NOT LISTED FOR SALE

Estimated Value: $696,000 - $839,000

3 Beds
2 Baths
1,724 Sq Ft
$442/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $480,000 $278 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,680/month

132 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of February 2017

This permitted duplex is in the unincorporated area of Los Angeles and is not subject to the LA Rent Stabilization Ordinance (Rent Control). The unit mix is 2+1 and 1+1. Recent upgrades include newer windows, newer laminate flooring in living areas, and new ceramic tile in kitchens and baths. Both units have copper plumbing, new fixtures, new appliances, and new lighting throughout. The electrical system has been completely upgraded including new wiring, outlets, switches, panels, and sub panels. Located 2-miles from LA Southwest College and 4-miles to the future home of the LA Rams City of Champions Stadium which will include the stadium/entertainment venue, restaurants, retail shops, entertainment attractions, commercial businesses, public parks, and art exhibits.

Last Agent to Sell the Property

Conrad Serrano

COMPASS License #01331696 Listed on: 10/05/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,683

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 5,469

Home Design

  • Property Attached
  • Stucco

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Ceiling Fan
  • 5,469 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 6047018008

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,683

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LCR320U*
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6047018008
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Laminate, Tile
  • Levels: One

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5469.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lot Size Area: 5469.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2020
Sold by
Raymundo Rey B and Elsabbagh Omar
Bought by
Raymondo Rey B and Elsabbagh Omar
Current Estimated Value
$761,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Outstanding Balance
$396,944
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$383,450

Purchase Details

Listed on
Oct 5, 2016
Closed on
Feb 2, 2017
Sold by
Raymundo Anna Marie M
Bought by
Raymundo Rey B
Seller's Agent
Conrad Serrano
COMPASS
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$459,604
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 5, 2016
Closed on
Jan 13, 2017
Sold by
Nehemiah Acquisitions For Prosperity Llc
Bought by
Raymundo Rey B and Elsabbagh Omar
Seller's Agent
Conrad Serrano
COMPASS
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,604
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 24, 2016
Closed on
May 27, 2016
Sold by
Fannie Mae
Bought by
Nehemiah Acquisitions For Prosperity Llc
Seller's Agent
Peter Park
Prime Properties Asset Mgmt.
Buyer's Agent
Conrad Serrano
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.36%

Purchase Details

Closed on
Oct 10, 2015
Sold by
Banks Juanita
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 11, 2004
Sold by
Banks Juanita and Banks Troy Lee
Bought by
Banks Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.48%
Mortgage Type
FHA
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
Raymondo Rey B -- Orange Coast Title
Raymundo Rey B -- Orange Coast Title Company
Raymundo Rey B $480,000 Orange Coast Title Company
Nehemiah Acquisitions For Prosperity Llc $340,000 Lawyers Title Ie
Federal National Mortgage Association $285,000 Ticor Title
Banks Juanita -- Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymondo Rey B $446,000
Closed Raymundo Rey B $459,604
Previous Owner Medina Francisco Javier $254,000
Previous Owner Banks Juanita $544,185
Previous Owner Banks Juanita $382,500
Closed Banks Juanita $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $480,000 -1.8% $278 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
10/05/2016 10/05/16 For Sale $489,000 +43.8% $284 / Sq Ft
05/31/2016 05/31/16 Sold $340,000 0.0% $197 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $340,000 -- $197 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $7,683 $560,838 $411,420 $149,418
2024 $7,683 $549,842 $403,353 $146,489
2023 $7,387 $539,062 $395,445 $143,617
2022 $7,256 $546,198 $412,226 $133,972
2021 $7,177 $535,490 $404,144 $131,346
2020 $6,987 $509,379 $371,422 $137,957
2019 $6,727 $499,392 $364,140 $135,252
2018 $6,610 $489,600 $357,000 $132,600
2016 $4,799 $357,000 $250,000 $107,000
2015 $899 $31,368 $18,945 $12,423
2014 $905 $30,754 $18,574 $12,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316009144

Pasadena-Foothills Association of REALTORS®

APN: 6047-018-008