parking space. Lots of storage space in converted basement. All remodel work done with top notch quality and workmanship. Located in City Terrace, an unincorporated pocket of LA with no rent control. Excellent neighborhood. A MUST SEE. See Private Remarks for showing instructions.

Last Agent to Sell the Property

Jila Shoumer

Nelson Shelton & Associates License #01255249 Listed on: 05/17/2013

Last Buyer's Agent

James Wong

License #01379571

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,993

Year Built

  • Built in 1951

Lot Details

  • 2,990 Sq Ft Lot

Interior Spaces

  • 2,003 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5226-018-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,993

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2003
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 199.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Value: 144430
  • Assessed Land Value: 127100
  • Assessor Parcel Number: 5226-018-013
  • Geocode Override: No
  • Lot Size Area: 2990

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 6.00
  • Number Of Units: 2
  • Total Annual Expense: 400
  • Type Of Units: 2-STORY
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2013
Closed on
Aug 1, 2013
Sold by
Aria Capital Llc
Bought by
Fong Sam
Seller's Agent
Jila Shoumer
Nelson Shelton & Associates
Buyer's Agent
James Wong
List Price
$399,900
Sold Price
$399,000
Premium/Discount to List
-$900
-0.23%
Current Estimated Value
$902,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,566
Avg. Annual Appreciation
6.26%
Original Mortgage
$350,000
Interest Rate
4.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Dec 17, 2012
Closed on
Jan 30, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Aria Capital Llc
Seller's Agent
David Robles
Real Broker
Buyer's Agent
David Robles
Real Broker
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
145.28%

Purchase Details

Closed on
Oct 29, 2012
Sold by
Caldera Inocencia
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 15, 2012
Sold by
Winnstar Properties Trust
Bought by
Caldera Inocencia

Purchase Details

Closed on
Jan 8, 2011
Sold by
Caldera Inocencia
Bought by
Winnstar Properties

Purchase Details

Closed on
Jul 1, 2010
Sold by
Martinez Michael and The Erwin & April Shirley & Aa
Bought by
Caldera Inocencia

Purchase Details

Closed on
Mar 22, 2010
Sold by
Caldera Inocencia
Bought by
Martinez Michael and The Erwin & April Shirley & Aaron & Char

Purchase Details

Closed on
Jul 7, 2006
Sold by
Reyes Antonio B and Reyes Maria Carmen
Bought by
Caldera Inocencia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2006
Sold by
Caldera Juan A
Bought by
Caldera Inocencia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2002
Sold by
Reyes Antonio B and Reyes Maria Carmen
Bought by
Reyes Antonio B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.12%
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
Fong Sam $399,000 Landsafe Title Of Ca Inc
Aria Capital Llc $235,000 None Available
Deutsche Bank National Trust Company $265,000 Landsafe Title
Caldera Inocencia -- None Available
Winnstar Properties -- None Available
Caldera Inocencia -- None Available
Martinez Michael -- None Available
Caldera Inocencia $535,000 Commonwealth Land Title Co
Caldera Inocencia -- Commonwealth Land Title Co
Reyes Antonio B -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Sam $260,000
Closed Aria Capital Llc $350,000
Previous Owner Caldera Inocencia $428,000
Previous Owner Caldera Inocencia $107,000
Previous Owner Reyes Antonio B $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2013 09/11/13 Sold $399,000 -0.2% $199 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $399,900 +70.2% $200 / Sq Ft
02/08/2013 02/08/13 Sold $235,000 -2.1% $117 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
12/17/2012 12/17/12 For Sale $240,000 -- $120 / Sq Ft
Source: The MLS

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 $6,993 $489,109 $159,358 $329,751
2024 $6,993 $479,520 $156,234 $323,286
2023 $6,709 $470,119 $153,171 $316,948
2022 $6,408 $460,902 $150,168 $310,734
2021 $6,332 $451,866 $147,224 $304,642
2019 $6,146 $438,465 $142,858 $295,607
2018 $6,044 $429,868 $140,057 $289,811
2016 $5,789 $413,177 $134,619 $278,558
2015 $5,703 $406,971 $132,597 $274,374
2014 -- $399,000 $130,000 $269,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jila Shoumer

    Nelson Shelton & Associates

  • David Robles

    Seller's Agent in 2013

    David Robles

    Real Broker

    (213) 712-4343

    162 Total Sales

    David Robles
    Section Image

  • J

    Buyer's Agent in 2013

    James Wong

See All Agents

Map

Source: The MLS

MLS Number: 13-673459

The MLS

APN: 5226-018-013

California Los Angeles County Los Angeles 90063

1329 Van Pelt Ave, Los Angeles, CA

This home is located at 1329 Van Pelt Ave, Los Angeles, CA 90063 since 17 May 2013 and is currently estimated at $902,566, approximately $450 per square foot. This property was built in 1951. 1329 Van Pelt Ave is a home located in Los Angeles County with nearby schools including Robert F. Kennedy Elementary School, Belvedere Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

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