NOT LISTED FOR SALE

Estimated Value: $667,000 - $947,000

5 Beds
4 Baths
1,740 Sq Ft
$467/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $875,000 $503 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,453/month

12 Days on Market

Highlights

  • Private Yard
  • Neighborhood Views
  • 1-Story Property
  • No HOA
  • Laundry Room

About This Home

As of November 2023

**Live Smart...Rent 1 and Live in 1** Opportunity knocks in the heart of Los Angeles: Move in ready - Front Unit is a functional 3 bedrooms 2 full bathrooms featuring an open floor with a modern kitchen design and living area. This Unit also has its own individual laundry room with a rear exit door to that leads to rear side yard. Rear unit is a permitted newly (2023) constructed 2-bedroom 2-bathroom ADU-with its own address & gas/electric meters. Units are detached with individual green yards for summertime family gatherings. The kitchens were carefully designed with customized cabinetry and quartz countertops, remodeled bathroom w/modern cabinetry and modern tile. This area is quiet, with green lawns to your left & right, pride of ownership neighborhood. New Central AC/HVAC. This is a must-see property, all mayor freeways and public transportation within close proximity including several popular new re-development projects including the on-going development of the Lucas Museum. Commuters enjoy close proximity to LA Coliseum, LAFC/BMO Stadium, USC Village, El Mercado La Paloma Food Court, & a short commute to Sofi Stadium Hub, DTLA, Arts District, and the Metro Link Stations. This is the one, perfect for an extended family or an Investor Buyer in need of immediate cash flow. At COE: both units will be fully equipped with stoves & microwave hood vents.

Last Agent to Sell the Property

Xio Sandoval

CENTURY 21 REALTY MASTERS License #01308913 Listed on: 09/02/2023

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Daniel Alvarez

Keller Williams SELA License #02212304

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,720

Year Built

  • Built in 1922

Lot Details

  • 4,680 Sq Ft Lot
  • No Common Walls
  • Sprinklers on Timer
  • Private Yard

Home Design

  • Duplex

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 1356
  • Assessor Parcel Number 6014024008
  • $227 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $410
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,106
  • Operating Expense $13,716
  • Net Operating Income $53,796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,720

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Inclusions: Stove & microwave hood vents for each unit.
  • Price Per Unit: 437450
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6014024008
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: ground level
  • Common Walls: No Common Walls
  • Entry Level: 4
  • Levels: One
  • Price Per Square Foot: 502.87

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 410.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers Timer, Yard
  • Lot Size Sq Ft: 4680.00
  • Lot Size Acres: 0.1074

Multi Family

  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 4680.0000 Square Feet
  • Net Operating Income: 53796.00
  • 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: 13716.00
  • Rent Control: No
  • Total Expenses: 13716.00
  • Vacancy Allowance: 67512
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10106.00
  • Tax Census Tract: 2374.02
  • Tax Lot: 64
  • Tax Tract Number: 1356
  • TaxOtherAnnualAssessmentAmount: 227.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2023
Closed on
Oct 11, 2023
Sold by
Blanco Alicia
Bought by
Blanco Hector
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Daniel Alvarez
Keller Williams SELA
List Price
$874,900
Sold Price
$875,000
Premium/Discount to List
$100
0.01%
Total Days on Market
12
Views
34
Current Estimated Value
$812,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,670
Avg. Annual Appreciation
-4.57%
Original Mortgage
$859,052
Outstanding Balance
$846,203
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
-$33,873

Purchase Details

Listed on
Sep 2, 2023
Closed on
Sep 18, 2023
Sold by
Gi Property 59 Llc
Bought by
Blanco Hector
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Daniel Alvarez
Keller Williams SELA
List Price
$874,900
Sold Price
$875,000
Premium/Discount to List
$100
0.01%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$859,052
Outstanding Balance
$846,203
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
-$33,873

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 1, 2022
Sold by
Mergerson Cathy
Bought by
Gi Property 59 Llc
Seller's Agent
Jose Garcia
KW VISION
Buyer's Agent
Jose Garcia
KW VISION
List Price
$459,000
Sold Price
$400,000
Premium/Discount to List
-$59,000
-12.85%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.35%
Source: Public Records

Similar Homes in Los Angeles, CA

  • 5214 Cimarron St Unit 5216, Los Angeles, CA 90062

    $630,000

    • 2 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 5214 Cimarron St
    • Unit 5216
    • Los Angeles, CA

    Probate sale - court confirmation may be required. Long time family owned property, first time on the market in over 50 years. Drive by only. Do not disturb occupants. No showings at this time. Each unit is one bedroom and one bathroom. One unit has updated bathroom. Sold "as-is", no request for repairs will be considered, and no repair credits will be given. Present offers "subject to

    Sherri Reese Robert Pitts Estates

    Section Image
  • 1739 E 57th St, Los Angeles, CA 90058

    $775,000

    • 4 Beds
    • 2 Baths
    • 1,682 Sq Ft
    • 1739 E 57th St
    • Los Angeles, CA

    Two parcels for sale. 1) 1739 E 57th. 5105-012-014 has two on a lot. Two single family structures separated by fences and driveways. It is a corner lot. 2)5554 Duarte. 5105-012-015, is vacant and zoned R2. You can build two homes on that lot and collect rents from the other lot while you build. Structures can be delivered vacant, but tenants are great and willing to discuss new leases. Well

    Jennifer Brill Monarch Capital Corporation

    Section Image
  • 569 S Rowan Ave, Los Angeles, CA 90063

    $850,000

    • 1 Bed
    • 1 Bath
    • 3,976 Sq Ft
    • 569 S Rowan Ave
    • Los Angeles, CA

    A rare find in the heart of East Los Angeles. Investor special!! This 5 unit apartment building consist of a Corner House that was used as a business at one point with 1,176 Sq Ft per assessor data and a building with 4 one bedroom units. This property is in need of renovations and 4 units will be delivered vacant with the possibility of getting the 5th unit vacant.

    Antonio Martinez Keller Williams Pacific Estate

    Section Image
  • 2811 Boulder St, Los Angeles, CA 90033

    $775,000

    • 4 Beds
    • 2 Baths
    • 2,272 Sq Ft
    • 2811 Boulder St
    • Los Angeles, CA

    NEW PRICE IMPROVEMENT!! Discover this fantastic duplex located in the heart of Los Angeles. Each of the two units offers 2 bedrooms and 1 bath, providing comfortable living spaces that are perfect for both homeowners and potential renters.Both units are in great condition, showcasing well-maintained interiors with bright, open layouts and modern updates. The roof is also in excellent condition,

    Herb Diaz PLF Real Estate Solutions

    Section Image
  • 1031 N Fickett St, Los Angeles, CA 90033

    $698,000

    • 1 Bed
    • 1 Bath
    • 1,248 Sq Ft
    • 1031 N Fickett St
    • Los Angeles, CA

    Charming Boyle Heights Duplex in a Prime Location!This property offers two well-appointed 1-bedroom, 1-bathroom units. Each unit boasts granite countertops, abundant storage, and a breakfast bar that complements the bright and open floor plan. Other highlights include laminate flooring, in-unit laundry hookups, and a spacious bedroom with a walk-in closet.With separate electric and gas meters for

    Giovanni Morales COMPASS

    Section Image
  • 1257 W 60th Place, Los Angeles, CA 90044

    $860,000

    • 4 Beds
    • 2.5 Baths
    • 2,635 Sq Ft
    • 1257 W 60th Place
    • Los Angeles, CA

    Dual Unit Investment Opportunity!! This well-maintained property with two distinct, stand-alone residences, offers the opportunity to maximize rental versatility and flexibility. Unit 1, a spacious 1759 sq ft home, offers a large living room with fireplace, separate dining area, a kitchen with breakfast nook, two bedrooms, and a large bonus room with a second fireplace and bathroom, presenting

    Sarah Zarcone COMPASS

    Section Image
  • 1826 W 73rd St, Los Angeles, CA 90047

    $649,999

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 1826 W 73rd St
    • Los Angeles, CA

    Investor's Dream Location! Unlock the potential of this duplex with ADU (Accessory Dwelling Unit) permits currently in process, offering incredible income-generating opportunities. The property includes two 1-bedroom, 1-bath units and approved plans for a 2-story, 2-bedroom, 3-bath ADU. Perfect for investors or homeowners who want to live in one unit and rent out the other. With some TLC, this

    Cornelius Jackson Haus Of Real Estate

    Section Image
  • 112 W 62nd St, Los Angeles, CA 90003

    $700,000

    • 3 Beds
    • 2 Baths
    • 1,364 Sq Ft
    • 112 W 62nd St
    • Los Angeles, CA

    The Properties are ready to be sold and will be vacant at the closing. This is a Trust sale, no court order needed.

    Gonzalo Corona KP Realty & Associates

    Section Image
  • 317 E 80th St, Los Angeles, CA 90003

    $900,000

    • 4 Beds
    • 2 Baths
    • 2,784 Sq Ft
    • 317 E 80th St
    • Los Angeles, CA

    This property is situated at 317 East 80th Street in the Southwest section of Los Angeles. It consists of two separate buildings, each containing a 4-bedroom, 2-bath unit. Tenants are responsible for paying their own water, gas, and electricity bills. This two-unit apartment building presents a high yield, making it an excellent investment opportunity or a viable option for owner occupancy. The

    Mike Marcu Mike Marcu, Broker

    Section Image

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
Blanco Hector -- Wfg National Title
Blanco Hector $3,579,545 None Listed On Document
Gi Property 59 Llc $400,000 Corinthian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Hector $859,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $875,000 0.0% $503 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $874,900 +118.7% $503 / Sq Ft
01/19/2023 01/19/23 Sold $400,000 -12.9% $420 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $459,000 +14.8% $482 / Sq Ft
11/14/2022 11/14/22 Off Market $400,000 -- --
10/28/2022 10/28/22 For Sale $459,000 -- $482 / 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
2024 $10,720 $874,900 $400,000 $474,900
2023 $5,135 $416,160 $384,948 $31,212
2022 $538 $33,667 $23,995 $9,672
2021 $523 $33,008 $23,525 $9,483
2019 $509 $32,030 $22,828 $9,202
2018 $459 $31,403 $22,381 $9,022
2016 $430 $30,186 $21,513 $8,673
2015 $424 $29,733 $21,190 $8,543
2014 $436 $29,151 $20,775 $8,376
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: MB23164686

California Regional Multiple Listing Service (CRMLS)

APN: 6014-024-008